Last October during its EV Day in Korea, Kia unveiled the EV3 and EV4 concepts, which were both supposed to become production models this year – the EV3 in the first half, the EV4 towards the end. While nothing seems to have changed regarding the launch of the EV3, the EV4 has been delayed until early next year, according to… Read more…
Analysts explain why BYD’s average profit per car fell in Q4
BYD’s average profit per vehicle fell by about RMB 1,400 in the fourth quarter from the third quarter, mainly due to promotions through discounts and incentives offered to dealers, a team of analysts said. Read more…
BYD enters Rwanda with launch of Atto 3
BYD entered into a partnership with Rwandan distributor CFAO Mobility in 2023, and the local launch of the Atto 3 marks its official entry into the East African market. Read more…
Quick EV acceleration is a safety feature, says Stellantis CEO
Quick acceleration is often used as a selling point for high-performance cars, but can it actually be safer? The instant acceleration of an EV not only offers a more nimble driving experience but it should be a safety feature argues Stellantis CEO Carlos Tavares. Read more…
This Texas EV lease company includes unlimited free home charging
Octopus Electric Vehicles just launched DriveFree, a used EV leasing program, and it comes with unlimited free home charging. Read more…
Renault scraps Ampere IPO
Renault Group, a prominent player in the automotive industry, has decided to pull the plug on its much-anticipated IPO for the Ampere electric vehicle unit. The reason cited is that “current market conditions are not met” for a successful public listing. CEO Luca de Meo, in a news release, made it clear that this decision won’t hamper Renault’s electric vehicle… Read more…
CarMax Will Buy Your $100,000 Tesla Cybertruck For $76,000
It’s much less than the potential seller expected. Read more…
Battery cell qualification for EVs: Lucid’s cell specialist discusses the complicated process
Q&A with Lucid’s Battery Cell Technical Specialist Maithri Venkat. When it comes to battery cells for EVs, one size definitely doesn’t fit all. The properties of a particular cell act as constraining factors for every aspect of a vehicle’s design—and not only for vehicle performance parameters such as range and power, but for the development… Read more…
Black Box becomes compulsory for all new cars in Europe from July
The European Union is set to implement a new requirement starting in July 2024. All newly registered М1 passenger cars in the EU will be required to be equipped with Event Data Recorders – EDRs. The EDR, often referred to as “black box” in airplanes, will store critical vehicle data. In the unfortunate event of an accident, experts can use… Read more…
Liebherr launches first-ever electric compact wheel loader
German-Swiss multinational equipment manufacturer Liebherr has has announced that deliveries of its first-ever electric compact wheel loader, the L 507 E, are about to begin. Read more…
BYD expects at least $4 billion in net income from surging EV sales
After a record EV sales year, BYD expects to rake in at least $4 billion in net income. BYD forecasts its profits rising at least 75% last year.. Read more…
Tesla (TSLA) plans to spend $10 billion this year to achieve next growth phase
Tesla (TSLA) confirmed that it is increasing its planned capital spending to $10 billion this year as it tries to achieve its next growth phase. Read more…
Here Are The Issues Consumer Reports Had With Its Chevy Blazer EV
GM’s roll-out of Ultium has been rocky at best, and the Blazer is making a great argument for good software engineering. Read more…
You Can Now Buy Used Mustang Mach-Es For Well Under $30,000
Ford’s first electric crossover is now available for nearly half of its original MSRP used. But should you buy one? Read more…
Porsche’s New EV Macan Offers Fake Vroom Vroom Sounds For $490
What would you pay to make your EV louder? Read more…
Can EV Tires Alone Bring An Old PHEV Up To Speed?
The C-Max Energi is the modern Escape PHEV’s ancestor, but can a set of tires keep it relevant compared to its more advanced relative? Read more…
Merchants Fleet adds Chevrolet Silverado electric pickup trucks to fleet lineup
US fleet management company Merchants Fleet has expanded its lease and rental fleet with the addition of 250 new 2024 Chevrolet Silverado EV work trucks. The trucks have an EPA-estimated range of up to 450 miles, a towing capability of up to 10,000 pounds, and a payload of more than 1,400 pounds. Merchants offers the… Read more…
Blue Bird receives record order for 180 electric school buses
US bus maker Blue Bird has received an order from the Los Angeles Unified School District (LAUSD) for 150 of its All American and 30 of its Vision electric school buses. Delivery is anticipated between October 2024 and early 2025. The order was placed through the district’s local Blue Bird dealer, A-Z Bus Sales. LAUSD… Read more…
Spy shots: Hyundai is bringing the Casper EV to Europe this year to take on the Dacia Spring
Towards the end of this year, Hyundai will launch the Casper Electric in Europe. The Casper is a small city car that’s already on sale in the company’s home market of Korea, but Hyundai is currently developing the Casper Electric, and only this EV version will make the trip to Europe. The news comes from Hyundai France boss Lionel French… Read more…
Renault cancels Ampere IPO but still launching 7 new models
French automaker Renault just canceled its planned IPO for its EV spinoff Ampere. While the IPO was scheduled for the first part of this year with an expected valuation of up to €10 billion ($10.47 billion), Renault says that market conditions aren’t optimal to make the move. Read more…
