Haye Kesteloo is the Editor in Chief and Founder of EVXL.co, where he covers all electric vehicle-related news, covering brands such as Tesla, Ford, GM, BMW, Nissan and others. He fulfills a similar role at the drone news site DroneXL.co. Haye can be reached at haye @ evxl.co or @hayekesteloo.
Battery pack prices will fall to $105 per kilowatt-hour next year as Chinese overcapacity and LFP adoption continue driving costs down. Why it matters: Cheaper batteries make EVs more affordable and accelerate grid-scale energy storage deployment worldwide. The Details By the Numbers What They’re Saying “Cutthroat competition is making batteries cheaper every year. This is…
BMW, Toyota, and 65 other auto industry signatories are urging the European Commission to abandon mandatory EV purchase targets for corporate fleets, reports Reuters. Why it matters: Corporate fleets represent 50-60% of all new car sales in the EU, making this a make-or-break policy battle ahead of Brussels’ December 16 announcement. The Details By The…
Nearly half of first-time car buyers in China plan to purchase a pure electric vehicle, according to a new Bloomberg Intelligence survey. Why it matters: This surge in EV preference comes just as China slashes its purchase tax incentives, suggesting the market may finally be weaning off subsidies. The Details By The Numbers First-Time Buyer…
Mercedes-AMG just poached the man who built Porsche’s flagship EV to lead its performance division. Why it matters: Stefan Weckbach will oversee AMG’s electric transition, including a new GT sedan designed to compete directly against the Taycan he created. The Details Weckbach’s Track Record What Weckbach Inherits at AMG EVXL’s Take This hire tells you…
Ford is turning to French automaker Renault to develop two entry-level electric vehicles for Europe, abandoning its own platform as too expensive to compete with Chinese rivals, reports the WSJ. Why it matters: The deal marks Ford’s admission that it cannot build affordable EVs alone as Chinese brands capture 6.7% of the European market. The…
Tesla has added a new Charging Calculator to its website, letting prospective buyers estimate how much they could save by switching from gas to electric. Why it matters: With federal EV tax credits now expired, Tesla is leaning hard on fuel savings to justify the switch. The Details By The Numbers Model 3 (50 miles/day):…
Morgan Stanley’s new automotive analyst just declared open season on EV startups. The investment bank downgrades Lucid and Rivian to Sell, warns ‘EV winter’ will last into 2026 as post-subsidy demand collapses, reports Barron’s. GM was upgraded to Buy. Why it matters: The call validates what EVXL has warned about for months: the post-subsidy EV…
Half of global car buyers now plan to purchase a combustion engine vehicle within 24 months, according to a new EY report. Why it matters: This 13-percentage-point surge signals a dramatic reversal from the EV momentum of recent years, driven by policy chaos, trade wars, and infrastructure skepticism. The Details By The Numbers EVXL’s Take…
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