It’s been a tough few weeks for workers at next-gen and traditional EV battery companies, with hundreds of employees in the US and Europe losing their jobs. Call it new industry growing pains: Companies are struggling to bridge the gap between early-stage products and the high-volume production that will be needed down the line, reports The Information. Battery makers also are looking to save cash as costs surge and investors move their funding to less risky prospects. Read more…
BYD slashes prices in year-end promotion as EV race with Tesla intensifies
China’s leading EV maker, BYD, is slashing EV prices as the race with Tesla for the global title heats up into the end of the year.. Read more…
GM CEO Expects ‘Significantly Higher’ EV Production In 2024
Mary Barra said the company was “a bit disappointed” because of the manufacturing restraints in building EV battery cells. Read more…
Hyundai And Kia’s Uni Wheel Concept Ditches CV Axles To Make Room For More Batteries
More batteries means more range. But can the two automakers pull it off? Read more…
Mercedes and BMW to jointly launch a new charging network in China next year
BMW and Mercedes-Benz have reached an agreement over a 50:50 joint venture in China with that will focus on building a fast and premium charging network in the country. The first charging stations will be operational in 2024 and the entire network should be ready by 2026. Read more…
Do Rivian Owners Regret Their Purchase? This Video Tries To Come Up With An Answer
Just don’t mention the Tesla Cybertruck. Read more…
Nio And Geely Join Forces On Battery Swapping Tech
The Chinese automakers will collaborate on battery swap standards, network expansion, and future battery swappable models. Read more…
Cannondale Goes Big On Versatility With New Tesoro Neo Carbon
Cannondale puts a practical spin on its sporty road bikes with this versatile urban e-bike. Read more…
Watch The Tesla Cybertruck Debut And Delivery Livestream Here
The livestream starts at around 3 P.M. Eastern (12 P.M. Pacific). Read more…
Reliability survey: Vehicles that plug in are more trouble-prone
The reliability of electric cars and plug-in hybrids is improving, but they still remain more trouble-prone than cars without plugs, according to a new Consumer Reports survey. On average, EVs had 70% more problems than internal-combustion vehicles, the survey found. Electric cars, electric SUVs, and electric pickups are all among the… Read more…
Li Auto plans to start tapping overseas markets in 2024, with 1st stop to be Middle East, report says
Li Auto plans to initially enter Middle Eastern countries including the UAE, Saudi Arabia and possibly some North African countries, with the first model to be the flagship Li L9, according to local media. Read more…
Baidu-backed Jiyue cuts price of 1st model by $4,200 one month after launch
Jiyue has slashed the starting prices of both versions of the Jiyue 01 by RMB 30,000 and is compensating customers who have already taken delivery for the difference. Read more…
Sila prepares US plant for production of silicon anode material
The Californian battery material specialist and Mercedes-Benz partner, Sila Nanotechnologies, has begun expanding its first production facility for the automotive industry to manufacture its silicon-dominated anode material from 2025 onwards. Read more…
Mercedes and BMW to open fast-charging network in China
Mercedes-Benz and BMW are planning to set up and operate a joint fast-charging network in China. Mercedes-Benz Group China and BMW Brilliance Automotive want to establish a 50:50 joint venture for this purpose and start the rollout next year. Read more…
Small, cheap EVs expected to boost market share by 40% next year in Europe
Despite predictions of a major slump in automatic sales around the globe, the European auto industry predicts that this will spark a huge uptick in EV sales in the EU – and that’s thanks to a flood of new, cheap models hitting the market.Â. Read more…
Hyundai’s “Uni Wheel” claims to revolutionize EVs
The ubiquitous CV joint is an essential component found in virtually every car with a driven independent axle. It has been the reliable workhorse of the automotive world, efficiently transmitting power from the engine to the wheels, even when the wheels are moving up and down or turning. It’s a simple, robust, and time-tested design. But leave it to Hyundai and Kia to challenge the status quo with their unconventional creation, the Uni Wheel. Read more…
Groundbreaking ceremony for Eve Energy’s Hungarian battery factory
The Chinese battery cell manufacturer and BMW partner Eve Energy has started construction of its first European battery cell factory in Hungary. It is set to have an annual capacity of 28 gigawatt hours and will go into operation in 2026. Read more…
Kia & Hyundai presents new wheel drive system
Hyundai and Kia have presented a new wheel drive system called the Universal Wheel Drive System (Uni Wheel for short), designed for taxis, shuttle buses and other special purpose vehicles of all sizes. The Uni Wheel creates extra space in electric vehicles by moving the reduction gear to the wheel hub. Read more…
GAC Aion to build EV factory in Thailand
GAC Aion, the electric car subsidiary of the Chinese GAC Group, has announced a plant in Thailand with an annual capacity of 50,000 vehicles. The production facility in the province of Rayong will be built in two phases. Read more…
Neta’s Thailand plant with 20,000 annual capacity goes into production
Neta’s Thailand plant has begun production of the right-hand drive version of the Neta V-II and will be the main manufacturing base for Neta’s right-hand drive EVs. Read more…
