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Fiat will bring its ultra-compact Topolino EV to the United States in Spring 2026, CEO Olivier Francois announced at Miami Art Week. Why it matters: The tiny EV costs just $11,500 in Europe, but US regulations may limit it to low-speed neighborhood roads. The Details Topolino Specs EVXL’s Take The Topolino arrives as Europe actively…
Polestar slashes the 2025 Polestar 3 by up to $18,000 through its Clean Vehicle Incentive, dropping the base price to $49,500. Why it matters: The discount makes Polestar’s luxury SUV cheaper than the average new car in America and significantly undercuts German rivals. The Details Polestar 3 Pricing After Discount Competitor Pricing EVXL’s Take Polestar…
Consumer Reports places Tesla at the bottom of its 26-brand used-car reliability rankings. Why it matters: Buyers shopping for 5-10 year old Teslas now face the worst long-term dependability scores in the industry. The Details By The Numbers Bottom Five (Used-Car Reliability): Top Five (Used-Car Reliability): New-Car Reliability (Tesla vs. Rivian): EVXL’s Take The timing…
Renault supports France’s call for stricter local content rules on electric vehicles sold in Europe but says the proposed 75% threshold is unrealistic for automakers still sourcing batteries from Asia. Why it matters: The debate exposes a widening rift between European governments racing to protect jobs and automakers warning that overly aggressive rules could backfire.…
Battery pack prices will fall to $105 per kilowatt-hour next year as Chinese overcapacity and LFP adoption continue driving costs down. Why it matters: Cheaper batteries make EVs more affordable and accelerate grid-scale energy storage deployment worldwide. The Details By the Numbers What They’re Saying “Cutthroat competition is making batteries cheaper every year. This is…
BMW, Toyota, and 65 other auto industry signatories are urging the European Commission to abandon mandatory EV purchase targets for corporate fleets, reports Reuters. Why it matters: Corporate fleets represent 50-60% of all new car sales in the EU, making this a make-or-break policy battle ahead of Brussels’ December 16 announcement. The Details By The…
Nearly half of first-time car buyers in China plan to purchase a pure electric vehicle, according to a new Bloomberg Intelligence survey. Why it matters: This surge in EV preference comes just as China slashes its purchase tax incentives, suggesting the market may finally be weaning off subsidies. The Details By The Numbers First-Time Buyer…
Mercedes-AMG just poached the man who built Porsche’s flagship EV to lead its performance division. Why it matters: Stefan Weckbach will oversee AMG’s electric transition, including a new GT sedan designed to compete directly against the Taycan he created. The Details Weckbach’s Track Record What Weckbach Inherits at AMG EVXL’s Take This hire tells you…
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