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The refreshed, U.S.-made Ioniq 5 is eligible for a $3,750 tax credit when purchasing. It also gets a bigger battery and more range.

Canada has secured more than $50 billion in EV-related investment over the past three years, all gearing up for US demand, with Canada’s economy “deeply intertwined” with the US – but Trump may throw a major wrench into the plan. more…

China has requested for WTO (World Trade Organization) dispute consultations with the European Union (EU) over its import tariffs on battery electric vehicles. The request was brought to WTO members on November 6, 2024.  China claims the EU’s EV import tariffs violate provisions in the WTO’s Subsidies and Countervailing Measures Read more

Zhejiang Huayou Cobalt Co. is scouting out banks seeking around $2.7 billion in financing for a Ford-baked nickel plant project in Indonesia.  Huayou, Ford, and Indonesian miner PT Vale collaborated to make battery-grade nickel for electric vehicles. China-based Huayou is working with HSBC Holdings Plc and Standard Chartered Plc to Read more

In a significant legal victory for Elon Musk and Tesla, a U.S. appeals court upheld a jury’s decision that cleared them of liability over the CEO’s infamous 2018 “funding secured” tweet. Musk’s tweet resulted in substantial volatility for TSLA stock, and it ultimately resulted in the CEO and Tesla paying Read more

Tesla CEO Elon Musk recently received some encouraging words from Italian Prime Minister Giorgia Meloni. In a post on her account on X, Meloni noted that Musk would be a notable resource for the United States.  “In the past few hours, I have heard from my friend Elon Musk. I Read more

Tesla Gigafactory Mexico and its future are absolutely in limbo now that President-Elect Donald Trump defeated Kamala Harris in the Presidential Election. However, the country’s economy chief, Marcelo Ebrard, is still hopeful he can strike a deal with CEO Elon Musk, whom he plans to meet with soon. Ebrard spoke Read more

Tesla China recently received an apology from prolific car blogger and influencer Chen Zhengang over a controversial braking test from 2021. As per the car blogger, his video misrepresented the Tesla Model 3’s automatic emergency braking performance.  The car blogger, who has millions of followers online, produced videos in 2021 Read more

Analysts from Bank of America have raised their price target for Tesla stock (NASDAQ:TSLA) by 32% following the election of GOP candidate Donald Trump as the United States’ 47th president. Bank of America analysts adjusted their price target for Tesla shares from $265 to $350 per share. The firm also Read more

Lucid Motors has gone live with the configurator of its latest vehicle, the Gravity SUV. As can be seen on the vehicle’s order page, the Lucid Gravity is currently only available in its Grand Touring trim. The all-electric luxury SUV also starts at $94,900 and tops out at about $126,500 Read more