Stellantis has given the works council at its Spanish plant in Vigo the go-ahead to produce small electric cars based on the STLA Small platform there. The move comes as no surprise – the (expected) confirmation for the second Spanish plant in Zaragoza is still pending. Read more…
Volta Trucks closes in on potential investor
The insolvent Swedish electric truck startup Volta Trucks is reportedly on the verge of being rescued. The Luxor Capital Group, which is both a shareholder and lender to Volta, is in advanced talks with the insolvency administrators of Volta Trucks about a purchase of the company. Read more…
VW platform for China to be MEB-based
Volkswagen has confirmed the previously leaked plan to develop a platform for affordable electric cars in China and provided some further details. The new platform will be derived from the Group’s modular electric drive matrix (MEB). And at a considerable pace, for VW. Read more…
Huawei-backed Aito says new M7 gets over 100,000 firm orders in less than 3 months from launch
The production capacity target for the new Aito M7 has been raised to an average of 700 units per day, with a maximum annual capacity of 200,000 units, according to local media. Read more…
Tesla’s €2 billion investment in India depends on tax cuts
Tesla’s eyes are once again set on the Indian market, with a potential multi-billion-dollar investment in the offing. However, this move depends on a crucial factor: the reduction of import taxes on electric vehicles. Tesla’s Indian venture has been a recurring theme, but the road to realization seems to be paved with hurdles, particularly in the form of import duties that could make or break the deal.
According to a report by Economic Times, Tesla is contemplating a substantial investment of up to €2 billion to establish a manufacturing presence in India. This decision, though, hangs… Read more…
Changan’s NEV unit Deepal aims to sell 450,000 vehicles globally in 2024
Deepal delivered 15,513 vehicles in October, taking January-October deliveries to 102,417 vehicles. Read more…
Battery advance extends RV range
US start-up Grounded has developed a modular electric recreation vehicle (RV) with a range of 250 miles (writes Nick Flaherty).
The G2 increases the range from the 100 miles of the original version, the G1, by using a larger and more efficient battery pack. Read more…
Zeekr says its 007 sedan gets over 25,000 pre-orders in 9 days
The Zeekr 007 will be officially launched and begin deliveries in early January 2024 with a pre-sale starting price of RMB 229,900 yuan. Read more…
Lithium carbonate prices fall 50% in 6 months in China with supply-demand balance seen as still 1 year away
Lithium carbonate prices are expected to still have room to fall, with the supply-demand balance point expected to occur by the end of 2024 or 2025, an expert said. Read more…
Great Wall Motor to enter more European countries, plans to build local R&D center, report says
After Germany and the UK, Great Wall Motor plans to expand its presence in Europe to eight additional countries including Italy and Spain, according to local media. Read more…
China state paper article says it’s unwise to ‘blindly downplay’ battery swap model
As NEV ownership rises rapidly, battery swap may be the way to go when the load of residential charging struggles to meet demand, said an opinion piece in Economic Daily. Read more…
Huawei and Changan join forces in the race for automotive innovation
Chongqing Changan Automobile has embarked on a new journey towards automotive innovation, forging a partnership with tech giant Huawei that aims to revolutionize the smart driving systems and components industry. In a memorandum of understanding (MoU) signed on November 25 in Shenzhen, Guangdong province, Changan and Huawei laid the groundwork for a joint venture that has the potential to reshape the automotive landscape.
This isn’t the first time the two companies have worked together. They both are involved in the Avatr brand with two vehicles – the Avatr 11 and Avatr 12 – already making… Read more…
2024 Kia EV6: Price And EPA Range Overview
The lineup has expanded with a focus on affordability. Read more…
Mercedes teases electric G-Class
Mercedes-Benz is gearing up to revolutionize the iconic G-Class with an all-electric variant, and CEO Ola Kaellenius claims it could outshine its traditional counterpart in off-road prowess. In an outdoor video featuring the electric G-Class, Kaellenius, along with chief engineer Fabian Schossau, shed light on the vehicle’s development and unique features. Four years have passed since Mercedes-Benz’s initial announcement of an electric G-Class, and much remained shrouded in mystery – until today. Today we got a closer look at the electric G and its off-road capabilities – cue the… Read more…
Lucid’s electric pickup truck is a potential Tesla Cybertruck rival
Lucid Motors, the California-based electric vehicle manufacturer known for its stunning designs and impressive tech, might be taking on Tesla Cybertruck with a pickup truck of its own. While details are scarce, a recent sighting of a clay model has sparked speculation about Lucid’s plans for the future.
The full-size clay model, photos of which were shared on the Lucid Forum, exhibits design elements reminiscent of the company’s Air and Gravity models. The truck features minimalist headlights, a sleek front bumper, plastic body cladding, and streamlined bodywork. The rakish windscreen… Read more…
Changan, Huawei sign MoU to set up JV that aims to be world’s leading parts supplier
Huawei will set up a company engaged in the R&D and production of smart driving systems and components, in which Changan plans to acquire no more than a 40 percent stake. Read more…
Tesla’s $2 Billion Investment In India Hinges On Import Tax Cuts For EVs: Report
Tesla might build a factory in India but only if the country lowers its massive import duties. Read more…
LGES And SK On Lay Off Workers As EV Battery Market Needs A Correction
The growth of EV sales is slower than originally anticipated. Read more…
Tesla faces potential punitive damages as judge finds ‘reasonable evidence’ of Autopilot defect awareness
In a significant legal development for Tesla, a Florida judge has ruled that the electric vehicle giant may face punitive damages in a case revolving around Autopilot defects. The judge found “reasonable evidence” that Tesla, including CEO Elon Musk and other executives, were aware of Autopilot flaws while marketing their vehicles as fully autonomous. This revelation could have far-reaching consequences for the company and its stance on self-driving technology.
The case centers on the tragic death of Stephen Banner, the owner of an early Tesla Model 3, whose vehicle collided with an… Read more…
ETaker’s M2000 Power Station is lighter, quieter, and more versatile than its competitors
Renewable energy solutions specialist ETaker has introduced its new M2000 Power Station – a modular, versatile portable energy provider that uses cutting edge technology like semi-solid-state batteries and Gallium Nitride to deliver all your power needs more efficiently. For a limited time you can get the M2000 Power Station for early bird launch price of $1099 before it increases to its $2199 retail price. Head below for a closer look.. Read more…
