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Mexico

Every EVXL story tagged “Mexico” — newest first.

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Honda

Honda Delays $11B Canadian EV Hub Amid U.S. Tariffs and Slowing Demand

Honda has postponed its ambitious $11 billion (C$15 billion) electric vehicle (EV) production hub in Ontario, Canada, for at least two years, citing U.S. tariffs and a slower-than-expected EV market. The decision, announced by CEO Toshihiro Mibe on May 13, 2025, reflects the automaker’s cautious approach to navigating economic and regulatory challenges, according to Automotive…

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

BYD Targets 50% Overseas Sales by 2030, Focusing on Europe and Latin America

Chinese electric vehicle (EV) giant BYD is setting its sights on global expansion, aiming for half of its sales to come from outside China by 2030, according to a recent report from CNEVPost. The company plans to drive growth primarily through Europe and Latin America, positioning itself to compete with the world’s largest automakers. BYD’s…

Electric Vehicle Registrations Surge 20% in March Amid Tariff Concerns
Ford

Ford Raises Prices on Mexico-Made EVs Amid Trump Tariffs: What It Means for Owners

Ford Motor has increased prices on three of its Mexico-produced electric vehicles (EVs), including the Mustang Mach-E, due to tariffs imposed by U.S. President Donald Trump. The automaker announced the price hikes on May 7, 2025, citing mid-year pricing adjustments and the economic pressures of the tariffs, according to a Reuters report. This move signals…

BMW

BMW’s Gen6 Electric Powertrain Unveiled: A Leap Toward EV Excellence for Neue Klasse

BMW has unveiled its next-generation Gen6 electric powertrain, set to debut in the iX3 later this year, promising a transformative leap in efficiency, range, and performance for its Neue Klasse lineup. According to BMW’s official release, this modular 800-volt architecture marks a pivotal step in the automaker’s quest to redefine electric vehicle (EV) excellence, blending…

Electric Vehicle Registrations Surge 20% in March Amid Tariff Concerns
Ford

Trump’s Tariffs Slam Ford with $1.5 Billion Hit, Threatening EV Dreams

Ford has pulled its annual guidance, bracing for a staggering $1.5 billion blow from U.S. President Donald Trump’s tariffs, the automaker announced on Monday, May 5, 2025. As reported by Reuters, this move comes amid uncertainty over the levies, which are set to ripple through the electric vehicle (EV) industry, hitting Ford’s ambitious EV plans…

The BMW i4 is making waves in the electric vehicle market, proving to be a formidable competitor to the Tesla Model 3. This stylish four-door EV is not just a pretty face
BMW

BMW Halts EV Production Through May: What It Means for Electric Vehicle Fans

BMW has announced a surprising pause on its electric vehicle (EV) production through May 2025, leaving EV enthusiasts wondering about the future of models like the i4 and i5. According to a report by Automotive News, the German automaker will hold off on building new electrified vehicles for the next three to four weeks, though…

Model Y

Tesla Slashes Model Y Financing to 1.99% APR, Signaling Soft Demand for New Electric SUV

In a surprising move, Tesla has introduced a 1.99% APR financing offer for its newly redesigned Model Y in the U.S., a clear sign of weaker-than-expected demand for the popular electric SUV. Announced on May 2, 2025, this incentive, available for well-qualified buyers on the Long Range AWD model, effectively cuts thousands off the purchase…

Trump Slashes Auto Tariffs: A Win for EV Makers and Consumers. Tesla Model 3 and Model Y
Model 3

Trump Slashes Auto Tariffs: A Win for EV Makers and Consumers

On April 29, 2025, U.S. President Donald Trump signed an executive order easing his 25% auto tariffs, offering relief to automakers after intense industry pushback, according to Reuters. This move, which includes credits for vehicles assembled in the U.S. and exemptions from other levies, could lower production costs for electric vehicle (EV) manufacturers and stabilize…

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