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.
South Korea’s LG Energy Solution (LGES), a leading supplier of electric vehicle (EV) batteries for giants like Tesla and General Motors, reported a remarkable 152% increase in its second-quarter operating profit for 2025, reaching 492 billion won ($360.94 million), according to Reuters. This surge, driven by heightened demand for EV batteries and strategic U.S. tax…
Electric vehicle (EV) sales are poised for a significant boost as automakers and dealers urge buyers to act before a $7,500 federal tax credit expires on September 30, 2025. With Congress set to eliminate the subsidy through recent tax and budget legislation, industry leaders anticipate a rush of purchases, followed by potential sales declines, reports…
Chinese electric vehicle giant BYD is set to launch its first assembly plant in Brazil this month, a strategic move to localize production and counter rising import tariffs in its largest foreign market. According to Reuters, the Bahia facility will assemble 50,000 electric vehicles in 2025, marking a significant step for BYD’s global expansion and…
Honda Motor has canceled its development of a large electric SUV targeted for a 2027 release, citing declining electric vehicle (EV) demand in the United States, according to a Nikkei Asia report. This decision reflects broader industry shifts as automakers recalibrate strategies in response to market and policy changes, redirecting focus toward hybrid vehicles to…
A new study reveals that upholding the European Union’s 2035 zero-emission car target could safeguard 1 million auto industry jobs and drive significant growth in electric vehicle (EV) production. Published by Transport & Environment (T&E), the report underscores the critical role of supportive policies in maintaining Europe’s competitive edge in the global EV market amidst…
A Tesla Model Y driver walked away with only minor injuries despite a catastrophic crash on Interstate 5 near Los Banos, California, early this morning, leaving the vehicle completely destroyed. Reported by the California Highway Patrol (CHP) Los Banos on July 7, 2025. Crash Details and Driver Safety At approximately 4:34 a.m. CDT, a Tesla…
Tesla unveiled the first phase of its groundbreaking “Oasis” Supercharger station in Lost Hills, California, a fully off-grid, solar-powered facility along the busy I-5 corridor between San Francisco and Los Angeles. This megasite, equipped with 84 operational V4 Supercharger stalls and backed by 11 megawatts of solar generation, sets a new standard for sustainable EV…
Shares of Tesla, a leading electric vehicle (EV) manufacturer, are set to drop sharply after CEO Elon Musk announced the formation of a new political party, the “America Party,” raising fears among investors that his political ventures could harm the company’s brand and focus. According to The Guardian, Tesla’s stock fell over 7% in pre-market…
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