EDITOR'S PICK
Lucid Delivers First Saudi-Assembled EVs for Diplomatic Use in 19 Countries
14 Jul 2025 | Synopsis
"Ministry of Foreign Trade has received the first batch of Saudi-assembled Lucid Motors vehicles...the first tender documents were published at the end of May and covered shipments of Lucid vehicles to embassies and consulates."The first batch of countries includes Turkiye, Jordan, Hungary, Brazil, Egypt, the Philippines, Tunisia and Bangladesh.
"The EV maker is assembling both its Air and Gravity models at the facility in King Abdullah Economic City."
Gas Cars Will Start to Disappear Sooner Than You Think
12 Jul 2025 | Synopsis
"It turns out that when a state approaches 30% new EV sales, that's the tipping point for the number of gas cars on the road falling...Each year, there are 15-16M new cars sold in the US, while 12M exit the road permanently"...we actually only have to get to 4M new EV sales per year nationally before the number of gas cars begins its inexorable decline. That's because 16M - 12M cars = 4M. Once EVs surpass that number, there will be fewer gas cars."
Sporty, Enclosed, Tilting Three-Wheeled EV May Be Your Next Not-A-Car
12 Jul 2025 | Synopsis
"...an 'intelligent balance system' lets the two rear wheels tilt along with the vehicle's main body when taking corners, boosting performance and stability.Scholten has already built three functional proof-of-concept prototypes, two of which utilized ZF75/7 electric drivetrains made by Zero Motorcycles...One charge of the 10- to 12-kWh lithium battery pack should be good for a range of 100 to 140 miles (161 to 225 km)..."
EV Revolution Reshapes Global Oil Demand
12 Jul 2025 | Synopsis
The electric vehicle revolution has moved from projection to reality. As more countries follow China's lead, oil demand - once considered immune to disruption - now faces irreversible decline in the transportation sector. If policy and investment continue at pace, the IEA expects 5 to 8 million barrels/day of oil demand could be erased by 2030. Nearly 40% of new cars globally may be electric by that time."
Prediction: Lucid Group Could Lose a $200 Million Revenue Source That Is Nearly 100% Profit
12 Jul 2025 | Synopsis
"It's hard to be an EV producer. Over the last decade, more than 30 EV start-ups have either faced bankruptcy or quietly disappeared...Lucid is a prime example of this challenge. After nearly 20 years of operation, the company remains unprofitable"For years, EV manufacturers in the U.S. have accumulated a variety of federal and state regulatory credits for selling nonpolluting vehicles...last quarter, Lucid generated $31.5 million in revenue
EVWorld Exclusive
Sticker Shock and Stagnant Pay: Why New Cars Are Slipping Out of Reach
17 Oct 2025 | 
New car prices have outpaced wage growth, making ownership increasingly unaffordable. Even Ford's $30K EV pickup and other sub-$30K models may remain out of reach for many without incentives or financing reform. With monthly payments rising and federal credits phasing out, the affordability gap is reshaping the auto market. Shared mobility and micro-EVs may offer alternatives, but structural change is needed to restore access.
Toyota FT-Me: Shared Mobility Concept with Big Implications
17 Oct 2025 | 
Toyota's FT-Me is a two-seat electric microcar designed for shared urban mobility, not just teens. Developed with UK government support, it features hand-only controls, solar panels, and a lightweight frame. Aimed at car clubs and last-mile use, it could offer affordable, accessible transport with low emissions. With steady utilization and supportive policy, FT-Me may become a viable, sustainable option in the UK's evolving mobility landscape.
Creative Destruction vs. Fossil Retrenchment: Why Project 2025 Risks Leaving America Behind
16 Oct 2025 | 
Project 2025 protects fossil fuel incumbents by dismantling Biden-era clean energy policies. Nobel economist Philippe Aghion argues that climate progress depends on creative destruction - letting green innovators outcompete legacy polluters. The U.S. risks falling behind as global markets embrace clean tech. Even its passport has slipped from the top 10. Innovation, not retrenchment, is the path forward
Buick Electra E5: China-Built EV Poised for U.S. Launch
16 Oct 2025 | 
Buick's Electra E5, built in China by SAIC-GM, is set to become GM's first imported EV for the U.S. market. Though its launch was delayed indefinitely in 2024, a tentative 2026 rollout remains part of GM's electrification roadmap. With Ultium battery tech, strong performance specs, and positive reception in China, the Electra E5 represents a strategic shift in global EV sourcing and branding.
China's EV Boom Masks a Hidden Inventory Problem
15 Oct 2025 | 
China's EV market shows strong wholesale growth, but retail sales lag behind. In April 2025, the wholesale-retail ratio hit 1.27:1, signaling inventory buildup. Automakers push stock to dealers to meet targets, risking oversupply. Analysts warn this gap could lead to price wars and financial strain. Retail data offers a clearer view of consumer demand and market health.
 17 Oct 2025 18:41:38 UTC |
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