Author: Andy Williams

Ford lowered its 2025 profit forecast after a fire at a key aluminum supplier in New York disrupted production of its F-150 pickup trucks and other high-margin vehicles. The September fire at the Novelis plant in Oswego will cost Ford between $1.5 billion and $2 billion before taxes and interest, the company said, though it expects to offset about $1 billion of that next year. See also: Ford Reaffirms 2050 Carbon Neutrality Goal, Highlights Progress in Emission Reductions “We have made substantial progress in a short time to minimize the impact in 2025 and recover production in 2026,” Chief Executive…

Rivian is planning to lay off more than 600 employees, or about 4% of its total workforce, as part of ongoing cost-cutting efforts amid a challenging electric vehicle (EV) market, the Wall Street Journal reported on Thursday, citing people familiar with the matter. The move follows a smaller round of layoffs about a month ago that affected roughly 1.5% of staff. Rivian has been working to streamline operations and reduce expenses as it continues to face high production costs, sluggish EV demand, and intensifying competition from automakers such as Tesla, Ford Motor, and several Chinese manufacturers. See also: Rivian Officially…

Jaguar TCS Racing has revealed its Jaguar I‑TYPE 7 in a new livery for the 2025/26 ABB FIA Formula E World Championship, ahead of official pre‑season testing in Valencia from October 27 to 31. The team enters the new season with updated leadership and a refreshed driver lineup. The revised livery maintains Jaguar TCS Racing’s signature black, white, and gold palette, with geometric elements designed to reflect the team’s modern and forward-looking approach. Newly appointed Team Principal Ian James will lead the team, alongside drivers António Félix da Costa, 2019/20 World Champion, and long-standing Jaguar driver Mitch Evans. The pair…

Solaris Bus & Coach and Miejskie Zakłady Autobusowe (MZA) Warsaw have signed a fresh contract for the delivery of 50 articulated battery-electric buses, marking another milestone in the Polish capital’s push toward sustainable public transport. The new Solaris Urbino 18 electric models are scheduled to arrive in the second half of 2026. The latest agreement comes shortly after MZA placed an order for 79 Solaris electric buses, underscoring Warsaw’s steady commitment to lowering emissions across its transit network. See also: GZM Metropolis Orders 42 Solaris Electric Buses for Świerklaniec Fleet Expansion The Urbino 18 electric stands out with its modular…

Tesla has reduced lease prices for the Model 3, Model Y, and Cybertruck in the United States, lowering monthly payments by as much as 23%. The update, which appeared on Tesla’s website this week, also included a notice stating that “prices increase in November,” leading some customers to mistakenly believe the change applied to vehicle purchase prices rather than leases. The clarification came after users noticed the new pricing details on Tesla’s Current Offers page, where the company specifies that the November adjustment refers exclusively to lease programs. Vehicle purchase prices in the U.S. remain unchanged for now. See also:…

Xpeng exported 5,004 vehicles in September, reflecting a 79.4 percent increase from the same month last year and a 65.8 percent rise compared with August, according to data shared by the company on Weibo. From January to September, Xpeng’s total exports reached 29,723 units, up 125.2 percent year-on-year. The figures were released alongside rankings from Chinese automotive outlet Yiche, which placed Xpeng 17th among automakers exporting the most vehicles from China. See also: Xpeng Appoints New Smart Driving Chief as AI Push Accelerates Chery led the list with 138,714 units, followed by BYD with 69,258 units, while Tesla ranked eighth…

Toyota is moving closer to producing its smallest electric vehicle, the FT-Me, following a £15 million ($20 million) grant from the UK government’s DRIVE35 program. The pint-sized electric car, measuring just 2.5 meters (98 inches) long, is designed for urban mobility and features a solar roof intended to extend its range. The funding, managed by the Advanced Propulsion Centre UK, forms part of a £30.3 million ($40.5 million) project, with Toyota expected to contribute the remaining £15 million. See also: Toyota and Sumitomo Metal Mining Advance Development of Cathode Materials for Solid-State EV Batteries The project involves several partners, including…

Formula E has confirmed its final calendar for Season 12 following the recent FIA World Motorsport Council (WMSC) meeting, featuring 17 races across 10 venues. The updated schedule removes the previously undecided May 30 race, marking one of the longest seasons in the championship’s history and the final campaign of the Gen3 era. The new season begins on December 6, 2025, at São Paulo’s Sambadrome before heading to Mexico City on January 10 for the series’ 150th race. Subsequent rounds include stops in Miami, Jeddah, Madrid, Berlin, Monaco, Sanya, Shanghai, Tokyo, and London. Notably, China will host two events —…

Electrify America has received the EV Charging Innovation Excellence Award at the 2025 Battery Awards, held during The Battery Show North America. The honor recognizes the company’s efforts in advancing electric vehicle (EV) charging infrastructure through large-scale deployment of battery energy storage systems (BESS) that support its nationwide Hyper-Fast charging network. See also: Electrify America, Royal Farms to Add EV Fast Chargers at Maryland Stores The award highlights Electrify America’s progress in improving access to high-speed EV charging while addressing grid limitations that can restrict deployment. The company has installed more than 170 BESS units—representing over 65,000 kilowatt-hours of storage…

GAC Group has introduced its AION V electric SUV to Finland, marking the company’s third market entry in Europe and a key milestone in its broader “European Market Plan.” The launch, conducted in partnership with global automotive distributor Inchcape, highlights GAC’s growing commitment to expanding its presence across the continent and advancing sustainable mobility in the Nordic region. The AION V is positioned as a technologically advanced electric SUV that meets European expectations for safety and efficiency. The model delivers a WLTP range of 510 kilometers and has earned the 2025 Euro NCAP five-star safety rating, underscoring its emphasis on…

The United Arab Emirates has taken a major step toward smart mobility with the launch of its first commercial fleet of autonomous electric trucks, developed through a partnership between Evocargo and RAK Ceramics. The deployment, located in the Al Jazeera Al Hamra industrial zone, marks a breakthrough for the nation’s logistics industry as it embraces both automation and sustainability. The Evocargo N1 trucks are now in daily operation, transporting ceramics and sanitary ware for RAK Ceramics. With a range of up to 200 kilometres per charge, the self-driving vehicles navigate complex industrial environments, processing road signs and infrastructure data in…

The global race to dominate the autonomous vehicle sector is accelerating, with robotaxi services leading the charge, according to a new report by market intelligence firm IDTechEx. The study forecasts an exponential rise in software revenue from self-driving taxis over the next two decades, underscoring fierce competition among technology developers and automakers in the United States, China, and Europe. The report, titled “Autonomous Driving Software and AI in Automotive 2026-2046: Technologies, Markets, Players,” predicts a 1,000-fold increase in robotaxi software revenue through 2046. It identifies major players such as Waymo, Tesla, Zoox, and May Mobility in the U.S., and Baidu’s…