#Bloomberg
Latest EV news tagged #Bloomberg

Canada Considers Limits on Tesla and BYD Under New EV Quota System
The policy, which took effect in March, allows eligible imports at a 6.1 percent tariff rate and opens the door for both Chinese and global EV makers to expand sales in Canada.

Rivian Awards CEO RJ Scaringe $402 Million as Performance Targets Drive Payout
The total package likely ranks among the biggest annual CEO payouts ever.

BYD Targets 1.5M Overseas EV Sales in 2026 Amid Global Expansion
The Chinese NEV giant is aiming to expand its footprint across key regions including Europe, North America, and Southeast Asia.

Ford CEO Jim Farley Floats Plan for Chinese EVs Built in U.S.
The proposal, according to Bloomberg, would mirror the structure China once required of foreign carmakers entering its domestic market.

Porsche Reconsiders Electric 718 Boxster and Cayman Amid Cost Pressures
The decision would mark a significant retreat from Porsche’s original plans for electric sports cars.

Ford CEO Jim Farley Defends CATL Battery Licensing Strategy
The comments addressed criticism surrounding Ford’s partnership with CATL and its broader battery strategy.

Rivian to Draw On $6.6B US Government Loan After Georgia Plant Buildout
McDonough confirmed that the $6.6 billion loan, finalized in January, will support Rivian’s expansion strategy as it scales toward profitability.

Lucid’s Production Hits All-Time High, Yet Tesla and Rivian Keep Pulling Ahead
The EV maker’s third-quarter production hit 3,891 units, missing Bloomberg’s 5,621-unit forecast.

Volkswagen Pauses EV Production at Two German Plants Amid Slower Demand
The Zwickau factory will halt production for a week in October.

Rivian Widens 2025 Loss Forecast, Citing Tariffs and EV Tax Credit Phase-Out
The EV startup reported $1.303 billion in revenue, slightly beating expectations, but missed on earnings.

Used EV Buying Checklist
Buying a used EV? Our checklist helps you inspect battery health, charging history, and key tech to ensure a smart purchase.

Lucid Interim CEO Warns Trump Tariffs Will Hike EV Prices Even For US Buyers
Lucid Motors interim CEO Marc Winterhoff shared his warning in an interview with Bloomberg TV.

BYD Hits 1 Million Deliveries for Smart Driving Edition Models
BYD is also preparing to launch its largest over-the-air software update for its smart driving system.

BYD Halts Mexico Plant Plans Amid US Trade Tensions, Claims Bloomberg
BYD had been exploring three locations in Mexico for a new plant

BYD Launches M9 MPV in Mexico with 587-Mile Range
The M9 is BYD’s first hybrid multi-purpose vehicle (MPV) offering in Mexico.

BYD Surpasses Tesla in BEV Registrations in Europe for the First Time
BYD’s BEV registrations have seen a 169% year-over-year increase, while Tesla’s registrations have fallen 49%.

Lucid Motors Urges Saudi Arabia to Impose Tariffs on Foreign Vehicles
The comments were shared by Lucid Interim CEO Marc Winterhoff.

Polestar 2’s Successor Confirmed: New Strategy And New Models On The Way
Polestar’s New CEO Reveals Plans For Six Distinct Models, Including A Next-Gen Polestar 2, While Shifting Production To Europe And Targeting Growth

The EV Shift: A Rising Force Despite Skepticism and Unlocking Future Potential
Once Met With Skepticism, EVs Are Gaining Momentum As They Shift To Mainstream Through Innovation, Lower Costs, And Strong Policy Support

EV Battery Prices Soar Downward: A 20% Price Drop In 2024
With Costs Down 20%, BloombergNEF Estimates That The $100/kWh Milestone Is Within Reach, Accelerating The Global Shift To EVs