Nio reported third-quarter results that were results largely as previewed and gave a better-than-feared outlook for the fourth quarter, said Edison Yu’s team. Read more…
New white paper examines how auto dealers are preparing to service EVs
There’s no question that the transition to EVs will result in big changes to the auto dealership industry. We often hear that auto dealers are afraid that EVs’ lower maintenance requirements will deprive them of a major source of income. That remains to be seen, but it’s worth asking how dealerships that are currently selling… Read more…
Luxor Capital acquires insolvent truck manufacturer Volta Trucks
Luxor Capital has acquired the UK business and assets of Volta Trucks. To this end, the hedge fund has founded a separate sub-company, “Volta Commercial Vehicles Limited”. The purchase price has not been disclosed. Read more…
EV Electra considers manufacturing electric cars in Trollhättan
There is renewed hope that electric cars will be produced at the former Saab factory in Trollhättan in the future. The electric vehicle manufacturer EV Electra has bought the rights to the Emily GT project from NEVS – and could produce the sporty electric saloon in Trollhättan. Read more…
Do You Suffer From “EV App Fatigue”?
The FLO app supports Apple CarPlay and Android Auto, which makes finding your next charging station easier and safer. Read more…
Nio Q3 earnings call: Live updates
Nio Day 2023 will be held on December 23 in Xi’an, Shaanxi province, Northwest China, where Nio will unveil a new flagship model. Read more…
Rolls-Royce aims to sell off electric aircraft business
Rolls-Royce wants to divest its business with electric engines for aircraft in order to raise up to 1.5 billion pounds from selling non-core assets. CEO Tufan Erginbilgic sees Sustainable Aviation Fuels (SAF) as the only means for large aircraft to achieve climate targets in the foreseeable future. Read more…
VW ID.3 and Cupra Born production stops at Zwickau as demand wanes
Volkswagen is grappling with significant challenges and has halted production of electric vehicles in its Zwickau plant due to concerns over demand. The company’s decision to halt production of the Volkswagen ID.3 and Cupra Born hatchback is sending shockwaves through the automotive industry. The Zwickau factory, a flagship for Volkswagen’s EV production, has been a focal point for the industry’s… Read more…
China grants Nio independent OEM status
Nio has received certification from the Chinese government as an independent vehicle manufacturer. Until now, the partner JAC produced Nio’s electric cars as a contract manufacturer. The new status paves the way for Nio to fully acquire the two factories built jointly with JAC. Read more…
Toyota launches electric van based on the Ducato
Toyota is entering the large van segment with the new Proace Max, which is also available as a BEV. With the new Proace Max, Toyota is deepening its cooperation with Stellantis. The smaller LCVs from Toyota based on Stellantis have also received an update. Read more…
Nio posts Q3 revenue of $2.6 billion, up 117.36% from Q2
This article is being updated, please refresh later for more content. Read more…
BREAKING: Nio buys 2 asset packages sold by JAC for $442 million
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Huawei-backed Luxeed to launch 2nd model in H2 2024 to take on Tesla Model Y, report says
Luxeed launched its first model, the Luxeed S7, on November 28 as a direct competitor to the Tesla Model 3. Read more…
EPA documents reveal Cybertruck battery, heat pump, and charging indicator details
In a recent release by the Environmental Protection Agency (EPA), the official specifications of the Tesla Cybertruck have been unveiled, shedding light on some intriguing details of the most talked about EV at the moment. While none of these revelations can be considered groundbreaking, they do offer valuable insights for EV enthusiasts. Cybertruck with optional range-extender battery pack The Certification… Read more…
China EV insurance registrations for week ending Dec 3: Nio 3,700, Xpeng 4,800, Li Auto 9,600, Tesla 17,600
For the week of November 27 to December 3, BYD’s vehicle insurance registrations in China were 56,200 units. Read more…
Suncar ZE150W excavator
This excavator’s developer has taken electrification to a new level, as Peter Donaldson explains
Environmental legislation is providing the pressure for the development of electrified construction machinery such as the new Suncar/Hitachi ZE150W excavator. This 15 t-class vehicle pushes electrification a little further than most conversions, making use of some high-powered electro-hydraulic (EH) linear and electric rotary drives where many are more conservative and stick with the original hydraulics. Read more…
2024 Fiat 500e: 149-mile electric mini returns to US cities at $34,095
Fiat has revealed that for the U.S., the 2024 500e will start at $34,095, including the mandatory $1,595 destination fee, and it will arrive to U.S. dealerships—and focused on urban areas—starting in the first quarter of 2024. In U.S. spec, the 500e delivers 118 hp and 162 lb-ft of torque from its single permanent-magnet motor, and it… Read more…
Fiat Pandina EV to start from €20,000 in Europe
The Pandina is an upcoming version of the currently existing Panda that will be offered in two options – hybrid and fully electric. The Pandina is going to be produced on three continents, but it will be sold worldwide with specific customization options depending on the market. The most enticing aspect of this car, however, is the price. The BEV… Read more…
The 2024 Fiat 500e Is A $32,500 Answer To Big, Expensive EVs
Fiat’s iconic city car returns to the U.S. with 149 miles of range and a price that’s tough to beat. Read more…
Westminster City Council powers fleet of 45 electric refuse trucks with waste
In a recent interview, a Mack Trucks exec gave Charged several reasons that garbage trucks represent an ideal use case for EVs, and here’s one more: refuse trucks can be powered by electricity generated by the waste they collect. That’s just what’s going on at the Landmann Way depot in London, where an adjacent waste… Read more…
