The Australian investment bank Macquarie announced plans to invest a total of 1.5 billion US dollars over a period of ten years in the development of electric vehicle fleets in India. Read more…
Autonomous driving startup Pony files with Chinese securities regulator for US listing
Pony.ai plans to issue up to 98,149,500 ordinary shares and list on the Nasdaq or New York Stock Exchange. Read more…
Elli presents kite-powered EV charging at Hannover Messe
Volkswagen Group subsidiary Elli, flying wind turbine manufacturer EnerKite and the Technical University of Braunschweig presented their research at the Hannover Messe, which opened on Monday, which could make it possible to charge electric vehicles using kites. Read more…
Smart Concept #5: Smart expands into the mid-size class
Smart will present a preview of an electric mid-size SUV at Auto China in Beijing with the Concept #5. The brand itself calls it “Smart’s most spacious and versatile vehicle to date” – the series version will debut later this year. Read more…
Smart Concept #5 Previews Brand’s First Midsize Electric SUV
The #5 is huge for a Smart and features a battery pack with over 100 kilowatt-hours of capacity. Read more…
Xiaomi promises 100,000 SU7 deliveries this year alone
Xiaomi’s debut offering – the sleek and sophisticated SU7 – is shaking up the world of electric vehicles. Not only is the SU7 garnering impressive pre-order numbers, but the company is aiming for a remarkable 100,000 deliveries in its first year of production. As of April 20, just weeks after its launch, the Xiaomi SU7 had surpassed 70,000 locked-in orders.… Read more…
Huawei-backed Aito launches updated M5 SUV with starting price of $34,470
Volume deliveries of the updated Aito M5 will begin on May 15. Customers who order the model before May 31 will receive RMB 37,000 worth of entitlements. Read more…
Bedeo presents EV retrofit package for classic cars
British electric vehicle supplier and manufacturer Bedeo has presented a retrofit package for classic cars to convert them to electric drives. The first car converted was a classic Land Rover Defender, which is now powered by wheel hub motors. Read more…
Korean researchers are fine-tuning a hybrid sodium-ion battery
Developers at the Korea Advanced Institute of Science and Technology (KAIST) have unveiled a promising new type of sodium-ion battery that charges in just a few seconds – and could be used in electric vehicles in the future. Read more…
International Energy Agency expects EV sales to remain stable in 2024
In the recently published new edition of its “Global EV Outlook”, the International Energy Agency (IEA) expects global sales of electric cars to remain strong in 2024 and reach around 17 million by the end of the year – more than one in five cars sold worldwide would therefore be electric. Read more…
Honda to build EVs and batteries in Canada
Honda Canada wants to build an electric vehicle battery plant and produce electric vehicles at its factory in Alliston, in the Canadian province of Ontario. According to local government officials, the deal could be worth double what Volkswagen announced last year. Read more…
Neta unveils new electric SUV Neta L
The Chinese EV brand Neta from Hozon Auto presented a new SUV model, the Neta L, which will initially launch as an electric car with an additional combustion engine as a range extender. Pure BEV variants of the Neta L will follow at a later date. Read more…
Global EV sales are ‘robust’ – more than 1 in 5 cars sold in 2024 will be electric
More than 1 in 5 cars sold globally this year is expected to be electric, with surging demand projected over the next decade, says a new International Energy Agency (IEA) report.. Read more…
EV charger manufacturer Tritium declares insolvency
The directors of Australian fast charger manufacturer Tritium have declared the company as well as three of its Australian subsidiaries—Tritium, Tritium Holdings and Tritium Nominee—insolvent and called in voluntary administration, according to a statement filed to the US Securities and Exchange Commission (SEC). “The Company’s other subsidiaries will continue to operate outside the voluntary administration,”… Read more…
Grandland world premiere: Opel completes its electric range
Opel has unveiled the new generation of its Grandland SUV model, which, for the first time, will also be available as an all-electric variant. The vehicle is the first Opel based on the Group’s STLA Medium platform. And with the Grandland, every Opel model is now available as an electric version. Read more…
Nio offering incentives to lure Xiaomi SU7 order holders, report says
For customers who have already ordered Xiaomi SU7, Nio’s offline stores are offering a subsidy of RMB 5,000 to entice them to switch to Nio models, according to local media. Read more…
First Student electric school buses surpass 3 million miles driven
School transportation provider First Student, headquartered in Cincinnati, Ohio, has surpassed three million miles driven by its electric school buses. The company has deployed more than 330 electric buses to North American school districts and approved 1,108 more for order. It has a goal of transitioning 30,000 diesel school buses to electric by 2035. First… Read more…
Lyten exceeds 90% yield in lithium-sulfur battery production
Lyten, a supermaterials application company, reports that its automated battery production line consistently exceeds 90% yield, confirming the viability of manufacturing its lithium-sulfur battery using a sulfur cathode and lithium metal anode. Converting lithium-ion equipment to produce lithium-sulfur batteries in Lyten’s pilot facility required six weeks. Lyten’s lithium-sulfur battery chemistry utilizes no N-methyl-2-pyrrolidone (NMP) in… Read more…
Great Wall-backed autonomous driving startup Haomo secures RMB 300 million in new funding
The new funding comes just two months after the previous one of over RMB 100 million, and is one of the few large funding rounds in China’s autonomous driving space. Read more…
Xiaomi aims to deliver 100,000 SU7 EVs this year
As of April 20, locked-in orders for the Xiaomi SU7 have exceeded 70,000 units, Xiaomi founder Lei Jun said at an investor conference. Read more…
