Every EVXL story tagged “Tesla” — newest first.
Drama in the EV world: Volkswagen’s profits cratered 38% this half-year, as U.S. tariffs turn the green revolution into a red-ink mess. Volkswagen Group reported a sharp decline in profits for the second quarter and first half of 2025, even as vehicle deliveries rose, highlighting the challenges of transitioning to electric vehicles (EVs) while facing…
Hey Porsche lovers, ever feel the EV hype is slowing? Blume’s memo confirms it: “Our model no longer works,” sparking drama in the high-end electric world. Porsche CEO Oliver Blume has informed employees that the company’s longstanding business model is no longer viable in its present state, citing pressures from a volatile EV market, declining…
Ouch! Europe’s new car registrations tanked 5.1% last month—here’s why EV momentum is fading and what it spells for drivers. Europe’s automotive market faced a significant setback in June, with new car registrations dropping 5.1% to 1.24 million vehicles—the steepest decline in 10 months—as growth in battery-electric vehicle (EV) sales slowed to its weakest pace…
Nissan Motor Co. has announced the closure of vehicle production at its Oppama plant in Japan by the end of fiscal year 2027, a strategic move tied to the company’s push for profitability amid evolving electric vehicle demands. This decision affects a facility that pioneered the mass-market EV with the Nissan Leaf in 2010. Strategic…
Mercedes-Benz has announced a temporary halt to production of its EQE and EQS electric vehicle models in the U.S., a move that underscores growing challenges for the EV sector as federal incentives are poised to vanish. This decision arrives just ahead of the September 30 expiration of tax credits under the Biden administration, potentially signaling…
Spy photographers captured the first detailed images of the redesigned Chevrolet Bolt EV, showcasing an unwrapped side profile that hints at a crossover-like design while the front and rear stay heavily disguised. This update positions the vehicle as the first Bolt to leverage General Motors’ modern Ultium electric vehicle architecture, moving beyond the older battery…
Hyundai Motor Company introduces the IONIQ 9 Seed Ball Drone Station, transforming its flagship electric SUV into a versatile base for aerial reforestation, leveraging vehicle-to-load (V2L) technology to power drones in wildfire recovery efforts. This innovation extends the company’s Smart Forest Restoration Program, starting in Korea’s Uljin region hit by 2022 wildfires, and highlights EVs’…
Chinese electric vehicle manufacturers Neta and Zeekr have come under scrutiny for artificially boosting sales figures by insuring vehicles before actual buyer purchases, allowing them to meet aggressive targets amid fierce market competition. This revelation, detailed in a Reuters investigation, highlights ongoing challenges in China’s EV sector, where overcapacity and price wars pressure compani
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