That means the aging I-Pace EV will also get the axe, not just the combustion cars. Read more…
BMW’s “New Class” will spawn 6 electric cars
BMW, the automaker celebrated for its spirited driving dynamics, is poised to unveil a slew of electric cars in a radical shift toward battery-driven power. The new lineup dubbed the “New Class” in homage to a transformative period in the company’s history, represents more than just a new badge – it’s a complete overhaul of development, production, and BMW’s very… Read more…
Analysts: 40% drop in 2023-2025 EV battery prices will boost sales
A number of factors may be converging to lower EV battery prices, which in turn could boost EV demand, according to new analysis from Goldman Sachs. Analysts expect nearly a 40% decline in EV battery prices between 2023 and 2025, and for EVs to “reach breakthrough levels in terms of cost parity” with internal-combustion vehicles in some markets as… Read more…
Nissan Leaf regains tax credit access, now starts at $24,400
Nissan and the IRS announced today that the Leaf has regained eligibility for the federal tax credit for electric vehicles. Read more…
Europe may slap retroactive tariffs on Chinese EVs
After months of investigation, the European Commission says it has found evidence that China has been “unfairly” subsidizing the EVs it exports to Europe. Possible “remedies” on the table include retroactive tariffs on Chinese EVs. Read more…
Uber and Revel partner up to offer EV drivers exclusive charging discounts in NYC
Uber Technologies and charging provider Revel have announced a new strategic partnership in which the rideshare network will financially support the latter in expanding its charging infrastructure in exchange for exclusive charging discounts for its drivers. The perks will start in New York City with plans to expand Revel chargers and discounts to other major cities across the US. Read more…
BYD launches cheaper Seagull electric car with starting price under $10,000 to fuel price war
BYD’s cheapest electric car just got even more affordable. The EV maker is fueling its price war with gas-powered cars with the launch of its newest “mini Lamborghini” electric car. The BYD Seagull EV Honor Edition starts at $9,700 (69,800 yuan), 5% cheaper than the previous model. Read more…
Why You Don’t Underestimate Toyota In The Electric Race
Toyota buys out Panasonic’s share in a battery joint-venture, BYD cuts prices and one Chinese component delays shipments of VW’s cars. Read more…
2024 Kia EV9 Gets Up To $7,000 In Discounts
Shop around and you could get a great deal on Kia’s all-electric family hauler. Read more…
Swobbee puts four battery swap stations into operation in New York
As part of a pilot project, the German startup Swobbee has installed the first four battery exchange stations in New York City, which will initially be used by 30 to 60 drivers in this first phase. Read more…
Production of Volta’s trucks to restart at contract manufacturer Steyr
Volta Trucks is restarting production of its electric trucks in Austria from May. After the insolvent truck manufacturer was taken over by Luxor Capital at the end of 2023, contract manufacturer Steyr Automotive has now announced the signing of an initial agreement to continue the production of Volta’s trucks. Read more…
BYD’s Denza brand launches updated D9 MPV with lower starting price
The Denza D9 MPV continues to be offered in hybrid and pure electric versions, with starting prices lowered by RMB 10,000 and RMB 16,000, respectively. Read more…
Tesco adds first Iveco eDaily to its fleet
British supermarket chain Tesco wants to deploy a total of 151 all-electric Iveco eDaily. The first vehicle is now making customer deliveries. Read more…
Aiways needs fresh capital and wants to become an export brand
The struggling electric car manufacturer Aiways wants to become a pure export brand. However, the company needs more capital in order to resume production of its two models. If this succeeds, an e-car for around 25,000 euros could also follow. Read more…
Volvo Global EV Sales Hit A New Record Share In February 2024
The ramp-up of the Volvo EX30 continues, resulting in over 3,500 sales last month. Read more…
Google-backed Gravity claims fastest EV charging in America
Gravity, a New York-based EV charging startup backed by Google Ventures, claims to be rolling out the fastest chargers in the U.S. The startup’s chargers, which as of Monday are available for public use at a single location in New York City, can charge at a peak power rate of 500 kw and add 2,400 miles of range per hour of charging, equivalent to… Read more…
Dodge Charger Daytona EV is here to recharge muscle car market
Dodge is making a rebellious stand in the electric vehicle market with its first all-electric muscle car, the Charger Daytona. While most EVs prioritize efficiency and eco-friendliness, Dodge came up with an electric car that delivers thrilling acceleration and a healthy dose of nostalgia. The heart of the Charger Daytona is an uncompromising powertrain. Gone is the iconic rumble of… Read more…
Tesla plant in Germany: shock, damage and shutdown after attack on power supply
One day after the attack on the power supply at the Tesla plant in Grünheide by Berlin in Germany, the full extent of the impact is becoming apparent – and more and more people are speaking out publicly—an overview. Read more…
Paccar installs charging infrastructure for DAF dealer in Barendrecht
Paccar Parts Europe has installed a power supply system at Best Trucks, a DAF Electric Truck Centre in Barendrecht, the Netherlands. The charging system includes solar panels, power storage and three fast-charging connections. Read more…
Xpeng reportedly asks dealers to stock up on inventory as it begins to rely more on traditional sales model
Xpeng is asking dealers to purchase vehicles for half of their target sales each month, rather than requiring them to purchase the entirety of their target sales as traditional brands do, according to local media. Read more…
