Every EVXL story tagged “Slate” — newest first.
Nissan Motor Co. is intensifying its turnaround with a drastic restructuring plan, slashing 10,000 additional jobs and closing seven assembly plants worldwide to bolster its electric vehicle (EV) strategy, as announced by CEO Ivan Espinosa on May 13, 2025. This move, part of the new Re:Nissan revival plan, aims to streamline operations and prioritize U.S.-based…
Jaguar Land Rover (JLR), Britain’s largest automotive employer, has reported its strongest profits in a decade, reaching $3.14 billion (£2.5 billion) for the 2024-25 financial year, up from $2.77 billion (£2.2 billion) the previous year, despite looming U.S. tariff uncertainties. The Indian-owned automaker, part of Tata Motors, is accelerating its electric vehicle (EV) strategy, preparing…
Chinese electric vehicle giant BYD and metals group Tsingshan have scrapped their plans to build lithium cathode plants in Chile, a move that could ripple through the electric vehicle (EV) battery supply chain, according to Chile’s economic development agency Corfo. Announced on May 7, 2025, the decision highlights the challenges of securing stable lithium supplies…
In a significant milestone for the electric vehicle (EV) industry, EVs now account for roughly one in every 30 used car sales in the UK, according to recent data from the Society of Motor Manufacturers and Traders (SMMT). This growth, observed in the first quarter of 2025, reflects a growing acceptance of EVs among second-hand…
Nissan Motor Co. has halted its $1.1 billion plan to construct an electric vehicle (EV) battery plant in Kitakyushu, Japan, as the company shifts focus to financial recovery amid a projected record net loss. Announced on May 9, 2025, this decision underscores Nissan’s broader restructuring strategy under new CEO Ivan Espinosa, impacting its EV production…
Mitsubishi is making a bold return to the electric vehicle (EV) market, announcing a new battery-electric model set to launch in the United States and Canada in summer 2026. The automaker revealed this development in a press release on May 7, 2025, highlighting its collaboration with alliance partner Nissan. This move marks Mitsubishi’s re-entry into…
Kia is gearing up to launch the global version of its EV5 electric SUV in the third quarter of 2025, bringing a refined contender to the electric vehicle market. With production slated at Kia’s Autoland Gwangju plant in South Korea, the EV5 aims to challenge the Tesla Model Y with competitive pricing, updated design, and…
Renault’s electrified revival of the iconic 1980s R5 Turbo, unveiled as the Renault 5 Turbo 3E at the 2022 Paris Auto Show, has sparked significant enthusiasm among electric vehicle (EV) enthusiasts. The limited-edition hatchback, priced at 155,000 euros ($176,000), secured 850 reservations within its first week of orders, according to Reuters, highlighting strong demand for…
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