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Europe

Every EVXL story tagged “Europe” — newest first.

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Tesla

EV leasing: Tesla cuts UK lease costs by nearly half amid sales slump, report says

British EV shoppers can reportedly lease a Tesla for just over half last year’s monthly rate, as The Times reports the automaker is offering steep fleet discounts to move inventory in the UK, reports Reuters. The news outlet said it could not immediately verify the report and Tesla did not comment. Leasing discounts and inventory…

Rivian

Rivian CEO Teases R4, R5, and Possible R6 as Affordable EV Roadmap Expands

Rivian CEO RJ Scaringe has hinted at a broader lineup of affordable electric vehicles, including the R4, R5, and potentially an R6, following the launch of the R2 in early 2026 and R3 in 2027. The comments came during his appearance on Daniel Tosh’s Tosh Show podcast, where he also discussed the company’s ongoing production…

China's EV Market Now Belongs to Chinese Brands, and Detroit Just Took a $25 Billion Hit to Prove It - BYD's Price Cuts Under Fire: China's Bold Move Against EV Overcapacity
China

BYD’s Price Cuts Under Fire: China’s Bold Move Against EV Overcapacity

Hey EV fans, tired of Tesla’s pricing games? China’s got bigger drama: officials are begging makers like BYD and XPeng to quit the price wars before they tank the whole industry. China is urging its electric vehicle industry to stop cutting prices and rein in production amid fears that persistent deflation is imperilling economic growth.…

Hybrids Take Lead as Electric Vehicle Sales Plummet in California—A Wake-Up Call for EV Industry
Tesla

Tesla Fights Back in Spain with 27% Jump as EV Market Skyrockets 155%

EV owners, rejoice (or worry?): Spain’s Tesla sales jumped 27% in July, but the real story is electrified vehicles skyrocketing 155%. Here’s why it matters to you. In July 2025, Tesla’s new car sales in Spain jumped 27% year-over-year, reaching 702 vehicles, according to registration data from industry group ANFAC. This growth aligns with a…

Porsche's Electrifying Feat: Taycan Sets New Nürburgring Record
Porsche

US Tariffs Crush Mercedes and Porsche EV Dreams: Profit Warnings Amid China Price War Shock

Imagine shelling out for a sleek Porsche Taycan, only for tariffs to jack up prices – that’s the harsh reality hitting Mercedes and Porsche as they slash profit forecasts amid US trade blows and China’s cutthroat EV battles. Mercedes-Benz Group AG and Porsche AG have revised their annual profit expectations downward, highlighting the impact of…

Tesla

Tesla Q2 2025 Earnings Highlight FSD Progress Amid Revenue Decline and Market Challenges

Tesla released its Q2 2025 earnings on July 23, reporting adjusted earnings of 40 cents per share, just below the average analyst estimate, alongside revenue of $22.5 billion that fell 12% year-over-year, marking the sharpest decline in at least a decade. Gross margin came in higher than anticipated. Updated as of 16:56 EST The company…

Tesla

EU Mandates Electric Vehicles for Car Rental Fleets Starting 2030

The European Union advances its green agenda as the Commission drafts rules that would require car-rental companies and large corporations to purchase only electric vehicles for their fleets from 2030 onward. This initiative, reported by German newspaper Bild, accelerates the bloc’s shift away from combustion engines and targets a significant portion of the new car…

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