Every EVXL story tagged “BMW” — newest first.
Mercedes-Benz, the German luxury automaker, has seen a significant drop in its share price following a profit warning issued on September 20, 2024. The company cited weakening demand in China as the primary reason for the downgrade, which has had ripple effects across the European automotive sector, reports CNBC. Profit Warning Details Mercedes-Benz announced a…
Mercedes-Benz is pulling out of China’s electric vehicle market, selling its remaining stake in premium EV maker Denza. This move comes as luxury spending in the world’s largest auto market takes a hit, according to a recent report from The Wall Street Journal. Unwinding a Decade-Long Partnership The German automaker has decided to unwind its…
BYD, China’s leading electric vehicle (EV) maker, is making a bold move into Europe, with its first assembly plant set to open in Hungary. This strategic decision comes as the European Union considers raising tariffs on EVs imported from China, making local production a smart and necessary play, reports The New York Times. Racing Against…
Electric vehicle (EV) batteries are on track for a major sustainability upgrade, potentially revolutionizing the industry’s environmental impact and supply chain. According to a recent report from The Economist, most EV batteries could soon be made by recycling old ones, marking a significant shift towards a circular economy in the automotive sector. Demand Surge Drives…
Investors in Asia’s electric vehicle (EV) battery sector are keeping a close eye on the US presidential race, with even unexpected factors like Taylor Swift’s potential endorsements making waves. This heightened interest comes from the significant impact the election outcome could have on EV-related stocks, according to a recent Financial Times report. Trump’s Stance and…
The UK government confirmed that sales of some new hybrid cars will be allowed until 2035, while maintaining its commitment to ban new petrol
Volkswagen, once a titan of the auto industry, is now facing a triple threat that’s putting its EV ambitions in jeopardy. According to a recent report from POLITICO, the German carmaker is grappling with challenges from China, a lagging EV transition, and labor concerns. The Fall from Grace Remember when VW’s Herbert Diess and Tesla’s…
The electric vehicle landscape is evolving rapidly, and Porsche’s latest entry is making waves. Sawyer Merritt recently broke the news about the Porsche Macan EV receiving its official EPA range rating, and the numbers are turning heads in the automotive world. Range That Rivals the Best The standard Macan EV has achieved an EPA-rated range…
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