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Ferrari’s $650,000 electric sedan, the Luce, sparked an 8% stock drop and fierce criticism from former chairman Montezemolo, senator Calenda and transport minister Salvini over its controversial design.
Ferrari’s first all‑electric sedan, the Luce, designed with Jony Ive, drew harsh fan criticism and triggered a 7% drop in the company's Milan‑listed shares.
Ferrari unveils its first electric vehicle, the Luce, designed with Jony Ive’s LoveFrom, blending Apple-inspired aesthetics with high-performance EV specs, sparking mixed reactions among enthusiasts.
Ferrari finally reveals the Luce, its first electric supercar, boasting over 1,000 hp, a 122 kWh battery and a design partnership with Jony Ive's LoveFrom studio.
Xiaomi slashes the price of its YU7 SUV to $34,300, offering 643 km range, air suspension and LiDAR, positioning it $4,350 below Tesla's Model Y and aiming to revive slipping sales in China.
Mercedes-AMG unveils its most powerful electric GT 4-Door with 1,153 hp, challenging Porsche's Taycan with advanced 800V technology and rapid charging.
Volvo says a new, larger yet affordable electric vehicle will arrive in the US in 2027, following the EX30's recall‑driven exit and the launch of the higher‑priced EX60 SUV.
Porsche is shutting down its e-bike subsidiary, battery-cell firm, and software company, laying off around 350 workers as it refocuses on core automotive business.
Tesla recalls 173 Cybertrucks over brake rotor issue that could cause wheels to detach while driving.
Mercedes-Benz launches its first all-electric C-Class, combining sporty performance with advanced tech features like bidirectional charging and AI-powered systems.
Finnish startup Donut Lab claims its solid‑state battery can hit 400 Wh/kg, charge in five minutes and reach 100,000 cycles, but experts say key data remain unverified as industry giants race toward mass production.
UK clean tech company Altilium secures £18.5m government grant to build the country's first commercial EV battery refinery, processing 24,000 batteries annually with 74% lower emissions.
