Tesla reports a sharp drop in profits and sales as EV demand slows and competition rises.

BYD introduces its "God's Eye" advanced driver-assistance system for EVs under $10,000, boosting affordability and competition in China's auto market.

Singapore is seeing a surge in Chinese electric vehicle brands like Zeekr and Xpeng as EV adoption ramps up by increasing charging ports and incentives.

Monarch Tractor CEO Praveen Penmetsa recently announced that it has raised $133 million through its Series C funding.

General Motors (GM) has secured a $500 million grant from the US Department of Energy to support the production of EVs at its Lansing Grand River Assembly plant.

Volkswagen is partnering with QuantumScape to develop solid-state batteries for future vehicles, aiming to enhance the energy storage capacity and safety of 1 million electric vehicles per year.

Tesla has increased the price of its Model 3 cars in European countries like Germany, the Netherlands, and Spain.

China-based BYD has committed to constructing a $1 billion assembly plant for electric vehicles (EVs) in Turkey.

European tariffs have reportedly slowed China's electric and plug-in hybrid vehicle export growth by 20-30% in recent months.

Major South Korean battery producer SK On is in crisis amid weak electric car sales of its clients in the US and Europe.