Tesla is facing a sharp decline in sales in Europe, with a drop of nearly 50% last month, according to data from the ACEA.
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Volvo announces cutting 3,000 jobs after a drop in demand for electric vehicles
The Volvo company has announced a layoff plan that will affect about three thousand employees, mainly in Sweden, but also in other regions where the company operates.
Read MoreBYD surpasses Tesla for the first time in Europe with a surge in electric vehicle sales
The European electric vehicle market is undergoing a significant shift, marked by the rise of Chinese company BYD and a decline in sales for Tesla.
Read MoreNissan unveils new electric Micra with exclusive design and range of up to 405 km
The new Nissan Micra has been revealed as an electric version based on the Renault 5, marking the sixth generation of the model.
Read MoreFord suspends 2025 profit forecast after tariffs imposed by President Trump
Ford has suspended its annual profit forecast due to uncertainty caused by tariffs imposed by President Donald Trump, which are expected to have a total impact of up to $2.5 billion on the automaker’s costs in 2025.
Read MoreSlate’s electric pickup will have an online configurator with a wide range of customization options
Slate Auto has launched a simple and affordable electric pickup, available in three body styles.
Read MoreStellantis validates solid-state battery that charges 90% in 18 minutes, plans 2026 debut
Stellantis has announced the validation of its new solid-state battery cells for electric vehicles, developed in partnership with U.S.-based Factorial Energy.
Read MoreTelo MT1: small and powerful electric truck that could transform the automotive industry
The Telo MT1 is a compact electric truck, about the size of a Mini Cooper SE, with a battery larger than that of many vehicles, offering up to 560 km (350 miles) of range.
Read MoreKia Doubles Access to Fast Chargers with Integration to Tesla Network in the U.S.
Kia’s electric vehicles now have access to Tesla’s Supercharger network in the United States, including the EV6, EV9, and Niro EV models.
Read MoreUsed Tesla prices plummet, reinforcing the brand’s depreciation trend
The prices of used Tesla cars have dropped significantly over the past year, with the Model S seeing an average reduction of 17.2%, equivalent to nearly $10,000.
Read MoreThe European Union and China negotiate the end of tariffs on electric vehicles amid competition for the automotive market
The European Union and China are in negotiations to remove tariffs on Chinese electric vehicles imposed in 2024.
Read MoreTesla loses sales in the “electric car paradise” and faces fierce competition
Tesla has experienced a significant drop in sales even in Norway, one of the most EV-friendly countries, where electric models account for over 90% of new car sales.
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