Electric Vehicles
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Study finds 96% of EV owners plan to stay electric for their next vehicle, with satisfaction at record highs due to improvements in battery tech and charging infrastructure Source
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Polestar announces four new electric vehicles launching within three years, including a new SUV and the return of the entry-level Polestar 2 Source
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Toyota brings back the C-HR as an all-wheel-drive electric SUV starting at $38,135, a significant price increase from the previous model's sub-$25,000 starting price Source
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Zeekr showcases its 7GT model in Sweden ahead of July European deliveries, expanding its presence in the region Source
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Trump administration removes Department of Energy provision that allowed EVs to be counted at artificially high fuel economy values for over 20 years Source
Tesla
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Tesla avoids 30-day California sales suspension after complying with DMV order to drop "Autopilot" from marketing following nearly three-year case over misleading advertising Source
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Germany's largest industrial union IG Metall accuses Tesla of fostering toxic working conditions at Gigafactory Berlin, citing employee overwork and pressure on sick staff, ahead of works council election Source
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Tesla introduces 0% financing on Model Y and 0.99% on Model 3 in the US following continued domestic sales decline Source
Autonomous Vehicles
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Waymo reveals approximately 35 operators in the Philippines assist its robotaxi fleet, part of about 70 total human agents on duty at any given time to provide guidance Source
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Waymo defends its use of remote assistants in a letter to Sen. Ed Markey after Senate testimony went viral, providing detailed description of remote assistance operations Source
International Expansion
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Nio's Firefly sub-brand opens pop-up showrooms in Aarhus and Odense, expanding Danish presence to cover the country's three largest cities Source
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Volvo aims to use China-Canada trade deal quota allowing 49,000 China-produced EVs annually, plans EX90 relaunch in Canada Source
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Geely considers producing electric vehicles in the UK as brand targets significant sales growth Source
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Magna International declines Chinese joint ventures in Canada despite government push following new trade deal Source
Financial/Investment
- Bank of America cuts holdings in both Rivian and Nio by approximately 20% during Q4 according to quarterly portfolio filing Source