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China’s Mega Car Recall Brings Hidden Door Handles Under Spotlight
technology10 hours ago

China’s Mega Car Recall Brings Hidden Door Handles Under Spotlight

China has ordered a recall of more than four million cars—nearly three million Teslas—over hidden door handles that can be hard to open if power fails; new 2027 rules ban such mechanisms and require mechanical inside/outside releases and clear opening instructions, with some vehicles getting software updates to lower windows in a crash. Xiaomi, XPeng and Geely are also affected, and safety experts warn the fixes may not fully address emergency access, suggesting recalls could spread beyond China.

NHTSA widens GM brake‑assist probe to 1.16 million vehicles tied to eBoost
technology1 day ago

NHTSA widens GM brake‑assist probe to 1.16 million vehicles tied to eBoost

NHTSA’s ODI expands its investigation into General Motors’ eBoost braking system to about 1.164 million vehicles built for 2023–2026, including Cadillac Lyriq, Chevrolet Colorado, GMC Canyon, Buick Enclave/Envision, Blazer EV, Equinox EV, Traverse, Acadia, Celestiq/Optiq, plus 2024–2026 Acura ZDX and 2024–2026 Honda Prologue; the agency has logged 745 incidents, 22 crashes/fires and 5 injuries. GM says the issue involves spindle fractures in the eBoost system that can trigger a Brake System alert while ABS/ESC remain functional until the vehicle stops; ODI has moved the probe to an engineering analysis to define its scope.

Xpeng Q2 Revenue Up, But Losses Widen Amid Margin Shifts
business2 days ago

Xpeng Q2 Revenue Up, But Losses Widen Amid Margin Shifts

Xpeng reported Q2 revenue of 19.74 billion yuan (up 8% YoY and 51.5% QoQ) with a gross margin of 20.7%. The net loss widened to 1.34 billion yuan (up 179% YoY), though a non-GAAP loss of 1.24 billion yuan was noted. Vehicle deliveries reached 103,295 with vehicle revenue of 17.05 billion yuan, while services and other revenue jumped 93.9% to 2.70 billion yuan, lifting overall margin despite a 12.1% vehicle margin. The company guided Q3 deliveries to 115,000–121,000 vehicles and attributed margin gains to services and higher R&D services revenue, though profitability remains under pressure.

Rivian Dips as Credits Fade, Pushing the H2 Delivery Ramp to the Test
business8 days ago

Rivian Dips as Credits Fade, Pushing the H2 Delivery Ramp to the Test

Rivian’s stock is down about 25% year-to-date as $164 million of regulatory credits that aided first-half margins are set to vanish in H2 2026. The company must deliver roughly 42,400–47,400 vehicles in the second half to meet its 65,000–70,000 annual target, with the Normal plant’s second shift not contributing until Q4. The removal of credits is the main driver of a steeper H2 EBITDA loss, even as the R2 ramp continues and some costs improve. Autonomy+ revenue remains unproven, and investors will watch Q3 results to see if automotive gross profit turns positive without credits and whether the delivery ramp can offset the credit decline.

Tesla's Preferred Routes Arrive in the US Without the Full Summer Update
technology14 days ago

Tesla's Preferred Routes Arrive in the US Without the Full Summer Update

Tesla's 'Preferred Routes' learns your most-used paths to common destinations and suggests the best option if it’s close to the fastest route. It’s rolling out in the US via map update 2026.26 and doesn’t require the full Summer Update; online routing is needed, data is anonymized, and it uses Tesla’s own routing for features like preferred turns and Supercharging considerations, available on all Intel/AMD infotainment models.

Ford Fathom Aims for Mass Market with Sub-$30K EV Pickup
technology17 days ago

Ford Fathom Aims for Mass Market with Sub-$30K EV Pickup

Ford unveils the Fathom, a budget-friendly midsize EV pickup built on Ford’s Universal Electric Vehicle platform, using a 48-volt architecture and Unicasting (two large aluminum castings) to cut costs, with a base price around $28,350, over 300 miles of range, and deliveries planned for Fall 2027 from Louisville, KY; pre-orders start in early 2027, and the truck includes BlueCruise, a digital key, and Apple/Android Auto compatibility to compete in the entry-level EV-truck market.

