Cadillac’s award-winning crossover is about to put the “V” in “EV,” and we’re all better for it. The performance variant debuts next year. Read more…
2025 Lucid Gravity: Here’s How Much It Will Cost
Orders open next week, so get ready to open your checkbook. Read more…
Xiaomi SU7 has delivered over 20,000 units so far in Oct
Xiaomi said it has delivered more than 20,000 units of the SU7 in October, and reiterated that it will meet its full-year delivery target of 100,000 units in November ahead of schedule. Read more…
Ford’s electric car division reports another billion-euro loss
Ford has presented its business figures for the third quarter. The US manufacturer once again posted high losses for its electric car division – 1.2 billion dollars in the period from July to September. Read more…
Freyr Battery expects €122 million grant from the EU
Freyr Battery has announced that it is to receive a grant of 122 million euros from the European Union Innovation Fund (EUIF) to realise a potential joint venture project for the production of cathode material in Vaasa, Finland. Read more…
Xiaomi SU7 Ultra shatters Nurburgring record
The Nurburgring Nordschleife is a legendary racetrack in Germany that has witnessed countless battles of automotive prowess. The latest contender just stepped up to the Green Hell and, in the process, rewrote the rules of speed and challenged the dominance of traditional performance cars. The Xiaomi SU7 Ultra prototype, an electric sedan from the Chinese tech giant, has claimed the… Read more…
Northvolt holds onto prospect of short-term financial boost of $300 million
The Swedish battery manufacturer Northvolt could finalise a ‘rescue financing round’ of 300 million dollars as early as next week. In addition, Scania has now agreed to equip all of its electric trucks with Northvolt batteries. Read more…
Report: EVs, solar will put fossil fuels in global decline by 2030
EVs could help hasten the ongoing transition from fossil fuels to renewable energy through the end of the decade, according to a new report from the International Energy Agency (IEA). The IEA predicts that more than half of the world’s electricity will come from low-emission sources by 2030, and that demand for coal, oil, and gas will have also… Read more…
Zeekr signs deal to tap Egyptian market, expanding footprint to Africa
Zeekr plans to launch the Zeekr 001 and the Zeekr X first in Egypt, with the first local store to open in Cairo by the end of this year. Read more…
Tesla discloses patents for 48-volt system
After its NACS charging system, Tesla wants to make another of its components the industry standard with LVCS. This time it is about car connectivity. LVCS stands for Low-Voltage Connector Standard and is part of the 48-volt electronics architecture that Tesla uses for the Cybertruck. Read more…
Xpeng to report Q3 2024 earnings on Nov 19
During the third quarter, Xpeng delivered 46,533 vehicles, exceeding the upper end of its guidance range of 41,000 to 45,000 units. Read more…
BYD Denza reveals Z9 interior design sketches, launch expected in Nov
Denza’s Z9GT, another model in the Z series, hit the market on September 20 at a starting price of RMB 334,800 yuan. Read more…
China asks central government units to take lead in adopting local NEVs
The central government and state institutions and their subsidiaries should take the lead in using homegrown NEVs when equipping and upgrading their official vehicles, according to an announcement. Read more…
Faster heavy EV production
A purpose-built high voltage modular cable assembly (mCAY) has been developed to speed up production of heavy duty electric vehicles, writes Nick Flaherty. It can be said that many vehic manufacturers focus on the direct costs of their solutions, without paying enough attention to indirect production costs such as assembly, test and production equipment, or even reworks. Read more…
China EV insurance registrations for week ending Oct 27: Nio 4,200, Tesla 10,500, Xiaomi 5,700, BYD 95,600
Li Auto had 11,300 insurance registrations last week, Xpeng 5,600, Zeekr 5,100, Leapmotor 8,500 and Aito 8,700. Read more…
Xiaomi EV says SU7 Ultra prototype becomes fastest 4-door car at Nürburgring
The Xiaomi SU7 Ultra prototype completed its challenge at the Nürburgring with a lap time of 6:46.874, making it the fastest four-door car on the track, according to Xiaomi EV. Read more…
Tesla Model 3 wait time gets shorter in China
Chinese customers who order the Model 3 now can expect to get deliveries in 2-4 weeks, shorter than the previous 4-6 weeks. Read more…
Ford CEO says new mid-size electric pickup will match the cost of Chinese EVs like BYD
With new low-cost Chinese flooding global markets, Ford CEO Jim Farley vows its new mid-size electric pickup is a “game changer.” Ford’s leader took a jab at BYD, vowing the company’s new electric pickup will match the costs of Chinese automakers building in Mexico. Read more…
Louisville goes electric, Waymo gets $5B, Ford brings production to Michigan
Today’s episode of Quick Charge is a story of, “Thanks, Joe Biden!” as Ford and LG ink a deal to bring EV battery manufacturing back to Michigan, the city of Louisville gets the nation’s first all-electric garbage truck fleet, and Waymo gets a massive $5.6 billion cash injection. Read more…
Abarth 600e unveiled in two versions, orders open tomorrow
Abarth, the performance division of Fiat, just introduced its take on the 600e EV. It is the most powerful Abarth ever, offering up to 280 hp electric motor and a 0 to 100 km/h time of just 5.85 seconds. The Abarth 600e is the result of a collaboration between Abarth and Stellantis Motorsport engineers, sitting on the Perfo eCMP platform.… Read more…
