The Future Fund, an active ETF managed by Gary Black, has trimmed its Tesla holdings despite the company’s stock performance. Black expressed concerns about the impact of Tesla’s price cuts on earnings and the viability of its robotaxi technology. However, Tesla remains a top performer for the fund, with a 29% gain in 2024.
Results for: Electric Vehicles
China’s BYD, a leader in affordable electric vehicles, faces significant hurdles in expanding to the US and Canada due to hefty tariffs imposed by both countries. These tariffs threaten to disrupt the global race to make EVs more accessible and could impact the overall affordability of electric vehicles worldwide.
Range Rover, the iconic British luxury SUV brand, is making a bold move into the electric vehicle market, driven by strong demand for their hybrid models and a commitment to sustainable mobility. With the upcoming launch of the fully electric Range Rover and the introduction of new platforms dedicated to electric vehicles, Range Rover is poised to become a leader in the premium EV segment.
The 2024 US Presidential election has delivered a seismic shift in the political landscape, with Donald Trump’s victory sending ripples across various sectors. This article delves into the immediate impact of Trump’s win on the electric vehicle market, pharmaceutical industry, and the Democratic Party, while examining the reactions of key figures like Bernie Sanders, Anthony Scaramucci, and Elon Musk.
After a brief hiatus from the US EV market, Mazda is making a strong return with plans for a new electric SUV and a hybrid system for its popular CX-5 crossover. This move indicates Mazda’s commitment to electrification and hints at exciting new offerings for American consumers.
Hyundai’s popular Ioniq 5 electric SUV is getting a significant upgrade for 2025. The new model boasts extended range, a rugged XRT trim, and the addition of Tesla’s NACS charging port. While the price has increased slightly, the Ioniq 5 remains eligible for federal tax credits, and the new model is now manufactured in Hyundai’s new Georgia plant.
The global battery market is on track for explosive growth, fueled by the rise of electric vehicles and advancements in battery technology. This report examines key trends, challenges, and opportunities within this evolving market, highlighting the pivotal role of AI in shaping the future of energy storage.
XPeng, a leading electric vehicle manufacturer, hosted its XPENG AI Day event, showcasing groundbreaking advancements in autonomous driving, flying cars, and AI robotics. The company launched the world’s first AI-defined vehicle, the XPENG P7+, and unveiled its innovative Kunpeng Super Electric System with ultra-fast charging capabilities. With a focus on AI innovation, XPeng is shaping the future of mobility.
Tesla has launched a leasing program for its futuristic Cybertruck, making the electric pickup truck accessible for a monthly payment of $999. This move comes as Tesla ramps up Cybertruck production and sales, aiming to capture a larger share of the growing EV truck market. Find out if leasing a Cybertruck is a worthwhile option for you.
General Motors (GM) is shifting gears in its production strategy. The company will end production of the Cadillac XT4 SUV at its Fairfax Assembly plant in Kansas in January 2025, transitioning the facility to produce the next generation of Chevrolet Bolt EVs. This move marks a significant step in GM’s commitment to electric vehicles, aiming to boost its EV sales and compete with Tesla’s dominance in the market.