Dealers think the Biden administration’s EV policies are forcing the auto industry to move ahead of market demand, according to a new Automotive News survey. The publication’s 2024 Dealer Outlook Survey compiled responses from 208 U.S. car dealers and dealership managers. Nearly 83% of those surveyed said the federal government was pushing too… Read more…
BYD and FAW’s joint battery project goes into production
FAW-FinDreams has a total planned capacity of 45 GWh, and will be able to provide blade batteries for nearly 600,000 vehicles when fully operational. Its initial production capacity is 15 GWh. Read more…
ElectricBrands files for insolvency under self-administration
The German electric vehicle developer ElectricBrands has filed for insolvency under self-administration – and is aiming to “completely reorganise the company” with this step. The company, based in Eppertshausen, says it is about to launch its lightweight electric vehicles on the market. Read more…
Which ‘Cheap’ Electric Cars With Over 250 Miles Of Range Would We Buy?
Plus, General Motors commits (again) to plug-in hybrids. Read more…
Breaking: Electric motorcycle company CAKE quietly files for bankruptcy
CAKE, the Swedish electric motorcycle maker known for its eye-catching designs, is reportedly filing for bankruptcy after failing to raise enough funding to keep operations afloat. Read more…
Italy’s hard-right government may buy a stake in Stellantis
Stellantis has been at odds with the Italian government for its lack of support in EV adoption and not backing home-grown brands Fiat and Alfa Romeo. But now Italy says it is open to buying a stake in Stellantis, Reuters reports, using the same model France uses for its beloved Renault. Read more…
Vonmercier is the electric sportscar hovercraft that will have you saying, “Ok, but why?”
Hovercrafts are the platypus of the transportation world, borrowing parts and principles from wildly divergent sources and mashing them together into something that physically functions but rarely looks very attractive. Vonmercier seems to be trying to change all that with a new electric hovercraft design that heavily embraces the world of sleeky, sexy sportscars. Say hello to the Vonmercier Arosa EV hovercraft. Read more…
China’s Jan NEV wholesale at 700,000, down 37% from Dec, CPCA estimates show
China’s January wholesale sales of passenger NEVs are expected to be 700,000 units, up 80 percent year-on-year, but down 37 percent from December, the CPCA said. Read more…
Tesla Cybertruck’s aerodynamic wheel covers found to damage tires
A recent report broke out that the most recent Cybertrucks are shipped without the aerodynamic wheel covers and now we know why. Their unorthodox angular design causes severe wear and tear on the tires. Even though the tires have a recess that accommodates the seven pointy angles of the covers, they rub against the side wall of the tire. This… Read more…
Ecopro to source recycled materials from Cirba for new cathodes
The US battery recycling provider Cirba Solutions and the South Korean battery material manufacturer Ecopro have agreed on a cooperation. Ecopro will use recycled materials from Cirba Solutions to manufacture cathode materials for new batteries. Read more…
CTL partners with Orange EV to deploy electric yard trucks
Commercial Trailer Leasing (CTL) has announced a partnership with Orange EV to deploy battery-electric and DOT-compliant yard trucks throughout the United States. Read more…
Italy sets aside nearly one billion euros for cleaner transportation
Italy’s government has presented the key points for the 2024 eco-bonus. It is primarily aimed at low-income households with particularly old cars. The budget amounts to 950 million euros by the end of the year. The purchase of “vehicles with low pollutant emissions” – including combustion engines – will be subsidised. Read more…
VW plans low-cost electric SUV from India before 2030
VW’s long-announced low-cost combustion car from India never made it into series production. Now the head of India has announced that the VW Group wants to launch a low-cost electric SUV in India in the second half of this decade, which could also be exported to other countries. Read more…
Tesla sells 71,447 China-made cars in Jan, down 24% from Dec
The Tesla sales, which include exports from China to overseas markets, were up 8.17 percent year-on-year, but down 24.1 percent from December. Read more…
China power battery cell prices fall as much as 7% in Jan, TrendForce says
Pouch-type ternary power battery cells saw the biggest drop, falling 7.3 percent to $0.51 per Wh in January, TrendForce said. Read more…
BMW equips Steyr plant for New Class electric drive production
BMW has completed the new halls for the future production of New Class electric drive systems at its Austrian plant in Steyr and is now starting to set up the plant. Pre-series production is scheduled to start there in July. Read more…
Norway saw 4,717 new electric cars in January 2024
Electric cars accounted for 92.1 per cent of all new car registrations in Norway in January. The most popular new car was once again the Tesla Model Y. However, January is generally a weak sales month in the country. Read more…
Xpeng offers up to $1,390 off for 2024 G9 in Feb
The offer lowers the G9’s starting price to RMB 253,900 in February. Read more…
Nio to launch active safety features based on end-to-end neural networks in H1, report says
If it moves forward smoothly, Nio will be the fastest among Chinese companies to mass-produce end-to-end features, LatePost said, citing a person close to the company. Read more…
BYD launches electric sedan Seal in Nepal
Seal is the third EV model launched by BYD in Nepal after Atto 3 and Dolphin. Read more…
