In a move that's raised both eyebrows and expectations, Chinese home appliance giant Dreame Technology, best known globally for its robotic vacuums and hairdryers, has formally announced its entry into the electric vehicle (EV) industry. The ambitious pivot—complete with plans to build a manufacturing hub near Tesla's Berlin Gigafactory—has prompted one central question: Is Dreame chasing a fantasy, or is it poised to engineer a revolution?

The US electric vehicle (EV) market is approaching a key inflection point. On September 30, federal tax credits under the Inflation Reduction Act (IRA) — up to US$7,500 for new EVs and US$4,000 for used — are set to expire. While the change is unlikely to trigger a sharp collapse in demand, analysts say it will mark a shift toward a more fundamentals-driven market.

Under the banner of "America First," President Donald Trump sought to revive US manufacturing by wielding tariffs as a blunt-force economic tool. The intent was clear: bring factories and jobs back home. But on the ground, the results have been far more complicated — and in many cases, counterproductive.

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.

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.