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Tesla

Every EVXL story tagged “Tesla” — newest first.

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Jul 6
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Volkswagen

Volkswagen EV Boom Crushes Profits: 38% Plunge from Tariffs and Margins Nightmare

Drama in the EV world: Volkswagen’s profits cratered 38% this half-year, as U.S. tariffs turn the green revolution into a red-ink mess. Volkswagen Group reported a sharp decline in profits for the second quarter and first half of 2025, even as vehicle deliveries rose, highlighting the challenges of transitioning to electric vehicles (EVs) while facing…

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…

Subaru

2026 Subaru Uncharted EV Debuts with Front-Wheel Drive and Over 300 Miles of Range

Subaru unveiled the 2026 Uncharted EV in New York City, introducing the brand’s first front-wheel-drive model since 1996 amid a shifting electric vehicle market. This launch responds to volatile tariffs and fading consumer incentives, delivering a budget-friendly electric crossover with strong range credentials. Subaru frames the Uncharted as a rival to the Hyundai Kona EV…

Lucid

Uber Partners with Lucid and Nuro to Launch Electric Robotaxis in 2026

Uber has re-entered the autonomous vehicle arena by investing $300 million in Lucid Motors, partnering with the EV maker and self-driving tech firm Nuro to build a fleet of robotaxis based on the Lucid Gravity electric SUV. 12 This move positions Uber to compete in the growing robotaxi market, with launches planned for a major…

Rivian

Rivian Launches East Coast Headquarters in Atlanta to Accelerate EV Expansion

Rivian has unveiled plans for its new East Coast headquarters in Atlanta, a key step that supports the automaker’s renewed push to scale production at its nearby Georgia manufacturing facility. This development follows months of financial adjustments, including layoffs, but highlights Rivian’s focus on growth through affordable electric vehicles. The headquarters will open in late…

Porsche

Porsche Macan EV Propels Model to One Million Units, Fastest in Brand History

The Porsche Macan has achieved a remarkable milestone by becoming the fastest-selling model in the company’s history, reaching one million units produced in only 12 years, as the electric version gains strong traction amid a broader shift toward electrification. This surpasses the Cayenne’s 18 years and the 911’s over 50 years to hit the same…

China's BYD has overtaken Tesla as the world's best-selling maker of electric cars. In the final quarter of last year, BYD, backed by Warren Buffett, sold 526,409 fully electric vehicles, outpacing Tesla's 484,507.
Audi

BYD Expands EV Showrooms in Saudi Arabia Amid Tesla Launch and Kingdom’s Electric Push

Chinese automaker BYD Co. accelerates its presence in Saudi Arabia, tripling showrooms to capitalize on Tesla Inc.‘s recent market entry and the kingdom’s drive toward becoming an EV hub. This move highlights growing opportunities for electric vehicle adoption in a region traditionally reliant on oil, reports Bloomberg. BYD’s Strategic Showroom Growth BYD launched operations in…

Tesla’s German Sales Collapse 55% While BYD Surges in 2025
GM

LG Energy Solution’s Q2 2025 Profit Surges 152% on EV Battery Demand

South Korea’s LG Energy Solution (LGES), a leading supplier of electric vehicle (EV) batteries for giants like Tesla and General Motors, reported a remarkable 152% increase in its second-quarter operating profit for 2025, reaching 492 billion won ($360.94 million), according to Reuters. This surge, driven by heightened demand for EV batteries and strategic U.S. tax…

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