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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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Lucid's Bold Move: Expanding EV Lineup to Challenge Industry Giants
Lucid

Lucid Motors Faces Backlash Over $7,600 Lease-End Bill As EV Startup Revises Wear Policies

Lucid Motors is scrambling to contain a customer relations crisis after lease-return customers reported receiving excessive wear-and-tear bills reaching thousands of dollars for minor cosmetic damage. One customer’s jaw-dropping $7,600 charge for issues including a nearly $5,000 taillight replacement has sparked widespread complaints on Reddit and owner forums, forcing the financially struggling E

Volkswagen

Volkswagen Secures $426M Brazilian Loan to Accelerate Hybrid Development as EV Strategy Falters

Volkswagen has secured 2.3 billion reais ($425.62 million) in credit lines from Brazil’s state development bank BNDES to accelerate hybrid vehicle development across South America, according to Reuters. The German automaker announced Friday it will use the financing to offer hybrid versions of all new vehicles developed and manufactured in the region starting in 2026.…

Ford

Ford CEO Issues Dire Warning: China Can “Put Us All Out Of Business” With Existing Capacity

Ford CEO Jim Farley has escalated his warnings about Chinese automotive dominance to existential levels, declaring that China’s manufacturing capacity could single-handedly destroy the entire North American auto industry. In a stark CBS Sunday Morning interview that aired October 26, Farley compared the Chinese threat to 1980s Japan “on steroids”—his most alarming public assessment yet…

Tesla’s Parked Fleet as Global AI Network: Musk’s Bold Vision Faces Reality Check
Tesla

Tesla’s Parked Fleet as Global AI Network: Musk’s Bold Vision Faces Reality Check

Elon Musk floated an audacious idea during Tesla’s Q3 2025 earnings call that flew under the radar: transforming the company’s millions of parked vehicles into a massive distributed computing network for artificial intelligence. The proposal, shared by Tesla analyst Nic Cruz Patane on October 28, suggests using idle Teslas as AI inference processors when they’re…

EV Tensions Rise: EU Launches Subsidy Probe, China Reacts Strongly
China

China’s EV Boom Ends Golden Week Gasoline Surge, Cutting Fuel Demand 9% Year-Over-Year

China’s electric vehicle revolution has reached a historic milestone: for the first time, the country’s October “Golden Week” holiday saw gasoline demand fall instead of surge, dropping 9% year-over-year to 12.5 million tons despite record travel, according to Reuters. The shift marks a fundamental turning point in the world’s largest oil market, where EVs are…

Volkswagen to Ditch ID Moniker for Traditional Names on Electric Vehicles
Porsche

Volkswagen Posts €1.3 Billion Loss As Porsche’s EV Disaster And Trump Tariffs Deliver Double Blow

Volkswagen Group reported a €1.3 billion ($1.4 billion) operating loss for the third quarter of 2025, marking the German automaker’s first quarterly loss since the pandemic as it absorbs massive charges from Porsche’s failed electric vehicle strategy and President Trump’s punishing import tariffs. The Times reported that Europe’s biggest carmaker swung from a €2.8 billion…

Porsche’s Electric 718 Cayman Disguises Itself As A 911 At Nürburgring
Porsche

Porsche’s Electric 718 Cayman Disguises Itself As A 911 At Nürburgring

Porsche is testing heavily camouflaged electric 718 Cayman prototypes at Germany’s Nürburgring circuit, with the sports car wearing fake bodywork designed to make it resemble a 911. The testing comes as Porsche posts its first quarterly loss ever—a staggering $1.1 billion wipeout—while simultaneously developing both electric and combustion versions of its entry-level sports car for…

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