Every EVXL story tagged “Zeekr” — newest first.
J.P. Morgan Chase increased its stake in Tesla by 9.5% (or 3.43 million shares) in the first quarter of 2025, according to its latest 13F filing with the SEC. The asset manager held 39,415,548 shares in Tesla as of March 31, 2025, a position worth approximately $13.7 billion. This move underscores J.P. Morgan’s continued confidence…
On April 10, 2025, Tesla officially opened its doors in Saudi Arabia, a move signaling both a reconciliation between CEO Elon Musk and the kingdom’s leadership and a bold step toward the country’s aggressive electric vehicle (EV) adoption goals, as reported by Reuters. With a glitzy launch showcasing the Cybertruck and a redesigned Model Y…
China’s electric vehicle market continues to surge with impressive momentum, as leading manufacturers reported substantial February delivery figures over the weekend. BYD and XPeng demonstrated particularly strong performance, with several players showing triple-digit year-over-year growth amid an increasingly competitive landscape. BYD Dominates with Record-Breaking Sales Performance BYD, Tesla’s
Tesla’s dominance in the Australian electric vehicle market is showing signs of erosion, with November sales dropping 35.5% year-over-year to 2,540 units according to Electric Vehicle Council data. This decline contributes to the brand’s first annual sales decrease of 20.9% in the market, marking a significant shift in the company’s previously upward trajectory. While Tesla…
Premium EV maker Nio reported disappointing third-quarter results as intense price competition in China’s electric vehicle market continues to squeeze margins and impact sales targets, reports Bloomberg. Revenue Growth Overshadowed by Losses The Chinese automaker posted revenue of 18.7 billion yuan ($2.6 billion) in Q3 2023 after delivering 61,855 vehicles, falling short of analyst expectations.…
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…
Public EV chargers in the US are often not living up to their promised speeds, averaging about half their maximum capacity. This discrepancy risks hindering the adoption of electric vehicles. According to a recent report by Bloomberg, this issue is widespread and not specific to any particular region or EV brand. The Reality of Public…
Hong Kong’s electric vehicle (EV) market is experiencing a significant shift as Chinese brands gain popularity and market share. According to a recent report by the South China Morning Post, mainland Chinese EV manufacturers are using the city as a testing ground and springboard for international expansion. Surge in Chinese EV Market Share The market…
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