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Haye Kesteloo

Haye Kesteloo is the Editor in Chief and Founder of EVXL.co, where he covers all electric vehicle-related news, covering brands such as Tesla, Ford, GM, BMW, Nissan and others. He fulfills a similar role at the drone news site DroneXL.co. Haye can be reached at haye @ evxl.co or @hayekesteloo.

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2022
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Tesla

German EV Sales Are a Statistical Illusion: 1 in 4 ‘Sold’ Cars Never Reached Real Buyers

Germany’s electric vehicle boom is built on a foundation of corporate accounting tricks, not genuine consumer demand. A German industry association warned Monday that nearly one in four newly registered EVs in 2025 were “self-registered” by manufacturers and dealers rather than sold to actual customers. The revelation exposes a troubling gap between official registration statistics…

Tesla

Tesla Slashes Model 3 Lease Down Payment to $1,500 as Post-Tax-Credit Sales Pressure Mounts

Tesla has dropped the down payment requirement on Model 3 Premium RWD leases to just $1,500 while maintaining the $299 monthly payment, marking the automaker’s most aggressive pricing move since the federal EV tax credit expired two months ago. The deal represents a 63% reduction in upfront costs compared to the $3,993 down payment Tesla…

EU Plans December Announcement For Affordable Small EVs To Counter Chinese Competition
Ford

UK Extends EV Subsidies While Planning Mileage Tax to Recover Lost Fuel Revenue

Britain’s government unveiled a £1.3 billion ($1.7 billion) extension of electric vehicle purchase subsidies on Friday, just hours before confirming plans to impose a per-mile tax on EV drivers starting in 2028—a policy contradiction that exposes the fundamental revenue crisis governments face as electrification eliminates fuel duty income. Chancellor Rachel Reeves will announce the subsidy…

BMW iX3 Shatters Range Expectations With 626-Mile Real-World Test Drive
Ford

EV Sales Surge Masks Manufacturing Collapse As Q3 Data Reveals Subsidy Cliff Reality

US clean-energy investments hit a record $75 billion in the third quarter of 2025, driven almost entirely by consumers scrambling to buy electric vehicles before federal tax credits expired on September 30, according to new data from Rhodium Group and MIT. But the headline number conceals a brutal truth: EV manufacturing investments collapsed 30% compared…

Tesla's Charging Empire Might Expand with Hyundai
Tesla

Tesla Faces New Fatal Door Handle Lawsuit After Washington State Crash

A new wrongful death lawsuit filed against Tesla Inc. highlights the ongoing safety crisis surrounding the company’s electronic door handle design, alleging that a couple became trapped in their burning Model 3 after a January 2023 crash in Washington state left one dead and the other seriously injured. The lawsuit, filed Friday in U.S. District…

Chinese Automaker GAC to Build Electric AION V in Austria, Dodging EU Tariffs
Tesla

Chinese Automaker GAC to Build Electric AION V in Austria, Dodging EU Tariffs

China’s Guangzhou Automobile Group (GAC) will manufacture its AION V electric SUV at Magna International’s Austria facility, the companies announced Thursday, marking the second Chinese EV brand in two months to use European contract manufacturing as a workaround for steep EU tariffs on China-made vehicles. The move highlights a rapidly emerging strategy among Chinese automakers:…

VinFast's Second-Quarter Loss Deepens Amid Aggressive Expansion
VinFast

VinFast Losses Nearly Double to $911M as Premium EV Strategy Collapses Against Chinese Competition

Vietnamese EV maker VinFast reported staggering third-quarter losses of $910.85 million, nearly double the $503 million lost in the same period last year, as the company’s premium pricing strategy crumbles under pressure from cost-efficient Chinese competitors. Despite achieving 47% revenue growth, VinFast’s gross margins deteriorated to negative 56.2%, meaning the company loses more than half…

Tesla

Tesla Expands Direct Rentals to 5 Cities: $60/Day Includes FSD & Supercharging

Tesla is aggressively expanding its direct rental program beyond California, launching a $60/day service in five major U.S. cities to combat post-subsidy sales slumps. Tesla isn’t just selling cars anymore—it’s renting them directly to you for less than the cost of a standard rental car. Following a quiet pilot in California, the automaker is rapidly…

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