Transforming Transportation: 1 in 4 Cars Sold in 2025 Will Be Electric Vehicles
> A new IEA report predicts that over 25% of global car sales will be electric vehicles by 2025, with growth expected to exceed 40% by 2030.
April Sees 29% Increase in Global Electric Vehicle Sales, Driven by China
> Global EV sales rose 29% in April 2025 compared to last year, with China leading the charge despite looming trade uncertainties.
15 States at Risk of Job Losses Due to Potential Repeal of the Inflation Reduction Act
> The repeal of the IRA could result in massive job losses across 15 states, particularly in the EV and battery manufacturing sectors, warns a new report.
GM Declares Prismatic EV Batteries ‘Critical’ for Future Success
> GM highlights prismatic batteries as ‘critical’ for its EV future, shifting focus from traditional cylindrical and pouch cells to enhance performance.
# BYD Achieves Record Sales Week in China with Nearly 68,000 EV Registrations
> BYD reports its best sales week of 2025 in China with nearly 68,000 EV registrations, significantly outpacing Tesla’s 3,000 sales.
China Surges Ahead in Global Lithium-Ion Battery Rankings Amid U.S. Tariff Challenges
> China leads the Global Lithium-Ion Battery Supply Chain Ranking, overtaking Canada as U.S. tariffs hinder local production momentum.
Volkswagen EVs Set to Become More Affordable with Innovative Battery Technology
> Volkswagen’s new battery technology set to launch in 2026 promises to make EVs cheaper, starting with the ID.2 model, enhancing accessibility for consumers.
Tesla Employees Push for Change Amid Model Y Struggles and New Volvo Launch
> Tesla employees face termination for calling for Elon Musk’s ouster as Model Y struggles in the market. Volvo unveils new electrified XC70 amid these events.
Tesla Unveils Progress on Optimus Robot as It Competes in the Humanoid Robotics Race
> Tesla’s latest video reveals progress on the Optimus robot, showcasing its capabilities while noting the competition it faces in humanoid robotics.
The Shift in the Auto Industry: Embracing Regional Strategies Over Global Ambitions
> The automotive industry shifts focus from global ambitions to regional strategies, as Ford CEO Jim Farley emphasizes the need for localized business models.