Purchasing a new car is often the second most expensive purchase many Americans make. President Donald Trump’s One Big Beautiful Bill Act (OBBBA) offers new benefits to prospective car buyers that might entice some to buy a car. Read Next: The Surprising Reason Retirees Shouldn’t Pay Cash for a Car Check Out: Clever Ways To Save Money That Actually Work in 2025 However, personal finance expert Suze Orman warned in a recent article on her website of the dangers of using the new benefits to justify an unpla ...

About a year ago, BYD passed Tesla as the world's largest electric vehicle (EV) company. ...

Porsche and Volkswagen chief Oliver Blume says carmakers are ‘experiencing massive changes’ - Alex Kraus/Bloomberg Porsche has delayed the launch of its new electric vehicle (EV) as weak demand forces the German car manufacturer to focus on petrol and diesel engines. The company, owned by Volkswagen, said the launch-date for an EV version of its new SUV had been scrapped and the model would instead be sold as a combustion engine and plug-in hybrid version. Porsche said the delay was a “response to the ...

Core Insights - The federal EV tax credit is set to expire on September 30, 2025, prompting consumers to act quickly to purchase electric vehicles (EVs) before the deadline [1][2] - Awareness of the tax credit is high among consumers, with 70% of EV shoppers aware of it, and 78% indicating it significantly influences their decision to go electric [2] - Demand for new EVs on Cars.com has increased by 33% year over year, while demand for used EVs has risen by 22% year over year [2] Market Trends - New EV inventory grew by 1.4% year over year in August, while average new EV prices increased by 4.1% year over year due to the introduction of more premium models [5] - The used EV inventory surged by 38% year over year, with vehicles selling faster, averaging just 46 days on the lot compared to 66 days a year ago [5] - Tesla's average used EV prices fell by 16.2% year over year, contributing to an overall decline of 3.8% in average used EV prices [5] Consumer Behavior - Nearly half (47%) of potential EV buyers indicated that the elimination of the tax credit may accelerate their purchase timeline, reflecting a sense of urgency in the market [2] - Cars.com has identified top EV picks for 2026, highlighting models such as the Hyundai Ioniq 6, Ioniq 5, Kia EV9, and Chevrolet Equinox EV, which cater to various buyer preferences [3][4][8] Company Overview - Cars.com is the leading automotive marketplace, attracting nearly 26 million in-market consumers each month, providing data and resources to facilitate informed buying decisions [6]

lMG：13,795 辆，增长 36.6% lGWM：8,802 辆，增长 96.1% lCHANGAN：6,601 辆，增长 21.1% 多家车企预计，2026年泰国 EV 市场总销量将达到 100,000 辆，高于去年的约 70,000 辆，增长动力主要 来自新车型发布及参与 EV3.0 政策的厂商加速生产。 数据显示，过去七个月，中国品牌 EV 销量全面增长： lBYD：27,052 辆，增长 55.3% 据泰媒报道，根据最新数据显示，2025年1-7月，泰国汽车市场总销量为 351,796 辆，同比下降 1%，其 中电动车（EV）销量达到 66,000 辆，同比增长 50%。 ...

Group 1 - Ford Motor Co. has cut 1,000 workers in Germany due to slow electric vehicle (EV) sales [1]

Core Points - The "One Big Beautiful Bill" Act (OBBBA) signed by President Trump on July 4 sets the spending and tax policies for his second term, extending many tax rates from the 2017 tax bill and implementing spending cuts [1] - A significant aspect of the OBBBA is the 12% reduction in Medicaid spending and the elimination of the electric vehicle (EV) tax credit by September 2025 [2] - The EV tax credit, originally part of the Inflation Reduction Act (IRA) of 2022, provided a $7,500 tax credit for qualifying new EV purchases, which will be terminated by the OBBBA [3] - A loophole in the OBBBA allows EV buyers to claim the tax credit if they have a binding purchase contract and payment made by September 30, 2025, even if the vehicle is delivered later [4][5] - This loophole provides flexibility for buyers to secure the $7,500 EV tax credit by signing a contract and making a payment before the deadline [6]

