During next month’s Beijing auto show, Xpeng will officially launch its new brand for the RMB 100,000 to RMB 150,000 segment. Read more…
Xpeng Q4 2023 earnings: Deutsche Bank’s 1st look
Xpeng delivered solid fourth-quarter earnings although the guidance came in soft, said Deutsche Bank. Read more…
Mazda To Trademark The ‘6e’ Name And Logo In Europe, Maybe For Electric Sedan
Is the Mazda6 sedan coming back as an EV? A recent model name and logo trademark application in the EU seems to suggest it might. Read more…
Nvidia and MediaTek team up to on new car chipsets
The automotive world is on the cusp of a revolution, and it’s not just about ditching gas for electric powertrains. We are heading towards a future where cars are more than just modes of transportation – they’re extensions of our digital lives. A landmark partnership between MediaTek and Nvidia promises to usher in an era of cars with unprecedented levels… Read more…
Electric boat manufacturer Candela raises 25 million euros in fresh capital
The Swedish electric boat manufacturer Candela has completed its largest financing round to date. It comprises investments totalling 24.5 million euros. Candela intends to use the additional capital to expand production of its P-12 electric ferry. Read more…
Gillig to deliver up to 395 electric buses to the greater Seattle area
North American bus manufacturer Gillig has signed a framework agreement to deliver up to 395 battery-electric buses. The customer is the transport operator King County Metro Transit, which operates in the greater Seattle area. Read more…
China EV insurance registrations for week ending Mar 17: Nio 2,200, Xpeng 2,200, Li Auto 7,000, Tesla 12,300
So far this month, Nio was 5,500, Xpeng 4,700, Li Auto 18,200 and Tesla 31,000. Read more…
US government funds 52 hydrogen projects
The US Department of Energy has announced 750 million US dollars in funding for 52 hydrogen and fuel cell projects in 24 states. This is primarily intended to boost the domestic production of fuel cells and electrolysers – especially with a view to heavy commercial vehicles. Read more…
Ford may be planning a compact electric car for 25,000 dollars
There are new details about Ford’s announced EV platform for smaller, more affordable electric vehicles. According to a media report, the first model based on the new platform will launch at the end of 2026 and cost around 25,000 US dollars. Read more…
Stellantis is making another investment in Archer
Stellantis is increasing its stake in Californian e-fly taxi developer Archer Aviation. According to the car manufacturer, it recently bought around 8.3 million shares in Archer on the open market. Read more…
Xiaomi unveils its EV factory as 1st model 9 days away from launch
Xiaomi held a board meeting at its EV factory, where directors toured the plant and test drove the Xiaomi SU7, its founder said. Read more…
Xpeng posts record revenue in Q4, gross margin turns positive
This article is being updated, please refresh later for more content. Read more…
Hybrid electric propulsion passenger aircraft
A European project is developing a new propulsion system for medium-range aircraft with up to 35 passengers, writes Nick Flaherty.
Several Fraunhofer Institutes and Brandenburg University of Technology Cottbus-Senftenberg, under the leadership of Rolls-Royce Germany and other partners such as research institution ACCESS, are collaborating on the hybrid electric-propulsion system. Read more…
Renault Korea Motors shifts to EV production in Busan
BMW also builds Neue Klasse in Regensburg
BMW will also produce Neue Klasse (New Class) electric cars at its Regensburg plant. The car manufacturer confirmed this but has not yet provided further details or possible models. However, the rumour mill has already started. Read more…
Nio starts exploring interaction of highway swap stations with grid
As of the end of February, Nio had 587 battery swap stations and more than 27,000 charging piles participating in grid load regulation in 14 provinces and cities. Read more…
Fisker pauses production of the Fisker Ocean
US electric car manufacturer Fisker has stopped building its Ocean amid financial worries. It also announced that an existing investor has commited to up to $150 million of gross proceeds. However, the financing is subject to certain conditions. Read more…
Rivian owners can now access Tesla’s Superchargers in North America
As all of its competitors eventually did, Rivian announced back in June of last year that it made a deal with Tesla to adopt the NACS charging port for its future cars sold in North America, and – also like all of its competitors in the US – that meant Rivian owners would get access to Tesla’s 15,000-strong Supercharger network… Read more…
Nio Firefly: New spy shots show more details
The Firefly brand, while focused on small cars, will be based on five-star European safety standards and will support battery swap, Nio CEO William Li said last week. Read more…
Interoperability startup Enapi scores €2.5 mn and lists launch partners
The new tech company completed a €2.5 million pre-seed funding round and has already selected launch partners. Electra from France, Monta from Scandinavia, Jucr from Germany and Osprey, Octopus Electroverse, Ovo Drive and Paua from the UK will start using Enapi’s new tool. Read more…
