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Ford

Every EVXL story tagged “Ford” — newest first.

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Wolfspeed Shares Plummet 23% as Slowing EV Demand Hits Revenue Forecast

On May 9, 2025, Wolfspeed (WOLF.N), a key player in the electric vehicle (EV) supply chain, saw its shares drop 23% after the company raised concerns about its financial stability and slashed its annual revenue forecast. The chipmaker, known for producing silicon carbide (SiC) wafers critical for EV power electronics, is grappling with sluggish demand…

Starting from 2025, Nissan vehicles will be equipped with the Tesla-developed North American Charging Standard (NACS) port. This is a strategic step towards Nissan’s target of making 40% of U.S. vehicle sales fully electric by 2030.
Nissan

Nissan Cancels $1.1 Billion EV Battery Plant in Japan Amid Financial Turnaround Efforts

Nissan Motor Co. has halted its $1.1 billion plan to construct an electric vehicle (EV) battery plant in Kitakyushu, Japan, as the company shifts focus to financial recovery amid a projected record net loss. Announced on May 9, 2025, this decision underscores Nissan’s broader restructuring strategy under new CEO Ivan Espinosa, impacting its EV production…

Tesla

Mazda Adopts Tesla’s North American Charging Standard for EVs in Japan Starting 2027

Mazda has taken a significant step in the electric vehicle (EV) landscape by partnering with Tesla to adopt the North American Charging Standard (NACS) for its battery electric vehicles (BEVs) launching in Japan from 2027 onward. This agreement, announced on May 9, 2025, aims to enhance charging accessibility for Mazda EV owners in Japan by…

Toyota’s Bid for Nissan Alliance Signals Strategic Shift in EV Landscape
Nissan

Mitsubishi Unveils EV Comeback with Nissan Leaf Partnership for 2026 Launch

Mitsubishi is making a bold return to the electric vehicle (EV) market, announcing a new battery-electric model set to launch in the United States and Canada in summer 2026. The automaker revealed this development in a press release on May 7, 2025, highlighting its collaboration with alliance partner Nissan. This move marks Mitsubishi’s re-entry into…

Kia

Kia EV5 Global Launch Set for 2025: Upgraded Electric SUV Targets Tesla Model Y

Kia is gearing up to launch the global version of its EV5 electric SUV in the third quarter of 2025, bringing a refined contender to the electric vehicle market. With production slated at Kia’s Autoland Gwangju plant in South Korea, the EV5 aims to challenge the Tesla Model Y with competitive pricing, updated design, and…

Slate

Slate Auto Secures $700M with Jeff Bezos Backing to Redefine Affordable EVs

Slate Auto, an upstart electric vehicle manufacturer, is making waves with a $700 million fundraising haul backed by Jeff Bezos’s investment firm, Bezos Expeditions. The funding, confirmed by Newsweek, spans Series A and B rounds, with the final close in late 2024, setting the stage for Slate to challenge the EV market with its no-frills,…

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