Electric vehicle

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Lucid is cutting $1.4bn and betting its survival on robotaxis

Business, Digital Marketing, Electric vehicle, SEO Tips, Technology /

Lucid’s turnaround plan comes down to spending far less and hoping robotaxis pay off. The luxury electric-vehicle maker unveiled a $1.4bn cash-savings programme this week, alongside a second-quarter net loss of $1.26bn. The scale of the loss frames the urgency. Revenue rose to $405m from $259m a year earlier, but the company still burned through […]

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Toyota to roll out next-generation hybrid batteries in 2027 as it targets 5 million hybrid sales

Cars, Digital Marketing, Electric vehicle, SEO Tips, Sustainability, Technology /

Toyota will begin rolling out a new generation of hybrid batteries next year, the automaker said during its quarterly earnings call on Tuesday. The company will convert existing battery production lines in Japan with enough capacity for roughly 600,000 vehicles to build the new packs, which it says will deliver better performance at a lower […]

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The Ferrari EV everyone mocked has quietly sold out

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When Ferrari revealed its first electric car in May, the reaction was brutal enough to knock 6% off the company’s share price. Two months later, the Luce has sold out its entire 2026 allocation, roughly 500 cars, proof that ridicule and demand are not the same thing. Ferrari itself declined to comment, saying it would […]

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Porsche is cutting another 5,000 jobs. Total layoffs now approach 9,400.

Business, Cars, Digital Marketing, Electric vehicle, SEO Tips, Technology /

Porsche will cut another 5,000 jobs by 2035 under a second restructuring package agreed between management and labour representatives. The cuts come on top of 3,900 job reductions and an additional 500 announced by CEO Michael Leiters earlier this year, bringing total planned layoffs close to 9,400. The Volkswagen subsidiary described the reductions as “socially […]

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Porsche is cutting another 5,000 jobs. Total layoffs now approach 9,400. Read More »

Volkswagen wants tariff protection after Chinese brands grab 28% of Europe’s PHEV market

Cars, Digital Marketing, Electric vehicle, Government and policy, SEO Tips, Technology /

Volkswagen CEO Oliver Blume is demanding the European Union impose higher tariffs on Chinese plug-in hybrids after the Tiguan PHEV dropped from Europe’s best-selling plug-in hybrid to fourth place in a single year. The BYD Seal U now leads the segment, followed by the BYD Atto 2 and the Jaecoo 7. All three are Chinese. […]

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New data shows EV batteries are lasting far longer than buyers think, yet US sales keep falling

Cars, Deep tech, Digital Marketing, Electric vehicle, SEO Tips, Technology /

Modern electric vehicles retain an average of 97 percent of their original range after three years and 95 percent after five years, according to a new analysis by EV data company Recurrent. For a 2026 model with a rated range of 325 miles, that means roughly 309 miles would remain after half a decade of […]

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New data shows EV batteries are lasting far longer than buyers think, yet US sales keep falling Read More »

Ford and Geely will build EVs together at Ford’s plant in Spain. Ford owns 66%, Geely 34%.

Cars, China, Digital Marketing, Electric vehicle, SEO Tips, Technology /

Ford and Geely announced a manufacturing joint venture on Thursday that will produce electric vehicles at Ford’s plant in Valencia, Spain. Ford will own 66% of the venture, Geely 34%. Pending regulatory approvals, operations begin in the first half of 2027, with the first new vehicles rolling off the line in 2028. The plant will […]

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Ford and Geely will build EVs together at Ford’s plant in Spain. Ford owns 66%, Geely 34%. Read More »

Tesla sold 25% more cars and made 57% less operating profit. The AI spending is the reason.

Cars, Digital Marketing, Electric vehicle, SEO Tips, Technology, Tesla /

Tesla delivered 480,126 vehicles in the second quarter, its highest-ever quarterly total, and generated record revenue of $28.24 billion, up 26% year-on-year. Operating income fell 57% to $398 million. Adjusted earnings of 33 cents per share missed the 51-cent consensus by a wide margin. Shares fell roughly 4% after hours. The gap between the top […]

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Tesla sold 25% more cars and made 57% less operating profit. The AI spending is the reason. Read More »

Electrified cars power Europe’s car market as Chinese brands hit a record share

Digital Marketing, Electric vehicle, Europe, SEO Tips, Technology /

Battery-electric and hybrid models did almost all the work of keeping the European market in growth, and Chinese badges are increasingly the ones doing the selling. One in five new cars registered in the European Union so far this year was fully electric, and the share held by Chinese-badged models has roughly doubled in the […]

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Europe’s EV market share tops 25 percent for the first time as June registrations surge nearly 40 percent

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Battery-electric registrations across 17 European markets hit 275,060 in June 2026, a jump of nearly 40 percent compared to the same month last year, according to the E-Mobility Europe bulletin published by New AutoMotive. The figure pushed EVs past 25 percent of all new car sales in those markets for the first time. It also […]

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Europe’s EV market share tops 25 percent for the first time as June registrations surge nearly 40 percent Read More »

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