Retail sales of BEVs in February were 427,000 units, up 94.4 percent year-on-year and up 1.7 percent from January.
Combined retail sales of PHEVs and EREVs were 259,000 in February, up 53.86 percent year-on-year but down 20.31 percent from January.
LG Chem produces cathodes without precursors
LG Chem has announced its intention to become the first South Korean company to start mass producing cathode materials without precursors. This should not only shorten the development time, but also reduce the CO2 footprint of battery production. Read more…
StoreDot wins Kumyang as partner for battery production
The Israeli battery developer StoreDot has won the South Korean battery manufacturer Kumyang as a partner for the production of cylindrical EV battery cells. Kumyang will licence StoreDot’s XFC technology. Read more…
Nio making organizational changes to focus more on cost control, report says
Nio has introduced a CBU system to strengthen cost controls and multiple functions will be downsized based on full-year targets.
The new mechanism requires every penny invested to be heard back, said a source close to Nio’s management.
Farizon mass-produces first units of its H2 truck in China
The first 100 units of Farizon’s Xinghan G 200kW hydrogen fuel cell heavy-duty truck have rolled off the production line in China. It is thus the first series-produced H2 truck in the country. Read more…
All the EVs (and one PHEV) you can buy with 0% financing in March 2025 [update]
Lease deals get all the hype, but most people still want to own the car after they’re done making all those payments on it. If that sounds like you, and you’ve been waiting for the interest rates on auto loans to drop, you’re in luck: there are a bunch of great plug-in cars you can buy with 0% financing this March … and that includes a zero percent Tesla deal. Read more…
Exclusive: Recent William Li ‘interview’ was outdated info from last Dec
A recent widely discussed media story about an interview with William Li actually comes from December 22, 2024. Read more…
GAC launches Aion UT compact electric car in China
Around two months after the start of pre-sales, the Chinese car manufacturer GAC has now launched regular sales of its compact electric car Aion UT in China. The model starts at 69,800 yen (around 8,900 euros). Read more…
EVs Are Getting Cheaper To Repair
According to insurance data, the average repair bill for non-totaled EVs last year was the same as newer combustion cars. Read more…
UK government likely to back away from strict EV quotas
The UK is expected to relax ZEV mandates, which are increasing annual sales quotas for electric vehicles for manufacturers. There is no denying the parallel with the EU: Just a few days ago, the EU Commission announced its intention to reduce the pressure on automakers. Read more…
Nissan tests autonomous driving tech in urban Japan
Nissan is celebrating its latest advancements in self-driving technology, after putting a modified Serena minivan through its paces in the bustling Minato Mirai district, Japan. What sets this test apart is the complete absence of a human driver within the vehicle, marking the first time in Japan that a car has navigated such a complex urban environment completely autonomously. It… Read more…
Tesla sells 26,777 cars in China in Feb, exports 3,911 from Shanghai plant
Tesla sold 26,777 vehicles in the Chinese domestic market in February, down 11.16 percent year-on-year and down 20.55 percent from January.
In the January-February period, Tesla’s retail sales in China amounted to 60,480 units, down 13.63 percent year-on-year.
Tesla hands over first Model Y Juniper in Europe
Following the rollout in China and North America, Tesla has kicked off deliveries of the revised Model Y to European customers. The ‘Launch Series’ vehicles are joining the previously registered demonstration cars in customer hands. Read more…
Nio gets new policy support as Shanghai to subsidize city’s swap station construction
Starting April 1, Shanghai will subsidize 40 percent of equipment investments in battery swap stations open to other brands for a period of five years.
Shanghai is the latest city after Hefei to offer support for the battery swap sector.
Nio gets new policy support as Shanghai to subsidize city’s swap station construction
Starting April 1, Shanghai will subsidize 40 percent of equipment investments in battery swap stations open to other brands for a period of five years.
Shanghai is the latest city after Hefei to offer support for the battery swap sector.
Farasis unveils battery tech that supports 6C ultra-fast charging
Farasis said its 6C ultra-fast charging technology allows LFP batteries to charge from 10 percent to 80 percent in 8.55 minutes.
Farasis said its design significantly improves the heat dissipation area by up to 4.8 times on 6C LFP batteries.
BYD Denza to officially launch N9 on Mar 21 to target luxury SUV market
Denza began pre-sales of the N9 on February 21, with a pre-sales price range of RMB 450,000 ($62,000) to RMB 550,000.
The N9 is a six-seat hybrid SUV with a length, width and height of 5,258 mm, 2,030 mm and 1,830 mm, respectively, and a wheelbase of 3,125 mm.
Xpeng to officially launch updated G6 and G9 SUVs on Mar 13
Xpeng will officially launch the 2025 G6 and G9 at its spring event on March 13.
The updated G6 is a model developed for the global market and would be offered in left- and right-hand drive versions.
Zeekr teases full-size SUV 9X, its 1st hybrid model
Zeekr will showcase the Zeekr 9X at the Shanghai auto show in late April, with deliveries of the model scheduled to begin in the third quarter of 2025.
Zeekr also announced the Zeekr 9X Grand, which could be priced at more than RMB 1 million ($137,840).
Volkswagen finally promises buttons for the most important functions
Who knew touchscreens controlling everything in a car would be a horrible idea and lead to a lot of inattentive drivers? Oh, yeah, the entire car media and most owners of new cars. But not car makers, at least not for many, many years. Now we’re seeing somewhat of an awakening among them, and the latest to see the light… Read more…
