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The Latest Breaking News from electric vehicle

At $24,950, The Slate Truck Will Test What America Really Wants

The Slate will be both the country’s cheapest new electric vehicle and its lowest-priced pickup. But will it be an automatic slam dunk?

InsideEVs

Lucid to Lay Off About 18% of U.S. Workforce as COO Exits EV Company

Electric vehicle manufacturer Lucid Group announced Monday that it will cut roughly 18% of its U.S. workforce as part of a broader restructuring effort aimed at reducing costs and improving profitability.

International Business Times

High oil prices drive a surge in Chinese electric vehicle sales, but charging networks lag behind

The war in Iran has helped reshape the global electric vehicle market, giving Chinese automakers an opening across the developing world as fuel prices surge

The Independent UK

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Chinese EV brands signal Southeast Asia expansion at Hong Kong auto expo

China's electric vehicle makers are using Hong Kong's annual auto expo this week to signal their ambitions in the Southeast Asian market, with some brands rolling out right-hand drive models for the region's roads.

Bangkok Post

Maruti Suzuki, M&M & Tata Motors eye UK fast lane under trade pact

Indian carmakers are set to boost their electric vehicle exports to the UK following a new trade agreement. This pact allows duty-free shipments of locally manufactured EVs under a phased quota system, starting from the sixth year.

The Economic Times

Elon Musk's business empire: The companies behind the world's richest man

From a video game sold for $500 (€430) as a teenager to a business empire spanning rockets, electric vehicles, AI and brain implants, Elon Musk has spent decades building companies that have reshaped multiple industries. Here's a look at the businesses behind the world's richest man.

Euronews

AI’s Power Problem Is Turning Nuclear Stocks Into a Bigger Market Story

Artificial intelligence data centers and electric vehicles are driving a structural shift toward nuclearizing the power grid to guarantee baseload energy.

MarketBeat

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Four reasons electric vehicle targets shouldn’t be weakened

The UK government is preparing to water down its electric vehicle sales targets. Under the existing zero emission vehicles (ZEV) mandate, 80% of all new cars sold in Britain needed to be electric vehicles (EVs) by 2030.

The Conversation

Why Tata Motors' Record Sales Couldn't Stop This Problem

At first glance, Tata Motors appears to be celebrating one of its strongest years ever. Record car sales, booming electric vehicle demand, and a growing market share paint the picture of a company firing on all cylinders. But beneath these impressive numbers lies a very different story. While Tata's domestic…

MyLifeXP

Who Fires the Sales Team During a Major Launch? Shock Rivian Layoffs Hit Hundreds as New R2 SUV Takes the Road

Rivian has laid off hundreds of employees shortly after launching its R2 SUV, aiming to cut costs and improve profitability amidst ongoing financial challenges.

International Business Times UK

The EV Charger Tax Credit Ends June 30, 2026: 6 Rules Homeowners Should Check Before Installing One

Electric vehicle charging keeps reshaping how homeowners power their daily routines, but a major financial perk is heading toward a deadline. The federal EV charger tax credit ends on June 30, 2026, and that date changes how homeowners plan upgrades. Installing the wrong equipment or missing a requirement can wipe…

Clever Dude

Rivian Cuts Hundreds of Jobs as EV Maker Pushes Ahead With R2 Launch

Electric vehicle manufacturer Rivian is laying off hundreds of employees as the company intensifies its push toward profitability and ramps up production of its highly anticipated R2 sport utility vehicle.

International Business Times

Tesla opens first Telangana experience centre, brings 2026 Model Y range to Hyderabad

Tesla has opened its fifth Experience Centre in India, located in Hyderabad. This new facility showcases the 2026 Model Y Premium Rear-Wheel Drive and the Model Y L. Customers can explore these electric vehicles from June 17. Tesla is also offering delivery and after-sales services from its Bollaram facility to…

The Economic Times

Save on gas with these five Edmunds-recommended used plug-in hybrid vehicles

Plug-in hybrids may come in all shapes and sizes, but they all have one thing in common: They're a great way to dip your toes into the electric vehicle pool without completely giving up the convenience of gasoline

AAP

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Bangkok Post

BYD denies its EV caused house fire

Rever Automotive, the distributor of BYD cars in Thailand, said on Wednesday that a house fire did not result from its electric vehicle but from external factors including a charging system at the house.

Bangkok Post

EV catches fire while charging, house in flames

An electric vehicle caught fire while being charged and flames expanded to the owner’s house on Tuesday morning in Muang district of Khon Kaen.

Bangkok Post

EV catches fire while charging, house in flames

KHON KAEN - An electric vehicle caught fire while being charged and flames expanded to the owner’s house on Tuesday morning in Muang district of this northeastern province.

The Guardian - UK

Backlash against ‘short-termist’ UK plans to weaken EV sales targets

Charging industry and electric vehicle manufacturers say measure could cost jobs and harm UK automotive sector

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Bangkok Post

Warning over risk to Thai EVs when subsidies end

The Federation of Thai Industries (FTI) is concerned that the expiration of the government's electric vehicle (EV) incentive programme in 2027 could leave Thailand vulnerable to a surge of Chinese EV imports and weaken local automotive supply chains.

The Canberra Times

Is your car on the ACT's hit list for higher taxes?

Chris Steel says it will be 'a little bit more'. I disagree.

International Business Times

China Sees Red As US Tags BYD, Baidu And Alibaba In 'Military List'

The Pentagon had added several non-state-backed Chinese companies, including electric vehicle maker BYD, and technology firms Alibaba and Baidu to its military list, aimed at identifying companies which the US administration views as having links to the Chinese military.

MyLifeXP

6 Mahindra Cars Families Will Love in 2026

Every family road trip begins with excitement. But somewhere between cramped seats, luggage struggles, and tired passengers, that excitement can quickly fade. That's why choosing the right vehicle matters more than most people realize. In 2026, Mahindra offers a lineup that goes beyond simply getting from one place to another.…

Euronews

Can African small businesses benefit from China's zero-tariff policy? {Business Africa}

Can small-scale local farmers in Zambia overcome strict quality and credit barriers to leverage China's new zero-tariff policy? Meanwhile, as fuel costs climb, Nigerian consumers turn to electric vehicles despite persistent power supply challenges.

The Economic Times

Reliance, Vedanta, Adani join India's drive to cut China rare earth dependence, sources say

Indian conglomerates Reliance, Vedanta, and Adani are among ten companies expressing interest in developing rare-earth processing facilities in Andhra Pradesh. This move aligns with New Delhi's strategy to reduce reliance on China for these critical minerals, essential for electric vehicle motors and other high-tech applications.

The Economic Times

EV push to absorb over Rs 24,000 cr of automakers' capex in two years as electric car adoption accelerates: Crisil

Indian passenger vehicle makers are expected to invest over Rs 24,000 crore in electric vehicles out of a planned Rs 60,000 crore capex across FY27 and FY28, according to CRISIL Ratings. The investment will focus on expanding EV portfolios, localising supply chains and boosting production capacity.

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