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Oct 23
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BYD Recalls Nearly 97,000 EVs Over Potential Fire Risk
F-150 Lightning

Detroit 3 Hold Less Than 5% Global EV Market Share

Ford, GM, and Stellantis collectively control less than 5% of the global electric vehicle market while Chinese automakers BYD, Geely, and Chery dominate, according to new BloombergNEF data reported by The Wall Street Journal. Why it matters: The gap exposes how far behind American automakers have fallen in the EV race they once claimed to…

Audi E5 Sportback China Price Sparks European Buyer Fury
Audi

Audi E5 Sportback China Price Sparks European Buyer Fury

A viral YouTube video exposing the Audi E5 Sportback’s €40,000 ($47,000) China price tag has ignited outrage among European buyers. Why it matters: German consumers are learning they pay at least double for equivalent Audi EVs built in their own country. The Details By The Numbers EVXL’s Take This viral moment exposes the uncomfortable reality…

Ford F-150 Lightning Outpaces Tesla Cybertruck in Q1 2025 EV Pickup Race
F-150 Lightning

Ford Kills F-150 Lightning, Takes $19.5 Billion EV Writedown

Ford announced a $19.5 billion charge on its electric vehicle business, the largest EV impairment in U.S. auto industry history. Why it matters: The Detroit automaker is abandoning its all-electric pickup strategy and pivoting to hybrids, signaling the post-subsidy EV collapse has forced a fundamental retreat. The Details By The Numbers EVXL’s Take This is…

EV Tensions Rise: EU Launches Subsidy Probe, China Reacts Strongly
BYD

European Luxury Cars Collapse in China as BYD Steals Market

European luxury automakers are bleeding market share in China as consumers abandon six-figure German sedans for cheaper domestic brands led by BYD. Why it matters: China’s premium segment has shrunk for the third straight year while Chinese brands now control nearly 70% of the world’s largest auto market. The Details By The Numbers EVXL’s Take…

Nissan Banks on Tennessee for 2026 Recovery With Hybrid Push
Tennessee

Nissan Banks on Tennessee for 2026 Recovery With Hybrid Push

Nissan Americas Chairman Christian Meunier says Tennessee manufacturing will anchor the automaker’s turnaround after a disastrous fiscal year that ended with a $1.39 billion operating loss. Why it matters: Nissan is betting on U.S.-built hybrids to compete with Toyota while tariffs reshape the industry. The Details By the Numbers EVXL’s Take Meunier’s back-to-basics approach shows…

Renault

Renault Kills Car-Sharing, Slashes EV Charging Plans in Profit Pivot

Renault is shutting down its Zity car-sharing services and dramatically scaling back EV charging infrastructure plans as new CEO François Provost prioritizes profitability over expansion at the French automaker’s Mobilize unit. Why it matters: The retreat signals another European automaker abandoning ambitious EV infrastructure investments amid brutal cost pressures and slowing returns. The Detail

Stellantis Posts €20 Billion Net Loss as CEO Filosa Promises Profitability Return That Won't Arrive Until 2027
Stellantis

Stellantis Exceeds Italy Supplier Target, Eyes Production Rebound

Stellantis spent over 7 billion euros ($8.1 billion) with Italian suppliers in 2024, beating its own target by 1 billion euros. Why it matters: The investment boost comes as the automaker faces its lowest Italian production in nearly 70 years and a critical EU emissions decision on December 16. The Details By The Numbers EVXL’s…

China's EV Trade Tussle: A Rocky Road Ahead in Europe
China

China Says EU Talks on EV Minimum Price Plan Have Resumed

China’s commerce ministry confirmed Thursday that negotiations with the European Union over a minimum price plan for Chinese electric vehicles have restarted. Why it matters: A successful deal could replace the EU’s 45.3% tariffs with price commitments, reshaping how Chinese EVs enter Europe. The Details By the Numbers What China Said “China welcomes the EU’s…

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