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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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Rivian

Volkswagen Bets Big on Rivian: $5 Billion Investment Shakes Up EV Industry

According to Bloomberg, Volkswagen has made a bold move in the electric vehicle (EV) market, agreeing to invest up to $5 billion in American EV startup Rivian. This partnership aims to accelerate the development of cutting-edge electric vehicle technology and software, potentially reshaping the automotive landscape. A Lifeline for Rivian Rivian, which has been struggling…

Tesla Expert Sanjay Lal Joins Volkswagen’s EV Software Drive, Volkswagen Races Ahead in EV Charger Installation
Germany

Germany Walks Tightrope as EU-China Trade War Looms

Germany finds itself in a precarious position as tensions escalate between the European Union and China over proposed tariffs on electric vehicles. The country’s deep economic ties with both sides have put it at the center of a brewing trade dispute that could have far-reaching consequences for the global automotive industry, reports The NY Times.…

EV Giant Nio Plans Drastic Job Reductions Amid Rivalry
China

China’s $230 Billion EV Gamble: Subsidized Yet Striking

China has poured a staggering $230.8 billion into its electric vehicle (EV) industry over the past decade, according to a new analysis by the Center for Strategic and International Studies (CSIS). This massive government support, representing nearly 19% of total EV sales from 2009 to 2023, has propelled China to the forefront of the global…

Tesla Expert Sanjay Lal Joins Volkswagen’s EV Software Drive, Volkswagen Races Ahead in EV Charger Installation
China

China Threatens Retaliatory Tariffs on EU Cars as Trade Tensions Escalate

Chinese Car Companies Demand 25% Tax on European Vehicles Chinese car companies have called on their government to impose import taxes of up to 25% on European Union (EU) rivals if the bloc follows through with its threat to impose tariffs on Chinese electric vehicles (EVs), according to state media reports. The demand was reportedly…

Fisker's New Wave of Funding: What's Next?
Fisker

Fisker’s Electric Dreams Crash as EV Startup Files for Bankruptcy

Fisker, the struggling electric vehicle startup, has filed for Chapter 11 bankruptcy amid mounting financial woes and production challenges. The company, known for its Fisker Ocean electric SUV, had previously warned of a potential collapse due to insufficient funds to survive another year, reports CNN. In a statement, a Fisker spokesperson acknowledged the difficulties faced…

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