electric vehicle News Updates

A longtime Tesla executive is leaving the Elon Musk-run EV company, extending a string of departures as the manufacturer shifts its focus to artificial intelligence and robotics. 

The news comes as the EV market is at a standstill amid the Trump administration steering federal support away from electrification in favor of a broader agenda supporting the oil and gas industries.

Charging networks added about 11,300 ultrafast cords across the U.S. last year, up 48% from 2024. And the high-speed buildout is only accelerating.

So far the EX60, with a driving range of more than 497 miles on a single charge, is only available in European markets. U.S. order books are due to open later this spring. 

Talks are at an early stage and any agreement would need to clear hurdles on concerns around data protection while using technology from China, Bloomberg reports.

The sudden switch promises a new era of fat profits for the companies. Long term, it risks sending American automakers off a cliff.

Lucid Group plans to boost electric vehicle output more slowly in 2026 following a year marked by production struggles and faltering demand for battery-powered vehicles in the U.S.

Uber said it will focus on building the high-capacity charging hubs starting in the San Francisco Bay Area, L.A. and Dallas — markets where it plans to launch public robotaxi services.

Ford engineered its next-generation EV to be lighter, sleeker and more electrically efficient so that it can go farther on a charge and start at $30,000, some $20,000 cheaper than the average new car.

The EV manufacturer reported better-than-expected Q4 results and its first-ever annual gross profit, a key milestone after years of consistent losses.