Every EVXL story tagged “China” — newest first.
Volvo Cars, a Swedish automaker renowned for its sleek electric vehicles (EVs), reported a staggering 11% drop in overall sales for April, with fully electric models like the ES90 taking a brutal 32% hit, according to a Reuters report. This decline, which saw sales fall to 58,881 vehicles compared to the previous year, signals turbulence…
Tesla’s energy storage business, powering homes and grids with Megapack and Powerwall systems, delivered a lifeline in a tough first quarter of 2025, raking in $2.73 billion—a 67% jump from last year, according to Business Insider. Yet, while this side hustle cushioned a 20% drop in automotive revenue and a net income plunge to $409…
On April 27, the BYD Shenzhen, the world’s largest car carrier, embarked on its maiden voyage from Taicang port in Jiangsu Province, China, carrying a staggering 7,000 electric vehicles (EVs) destined for Brazil. According to FastCompany, this massive ship, owned by Chinese automaker BYD, marks a bold step in the company’s global expansion, showcasing its…
In a surprising move, Tesla has introduced a 1.99% APR financing offer for its newly redesigned Model Y in the U.S., a clear sign of weaker-than-expected demand for the popular electric SUV. Announced on May 2, 2025, this incentive, available for well-qualified buyers on the Long Range AWD model, effectively cuts thousands off the purchase…
BYD’s premium Denza brand has unveiled the 2025 Denza Z, a near-production electric sports car concept designed to challenge the Porsche 911’s dominance in performance and prestige. Revealed with striking aerodynamics and cutting-edge tech, this sleek coupe and convertible aims to blend track-ready dynamics with accessible pricing, signaling a seismic shift in the electric vehicle…
Rivian Automotive’s stock soared this week after reports revealed the electric vehicle (EV) maker outsmarted looming U.S. tariffs by stockpiling critical battery materials from Asia. According to Bloomberg, Rivian quietly amassed lithium-iron phosphate (LFP) battery cells from China’s Gotion High-Tech Co. late last year, a move that’s now shielding it from tariff-driven cost spikes and…
Rivian, the electric vehicle (EV) innovator, is bracing for turbulence from President Trump’s new auto tariffs by stockpiling critical battery supplies, ensuring its production lines keep humming. According to a Bloomberg report, Rivian began amassing lithium-iron phosphate (LFP) battery cells from China’s Gotion High-Tech last year, a strategic move to shield its Commercial Van and…
NIO Inc., a trailblazer in smart electric vehicles, has set the EV world abuzz with its April 2025 delivery figures, driven by the launch of its compact Firefly model. The company delivered 23,900 vehicles, a 53% surge from last year, with cumulative deliveries hitting 737,558 by April 30, 2025, according to NIO’s official announcement. For…
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