The Hyundai N Vision 74 isn’t science fiction. The brand is preparing to turn it into a production model. Read more…
Hyundai plans plug-in hybrid SUV for 2026, 21 EVs by 2030
Hyundai will launch plug-in hybrid SUVs as a “bridge to electrification” in 2026, but still plans to launch 21 EVs globally by 2030. Announced during the automaker’s 2024 CEO Investor Day presentation Wednesday, a new plug-in hybrid powertrain will use two electric motors to enable all-wheel drive, with a combustion engine acting primarily as a… Read more…
GM-Samsung $3.5B battery plant coming to Indiana
Samsung SDI on Wednesday said it had signed an agreement with General Motors for a joint EV battery factory in Indiana. First reported by Reuters, the deal calls for the two companies to invest $3.5 billion in the factory, which targets annual production capacity of 27 gigawatt-hours of cells. Samsung reportedly expects the factory to begin mass… Read more…
GREENE project kicks off in the EU to develop high-performance magnets
In the GREENE project, 15 European partners are working on high-performance magnets for electric motors in which the use of rare earths is greatly reduced. The magnets are based on neodymium, iron and boron (NdFeB). Read more…
Hyundai and Genesis focus on full hybrids
Hyundai is increasingly investing in full hybrid models. Together with its premium brand Genesis, the Korean car manufacturer intends to double its range from seven to 14 hybrids. The company also confirms the recently leaked development of a range extender electric drive. Read more…
Swiss Post expands electric-only operation to Basel
The Swiss Post has expanded its electric-vehicle-only operations to the city and canton of Basel. This is now the fourth city in Switzerland to be exclusively served by battery-electric postal delivery vehicles. Read more…
Hyundai Ioniq 9 Three-Row SUV To Be Built In America; 560-Mile ‘EREV’ In 2026
At Hyundai’s CEO Investor Day event, big plans to speed up on EVs—and a “bridge” vehicle that drives like an EV but packs a gas engine too. Read more…
Hyundai Is Making Hybrids That Can Power Your Appliances
Hyundai’s next-gen hybrid powertrain will go into production early next year with smart regenerative braking and V2L baked in. Read more…
Nissan’s all-electric GT-R to sport a solid-state battery, over 1,000 kW output
Solid-state batteries have been round the corner for a while at this point, but it appaears 2027 might finally be year when a bunch of automakers finally release their first vehicles with it. Nissan has seemingly chosen a very special vehicle to premiere the tech – its first all-electric GT-R. Nissan’s global vice president, Ivan Espinosa, revealed that solid-state batteries… Read more…
Electric Maserati for a day on the lake
Maserati has developed a luxury motorboat with an electric drive in collaboration with marine specialist Vita Power. The Maserati Tridente has space for up to ten people and was designed to bring “Maserati’s electrification strategy onto the water.” Read more…
China NEV retail at 718,000 in Aug 1-25, up 18% from same period last month
China’s NEV retail penetration was 55.1 percent in the August 1-25 period, and 44.3 percent year-to-date. Read more…
Smart #5: Winning over customers in the premium mid-range with 800 volts
It’s official. The Smart #5 will be an 800-volt electric vehicle with impressive fast-charging capability and a fully-fledged 100-kWh battery. Visually, the electric SUV flirts with off-road aspects. It is 4.7 metres long and embodies Smart’s final departure from its former focus on small cars. Read more…
214 electric buses delivered to Santiago
Chinese manufacturer Yutong has delivered 214 electric buses to the Chilean capital Santiago. They will replace the diesel buses in the southern part of the city. Read more…
Volvo Trucks launches charge management service
Volvo Trucks introduces new services for charging electric trucks: The new “Charging Management” service enables transport companies to efficiently manage the private charging of their electric trucks at their home depots. Read more…
BYD sees Q2 net income double from Q1, gross margin slips
BYD’s net income in the second quarter was up 98.36 percent from the first quarter, while gross margin was 18.69 percent, down 3.19 percentage points from the first quarter. Read more…
China Aug EV sales preview: Deutsche Bank expects Nio at 20,000, Tesla 65,000, BYD 370,000
Nio’s retail sales in August are estimated at around 20,000 units, flat year-on-year and flat sequentially, Deutsche Bank said. Read more…
Electra receives $20 million in US government funding
Electra Battery Materials has received 20 million dollars from the US Department of Defense. The funding will be used for the construction of Electra’s cobalt sulfate refinery in Temiskaming Shores, Ontario, Canada. Read more…
Range Rover says EVs won’t cut corners on luxury or performance
Range Rover is venturing into the electric vehicle space with its first-ever electric model. Set to arrive in 2025, this battery-powered luxury 4×4 will challenge the likes of the Mercedes-Benz G580 and other high-end electric SUVs that combine opulence with all-terrain capability. While retaining the iconic Range Rover aesthetic, the EV version will undergo significant modifications. It will use a… Read more…
Li Auto’s net income recovers in Q2 while gross margin slips further
Li Auto’s net income rose 86.24 percent in the second quarter from the first quarter, while gross margins slipped to 19.5 percent. Read more…
Michael Lohscheller takes over as CEO of Polestar
Polestar, the electric car brand of Geely and Volvo, announced the appointment of Michael Lohscheller as its new CEO. In October, he will succeed long-term CEO Thomas Ingenlath, who has held the position since 2017. The new appointment comes shortly after another significant change at the top of the board. Read more…
