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Ev Market

All articles tagged with #ev market

business4 hours ago

Porsche Phases Out Gas-Powered Macan Ahead of New EV Era

Porsche will end production of the gas-powered Macan by mid-2026, with the all-electric Macan carrying the nameplate until a conventional ICE successor arrives; in Q1 2026 the ICE Macan sold 10,130 units out of 18,209 Macan total, showing ICE still outpacing its EV sibling as overall Porsche sales fall US 12.5% and globally 15%. The 718 is discontinued, the 911 remains a bright spot, and Porsche plans a Cayenne Electric amid a cooling EV market and the sunset of US EV incentives.

via Gear Patrol|
#business#ev-market#gas-powered-macan
Lucid Bets on Tesla S/X Exodus to Capture 350k U.S. Owners
business19 days ago

Lucid Bets on Tesla S/X Exodus to Capture 350k U.S. Owners

Lucid presents Tesla’s decision to retire the Model S and Model X as a major sales opportunity, estimating about 350,000 U.S. S/X owners could switch to its Air and Gravity, which offer more range, faster charging, premium interiors, and lower starting prices (Air from $71k vs Model S at $95k; Gravity from $80k vs Model X at $100k). It plans to sell roughly 25,000–27,000 vehicles this year, with Cosmos and Earth expanding mass-market appeal later; Tesla remains the U.S. EV leader, but the shift could boost rivals in the luxury segment amid Lucid’s production delays for Gravity.

via InsideEVs|
#business#electric-vehicles#ev-market
Nissan Delays Its Cheapest Leaf Variant Until 2027 Amid EV Market Shifts
technology1 month ago

Nissan Delays Its Cheapest Leaf Variant Until 2027 Amid EV Market Shifts

Nissan has confirmed that the entry‑level Leaf S with a smaller 52 kWh battery and 174‑hp drivetrain will not launch in the U.S. for the 2026 model year, with no firm timeline for 2027. While the Leaf remains Nissan’s most affordable EV, the delay—driven by market dynamics, tariffs, and competition—casts doubt on when a cheaper Leaf might reappear, and the company has kept its future battery configurations under review.

via InsideEVs|
#delays#electric-vehicle#ev-market
Tesla bets its future on humanoid robots, not cars
business2 months ago

Tesla bets its future on humanoid robots, not cars

Tesla signaled a dramatic pivot on its earnings call, planning to convert its Fremont Model S/X production space into an Optimus robot factory and pursue as many as 1 million humanoid robots per year. Musk frames Optimus as the key to universal abundance, but critics warn the goal risks eclipsing its core EV business as competition intensifies and tax credits fade; experts say humanoid robots face substantial technical and market hurdles and are unlikely to replace cars soon.

via CNN|
#business#elon-musk#ev-market
Tesla Loses Top EV Spot to China's BYD Amid Sales Decline
business3 months ago

Tesla Loses Top EV Spot to China's BYD Amid Sales Decline

Tesla lost its position as the world's top EV seller in 2025 due to declining demand, increased competition from Chinese automaker BYD and others, and brand reputation issues linked to Elon Musk's political activities. Despite lower sales and new model launches that haven't met expectations, investor optimism remains high, driven by Musk's focus on robotics and autonomous driving technology.

via Los Angeles Times|
#business#byd#electric-vehicles
Tesla's Q3 Profit Declines Despite Rising Sales and Robotaxi Plans
business5 months ago

Tesla's Q3 Profit Declines Despite Rising Sales and Robotaxi Plans

Tesla's quarterly profits declined for the fourth consecutive time despite a rise in vehicle sales, influenced by factors such as customers rushing to use a federal EV tax credit and increased diversification into AI and robotics. The company's revenue increased to $28.1 billion, but profit margins and earnings per share fell, raising concerns about demand and market competition. Elon Musk emphasized future growth in robotaxi and AI products, while investor confidence remains cautious due to ongoing challenges in the EV market.

via AP News|
#business#elon-musk#ev-market
RJ Scaringe Aims for Rivian to Rival Tesla with New Electric SUV
business5 months ago

RJ Scaringe Aims for Rivian to Rival Tesla with New Electric SUV

Rivian's CEO RJ Scaringe is optimistic about the upcoming R2 small electric SUV, which aims to compete with Tesla's Model Y by offering a more traditional SUV design, advanced tech, and a competitive price point of $45,000. The vehicle is seen as a critical model for Rivian's survival, with production starting in 2026, amidst a challenging EV market influenced by policy changes and competition. The success of R2 could significantly impact Rivian's future and the broader EV industry.

via Forbes|
#business#electric-vehicles#ev-market
Tesla Set for Q3 Earnings Surge and Stock Rally
business5 months ago

Tesla Set for Q3 Earnings Surge and Stock Rally

Tesla is set to report its Q3 earnings on October 22, with revenue expected to rise but adjusted earnings to decline over 20% YoY due to increased competition, price cuts, and market challenges. Despite a 7% increase in vehicle deliveries, Tesla faces headwinds from waning consumer incentives, declining market share, and geopolitical issues, though some competitors are retreating from the EV segment. Analysts forecast Tesla's earnings to grow significantly by 2029, with a potential for stock price doubling if valuations remain high, but current sentiment is cautious with a median target below the current stock price.

via Barchart.com|
#business#competition#ev-market