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Global exports of Chinese EVs hit a record $9.4 billion in April, and May saw 435,000 passenger EVs and plug-in hybrids shipped abroad — more than double the year before. The Strait of Hormuz blockade sent fuel prices soaring across Asia and Africa, pushing cost-conscious drivers toward electric alternatives faster than almost anyone predicted.
Britain's government cuts its 2030 EV sales target from 80% to 50% after industry lobbying, sparking backlash from Polestar and the charging sector. Meanwhile, China's EV giants race to build their own autonomous-driving chips, even as NIO's CEO warns the country's auto market could crater 15–20% this year.
Starmer Overrules Miliband as UK ZEV Mandate Gets Slashed
The UK government is poised to dramatically scale back its zero-emission vehicle mandate, reducing the target for electric car sales from 80% to just 50% by 2030. Prime Minister Keir Starmer is expected to announce the changes in the coming weeks following intense lobbying from car manufacturers and unions, who argued the original timeline was unattainable. Recent SMMT data shows EVs have accounted for just 23.9% of car registrations this year, far short of...
China’s Ministry of Industry and Information Technology released its 2026 automotive standardisation plan covering vehicle chips, AI, batteries, autonomous driving and low-carbon rules. The move aims to lock in dominance in EVs while exporting technical requirements worldwide. Rivals now face tighter benchmarks on everything from semiconductors to self-driving systems.
Rivian’s upcoming R2...