Gadgets
Polestar Withdraws from U.S., Impacting EV Owners and Dealers
Polestar exits the U.S. market due to Chinese software regulations, leaving thousands of owners and dozens of dealers concerned about vehicle value and service continuity.
Tags: EV
Gadgets
BYD Unveils High-End European "Denza Z" Series for the First Time Worldwide in the UK
At the Goodwood Festival of Speed, BYD debuted the Denza Z Coupe and Z Racing for the European market. These high-performance EVs boast a maximum output of 1,604 horsepower and acceleration from 0 to 100 km/h in just 1.96 seconds, with prices starting at over £130,000. This marks a significant step in BYD's entry into the European luxury car market.
Gadgets
The Cheapest EV with Chinese-Made LFP Battery: Slate Makes It Happen
U.S. startup Slate unveils a $25,000 electric truck, leveraging mass-produced LFP batteries from China. Ironically, a policy shift under the Trump administration helped pave the way for this reliance.
Dev
Volkswagen to Lay Off 100,000 Employees: The Cost of Transitioning to Software
Volkswagen is reportedly considering a workforce reduction of up to 100,000 employees. Behind its 53% drop in operating profit lies delays in transitioning to electrification and software, as well as the side effects of the successful platform strategy that once supported its growth.
Gadgets
Rivian Faces Class Action Lawsuit Over Misrepresentation of Self-Driving Capabilities in Early Models
Customers have filed a class action lawsuit against Rivian, alleging that the first-generation R1T and R1S models lack the hardware necessary for Level 3 autonomous driving despite the company's claims.
Gadgets
GM to Equip Over 250,000 EVs with V2G Capability, Also Announces Sodium-Ion Batteries
GM begins distributing V2G-compatible firmware to over 250,000 EVs. Also announces grid-scale sodium-ion batteries, accelerating distributed power grid vision to address AI-driven electricity demand.
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