Category: EV Industry
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Apple Isn’t Building a Car Anymore — But This Former Exec Is
Apple’s long-rumored electric car project is officially dead. After over a decade of research, development, and internal reshuffles, the company shut down Project Titan in early 2024. Thousands of employees were either reassigned to AI efforts or quietly let go. It’s a major pivot for a company that once hoped to disrupt transportation as it…
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Elon Musk Quietly Canceled One of Tesla’s Most Hyped Projects
For years, Tesla enthusiasts eagerly anticipated the arrival of a $25,000 electric vehicle, often referred to as the “Model 2.” This affordable EV was envisioned as a game-changer, making electric mobility accessible to the masses. However, recent developments suggest that this dream may no longer be on Tesla’s roadmap. According to a report by Reuters,…
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China’s $9,000 Electric Hatchback Is Selling Faster Than Teslas
In a country known for rapid innovation and tight urban spaces, China’s $9,000 electric hatchback is shaking up the market — and beating Tesla at its own game. BYD’s ultra-affordable Seagull isn’t just a budget-friendly EV — it’s outselling higher-end rivals month after month. With government support, practical features, and aggressive pricing, it’s not hard…
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Rivian’s New Pickup Outsold the Cybertruck Last Month — Here’s Why
In a surprising shift, Rivian’s R1T just outsold the Tesla Cybertruck last month. While Tesla’s truck may dominate headlines, it’s Rivian that quietly pulled ahead in actual deliveries. This wasn’t a fluke—it came down to execution, strategy, and some very real differences in how each company is navigating the electric truck market. Below are the…
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Toyota FT-Me Has No Pedals, No Charger—And It Might Just Be the Future of City Cars
The Toyota FT-Me is shaking things up in a way that’s hard to ignore. This isn’t just another small EV—it’s a totally reimagined approach to city transportation. No charging cables. No pedals. Just a compact, solar-powered two-seater that strips things down to what actually matters for urban driving. Whether you’re weaving through traffic or parking…
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Tesla Rival BYD Unveils $30,000 EV That Charges in Just 5 Minutes
China’s EV giant BYD just made a move that could shake up the electric vehicle industry—again. They’ve revealed a fast-charging battery system that claims to deliver nearly 250 miles of range in just five minutes, paired with a model that starts at only $30,000. Between the pricing, performance, and infrastructure plans, this isn’t just a…
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Lucid Just Crushed Tesla’s Range Record — And No One Saw It Coming
For over a decade, Tesla has held the crown in the EV range war. That dominance just ended—quietly, and without a tweet from Elon. Lucid Motors’ flagship sedan, the Lucid Air Dream Edition R, has officially posted an EPA-rated range of 520 miles on a single charge (Source: Lucid Motors). That’s not just a small…
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Used Tesla Prices Are Plummeting- Here’s Why
Over the past year, used Tesla prices have dropped by nearly 25%, with some models like the Model S and Model Y experiencing declines of 16.2% and 15.9%, respectively. This depreciation is significantly higher than that of other electric vehicles, which have seen average price drops of around 13.5%. The rapid decrease in value has…
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Thousands of Cybertrucks, No One to Buy Them
Tesla claimed over a million Cybertruck reservations, yet nearly 2,400 are sitting unsold, totaling approximately $200 million in inventory. Despite initial enthusiasm, the reality has been sluggish sales and growing stockpiles. Reports indicate that Tesla has even halted trade-ins for the Cybertruck, signaling deeper issues with demand. (Source: Electrek) Owners attempting to offload their Cybertrucks…
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Jaguar’s New $160K Electric Car is Aimed at Young Money
The Type 00 isn’t for the usual Jaguar crowd. This is for younger buyers with cash to spend and a thing for tech and design. The goal is simple: pull people away from brands like Porsche and Tesla and give them something with a little more edge. At $160,000, it’s not trying to compete with…