Author: News Room

Summary Baird analyst Ben Kallo continues bullish sentiment on Tesla shares with upcoming potential catalysts Price target raised to $480 from $280 and recommendation to buy particularly on pullbacks Several potential catalysts mentioned by Kallo including new vehicle introductions, decrease in production costs, expansion into new markets, growth in energy…

Summary Lucid is seeking established automakers to partner with to help ramp up production and achieve its goal of selling 1 million vehicles annually The company is already in talks with two automakers, including Aston Martin, to provide its EV tech and expertise Lucid’s in-house developed electric motors and 900-volt…

Summary Updated 2025 Rivian R1S is safest large SUV on American roads receiving Top Safety Pick+ rating Previous model had Top Safety Pick award, which is second-best 2025 R1S received Good ratings in all subcategories except headlights, rated Acceptable Changes to front body structure and rear seats improved frontal crash…

Summary U.S. Supreme Court declined to hear challenge to California’s emissions authority Oil and gas companies challenge to California’s Clean Air Act waiver denied Heritage Foundation’s Project 2025 aims to reduce California waiver coverage Automakers previously sided with California on emissions authority Second Trump Administration may target clean-energy and EV-focused…

Summary iCar, a sub-brand of Chery, launched its second vehicle, a small electric SUV resembling a toyish version of the Land Rover Defender The starting price of the iCar V23 ranges from RMB 99,800 to RMB 139,800, targeting young people looking for a stylish and tech-savvy EV The V23 is…

Summary BYD is strategically targeting European markets by sponsoring football tournaments The company is the first NEV brand to partner consecutively with both the UEFA EURO and U21 EURO tournaments BYD plans to promote its EVs in Europe through partnerships with football events BYD entered the Estonian market with four…

Summary Waymo has had a successful year, expanding and showing growth in rides provided to customers Waymo is venturing into Japan for the first time, partnering with local taxi firms The company will adapt its technology to left-hand traffic and densely populated urban environments in Tokyo The move into Japan…

Summary ZF opens its third plant in Shenyang, China to produce electric axle drives for EVs Production lines and equipment are being transferred to the Shenyang plant Electric axle drives are based on ZF’s modular kit electric drive platform ZF is focusing on reaching volume production in 2025 ZF is…