The self-driving firm is offering shares at HK$295.60 each, valuing it at nearly $9 billion. Read more…
CATL joins OEMs to develop recyclable battery framework
Battery manufacturer CATL has joined forces with leading companies from the battery, technology and automotive sectors to establish the Global Energy Circular Economy Alliance in London. Founding members include CATL, BMW, Renault, Volvo, Google and Xiaomi. The alliance aims to develop common standards for battery designs that are easier to reuse and recycle, with CATL taking a central role as the key battery industry participant. Read more…
FAW launches Hongqi in Thailand with E-HS9 as first model
Chinese state-owned automaker FAW has brought its luxury brand Hongqi to Thailand and launched the E-HS9 as its first model in the market. It has appointed Metro Group as the official distributor and strategic partner for the brand. Read more…
China pushes battery makers to pay suppliers within 60 days
Eleven battery makers, including CATL, BYD and CALB, have backed an initiative to speed up payments to suppliers. Read more…
France opens third round of EV social leasing programme
The French government will open the third funding round of its social leasing scheme for electric cars on 16 July. The programme enables low-income employees to lease an electric vehicle at subsidised rates and forms part of France’s efforts to accelerate the transition to electric mobility. Read more…
Artemis Technologies unveils electric hydrofoil pilot boat
Artemis Technologies has unveiled the EF-12 Pilot, which it claims is the world’s first fully electric hydrofoil pilot boat. The vessel is now in the water and currently undergoing trial runs before its planned deployment in regular port operations. Read more…
São Paulo expands electric bus fleet with 500 new vehicles
São Paulo has introduced 500 new battery-electric buses, increasing its zero-emission fleet to 1,759 vehicles, including trolleybuses. More than half of the latest deliveries come from BYD, while the city has confirmed it will no longer procure buses powered exclusively by diesel. Read more…
Porsche considers moving Cayenne production to Leipzig
Porsche is reportedly considering relocating production of all Cayenne variants – including combustion-engine, hybrid and electric models – from Bratislava, Slovakia, to its plant in Leipzig, Germany. According to a newspaper report, the move would depend on employees agreeing to lower labour costs. Read more…
Linghui M9 MPV goes on sale as BYD broadens fleet lineup
Linghui M9 was launched in China with a starting price of 188,800 yuan ($27,750). Read more…
Nio reveals eight bidding cities for annual Nio Day event
Nio confirmed eight cities have entered the bidding process to compete for the right to host its annual event. Read more…
Xpeng Mona L03 to make China debut on July 2, targeting young buyers
Xpeng will hold the Mona L03’s debut event in Beijing on July 2, with display vehicles arriving at stores starting July 1. Read more…
Controversial Ferrari Luce EV is an instant sellout in China
All the controversy surrounding the launch of the first all-electric sedan to ever wear the Ferrari badge hasn’t slowed down sales any – every single Ferrari Luce allocated to the Chinese market is already spoken for. Read more…
Survey Sunday: with nearly a trillion dollars, will Elon try to make things right?
Last week, we asked Electrek readers a simple whether they believed that Tesla and SpaceX CEO Elon Musk, after becoming the world’s first trillionaire, would finally make good on the ambitious promises he spent years making about accelerating sustainable energy, delivering unsupervised full self driving, building useful humanoid robots, and ultimately making humanity a multiplanetary species. After more than 3,300 responses, here’s what you told us. Read more…
Zero emission truck deployments SURGED up 37% in 2025 as momentum builds
CALSTART’s Zeroing in on Zero-Emission Trucks report is out, and the results are in: after getting off to a slow start in the first half of 2025, zero-emission truck deployment in the US picked up steam in the second half, climbing to 4.14% of all new deployments. Read more…
BYD plans 2027 debut of in-house smart driving chip on Denza cars, report says
BYD plans to debut its in-house developed Xuanji A3 chip in a new production vehicle under the Denza brand in 2027. Read more…
Leading electric dirt bike Stark Varg lets owners download a new trick
The Stark Varg has quickly become one of the most capable electric off-road motorcycles on the market (plus a pretty impressive on-road version as well), and now it’s getting another major performance upgrade without owners ever needing to visit a dealership. Read more…
This Chinese SUV Sold 100,000 Units In Seven Months For A Good Reason
The third-generation Nio ES8 is so good that it helped make Nio profitable. Read More…
Nio opens pre-orders for five-seat ES8, sets July 9 launch
The five-seat ES8 will sit alongside the existing six- and seven-seat versions, further expanding its top-selling SUV line. Read more…
BYD brings plug-in hybrid push to South Korea with Sealion 6 DM-i debut
The plug-in hybrid SUV is BYD’s first hybrid model in South Korea, targeting the local family-user market. Read more…
EVs outsell ICE-powered cars in the United Kingdom for the first time
Annual EV sales in the United Kingdom have officially outpaced traditional petrol cars over a full 12-month period for the first time. The latest data revealed a major change in consumer preferences across the British Isles. According to a new analysis of vehicle registration data, electric models are no longer a temporary alternative or a brief monthly trend – they… Read more…
