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Renault Kills Ampere: New CEO Dismantles De Meo's EV Spinoff in Latest European Retreat
Renault

Renault Kills Ampere: New CEO Dismantles De Meo’s EV Spinoff in Latest European Retreat

Renault SA plans to reintegrate its Ampere electric vehicle and software operations back into the parent company, reversing a strategy that never delivered the €10 billion valuation former CEO Luca de Meo once promised investors. The French automaker is meeting with labor unions today to discuss the reorganization. Bloomberg reports that CEO François Provost is…

Ford CEO Jim Farley
Ford

Ford Promises Level 3 Autonomy on $30K EV While Taking $19.5 Billion in Writedowns

I’ve been tracking Ford’s EV pivot for over a year now, and today’s CES announcement is either the most ambitious course correction in automotive history or another promise the company can’t keep. Ford says it will bring Level 3 eyes-off driving to a $30,000 electric pickup truck in 2028. That’s the same company that just…

Solid-State Batteries Won’t Save EVs Until 2035. Here’s What Will. BMW i3
i3

Solid-State Batteries Won’t Save EVs Until 2035. Here’s What Will.

I’ve been tracking solid-state battery announcements for years now, and the gap between what manufacturers promise and what they actually deliver keeps getting wider. Top Gear’s latest deep-dive on next-generation EV tech finally puts some honest timelines on the table, and they’re not what most prospective buyers want to hear. Here’s what you need to…

Ford F-150 Lightning Outpaces Tesla Cybertruck in Q1 2025 EV Pickup Race
F-150 Lightning

EV Transition ‘Unraveling’? No, Legacy Automaker Strategies Are Failing

I’ve been covering the EV transition for years, and this week’s headlines declaring the electric revolution is “unraveling” miss the point entirely. What we’re actually watching is the predictable collapse of subsidy-dependent strategies by legacy automakers who never figured out how to build affordable EVs without government life support. The carnage is staggering. Bloomberg reports…

BYD Recalls Nearly 97,000 EVs Over Potential Fire Risk
F-150 Lightning

Detroit 3 Hold Less Than 5% Global EV Market Share

Ford, GM, and Stellantis collectively control less than 5% of the global electric vehicle market while Chinese automakers BYD, Geely, and Chery dominate, according to new BloombergNEF data reported by The Wall Street Journal. Why it matters: The gap exposes how far behind American automakers have fallen in the EV race they once claimed to…

Tesla

EU Considers 5-Year Extension to 2035 Combustion Engine Ban

The European Union is preparing to delay or weaken its landmark 2035 combustion engine ban after automakers warned of billion-dollar fines and mass layoffs. Why it matters: The move signals Europe is prioritizing short-term industry relief over long-term EV competitiveness against China. The Details By The Numbers EVXL’s Take This confirms exactly what we warned…

Stellantis Posts €20 Billion Net Loss as CEO Filosa Promises Profitability Return That Won't Arrive Until 2027
Stellantis

Stellantis Exceeds Italy Supplier Target, Eyes Production Rebound

Stellantis spent over 7 billion euros ($8.1 billion) with Italian suppliers in 2024, beating its own target by 1 billion euros. Why it matters: The investment boost comes as the automaker faces its lowest Italian production in nearly 70 years and a critical EU emissions decision on December 16. The Details By The Numbers EVXL’s…

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