Author: News Desk

Tesla is reportedly planning to introduce a more affordable version of its Model Y, as reported by Bloomberg. The strategy is intended to offset the loss of U.S. federal electric vehicle incentives. Sources suggest that the new entry-level Model Y is likely the same model the company hinted at in its recent social media updates. The lower-cost version will forgo certain features and incorporate more affordable materials to help offset the expiration of the federal tax credit of up to $7,500, which the U.S. government ended last month. During the company’s most recent earnings call, executives noted that production of…

The German government will extend the car tax exemption for electric vehicles (EVs) until 2035, German Finance Minister Lars Klingbeil declared. “To get significantly more electric cars on the road in the coming years, we need to set the right incentives now. That’s why we will continue to exempt EVs from car tax,” Klingbeil told DPA. Klingbeil stated that he will introduce a draft proposal to enact the policy. As per existing regulations, the tax exemption for newly registered battery-electric vehicles will end on January 1, 2026. According to the Finance Ministry, the proposed law would prolong the tax exemption…

Chinese carmakers Great Wall Motor (GWM) and Chery Automobile are reportedly preparing to begin vehicle assembly operations in South Africa. Tony Liu, CEO of Chery’s South African operations, stated that the company is on track to almost double its local sales to 39,000 vehicles this year. Speaking at an automotive event in Gqeberha, Liu revealed that Chery will make a decision on establishing a completely knocked down (CKD) assembly plant within the next three to six months. According to Bloomberg, the growing market share of fully assembled vehicle imports from China and India is putting strain on South African automakers,…

BYD Australia has confirmed it will launch the all-electric Atto 1 city hatchback next month, promising it will become the country’s new cheapest all-electric model. Also known as the Dolphin Surf, Dolphin Mini, and Seagull, the Atto 1 will arrive in Australian showrooms this November alongside the previously confirmed Atto 2. Priced below the $29,990 (before on-road costs) Atto 1 will become BYD’s most affordable model. Although BYD Australia hasn’t disclosed the exact price yet, Chief Operating Officer Stephen Collins has indicated that it will be priced competitively, matching petrol-powered rivals such as the Mazda 2 (starting at $28,190), Suzuki…

DENZA, a premium new energy vehicle brand from BYD, is set to debut in Australia and New Zealand this November by introducing two plug-in hybrid electric off-road models to the luxury segment. DENZA’s initial offerings will be the B5 and B8, five- and seven-seat plug-in hybrid (PHEV) SUVs that combine off-road capability with advanced luxury features. Also referred to as the Leopard 5 and Leopard 8, both vehicles are equipped with BYD’s DM-O (Dual-Mode Offroad) technology, which delivers off-road performance alongside electric efficiency. DENZA showcases a refined lineup of high-end vehicles from BYD’s sub-brands, rebranded under a new nameplate tailored…

BMW will provide a $7,500 purchase credit off the MSRP for its electric and electrified vehicles in October, following the expiration of the federal EV tax credit on September 30. This incentive covers BMW’s entire lineup, including premium models like the 2025 i7 M70, which has an MSRP of $169,675. BMW’s electric vehicle lineup begins with the i4 four-door coupe, priced from $57,900, and extends to the top-tier i7 full-size sedan, with the M70 version reaching up to $168,500. Mid-range options include the i5 midsize sedan, starting at $67,100, and the iX midsize SUV, from $75,150. The $7,500 purchase credit…

Rivian plans to revise the door handle design on its upcoming R2 SUV in response to safety concerns raised by employees and customers, according to a report by Bloomberg. Over the past few years, many automakers, including Rivian, have adopted electronically latched door handles to achieve a sleeker look and improved aerodynamics. However, the trend has led to manual emergency door releases being placed in obscure places. As electric door mechanisms become more common in vehicles, the importance of easily accessible manual releases has become critical for passenger safety. Manufacturers have struggled to strike a balance between stylish interior design…

Japanese truck manufacturer Isuzu Motors accelerated its North American expansion plans on Wednesday by launching construction of a new manufacturing facility in South Carolina. The company held a ceremony for the facility, signaling its intent to bolster its position in the North American truck market and reduce reliance on vehicle exports from Japan. Initially revealed in February, the plant is expected to begin operations in 2027. Isuzu is investing US$280 million into the facility, which will manufacture both battery-electric and diesel-powered N-series and F-series trucks, with plans to employ around 700 people by 2028. The plant will be managed by…

Nissan Motor has canceled its plans to manufacture two new electric vehicles at its Canton plant in Mississippi, which was initially scheduled to begin in late 2028 or early 2029. Instead, the company will explore the possibility of producing hybrid SUVs at the facility starting in 2028. Nissan had previously pushed back its original timeline to start EV production at the plant in 2028 by as much as a year, due to weakening demand. In April, it rescheduled the release of two electric crossovers—the PZ1K and PZ1J—for 2028, while also dropping plans for two electric sedans and a compact electric…

Tesla reported record vehicle deliveries in the third quarter, driven by a surge in U.S. electric vehicle purchases ahead of the federal tax credit deadline, marking a rebound from a sluggish start to the year. The automaker delivered 497,099 vehicles worldwide in the quarter, a 7.4% year-over-year increase, exceeding Wall Street’s projection of 439,612 units, according to the released figures. The short-term surge in sales, fueled by the tax credit deadline, gave a much-needed boost to Tesla’s main automotive division, which had been experiencing a downturn over the past two years due to an aging vehicle lineup, increasing competition, and…