XPeng electric vehicle owner Prabin Gautam was stranded on a Melbourne freeway after his car suffered a sudden drive-motor failure. The incident coincides with a wider fallout affecting hundreds of customers and creditors following a bitter legal dispute between XPeng and its former Australian distributor, TrueEV.
Florida investor Herbert A. Wertheim purchased the first production Ferrari Luce, the automaker's debut electric car, for $40 million at an RM Sotheby’s auction. The vehicle, featuring a unique design by Jony Ive's LoveFrom studio, will benefit the Ferrari Foundation.
Battery-only electric cars accounted for 17.3% of new EU passenger car registrations in 2025, reaching nearly 1.9 million units, with Norway leading adoption at over 95%.
Ferrari's first fully electric vehicle, a bespoke 'Luce' model, sold for $40 million at a Sotheby's charity auction in California, defying market skepticism and setting a record for a new car at auction.
Chinese EV manufacturers are incorporating advanced technologies like AI assistants, VR digital cockpits, and innovative entertainment systems, appealing to young drivers and setting them apart globally.
The UK government launched a review to potentially cut its 2030 zero-emission vehicle sales target from 80% down to 50% following industry pressure, drawing criticism from environmental groups.
Despite a slowdown in China's ultra-luxury car market, a growing segment of younger, professionally diverse drivers are opting for top-end EVs from domestic brands, prioritizing technology and driving experience over traditional luxury prestige.
Malaysian officials Redzuan Abd Rahman and Mohamad Termizi HJ Piee stated that economic ties between Malaysia and South Korea have entered a new phase, offering vast opportunities for South Korean companies to use Malaysia as a gateway to ASEAN.
Ford Motor announced Thursday its new midsize electric truck, the 'Fathom,' will start at $28,350 and launch preorders in early 2027. Built on the new Universal Electric Vehicle platform, the truck aims to drive profitability amid EV market slowdowns.
Economists and experts warn that proposed EV policy moves in Malaysia, including a potential sales levy and changes to import tax exemptions, could raise costs and weaken the nation's appeal as a manufacturing hub as charging infrastructure lags behind targets.
Australian household spending increased by 0.8 per cent in June, driven by rising transport and recreation costs, though economists expect growth to soften later in the year.
Electric vehicle sales in India nearly doubled in July, surging 82% year-on-year to 31,788 units, driven by higher fuel prices due to the US-Iran war. This boosted EVs' share in new car sales to 7.8%, with major automakers like Maruti Suzuki, Kia, and Tata Motors ramping up production to meet demand.
U.S. auto companies like Stellantis and startups are investing in electric low-speed vehicles (LSVs) as an affordable alternative to traditional cars, with President Trump also supporting smaller vehicles. The market, currently small, is projected to grow significantly by 2030, offering a new mobility solution.
Contemporary Amperex Technology Ltd (CATL), the world's largest EV battery producer, unveiled its new Shenxing product series at an event in Beijing. The next-generation batteries feature advanced technology to manage heat during fast charging, enhancing safety and efficiency.
AAP convener Arvind Kejriwal announced a march to the PM's residence on Tuesday to protest E20 fuel, demanding consumers choose between pure petrol and E20, lower E20 prices, and petrol below Rs 84/litre, citing vehicle damage and reduced mileage.
A Nanjing University study indicates that China's EV recycling could supply most key materials for EV components by 2050, despite economic challenges and evolving battery chemistries. This hinges on effective recycling chains and policies like battery passports and increased recycling rates.
Ferrari CEO Benedetto Vigna expressed satisfaction with the Luce all-electric vehicle's launch, despite initial criticism and a stock decline. The company's order books are full through 2027, and the Luce's initial sales quota was reportedly filled quickly.
A detailed Australian survey reveals organised anti-wind and solar campaigns have successfully eroded community support, while enthusiasm for electric vehicles surged following Donald Trump's attack on Iran. Despite this, home batteries and rooftop solar maintain high 'deep support'
Chinese battery giant CATL reported record second-quarter revenue of 147.79 billion yuan and net profit of 22.5 billion yuan, up 56.92% and 36.5% year-on-year respectively. However, these figures slightly missed market estimates, attributed to weakening EV demand in China. The company also announced a plan to buy back up to 40 billion yuan in shares.
Apple Maps will be the official navigation system for Ford's future electric vehicles, integrating directly into the Universal Electric Vehicle (UEV) platform. This partnership, facilitated by Apple's MapKit for Automotive SDK, also supports the development of Ford's BlueCruise hands-free driving system.
China's Geely and Ford Motor announced a new manufacturing joint venture to produce electric vehicles at Ford's Valencia, Spain plant, with operations starting in 2027 and production in 2028. Ford will hold a 66% stake, Geely 34%, aiming to compete in the European EV market amidst global competition and tightening regulations.
Geely and Ford have established a joint venture to assemble multi-energy and electric vehicles at Ford's idle Almussafes factory in Valencia, Spain, with deliveries expected to start in 2028. Geely will hold 34% and Ford 66% of the venture, aiming to optimize factory utilization and secure employment.
Chinese auto-giant Geely will utilize an idle Ford factory in Almussafes, Valencia, Spain, to manufacture electric vehicles for the European market. Spanish Prime Minister Pedro Sanchez announced the deal, which allows Geely to circumvent EU tariffs on Chinese-made EVs and preserves industrial activity at the facility.
Apple introduces MapKit for Automotive, enabling direct Apple Maps integration into Ford's next-gen electric vehicles, starting with a midsize truck in 2027. This enhances navigation, EV routing, and feeds data to Ford's BlueCruise driver assistance system.
