Volkswagen Pours $1B into Rivian to Bolster Tech Collaboration

June 30, 2025 – According to a report from Deutsche Presse-Agentur (DPA), Volkswagen Group is set to make its second 1billioninvestmentinitspartnerRivianonMonday.ThismoveispartofVolkswagen′spreviouslyannouncedcommitmenttoinvestupto5.8 billion in Rivian. Of the total 5.8billioninvestment,3.5 billion will be used to purchase Rivian’s shares. This investment could potentially enable Volkswagen to surpass Amazon as Rivian’s largest shareholder. The remaining $2.3 billion will be…

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Volvo’s 5,000 – Unit Electric Heavy – Truck Delivery: Tesla Semi Faces a Daunting Catch – Up Task

June 30, 2025 – Volvo has quietly made a significant announcement overseas, revealing that it has successfully delivered its 5,000th electric heavy – duty truck. Since 2019, the company has been in the business of delivering pure – electric heavy – duty trucks. Its customer base now spans over 50 countries globally, and the cumulative…

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Tesla’s 5-Month Sales Slump in Europe Persists: New Model Y Fails to Reignite Demand as Chinese Rivals Dominate

June 26, 2025 – Recent figures from the European Automobile Manufacturers’ Association (ACEA) reveal a concerning trend for Tesla in the European market. In May, the company witnessed a significant 27.9% year-on-year decline in new vehicle sales across the region. This downturn comes despite a robust 27.2% growth in overall battery electric vehicle (BEV) sales…

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Lamborghini Backs Synthetic Fuels: ‘A Potential Lifeline for Gasoline Cars,’ Says Exec

June 26, 2025 – Rouven Mohr, the Chief Technical Officer of Lamborghini, has stated that the adoption of synthetic fuels will enable the brand to carry on its legacy of building internal combustion engines, even as the world moves aggressively towards electrification. The Lamborghini Temerario marks the brand’s first mass-produced vehicle to support synthetic fuels….

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Tesla Urges Regulators to Keep Robotaxi Safety Data Confidential, Citing Business Secrets

June 24, 2025 – A letter disclosed on Monday, as reported by Reuters, reveals that Tesla has informed U.S. regulators that its responses concerning the safety of deploying robotaxis in Texas are classified as confidential business information and should not be made public. Earlier, on Friday, the National Highway Traffic Safety Administration (NHTSA) in the…

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Toyota to Hike Prices on Select U.S. Models Next Month, Average Increase Over $200

June 23, 2025 – Toyota Motor Corporation has recently announced that it will increase the prices of certain vehicle models in the U.S. market starting next month, with an average hike exceeding 200.AccordingtoBloomberg,Toyota−brandedvehicleswillseeanaveragepriceriseofapproximately270, while its luxury division, Lexus, will experience an increase of about $208. In response to the recent wave of price adjustments by…

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