Author: john@provenroi.com
Tesla, known for its dominance in the electric vehicle market, is facing a slip in its grip on California’s EV market, according to a recent report from the California New Car Dealers Association (CNCDA). The report revealed that in 2024, Tesla’s new vehicle registrations dropped by 11.6%, marking the company’s fifth consecutive quarter of decline. In Q4 alone, registrations fell by 7.8%, while Tesla’s overall EV market share decreased from 60% in 2023 to 52.5% in 2024. Despite experiencing a decline, Tesla remains one of the most popular brands in California. However, its total market share (including all powertrains) dropped…
Greenland has the potential to become a significant source of raw materials for electric vehicle batteries, according to industrial interests. Although mining in Greenland has been challenging in the past due to Arctic conditions and ice cover, the receding glaciers resulting from climate change could make mineral deposits more accessible, as reported by The Lever. A 2023 European Commission survey identified Greenland as having deposits of 25 out of 34 minerals classified as “critical raw materials,” including nickel and cobalt essential for batteries. The Arctic Economic Council stated in a September 2024 report that Greenland is one of the largest…
Elon Musk, the CEO of SpaceX, is facing a setback as the Canadian province of Ontario has decided to cancel a $100 million deal with his company. This decision comes in response to the Trump administration’s imposition of a 25 percent tariff on Canadian imports. The deal in question was for Starlink, a satellite-based internet service launched by SpaceX. Premier Doug Ford of Ontario announced the cancellation of the contract, stating that the province will no longer do business with American companies as long as the tariffs are in place. Ford made it clear that Ontario will not support businesses…
Tesla Insurance is now offering a new discount program for users in Texas and Arizona who utilize the Full Self-Driving (FSD) feature on their Tesla vehicles. This program allows users to receive up to a 10% discount on their insurance premiums if they drive 50% or more of their miles with FSD engaged. The introduction of this discount program comes as Tesla continues to push its FSD software as a key component of its autonomous driving technology. CEO Elon Musk has been vocal about the company’s focus on AI and autonomy, positioning Tesla as more than just a car manufacturer.…
Ontario Premier Doug Ford Takes Stand Against U.S. Tariffs, Cuts Ties with Starlink In a bold move against U.S. tariffs, Ontario Premier Doug Ford announced that American companies will be banned from bidding on provincial contracts until the trade measures are lifted in Canada. This decision will result in U.S. businesses losing access to tens of billions in government spending, as Ontario and its agencies allocate $30 billion annually towards procurement, in addition to a $200 billion infrastructure plan. One significant repercussion of this decision is Ontario cutting ties with Starlink, the satellite internet provider owned by Elon Musk. The…
Tesla Model Y Remains Europe’s Best-Selling BEV in 2024, But Tesla Faces a Sluggish Start in 2025 The Tesla Model Y held on to its title as Europe’s best-selling battery-electric vehicle (BEV) in 2024. Showing its dominance in the BEV market, the accomplishment was achieved despite a 17% drop in registrations. Despite facing some challenges, Tesla managed to maintain its position at the top of the BEV market in Europe. The Model Y’s popularity can be attributed to its impressive range, performance, and overall value for money. However, the start of 2025 has not been as smooth for Tesla. The…
Xiaomi, the renowned Chinese smartphone brand, has recently ventured into the electric vehicle market with the launch of its own car, the SU7. This move has garnered significant attention as Xiaomi managed to achieve what Apple couldn’t – entering the automotive industry. The SU7 quickly gained popularity and became a sales hit, with over 135,000 deliveries reported in 2024. This success has paved the way for Xiaomi to expand its electric vehicle lineup, with plans to introduce an SUV later this year. This strategic move is expected to further boost Xiaomi’s sales growth and solidify its position in the competitive…
Honda Ohio EV Hub to commence EV production in late 2025 on 0 Series platform Acura RSX, Honda 0 SUV, Honda 0 Saloon, and Afeela 1 to be produced Mix of EVs, hybrids, and gas models on single Marysville assembly line Processes for EVs to enhance ICE models as well Recent years have posed a unique challenge for automakers, with fluctuating EV supply, market demand, and regulatory shifts prompting decisions on dedicated EV plants. Honda remains committed to achieving 100% electric vehicle sales by 2040 and zero environmental impact by 2050. The company aims for 40% EV sales in North…
Elon Musk recently revealed that U.S. President Donald Trump has reportedly agreed to the idea of shutting down the U.S. Agency for International Development (USAID). This update came during an X Spaces session where Musk discussed the issue with Vivek Ramaswamy, Iowa Senator Joni Ernst, and Utah Senator Mike Lee. The controversy surrounding USAID escalated over the weekend when reports emerged that DOGE, a team associated with Elon Musk, had targeted the agency. According to Fox News, over 50 senior USAID staff members were placed on administrative leave, and there were claims that the DOGE team had gained access to…
A recent test conducted in Finland saw volunteers driving 41 different electric vehicles (EVs) on a 621-mile course in freezing temperatures. Surprisingly, most of the EVs completed the trip in less than 14 hours, including charging stops, which is on par or even faster than traditional combustion cars. This challenges the common concerns around range anxiety and charging anxiety that often deter potential EV owners. The test, known as the Finlandwide Light Vehicles Testing Procedure, aimed to compare the performance of EVs against combustion cars on the same route. With temperatures hovering between 33.8 and 24.8 degrees Fahrenheit (-1 to…