The vehicles’ successors will also launch as electric SUVs in 2024, the Stellantis brand now officially confirms. However, it is unclear which platform the new Crossland will use – and where it will roll off the production line. Read more…
GM and Stellantis invest in Niron Magnetics
General Motors and Stellantis are investing in the US start-up Niron Magnetics to support the development of permanent magnets without rare earths. Both car manufacturers have participated in a 33 million-dollar financing round. Read more…
New competition for German OEMs: Taking the BYD Seal for a short spin
The Chinese carmaker BYD is launching a new model in Germany. As part of the dealer roadshow for the market launch, we were able to test the Seal for a few hours in and around Munich. The saloon proved to be a good vehicle with a lot of high-quality equipment – and one major shortcoming.
Polestar’s Q3 report shows sharp increase in sales, but mounting losses
Polestar’s Q3 report reveals the company is both accelerating and hitting speed bumps. The company’s third quarter of 2023 tells a story of growth, challenge, and strategic reorientation. Polestarâs revenue soared to â¬571 million, a robust 41% year-on-year increase. This growth is primarily fueled by the price hikes for the 2023 and 2024 model years, alongside an expansion in vehicle sales across various markets. The delivery of 13,976 cars is a 51% yearly increase and it underscores Polestar’s growing appeal in the electric vehicle market. Polestar 3 Despite the revenue uptick,… More…
Polestar cuts margin target and delivery forecast
The EV maker has lowered its delivery target for 2023 to the lower end of its previous forecast of 60,000 to 70,000 electric cars and halved its gross margin target from 4 to 2 per cent. However, there are also positive developments. Read more…
VW interrupts MEB production in Zwickau again
According to a media report, production at the Volkswagen electric car plant in Zwickau has once again come to a halt. This time, however, it is not due to a lack of demand, but because a critical component is missing – the electric motor. Read more…
A truckload of wrapped Tesla vehicles spotted
A truckload carrying what appears to be brand-new wrapped Tesla vehicles was spotted not long after the automaker announced a new program for in-house wraps. More…
Volvo inks deal for enormous, Tesla-style giga press for its next-gen EVs
Following in Telsa’s footsteps, Volvo has just signed a contract with Italian giga press maker IDRA to install two of its largest presses at a new site in Slovakia. The giga presses – what will likely be a reconfigured version of the same Giga Press 9,000 that is making Telsa’s Cybertruck – are the world’s largest, the size of a small house and producing a clamping force of more than 9,000 tons. More…
Li Auto posts higher-than-expected Q3 revenue
This article is being updated, please refresh later for more content. Read more…
Renault completes spin-off of its EV division Ampere
Renault has officially founded its EV division Ampere. The new unit, headed by Luca de Meo, is launching with the promise “to democratise EVs in Europe.” The brand’s logo has now also been revealed. Read more…
BYD expands promotion to cover more models
BYD is aiming to sell at least 3 million NEVs in 2023, with nearly 2.4 million sold this year through the end of October. Read more…
Autocraft takes us through its battery repair process
Autocraft EV Solutions now offers its highly automated and guided Revive battery repair and remanufacture system in service in both static and mobile versions (writes Peter Donaldson). We recently took the chance to discuss the system with Dr Sara Ridley, engineering & quality director of Autocraft Solutions Group, who has seen it through its development and early deployment.
Dr Ridley explained what happens when a dealer needs a replacement for a battery in a customer’s car. “They log on to their web portal, which patches them through to ours. They tell us which battery they have a problem with, and we dispatch a replacement with all the packaging and paperwork they need,” she says. More…
Nio rumored to be integrating sub-brand Alps into main brand’s team
Alps is rumored to no longer be a standalone program, with the team’s personnel assigned to various Nio divisions and some positions cut. Read more…
Tesla says price hike in China due to rising costs
Prices are going up because of rising costs, and if costs go down, prices could go down, a Tesla staff said. Read more…
Polestar cuts 2023 delivery target but expects new EV launches to drive demand
Swedish EV maker Polestar (PSNY) said it expects to hit the lower end of its 2023 delivery target on Wednesday. Despite the lower expectations, Polestar says new EV launches will drive up demand. Its first electric SUV coupe, the Polestar 4, begins production next week.. More…
Quick Charge Podcast: November 8, 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…
Rivian to market its electric commercial vans to customers beyond Amazon
Back in 2019, EV startup Rivian scored a great coup—an order for 100,000 electric delivery vans from Amazon. The fat order from the delivery giant gave Rivian what every young company dreams of: a solid source of income that gave it the resources to pursue its true passion (which, for Rivian, means pickups and SUVs… Read more…
Battery makers seem to be okay with an EV production slowdown
The news that GM, Ford and other automakers plan to slow down production of EVs in response to slower sales growth (EV sales grew by only 50 percent last quarter) was like an early Christmas for the various varieties of EV-haters. For most of us in the EV industry, it was more like a visit… Read more…
Chrysler CEO confirms EV crossover coming in 2025, based on Airflow concept
Chrysler’s next new model will be an EV crossover launching in 2025, which will be based on the Chrysler Airflow concept presented in 2022 and seen in the image below. The new crossover will use the STLA Large architecture, shared with other models from Stellantis (which owns Chrysler). Chrysler Airflow concept The news comes straight from Chrysler CEO Christine Feuell. This will be a two-row crossover, and the brand is also considering, at some later point, the introduction of an all-new EV sedan to its lineup, to replace the long-running Chrysler 300, which is currently being… More…
Tesla raises prices of Model 3 and Model Y’s long-range versions slightly in China
The price of the Model 3 Long Range has been raised by RMB 1,500 in China, while the Model Y Long Range has gone up by RMB 2,500. Read more…
