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.…
Analyst Downgrades Rivian Stock Amid Demand Concerns Rivian Automotive, a key player in the electric vehicle (EV) market, has seen its stock downgraded to ‘Hold’ from ‘Buy’ by Wolfe Research analyst Rod Lache. The downgrade reflects concerns about the company’s…
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…
Taycan Outruns Rivals with Record Lap Porsche has made a groundbreaking achievement at the Nürburgring with its pre-series Taycan, driven by Lars Kern, who set a remarkable lap time of 7:07.55 minutes. “I pushed as hard as I could, but…
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…
Introducing the All-Electric Escalade IQ General Motors has taken a groundbreaking step in the luxury vehicle market with the introduction of the 2025 Cadillac Escalade IQ, an all-electric version of its iconic Cadillac Escalade. This move signifies a major shift…
Gratitude and Aspirations for 2024 EVXL.co extends its warmest gratitude to its dedicated readers as we bid farewell to another year of electric vehicle advancements. As we step into 2024, EVXL.co is thrilled to continue being your trusted source for…
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…
VinFast Partners with Leith Automotive Group in North Carolina Vietnamese electric vehicle (EV) maker VinFast marks a significant milestone by launching its first U.S. dealership in partnership with the North Carolina-based Leith Automotive Group. This strategic move is part of…
Xiaomi’s First Electric Car: The SU7 Chinese smartphone giant Xiaomi has unveiled its first electric vehicle (EV), the SU7, marking its entry into the automotive industry. The sedan, symbolizing Speed Ultra, is anticipated for its “super electric motor” technology, promising…
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…
Chinese EV Maker Nio Challenges Luxury Car Segment with High-End ET9 Model In a bold move to redefine luxury electric vehicles (EVs), Chinese EV manufacturer Nio has revealed the ET9, its most expensive and technologically advanced executive sedan yet. The…
A Bold Move to Combat Climate Change Canada has taken a significant step in its fight against climate change by mandating that all new cars sold by 2035 must be zero-emission. This bold move, announced by Environment Minister Steven Guilbeault,…
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…
Addressing Tesla’s Autopilot Concerns Tesla, in response to a two-year investigation by the National Highway Traffic Safety Administration (NHTSA), is initiating a significant recall of over two million vehicles. This action aims to address safety issues associated with Tesla’s Autopilot…
Uber and Carrefour Énergies Forge Alliance for EV Charging Access Uber and Carrefour have joined forces in a strategic partnership that promises to enhance the electric vehicle (EV) charging infrastructure for Uber drivers. Announced on Tuesday, this collaboration will reportedly…
Exploring New Alliances with Audi and Mercedes Huawei Technologies, a leading Chinese tech giant, is actively seeking to expand its influence in the smart car industry by approaching global automobile heavyweights, Mercedes Benz and Volkswagen’s Audi. According to insider sources,…
Tesla Drone Power Used In Giga Berlin’s Inventory Count In a groundbreaking move, Tesla Drone Technology has revolutionized inventory management at its Giga Berlin factory with the introduction of two highly advanced, fully autonomous drones. Named “Pathfinder” and “Opportunity”, these…
Nio’s Strategic Shift: Additional Job Cuts Loom Amid EV Market Challenges Electric vehicle manufacturer Nio Inc is poised to make deeper cuts into its workforce, indicating a significant shift in its business strategy. Following last month’s announcement of a 10%…
Honda Prepares to Unveil New Global EV Series at CES 2024 Honda is gearing up to make a significant splash in the electric vehicle (EV) market with the anticipated launch of its new global EV series at the Consumer Electronics…
Solidarity Across Borders: Unions Support Swedish Mechanics in a Standoff with Tesla In a striking display of Nordic unity, Norway’s largest private sector labor union, Fellesforbundet, announced its support for Swedish Tesla mechanics by blocking transit shipments of Tesla cars…
Nio’s Comeback: Narrowing Losses Signal Rising Hope Nio, China’s prominent electric vehicle (EV) maker, saw its shares reportedly jump by 4% following a report of narrower-than-expected losses, signaling a potential turnaround for the company. Amidst a fiercely competitive EV market…
Tesla’s Insurance Woes: Lawsuit Over Inflated Premiums Tesla’s insurance unit is reportedly embroiled in a prospective class-action lawsuit, a development that adds to the slew of legal challenges the electric automaker, led by Elon Musk, has faced recently. Ricky Stephens,…
The EV Dilemma: China’s Dominance Meets U.S. Resistance As the world convenes in Dubai to address carbon emissions, the shift from gas-powered to electric vehicles (EVs) hits a geopolitical impasse, according to Axios. Two-thirds of the world’s EVs are made…
BYD Enhances Reward System to Counter Smear Campaigns China’s leading electric vehicle manufacturer, BYD, announced on Sunday that it is making its tipster reward system permanent. This initiative offers up to 5 million yuan ($700,918) to individuals who provide credible…
Nio Secures Key Position in China’s EV Industry In a significant development for the electric vehicle (EV) sector, Nio, a prominent EV maker, has been added to a Chinese industry ministry database, authorizing companies to manufacture vehicles in China. This…
Tesla’s Sales Dip in China Amidst Intensifying EV Competition Tesla, the renowned U.S. automaker, experienced a significant 17.8% drop in sales of its China-made electric vehicles (EVs) this November, marking the largest decline since December 2022. The China Passenger Car…
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