Every EVXL story tagged “Tesla” — newest first.
Ford Motor Company expects a profit hit of up to $2 billion after a devastating fire at its key aluminum supplier, overshadowing third-quarter financial results that exceeded Wall Street expectations. The automaker slashed its full-year earnings guidance by up to 41% while its electric vehicle division continues bleeding over $1 billion per quarter. For EV…
Rivian has agreed to pay $250 million to settle a 2022 class-action lawsuit that accused the electric vehicle maker of misleading investors about vehicle pricing during its blockbuster 2021 initial public offering, according to a court filing Thursday. The settlement arrives at a critical juncture for the struggling EV startup. On the same day it…
Omoda & Jaecoo, the export brands of Chinese automotive giant Chery Group, unveiled plans for an internal combustion engine achieving 48% thermal efficiency at their International User Summit in October 2025. If realized, this would dramatically outpace the industry standard and even exceed Toyota’s class-leading hybrid powertrains. The announcement signals that while the world races…
Rivian‘s micromobility spinoff Also unveiled its first electric bike today alongside a major commercial partnership with Amazon, marking the EV maker’s expansion into urban transportation solutions for trips under 15 miles. Also announced the TM-B electric bike at an event in Oakland on October 22, launching a modular platform that applies Rivian’s software-first approach to…
Porsche is significantly altering its electric vehicle strategy, delaying the launch of some all-electric models and re-emphasizing combustion and hybrid powertrains in response to a cooling EV market and other economic pressures. The move, which includes a substantial cut to its profit forecast accorsing to the WSJ, signals a major recalibration for the iconic German…
Federal agents detained 475 workers at Hyundai’s $12.6 billion electric vehicle battery plant site near Savannah, Georgia, in what authorities described as the largest single-site immigration raid in the history of Homeland Security Investigations (HSI), reports The Atlanta Journal-Constitution. Largest Operation in HSI History Steven Schrank, special agent in charge of HSI Atlanta, said the…
The 2026 Porsche Cayenne Electric is nearing production and looks set to redefine the high-performance EV SUV segment. In early prototype drives outside Barcelona, Spain, Car and Driver reported that Porsche’s upcoming all-electric version of its flagship SUV will deliver up to nearly 1000 horsepower in its Turbo trim, lightning-fast 400-kW charging capability, and the…
Porsche is ending in-house battery cell production at its Cellforce subsidiary and converting the unit into a dedicated R&D operation, citing insufficient volumes, lack of economies of scale, and tougher conditions in the U.S. and China. Roughly 200 of 286 jobs at the Kirchentellinsfurt site are expected to be cut, with some potentially absorbed by…
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