In recent years, the global new energy vehicle (NEV) market has witnessed remarkable growth, with China's NEV industry accelerating its expansion into international markets. This thriving momentum has turned China’s automotive sector into a powerful symbol of national innovation and competitiveness. According to data from the China Association of Automobile Manufacturers, China exported 5.859 million vehicles in 2024, marking a year-on-year increase of 19.3% and further solidifying its position as the world’s leading automobile exporter.
Elon Musk issued a warning over attacks on Tesla, Harley-Davidson faced boardroom turmoil, Tesla launched a new Cybertruck trim, U.S. EV sales rose 10.6%, and Volkswagen reported strong EV growth in Europe.
The startup wants to crack the formula for building a $25,000 two-seat EV, something established U.S. players like Tesla and Rivian have yet to achieve.
Observers are watching how the Trump administration will reform – or dissolve -- the U.S. Department of Education. As with many other changes in Washington,
Germany’s car industry is in the eye of the auto tariff storm. Stakeholders on both sides of the Atlantic must prepare for a period of uncertainty and increased costs.
Arlington, TX - In a rapidly evolving automotive landscape, Hiley Volkswagen of Arlington stands out as a dealership that seamlessly blends tradition with modern innovation. With a strong reputation for delivering top-tier customer service and access to the latest Volkswagen models, the VW dealership is redefining what it means to own and drive a Volkswagen.
Shares of electric vehicle manufacturer Rivian (NASDAQ:RIVN) jumped 8.5% in the afternoon session after auto companies with significant manufacturing local presence became more favored after US President Donald Trump announced a 25% tariff on all vehicles imported into the United States. Rivian manufactures its cars in the United States. While this does not necessarily mean the company sources all its components and raw materials domestically, the stock's positive reaction indicates that investors view the company as better positioned to adapt to the new tariffs compared to its competitors.
Recent vehicle sales data from Europe reveals that Tesla, historically the world’s largest electric vehicle (EV) manufacturer, is losing ground to established automakers like Volkswagen and BMW Group. According to research platform JATO Dynamics, both BMW and Volkswagen sold more EVs than Tesla in the European market in February 2025, signaling trouble for the Texas-based automaker.
