evhicle

In response to US tariffs on Chinese goods, China threatens up to 25% tariffs on EU, US imports, particularly targeting EVs. This retaliation stems from trade tensions involving EVs, with China challenging both EU and US actions. The looming tariffs could significantly impact automakers and escalate global trade tensions. China's strategic threats aim to counteract unfair subsidies and signal resolve amidst a complex international trade landscape. Source

Tesla unveils new Lunar Grey paint for Model S and Model X at $2,500 extra cost. Known for limited color options, Tesla adds Lunar Grey to satisfy demand for customization while maintaining production efficiency. Described as silver with a metallic effect and subtle blue tint, the new paint enhances the sleek design of the vehicles. The move reflects Tesla's responsiveness to customer feedback and desire for more premium customization options. Source

Nissan gears up for next-gen LEAF production at Sunderland plant amid challenges. With over 650,000 LEAF models sold worldwide, new competition poses hurdles. A $3.8 billion investment signals a shift to electric vehicle production, starting with the next-gen LEAF. Energy cost concerns and the need for workforce training add to the complexity. Nissan aims to enhance renewable energy use while redesigning the LEAF for increased range and competitiveness in a shifting market. Source

Volkswagen and Renault's plan for an affordable EV alliance falls apart. Facing pressure from low-cost Chinese electric cars, Renault sought collaboration with VW to no avail. The jointly developed budget electric car won't materialize. Renault moves forward independently with new next-gen Twingo. VW's next move remains unclear. Entry-level EV competition intensifies in Europe, with offerings like the Dacia Spring and Citroën e-C3 shaking up the market. In the US, automakers focus on electric SUVs, with some affordable non-SUV options available. Source

Game-Changing BYD Seagull EV storms into Europe with a starting price under $10,000, challenging legacy brands. Powered by cutting-edge Blade batteries, it offers premium features and competitive range. Despite potential tariffs and competition, BYD aims to sell in Europe for less than $21,500. Meanwhile, Tesla cuts Model Y production in China due to declining demand and fierce competition. Lucid announces 400 job cuts amidst industry challenges. Should Tesla fast-track a refreshed Model Y? Source

A New York official criticizes Elon Musk's $56 billion pay package at Tesla, calling for a more independent board. Shareholders divided on Musk's plan to boost AI and robotaxis versus focusing on EVs. Concerns raised about lack of succession plan, Musk's distractions, and board governance. June 13 shareholder vote to decide Tesla's direction: tech-driven growth or back to EV roots. High stakes for Tesla's future. Source