18+ min ago (664+ words) For years, major original equipment manufacturers including Ford, GM, and Stellantis have lost billions trying to convince Americans to purchase battery electric vehicles. While progress has been made, recent political developments have the EV industry taking one step forward and two steps back. 2025 (through September): More than 1 million units, 10.5%market share 2024: 1.3 million, 8.1% market share 2023: 1.2 million, 7.8% market share 2022: 800k 5.8%, market share Source: Cox Automotive U.S. EV sales have had a record-setting 2025, capped off by a record-setting third quarter. However, demand was spurred by the expiration of the $7,500 tax credit, which was eliminated by President Donald Trump's signature budgetary legislation. Buyers flocked to dealerships to purchase EVs before the tax credit expired on September 31, leading to a record market share of 10.5%. Despite the good times, Ford lost another $1.4 billion on its Model e EV division in the third quarter. It lost $5.1 billion in 2024after losing…...

8+ hour, 29+ min ago (740+ words) U.S. consumers purchased 90 different EV models in the third quarter, but only nine sold more than 10,000 units. Tesla'Model Y and Model 3 were top sellers, moving more than 114,000 and 53,000 vehicles, respectively, and the Chevy Equinox sold just under 25,000. 2025 (through September): over 1 million units, 10.5%'market share 2024: 1.3 million, 8.1% market share 2023: 1.2 million, 7.8% market share 2022: 800k 5.8%, market share Source: Cox Automotive But those three models were outliers. "The vast majority of EVs sell at a rate of far less than 2,000 units a month, or 6,000 units a quarter. In the volume-driven business of automotive manufacturing, low volume is the enemy; EV profitability remains a distant dream for nearly every automaker," according to Cox Automotive. U.S. electric vehicle sales have taken off'in 2025 as car buyers flocked to dealers to take advantage of the $7,500 tax credit before it expired at the end of September. But the U.S. is not just abandoning the…...

19+ hour ago (778+ words) If you think going electric automatically means saving money, you're not alone, but the real numbers might surprise you. Between fluctuating utility rates, rising gas prices and regional Supercharger fees, the monthly cost gap between driving a Tesla and an Audi Q5 isn't always as wide as people assume. Still, when you break it down with today's national averages, one powertrain comes out clearly ahead. Learn More: Here's What It Costs To Charge a Tesla Monthly vs. Using Gas for a Nissan Altima Try This: 6 Safe Accounts Proven To Grow Your Money Up To 13x Faster Recent data from Kelley Blue Book and the U.S. Energy Information Administration shows that U.S. electricity costs hit an average of 18.1 cents per kilowatt-hour, while gas prices hovered near $3.47 per gallon. Using those benchmarks, here's what a Tesla's monthly electric bill really looks like next to an Audi…...

20+ hour, 52+ min ago (975+ words) On the surface, Tesla's $1.35 trillion valuation seems wildly out of whack. As of mid-September, Tesla's price-to-earnings ratio was between 200 and 209, while its forward'P/E ratio'was around 140 to 180. For comparison, the average price-to-earnings ratio for the Magnificent 7 stocks " a group of blue-chip tech stocks that includes Alphabet, Meta, Microsoft, Amazon, and others " is approximately 35. Tesla derives approximately 90% of its revenue and 94% of its gross margin from auto sales, yet the company sells fewer than 2 million vehicles per year. But those important auto sales are starting to falter after years of strong growth. Through three quarters, Tesla has sold 1.2 million vehicles, its slowest pace since 2022. Tesla is in danger of suffering a second consecutive year of falling auto sales, ending a decade-long run in which the EV maker's sales rose from 76k in 2016 to over 1.8 million in 2023. "In general, we'd say that the…...

2+ day, 6+ hour ago (225+ words) Japan's Toyota Motor Corporation reported a 3% year-on-year rise in global sales to 1,003,631 vehicles in October 2025, including its Daihatsu and Hino subsidiaries, with sales in Japan and overseas both rising by 3% to 200,045 and 803,586 units respectively. Toyota and Lexus reported a 12.5% rise in global sales of electrified vehicles to 4,131,758 units in the first ten months of the year, accounting for 47% of total sales. Sales of battery electric vehicles (BEVs) rose by over 30% to 154,512 units, almost all of which were sold overseas, while global sales of hybrid electric vehicles (HEVs) rose by 9.5% to 3,675,577 units. Daihatsu's global sales increased by 29% to 564,562 units year-to-date, with sales in Japan rebounding by 54% to 451,309 units following last year's production stoppages, while overseas sales fell by 21% to 113,253 units " mainly reflecting weak demand in Indonesia. The group's commercial vehicle unit, Hino Motors, reported a 10% decline in global sales to 92,401 units,…...

