Rivian’s recent third-quarter financial report reveals a fascinating juxtaposition of soaring sales against a backdrop of substantial financial losses. This dichotomy paints a picture of a company at the cusp of significant growth, albeit grappling with the challenges inherent in the EV industry. Rivian has boldly revised its production target for 2023, now aiming to manufacture a staggering 54,000 units of its R1T and R1S electric vehicles, up from its previous goal of 52,000. This adjustment comes in the wake of a remarkable 121% increase in vehicle production in the third quarter,… More…

Niron Magnetics is a small US-based startup company that just received $33 million in funding from one of the big automakers in the country – General Motors. Previously, Volvo Group and Stellantis have chipped in as well. The company aims to deliver “clean Earth permanent magnets”, which are essential for the production of electric motors in EVs. They are called “permanent magnets” because, within the motor unit, they constantly generate force, which is used for turning electricity into mechanical energy. And Niron Magnetic is proud to say that its version of magnets is “the first and… More…

XPeng keeps teasing its upcoming electric MPV, the X9. Judging by the first photo released by the company – the future of family travel is quite luxurious. XPeng X9 MPV is a foray into the family vehicle segment, built on the SEPA 2.0 platform. It features rear-axle steering to retain maneuverability despite its size. The X9’s interior features starship ambient lighting, while the back row boasts a dual tabletop, a separate air conditioning control panel, a refrigerator, and a rear ceiling screen. The XPeng X9 stands at 5,293 mm long, 1,988 mm wide, and 1,785 mm tall so it… More…

Lucid Motors announced a significant reduction in its production targets for 2023. This announcement in the aftermath of the company’s Q3 report, which showed increasing operational losses. Initially, Lucid Motors had ambitious plans to manufacture between 10,000 and 14,000 units of Lucid Air this year. After later revising that to the lower end of the interval the company has now admitted that it will miss even that and will deliver 8,000 to 8,500 vehicles. This adjustment represents a drastic cut of over 40% from its upper-end target set in the fourth quarter of 2022. Lucid… More…

Tesla’s ambitious promises of a Full Self-Driving (FSD) system have recently faced scrutiny from the UK legal system. Edward Butler, a Tesla Model 3 owner, has successfully challenged the electric car giant, securing a settlement of approximately €9,000. The victory circles around Tesla’s claims of FSD capabilities that, according to Butler, have failed to materialize, thereby breaching the Consumer Rights Act of 2015. In 2016, Tesla introduced the FSD system as a futuristic addition to its electric vehicles, making both promises of cars capable of navigating the hustle of traffic lights… More…

Behold, the next Renault Master van! Or rather, its silhouette, which is the only thing that Renault is showing us for now. Fret not, however, for the full design will be revealed in the next few days. The new Master has an “Aerovan” design for “ever greater efficiency”, according to Renault, and you should expect up to 21% lower consumption from the EV. Renault has sold more than three million Master vans since 1980, and the new generation will “move up a gear”. The next-gen vans will be more efficient, “100% connected and innovative”, as well as “designed for optimum use”. It will… More…

Samsung SDI, which is the battery-making arm of the Korean tech giant, and Volvo are celebrating 5 years of partnership. The two companies have been working together since 2018 and only recently Samsung started supplying Volvo with its EV battery cells directly. During Volvo’s President and CEO visit of Samsung SDI’s battery plant in Cheonan, it was announced that the two companies will continue to collaborate on critical EV technologies and will likely expand their partnership even further. That includes the manufacturing of construction equipment and energy storage… More…

Ram introduced the 2025 1500 Ramcharger. This new pickup truck is actually an EREV that promises to alleviate the persistent range anxiety that plagues electric vehicle enthusiasts, particularly when heavy towing is on the agenda. At the heart of this behemoth lies a 70.8-kWh battery, estimated to deliver 233 km of pure electric driving bliss. It powers a robust all-wheel-drive powertrain, with formidable 663 horsepower output. Distinguishing itself from the all-electric Ram 1500 REV, the Ramcharger’s features a 3.6l Pentastar V6 generator that can refill the batter at up to… More…

Citroen decided that it was the perfect time to update its My Ami mini EV with a Pop version. This compact electric marvel has become a social touchstone with over 43,000 units zipping through urban landscapes since its launch. Citroen wants us to see the update as a striking testament to its commitment to innovative design and customer personalization – that’s if we believe the over-hyped press release. The My Ami Pop is instantly recognizable even from a distance. Sporting a new set of stickers, rear spoiler, new headlamp bezels, and black bumper reinforcements, the updates apparently… More…

Peugeot’s E-Rifter just got a facelift. The compact van comes with upgraded styling, new interior tech, and better efficiency. The E-Rifter will be offered in three tiers – Allure, Emotion, and Excellence. The latter two come in 5 and 7 seat configurations and in an optional longer variant. The regular car is 4.4 meters long, while the Long is 4.7 meters and packs a longer wheelbase and overhang. The 5-seater offers 775 liters of boot space that can stretch up to 4,000 liters with the seats folded down on the Long E-Rifter. The new E-Rifter brings the model range up to date with… More…

