Every EVXL story tagged “Europe” — newest first.
BMW Group is making waves in the electric vehicle market, with their latest quarterly report revealing a stark contrast between EV sales and overall performance. According to their Q3 2024 figures, the German automaker’s electric vehicle deliveries are climbing steadily, even as total sales face significant headwinds. EV Sales Climb as Overall Numbers Take a…
Tesla’s futuristic Cybertruck is causing quite a stir across the pond, with European safety advocates sounding the alarm over its unconventional design and hefty proportions. A recent report from The Guardian highlights the growing concerns about whether this electric behemoth can play nice with EU road safety regulations. A Square Peg in a Round Hole?…
China’s commerce ministry announced provisional anti-dumping measures on brandy imports from the European Union, effective October 11. This decision, reported by Reuters, marks a reversal from their earlier stance and adds another layer to the ongoing trade tensions between China and the EU. Unexpected U-Turn in Trade Relations The Chinese commerce ministry’s statement requires importers…
A new study by economists has taken a hard look at the $7,500 tax credit for U.S.-made electric vehicles (EVs) under the Inflation Reduction Act (IRA). The findings? It’s complicated, but there’s a silver lining. According to The New York Times, Americans are seeing a two-to-one return on their investment in these subsidies. The Good,…
Tesla’s dominance in energy storage hits new heights as the only company to secure an AAA rating in the new Battery StorageTech Bankability Ratings report, outpacing competitors in the growing BESS market. According to the Battery StorageTech Bankability Ratings report, Tesla has earned the distinction of being the only AAA-rated energy storage solutions supplier in…
Automakers in the UK are set to provide at least £2 billion ($2.6 billion) in electric vehicle discounts this year, yet they’re still falling short of the government’s sales mandate, according to a Bloomberg report. Record EV Registrations, but Not Enough Despite steep price cuts driving battery-electric vehicle registrations to a record high in September,…
Deutsche Bank analyst Edison Yu has maintained a Buy rating on Tesla (TSLA) with a price target of $295.00, according to a report from TipRanks. This optimistic outlook stems from Tesla’s anticipated strong performance in Q3 2024 and exciting developments in its robotaxi program. Robust Q3 Delivery Forecast Yu projects Tesla’s Q3 2024 deliveries to…
In a surprising turn of events, Volvo, once a trailblazer in the electric vehicle revolution, is now easing off the accelerator on its ambitious all-electric plans. This strategic shift comes as the Swedish automaker grapples with a market that’s not quite as enthusiastic about EVs as initially anticipated, according to a recent report from The…
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