BMW is not letting volatile market conditions deter its aggressive electric vehicle expansion plans. The company revealed strong first-quarter financials and outlined its commitment to investing in a zero-emissions future with new models and increased production capacity. While the automotive industry remains challenged by economic uncertainties, BMW is doing well. Compared to the first three months of 2023, the company’s… Read more…
Nio, GAC Aion’s Hyper brand to interconnect charging network by end of May
Previously, companies including SAIC, Jiyue, Geely Automobile Holdings and Deepal have announced access to Nio’s charging network. Read more…
Tesla ramps up layoffs in China, report says
Tesla is escalating the scale of layoffs in China, with more cuts starting earlier this week, extending mid-April cuts, according to Bloomberg. Read more…
BYD Qin L with next-gen DM-i hybrid tech expected to hit market on May 29, report says
The Qin L DM-i is expected to be priced around RMB 120,000 ($16,610) to RMB 150,000, according to local media. Read more…
BYD’s sodium battery joint venture formed
The joint venture is 51 percent owned by BYD’s battery unit FinDreams, with local conglomerate Huaihai holding the remaining 49 percent. Read more…
BorgWarner offers intelligent wheel torque control
BorgWarner is first-to-market with its electric Torque Vectoring and Disconnect (eTVD) system for battery electric vehicles (BEVs) with launches for Polestar and an additional major European OEM.
The eTVD is part of the company’s electric torque management system (eTMS) portfolio. It is designed to control wheel torque intelligently to increase stability, provide superior dynamic performance, and improve traction during launch and acceleration. Read more…
Dongfeng’s electric off-road brand M Hero to export cars to Middle East
M Hero will soon export the M-917 off-road vehicle to the Middle East, which was previously launched in Switzerland. Read more…
Nio to officially launch Onvo brand on May 15, debut model to take on Tesla Model Y
Onvo’s first model, the Onvo L60, will take on the Tesla Model Y, targeting the market for smart, all-electric SUVs for families in the RMB 250,000 yuan ($34,600) class, Nio said. Read more…
Nio’s 500,000th production car rolls off line at F2 plant
Nio’s 500,000th production vehicle is an ES8, which began first deliveries in June 2018. Read more…
Xpeng announces entry into Australia, G6 to make local debut by Q4
Xpeng has entered into a partnership with Australia’s TrueEV, which will be its sole importer, distributor and retailer in the country. Read more…
Polestar 2 lease price drops to $299 a month thanks to new $10k discount
Thanks to the $10,000 Polestar Clean Vehicle Incentive introduced last week, 2024 Polestar 2 lease prices are now over $120 a month cheaper. Read more…
Amazon puts first electric semi trucks into ocean freight operation
Southern California truck spotters will have plenty of electric semi trucks to watch out for as Amazon adds fifty Class 8 EVs to its commercial fleet. Read more…
Rivian receives state funding to expand its Illinois EV factory
US EV manufacturer Rivian has received an $827-million incentive package from the Illinois Department of Commerce & Economic Opportunity to expand the capacity of its plant in the state. The funding will enable Rivian to upgrade the facility over the coming months to manufacture the R2, its midsized SUV model. At the same time, the… Read more…
Elon Musk outlines upcoming Tesla Full Self-Driving updates
Elon Musk has given an update with an outline for Tesla’s upcoming Full Self-Driving (FSD) software updates. Read more…
When will Tesla cars be capable of unsupervised full self-driving (SAE Level 5)?
Lexus May Launch Electric ES Sedan, Camry EV Could Follow
The Tesla Model 3 may finally get direct rivals from Japan in a few years. Read more…
Fisker’s Austrian arm files for reorganization following production stop
A few days ago Fisker’s production partner for the Ocean EV, Magna Steyr, announced that it stopped building the vehicles for the struggling company. And today, Fisker’s Austrian arm, which oversaw the managing of the contract manufacturing performed by Magna Steyr in Austria, has filed for reorganization and court protection from creditors. This is roughly equivalent to filing for Chapter… Read more…
Go-Station hosts electric drayage truck pull and EV demo event at Georgia port
Charging company Go-Station will host an electric drayage truck pull at the Port Fuel Center (PFC), located at the twin container ports Garden City Terminal and Ocean Terminal, near Savannah, Georgia. Garden City Terminal is the fourth busiest container handling facility in the US. The truck pull, organized by Go-Station in partnership with PFC and… Read more…
How To Chose A Home Charger For Your Electric Car
There’s a lot to consider, so let us walk you through the process. Read more…
Where Tesla Falls Down, Geely Picks Up With Its Zeekr Brand
Constant updates have turned the Zeekr 001 into a hot seller on the Chinese market. Right now, it’s the car Tesla wishes it made. Read more…
