The Move Away from Electric Vehicles Hertz, a leading rental car company, is taking a significant turn in its vehicle strategy. After a notable push into electric vehicles in recent years, the company is now planning to sell off about…
Potential Supply Deal or Acquisition in the Works China’s leading electric car manufacturer, BYD, is reportedly in discussions with Brazilian lithium producer Sigma Lithium for a potential supply agreement, joint venture, or acquisition. This news highlights the increasing global interconnectivity…
In a significant development for electric vehicle enthusiasts, Tesla has launched the redesigned ‘Highland’ Model 3 in North America. This move, reported by Reuters, marks a pivotal moment for Tesla’s Model 3, which had previously seen successful launches in China…
Expanding Color Options for Tesla Owners Tesla, the trailblazer in electric vehicles, has recently updated its car wrap offerings, introducing a more affordable pricing structure and adding a new color, ‘Satin Abbyss Blue’, for Model 3 and Model Y owners.…
Updated Federal Tax Credit Alters Tesla’s EV Landscape The U.S. Treasury’s recent update on the federal electric vehicle (EV) tax credit, effective from January 2024, has reshaped the attractiveness of Tesla’s Model 3 configurations. With changes in eligibility, Tesla’s Model…
BYD Surpasses Tesla in Electric Car Sales In a significant shift in the electric vehicle (EV) industry, China’s BYD has overtaken Tesla as the world’s best-selling maker of electric cars. In the final quarter of last year, BYD, backed by…
Steady Increase in Market Share Amid Union Actions In December, Tesla saw a notable increase in new car registrations in Sweden, indicating a growing market presence despite facing union-led import hurdles. The data from Mobility Sweden revealed a 9% rise…
Volkswagen Embraces Tesla’s Charging Standard Volkswagen Group, a global automotive giant with brands such as Audi, Porsche, and Bentley, has announced its decision to adopt Tesla’s electric vehicle charging standard. This move places Volkswagen among the ranks of major automakers…
Tesla’s Strategic Move into Battery Manufacturing in China Tesla Inc. has made a significant move in China’s rapidly growing electric vehicle market by acquiring land in Shanghai to build a megapack battery manufacturing plant. The American electric vehicle (EV) giant…
Declining Prices Amid Unsold Inventory: A Boon for EV Buyers Electric vehicle (EV) prices are expected to become more affordable in 2024 due to an oversupply on dealer lots. Despite federal and state tax credits, the demand for EVs hasn’t…
As the holiday season charges up, we at EVXL.co want to extend our warmest wishes to all of our readers, electric vehicle enthusiasts, and the wider EV community. Whether you’re celebrating Christmas, enjoying the festivities of Hanukkah, observing the traditions…
The Brewing Conflict Between Tesla and UAW Elon Musk, the CEO of Tesla, is set to face a formidable challenge from the United Auto Workers (UAW) union in the coming year. This looming battle symbolizes a pivotal moment for both…
