Nio shares sputter as competition squeezes Chinese EV sales
Chinese EV maker is trading down more than 8% on Monday afternoon as intense competition squeezes the country’s electrified vehicle market. On Friday, Nio reported that it sold 21,017 vehicles in Jul...
Tesla sales mostly keep falling in Europe
July registration numbers are out for a number of European countries, and for the most part it seems the EV company’s third quarter is off to a bad start. Sales fell in Sweden, Denmark, the Netherland...
You thought electric cars were having a tough time? Harley-Davidson’s electric bike brand is getting crushed
When decided to spin off its electric bikes division in 2021, the iconic motorbike maker had high hopes about the new LiveWire business, looking to sell some 101,000 units by 2026 . But despite the l...
Ford slips as tariffs take an $800 million bite out of its earnings
Despite being more shielded from tariffs than many of its rivals, with 82% of its North American vehicles built in the US, says levies have cost it $800 million so far this year. The Detroit automake...
Stellantis falls after projecting a $1.7 billion tariff hit this year
Jeep maker reported its second-quarter earnings on Tuesday, and things look as bad as the automaker said they would when it reported preliminary results earlier this month. The company said it antici...
ChargePoint plunges despite staving off NYSE delisting
plunged roughly 20% Monday after the EV charging company announced a 20-for-1 reverse stock split in an effort to stave off delisting from the New York Stock Exchange. (The average price of the shares...
Rivian, Nio climb amid increased investment from Swiss bank and growing robotaxi hype
EV makers and are climbing Friday amid news that Swiss bank Vontobel significantly boosted its stake in them this quarter. The stocks’ sails also appear to be catching wind from growing robotaxi hyp...
Tesla Q2 sales fall 12%; company says 2025 vehicle launches remain on track and more affordable model still coming
posted second-quarter earnings in line with analysts’ expectations despite a year-on-year drop in sales, and the company said its plans for new models this year and a more affordable model next year r...
Toyota, Honda, and other Japanese automakers rally as trade deal slashes their US tariff rate to 15%
Investors are pouring into Japanese auto stocks following Japan’s fresh trade deal with the US, which slashes levies on Japanese auto imports to 15% from 27.5%. Shares of , , and all soared by double...
Ford, GM, and Stellantis hate the Japan trade deal that the White House calls a “historic win for American automakers”
The White House is calling its trade deal with Japan “a historic win for American automakers.” American automakers would beg to differ. A trade group representing , , and criticized the agreement, wh...
Lucid climbs 9% as owners gain access to Tesla’s charging network, even though most will need a pricey adapter
Luxury electric vehicle maker is trading up almost 7% on Tuesday afternoon after the company announced that owners of its Air sedan will have access to vast charging network by the end of the month....
GM falls as automaker reminds investors of $5 billion hit from tariffs
Back in May, said it was expecting a tariff hit of up to $5 billion this year. With summer underway and pre-tariff inventories largely cleared out, that hit is starting to come to fruition. The Detro...
Uber’s focus on robotaxis might also accelerate its stalling electrification efforts
Last Thursday, announced a major deal with electric vehicle maker to create a fleet of robotaxis in the US — sending Lucid stock soaring, closing up more than 36% on the day. The deal signals just h...
Tariffs take a $350 million bite out of Jeep maker Stellantis in the first half of the year
The tariff picture for is becoming clearer following the automaker’s preliminary first-half report and, as expected, the levies are not making its already bumpy drive any smoother. The Jeep maker, wh...
With $7,500 tax credit ending soon, Tesla is offering lots of sales
has recently turned up the discounts and incentives, Electrek reports , including offering $7,500 lease incentives, free upgrades, free supercharging for some models, free full self-driving transfers,...
Albemarle soars as Chinese mining giant Zangge orders surprise halt on lithium production
shares surged nearly 8% Thursday, leading the S&P 500, after lithium prices jumped on news that China’s Zangge Mining was forced to halt production . The Charlotte-based chemical manufacturing company...
Lucid soars as it gets big Uber investment to launch US robotaxi service next year
said Thursday that it’s making “multi-hundred-million dollar investments” in both autonomous driving company Nuro and EV company as part of a plan to launch its own robotaxi service in an unnamed “ma...
Ford slips after issuing (another) major recall, this time for nearly 700,000 vehicles
shares were down over 2.5% on Wednesday after the company recalled 694,000 vehicles, according to the National Highway Traffic Safety Administration. The recall affects Bronco Sport models made betwe...
Renault plunges after lowering 2025 profitability guidance
French automaker Renault Group is trading down more than 17% after lowering its fiscal year 2025 profitability guidance. The company now expects an operating margin of 6.5%, down from more than 7% bef...
Tesla moves into India, where BYD has stalled
has expanded to a India, a new market the EV company has been trying to enter for years. The company opened its first showroom on the subcontinent in Mumbai’s financial district, with a second showroo...