Group 1 - Tesla shareholders have experienced significant volatility in stock returns, with a decline of over 21% in 2025 due to various factors including Elon Musk's political activities and concerns about the EV business [2][7] - Early investors in Tesla saw substantial rewards, with a 1,900% increase in their investments over the past decade, while those who invested in the last three years have seen minimal growth, with a $10,000 investment growing to about $10,880 [5][7] - Despite current struggles, there remains a belief among Tesla supporters that the company has considerable growth potential, indicating that it may be premature to dismiss the stock entirely [8]

Industry Overview - The electric vehicle (EV) market is projected to grow significantly, with sales expected to increase by 25% in 2025, reaching over 20 million units globally, driven by falling battery prices and increased affordability [2] - China is anticipated to dominate the EV market, accounting for nearly two-thirds of global sales, followed by Europe and the United States [2] - The autonomous vehicle (AV) market is valued at approximately $1.9 trillion in 2023 and is expected to grow to over $13.6 trillion by 2030, reflecting a compound annual growth rate (CAGR) of 32% [4] Company Highlights QuantumScape - QuantumScape aims to revolutionize EV batteries with solid-state lithium-metal technology, focusing on energy density, charging speed, and safety [6] - The company has secured a partnership with Volkswagen, which will provide up to $131 million in milestone-based payments to accelerate battery development [7] - QuantumScape's new Cobra separator process is 25 times faster and more cost-efficient than its predecessor, enhancing its competitive edge in solid-state battery production [9] Lucid Motors - Lucid is expanding its product line beyond the luxury Air sedan to include the Gravity SUV, targeting a larger market [12] - The company has established a multi-year deal with Graphite One to secure U.S.-sourced natural graphite, enhancing its supply chain resilience [12] - Lucid vehicles will now be compatible with Tesla's Supercharger network, significantly increasing charging convenience for customers [13] XPeng - XPeng is rapidly scaling in China's EV market, delivering over 190,000 vehicles in 2024, a 34% year-over-year increase, and achieving a staggering 331% growth in Q1 2025 [19] - The company is focusing on intelligence-driven vehicles, with models like the G7 featuring advanced AI technology for improved self-driving capabilities [18] - XPeng is also innovating with AI-powered systems and exploring futuristic concepts such as flying cars and humanoid robots, positioning itself as a leader in the EV sector [20]

Core Viewpoint - Lucid Group announced a 1-for-10 reverse stock split amid significant stock price declines, which is typically viewed negatively by investors, but the company also revealed a major partnership with Uber that positively impacted its stock price [2][5][6]. Group 1: Reverse Stock Split - Lucid's proposed reverse stock split will consolidate every 10 shares into one, raising the share price from $3 to $30 while maintaining the same market capitalization [5]. - The reverse stock split is intended to help Lucid comply with Nasdaq's minimum share price requirements and may enhance its appeal to investors [6]. Group 2: Partnership with Uber - Lucid announced a partnership with Uber and Nuro to supply 20,000 vehicles equipped with autonomous driving technology for an autonomous robotaxi program over six years [7][8]. - Uber's investment in Lucid, described as "multi-hundred-million dollar investments," aims to bolster Lucid's financial position and counter competition from companies like Waymo and Tesla [8]. Group 3: Financial Performance and Challenges - Despite the partnership, Lucid faces ongoing challenges, including significant net and cash losses, and has delivered only 3,109 units in Q1 2025, generating $235 million in revenue but incurring a $366 million net loss [12]. - The 20,000 vehicle deal may not be sufficient to resolve Lucid's volume issues, as it translates to approximately 3,333 vehicles annually [11]. - Investors are advised to remain cautious until Lucid can increase its sales volume to a sustainable level without needing further fundraising [13].