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Slate

Every EVXL story tagged “Slate” — newest first.

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Jun 26
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BYD Recalls Nearly 97,000 EVs Over Potential Fire Risk
BYD

BYD’s New Brazil Factory to Boost Electric Vehicle Production by July 2025

Chinese electric vehicle giant BYD is set to launch its first assembly plant in Brazil this month, a strategic move to localize production and counter rising import tariffs in its largest foreign market. According to Reuters, the Bahia facility will assemble 50,000 electric vehicles in 2025, marking a significant step for BYD’s global expansion and…

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

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…

Lucid Motors Smashes Delivery Records in Q3 2024, Faces Production Hurdles
Lucid

Rivian, Lucid Poised to Gain as Trump Tax Bill Ends EV Credits

On July 3, 2025, shares of Rivian Automotive Inc. and Lucid Group Inc. surged by up to 4.6% and 8.8%, respectively, following a BNP Paribas analysis suggesting that the electric vehicle (EV) manufacturers could benefit from President Donald Trump’s tax bill, which eliminates the $7,500 EV tax credit after September 30, 2025. Bloomberg reports that…

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,…

Trump’s Tariffs Threaten EV Price Hikes, but Tesla and VW Gain Edge with U.S. Production
Tesla

European Automakers and Suppliers Unite to Build Open-Source Software Platform for EVs

On June 27, 2025, Volkswagen Group, BMW Group, Mercedes-Benz, and eight technology suppliers, including Bosch and Continental, signed a memorandum to develop a shared automotive software platform, aiming to challenge U.S. tech dominance in electric vehicle (EV) architectures, according to Automotive News Europe. Alliance Goals and Structure The alliance, backed by Germany’s VDA automotive lobby,…

Tesla

Cargo Ship Sinking Sparks $560M Loss for EV Industry

On June 3, 2025, the Morning Midas, a cargo ship carrying 3,048 Chinese vehicles, including 750 electric vehicles (EVs) and hybrids, caught fire and sank 20 days later, costing the industry an estimated $560 million, according to the Anderson Economic Group. This incident, the third major EV-carrying ship loss in three years, highlights growing risks…

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

VinFast Launches Second Vietnam EV Factory to Boost Affordable Urban Models

On June 29, 2025, Vietnamese electric vehicle (EV) manufacturer VinFast began production at its new Ha Tinh factory, a strategic move to scale up output of affordable mini urban models amid global expansion challenges. The facility, spanning 90 acres, aims to produce 200,000 vehicles annually, complementing the company’s flagship Haiphong plant, which targets 950,000 units…

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