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China

Every EVXL story tagged “China” — newest first.

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Tesla

Tesla Stock Plunges 7% as Musk’s Political Party Sparks Brand Concerns

Shares of Tesla, a leading electric vehicle (EV) manufacturer, are set to drop sharply after CEO Elon Musk announced the formation of a new political party, the “America Party,” raising fears among investors that his political ventures could harm the company’s brand and focus. According to The Guardian, Tesla’s stock fell over 7% in pre-market…

Ford

Trump’s “Big Beautiful Bill” Overhauls EV Incentives and ZEV Credits: Impacts for Owners and Industry

President Trump’s “Big Beautiful Bill,” slated for signing in the coming days, delivers a seismic shift to electric vehicle (EV) incentives, Zero-Emission Vehicle (ZEV) credit systems, and clean energy policies. This legislation, detailed by EV industry analyst Sawyer Merritt, reshapes the landscape for EV owners, automakers, and enthusiasts, balancing new opportunities with significant challenges

Tesla

Xiaomi’s Bold Plan to Take Its Electric SUVs Global by 2027 Challenges Tesla

Xiaomi, the Chinese tech giant known for smartphones, is accelerating its electric vehicle (EV) ambitions with plans to sell its YU7 SUV globally by 2027, posing a direct threat to Tesla’s Model Y. The company’s automotive division secured 200,000 orders in just three minutes for the YU7 in late June, signaling strong demand in China,…

Tesla

China’s EV Overcapacity Challenges Thailand’s Electric Vehicle Production Goals

Thailand’s ambitious plan to become a regional hub for electric vehicle (EV) production is under strain as China’s hyper-competitive EV market spills over, threatening smaller brands and local goals, reports Reuters. With Chinese EV makers dominating over 70% of Thailand’s EV market, the intense rivalry and price wars are testing the country’s strategy to have…

Tesla Spain Sales Drop 8.75% in November While EV Market Doubles - Hybrids Take Lead as Electric Vehicle Sales Plummet in California—A Wake-Up Call for EV Industry
Tesla

U.S. Electric Vehicle Tax Credits Set to Expire September 30, Impacting EV Sales

On July 3, 2025, Congress passed legislation that will terminate the $7,500 federal tax credit for new electric vehicle (EV) purchases or leases and the $4,000 credit for used EVs, effective September 30. This decision, reported by Reuters, marks a pivotal shift for EV owners and the automotive industry, potentially slowing the U.S.’s transition to…

Xiaomi

Xiaomi Eyes Global EV Expansion in 2027, Focuses on Robust China Demand

China’s Xiaomi, a smartphone giant turned electric vehicle (EV) manufacturer, will prioritize its booming domestic market until 2027, when it plans to explore international car sales, CEO Lei Jun announced during a livestream on Wednesday. With its SU7 sedan and YU7 SUV driving strong demand at home, the company faces production challenges but signals ambitious…

Tesla

Geely Brings All-Electric and Hybrid SUVs to Italy, Boosting China’s EV Expansion

Geely Automobile Holdings, led by billionaire Li Shufu, is making waves in Europe’s electric vehicle (EV) market by launching its namesake brand in Italy with all-electric and hybrid SUVs. Announced on Thursday, July 3, 2025, this move marks Geely’s first entry into Italy, partnering with Saudi-owned distributor Jameel Motors to introduce the EX5 electric SUV…

BYD

Chinese EV Giants BYD and Chery Outpace Tesla, GM, and VW in 2025 Global Race

In 2025, Chinese automakers BYD and Chery are reshaping the electric vehicle (EV) landscape, outmaneuvering global giants like Tesla, General Motors (GM), and Volkswagen (VW) with unprecedented speed and scale. A Reuters investigation reveals how these companies slashed vehicle development times to as little as 18 months, compared to over five years for Western rivals,…

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