Until recently, people who wanted to buy a used EV in the US could count on a $4,000 tax credit from the government. That “free money” helped many buyers decide to skip the gas station. Unfortunately, that federal credit ended on September 30. Since that day, the market for used electric cars has split into two very different paths -… Read more…
MG2 to be unveiled later this year
Initial rough details about the MG2 electric city car are emerging: Prices for the new entry-level model from SAIC’s brand are expected to start at around £20,000 pounds—approximately €23,000 euros. The MG2 is set to be unveiled in the second half of 2026 but will not be available until 2027. Read more…
Fraunhofer reveals collaborative project ‘ProBatman’ on direct battery recycling
The Fraunhofer Research and Development Center for Electromobility (FZEB) is working on efficient and sustainable solutions for battery recycling in Germany through its research and development. Now, another collaborative project for the direct recycling of battery materials has been launched with industry partners. Read more…
Stellantis mulls adopting Leapmotor’s EV tech for European models to cut costs, report says
The move would mark the first time a major Western automaker relies on a Chinese company’s vehicle architecture and software to support European models.
Stellantis is considering adopting Leapmotor’s EV technology to reduce costs for its European brands, including Fiat, Opel, and Peugeot.
21 countries, 73,500 km: Scania engineer on electric long haul
Over 2.5 years, Scania Senior Engineer Anders Gaasedal has turned a pilot-series battery-electric truck into a rolling roadshow, travelling to 21 countries and 73,500 km. In an interview, the 45-year-old engineer explains why he ‘trusts the numbers,’ how charging changed since 2023, and what matters for fleets. Read more…
Nio to report Q4 results on Mar 10 after record deliveries pave way for 1st profit
Earlier this month, Nio issued a rare profit alert, projecting fourth-quarter non-GAAP operating profit between RMB 700 million and RMB 1.2 billion.
Following a robust fourth-quarter performance, Nio and its domestic peers now confront fresh industry headwinds as they enter 2026.
FEV analysis identifies cost advantages for range-extender electric trucks
FEV Group has analysed the cost potential of range-extender trucks and concludes that EREV models could lower total cost of ownership by up to 33 per cent compared to diesel equivalents, depending on the duty cycle. Yet despite the projected savings, such trucks are barely available on the market today. Read more…
Germany: Metzger Spedition adds fourth electric truck
Metzger Spedition GmbH from southern Germany has added a MAN eTGX to its fleet, where it joins three Volvo FH Electric trucks already part of the fleet. Within the next three years, the logistics company plans to put six additional electric trucks into operation – and to electrify at least 50 per cent of its entire truck fleet by 2030. Read more…
Price drop for Audi E5 Sportback in China
The Chinese joint venture between Audi and SAIC has significantly reduced the prices of its all-electric flagship model, the AUDI E5 Sportback. Until March 31, the prices are approximately 3,700 euros lower than before. Weak sales figures are reportedly the reason for this adjustment. Read more…
Nio chip unit reportedly raises over $290 million in 1st funding round
This brings the post-investment valuation of Nio’s chip unit to nearly RMB 10 billion.
Sources close to the transaction indicate that the industry holds a relatively positive outlook on Nio’s chip project.
Nio confirms its chip unit secures $330 million in 1st round of funding
Nio has confirmed its chip division has finalized a RMB 2.257 billion yuan ($330 million) investment agreement, validating earlier media reports. Read more…
Self-driving startup Wayve gets a $1.2 billion boost from tech and auto giants
The British company Wayve announced it raised €1.02 billion from some of the biggest names in the world. When you add in extra money already promised by Uber, the total new investment jumps to €1.28 billion. This huge pile of cash gives the company a total value of €7.34 billion. Major car companies like Mercedes-Benz, Nissan, and Stellantis (the company… Read more…
Grünheide: Musk puts Tesla plant expansion at risk amid union dispute
Works council elections are due in early March at many German companies, including Tesla’s Gigafactory in Grünheide. In a video message to employees, CEO Elon Musk has now weighed in on the vote, cautioning that the planned expansion of the site could be jeopardised if the plant does not remain, in his words, ‘free from external influences.’ The remarks add fresh tension to the ongoing debate over union involvement at the Brandenburg facility. Read more…
Tesla’s delivery wait times for all models in China reduced to 1-3 weeks
This indicates Giga Shanghai currently has ample production capacity, with the order backlog largely cleared.
Historically, when Tesla’s delivery wait times in China reach shortest point, it is typically followed by new market initiatives.
That awesome wireless charger for electric bikes just hit a surprise hurdle
For the last few years, one of the coolest bits of e-bike tech I’ve seen didn’t involve more power, bigger batteries, or new motor designs. It involved getting rid of the charger cable altogether. Read more…
Nio nears 70,000th delivery of 3rd-gen ES8 as premium SUV momentum continues
Nio surpassed the milestone of 60,000 deliveries for its third-generation ES8 on February 1.
The ES8 contributed over 22,000 deliveries in December 2025 alone, accounting for 64.96% of Nio Inc’s total monthly deliveries that month.
Lucid Motors reports doubled revenue in Q4, but it keeps bleeding money
Lucid Motors is moving into a busy new year with big plans for its electric cars. The company shared its financial results for the last year, and while it did not make as much profit as experts hoped, it did make more money from sales than expected. Now, the California company is looking toward 2026 as a bridge to its… Read more…
Wuling unveils 5th-gen Mini EV, updating world’s best-selling micro EV
The Hongguang Mini EV family sold 435,598 units in 2025, with cumulative sales surpassing 1.85 million units since its July 2020 launch.
The fifth-generation Hongguang Mini EV unifies the design language for both two-door and four-door variants.
Nio’s battery swap network handles over 2 million services in holiday stress test
Nio’s daily battery swap volume hit new records five consecutive days from February 18 to February 22, peaking at 177,627 swaps.
Nio’s average daily battery swap service during the 2026 Spring Festival holiday increased by 29.4% compared to the same period last year.
Tesla extends 7-year car loans in China again as over 10 EV makers join price war alternative
This marks Tesla’s second extension of its 7-year low-interest financing plan this year, following its unconventional launch of the promotion on January 6.
More than ten automakers, including BYD, Nio, Xpeng, and Geely, have followed suit.
