VinFast’s (VFS) deliveries surged last year, nearly tripling from 2023. Although VinFast delivered almost 100,000 EVs in 2024, nearly 90% were in its home market.
VinFast delivered 97,399 EVs in 2024, over 50K in Q4
VinFast announced on Thursday that it delivered 97,399 EVs in total last year, up an impressive 192% from the roughly 35,000 sold in 2023.
The growth was enough to top its revised…
Porsche plans to cut 1,900 jobs in Germany by 2029 as it struggles with slumping EV sales. The luxury sports car maker has already warned of lower profits this year. With plans to reduce its workforce, is Porsche sounding the alarm?
Porsche to cut jobs in Germany as EV sales…
Tesla is being targeted by protests organized at its stores around the globe. The demonstrations planned for this Saturday appear to be a grassroots movement without a clear goal or leadership.
The protestors are calling it the “Tesla Takeover”.
The movement appears to…
Kia teases revealing EV2, EV4 images for the first time ahead of their big debut this month
February 17, 2025
It’s official. We will finally get to see the new Kia EV2 and EV4 later this month for the first time. Kia just previewed several new models from its affordable EV series for the first time ahead of their big debut later this month. The teaser gives us a closer look at what to expect from the new Kia EV2 and EV4. Check out the images below.
Kia previews first look at the new EV4, EV2, and…
Ford CEO warns Trump tariffs will 'blow a hole' in the US auto industry like we've never seen
February 13, 2025
As automakers brace for new tariffs on imports from Mexico and Canada, Ford’s CEO Jim Farley is warning the extra costs would be “devastating.” Farley said the additional tariffs, which could go into effect as soon as March 1, would be a “blow a hole” in the US…
Lucid (LCID) CEO predicts 'exponential' growth, and it's not just from selling luxury EVs
February 13, 2025
Can Lucid (LCID) make 1 million EVs a year? CEO Peter Rawlinson said this is his vision, and Lucid has ambitious plans to achieve it. After launching its first electric SUV, the Gravity, Lucid will enter the mass market with its midsize platform starting at around $50,000.
Tesla starts production at Megafactory in Shanghai
February 13, 2025
Tesla has started production at its new Megafactory in Shanghai, its second such factory, and it is starting to ship to its first customer.
Energy storage has been Tesla’s silver lining over the last few quarters.
While its main business, the automotive business, has been shrinking in both revenue and margins, its energy storage business has been growing at an impressive pace.
That’s mainly…
It’s a tale as old as time. A man takes a ride on an electric motorcycle and thinks to himself, “This is great, but you know what it’s missing? The ability to morph into an electric snowmobile, too.”
Ok, perhaps it’s not the most common thought among us. But that…
Lease deals get all the hype, but most people still want to own the car after they’re done making all those payments on it. If that sounds like you, and you’ve been waiting for the interest rates on auto loans to drop, you’re in luck: there are a bunch of great plug-in…
Rumors leaked last week, and now it’s official: the Rivian Commercial Van is now available to order for fleets of any size, even down to a single van – but still only for businesses, not individuals.
Rivian first announced it would make electric delivery vans in 2019, as part of a partnership with Amazon, who ordered 100,000 of the vehicles. The company has delivered around 20,000 of the vans…
