The Vietnamese electric car manufacturer VinFast is joining forces with the Japanese trading and investment group Marubeni to realise the connected use of its electric car batteries in stationary energy storage systems. The aim is to establish a circular economy. Read more…
Geely launches first Galaxy BEV
Geely’s latest electric car brand, Galaxy, has started pre-sales of the first model in China. The purely electric Galaxy E8 is a 5-metre, coupé-style saloon with prices starting from 188,000 yuan, that is below 25,000 euros. Read more…
Report: Canada set to reveal EV mandate for 2035
On Tuesday, Canada is set to unveil the framework for an EV mandate for 2035, local media outlets are reporting. The mandate, known as the Electric Vehicle Availability Standard, will gradually step up the amount of “zero-emission vehicles” until they account for 100% of new-car sales in Canada, the Toronto Star reported Sunday. It reportedly… Read more…
2024 Chevrolet Blazer EV is eligible for $1,000 Costco discount
Costco members can get up to $1,000 off the purchase or lease of a 2024 Chevrolet Blazer EV through Jan. 2. According to CarsDirect, the Blazer EV was added to General Motors’ year-end Costco rebate promotion last Friday. The program runs nationwide, but only for shoppers who have been Costco members since Oct. 31 of this year. The Blazer EV isn’t… Read more…
Unno Has A New Electric Enduro MTB Called The IKKI
The Unno IKKI is built around a carbon frame and is powered by the compact TQ HPR50. Read more…
Acura opens US order books for the Acura ZDX
Acura has opened its reservation books for its first all-electric model, the Acura ZDX in the USA. The 2024 ZDX A-Spec is expected to start in the $60,000 range with a single-motor (rear-wheel-drive) powertrain, Read more…
Gogoro and Uber Eats team up in Taiwan
Gogoro and Uber Eats Taiwan announced a scheme to help delivery drivers switch to electric scooters. The two-year deal is worth nearly 30 million dollars and funded by both partners. Read more…
2024 Mercedes-Benz EQS Will Have More EPA Range
The regular EQS gets a few miles more, but the top-of-the-line AMG EQS will go a full 10% more at up to 305 miles. Read more…
Xiaomi fires 3 auto business employees for unauthorized meetings with investment institutions
They spread a large amount of false and inaccurate information, which seriously misled the market and disrupted the normal operation of Xiaomi’s automotive business, Xiaomi said. Read more…
France enables EV access for low-income drivers with €40/month electric car lease
In a move to make electric vehicles accessible to all, France introduces a “social leasing” program, offering low-income drivers the chance to lease electric cars for as low as €40 per month. President Emmanuel Macron’s initiative aims to democratize EV access, making it an affordable reality for those with limited financial means. Amidst the drive towards sustainability, this innovative program… Read more…
Be.EV chargers are coming to Decathlon sports stores in the UK
Be.EV has partnered with Decathlon to provide the sporting goods chain with ultra-rapid charging at stores across the UK. The deal is Decathlon’s first partnership with a public charging network. Sites are already in the pipeline. Read more…
Tesla and Mercedes-Benz to compensate for loss of German EV subsidies
The German government announced that it will abruptly end its subsidy program for electric vehicles on December 31, which has dealt a blow to automakers in one of its biggest European markets. But Tesla and Mercedes-Benz say that they will compensate for it, covering the full price of the subsidy for German buyers, with other automakers joining in. Read more…
Volkswagen to bring back buttons after complaints about its touchscreen
In a strange reversal of plan, it looks like Volkswagen is revising its interior design. After a slew of complaints about its touchscreen-heavy interiors, the German brand is bringing back more good, old-fashioned physical buttons, according to Autocar. Read more…
Group14 and SK Materials produce silicon-based anode material
Asia’s first large-scale production facility for silicon-based anode material for electric vehicle batteries will start commercial operation in South Korea early next year. The silicon-carbon anode material SCC55 will be produced by Group14. Read more…
USSM secures fresh capital for recycling plant in the USA
Appian Capital Advisory has committed USD 230 million to battery materials producer US Strategic Metals (USSM) for the completion of its cobalt and nickel mine and a hydrometallurgical battery materials recycling plant in the US state of Missouri. The latter is scheduled to go into operation at the end of next year. Read more…
TPS to deliver Volkswagen components in Volkswagen EVs
TPS, the parts business of Volkswagen Group UK, is bringing electric vehicles into its delivery fleet. The company opted for the Cupra Born and Volkswagen ID. Buzz and is rolling out the new EVs to service centres across the UK and Northern Ireland. Read more…
EU lawmakers take watered-down Euro 7 deal one step further
The EU Parliament and Council have agreed on a new Euro 7 emissions standard, provisionally, before the final approval. So far, the new rules remain watered-down to the point that NGOs consider it a greenwashing measure. Read more…
Fast-charging stations for Croatia
GreenWay, a CPO headquartered in Poland, plans to install 300 high-power charging stations in Croatia over the next three to five years. Read more…
Alibaba’s planned stake sale should have transient impact on Xpeng shares, says Morgan Stanley
The direct impact of Alibaba’s share sale on Xpeng shares should be transient and manageable, Morgan Stanley said. Read more…
Nio receives major investment from CYVN Holdings
The Chinese electric car manufacturer Nio has secured additional capital totalling 2.2 billion US dollars. The money comes from the investment holding company CYVN from Abu Dhabi, making it the largest single shareholder in the electric car manufacturer. Read more…
