The current Jeep Grand Cherokee has only been around for a couple of years but details of a redesigned sixth-generation model have already surfaced. The UAW recently published a document outlining its latest agreement with Jeep parent company Stellantis, and included were production schedules for several of the automaker’s North American plants… More…
Will Mercedes’ electric vans get battery cells from AESC?
AESC will supply Mercedes-Benz with battery cells in Spain from the middle of this decade. According to a media report, the battery cells produced on the Iberian Peninsula will be delivered to the Spanish Mercedes-Benz Vans plant. Read more…
Scania and Sennder to lease electric trucks in pay-per-use model
Truck manufacturer Scania and digital road freight forwarder Sennder Technologies have announced a joint venture to drive the large-scale introduction of electric trucks in Europe. The company, called Juna and headquartered in Berlin, plans to rent out electric trucks via a pay-per-use model. Read more…
Lucid struggles with falling turnover
Lucid Motors publishes its business figures for the third quarter. Turnover is falling due to fewer vehicles delivered recently. And once again, the electric car manufacturer cuts its production target for the current year. Read more…
Bosch scores major fuel cell deals in China; opens new plant
Bosch is pushing hydrogen commercial vehicles in China. The company recently delivered 300 fuel cell systems and received orders for more than 1,000 FCEV delivery vans. Read more…
Ford’s battery partners are also scaling back investments
Ford’s decision to postpone part of its planned billion-euro investment in new production capacity for electric vehicles has far-reaching consequences. It also impacts battery suppliers. Read more…
Tesla pays nearly €9,000 settlement over misleading FSD claims
Tesla’s ambitious promises of a Full Self-Driving (FSD) system have recently faced scrutiny from the UK legal system. Edward Butler, a Tesla Model 3 owner, has successfully challenged the electric car giant, securing a settlement of approximately €9,000. The victory circles around Tesla’s claims of FSD capabilities that, according to Butler, have failed to materialize, thereby breaching the Consumer Rights Act of 2015. In 2016, Tesla introduced the FSD system as a futuristic addition to its electric vehicles, making both promises of cars capable of navigating the hustle of traffic lights… More…
Tesla delivers 28,626 vehicles in China in Oct, exports 43,489 from Shanghai plant
Tesla’s share of the NEV market in China was 3.73 percent in October, and its share of the BEV market was 5.78 percent. Read more…
China’s NEV retail sales up 2.7% MoM to record 767,000 in Oct, CPCA data show
China’s NEV penetration rate at retail was 37.8 percent in October, up from 36.9 percent in September. Read more…
Rivian to supply third parties
Rivian will offer its electric delivery vans to other companies in future and is cancelling its exclusivity clause with Amazon. According to the e-commerce giant, the move had been planned anyway. Read more…
Audi builds PPE motors in series in Györ
Audi has started production of the electric motors for the Premium Platform Electric (PPE) in Györ, Hungary. The newly developed drives will initially be used in the Audi Q6 e-tron, which will roll off the production line at the main plant in Ingolstadt at the end of 2023. Read more…
TrendForce expects China’s power battery price decline to continue into 2024
China’s lithium battery industry’s overcapacity will continue into 2024, and battery prices will still decline next year, TrendForce said. Read more…
Saudi Arabia’s sovereign wealth fund in talks to invest in Chinese EV maker Human Horizons, report says
Saudi PIF could invest at least $250 million in Human Horizons at a valuation of $3 billion, and a deal could be reached as early as this year, according to Bloomberg. Read more…
CSM’s new HV breakout module
As an extension of the HV Breakout Module (HV BM) product portfolio, CSM GmbH presents the HV Breakout Module 3.1 OBC for worldwide analyses of the AC charging processes of electric and hybrid vehicles. For this reason, the module is designed for currents of up to 88 Arms (±125 A). Due to the integrated star connection, one- to three-phase measurements are possible with this HV-safe (per EN 61010) measurement module. A high sampling rate also provides precise measurements during switch-on and switch-off processes. More…
Gogoro smart electric scooters getting several Apple features
Gogoro, a leading player in the battery-swapping electric scooter market is taking a page out of Apple’s book. Or more accurately, it’s working with the consumer electronics giant to incorporate key Apple features directly into its scooters. More…
Tesla Sweden strike update: Tesla comments, sympathy strikes expand
Tesla service workers in Sweden are on strike, and Tesla commented publicly on the strike for the first time as sympathy strikes expand to shipping, cleaning and electrical workers. More…
Lithium carbonate prices keep falling as supply-demand imbalance fears persist
The average price of battery-grade lithium carbonate in China is falling close to RMB 150,000 per ton, about half of what it was at the end of June, as supply-demand imbalances continue. Read more…
Xpeng Q3 earnings preview: In-line results expected, margins likely to beat
“In light of China’s EV market remaining ultra competitive for the foreseeable future, Xpeng’s strategy continues to resonate well with us, making the stock our Top Pick in the group,” Deutsche Bank said. Read more…
Lucid (LCID) cuts 2023 EV production target as operating losses widen in Q3
Lucid Motors (LCID) is cutting its 2023 production goal following widening losses in Q3. The EV maker is facing stiff competition in the premium electric vehicle market. More…
Ørsted is going to deploy AI across 5.5 GW of US wind, solar, and storage
Ørsted will roll out artificial intelligence (AI) across 5.5 gigawatts (GW) of its land-based wind, solar, and energy storage assets in the US. More…
