News, deep dives, and analysis — every China story, newest first.
Morgan Stanley cut Tesla to hold for the first time since June 2023, warning the stock fully prices in AI and robotics ambitions. Why it matters: The downgrade from Wall Street’s most influential Tesla analyst signals growing unease with the stock trading at 210x forward earnings. The Details By The Numbers EVXL’s Take Morgan Stanley’s…
Nearly 200 electric vehicle industry leaders sent an open letter to EU Commission President Ursula von der Leyen on Wednesday, demanding Brussels maintain its 2035 zero-emission target for new cars. Why it matters: The letter arrives six days before the Commission unveils an automotive package that could weaken the ban under pressure from German automakers.…
Renault supports France’s call for stricter local content rules on electric vehicles sold in Europe but says the proposed 75% threshold is unrealistic for automakers still sourcing batteries from Asia. Why it matters: The debate exposes a widening rift between European governments racing to protect jobs and automakers warning that overly aggressive rules could backfire.…
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…
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…
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 will expand its Japan Supercharger network by more than 40%, targeting over 1,000 stalls by 2027 as the automaker capitalizes on surging demand. Why it matters: The infrastructure push arrives as Japanese automakers adopt Tesla’s charging standard, potentially reshaping the country’s EV landscape. The Details By The Numbers EVXL’s Take Japan represents a rare…
Tech reviewer Marques Brownlee just delivered a verdict that should terrify Detroit. After two weeks driving a Xiaomi SU7 Max on American roads, the influential YouTuber concluded this $42,000 Chinese sedan delivers an experience worth $75,000. That’s a $33,000 value gap that no tariff wall can explain away forever. Why MKBHD’s Xiaomi Review Matters Brownlee…
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