A major chapter in US clean energy policy is nearing its end. Federal subsidies for electric vehicles under the Inflation Reduction Act (IRA) are set to expire on September 30, marking a pivotal moment for automakers navigating a complex and often contradictory policy environment.
Porsche, the German luxury sports carmaker long known for its precision engineering and speed, has abruptly reversed course on its electric vehicle (EV) ambitions, announcing a sweeping strategic pivot back toward internal combustion engine (ICE) vehicles. The move underscores the deepening challenges premium auto brands face as they attempt to navigate the turbulent transition to electrification — and the steep price of getting it wrong.
After months of sluggish demand, Europe's car market finally posted a sign of recovery in August 2025 — a hopeful signal driven less by consumer enthusiasm and more by the tightening grip of regulatory pressure.
Mitsubishi Motors' new electric vehicle (EV) for the European market, the Eclipse Cross, along with Nissan's compact electric Micra, will be produced at the factory of Renault Group's EV-focused subsidiary Ampere in Douai, France. Both Japanese automakers' new models, built on Renault's electric vehicle platforms, are slated to debut in Europe by the end of 2025.
At the recently concluded IAA Mobility auto show in Munich, BYD, China's electric vehicle giant, outlined its roadmap for solidifying its position as the world's top EV manufacturer. With a three-pronged approach — global-scale sales, localized supply chains, and rapid-charging technology — BYD is accelerating its international expansion and distancing itself from rivals, including Tesla.
While North American consumers have yet to feel the full force of the shift, a seismic transformation is quietly rippling through the global auto industry—one that originates not in Detroit, Tokyo, or Munich, but in China. Over the past five years, Chinese electric vehicles (EVs) have surged from the fringes to the forefront of the automotive world, triggering what experts increasingly describe as a market "tsunami" that threatens to upend the status quo.
In the ongoing transformation of the global automotive industry, one shift stands above the rest: the rise of the software-defined vehicle, or SDV. More than a technological upgrade, the move toward SDVs is reshaping vehicle architecture, supply chains, and the strategic priorities of automakers and semiconductor companies alike.
