Audi has confirmed the almost-expected reorganisation of the Board of Management: The Chairman of the Board of Management, Gernot Döllner, is also taking over Technical Development at the German carmaker with immediate effect. The previous Board Member for Development, Oliver Hoffmann, has been transferred. Read more…
Panasonic could add 4680 production to new Kansas plant
Panasonic is reportedly considering an additional investment in its battery factory under construction in Kansas to produce 4680 cells for Tesla. A final investment decision has not yet been made, but is expected by the end of 2024. Read more…
Tesla plant in Grünheide will probably be back online sooner than expected
Tesla’s German factory will be back online at the beginning of this week – and may be able to ramp up production as early as this evening. Since it is possible that an extremist group was behind the arson attack last week, the German Federal Public Prosecutor General’s Office has taken over the case. Read more…
BYD to launch next-gen PHEV and BEV platforms to make further offensive against petrol cars, report says
BYD’s next-generation DM hybrid system is expected to give the vehicle a combined range of nearly 2,000 kilometers, while the new e-Platform 4.0 will have a higher level of integration and is expected to further reduce costs, according to local media. Read more…
ElringKlinger signs fuel cell stack supply deal with Hongqi
EKPO Fuel Cell Technologies, the fuel cell joint venture between ElringKlinger and Plastic Omnium, and the Chinese FAW Group have signed a contract for the development and supply of fuel cell stack modules. Read more…
Geely Holding, Sinopec sign strategic cooperation deal
The two sides will deepen cooperation in areas including methanol. Read more…
German EV manufacturer e.Go slips into insolvency – again
German electric car manufacturer e.Go has filed for insolvency for the second time since 2020. The company cites the “unfavourable market environment” as the reason. What the future holds for the approximately 320 employees remains to be seen. Read more…
China sells 477,000 NEVs in Feb, down 34.6% from Jan, CAAM data show
Excluding exports, domestic NEV sales in February totaled 395,000 units, down 9.8 percent year-on-year and down 37.2 percent from January. Read more…
Nio starts recruiting beta testers for AI-powered voice assistant NOMI GPT
With large model technology, NOMI can be better integrated with the car experience, Nio said. Read more…
Viritech is ready to run with hydrogen powertrain
Viritech has launched the 60 kW VPT60N Ready to Run powertrain for OEMs, Tier 1 suppliers and research bodies, enabling the rapid deployment of hydrogen fuel-cell electric vehicles.
The complete powertrain includes the fuel cell, hydrogen storage, energy store, power electronics, e-machine and transmission. It is suitable for cars, light commercial vehicles and off-highway applications. Read more…
Huawei and BAIC’s joint brand expected to unveil 1st model at Beijing auto show, report says
The car is an executive sedan with a starting price of RMB 300,000 to RMB 500,000, according to local media. Read more…
BYD says Song L has sold 27,403 units in 3 months on market
BYD officially launched the Song L on December 15, 2023, with a starting price of RMB 189,800, or roughly $26,400. Read more…
Li Auto CEO vows to fight back as negative comments threaten to derail Li Mega’s prospect
Li Auto CEO said the company will fight back against organized crimes, as Li Mega’s design has been hit with an avalanche of negative comments over the past few days. Read more…
EV battery maker Rept’s HK-traded shares surge
Rept Battero’s Hong Kong-traded shares were included in the Mainland-Hong Kong stock connect mechanism, effective March 4. Read more…
Great Wall’s Tank brand begins deliveries of Tank 700 Hi4-T Limited Edition
Only 70 units of the Tank 700 Hi4-T Limited Edition are available in the first batch, and orders will be reopened once first deliveries are complete. Read more…
BYD considers building EV plant in Mexico’s Jalisco state, report says
The cost of building a Mexican plant could be around $600 million, similar to what BYD paid for its Brazilian EV plant, Bloomberg said, citing a person familiar with the matter. Read more…
Morgan Stanley raises CATL price target by 14% to RMB 210
Morgan Stanley said it sees multiple inflection points in CATL’s fundamentals and upgraded the company to Overweight. Read more…
Less is more: new Freightliner MT50e offers cheaper battery, slower charging for 2024
As other players in the electric commercial space push for ever-bigger batteries and faster charge timers, Freightliner is going the other way. It’s a bold move, and one that could pay off. Read more…
Tesla’s Supercharger struggle – short cables and awkward parking for non-Tesla EVs
Tesla’s Supercharger network, once the exclusive domain of its own electric vehicles, is starting to feel a bit crowded. The company’s decision to open its chargers to other EV brands has been a boon for electric car adoption, but it’s also exposed some design quirks in older Supercharger stations. Namely, the charging cables just aren’t long enough to comfortably reach… Read more…
Nio starts hiring store managers for sub-brand in China
Nio lists 53 available positions for “New Strategic Business,” with store managers and human resources specialists making up the bulk of the roles. Read more…
