BMW has begun production of a battery-assembly facility at its San Luis Potosí, Mexico, plant in anticipation of production of its next-generation Neue Klasse EVs. In addition to the battery facility, BMW said in a press release that it is also expanding the body shop and making other upgrades to the site, with a total investment of 800… Read more…
EV-maker Eli launches its $11,900 electric micro ‘car’ in the US
Eli Electric, the manufacturer of the popular Eli ZERO electric microcar, announced this morning the opening of reservations in the US. Read more…
The Avatr 15 is China’s latest answer to the Tesla Model Y
Chinese EV startup Avatr, backed by prominent local automaker Changan and battery supplier CATL, has announced its third and potentially most model crucial model. The Avatr 15 is a mid-size SUV that is planned to compete with the Tesla Model Y. Read more…
Li Auto to report Q1 2024 earnings on May 20
Li Auto delivered 80,400 vehicles in the first quarter, exceeding the upper end of its lowered guidance range. Read more…
Xpeng to report Q1 2024 earnings on May 21
Xpeng delivered 21,821 vehicles in the first quarter, slightly above the lower end of the guidance range of 21,000 – 22,500 vehicles. Read more…
New Kia EV6 facelift shows a sharper design
In addition to the first EV3, Kia will officially unveil a new EV6 with a refreshed design by the end of May. The current EV6 turned three years old in March and should retire later in 2024 when the facelifted model goes on sale. Read more…
China Apr NEV wholesale at 800,000, down 2% from Mar, CPCA estimates show
Since the beginning of the year, consumers have been in a wait-and-see mood, and the passenger car market has not been able to regain momentum in sales, the CPCA said. Read more…
Lucid plans high investments thanks to buffer funding from Saudi Arabia
Lucid continues to be in the red in the first quarter and anticipates growing investment expenditure totalling USD 1.5 billion for the current year. The Saudi sovereign wealth fund PIF, which has invested in Lucid, has now injected a further billion dollars. Read more…
BALIS 2.0 project focusses on fuel cells for aviation
In the BALIS 2.0 research and development project, a team led by H2FLY is working on a basic fuel cell module for hydrogen aviation. The module is considered an important building block for getting H2 regional aircraft with 40 to 80 seats into the air in the future. Read more…
Tesla China sells 62,167 cars in Apr, down 30% from Mar
In the January-April period, Tesla China sold 283,043 vehicles, down 7.25 percent from 305,164 in the same period last year. Read more…
Apple’s electric car ambitions tipped to live on through Rivian partnership
Rumors are swirling that a partnership between Apple and electric vehicle maker Rivian could be on the horizon. While Apple’s own EV project, known as Project Titan, was shelved earlier this year, supply chain sources are hinting at a potential collaboration with the plucky EV startup. Apple has a vast treasure trove of technology developed for its EV project, with… Read more…
China EV insurance registrations for week ending May 5: Nio 3,600, Tesla 11,000, BYD 52,600
Li Auto had 5,300 insurance registrations last week and Xpeng 1,400. Read more…
Global EV battery market share in Jan-Mar 2024: CATL 37.9%, BYD 14.3%
CATL continues to be No. 1, but with a slightly reduced share from Jan-February. BYD is back in second place, overtaking LG Energy Solution. Read more…
Onvo L60 seen without camouflage next to Nio swap station
This is the first time the side of the Onvo L60 has been seen in its entirety without camouflage, showing that the model looks somewhat similar to Nio’s coupe SUV model, the EC6. Read more…
Nio sub-brand Onvo to use BYD batteries, report says
BYD will supply a smaller battery pack for one version of Onvo’s new EV, according to Reuters. Read more…
Report: Apple mulling potential partnership with Rivian
Earlier this year, Apple canceled its decade-long Project Titan electric car initiative, but a new report from DigiTimes says that Apple’s electric vehicle ambitions might not be over. According to the story, Apple is “assessing the possibility of teaming up with a certain US EV startup, and Rivian is a very likely candidate.”. Read more…
Nio provides 65,779 battery swap services on average per day in Apr
On average, each Nio user made four battery swaps in April, each lasting about three minutes. Read more…
BYD Shark pickup to make global debut in Mexico on May 14
“BYD Shark, Hybrid Power, Wild Spirit,” BYD writes. Read more…
Chinese eVTOL maker Ehang completes passenger-carrying demo flight in UAE
Ehang completed a passenger-carrying demo flight of the EH216-S in the UAE, and the local debut flights of the EH216-F for high-rise firefighting and the EH216-L for air logistics. Read more…
WattEV opens US’ first megawatt charge station with 1.2MW speeds and solar
WattEV has just opened the first electric truck charging depot in the US to use the new Megawatt Charge System, capable of delivering up to 1.2 megawatts of power, currently the highest-speed charger available in the US, along with solar and battery backup on-site and a unique partially grid-islanded setup. Read more…
