Every EVXL story tagged “Volkswagen” — newest first.
The UK’s auto industry is sounding the alarm over sluggish electric vehicle (EV) sales, warning that missing government-set targets could lead to hefty fines for manufacturers and pricier cars for consumers. This news comes from a Financial Times report detailing the industry’s plea for tax incentives to boost the EV market. Industry Warns of Missed…
Tesla’s upcoming Robotaxi Day could be a pivotal moment for the electric vehicle giant and its CEO, Elon Musk. According to a Barron’s article, the event on October 10 in Hollywood, California, may determine whether Tesla regains its position among the “Magnificent Seven” tech companies or becomes just another automaker in a crowded EV market.…
Automakers in the UK are set to provide at least £2 billion ($2.6 billion) in electric vehicle discounts this year, yet they’re still falling short of the government’s sales mandate, according to a Bloomberg report. Record EV Registrations, but Not Enough Despite steep price cuts driving battery-electric vehicle registrations to a record high in September,…
Battery-electric vehicles (BEVs) are maintaining their foothold in the US auto market, defying a broader slowdown in new vehicle sales. According to estimates from S&P Global Mobility, BEVs claimed 8% of new vehicle sales in June and July, with September expected to surpass that benchmark. This resilience comes at a time when the overall auto…
Siemens is carving out its electric vehicle (EV) charging business, aiming to charge up growth in this booming sector. The German industrial giant announced on Monday that it plans to separate its Siemens eMobility unit, combining it with recently acquired DC fast-charging specialist Heliox under a new legal structure. Riding the EV Wave The EV…
Spy shots of Nio’s upcoming Firefly electric vehicle have surfaced, giving us our first glimpse of the interior. Auto Home, a local automotive media outlet, shared these images revealing key details about Nio’s third brand. Dual-Screen Setup and Steering Wheel Design The Firefly model sports a dual-screen setup, featuring an LCD dashboard and a floating…
Mercedes-Benz, the German luxury automaker, has seen a significant drop in its share price following a profit warning issued on September 20, 2024. The company cited weakening demand in China as the primary reason for the downgrade, which has had ripple effects across the European automotive sector, reports CNBC. Profit Warning Details Mercedes-Benz announced a…
Rivian is making waves in the electric vehicle (EV) market with its latest tri-motor configuration for its trucks and SUVs. The company is now shipping these models, offering an extra power boost over the dual-motor version. This new setup features an impressive 850 horsepower powertrain, utilizing Rivian’s in-house Enduro motors—one in the front axle and…
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