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China's BYD has overtaken Tesla as the world's best-selling maker of electric cars. In the final quarter of last year, BYD, backed by Warren Buffett, sold 526,409 fully electric vehicles, outpacing Tesla's 484,507.
Mexico

China’s EV Exports Surge 87% Globally, But the Real Story Is the 2,367% Explosion to Mexico

I’ve been tracking the “Chinese EV Invasion” narrative for years now, and this new data from China Customs finally reveals exactly how it’s playing out: not through US ports, but through America’s southern border. While mainstream coverage focuses on the headline 87% year-over-year surge to 199,836 EVs exported globally in November, the number that matters…

Tesla Model 3 Standard Launches in Europe at €37,970 as Chinese Rivals Close In
Tesla

Tesla Europe Sales Collapse: Market Share Halves as Chinese Rivals Surge

I’ve been documenting Tesla’s European decline all year, and the final numbers are in: it’s worse than even I expected. While the broader European EV market surged 27% in 2025, Tesla’s sales cratered 38.8% to just 129,000 units. That’s not missing a trend. That’s a market share collapse from 2.2% to 1.3% in 11 months while Chinese…

Honda's Bold Leap into the U.S. EV Market: The Prologue Unveiled
Ohio

Honda Takes Full Control of Ohio Battery Plant as Korean Suppliers Flee America

I’ve been tracking the collapse of America’s EV battery boom for months, and this week’s news confirms the pattern: Korean battery makers are retreating while Honda quietly positions itself for the post-subsidy era. Honda is buying out LG Energy Solution’s share of their Ohio battery joint venture for $2.9 billion, Bloomberg reports. The deal, expected to close…

Trump’s Tariffs Threaten EV Price Hikes, but Tesla and VW Gain Edge with U.S. Production
F-150 Lightning

VW ID Buzz Cancelled for 2026 as Dealers Slash $25K Off Remaining Stock

I watched Volkswagen announce the ID Buzz as America’s nostalgic EV savior. Now, after one model year and fewer than 5,000 sales, dealers are telling customers it’s over while VW insists it might come back someday. Here’s what you need to know: VW confirmed to Carscoops they won’t produce 2026 ID Buzz models for the…

Porsche 718 EV Strategy Collapses: Automaker Now Reverse-Engineering Platform It Spent Billions Building
Porsche

Porsche 718 EV Strategy Collapses: Automaker Now Reverse-Engineering Platform It Spent Billions Building

Porsche just confirmed the most expensive engineering admission of defeat in automotive history. The German automaker is now paying to reverse-engineer the PPE Sport platform it paid billions to develop as EV-only, adding combustion engine capability across the entire next-generation 718 Boxster and Cayman lineup. This isn’t just a product strategy pivot. This is a…

Foxconn’s Foxtron Acquires Luxgen for $25M, Reveals Contract Manufacturing Strategy
Model Y

Foxconn’s Foxtron Acquires Luxgen for $25M, Reveals Contract Manufacturing Strategy

I’ve been tracking Foxconn’s EV strategy since they first announced their ambitions to become the “Android of electric vehicles.” So when I saw the news that their joint venture Foxtron is acquiring Taiwan’s Luxgen brand for just $25 million, my first thought was: this doesn’t add up. Not because the deal doesn’t make sense, but…

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