Wolfspeed Shares Plummet 23% as Slowing EV Demand Hits Revenue Forecast
On May 9, 2025, Wolfspeed (WOLF.N), a key player in the electric vehicle (EV) supply chain, saw its shares drop 23% after the company raised concerns about its financial stability and slashed its annual revenue forecast. The chipmaker, known for…
UK Secures $1.27 Billion for New EV Battery Plant in Sunderland, Boosting Electric Vehicle Production
The UK government has finalized a £1 billion (approximately $1.27 billion) funding deal to construct a new electric vehicle (EV) battery gigafactory in Sunderland, a move set to create 1,000 jobs and produce batteries for up to 100,000 EVs annually.…
Nissan Cancels $1.1 Billion EV Battery Plant in Japan Amid Financial Turnaround Efforts
Nissan Motor Co. has halted its $1.1 billion plan to construct an electric vehicle (EV) battery plant in Kitakyushu, Japan, as the company shifts focus to financial recovery amid a projected record net loss. Announced on May 9, 2025, this…
Mazda Adopts Tesla’s North American Charging Standard for EVs in Japan Starting 2027
Mazda has taken a significant step in the electric vehicle (EV) landscape by partnering with Tesla to adopt the North American Charging Standard (NACS) for its battery electric vehicles (BEVs) launching in Japan from 2027 onward. This agreement, announced on…
Mitsubishi Unveils EV Comeback with Nissan Leaf Partnership for 2026 Launch
Mitsubishi is making a bold return to the electric vehicle (EV) market, announcing a new battery-electric model set to launch in the United States and Canada in summer 2026. The automaker revealed this development in a press release on May…
Zeekr to Delist from U.S. Stock Exchange as Geely Privatizes EV Brand One Year After IPO
Chinese billionaire Eric Li’s decision to privatize Zeekr, a New York-listed electric vehicle (EV) brand, marks a significant shift for the company just one year after its U.S. initial public offering (IPO). According to a Forbes report, parent company Geely…
Kia EV5 Global Launch Set for 2025: Upgraded Electric SUV Targets Tesla Model Y
Kia is gearing up to launch the global version of its EV5 electric SUV in the third quarter of 2025, bringing a refined contender to the electric vehicle market. With production slated at Kia’s Autoland Gwangju plant in South Korea,…
Lucid Motors Slashes 2025 Air Model Prices with New Offers for EV Buyers
Lucid Motors has rolled out aggressive pricing and incentives for its 2025 Lucid Air lineup, making its luxury electric vehicles (EVs) more accessible to buyers. The updated pricing, detailed on Lucid Motors’ official website, positions the Air Pure, Air Touring,…
Renault 5 Turbo 3E EV Garners 850 Orders in First Week at $176,000 Price Point
Renault’s electrified revival of the iconic 1980s R5 Turbo, unveiled as the Renault 5 Turbo 3E at the 2022 Paris Auto Show, has sparked significant enthusiasm among electric vehicle (EV) enthusiasts. The limited-edition hatchback, priced at 155,000 euros ($176,000), secured…
Slate Auto Secures $700M with Jeff Bezos Backing to Redefine Affordable EVs
Slate Auto, an upstart electric vehicle manufacturer, is making waves with a $700 million fundraising haul backed by Jeff Bezos’s investment firm, Bezos Expeditions. The funding, confirmed by Newsweek, spans Series A and B rounds, with the final close in…
Tesla’s Battery Tech Leader Vineet Mehta Departs After 18 Years, Signals Bright Future for EV Innovation
Tesla’s Director of Battery Technology and Powertrain Architecture, Vineet Mehta, announced his departure from the company after 18 years, marking the end of a pivotal era for Tesla’s electric vehicle (EV) advancements. Mehta, who joined Tesla in 2007, shared his…
U.S. Slashes Tariffs on UK Electric Vehicles to 10%, Boosting EV Market Access
On May 8, 2025, the U.S. announced a significant reduction in tariffs on UK-made cars, including electric vehicles (EVs), dropping the rate from 27.5% to 10%. This decision, part of a broader economic deal with the UK, also eliminates tariffs…
Stay Ahead of the Curve with the Latest EV News on Tesla, BMW, BYD, Ford, GM, Kia, Lucid, Nissan, Rivian, Polestar, Porsche, Toyota, Zeekr, and the Electric Vehicle Revolution!
EVXL’s Vision & Purpose
At EVXL.co, we envision a world powered by sustainable mobility, where electric vehicles (EVs) drive the future of transportation. Our purpose is to be your trusted source for daily EV news, delivering the latest updates on industry leaders like Tesla, BYD, Rivian, Lucid, and Zeekr, alongside emerging innovations and trends. We exist to inform, inspire, and empower enthusiasts, buyers, and curious minds with clear, timely, and insightful coverage of the EV revolution.
Come back daily to stay ahead of the curve—whether you’re tracking breakthroughs, comparing models, or exploring the electrified future. EVXL.co is your hub for everything electric, keeping you connected to the pulse of a cleaner, smarter world.
English 
Chinese 
Dutch 
French (Canada) 
French (France) 
German 
Norwegian 
Portuguese 
Spanish (Argentina) 
Spanish (Mexico) 
Spanish (Spain)