Every EVXL story tagged “Tesla” — newest first.
Hyundai Motor Co. is set to raise the price of all its US vehicles, including electric models, by 1% as early as next week, a move aimed at cushioning the impact of tariffs imposed by President Donald Trump. The South Korean automaker’s decision, reported by Bloomberg, comes as the industry braces for increased costs, potentially…
General Motors (GM) is channeling a hefty $888 million into its Tonawanda propulsion plant in Buffalo, New York, to boost production of the next-generation V8 engine, signaling a strategic recalibration in its electric vehicle (EV) ambitions. Announced on May 28, 2025, this investment highlights the automaker’s response to slower-than-expected EV demand while maintaining its foothold…
On May 28, 2025, Brazilian prosecutors filed a lawsuit against Chinese electric vehicle (EV) giant BYD and two of its contractors, alleging the use of slave-like labor conditions and international human trafficking at a factory construction site in Camaçari, Brazil. The case, which seeks damages of 257 million Brazilian reais—approximately $50 million USD—highlights serious labor…
China’s commerce ministry is cracking down on a growing trend in the electric vehicle (EV) market: the sale of “zero-mileage” used cars—vehicles registered and plated but never driven. This practice, highlighted by Great Wall Motor’s Chairman Wei Jianjun, has sparked a regulatory response as automakers like BYD and Dongfeng Motor navigate intense competition and aggressive…
Volvo Cars announced on May 26, 2025, that it will cut 3,000 jobs globally, primarily targeting white-collar roles, as the automaker grapples with high costs, a slowdown in electric vehicle (EV) demand, and looming trade tariffs, reports Automotive News. The decision comes amid a challenging period for the automotive industry, with Volvo citing the need…
Nissan, a key player in the electric vehicle (EV) industry, may sell its global headquarters in Yokohama, Japan, valued at $700 million, as part of a broader cost-cutting strategy to navigate financial challenges. According to a recent report by Nikkei Asia, the Japanese automaker is exploring asset sales to stabilize its operations after reporting a…
Volvo Cars’ CEO, Hakan Samuelsson, has raised concerns over looming tariffs that could significantly increase costs for electric vehicle (EV) buyers in the United States. In a recent statement, Samuelsson highlighted the challenges of maintaining affordability for models like the Volvo EX30 amid a proposed 50% tariff on European imports, as reported by Reuters. Tariffs…
Subaru is doubling down on its electric vehicle (EV) strategy in Europe, aiming to navigate the challenges of electrification while staying true to its rugged, all-wheel-drive heritage. According to a recent Autocar interview with Subaru Europe boss David Dello Stritto, the company plans to roll out new EVs and leverage its partnership with Toyota to…
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