Every EVXL story tagged “NIO” — newest first.
Volvo Cars announced on May 26, 2025, that it will cut 3,000 jobs globally, primarily targeting white-collar roles, as the automaker grapples with high costs, a slowdown in electric vehicle (EV) demand, and looming trade tariffs, reports Automotive News. The decision comes amid a challenging period for the automotive industry, with Volvo citing the need…
Tesla’s electric vehicle (EV) sales in Europe took a significant hit in April 2025, with new-car registrations dropping nearly 53% to 5,475 vehicles, according to the European Automobile Manufacturers’ Association (ACEA). This marks the fourth consecutive month of decline for the EV giant, as Chinese competitors like BYD gain ground in the rapidly growing European…
Volvo Cars’ CEO, Hakan Samuelsson, has raised concerns over looming tariffs that could significantly increase costs for electric vehicle (EV) buyers in the United States. In a recent statement, Samuelsson highlighted the challenges of maintaining affordability for models like the Volvo EX30 amid a proposed 50% tariff on European imports, as reported by Reuters. Tariffs…
A prominent U.S. marketing professor, Scott Galloway, labeled Elon Musk’s involvement with the Trump administration’s Department of Government Efficiency (Doge) as “one of the greatest brand destructions” ever, citing its impact on Tesla’s core demographic. Speaking on the Pivot podcast, Galloway highlighted how Musk’s political alignment has alienated Tesla’s customer base, threatening the electr
On May 20, 2025, Elon Musk reaffirmed his dedication to leading Tesla as its chief executive for at least another five years, addressing the Qatar Economic Forum with a bold statement despite recent electric vehicle (EV) market struggles. Speaking at the event, Musk said, “Yes,” when asked about his commitment to Tesla in five years’…
A recent Axios Harris Poll 100 survey reveals a steep decline in Tesla’s reputation, dropping the electric vehicle (EV) giant to 95th place among America’s 100 most visible companies in 2025. Once a darling of the EV industry, Tesla’s fall from 8th place in 2021 to 63rd in 2024, and now near the bottom, signals…
Volkswagen’s shareholders intensified their push for corporate governance reform at the company’s virtual annual general meeting on May 16, 2025, citing conflicts of interest and a lack of board expertise as barriers to the automaker’s success in the electric vehicle (EV) market, reports Reuters. With the company’s share price falling nearly 25% over the past…
Tesla’s trade-in program for the 2024 Cybertruck All-Wheel Drive has ignited discussions among electric vehicle (EV) enthusiasts, with a recent estimate of $65,400 for a vehicle with just 6,211 miles prompting varied reactions. A thread on the Cybertruck Owners Club forum reveals a split in sentiment, as owners weigh the value of Tesla’s offer against…
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