Xiaomi’s EV business could have an intrinsic value of RMB 90 billion yuan if it scales up rapidly, Morgan Stanley said. Read more…
Airbus puts first hydrogen-electric propulsion system into operation
Airbus says it has made good progress towards using large hydrogen-electric aircraft from 2035. As part of its ZEROe project, the aircraft manufacturer has completed the iron pod propulsion system for its planned concept aircraft. Read more…
ACC & Circulor partner to map supply chain
The Automotive Cells Company (ACC) of Stellantis, Total and Mercedes-Benz is joining forces with the British company Circulor to track and verify the origin and CO2 emissions of raw materials in its battery cells for electric cars. Read more…
StoreDot unveils its cell-to-pack I-BEAM XFC concept
StoreDot unveils its I-BEAM XFC concept, a cell-to-pack design that takes extreme fast charging (XFC) from cell to vehicle level. Read more…
Telsa slashes prices across Europe on Model Y
Telsa has now joined Volkswagen and BYD in slashing the prices of its vehicles in Germany after the government ended EV incentives, according to Automotive News Europe. But compared to BYD’s drastic 15% cuts, Tesla is taking a more measured approach. Read more…
Ram launches ProMaster EV in the US
The Stellantis brand Ram Truck has presented its first BEV series model. The US offshoot of the Fiat E-Ducato is called Ram ProMaster EV and comes with 200 kW of drive power and a 110 kWh battery. Read more…
SK On & Solid Power to expand battery partnership
The South Korean battery cell manufacturer SK On and the US solid-state battery specialist Solid Power are expanding their partnership. Read more…
Volvo’s electric trucks qualify for UK plug-in grant
Volvo Truck’s FH Electric and FM Electric tractor units now qualify for the UK’s £25,000 plug-in grant. There are 100 large truck grants available across the market per financial year. After that, the subsidy is reduced. Read more…
Nio’s Alps sub-brand’s models to ditch LiDAR and adopt 1 Orin chip, report says
Alps will use a pure vision solution similar to Tesla’s on its smart driving system to cut costs, according to local media. Read more…
Sixt and Stellantis sign delivery agreement
In the coming three years, car rental company Sixt wants to add up to 250,000 vehicles from the Stellantis Group to its fleet across Europe and North America. The first cars will be delivered this quarter, and an undisclosed number will have an electric drive. Read more…
Mazda to offer its EVs with NACS ports in North America
Mazda has reached an agreement with Tesla and will also adopt the NACS charging port in North America from 2025. This comes after NACS became an official charging standard. Read more…
BMW patents an innovative-looking new folding electric scooter
BMW hasn’t been shy about playing around with new electric two-wheeler designs, though the number that have actually made it onto showroom floors is significantly lower. This time we’re getting a look at a potential new BMW electric scooter that may actually make it to production. Read more…
Vay begins commercial operation of remotely driven EV rides in Las Vegas
Eight months after announcing plans to enter the US market, European teledrive service Vay has officially begun commercial operations of its remotely operated EVs in fabulous Las Vegas. Customers can now order a car delivered directly to them without a driver in the vehicle, hop in, drive off, and use it as long as they’d like.. Read more…
China NEV retail sales at 226,000 in Jan 1-14, down 21% from same period last month
China’s NEV sales performed even worse at retail last week, leading to a significant drop in sales in the first half of the month compared to the same period in December. Read more…
Ford’s electric Explorer going into production in June
Ford’s ventures into the electric car market have hit a few speed bumps along the way. While the American automaker had initially promised a much earlier release of its VW-based Ford Explorer, recent reports suggest that the electric Explorer will finally roll out in June, with the first deliveries expected to reach customers by August. The electric Explorer is a… Read more…
Schaeffler’s high-performance ball bearing offers better range
They literally move the world as no powertrain can do without bearings ─ be it electric cars, hybrid vehicles or internal combustion engines. Schaeffler has now developed a special high-performance ball bearing with an integrated centrifugal disc. Read more…
Li Auto seeing immediate effects of price discounts
Some Li Auto stores saw a significant uptick in sales just this past weekend, and some trim levels are no longer available for delivery before the Chinese New Year, according to local media. Read more…
Quick Charge Podcast: January 16, 2024
Listen to a recap of the top stories of the day from Electrek. Quick Charge is available now on Apple Podcasts, Spotify, TuneIn and our RSS feed for Overcast and other podcast players. Read more…
Tesla Cybertruck gets 160 miles of range in first towing test
One of the first independent Tesla Cybertruck towing tests shows the electric pickup truck gets roughly 160 miles of range while towing about 6,000 lbs. Read more…
BYD unveils vehicle intelligence strategy, aims to invest over $14 billion
BYD will invest RMB 100 billion in vehicle intelligence in the future to lead the way in NEV development, the company’s chairman said. Read more…