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June 26, 2025

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EV

Maruti Suzuki cuts EV production amid rare earths crisis
Maruti Suzuki cuts EV production amid rare earths crisis

India's top carmaker plans to make about 8,200 e-Vitaras between April and September, versus an original goal of 26,500, Reuters reports

Tesla to delay US launch of affordable EV
Tesla to delay US launch of affordable EV

Tesla aims for 250,000 cheaper Model Ys in US in 2026 while it faces challenges of aging models, Musk political activity, and tariffs

Tesla sales plunge as Musk backlash grows
Tesla sales plunge as Musk backlash grows

The stumbling sales indicate that the one-time leading brand is reeling from the fallout of the company delaying launches for years, and Musk's foray into politics

India backs EV tariff cuts for Trump trade deal
India backs EV tariff cuts for Trump trade deal

While the duty cut is a boost for Tesla, it is a setback for India's Tata, Mahindra and carmakers fear immediate cuts will hurt investments

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