Ford’s electric vehicle business posted losses of $1.3 billion in the first quarter of 2024. Turnover from the division fell by 84 per cent in the first three months of the year, which Ford justifies with “industrywide pricing pressure [that] continued to affect electric vehicles currently on the market.” Read more…
Nio, Lotus enter into strategic partnership on charging and battery swap
Nio and Lotus will collaborate in areas including the development and customization of models that support charging and battery swap, and charging connectivity. Read more…
BYD unveils Qin L, Seal 06 hybrid sedans at Beijing auto show
The Qin L DM-i and Seal 06 DM-i are both mid-size sedans that will both go on sale in the second quarter and are expected to feature BYD’s fifth-generation DM hybrid technology. Read more…
Nestech takes rapid prototyping of motor cores to a new level
As electrical machine manufacturers strive to squeeze ever more efficiency out of motors and generators, there is a growing need for rapid prototyping to support tests of new core geometries in hardware form to confirm they perform in the way simulations say they should, writes Peter Donaldson. Read more…
BYD’s Yangwang launches new variant for U8, gives U7 debut at Beijing auto show
Yangwang launched the U8 Off-road Master Edition with enhanced off-road capabilities at a starting price of RMB 1,098,000. The U7 sedan will be priced in the RMB 1 million range and will go on sale in the second half of the year. Read more…
Nio launches 2024 ET7: Starting price unchanged, top-trim variant gets price hike
The starting price of the 2024 ET7 is the same as the 2023 model, but the price of its top-trim variant with a 100-kWh battery pack has gone up by RMB 10,000 yuan. Read more…
Daily EV Recap: Tesla in talks over licensing Full Self-Driving
Listen to a recap of the top stories of the day from Electrek. Quick Charge is now available on Apple Podcasts, Spotify, TuneIn and… Read more…
Xiaomi aims to see SU7 monthly deliveries exceed 10,000 units in Jun
As of April 24, locked-in orders for the Xiaomi SU7 reached 75,723 units, with 5,781 units delivered 28 days after the model’s launch. Read more…
Nio’s press briefing at 2024 Beijing auto show: Live updates
Audi shows longer-wheelbase Q6L e-tron with over 700 km of range
Audi has just showed the exterior of the Q6L e-tron at the Beijing Auto Show. The “L” in the name stands for longer-wheelbase. The car is in fact 105 mm longer than the standard version, and it’s been tailor-made for the Chinese market. It’s 4,884 mm long, 1,965 mm wide, and 1,687 mm tall, with a wheelbase of 2,995 mm.… Read more…
2024 Beijing auto show: Media day press briefing schedule
Xiaomi’s press event will be held at 9:20 – 9:40, Nio at 10:00 – 10:20 and BYD at 11:40 – 12:00. Read more…
First discounts on new Goal Zero power stations, $500 off GoTRax Everest e-dirt bike, and more
Today’s Green Deals are lead by the fourth official discount on the GoTrax Everest Electric Dirt Bike that is back at $500 off. It is joined by the first official discounts on Goal Zero’s newest power stations, the Yeti 300, 500, and 700 models that start from $240, as well as dual one-day Best Buy sales on the WORX 40V PowerShare 14-inch Cordless Electric Chainsaw for $189 and the WORX LeafPro Universal Collection System for $36. Plus all of the other days’ Green Deals that are still going. Read more…
Ford’s EV unit weighs on Q1 2024 earnings as Pro remains the dark horse
Amid a shifting strategy, Ford (F) reported first-quarter earnings Wednesday, beating analyst expectations. However, due to fierce pricing pressure, Ford’s EV revenue fell 84% in Q1 2024. Read more…
Tesla (TSLA) surges on Elon Musk trying to ride AI wave
Tesla’s stock (TSLA) surged 12% today, one of its best days in a long time, as Elon Musk tries to position Tesla to ride the artificial intelligence wave. Read more…
VW ID. Code “design show car” unveiled, previews upcoming large SUV
At the Beijing Auto Show today, Volkswagen introduced the ID. Code “design show car” (because “concept” sounds oh-so outdated or something) developed specifically for customers in China. This car won’t ever become reality in itself, but it does introduce completely new aesthetics and previews an upcoming large SUV. The ID. Code is part of VW’s “in China, for China” strategy,… Read more…
Ford Will Build Profitable, Affordable Sub-$30,000 EVs
Ford isn’t making money selling EVs, but it’s learning that consumers want cheap EVs. Ford promises to deliver them. Read more…
BMW updates i4 for 2025
Get ready to experience a refreshed and improved driving experience with the 2025 BMW i4. The iconic German automaker has unveiled a redesigned front end, sportier interior, a slew of technological updates, and exciting new color options for the popular electric sedan. While BMW hasn’t confirmed every detail, these updates suggest they’re committed to continuous improvement in the competitive EV… Read more…
New York State’s largest solar + storage carport breaks ground at JFK airport
New York State’s largest onsite solar plus storage project – a solar carport canopy at JFK International Airport – has begun construction. Read more…
Rivian design boss shares how R2 builds off R1S and R1T at a lower price
Rivian wants to shake up the industry with its next-generation R2 electric vehicle. Starting at around $45,000, the R2 is expected to open up a new market of buyers. How does Rivian plan to keep its rugged luxury feel at a lower price? The company’s design boss explains. Read more…
Tesla expects its 4680 battery cells to be cheaper than suppliers by end of year
Tesla now says that it expects its own 4680 battery cells to become cheaper than those coming from suppliers by the end of the year. Read more…
