Every EVXL story tagged “Volkswagen” — newest first.
In a significant shift in the electric vehicle (EV) landscape, Hyundai Motor Group has emerged as a formidable challenger to Tesla’s market supremacy. According to recent data reported by EconoTimes, Hyundai and Kia have collectively captured 10% of the U.S. EV market in the first seven months of 2024, solidifying their position as major players…
The European Union’s new tariffs on Chinese-made electric vehicles (EVs) have caused a significant slowdown in their influx, according to recent data from Dataforce. The move, aimed at protecting EU automakers from low-cost competition, has resulted in a 45% decrease in new EV registrations from Chinese manufacturers like BYD and SAIC Motor’s MG in July…
European Union’s new tariffs on Chinese-made electric vehicles (EVs) have sent shockwaves through the market, causing a significant drop in registrations. According to Bloomberg, the introduction of these tariffs, which can reach up to 48%, has led to a 45% decrease in Chinese EV registrations in the EU this July compared to June. Tariff Impact…
Ford is ramping up its efforts to compete in the affordable electric vehicle market, according to a report from Electrek. The automaker recently presented dealers with renderings of potential new electric models, including sedans, crossover SUVs, and pickups, all aimed at challenging Tesla and Chinese EV manufacturers like BYD. A Glimpse into Ford’s Electric Future…
Porsche SE, the investment vehicle controlled by the Porsche-Piëch family, is eyeing new opportunities in the automotive sector, particularly in electric vehicle (EV) technology, as market valuations decline. This news comes from a recent Financial Times report. Seeking EV Opportunities Johannes Lattwein, Porsche SE’s board member for finance and IT, stated, “The current stock market…
Germany’s electric vehicle (EV) market is facing a significant downturn, with July registrations showing no signs of recovery following the abrupt end of government subsidies late last year. According to a report from Bloomberg, the slump in EV sales is forcing automakers to reassess their production plans. Sharp Decline in EV Registrations The federal motor…
Reuters reports that the European Union is set to impose tariffs of up to 37.6% on electric vehicles (EVs) imported from China, marking the EU’s largest trade case to date. This move, aimed at leveling the playing field for European automakers, has sparked concerns about potential retaliation from Beijing and its impact on the global…
According to Bloomberg, Volkswagen has made a bold move in the electric vehicle (EV) market, agreeing to invest up to $5 billion in American EV startup Rivian. This partnership aims to accelerate the development of cutting-edge electric vehicle technology and software, potentially reshaping the automotive landscape. A Lifeline for Rivian Rivian, which has been struggling…
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