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Polestar

Every EVXL story tagged “Polestar” — newest first.

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Jun 26
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Tesla

Used Tesla Prices Plummet as Resale Values Hit Record Lows in 2025

The electric vehicle (EV) market is facing a turbulent shift as used Tesla resale values have taken a sharp dive in 2025, driven by a mix of oversupply, consumer sentiment, and industry-wide depreciation trends. According to a recent Forbes report, Tesla owners are grappling with a steep 27% year-over-year drop in resale value, making now…

Volvo

Volvo Pioneers Google Gemini Integration in Electric Vehicles for Smarter Driving

Volvo is set to revolutionize the electric vehicle (EV) landscape by becoming the first automaker to integrate Google’s Gemini AI chatbot into its cars. Announced on May 21, 2025, this move expands Volvo’s partnership with Google, leveraging the Android Automotive operating system to deliver a more intuitive driving experience. The Verge reports that Gemini will…

Tesla

JP Morgan Boosts Tesla Stake by 9.5% as EV Investments Surge

J.P. Morgan Chase increased its stake in Tesla by 9.5% (or 3.43 million shares) in the first quarter of 2025, according to its latest 13F filing with the SEC. The asset manager held 39,415,548 shares in Tesla as of March 31, 2025, a position worth approximately $13.7 billion. This move underscores J.P. Morgan’s continued confidence…

Tesla

Hertz Offers Deep Discounts to Renters as It Offloads EV Fleet

Hertz is taking an innovative approach to reducing its electric vehicle fleet, offering significant discounts to current renters who might be interested in purchasing their rental vehicles. The rental giant is listing 2023 Tesla Model 3s for as low as $17,913 – a striking price point that sits well below current market values, reports The…

Tesla Unveils New Model 3 with Record-Breaking 436-Mile Range
Tesla

Tesla Unveils New Model 3 with Record-Breaking 436-Mile Range

Tesla’s latest offering in the UK and Europe is turning heads. The American automaker has launched a new longer-range version of its popular Model 3, boasting an impressive 436 miles of official range. This news comes from a recent announcement by Tesla, signaling a significant leap in EV technology and market competition. Pricing and Efficiency…

UK Auto Industry Calls for EV Tax Cuts as Sales Targets Loom
Tesla

UK Auto Industry Calls for EV Tax Cuts as Sales Targets Loom

The UK’s auto industry is sounding the alarm over sluggish electric vehicle (EV) sales, warning that missing government-set targets could lead to hefty fines for manufacturers and pricier cars for consumers. This news comes from a Financial Times report detailing the industry’s plea for tax incentives to boost the EV market. Industry Warns of Missed…

BYD's Big Move: Building EVs in Hungary to Dodge Tariffs and Conquer Europe
BYD

BYD’s Big Move: Building EVs in Hungary to Dodge Tariffs and Conquer Europe

BYD, China’s leading electric vehicle (EV) maker, is making a bold move into Europe, with its first assembly plant set to open in Hungary. This strategic decision comes as the European Union considers raising tariffs on EVs imported from China, making local production a smart and necessary play, reports The New York Times. Racing Against…

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