It’s the rough equivalent of filing for Chapter 11 bankruptcy protection in the United States. What’s next for the troubled startup? Read more…
China NEV retail in Apr flat from Mar at 706,000, preliminary CPCA data show
In April, China’s retail sales of all passenger vehicles stood at 1.585 million units, down 2 percent year-on-year and 6 percent lower than in March. Read more…
Galaxy E5 electric SUV revealed in China
Just half a year after introducing the E8 electric sedan in November 2023, Geely subsidiary Galaxy has revealed an electric SUV with the E5. It is to be launched in China and will eventually make its way to global markets. Read more…
Lucid to go mainstream with $48,000 midsize electric crossover
Lucid, the luxury electric vehicle maker known for its high-performance Air sedan, has its sights set on the heart of the EV market. CEO Peter Rawlinson confirmed a target price of around €44,700 for the company’s upcoming midsize crossover SUV, a bold move that pits it against Tesla’s wildly popular Model Y. Rawlinson revealed that despite initial estimates closer to… Read more…
BYD to launch Sea Lion 07 on May 10
The price range for BYD’s Sea Lion 07 BEV will be RMB 200,000 ($27,700) to RMB 260,000, an executive said last year. Read more…
Rivian plans to produce 155,000 units of the R2 per year
US electric car manufacturer Rivian once again reports high losses for the first quarter, but for the first time provides details of the planned production capacities following the expansion of its plant in Normal, Illinois, in its annual report. Read more…
Nio subsidiary ‘Firefly’ to bring sub-€30,000 EVs to Europe
Chinese EV start-up Nio is doubling down on its efforts to become a key player in Europe’s automobile market, in line with the region’s progressive transition to zero-emission vehicles. Read more…
Leapmotor, Stellantis may announce formation of JV next week, report says
Leapmotor’s chairman and Stellantis CEO will appear together at a joint press conference next week, where they will jointly announce the formation of Leapmotor International, according to local media. Read more…
Nio expected to see 500,000th production car roll off line on May 9
Nio’s first vehicle rolled off the line on May 27, 2018. It saw its 100,000th mass-produced vehicle roll off the line in April 2021, when Tesla CEO Elon Musk expressed his congratulations. Read more…
Lucid Motors kept bleeding money in Q1 2024
Lucid Motors published its financial report for the first quarter of this year and there seem to be some good news, but more bad ones. The good news is that the company sold 39% more Airs compared to Q1 of 2023. However it still reported a $598 million financial loss for the quarter. There’s much-needed context to the increased sales,… Read more…
Nio, GAC sign deal on battery swap
Nio and GAC will work together on battery standards, development and customization of battery swap-enabled models, battery asset management and operations, and battery swap service network construction. Read more…
SAF-HOLLAND rolls out regenerative braking axle
SAF-HOLLAND started production of the SAF TRAKr electric trailer axle at its main factory in Bessenbach, northern Bavaria, in October 2022, following a successful testing phase. This is now being ramped up, with its MODUL suspension to be added to its portfolio in the middle of this year. Read more…
Nio to launch sub-brand Onvo on May 15, report says
Nio will officially launch sub-brand Onvo on May 15, with the new brand’s first model to go on sale in the third quarter and deliveries to begin in the fourth quarter, according to local media. Read more…
EcoG helps EVSE manufacturers streamline the process of bringing new products to market
Enabling the next phase of EV charging station manufacturing. We tech writers often refer to “ecosystems,” and biologists may shake their heads at our appropriation of the term, but the analogy is an apt one in many ways. A biological ecosystem has its charismatic megafauna (elephants, lions, whales), but it couldn’t function without its less-glamorous… Read more…
This company just launched red solar panels to match terracotta tiled roofs
Austrian solar manufacturer Sonnenkraft has debuted its new “Terracotta” solar panel that matches red-tiled roofs and is historic-building compliant. Read more…
GAF Energy’s new Texas factory is about to make a lot of nailable solar shingles
GAF Energy’s new nailable solar shingle factory in Texas is about to make the company the world’s largest solar roofing producer.. Read more…
China may support Tesla’s local testing of robotaxi, report says
The Chinese government will probably support Tesla in testing robotaxi locally, but has not yet fully approved its FSD driver assistance software entry, according to local media. Read more…
Aciturri invests in Dovetail Electric Aviation
Spain-headquartered aeronautical component manufacturer Aciturri has committed to acquiring a stake in Australian electric aviation technology company Dovetail Electric Aviation. Aciturri will invest in the second tranche of Dovetail’s seed investment round, which has a total target of $7 million. The first tranche, which closed last year, included airlines Rex in Australia and Volotea and… Read more…
Kumho Tire launches two new EV tires in the US
Kumho Tire U.S.A., the US distribution arm of Korea-based tire manufacturer Kumho Tire, has introduced two new tires for EVs: the Majesty 9 Solus TA91 EV, designed for coupes, sedans, and CUVs; and the Crugen HP71 EV, with improved all-weather performance for CUVs and SUVs. Both feature the company’s K-Silent technology that uses sound-absorbing foam… Read more…
Kia confirms EV3 for May 23 reveal, arrival in late 2024
Kia on Tuesday confirmed that its compact EV3 electric SUV will go on sale later this year. The production-bound EV3 is due to make its debut on May 23 and will in its shift from a concept vehicle to a production-bound one arrive “comprehensively equipped,” according to Kia, while also offering “outstanding performance through… Read more…
