Italian carmaker, now a Stellantis subsidiary.
Slate Auto has unveiled a bare‑bones two‑seat electric pickup with a $24,950 base price and a two‑row SUV conversion starting at $29,950. The company has raised the base EPA range estimate to about 205 miles, is taking preorders with a $300 deposit, and plans production to begin in late 2026 with direct online sales.
Major automakers have pulled several electric models and cancelled projects after federal tax credits ended in 2025, while Q2 2026 US EV sales have recovered sequentially to about 247,226 units. Higher fuel prices, state rebates and low‑cost entrants such as Slate, Fiat Topolino and Chinese brands in Europe are reshaping supply, pricing and consumer demand.
A wave of Chinese automakers is expanding into Europe and the UK, challenging traditional premium brands. Zeekr, BYD and others are pursuing UK launches while major players like Geely, Volvo and Lucid push into premium segments. European and US automakers are restructuring to cope with China’s rising export power and shifting supply chains.
Volkswagen has agreed to sell its Osnabrück factory to Aurelius Capital and the state of Lower Saxony and has announced an initial partnership with Rafael Advanced Defence Systems to produce air‑defence components from mid‑2027. The deal will secure at least 1,200 jobs and forms part of VW's broader Future Plan 2030 restructuring and 100,000 job reductions.
Emma Bonino, a relentless advocate for abortion rights and humanitarian causes, has died at 78. Her decades-long work spanned Italy and the European Union, from legalizing abortion to shaping EU humanitarian policy. Tributes emphasize her fearless defense of freedom and civil rights.