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Haye Kesteloo

Haye Kesteloo is the Editor in Chief and Founder of EVXL.co, where he covers all electric vehicle-related news, covering brands such as Tesla, Ford, GM, BMW, Nissan and others. He fulfills a similar role at the drone news site DroneXL.co. Haye can be reached at haye @ evxl.co or @hayekesteloo.

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Jaguar Land Rover

Jaguar Land Rover Posts Decade-High Profits, Gears Up for Electric Vehicle Push

Jaguar Land Rover (JLR), Britain’s largest automotive employer, has reported its strongest profits in a decade, reaching $3.14 billion (£2.5 billion) for the 2024-25 financial year, up from $2.77 billion (£2.2 billion) the previous year, despite looming U.S. tariff uncertainties. The Indian-owned automaker, part of Tata Motors, is accelerating its electric vehicle (EV) strategy, preparing…

GM

GM Unveils Breakthrough LMR Battery Tech for 400-Mile Range EVs

General Motors (GM) has announced a significant advancement in electric vehicle (EV) battery technology, partnering with LG to develop lithium manganese-rich (LMR) batteries that promise a 400-mile range. This new chemistry, set to power GM’s upcoming electric trucks and SUVs by 2028, aims to make EVs more affordable and efficient while addressing ethical concerns tied…

Polestar

Polestar Appoints Rick Bryant as New North America Leader to Drive EV Growth

Polestar, the Swedish electric vehicle (EV) manufacturer, has named Rick Bryant as its new Head of North America, effective May 12, 2025, as the company aims to capitalize on its recent sales surge. Bryant’s appointment, announced in a company statement, follows a 76% year-over-year increase in global sales, with over 12,300 vehicles sold in Q1…

Tesla

Bollinger Motors Faces Receivership as $148M Electric Truck Startup Struggles

Bollinger Motors, a Michigan-based electric vehicle (EV) startup focused on commercial trucks, has been placed into receivership following a court ruling, signaling severe financial distress for the company that raised $148 million but produced only 40 trucks. According to Automotive News, a Michigan judge granted founder Robert Bollinger’s request to freeze the company’s assets after…

Polestar

Polestar Slashes Quarterly Loss by 31% as Cost-Cutting and EV Sales Surge

Swedish electric vehicle maker Polestar announced a significant 31% reduction in its quarterly loss on Monday, signaling that its aggressive cost-saving measures and focus on higher-priced models are paying off. Amid a challenging global EV market, the company, backed by China’s Geely Holding, reported a net loss of $190 million for the first quarter ending…

Tesla

Vertical Aerospace’s Hybrid-Electric VX4 Air-Taxi Targets New Markets with Extended Range

Vertical Aerospace announced a hybrid-electric variant of its VX4 air-taxi on May 12, 2025, aiming to expand into defense, logistics, and other commercial markets with a projected range of up to 1,000 miles, reports Reuters. This development underscores the growing role of hybrid technology in electric aviation. Hybrid Powertrain Enhances Electric Aviation The hybrid-electric VX4…

Hyundai

Hyundai Delays $730M Hypercasting Plant Amid EV Demand Dip and U.S. Tariffs

Hyundai Motor Group has postponed the launch of its $730 million hypercasting facility in Ulsan, South Korea, from 2026 to potentially 2028, driven by softening global electric vehicle (EV) demand and a 25% U.S. tariff on imported vehicles, according to Seoul Economy via The Korean Car Blog. This delay impacts Hyundai’s plans to adopt advanced…

Xiaomi

Xiaomi Partners with Nürburgring to Advance Electric Vehicle Innovation

Xiaomi, the Chinese technology giant, has secured a premium partnership with the Nürburgring, the world’s longest permanent racetrack, to bolster its electric vehicle (EV) development and brand visibility. This collaboration, announced on Nürburgring’s official site, marks a significant step for Xiaomi’s automotive ambitions, highlighted by a record-setting lap and prominent advertising installati

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