2+ day, 10+ hour ago (162+ words) Bosch last closed at "36,316.45 down 0.5%. In other trading, Guangzhou Automobile Group was a notable mover up 10% and finishing the session at CN9.25. At the same time, LG Energy Solution trailed, down 6.8% to finish the session at "408,000. To deepen your understanding, explore our Market Insights article on the strategic importance of rare earths in the electric vehicle supply chain. Act now! QuantumScape settled at $12.08 up 1.9%. Tesla settled at $426.58 up 1.7%. Two days ago, Perrone Robotics filed lawsuits against Tesla and others for alleged patent infringement related to automated vehicle technologies. Seeking Other Investments? The latest GPUs need a type of rare earth metal called Terbium and there are only 35 companies in the world exploring or producing it. Find the list for free. "United States Electric Vehicle Aftermarket Market Forecasts 2025-2033 by Replacement Parts, Vehicle Type, Distribution Channel, States and Company Analysis" from Research and…...

2+ day, 11+ hour ago (325+ words) Commercial vehicle manufacturing endured an even steeper decline, tumbling 74.9% to just 3,106 units, its seventh consecutive monthly drop. The SMMT attributed the collapse primarily to a major manufacturer consolidating its operations in the North West, a move that has temporarily depressed national volumes. Despite the grim headline figures, one bright spot was the continued rise of electrified vehicle production. Nearly half of all cars built in October, 46.2%, were battery-electric, plug-in hybrid or hybrid models. Electrified output rose 10.4% to 27,287 units, underscoring the UK industry's pivot toward EV manufacturing even as domestic demand remains under pressure. However, industry leaders warned that new tax measures could weaken the UK's appeal just as policymakers are trying to attract major EV investment. The government confirmed plans for a new pay-per-mile electric vehicle tax (eVED), a move that could suppress EV demand at the very moment automakers…...

2+ day, 21+ hour ago (140+ words) Welling Auto Parts has launched production at its new Monterrey facility. The first thermal management product has rolled off the line, marking the establishment of a local manufacturing and service hub for North American and global new energy vehicle customers. Built in just seven months (from April to November 2025), the new facility further advances Welling Auto Parts' overseas expansion strategy. Welling Auto Parts' First Product Rolls Off the Line at Mexico Facility MONTERREY, Mexico, Nov. 28, 2025 /PRNewswire/ -- Welling Auto Parts has launched production at its new Monterrey facility. The first thermal management product has rolled off the line, marking the establishment of a local manufacturing and service hub for North American and global new energy vehicle customers. Built in just seven months (from April to November 2025), the new facility further advances Welling Auto Parts' overseas expansion strategy....

3+ day, 14+ hour ago (372+ words) Beyless, a leading mobility software technology company, announced on November 14 that it has obtained ASPICE Level 2 (CL2) certification, an international automotive software quality assessment standard. Oops, something went wrong Beyless Achieves ASPICE CL2 Certification for In-Vehicle System Software Quality SEOUL, South Korea, Nov. 26, 2025 /PRNewswire/ -- Beyless, a leading mobility software technology company, announced on November 14 that it has obtained ASPICE Level 2 (CL2) certification, an international automotive software quality assessment standard. This achievement is particularly meaningful as it demonstrates that the company has secured objective quality reliability by adopting international-standard software development processes from the early development stages, even in an environment that requires rigorous evaluation and verification. In particular, fully covering the design, evaluation, and validation domains within the V-cycle ranging from CL2 SYS 15 to SWE 16 is the first domestic case in Korea. ASPICE CL2 is an international certification that validates the systematic and consistent execution…...

3+ day, 15+ hour ago (430+ words) For much of its history, consumers strongly associated Volkswagen with "German engineering," a concise marketing phrase that linked the brand with quality and precision manufacturing. As the market rapidly evolves with electric vehicles in pole position, Germany's biggest automaker is stepping away from that aspect of its brand identity and embracing Chinese innovation, according to the Financial Times. On Nov. 25, Volkswagen's Chief Technology Officer, Thomas Ulbrich, spoke to reporters about the automaker's near-future plans. Ulbrich disclosed that VW "could, for the first time, develop cars outside Germany," the outlet reported. China is the world's largest automotive market, accounting for almost 30% of global sales " and according to the International Energy Agency, it's the undisputed champion of EV adoption. Consequently, Volkswagen believes that developing and manufacturing new EVs in China can cut costs in half, due in large part to supply chain…...