Every EVXL story tagged “Toyota” — newest first.
In a candid revelation that’s sending ripples through the automotive industry, Ford CEO Jim Farley has been secretly test-driving a Chinese-made Xiaomi electric vehicle – and his verdict is turning heads. The surprising admission came during an in-depth discussion on the Everything Electric Show, highlighting the growing gap between Western and Chinese EV technology. The…
BYD, the $122 billion Chinese auto and battery giant, is experiencing a significant shift in its product mix, with hybrid vehicles overtaking pure electric models in sales this year. This trend, particularly driven by exports, highlights the growing global demand for hybrid technology but also raises questions about competition and regulatory challenges, reports Reuters. Hybrid…
BYD, the Chinese electric vehicle giant, is making significant headway in Southeast Asian markets, particularly in Singapore and Malaysia. This success is largely attributed to the company’s swift adaptation to local requirements, according to Fortune. The Right-Hand Drive Advantage Jeffrey Gan, Managing Director for Southeast Asia at Sime Darby Motors, BYD’s distributor in the region,…
The electric vehicle (EV) market is heating up, and Tesla’s Model Y is making waves. According to a recent report by Wolf Richter for WOLF STREET, the Model Y is now a hair’s breadth away from becoming the best-selling model in the US, closing in on the Toyota RAV4. Meanwhile, the Ford F-150, once the…
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…
General Motors and Hyundai are joining forces to develop new vehicles and technologies, aiming to cut costs and speed up innovation. This partnership, announced on Thursday, will focus on internal combustion, electric, and hydrogen-powered vehicles, as reported by the NY Times. A Collaborative Effort The two automakers have signed a nonbinding agreement to explore areas…
BMW’s recent announcement about cutting its profit margin forecast due to sluggish demand in China is just the tip of the iceberg. According to analysts, electric vehicles (EVs) are shaking up auto sales in the world’s biggest market, leaving foreign car manufacturers struggling to keep up, reports VOA News. The Rise of Chinese EVs In…
Sales of Chinese brands are up nearly 22% with Chinese companies overwhelmingly dominating sales of the EV market. Overcapacity in China’s auto manufacturing has become a major point of tension between the country and other big economies. The complaint from the west is that Beijing’s industrial policy has unfairly advantaged Chinese companies, leading to fears…
One email. Six stories. Filed each morning before the world is. Read by Tesla owners, Rivian preorder holders, dealer GMs, and the analysts that move EV stocks.
