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Renault and Ora Ïto Unveil Electric Restomod of Classic R17 Sports Coupé
Renault

Renault Backs EU Local EV Parts Push But Warns 75% Target Too High

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.…

EU Plans December Announcement For Affordable Small EVs To Counter Chinese Competition
Tesla

Global EV Battery Prices to Drop 3% in 2026, BloombergNEF Forecasts

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's Leap: Pioneering Future Batteries
BMW

BMW, Toyota Urge EU to Drop Mandatory EV Fleet Targets

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…

Xiaomi Enters Electric Vehicle Market with Ambitious Goals
China

China First-Time Car Buyers Choose EVs Over Gas at Record Rate

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…

France

Ford Partners With Renault to Build Cheap EVs in France by 2028

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…

Porsche Bets On $165,000 Electric Cayenne Weeks After Declaring Luxury EV Pricing Model Broken
Tesla

EY Report: Global Buyers Ditch EVs, Return to Combustion Engines

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…

Tesla Plans 1,000 Superchargers In Japan By 2027 As Sales Double
Tesla

Tesla Plans 1,000 Superchargers In Japan By 2027 As Sales Double

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…

MKBHD Warns America 'Could Be Cooked' After Testing $42,000 Xiaomi SU7 Max
Xiaomi

MKBHD Warns America ‘Could Be Cooked’ After Testing $42,000 Xiaomi SU7 Max

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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