EVXL

Chinese EV Manufacturers Report Explosive Growth as BYD Maintains Market Leadership China’s electric vehicle market continues to surge with impressive momentum, as leading manufacturers reported substantial February delivery figures over the weekend. BYD and XPeng demonstrated particularly strong performance, with several players showing triple-digit year-over-year growth amid an increasingly competitive landscape. BYD Dominates with Record-Breaking Sales Performance BYD, Tesla’s most formidable global competitor, delivered 322,846 electric vehicles in February, representing a 7.4% increase compared to January and a staggering 164% jump year-over-year. The company’s international expansion has gained significant traction, with overseas sales reaching 67,025 units—a record high for the third consecutive month. This represents a 1% increase from January and […] by Haye Kesteloo #ev #Autopilot #BYD #China #Country #Ford #GM #LiAuto #Make #Model3 #ModelY #Nio #SEC #Tesla #Xiaomi #Xpeng #Zeekr

National Tesla Protests Erupt Over Musk's Role in Federal Job Cuts Nationwide demonstrations targeting Tesla showrooms broke out on Saturday as protestors voiced opposition to CEO Elon Musk’s controversial role in the Trump administration’s aggressive federal workforce reduction program, according to Reuters. The protests highlight growing tensions between the EV maker’s progressive climate image and its founder’s political activities. Mass Protests Target Tesla Showrooms Nationwide Police arrested nine demonstrators during a particularly heated protest outside a New York City Tesla dealership. The event attracted hundreds of participants and was part of a coordinated “Tesla Takedown” campaign that simultaneously targeted multiple Tesla retail locations across the country. Similar scenes unfolded at Tesla […] by Haye Kesteloo #ev #Arizona #BatteryTechnology #California #China #Country #ElonMusk #EPA #Europe #Florida #Make #NewYork #Nio #SEC #Tesla

Trump Administration Orders Shutdown of EV Chargers at Federal Buildings, Signaling Major Policy Shift In a striking reversal of electric vehicle (EV) support, the Trump administration has directed the shutdown of EV chargers at federal buildings across the United States. This decision, reported by Bloomberg, underscores a broader effort to dismantle pro-EV initiatives established under the Biden administration. For EV enthusiasts, industry professionals, and federal workers alike, this move raises critical questions about the future of electric mobility in the U.S. government and beyond. GSA Reclassifies Chargers as “No Longer Mission Critical” The General Services Administration (GSA), which oversees federal properties and vehicle fleets, has deemed EV charging stations non-essential. According to an internal […] by Haye Kesteloo #ev #California #China #EPA #Make #SEC #Tesla #UnitedStates

Tesla Sales Plummet in Europe Amid Brand Image Concerns and Rising Competition Tesla’s European sales have plummeted by 45% year-over-year, with vehicle registrations dropping from 18,161 in January 2024 to just 9,945 in January 2025, according to the European Automobile Manufacturers’ Association (ACEA). This sharp decline, reported by The Washington Post in a February 25 article, is attributed to a combination of factors, including CEO Elon Musk’s controversial public persona and intensifying competition from Chinese automakers like SAIC Motor and BYD. Sales Figures and Market Trends The downturn is even more stark within the European Union (EU), where Tesla’s registrations fell by 50%, from 15,130 to 7,517 units over the same period. […] by Haye Kesteloo #ev #BYD #China #Country #ElonMusk #Europe #Germany #Make #ModelS #ModelY #Nio #SEC #Tesla

Lucid Motors CEO Steps Down Amid Financial Challenges and Gravity SUV Launch Lucid Motors announced on February 25, 2025, that CEO Peter Rawlinson is stepping down effective immediately, transitioning to the role of Strategic Technical Advisor to the Chairman of the Board. Chief Operating Officer Marc Winterhoff has been named interim CEO while the company searches for a permanent replacement. This leadership shift occurs as Lucid, founded in 2016, prepares for the launch of its Gravity SUV and reports a record 10,241 vehicle deliveries in 2024—a 71% increase from 2023—despite a fourth-quarter net loss of $636.9 million. Backed by Saudi Arabia’s Public Investment Fund, Lucid has positioned itself as a luxury EV […] by Haye Kesteloo #ev #Audi #EPA #Lucid #ModelX #R1S #Rivian #SaudiArabia #Tesla

