Every EVXL story tagged “SEC” — newest first.
In June 2025, Tesla’s UK sales climbed 3.7% to 7,700 vehicles, a modest recovery after a sluggish first half, according to data from the Society of Motor Manufacturers and Traders (SMMT). This uptick follows a 1.3% year-to-date decline, with 22,700 Tesla vehicles registered in the UK through June. The broader electric vehicle (EV) market also…
Thailand’s ambitious plan to become a regional hub for electric vehicle (EV) production is under strain as China’s hyper-competitive EV market spills over, threatening smaller brands and local goals, reports Reuters. With Chinese EV makers dominating over 70% of Thailand’s EV market, the intense rivalry and price wars are testing the country’s strategy to have…
Stellantis is set to launch a new hybrid Fiat 500 in November 2025, priced at $20,000 (17,000 euros), aiming to revitalize its struggling Italian manufacturing, according to Fiat’s CEO Olivier Francois. The move comes as the automaker grapples with a 46% drop in Italian car production in 2024, hitting a historic low since 1956, driven…
In June 2025, Tesla’s new car sales in the United Kingdom climbed 12% compared to the previous year, driven by the launch of its refreshed Model Y, according to New AutoMotive data, reported by Reuters. This growth highlights a robust demand for battery electric vehicles (EVs) as the UK market continues its shift toward sustainable…
On July 3, 2025, Congress passed legislation that will terminate the $7,500 federal tax credit for new electric vehicle (EV) purchases or leases and the $4,000 credit for used EVs, effective September 30. This decision, reported by Reuters, marks a pivotal shift for EV owners and the automotive industry, potentially slowing the U.S.’s transition to…
Geely Automobile Holdings, led by billionaire Li Shufu, is making waves in Europe’s electric vehicle (EV) market by launching its namesake brand in Italy with all-electric and hybrid SUVs. Announced on Thursday, July 3, 2025, this move marks Geely’s first entry into Italy, partnering with Saudi-owned distributor Jameel Motors to introduce the EX5 electric SUV…
Rivian Automotive, a key player in the electric vehicle (EV) market, reported a significant decline in deliveries for the second quarter of 2025, reflecting broader industry struggles. The company delivered 10,661 vehicles, a 22% drop from the 13,790 vehicles delivered in Q2 2024, according to Reuters. This downturn, coupled with production constraints and looming policy…
China’s electric vehicle (EV) market, the world’s largest, faces a dramatic shakeout, with only 15 of the current 129 EV and plug-in hybrid brands expected to remain financially viable by 2030, reports Reuters. Intense competition, overcapacity, and a brutal price war are forcing consolidation, reshaping the industry’s future, according to a new report from AlixPartners.…
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