Every EVXL story tagged “Tesla” — newest first.
Fisker, the struggling electric vehicle startup, has filed for Chapter 11 bankruptcy amid mounting financial woes and production challenges. The company, known for its Fisker Ocean electric SUV, had previously warned of a potential collapse due to insufficient funds to survive another year, reports CNN. In a statement, a Fisker spokesperson acknowledged the difficulties faced…
China has strongly criticized the European Union’s decision to impose tariffs of up to 38.1% on Chinese electric vehicles, calling it protectionist behavior and urging the EU to correct its “wrong practices,” reports Reuters. The reaction from China and other stakeholders, including European and Chinese automakers, highlights the opposition to the EU’s move and the…
The European Union’s decision to impose additional tariffs of up to 38.1% on electric vehicles imported from China has drawn criticism from Beijing and raised concerns about a potential trade war. The move follows an investigation into China’s state support for its EV industry, which the EU believes is causing harm to European carmakers, reports…
Volvo, the Swedish automaker owned by China’s Geely, is moving production of its electric vehicles (EVs) from China to Belgium as the European Union (EU) considers imposing tariffs on Chinese-made EVs, according to a report by The Times. EU Investigates Chinese EV Subsidies The European Commission launched an investigation in October 2023 to determine whether…
Germany’s Stance on EV Tariffs German Chancellor Olaf Scholz has voiced his opposition to restricting automotive trade, as the European Union moves closer to imposing tariffs on electric vehicles (EVs) imported from China. Scholz emphasized that Germany’s auto industry, which benefits significantly from business in China, can remain competitive with Chinese carmakers if trade is…
General Motors (GM) has announced ambitious plans for its next-generation Chevy Bolt, positioning it to become the most affordable electric vehicle (EV) in the US market. This move marks GM’s ongoing commitment to the EV revolution, despite some setbacks and evolving timelines. GM’s Electric Evolution GM’s journey in the electric vehicle landscape started with the…
Dirk Messner Calls for Fair, Science-Based Trade Rules In a speech at the German embassy in Beijing, Dirk Messner, president of Germany’s Environment Agency, emphasized the need for stronger multilateral ties to fight climate change amidst the current geopolitical challenges and erosion of trust in the international order. Speaking to the South China Morning Post,…
DJI Automotive Brings Drone Expertise to Cars DJI, the world’s leading drone manufacturer, is making significant strides in the automotive industry through its subsidiary, DJI Automotive. By leveraging its expertise in drone technology, DJI Automotive is reportedly offering affordable autonomous driving solutions to Chinese EV makers, accelerating the adoption of advanced driver assistance systems
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