Every EVXL story tagged “BMW” — newest first.
BMW’s recent announcement about cutting its profit margin forecast due to sluggish demand in China is just the tip of the iceberg. According to analysts, electric vehicles (EVs) are shaking up auto sales in the world’s biggest market, leaving foreign car manufacturers struggling to keep up, reports VOA News. The Rise of Chinese EVs In…
Sales of Chinese brands are up nearly 22% with Chinese companies overwhelmingly dominating sales of the EV market. Overcapacity in China’s auto manufacturing has become a major point of tension between the country and other big economies. The complaint from the west is that Beijing’s industrial policy has unfairly advantaged Chinese companies, leading to fears…
Panasonic Energy has just announced that it’s all set to start mass-producing its 4680 electric vehicle (EV) batteries. The company’s renovated plant in Kinokawa, Wakayama prefecture, Japan, is geared up to be the main hub for these new cells, which are said to have five times the capacity of their smaller 2170 counterparts, reports Reuters.…
Volkswagen, the German auto giant, is hitting some speed bumps on its journey to electric vehicles (EVs). The company’s facing tough times as it tries to keep up with the fast-changing EV market, according to a recent Wall Street Journal report. EV Investment Dilemma Volkswagen’s in a tight spot. They can’t easily cut back on…
European automakers, particularly Volkswagen, are facing a significant crisis in their electric vehicle (EV) production efforts. According to a recent Bloomberg report, German and French carmakers are rapidly losing ground in the race to produce EVs, leading to potential factory closures and a reevaluation of their electric future. VW’s Electric Dreams Turn Sour Volkswagen AG,…
Tesla’s push for widespread adoption of its North American Charging Standard (NACS) is gaining momentum, as production of NACS adapters ramps up significantly. According to a recent post by Tesla Charging on X (formerly Twitter), the GFNY team has reached a production milestone of 8,000 NACS adapter units per week. Ramping Up Production The Tesla…
Ford Motor Company has officially canceled its highly anticipated three-row electric SUV, dubbed the “personal bullet train,” in a significant pivot away from its aggressive electric vehicle (EV) strategy. This decision, reported by Reuters, marks a major shift in the automaker’s approach to electrification and reflects the challenges facing the EV market. The Rise and…
Cadillac is making waves in the luxury electric vehicle market with its latest concept, the Opulent Velocity. Unveiled at The Quail during Monterey Car Week, this all-electric hypercar represents Cadillac’s bold vision for its high-performance V-Series lineup in the EV era. The concept showcases a blend of ultra-luxury and advanced performance, signaling Cadillac’s ambitious plans…
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