California Unveils $3,500 Instant EV Rebate for First-Time Buyers
technology17 days ago

California Unveils $3,500 Instant EV Rebate for First-Time Buyers

California rolled out a $3,500 instant rebate for first-time electric-vehicle buyers through the MyFirstEV program, with about $135.5 million funding available to cover roughly 73,000 zero-emission vehicles. The program applies to 2026+ BEVs and hydrogen fuel cell EVs under $50,000, and extends to used EVs (up to $1,750 for under $25,000), while 15 automakers including Tesla and Hyundai will match the government investment dollar-for-dollar. Low-income residents may access larger incentives via Clean Cars 4 All, and the move comes amid federal tax-credit changes and ongoing California clean-energy goals.

Rivian's R2 road test signals a turning point for the EV maker
autos17 days ago

Rivian's R2 road test signals a turning point for the EV maker

Rivian’s high-stakes midsize EV, the R2, is designed to scale the company toward profitability with a cheaper, high-volume platform. In road tests, the Performance model delivers 656 hp and 609 lb-ft for a 0–60 around 3.6 seconds, while its semiactive dampers provide a notably smooth, composed ride. The EPA rates range at 330 miles from an 88-kWh pack, with real-world figures around 250–300 miles; charging uses a Tesla-compatible NACS port—10% to 80% in under 30 minutes. The interior feels premium for the price, but the lack of Apple CarPlay is a drawback. Pricing starts near $57,990 (about $61k as tested). If the R2 can scale, it could finally deliver profitability and volume for Rivian beyond its acclaimed but costly R1-series offerings.

Rivian ramps up R2 push as Q2 revenue climbs 27%
business26 days ago

Rivian ramps up R2 push as Q2 revenue climbs 27%

Rivian posted Q2 2026 revenue of $1.66B, up 27% year over year, with a record $179M gross profit led by software/services and VW JV; automotive gross profit was negative $36M as the R2 ramp continues. R2 deliveries began June 9, with 12,613 produced and 12,194 delivered. The company raised full-year guidance to 65,000–70,000 vehicles, narrowed adjusted EBITDA loss to $1.8–2.0B, and signaled about $14B of available future capital, suggesting auto-margin improvement in H2.

China Demand for Ferrari Luce Pushes Deliveries to 2027 as 2026 Allocation Fills
business26 days ago

China Demand for Ferrari Luce Pushes Deliveries to 2027 as 2026 Allocation Fills

Ferrari’s first electric model, Luce, is drawing notable Chinese demand, with reports that orders in China could push deliveries to 2027 as Ferrari’s global 2026 allocation is said to be filled; in China the car is priced around 3.99 million yuan and deposits of 400,000–500,000 yuan are being requested. Early claims of an 88-unit “sellout” are attributed to dealer quotas rather than confirmed customer orders, and Ferrari aims to produce about 2,500 Luce units through 2030 with limited test-drives as regional data remains unconfirmed.

Ford-Geely JV to build European EVs in Valencia, adds new Bronco and two Geely SUVs
business1 month ago

Ford-Geely JV to build European EVs in Valencia, adds new Bronco and two Geely SUVs

Ford and Geely announced a new joint venture to manufacture Ford- and Geely-branded electrified vehicles at Ford's Valencia, Spain plant, targeting Europe with up to 500,000 vehicles per year. Ford will introduce a new multi-energy electric crossover and a rugged Bronco, while Geely will produce two new electric SUVs at Valencia. If approved, production could start in 2027 with first units in 2028, and Ford would own 66% of the JV while Geely holds 34%.

GM Shifts Back to Gas, Pausing New Chevy and Cadillac EVs
business1 month ago

GM Shifts Back to Gas, Pausing New Chevy and Cadillac EVs

GM plans no major new EVs for Chevrolet or Cadillac over the next few years as it pivots back toward internal-combustion models. Cadillac will roll out ICE updates to the CT5, XT5, and XT6 next spring and will sell gas-powered variants alongside its EVs, while the Bolt is ending production and a gas crossover is planned to replace it in Kansas. The Equinox EV, Blazer EV, and Silverado EV will remain in GM’s lineup, the company reports sizable EV-related charges (about $10.9 billion since H2 2025) but has raised its full-year profit guidance to roughly $14–$16 billion, and the move signals intensified competition from Hyundai and others entering the EV space.

Honda Ends Prologue Era After Two-Year Run
business1 month ago

Honda Ends Prologue Era After Two-Year Run

Honda will discontinue the Prologue electric SUV after the 2026 model year, ending a two-year run built on GM's Ultium platform; the decision follows Honda's broader retreat from EVs, the cancellation of the planned in-house 0 Series lineup, and the Acura ZDX's discontinuation, though Honda will continue to support existing Prologue customers through its dealer network.