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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…

Fiat Topolino EV Coming to US in Spring 2026 at Around $11,500
Fiat

Fiat Topolino EV Coming to US in Spring 2026 at Around $11,500

Fiat will bring its ultra-compact Topolino EV to the United States in Spring 2026, CEO Olivier Francois announced at Miami Art Week. Why it matters: The tiny EV costs just $11,500 in Europe, but US regulations may limit it to low-speed neighborhood roads. The Details Topolino Specs EVXL’s Take The Topolino arrives as Europe actively…

Buying a Used EV: Eight Things to Check Before You Hand Over Your Money
Tesla

Tesla Ranks Dead Last In Used-Car Reliability Study

Consumer Reports places Tesla at the bottom of its 26-brand used-car reliability rankings. Why it matters: Buyers shopping for 5-10 year old Teslas now face the worst long-term dependability scores in the industry. The Details By The Numbers Bottom Five (Used-Car Reliability): Top Five (Used-Car Reliability): New-Car Reliability (Tesla vs. Rivian): EVXL’s Take The timing…

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…

GM

GM CEO Barra Admits She Told Biden Tesla Deserved Credit He Gave Her Company

Mary Barra just said the quiet part out loud. At the New York Times Dealbook Summit on Wednesday, the GM CEO revealed she privately told President Biden that Tesla and Elon Musk deserved the credit he was heaping on her and General Motors for leading America’s electric vehicle revolution. “He was crediting me and I…

Diesel’s Death Spiral: PHEVs Outsell Oil-Burners in Europe for the First Time
Fiat

European Automakers Push For 2035 Combustion Engine Ban Reprieve As EV Transition Stalls

Europe’s embattled carmakers are hoping for regulatory relief when Brussels unveils an auto sector package on December 10, which could water down an effective ban on new combustion engines initially slated for 2035. The continent’s automakers from Volkswagen to Renault had high hopes for the electric vehicle shift when they set ambitious targets at the…

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