Ferrari has postponed the launch of its second fully electric vehicle (EV) from 2026 to at least 2028, signalling a strategic recalibration in response to weak customer demand. The decision reflects both current market dynamics...

Renault CEO Luca de Meo will step down on July 15, 2025, ending a five-year tenure that leaves behind unresolved questions about the automaker’s long-term direction and its uneasy alliance with Nissan. De Meo’s tenure...

Polestar’s decision to expand in France, despite broader market headwinds, reveals a strategic pivot from global ambition to targeted profitability. With expansion into the U.S. and China proving less fruitful, Polestar is leaning into Europe,...

Volkswagen Group CEO Oliver Blume confirmed that the company is engaged in “fair” and “constructive” talks with the U.S. government regarding import tariffs. In an interview with Sueddeutsche Zeitung, Blume said discussions, primarily with U.S....

Volvo Cars announced it will cut 3,000 mostly white-collar jobs as part of a major restructuring to combat high costs, declining EV demand, and trade uncertainties. The move follows a plan unveiled in April by...

In a significant shift, BYD overtook Tesla in European electric vehicle (EV) sales for the first time, registering 7,231 battery EVs in April compared to Tesla’s 7,165, according toindustry analysts. This milestone highlights BYD’s rapid...