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Jul 18

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VinFast

VinFast Losses Nearly Double to $911M as Premium EV Strategy Collapses Against Chinese Competition

Vietnamese EV maker VinFast reported staggering third-quarter losses of $910.85 million, nearly double the $503 million lost in the same period last year, as the company’s premium pricing strategy crumbles under pressure from cost-efficient Chinese competitors. Despite achieving 47% revenue growth, VinFast’s gross margins deteriorated to negative 56.2%, meaning the company loses more than half…

Haye KestelooNov 21

Ford

Ford UK Chief Warns Against EV Tax As Company Loses $1.4 Billion Per Quarter

Ford’s UK managing director is pushing back against proposed electric vehicle taxation just weeks after the U.S. federal tax credit expiration triggered the exact market collapse she’s warning about—exposing how legacy automakers built EV strategies dependent on perpetual government subsidies rather than genuine competitiveness. Lisa Brankin, Ford UK’s chair and managing director, told the BBC’s…

Haye KestelooNov 20

BYD to Double European Dealers to 2,000 by 2026, Confirms Multi-Factory 'Localization' Strategy

Tesla

UK Targets Chinese EVs With Military Ban Over Unproven Spying Fears—Importing America’s DJI Playbook

The UK Ministry of Defence is considering a blanket prohibition on Chinese-manufactured electric vehicles for military personnel, citing concerns that built-in cameras and microphones could enable espionage. The move follows months of restrictions at sensitive military sites and mirrors security theater tactics the United States previously deployed against Chinese drone manufacturer DJI—despite a

Haye KestelooNov 19

Xiaomi Enters Electric Vehicle Market with Ambitious Goals

Tesla

Xiaomi Beats Tesla to Profitability in Just 19 Months: The ‘Smartphone on Wheels’ Model Works

Xiaomi’s EV division posts a $98 million profit in Q3 2025, validating a “ruthlessly efficient” consumer tech strategy that puts Apple’s failed car project to shame. Xiaomi has achieved the holy grail of the electric vehicle industry—profitability—in record time, reports Bloomberg. The Chinese consumer electronics giant reported a 700 million yuan ($98 million USD) profit…

Haye KestelooNov 19

BMW

BMW iX3 Shatters Range Expectations With 626-Mile Real-World Test Drive

BMW just proved its new iX3 electric SUV can travel farther on a single charge than most drivers will ever attempt in one day. A BMW team drove the 2026 iX3 over 1,000 kilometers (626 miles) from the automaker’s Debrecen, Hungary production facility to BMW Welt in Munich without stopping to charge, arriving with battery…

Haye KestelooNov 19

Lotus

Lotus Emeya Shatters EV Charging Records With 443 kW Peak But Can Technical Brilliance Save A Struggling Automaker?

The Lotus Emeya has set a new benchmark for production electric vehicle charging performance, reaching a peak rate of 443 kW during independent testing conducted by Lotus Al Ghanim in Kuwait. Using Lotus’s proprietary 450 kW DC ultra-fast charger, the hyper-GT completed a 10-80% charge in just 13 minutes and 35 seconds, even under extreme…

Haye KestelooNov 18

BYD

BYD to Double European Dealers to 2,000 by 2026, Confirms Multi-Factory ‘Localization’ Strategy

Chinese automaker BYD is aggressively accelerating its European expansion, confirming plans to double its sales network to 2,000 locations by the end of 2026. The move is part of a broad “localization” strategy to build vehicles inside Europe, effectively neutralizing the threat of EU import tariffs according to a report from Reuters. This news confirms…

Haye KestelooNov 17

California

California Airport Pioneers V2G Technology: Nissan Leafs Power Critical Infrastructure Through Bidirectional Charging

A groundbreaking vehicle-to-grid project at California’s Redwood Coast Airport is demonstrating how electric vehicles can serve as more than just transportation—they’re becoming mobile power plants that strengthen grid resilience and reduce costs. PG&E, Nissan, Fermata Energy, and the Schatz Energy Research Center at Cal Poly Humboldt have successfully integrated two previous-generation Nissan Lea

Haye KestelooNov 16

Europe

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