Every EVXL story tagged “Tesla” — newest first.
Global sales of electric vehicles (EVs) and plug-in hybrids jumped 30.5% year-over-year in September, according to data from market research firm Rho Motion. This surge was primarily driven by China’s record-breaking numbers and a return to growth in Europe. China Leads the Charge China’s EV market continued its explosive growth, with sales skyrocketing 47.9% to…
The CEO of BMW, Oliver Zipse, has cautioned that the European Union’s plans to ban traditional combustion engines by 2035 may no longer be realistic and could lead to a significant contraction of the automotive industry. This warning came during the Paris motor show, as reported by The Guardian. Industry Concerns and Competition Zipse expressed…
In a stunning reversal of fortune, Germany’s automotive powerhouses are finding themselves outpaced and outmaneuvered in the world’s largest car market. A recent Bloomberg report paints a sobering picture of how Volkswagen, BMW, and Mercedes-Benz are desperately scrambling to catch up with local Chinese brands in the electric vehicle race. The EV Revolution Leaves German…
Volkswagen’s banking on affordable electric vehicles to revive its flagging sales in Europe and China, echoing a strategy from the 1970s oil crisis. According to Fortune, the German automaker plans to roll out eight new budget-friendly EVs by 2027. From Elektro Bus to ID.2all: VW’s Electric Evolution Back in the early ’70s, VW experimented with…
Polestar, the struggling electric vehicle manufacturer, is changing tactics to boost sales after reporting a significant drop in deliveries. According to a Bloomberg report, the company’s new CEO is pushing for a more traditional sales approach by selling cars through dealerships, not just online. A New Strategy for Survival Polestar’s new chief executive, Michael Lohscheller,…
Volkswagen Group reported a complex picture for its electric vehicle (EV) sales in the third quarter of 2024, according to a recent press release. While overall deliveries declined, there were bright spots in certain markets and segments. Global EV Deliveries Down, But Order Intake Surges The automaker delivered 506,500 battery electric vehicles (BEVs) worldwide in…
BMW Group is making waves in the electric vehicle market, with their latest quarterly report revealing a stark contrast between EV sales and overall performance. According to their Q3 2024 figures, the German automaker’s electric vehicle deliveries are climbing steadily, even as total sales face significant headwinds. EV Sales Climb as Overall Numbers Take a…
Mercedes-Benz is facing a tough road with its electric vehicle lineup, according to recently reported Q3 sales figures. The luxury automaker saw EV sales plummet 42% compared to the same quarter last year, even as overall sales climbed. EV Sales Nosedive The numbers don’t lie – Mercedes’ trio of EVs took a beating: All told,…
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