Nissan launched a new business plan on Monday as the Japanese automaker looks to drive down EV costs. The new plan calls for significant EV cost reductions to reach EV and ICE cost parity by the end of the decade. Read more…
Tesla is ‘no longer compute constrained’, running out of excuses for self-driving
Elon Musk says that Tesla is “no longer compute constrained” in its AI training – meaning that it is starting to run out of excuses for not achieving its promised self-driving. Read more…
Nissan wants to achieve cost parity between EVs and combustion engines by 2030
Nissan has presented a new strategic plan called “The Arc.” According to the plan, the manufacturer wants to achieve cost parity between EVs and combustion engines by 2030 and increase sales of electric cars by one million vehicles over the next three years. Read more…
Over 16,000 Tesla Supercharger Stalls Open To Ford, Rivian And Others: Exec
Time-consuming utility interconnections are the only major hurdle to adding more stalls, Tesla’s public policy expert said. Read more…
Mack LR Electric refuse vehicle delivered to Coastal Waste & Recycling
US truck maker Mack Trucks, a subsidiary of Volvo, has delivered a Mack LR Electric refuse vehicle to Florida-based Coastal Waste & Recycling. Nextran Truck Centers will provide service and support. Coastal Waste & Recycling is also piloting Volvo Construction Equipment’s CE EC230 Electric 23-ton excavator. The Mack LR Electric features two-stage regenerative braking and… Read more…
BYD Seal AWD Performance fails all-wheel-drive test
The BYD Seal Performance, a sporty Chinese electric sedan, found itself in the spotlight for the wrong reasons. It turns out the AWD version actually isn’t. Swedish automotive reviewers at Teknikens Varld put two BYD Seal AWD models through the wringer, expecting the vehicles to deliver the enhanced traction and stability that AWD promises. Instead, they found out that the… Read more…
StoreDot opens new US HQ in California
Israeli battery developer StoreDot announced the official opening of its new Advanced Technology Campus in Irvine, California. Read more…
Van Hool applies for creditor protection
The Belgian bus manufacturer Van Hool has applied for creditor protection at the Commercial Court of Mechelen. It wants to ensure that operations can continue for the time being to give negotiations with banks and potential takeover candidates another chance. Read more…
Connected Kerb to expand charging infrastructure in NE England
UK charge point operator Connected Kerb announced plans to more than double the number of electric vehicle chargers in North East England, following its partnership with South Tyneside Council. Read more…
What The 2024 Election Could Mean For EV Tax Credits
Campaign rhetoric points to an uncertain future for EV incentives if Republicans win big this fall. Read more…
EU and Norway conclude battery raw materials partnership
The EU and Norway have agreed on a strategic partnership for raw materials and battery value chains. The memorandum of understanding provides for cooperation in five areas, including joint investment projects for the integration of value chains for raw materials and batteries and cooperation in research. Read more…
Renault Trucks to open service hub in Lyon
Renault Trucks will open a service outlet in the French city of Lyon. It will be called ‘Renault Truck City’ and will be located in the heart of the Urban Logistics Hotel (ULH), which will open its doors this week. Read more…
Nissan’s Comeback Plan Includes EVs 30% Cheaper Than Ariya, More Models
We look at Nissan’s updated strategy for the next few years, and ask: is the threat of Chinese EVs overblown? Read more…
CATL and Tesla launch cooperation to optimise charging times
CATL is working together with Tesla on new battery chemistries to enable faster charging of cells. The Chinese battery giant also sees great potential for reducing the costs of Tesla’s upcoming compact model. Read more…
Hyundai to double the number of fast chargers in South Korea
Hyundai plans to almost double the number of fast-charging stations in its own HPC network “E-Pit” in South Korea. The carmaker currently operates 286 fast-chargers at 54 locations across the country. Next year, it wants that number to reach 500. Read more…
The Hyundai Ioniq 6 Is Now The Cheapest Car To Lease In The U.S.
How does $239/month with no down payment sound? Read more…
Only The Hyundai Ioniq 6 Has Everything ‘Next-Wave’ EV Buyers Want: Study
How do EVs get past early adopters and break into the mainstream? Hyundai’s Ioniq 6 may offer some clues. Read more…
IM Motors says its new L6 model to feature solid-state batteries with over 1,000 km range
The IM L6 will be built on a quasi-900 V high-voltage platform and will be the industry’s first to feature ultra-fast-charging solid-state batteries in a production vehicle, IM Motors co-CEO said. Read more…
Eve Energy considers building battery factory in Coventry
The Chinese battery cell manufacturer and BMW partner Eve Energy is planning a factory at Coventry Airport, according to British media. Eve Energy is in talks with politicians to initially invest around £1.2 billion for 20 GWh of annual capacity in the future factory. Read more…
Northvolt breaks ground for German battery factory
Northvolt has begun construction of its battery cell factory in Germany. The official starting signal for the construction work at the gates of the town of Heide in the Schleswig-Holstein district of Dithmarschen was given in the presence of Federal Chancellor Olaf Scholz and Vice-Chancellor Robert Habeck. Read more…