Norway Achieves Historic 89% EV Market Share in 2024, Setting Global Benchmark Norway has achieved an unprecedented milestone in electric vehicle adoption, with battery-electric vehicles accounting for 88.9% of all new car sales in 2024, up from 82.4% the previous year according to data from the Norwegian Road Federation (OFV). This remarkable achievement positions Norway as the global leader in EV adoption, with Tesla leading sales, followed by Volkswagen and Toyota. Notably, Chinese manufacturers have captured nearly 10% of new vehicle sales, signaling increasing competition in the market. The success of Norway’s electric transition stems from a carefully crafted policy framework that combines significant financial incentives with consistent long-term planning. Unlike many […] by Haye Kesteloo #ev #Country #Europe #GM #Make #Nio #Norway #SEC #Tesla #Toyota #Volkswagen

Tesla Set to Miss 2024 Delivery Target Despite Record Quarter Tesla is poised to fall short of its annual delivery goals for 2024, despite what’s likely to be another record-setting quarter. Industry analysts reportedly project Q4 deliveries of around 506,763 vehicles, which would leave the electric vehicle maker slightly below its 2023 total of 1.8 million units delivered. The projected shortfall comes after Tesla abandoned its ambitious 50% annual growth target earlier in 2024, adjusting expectations to “slight growth” amid challenging market conditions. Even achieving the consensus estimate would result in approximately 1,801,709 deliveries for the year, falling marginally short of 2023’s 1,808,581 vehicles. Some Wall Street analysts maintain a […] by Haye Kesteloo #ev #China #Cybertruck #Europe #FullSelfDriving #Make #ModelY #SEC #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 Verge. The company’s strategy extends beyond Tesla vehicles, with 2023 Chevrolet Bolts being offered at $18,442 and Polestar 2 models available around $28,500. These prices represent substantial discounts compared to both new and typical used market values, even considering the rental fleet history. The vehicles […] by Haye Kesteloo #ev #Bolt #EPA #Make #Model3 #Polestar #Tesla

Milwaukee Secures $15M Federal Grant to Quadruple Public EV Charging Network Milwaukee is set to dramatically expand its electric vehicle charging infrastructure through a $14.96 million federal grant, addressing critical gaps in charging accessibility while prioritizing historically underserved communities. The Department of Transportation’s Charging and Fueling Infrastructure program funding will enable the installation of 53 new charging stations with 212 ports across the city, effectively quadrupling the current network according to Wisconsin Public Radio. The expansion represents a strategic approach to EV infrastructure deployment, with Milwaukee Public Library locations serving as primary installation sites. This decision leverages the library system’s established presence across diverse neighborhoods, creating convenient charging hubs where drivers […] by Haye Kesteloo #ev #EPA #Ford #SEC #Tesla #Volkswagen

BYD Contractor Denies Labor Violation Claims at Brazilian Factory Site Chinese electric vehicle manufacturer BYD’s contractor Jinjiang Group has strongly refuted allegations of “slavery-like conditions” at its Brazilian factory construction site, characterizing the claims as a misunderstanding stemming from translation and cultural differences, reports Reuters. The controversy emerged after Brazilian labor authorities reported finding 163 Chinese nationals working under concerning conditions at BYD’s facility in Bahia state. The incident has cast a shadow over BYD’s ambitious expansion plans in Brazil, where the company is constructing what will become its largest overseas manufacturing facility. The plant, located in Cama?ari, is designed to produce 150,000 vehicles annually when operations commence in 2024 […] by Haye Kesteloo #ev #BYD #China #Country #EPA #Make #Tesla #Video