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China

Every EVXL story tagged “China” — newest first.

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Jul 2
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Tesla

Tesla Stock Declines Despite Elon Musk Stepping Back From Political Party Plans

Tesla stock slipped Wednesday even after reports suggested CEO Elon Musk is likely abandoning plans to form a new U.S. political party, a development that might otherwise have eased investor concerns tied to his political involvement. According to The Wall Street Journal, Musk has been “quietly pumping the brakes” on launching the so-called “America Party,”…

Tesla

Global Carmakers Reshape China Strategies Amid Rapid EV Shift

Global automakers are overhauling their China strategies as foreign brands see their market share slide from 66% in 2020 to just 38% in the first half of this year, according to BloombergNEF. The shift reflects surging domestic competition, rapid electrification, and evolving consumer expectations in the world’s largest auto market. Expanding China-Specific EV Lineups With…

BMW

BMW’s Chinese Battery Gamble: Tariffs Threaten U.S. EV Dreams in Shocking Shift

Buckle up, EV enthusiasts: BMW might ship in Chinese batteries for its U.S.-built Neue Klasse models, all because a key supplier hit the brakes on a massive American factory. Drama in the supply chain? BMW is weighing the option to import batteries from China for its upcoming electric vehicles assembled in the United States, following…

China's EV Market Now Belongs to Chinese Brands, and Detroit Just Took a $25 Billion Hit to Prove It - BYD's Price Cuts Under Fire: China's Bold Move Against EV Overcapacity
BYD

BYD’s Price Cuts Under Fire: China’s Bold Move Against EV Overcapacity

Hey EV fans, tired of Tesla’s pricing games? China’s got bigger drama: officials are begging makers like BYD and XPeng to quit the price wars before they tank the whole industry. China is urging its electric vehicle industry to stop cutting prices and rein in production amid fears that persistent deflation is imperilling economic growth.…

Tesla

Tesla Sales Plunge Across Europe Despite Model Y Update Amid Regulatory Hurdles

Tesla registrations tumbled in several European countries in July, even after the company introduced a refreshed Model Y, as CEO Elon Musk’s political stance, stricter regulations, and intensifying competition weigh on demand. This downturn highlights broader challenges for the electric vehicle giant in a market shifting toward affordable rivals, reports Reuters. Sharp Declines in Major…

Porsche's Electrifying Feat: Taycan Sets New Nürburgring Record
Porsche

US Tariffs Crush Mercedes and Porsche EV Dreams: Profit Warnings Amid China Price War Shock

Imagine shelling out for a sleek Porsche Taycan, only for tariffs to jack up prices – that’s the harsh reality hitting Mercedes and Porsche as they slash profit forecasts amid US trade blows and China’s cutthroat EV battles. Mercedes-Benz Group AG and Porsche AG have revised their annual profit expectations downward, highlighting the impact of…

Stellantis

Bezos-Backed EV Startup Ditches Luxuries for Under-$20K Pickup Amid Tariffs

Imagine ditching power windows for a sub-$20K electric pickup—sounds crazy, right? But Bezos-backed Slate Auto thinks it’s genius, especially with that $7,500 tax credit vanishing soon. Slate Auto, a Michigan-based startup backed by Amazon founder Jeff Bezos, is introducing a minimalist electric pickup truck priced under $20,000, but the impending expiration of a $7,500 federal…

Porsche Rejects Artificial Gear Changes for EVs, Citing Superior Electric Performance
Porsche

Shocking Wake-Up Call: Porsche Ditches 80% EV Goal as Taycan Tanks in 2025

Hey Porsche lovers, ever feel the EV hype is slowing? Blume’s memo confirms it: “Our model no longer works,” sparking drama in the high-end electric world. Porsche CEO Oliver Blume has informed employees that the company’s longstanding business model is no longer viable in its present state, citing pressures from a volatile EV market, declining…

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