Every EVXL story tagged “SEC” — newest first.
Electric trucks are transforming China’s heavy-duty vehicle market, with sales surging 175% in the first half of 2025 to reach 76,100 units, accounting for about 25% of all new truck sales. This rapid shift, fueled by subsidies and expanding charging networks, is cutting diesel consumption and pushing forward the timeline for peak oil demand in…
The U.S. National Highway Traffic Safety Administration (NHTSA) has launched an investigation into the effectiveness of a prior recall remedy for over 27,000 Polestar 2 electric vehicles, following persistent reports of rear-view camera malfunctions. This action highlights ongoing safety concerns in the EV sector, where software updates often serve as fixes for hardware-related issues. According…
The electric vehicle (EV) industry celebrates a milestone as the Lucid Air Grand Touring shatters the Guinness World Record for the longest drive on a single charge. Covering 749 miles (1,205 kilometers) from St. Moritz to Munich without recharging, this achievement highlights the impressive range and efficiency of modern EVs. Posted by Sawyer Merritt on…
In a last-minute reprieve, Ford Motor’s $3 billion battery factory in Marshall, Michigan, will retain federal tax credits despite a controversial budget bill, ensuring the production of cost-effective electric vehicle (EV) batteries, the carmaker announced this week. The NYT reports that Ford confirmed that tweaks to the bill’s language preserve incentives for the plant, which…
South Korea’s LG Energy Solution (LGES), a leading supplier of electric vehicle (EV) batteries for giants like Tesla and General Motors, reported a remarkable 152% increase in its second-quarter operating profit for 2025, reaching 492 billion won ($360.94 million), according to Reuters. This surge, driven by heightened demand for EV batteries and strategic U.S. tax…
Chinese electric vehicle giant BYD is set to launch its first assembly plant in Brazil this month, a strategic move to localize production and counter rising import tariffs in its largest foreign market. According to Reuters, the Bahia facility will assemble 50,000 electric vehicles in 2025, marking a significant step for BYD’s global expansion and…
Honda Motor has canceled its development of a large electric SUV targeted for a 2027 release, citing declining electric vehicle (EV) demand in the United States, according to a Nikkei Asia report. This decision reflects broader industry shifts as automakers recalibrate strategies in response to market and policy changes, redirecting focus toward hybrid vehicles to…
A new study reveals that upholding the European Union’s 2035 zero-emission car target could safeguard 1 million auto industry jobs and drive significant growth in electric vehicle (EV) production. Published by Transport & Environment (T&E), the report underscores the critical role of supportive policies in maintaining Europe’s competitive edge in the global EV market amidst…
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