Tesla appears to be behind the acquisition, or “acqui-hire”, of a company developing direct drive motors for robots as it is being liquidated by Koch Engineered Solutions. Read more…
Regulatory filing: Xpeng Mona M03 has only single motor options, batteries from BYD
The Xpeng M03 is powered by two different motors with peak power of 140 kW and 160 kW, respectively. It has lithium iron phosphate batteries from BYD. Read more…
Fast-charging joint venture Ionna chooses Durham as its headquarters
It is an alliance of seven car manufacturers that is similar to Ionity’s idea, but focusses on North America: Ionna wants to pull up a dense network of fast-charging points in just a few years and become the market leader. The joint venture has now decided on a headquarters. Read more…
Lynk & Co Z10 debuts with impressive range and rapid charging
The Lynk & Co Z10 made its official debut at a global premiere in Gothenburg, Sweden. The flagship sedan, formerly known as the Lynk & Co Zero, points to a bold new direction for the brand. Based on Lynk & Co’s “The Next Day” concept car, the Z10 boasts has very distinctive headlights, hidden door handles, and frameless side windows.… Read more…
CATL and BYD are working on batteries with a 6C charge rate
CATL and BYD are working on faster-charging batteries for electric cars. CATL is planning to launch a new generation of its Qilin battery with a charging rate of 6C in the second half of 2024. BYD is also rumoured to be working on a 6C battery. Read more…
USA: $1 billion dollars in incentives paid since January
The US federal government has paid more than $1 billion dollars on cash incentives for electric vehicles since January. Apparently, about 150,000 buyers opted for the advanced payment. Read more…
Regulatory filing: Nio Onvo L60 to use BYD batteries, offers single and dual motor options
The Nio Onvo L60 will use lithium iron phosphate batteries supplied by BYD, with single and dual motor options, and will be built at Nio’s F2 plant. Read more…
Echion raises $35 million to manufacture XNO anode material
British niobium anode materials supplier Echion Technologies has raised 35 million dollars in its Series B funding round. The money will bring Echion’s niobium-based XNO anode material to market. Read more…
Automakers’ share of China NEV market in May: BYD tops with 33.4%, Tesla 3rd with 6.9%
In the January-May period, BYD was No. 1 in China’s NEV market with a 34.0 percent share, while Tesla was No. 3 with 6.7 percent. Read more…
Audi to invest €1 bn in Mexico for EV production
Audi plans to invest €1 billion in its Mexican plant to produce an e-tron model. It’s almost certain now that the company will build the next-gen Q8 e-tron in Mexico. Read more…
Musk claims both controversial Tesla shareholder votes passed
With Tesla’s shareholder meeting happening tomorrow, Tesla CEO Elon Musk shared charts suggesting that shareholders have approved two controversial ballot measure. Read more…
JLR to use Chery platform for future electric cars
Chinese carmaker Chery confirmed that Jaguar Land Rover (JLR) will use its M3X and E0X modular platforms for future battery-electric and plug-in cars. To that end, JLR has signed a strategic agreement with Chery brand Exeed. Read more…
Mona M03 debuts as Xpeng-Didi’s first co-developed EV
A new electric sedan from China called ‘Xpeng Mona 03’ debuted online on 11 June. It is the first EV from Xpeng Motors and ride-hailing service provider Didi’s collaboration. Read more…
Ørsted got a huge Tesla battery storage system for the world’s single largest offshore wind farm
Ørsted just bought a 300 MW Tesla battery energy storage system for the UK’s Hornsea 3 Offshore Wind Farm.. Read more…
Nio sees 1st batch of 4th-gen swap stations with multi-brand support go live
Nio’s fourth-generation battery swap stations are more open, supporting service for multi-brand vehicles with more battery pack sizes. Read more…
BYD showcases its assisted driving capabilities in rare video demo
A Denza N7 SUV navigates a complex urban road with the assisted driving feature turned on and zero takeover, marking the real-life debut of BYD’s assisted driving technology that doesn’t rely on high-definition maps. Read more…
Nio sees total user mileage under NOP, NOP+ cross 1 billion km
Nio unveiled NOP in September 2020 and launched the more powerful NOP+ in December 2022. Read more…
CATL, BYD working on even faster 6C charging tech, report says
CATL plans to launch a second-generation Qilin Battery with a 6C charging multiplier in the second half of 2024, and BYD’s second-generation Blade Battery could also be launched in the second half of the year, with a 6C battery in the works. Read more…
Honda undercuts Tesla Model Y after slashing Prologue EV lease prices to $399/mo
After introducing new incentives, the Honda Prologue EV is now cheaper to lease than Tesla’s Model Y. Honda believes the Prologue hits the “sweet spot” of the electric SUV market at the right price. Can it compete with Tesla’s best-selling Model Y. Read more…
Ford poaches ex-Tesla, Rivian, and Apple talent to develop affordable EVs
As the race heats up to introduce more affordable electric cars, Ford is bringing on some of the best EV engineers to help it compete. Over the past few months, Ford has hired talent from Tesla, Rivian, Apple, and Lucid to help accelerate the development of affordable EVs. Read more…
