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India

Every EVXL story tagged “India” — newest first.

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Apr 13
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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…

Tesla

Tesla Q2 2025 Earnings Highlight FSD Progress Amid Revenue Decline and Market Challenges

Tesla released its Q2 2025 earnings on July 23, reporting adjusted earnings of 40 cents per share, just below the average analyst estimate, alongside revenue of $22.5 billion that fell 12% year-over-year, marking the sharpest decline in at least a decade. Gross margin came in higher than anticipated. Updated as of 16:56 EST The company…

In a move to accelerate the growth of electric vehicles, Nissan, a prominent Japanese automaker, has decided to embrace Tesla's electric-vehicle charging technology in the U.S. and Canada.
Nissan

Nissan Shuts Down Historic Oppama Plant to Streamline Global EV Production

Nissan Motor Co. has announced the closure of vehicle production at its Oppama plant in Japan by the end of fiscal year 2027, a strategic move tied to the company’s push for profitability amid evolving electric vehicle demands. This decision affects a facility that pioneered the mass-market EV with the Nissan Leaf in 2010. Strategic…

Hyundai

Hyundai Unveils IONIQ 9 as Mobile EV Hub for Drone-Powered Reforestation

Hyundai Motor Company introduces the IONIQ 9 Seed Ball Drone Station, transforming its flagship electric SUV into a versatile base for aerial reforestation, leveraging vehicle-to-load (V2L) technology to power drones in wildfire recovery efforts. This innovation extends the company’s Smart Forest Restoration Program, starting in Korea’s Uljin region hit by 2022 wildfires, and highlights EVs’…

Tesla

Tesla Set to Launch First Showroom in India on July 15 in Mumbai

Tesla prepares to enter the Indian market with the opening of its inaugural showroom in Mumbai on July 15, 2025, targeting electric vehicle enthusiasts in one of the world’s fastest-growing economies. This development follows the creation of a dedicated Tesla India account on X, signaling the company’s commitment to local engagement and sales. Details of…

Honda's Bold Leap into the U.S. EV Market: The Prologue Unveiled
Honda

Honda Scraps Large Electric SUV Plans Amid Slumping U.S. EV Demand

Honda Motor has canceled its development of a large electric SUV targeted for a 2027 release, citing declining electric vehicle (EV) demand in the United States, according to a Nikkei Asia report. This decision reflects broader industry shifts as automakers recalibrate strategies in response to market and policy changes, redirecting focus toward hybrid vehicles to…

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

VinFast Secures $510 Million Loan to Boost Electric Vehicle Expansion

VinFast Auto Ltd., a Vietnamese electric vehicle (EV) manufacturer, has secured a $510 million private credit loan from Deutsche Bank AG and SeaTown Holdings International to fuel its ambitious global expansion, reports Bloomberg. This financial boost, announced on July 4, 2025, supports VinFast’s mission to compete in the fiercely competitive EV market, where price wars…

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