Stellantis CEO Carlos Tavares says a $25,000 Jeep EV is coming to the US market “very soon”. He made the remark during a Bernstein investor conference. According to him, this model will be used to better attract mainstream consumers amid slower-than-expected EV adoption. “In the same way we brought the €20,000 Citroen e-C3, you will have a $25,000 Jeep very… Read more…
Category: ArenaEV
BMW’s EV M Series will employ a quad-motor powertrain
In a recent interview for the BMW Blog, the BMW M Series boss Franciscus van Meel revealed a couple of exciting details regarding the company’s future fully electric M vehicles. He said that the carmaker has been working on M Series-exclusive technologies for a while now. The team behind the M Series EVs will focus on the feel and power… Read more…
Great Wall Motor retreats from Europe amidst sales slump
In a surprising turn of events, Great Wall Motor (GWM), a prominent Chinese automaker, has decided to shutter its European headquarters in Munich by the end of August. The move will result in the termination of approximately 100 employees. The decision comes in the wake of disappointing sales figures in the European market. Despite ambitious plans unveiled in 2021 to… Read more…
The next-gen Chevrolet Bolt will be GM’s electric car for the masses
General Motors is reviving the Chevrolet Bolt, promising an affordable electric car for everyone. This decision comes as Chinese electric vehicles are gaining popularity not only in the United States, putting pressure on automakers worldwide to offer competitive and budget-friendly options. The Bolt was previously discontinued to make way for GM’s Ultium platform. Still, the automaker is bringing it back… Read more…
China to invest $830 million in solid-state batteries
China, being the global electric vehicle powerhouse that it is, is doubling down on its commitment to revolutionize the industry. With a colossal investment of RMB 6 billion (that’s around €773 million at current exchange rates) earmarked for research and development of all-solid-state batteries, the country is focused on accelerating the evolution of EV technology. The government-backed initiative, spearheaded by… Read more…
Cadillac Optiq will start at $54,000 in the US with up to 483 km of range
Cadillac has been promising the Optiq for quite a while now – back in November it confirmed that it would become its cheapest EV. And at the beginning of this month, it got official – but only for the Chinese market. That changes today. Cadillac has introduced the Optiq to the US market, where it will start at around $54,000… Read more…
Ford to challenge Pikes Peak with F-150 Lightning-based SuperTruck
Ford is gearing up to tackle the legendary Pikes Peak International Hill Climb with a high-performance EV based on the popular F-150 Lightning pickup truck. This “SuperTruck,” as it’s been dubbed, isn’t just a showpiece – it’s a rolling laboratory for Ford’s ongoing EV development. While details are scarce, the teaser video released by Ford hints at several performance upgrades,… Read more…
BMW i5 Touring deliveries begin, a PHEV version is also in the works
It’s been almost a year since the BMW i5 came to be and now the company is releasing the first fully electric i5 Touring version as well. The station wagon form factor is heating up lately with Nio bringing the ET5 Touring earlier this year and VW introducing its ID.7 Tourer a few months ago. The new BMW i5 Touring… Read more…
Volkswagen promises €20,000 electric car by 2027
In a move that could significantly shake up the European electric vehicle market, Volkswagen announced plans to introduce a compact EV priced at approximately €20,000 by 2027. This is a direct response to the growing dominance of Chinese EV manufacturers, who have successfully captured a significant market share with their affordable electric offerings. Volkswagen’s announcement comes at a time when… Read more…
Hyundai Ioniq 9 spotted testing in the US
Hyundai is getting ready to expand its electric vehicle lineup with the Ioniq 9, and the three-row SUV was again spotted testing on American roads. The Ioniq 9 promises to be a formidable contender in the growing electric SUV market. Hyundai’s EV sales have soared in the first quarter of this year, driven by the popularity of models like the… Read more…
Nissan embraces gigacasting to drive down electric vehicle costs
Nissan is set to join the ranks of electric vehicle manufacturers embracing gigacasting, an innovative production technique pioneered by Tesla. The company hopes to significantly reduce production costs and in turn make electric vehicles more affordable for consumers. The high price of EVs has been a major obstacle to their widespread adoption. However, gigacasting offers a potential solution by taking… Read more…
Tesla to diversify supply chains amidst rising geopolitical tensions
Tesla has reportedly urged its suppliers to establish manufacturing operations outside China and Taiwan. This strategic shift comes as the electric vehicle giant seeks to insulate its supply chain from potential disruptions arising from escalating tensions in the Greater China region. Tesla’s decision to ensure the uninterrupted flow of crucial components such as displays, electronic control units, and printed circuit… Read more…
Stepping inside the Peugeot Inception Concept
Peugeot first debuted its Inception Concept more than a year ago, but now we got a chance to sit in it and experience the future through the eyes of Peugeot. This concept will not go into production in its current form and only some of the design elements, as well as materials and technology will be seen in Peugeot’s upcoming… Read more…
Production ready Avatr 07 photographed in China
Chinese electric vehicle manufacturer Avatr is preparing to launch its latest EV, the Avatr 07. This mid-sized electric SUV is designed to challenge the dominance of the Tesla Model Y. Set to launch by the end of June this year, the Avatr 07 sports a striking design, impressive performance specs, and a competitive starting price of under €27,000. Visually, the… Read more…
Lucid Air keeps the Range King title in 2024
The EPA has released official figures for the 2024 Lucid Air lineup, and it’s safe to say Lucid is still leading the pack in the range department. For those who prioritize efficiency, the entry-level Pure RWD model, with its 88 kWh battery, boasts an EPA combined range of 674 km. Opting for the larger 20-inch wheels will set you back… Read more…
Watch the Tesla Model S Plaid take on a $600k Lamborghini Revuelto in a drag race
Drag races are always fun to watch, and with EVs practically smoking their ICE competition in these, it’s even more exciting. Take the Tesla Model S Plaid. It looks like a normal family sedan, and yet it can smoke cars costing multiple times what it does (not that it’s cheap, but comparatively). And so we are once again faced with… Read more…
Rivian makes a massive price cuts on the R1S and R1T in inventory
Rivian is cutting prices of its R1S and R1T models that are currently in inventory. The discounts apply to the 2023 and 2024 model years in the US and Canada. The company is aiming to boost Q2 sales and clear invetory amidst the slowing growth in EV sales in general. The Large Pack of the R1S is getting a nice… Read more…
Uncamouflaged XPeng Mona 03 spotted in China
The first image of the XPeng Mona 03, the inaugural model from XPeng’s new sub-brand, has surfaced online, generating excitement among electric car enthusiasts. While the image is blurry, it offers a first glimpse of the model’s distinctive taillight design, which aligns with the rear details previously revealed by XPeng at the Beijing Auto Show. The Mona 03 represents XPeng’s… Read more…
Xiaomi uses CATL and BYD batteries to increase SU7 production
Xiaomi moves quickly to address delivery bottlenecks for its first electric car – the SU7. To ramp up production capacity, Xiaomi has announced that the entry-level variant of the SU7 will be randomly equipped with batteries from CATL and BYD, two leading battery suppliers in the industry. This unexpected partnership is a significant step for Xiaomi EV as it seeks… Read more…
Hyundai Ioniq 5 N leaves Lamborghini and Porsche eating dust in drag race
In an electrifying display of power and performance, Hyundai’s latest all-electric model, the Ioniq 5 N, has shattered expectations and left traditional performance SUVs scrambling to catch up. A drag race hosted by Hagerty pitted the Ioniq 5 N against some of the fastest SUVs on the market, including the 657 hp Lamborghini Urus Performante and the Porsche Macan GTS,… Read more…