Every EVXL story tagged “China” — newest first.
Chinese-owned electric vehicle maker Polestar announced a reverse stock split on Wednesday as the struggling automaker fights to maintain its Nasdaq listing while reporting a widening third-quarter net loss of $365 million—up from $323 million in the same period last year. The financial engineering maneuver comes as the Geely-backed EV maker faces a perfect storm…
Volkswagen has unveiled the ID. Unyx 08, a China-exclusive electric SUV that looks nothing like a traditional Volkswagen—and that’s exactly the point. The five-meter electric SUV, co-developed with Chinese EV maker Xpeng, represents the German automaker’s acknowledgment that it can’t beat Chinese competitors at their own game, so it’s joining them instead. The production version…
Tesla is ramping up hiring for its $200 million Megapack battery factory in Brookshire, Texas, just outside Houston, with 41 positions currently posted and a job fair scheduled for the week of November 10, 2025. The facility represents Tesla’s aggressive push into utility-scale energy storage at a time when its automotive division faces mounting challenges…
Tesla’s China sales collapsed to 26,006 vehicles in October 2024, marking a three-year low as the electric vehicle maker struggles with tepid demand in the world’s most competitive EV market. The 35.8% year-over-year decline represents a stunning reversal from September’s brief momentum, while Chinese rival Xiaomi posted record sales despite ongoing safety controversies. The October…
Bentley CEO Frank-Steffen Walliser has publicly acknowledged that electric vehicle acceptance has hit an “all-time low” while announcing the luxury automaker’s next new model will be a petrol-powered Supersports performance car—not the EV the company promised just three years ago. The admission comes in a rare interview with The Sunday Times published November 8, marking…
Honda Motor Co. cut its annual profit guidance by 21% on Friday, citing a critical semiconductor shortage and plummeting Asian demand while confirming the Japanese automaker now expects electric vehicles to comprise just 20% of global sales by 2030, reports Bloomberg. The announcement marks the latest setback in Honda’s year of cascading retreats from electrification…
Tesla’s October 2025 sales collapsed across Europe, with registrations plummeting by double-digit margins in nearly every major market—just as shareholders vote today on CEO Elon Musk’s nearly $1 trillion compensation package. The timing couldn’t be worse for the embattled EV maker, as the catastrophic sales figures underscore growing questions about whether Musk deserves the largest…
U.S. motor vehicle sales plummeted in October 2025 as the elimination of federal EV tax credits sent electric vehicle demand into freefall and broader economic uncertainty kept car shoppers away from dealerships. The data reveals the immediate aftermath of one of the most significant policy shifts in American automotive history. Light vehicle sales decreased 6.5%…
One email. Six stories. Filed each morning before the world is. Read by Tesla owners, Rivian preorder holders, dealer GMs, and the analysts that move EV stocks.
