The manufacturer made a series of announcements at its first „Polestar Day.” On top of expanding manufacturing of the Polestar 4 to South Korea, it will also collaborate with StoreDOt on batteries for the Polestar 5 and set up a Virtual Power Plan to develop a business case for V2G technology. Read more…
China EV battery installations in Oct: CATL’s share rises to 42.18%, BYD drops to 26.23%
CATL’s share of the Chinese EV battery market increased by 3.4 percentage points in October compared to September, while BYD’s share decreased by 0.77 percentage points. Read more…
SAIC-GM to plug into Tesla’s charging network in China by year-end
SAIC-GM has become the first automaker in China to plug into Tesla’s charging network, with Cadillac and Buick-branded models based on the Ultium platform getting access to some Tesla chargers. Read more…
Rad Power Bikes is shutting down its New York store in latest belt-tightening
Rad Power Bikes, a leading US-based electric bicycle retailer, has just announced that it is closing its New York City retail store. More…
Volkswagen ID.4 GTX range test
The Volkswagen ID.4 GTX is the latest car weâve got for review and we are currently busy putting it through its paces. And while the full set of trials will take a while longer to complete we are now done with the range test, so we figured we might share the findings of that one with you. The ID.4 GTX version comes with a 82 kWh battery of which 77 kWh are available to use. Thatâs among the highest capacities in the price range and its WLTP rating of about 515km sounds very promising. In fact thatâs after the range penalty that comes with the dual motor AWD drive of the 250kW GTX model… More…
Top NEV sellers in China in Oct: BYD No. 1 with 33.7% share, Tesla No. 8 with 3.7% share
In the January-October period, BYD was No. 1 with a 36 percent share, Tesla was No. 2 with 7.8 percent and Nio was No. 9 with 2.1 percent. Read more…
BYD Yangwang U8’s 1st production cars roll off line, deliveries to start soon
On October 20, a local media outlet reported that orders for the Yangwang U8, which was officially launched on September 20, exceeded 30,000 units. Read more…
Quick Charge Podcast: November 9, 2023
Listen to a recap of the top stories of the day from Electrek. Quick Charge is available now on Apple Podcasts, Spotify, TuneIn and our RSS feed for Overcast and other podcast players. More…
China’s Oct NEV sales up 5.75% MoM to record 956,000, CAAM data show
Excluding exports, China’s NEV sales in October were a record 832,000 units, up 2.9 percent from September. Read more…
CATL is still the king of EV batteries as sales grow by 54%
In the first half of the year, CATL was still the reigning king in terms of EV battery market share. The global EV battery capacity sold in the first six months of 2023 grew 54% compared to the same period last year, reaching over 300GWh, according to Counterpoint Research. During the same period, global EV sales also experienced a 43% year-on-year growth. The leading regions in EV battery installations were China, the US, and Europe, unsurprisingly. CATL’s share of the market was 34%, followed by BYD at 16%, LG at 14%, Panasonic at 8%, SK Innovation and Samsung SDI at 5% each…. More…
Polestar to demonstrate StoreDot’s extreme fast charging battery technology in a prototype EV
Battery innovator StoreDot is collaborating with Polestar on an engineering project to demonstrate how StoreDot’s XFC battery cell technology can be applied to an existing platform, and show what a production-level solution could look like. Following Polestar’s investment in StoreDot, the two companies are working to demonstrate StoreDot’s production-ready XFC technology at full scale in… Read more…
Zeekr formally files for listing in New York under ticker symbol ZK
Zeekr lost RMB 3.87 billion in the first half of this year, up 25.24 percent year-on-year. Its gross margin in the first half of the year was 10.5 percent, up from 9.7 percent in the same period last year. Read more…
Huawei, Chery’s joint EV brand Luxeed unveils 1st model, goes on pre-sale with $35,420 starting price
The Luxeed S7, the first sedan jointly created by Huawei and a carmaker, will be officially launched on November 28. Read more…
Rad Power early Black Friday e-bike sale from $1,299, Jackery power station deals, more
Rad Power is launching its early Black Friday sale today, discounting its entire lineup of e-bikes in the process. We’re looking at some of the best discounts of the year, with everything starting from $1,299. The savings continue over to some ongoing Jackery deals, as well as a chance to prep for winter snow storms with this Greenworks 80V electric snow shovel dropping down to $367.. More…
New Jersey is going to get a nearly $1B power grid upgrade
Jersey Central Power and Light (JCP&L), which serves over 1 million customers in central and northern New Jersey, is going to make its largest power grid upgrade in company history. More…
Nio still ‘debating’ North America entry by 2025, exec says
Nio is considering “any kind of partnerships” in North America, the company’s US CEO Ganesh Iyer said. Read more…
Volkswagen’s German EV production halted amid motor shortage
Volkswagen has hit yet another bump on its electric vehicle journey. The company has announced a temporary halt in EV production at its Zwickau plant in Germany, attributing it to a shortage of electric motors. This news comes on the heels of a similar production halt at Volkswagen’s Dresden site last month, highlighting the challenges the auto giant faces in its transition to electric mobility. The Zwickau plant, Volkswagen’s largest EV production site in Europe, plays a pivotal role in the company’s ambitious electric plans. In 2018, Volkswagen invested nearly â¬1.21 billion to transform… More…
Virtual Power Plants, Autonomous ‘Chauffeur’ Driving, Korean EVs: All The Polestar Day News
Polestar has big plans from autonomy to charging to new models and much, much more. Let’s dig in. More…
Tesla Model S Has Highest 5-Year Depreciation Among Electric Cars
Meanwhile, the Tesla Model 3 has the lowest 5-year depreciation for EVs. More…
Ford’s new electric crossover with VW caught testing for the first time
Based on Volkswagen’s MEB platform, Ford’s new electric crossover was spotted testing for the first time. The Ford Capri will be revived as the second EV born from the partnership. More…