BYD

Every EVXL story tagged “BYD” — newest first.

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Jul 6

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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

China

Foxconn Bets $3B On AI While Predicting China EV “Shakeout” Will Crush Unprofitable Startups

Foxconn Chairman Young Liu is placing a massive bet on artificial intelligence while stepping back from electric vehicles, predicting that China’s brutally competitive EV market will soon experience a devastating consolidation that forces unprofitable startups to disappear. The world’s largest contract electronics manufacturer plans to invest $2 billion to $3 billion annually in AI infrastructure…

Haye KestelooNov 20

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

Semi

Maersk Sued Over Collapsed 300-Truck EV Deal As Post-Subsidy Reality Bites

Swedish battery-electric truck startup Einride has sued Danish logistics giant Maersk over a collapsed deployment deal that was supposed to put 300 zero-emission trucks on American roads but instead became the latest casualty of the post-subsidy EV market collapse. The lawsuit reveals a corporate sustainability commitment unraveling in real time. The Deal That Wasn’t Einride…

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

Porsche

Porsche Bets On $165,000 Electric Cayenne Weeks After Declaring Luxury EV Pricing Model Broken

Porsche unveiled the 2026 Cayenne Electric today, crowning it the most powerful production vehicle in the German automaker’s 77-year history with a staggering 1,139 horsepower. The launch comes just weeks after Porsche posted a $1.1 billion quarterly loss and declared that its luxury EV business model no longer works. The electric SUV will arrive in…

Haye KestelooNov 19

BYD

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