Toyota
Momenta Hong Kong IPO Filed: Why Toyota’s Self-Driving Partner Abandoned Wall Street
Momenta, the autonomous driving startup powering self-driving systems for BMW, Mercedes-Benz, and Toyota, has filed for a Hong Kong IPO
Tesla
Every EVXL story tagged “Tesla” — newest first.
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Germany
Zeekr Launches In Germany With Three EVs That Undercut BMW And Mercedes
Chinese premium EV maker Zeekr officially began sales in Germany on Monday, bringing three electric models priced from €37,990 ($44,065) to the doorstep of BMW, Mercedes, and Volkswagen. We’ve been tracking China’s EV invasion of Europe for years, and this launch marks a pivotal escalation: a Geely-owned brand is now competing head-to-head with German automakers…
BYD
BYD Recall 2025: 89,000 Qin PLUS Hybrids Hit By Battery Quality Problems
BYD just announced its third major recall of 2025, and the pattern is becoming impossible to ignore. China’s market regulator confirmed Friday that BYD will immediately recall 88,981 Qin PLUS DM-i plug-in hybrids over battery pack quality issues. The affected vehicles were produced between January 2021 and September 2023, according to Reuters. The issue stems…
Germany
Germany Officially Challenges EU’s 2035 ICE Ban: Merz Sends Letter to Brussels
Germany just made it official. Chancellor Friedrich Merz confirmed today that he’s sending a letter to European Commission President Ursula von der Leyen demanding that Brussels allow plug-in hybrids and “highly efficient” combustion engines to be sold beyond the 2035 deadline. “We’re sending the right signal to the commission with this letter,” Merz said at…
F-150 Lightning
FedEx Bets $160M on EV Startup Founded by Veterans of Failed Companies
The founders of Harbinger Motors have watched EV startups collapse from the inside. Now FedEx is betting they learned the right lessons. Harbinger Motors, a medium-duty electric truck chassis maker led by veterans of failed EV companies Faraday Future, Canoo, and CODA, just closed a $160 million Series C funding round co-led by FedEx. The…
Fiat
European Automakers Push For 2035 Combustion Engine Ban Reprieve As EV Transition Stalls
Europe’s embattled carmakers are hoping for regulatory relief when Brussels unveils an auto sector package on December 10, which could water down an effective ban on new combustion engines initially slated for 2035. The continent’s automakers from Volkswagen to Renault had high hopes for the electric vehicle shift when they set ambitious targets at the…
China
VW Opens €2.9B China Lab After German Software Division Burns €12 Billion
Volkswagen just admitted what we’ve been reporting for years: German engineering can’t keep up with China’s EV pace. The automaker completed its €2.5 billion ($2.9 billion) test center in Hefei on Tuesday, claiming it can now slash development costs by up to 50% while accelerating timelines by 30%. This marks the first time in Volkswagen’s…
Hyundai
Hyundai Claims No. 2 Profit Crown as Volkswagen Drowns in Billions of Losses
Hyundai Motor Group has officially dethroned Volkswagen as the world’s second-most profitable automaker, CEO José Muñoz declared at a high-performance vehicle launch in France, widening the gap between the surging Korean conglomerate and Europe’s largest automaker now hemorrhaging cash. The announcement came as Volkswagen continues its catastrophic 2025, posting a €1.3 billion quarterly loss while
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