Every EVXL story tagged “Europe” — newest first.
Porsche is ending in-house battery cell production at its Cellforce subsidiary and converting the unit into a dedicated R&D operation, citing insufficient volumes, lack of economies of scale, and tougher conditions in the U.S. and China. Roughly 200 of 286 jobs at the Kirchentellinsfurt site are expected to be cut, with some potentially absorbed by…
Lucid Motors will move forward with a rare 1-for-10 reverse stock split, set to take effect on September 2, in an effort to boost the electric vehicle (EV) maker’s struggling share price, according to a Barron’s report. The move comes as Lucid stock trades near record lows and far below early Wall Street expectations for…
California is preparing to revive its own electric vehicle (EV) subsidies after the Trump administration dismantled federal support, eliminating tax credits and rolling back zero-emission mandates. State officials this week submitted a report to Gov. Gavin Newsom detailing strategies to sustain EV adoption in the absence of federal backing, as reported by the Los Angeles…
British EV shoppers can reportedly lease a Tesla for just over half last year’s monthly rate, as The Times reports the automaker is offering steep fleet discounts to move inventory in the UK, reports Reuters. The news outlet said it could not immediately verify the report and Tesla did not comment. Leasing discounts and inventory…
Rivian CEO RJ Scaringe has hinted at a broader lineup of affordable electric vehicles, including the R4, R5, and potentially an R6, following the launch of the R2 in early 2026 and R3 in 2027. The comments came during his appearance on Daniel Tosh’s Tosh Show podcast, where he also discussed the company’s ongoing production…
Hey EV fans, tired of Tesla’s pricing games? China’s got bigger drama: officials are begging makers like BYD and XPeng to quit the price wars before they tank the whole industry. China is urging its electric vehicle industry to stop cutting prices and rein in production amid fears that persistent deflation is imperilling economic growth.…
EV owners, rejoice (or worry?): Spain’s Tesla sales jumped 27% in July, but the real story is electrified vehicles skyrocketing 155%. Here’s why it matters to you. In July 2025, Tesla’s new car sales in Spain jumped 27% year-over-year, reaching 702 vehicles, according to registration data from industry group ANFAC. This growth aligns with a…
Imagine shelling out for a sleek Porsche Taycan, only for tariffs to jack up prices – that’s the harsh reality hitting Mercedes and Porsche as they slash profit forecasts amid US trade blows and China’s cutthroat EV battles. Mercedes-Benz Group AG and Porsche AG have revised their annual profit expectations downward, highlighting the impact of…
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