Every EVXL story tagged “SEC” — newest first.
Herbert Diess, Volkswagen’s ex-chief, is pushing back against criticism of his hybrid vehicle strategy during his time at the helm of Europe’s biggest carmaker. This comes as the Financial Times reports a slowdown in EV enthusiasm and growing popularity of hybrids. Diess Claims “Excellent Portfolio” of Plug-in Hybrids Diess argues VW has a strong lineup…
Toyota Motor Corporation, the world’s leading automaker, has significantly scaled back its electric vehicle (EV) production plans for 2026, according to Reuters. This adjustment signifies a notable shift in the company’s EV strategy as the momentum for electric car sales begins to slow. Revised Production Goals The Japanese auto giant now aims to produce 1…
Tesla is facing tough competition in China as local and international rivals flood the market with more advanced electric vehicle (EV) models. The US company’s share of Chinese EV sales has dropped to 6.5% in the first seven months of the year from almost 9% a year earlier, according to data from Shanghai consultancy Automobility.…
Volvo has revised its ambitious plan to sell only pure electric vehicles (EVs) by 2030, now aiming for 90-100% of its global sales to be electrified cars, including both fully electric and plug-in hybrid vehicles. This adjustment comes amidst slower charging infrastructure rollout, reduced government incentives, market uncertainties, and shifting consumer demand, reports Euro News.…
Renault has teamed up with French designer Ora Ïto to create an electric restomod of the classic Renault 17 sports coupé. The R17 electric concept made its debut on September 4th, 2024, at Maison5 in Paris and will be featured at the Paris Motor Show from October 14th to 20th. This collaboration is part of…
Electric school buses are hitting the roads, transforming the way kids get to school. These buses aren’t just cleaner; they’re also quieter and can even power local grids. The first all-electric school bus fleet started operating in Oakland, California, last week, marking a significant milestone in the transition to cleaner transportation, reports Vox. A Breath…
Tesla is gearing up to revamp its Model Y for the Chinese market, aiming to regain lost market share and take on competitors like Li Auto and Nio. According to a report from SCMP, the US electric vehicle (EV) maker plans to introduce a six-seat variant of the Model Y, assembled at its Shanghai Gigafactory…
Vice President Kamala Harris, once a staunch supporter of federal rules mandating electric vehicle (EV) production, has seemingly changed her stance. According to a recent report by Alex Thompson and Ben Geman of Axios, Harris’ campaign stated that she “does not support an electric vehicle mandate,” marking a significant shift from her previous positions. A…
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