The EV charging landscape is undergoing a significant shift and luxury EV maker Lucid Motors is the latest to announce its plan to adopt the North American Charging Standard (NACS). The move will providing Lucid owners access to Tesla’s extensive network of Superchargers. By 2025, Lucid EVs, known for their sleek design and long range, will be able to plug into the over 15,000 Superchargers dotting the continent. The shift to NACS from the current Combined Charging System (CCS1) used by Lucid marks a strategic move to unify charging solutions, a step that echoes the sentiments of EV… More…

UAW’s president disclosed a tentative labor agreement between Jeep, its parent company, Stellantis, and the union itself. Interestingly, the agreement reveals some of the companies’ future production plans including those for fully electric Wrangler and Grand Cherokee models. Jeep Grand Cherokee According to the document, the Wrangler EV will likely debut in 2028, with the Grand Cherokee EV scheduled to come a year earlier. The Wrangler will be produced in the Toledo Assembly Complex, while the Grand Cherokee will come out of the Detroit Assembly Complex. A new all-electric… More…

Polestar is gearing up to launch its Polestar 5 four-door GT. The company today confirmed a key player in making the car is SK On, a South Korean battery manufacturing giant, which Polestar signed for the 5. Polestar 5 Polestar 5 is scheduled for production in 2025, the electric GT being the evolution of the Polestar Precept concept car. The company dedicated an entire YouTube documentary series to the development dubbed “From Concept to Car.” SK On emerged from SK Innovation’s 2021 restructuring, and is among the big players in the EV battery space. Their high-nickel… More…

Tesla is set to integrate Grok AI, an AI assistant developed by Elon Musk’s new startup, xAI, into its fleet of electric vehicles. This integration marks a significant – if controversial – step in Tesla’s journey towards creating more intuitive and interactive vehicles. Elon Musk, known for his ventures in revolutionizing transportation both on Earth and in space, launched xAI earlier this year with a mission to unravel the complexities of the universe. However, its immediate focus is to develop a chatbot or AI assistant akin to ChatGPT. Grok AI, the inaugural project of xAI, is touted as… More…

Mercedes has been at the forefront of luxury models since the very first cars were invented. Logically, it’s keen to continue this tradition into its fully-electric models. The brand’s knowledge of luxury and its strive for being technological leader ties in nicely into the modern world of EVs. The EQS is thus given the most challenging of tasks – to carry the illustrious S-class legacy on the EV side. To live up to a name that has been an standard for luxury for more than fifty years now. Perhaps the fact that the S-class itself still sells well in its latest ICE iteration gives some… More…

Zeekr, a subsidiary of the Geely Holding Group, is set to unveil its first-ever electric sedan, the Zeekr 007. The car will debut and go on pre-sale on on November 17, at the start of the Guangzhou auto show. Zeekr’s journey began in 2021 with the launch of its first model, the Zeekr 001, a shooting-brake-style SUV that sold 71,941 units in 2022 despite its substantial price tag. Following the 001, Zeekr introduced the Zeekr 009 MPV and the urban SUV Zeekr X, both unique in design and targeting specific market segments. However, the introduction of the Zeekr 007 sedan is a pivot… More…

XPeng announced the launch of two new variants of its flagship sedan, the P7i. These new versions, named the P7i 550 Pro and P7i 550 Max, come with a significant reduction in asking price enabled by new battery chemistry. XPeng’s new P7i come with lithium iron phosphate (LFP) battery packs. Cheaper than traditional lithium-ion ternary battery packs, yet still offer decent density and reliable performance. This allowed Xpeng to lower the starting price of the P7i by RMB 26,000 (approximately €3,400). The P7i 550 Pro now starts at RMB 223,900, and the P7i 550 Max at RMB 239,900. The… More…

Fang Cheng Bao, a sub-brand of the renowned BYD, is set to officially launch its debut model, the Bao 5 SUV, on November 9. This momentous event comes after the brand started pre-sales on August 25, with the price ranging from RMB 300,000 to RMB 400,000 (approximately €39,100 to €52,200). The Bao 5 (or Leopard 5) isn’t just another addition to the electric vehicle market; it’s an EREV SUV that promises to redefine off-road capabilities. At its core is the innovative Cell to Chassis (CTC) battery pack. This isn’t your run-of-the-mill battery – it boasts a five-layer protective structure,… More…

Tesla Cybertruck, the ever-polarizing electric vehicle known for its unconventional stainless steel body, was recently spotted with a new twist – a matte black wrap. This sighting, featuring Tesla’s Chief Designer Franz von Holzhausen behind the wheel, has reignited speculation about potential factory customization options for the eagerly anticipated vehicle. The matte black Cybertruck made its debut in Santa Monica, turning heads at a local “Teslas & Coffee” event. This isn’t the first time the Cybertruck has been seen in alternative guises, with previous versions wrapped in various… More…

In the ever-evolving world of electric vehicles, BMW has taken a path maybe slightly less trodden with its latest innovation – a ‘Push-to-Pass’ boost mode designed specifically for electric sports cars. With this cutting-edge technology, BMW wants to redefine the driving experience in EVs, promising to bring an exhilarating edge to what apparently many perceive as a sedate sector of the automotive industry. At the heart of this innovation is a simple yet ingenious concept: a boost mode that can be activated via a paddle or button. This function unleashes a sudden surge in torque,… More…