China's BYD has become the seventh-largest automaker globally, surpassing Japanese heavyweights Honda Motor and Nissan Motor in global car sales. This feat highlights the importance of Chinese automakers on the international scene as a significant shift in the global automotive environment. Impressive Growth in Q2 2024 Between April and June 2024, BYD's vehicle sales…

In July, German luxury automaker BMW achieved notable growth in Europe’s electric vehicle (EV) market. BMW’s electric vehicle sales surged by 35% year-over-year, according to data from Jato Dynamics. This growth stands in sharp contrast to Tesla’s performance, which saw a 16% decline in EV sales over the same period. Dataforce, another data provider, reported…

Honda’s CEO has underscored the difficulties in altering consumer attitudes toward electric vehicles (EVs). Despite substantial investments in EV technology and infrastructure, the CEO acknowledges that convincing consumers to embrace electric cars is a complex and gradual process. Significant Investments in EV Technology Honda is making notable strides in the EV sector, investing heavily…

The electric vehicle revolution is in overdrive, and Tesla is leading the charge, not just in new car sales but also in the pre-owned market. Carvana's Q2 2024 trade-in data paints a vivid picture of this electrifying trend: Tesla models are flying off used car lots, signaling a massive shift towards sustainable mobility and cutting-edge…

Norway has broken its own electric vehicle (EV) market share record with an incredible 94.3% in July 2024, marking a turning point in sustainable mobility. This extraordinary result strengthens Norway's position as the global leader in EV adoption, setting a new standard for the rest of the globe to follow. Almost all new car sales…

The fate of Elon Musk's controversial $56 billion Tesla pay package hangs in the balance as a legal battle unfolds in Delaware. Shareholders and a judge are locked in a high-stakes showdown over the massive award. They raise questions about the power of shareholder votes and the boundaries of legal precedent in corporate governance. This…

Tesla's recently released Q2 2024 vehicle safety report highlights the positive impact of Autopilot technology on driving safety. The report showcases a significant reduction in crashes for Tesla drivers using Autopilot compared to those not utilizing the advanced driver-assist system. Autopilot Significantly Reduces Crash Rates According to the report, Tesla vehicles with Autopilot engaged experienced…

Ford Motor Company has issued a significant recall affecting multiple 2023 and 2024 models due to a defect in the windshield wiper motor. This issue impacts a total of 37,371 vehicles, including the 2023 Ford Mustang Mach-E, 2023-2024 Ford Maverick, and 2023 Ford Bronco Sport. The recall highlights potential safety concerns that could impair visibility…

Mercedes-Benz has been under fire for what many South Koreans claim was a poor reaction to a big fire started by one of their EVs. The event, which occurred in Incheon, South Korea, has caused chaos and brought into question the automaker's resolve to deal with the fallout from the catastrophe. The Incident: EV Fire…

Rivian has put a temporary hold on the production of its Electric Delivery Vans (EDVs) for Amazon due to an undisclosed parts shortage. According to a Rivian spokesperson last week, this pause has caused some concern but is expected to be resolved soon. This temporary pause comes at a crucial time for Rivian as the…