Every EVXL story tagged “Tesla” — newest first.
Chinese electric vehicle manufacturers Neta and Zeekr have come under scrutiny for artificially boosting sales figures by insuring vehicles before actual buyer purchases, allowing them to meet aggressive targets amid fierce market competition. This revelation, detailed in a Reuters investigation, highlights ongoing challenges in China’s EV sector, where overcapacity and price wars pressure compani
Uber has re-entered the autonomous vehicle arena by investing $300 million in Lucid Motors, partnering with the EV maker and self-driving tech firm Nuro to build a fleet of robotaxis based on the Lucid Gravity electric SUV. 12 This move positions Uber to compete in the growing robotaxi market, with launches planned for a major…
Rivian has unveiled plans for its new East Coast headquarters in Atlanta, a key step that supports the automaker’s renewed push to scale production at its nearby Georgia manufacturing facility. This development follows months of financial adjustments, including layoffs, but highlights Rivian’s focus on growth through affordable electric vehicles. The headquarters will open in late…
The Porsche Macan has achieved a remarkable milestone by becoming the fastest-selling model in the company’s history, reaching one million units produced in only 12 years, as the electric version gains strong traction amid a broader shift toward electrification. This surpasses the Cayenne’s 18 years and the 911’s over 50 years to hit the same…
In Mexico, budget-conscious buyers like Uber driver Patricia Gatica are turning to affordable cars made in China, such as the $17,000 Chevy Aveo, which offers impressive fuel efficiency at 48 miles per gallon, according to Bloomberg. This trend extends to electric vehicles from brands like BYD, highlighting how Chinese imports are reshaping the market south…
China’s cabinet vowed on Wednesday to regulate “irrational” competition in the electric vehicle sector, as a prolonged price war escalates in the world’s largest auto market. This move signals a push for stability, with officials committing to enhanced cost investigations and price monitoring, according to state broadcaster CCTV. Tackling Excessive Competition According to Reuters, the…
Lucid Group Inc.‘s interim CEO Marc Winterhoff has cautioned that proposed tariffs under President Donald Trump will elevate automobile production costs, affecting even vehicles assembled in the United States. This development stems from the automotive industry’s reliance on a global supply chain, which requires importing essential raw materials and components. In a Bloomberg Television interview,
China has introduced new restrictions on exporting technologies vital for electric vehicle (EV) battery production, potentially disrupting global supply chains already reliant on the country’s dominance in this sector, reports the WSJ. This move, announced by the commerce ministry, requires government approvals for such exports, heightening concerns among EV manufacturers and enthusiasts about mat
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