Nio needs to continue to improve its financial performance to support the company’s sustainable growth, and has a responsibility and obligation to put every penny of investor and shareholder money to good use, Li said. Read more…
France tightens penalty tax for polluting and heavy new vehicles
France not only has a reformed subsidy scheme for electric vehicles since the beginning of the year. A penalty tax, the so-called “malus ecologique” for polluting and heavy combustion vehicles, has also been increased to keep said vehicles off the road. Read more…
US EPA awards nearly $1 billion in clean school buses
In a new round of funding, the US government has awarded a total of almost one billion dollars to 67 applicants for the procurement of “clean” school buses and their infrastructure. Read more…
BMW increases EV sales by 75 per cent in 2023
The BMW Group sold a total of 376,183 all-electric vehicles in 2023. That is 74.4 per cent more than in 2022, with the BMW core brand achieving even stronger growth thanks to several new models, while Mini only saw a slight increase. Read more…
Hyundai is going all in on hydrogen, and relying on food waste to make that happen
Kia-owner Hyundai certainly isn’t in a big rush to go carbon neutral. It has set its target as the far-away date of 2050. But now it says it will rely heavily on hydrogen fuel cells generated from plastic, food, and organic waste to power a whole new generation of EVs, from passenger cars to heavy-duty trucks. Problem is, there is nowhere to charge them.. Read more…
Kia to launch electric vehicles on modular PBV platform from 2025
Kia presents its future “Platform Beyond Vehicle” (PBV) strategy at CES 2024. The focus is on modular electric cars and integrating software solutions, robotics and autonomous driving. The Concept PV5 presented in Las Vegas previews the first PBV series model. It will launch in 2025. Read more…
Bosch & Cariad launch automated valet charging tests
Bosch has been trialling automated parking with partners for a while now. Now the concept is to be expanded to include the automated charging of electric cars. Bosch and VW software subsidiary Cariad are now testing the system in two multi-storey car parks. Read more…
China’s NEV retail reaches record 945,000 in Dec, 7.74 million for full year 2023
For the full year 2023, China’s NEV penetration at retail was 35.7 percent, up 8.1 percentage points from 2022. Read more…
Volkswagen integrates ChatGPT into its vehicles
Volkswagen announced plans to incorporate AI-powered chatbot ChatGPT into its vehicles equipped with the IDA voice assistant. This announcement, made at CES 2024 in Las Vegas, signals Volkswagen’s commitment to enhancing the driving experience through AI technology. Scheduled for rollout in the second quarter of this year, starting in Europe, this integration will initially be available in Volkswagen’s line of… Read more…
China EV insurance registrations for week ending Jan 7: Nio 3,000, Li Auto 4,300, Tesla 3,200
Insurance registrations for major EV makers in China fell significantly last week, as the beginning of the year and the start of the month are typically low for deliveries. Read more…
Chinese LiDAR maker Hesai unveils ultra-long range ADAS LiDAR AT512
The AT512 has 512 laser channels and a maximum detection range of over 400 meters. Read more…
Kennemetal’s additively-manufactured boring tool
Kennametal has created a new machining tool leveraging its “KENionic” technology, which is aimed at tackling industry requirements on the precision production of motor and transmission housings. Read more…
Global EV battery market share in Jan-Nov: CATL 37.4%, BYD 15.7%
CATL’s share in the January-November period was higher than the 35.7 percent it achieved in the same period last year, and higher than the 36.9 percent in the January-October period. Read more…
Nio puts 10 charging stations supporting vehicle-to-grid into operation in Shanghai
The facilities allow vehicles to charge during low electricity use and discharge during peak times, helping to smooth the load on the grid and provide financial rewards for vehicle owners. Read more…
Quick Charge Podcast: January 8, 2024
Listen to a recap of the top stories of the day from Electrek. Quick Charge is available now on Apple Podcasts, Spotify, TuneIn and… Read more…
Sony used a PS5 controller to drive its AFEELA EV onto stage at CES
Sony is now on its fifth year of showing off its upcoming electric car in its CES press conferences, which we learned last year will be named AFEELA and is planned hit the market in 2026. Read more…
Pivotal begins US sales of the Helix – a light eVTOL that doesn’t require FAA pilot certification
Following the debut of the production-intent design of its Helix light eVTOL, electric aviation startup Pivotal has begun selling the personal aircraft in the US. The Helix is unique in that it does not require FAA pilot certification, opening the skies to a larger pool of potential customers… if they have the money. Read more…
Li Auto to use Nvidia’s Drive Thor autonomous driving chip in next-gen EVs
Li Auto’s local counterpart Nio has unveiled its first in-house developed autonomous driving chip, which will be used in the ET9 executive flagship sedan. Read more…
AI Assistants, In-Car Gaming And Tons Of Range: Coming To Your Next Mercedes-Benz
Mercedes has some bold, experimental ideas for how your driving experience could feel in the next few years. Will customers bite? Read more…
Mercedes’ Sound Drive Turns Your EV Into A Musical Instrument On Wheels
With will.i.am’s help, Mercedes is about to reinvent how you experience music in your car—and even let you make some. Read more…
