Every EVXL story tagged “Tesla” — newest first.
Chinese EV maker Nio is branching out into hybrids, with plans to launch its first hybrid model in 2026 exclusively for overseas markets. The surprising move comes as the company adapts to challenges in international markets, according to a Reuters report. Strategic Shift Driven by Middle Eastern Investment The hybrid vehicle, to be sold under…
Chinese electric vehicle stocks saw significant gains after industry leader BYD posted extraordinary October delivery numbers, backed by strong government incentives driving the sector’s growth, reports Bloomberg. Record-Breaking Performance BYD’s shares surged up to 5.6% in Hong Kong trading on Monday, following the announcement of their groundbreaking achievement – delivering over half a million
In a stunning display of electric performance, smartphone giant Xiaomi’s SU7 Ultra prototype has shattered expectations at the legendary Nürburgring Nordschleife, reportedly completing a lap in just 6 minutes and 48.874 seconds, according to Xiaomi’s official announcement. Breaking Records Before Production The stripped-down prototype, despite lacking a dashboard and sporting a racing steering whe
A planned €3 billion ($3.2 billion) electric vehicle microchip factory in Germany has been put on hold, dealing another blow to the country’s EV manufacturing ambitions, according to The Guardian. Slowing EV Demand Cited as Key Factor The US-based Wolfspeed and German auto supplier ZF have postponed their joint venture to build what was dubbed…
Mercedes-Benz is facing significant headwinds as it reports a dramatic drop in profits and EV sales for Q3 2023, according to a Financial Times report. EV Sales Take a Hit Pure electric vehicle sales plummeted 31% year-over-year in Q3, though plug-in hybrid sales showed a modest 10% increase. The luxury automaker’s CFO Harald Wilhelm didn’t…
In a candid revelation that’s sending ripples through the automotive industry, Ford CEO Jim Farley has been secretly test-driving a Chinese-made Xiaomi electric vehicle – and his verdict is turning heads. The surprising admission came during an in-depth discussion on the Everything Electric Show, highlighting the growing gap between Western and Chinese EV technology. The…
In a troubling revelation about one of America’s most promising electric vehicle manufacturers, a detailed investigation has uncovered serious workplace safety concerns at Rivian’s manufacturing facility in Normal, Illinois. The investigation, published by Bloomberg News, paints a concerning picture of a company racing to produce luxury EVs and Amazon delivery vans while potentially compromising w
Volvo Cars has significantly cut its annual sales growth forecast and shifted its all-electric timeline as market pressures mount, according to the Financial Times. Growth Forecast Takes a Hit The Swedish automaker now expects just 7-8% retail sales growth this year, less than half of its July projection of 12-15%. Despite posting a strong Q3…
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