Nio has presented its balance sheet for the first quarter of 2023. The Chinese electric car manufacturer delivered 31,041 vehicles between January and March and also announced that it would reduce the base prices for all its models in China. Possibly in view of the currently strongly weakening sales. First the business figures: The 31,041 […] More…
Kore Power scores financial support from Washington
The US battery developer Kore Power has received a conditional commitment for a loan of 850 million US dollars from the US Department of Energy. The loan is intended to support the domestic production of battery cells for electric vehicles. The loan called a Conditional Commitment, is still subject to conditions imposed by the authority, […] More…
BYD & Huaihai planning Na-ion battery factory in China
BYD is going to set up a production facility for sodium-ion batteries in China. In cooperation with the Huaihai Holding Group, BYD wants to become the world’s largest supplier of sodium battery systems for small electric vehicles. BYD’s battery subsidiary FinDreams has signed a strategic cooperation agreement with the Chinese conglomerate Huaihai Holding Group. Among […] More…
Lucid Motors to launch in China with Zhu Jiang
Lucid Motors is making moves to enter the Chinese market. The US electric car manufacturer has hired Zhu Jiang to head its business in China. Zhu Jiang previously worked for Nio, Ford and Jidu Motor, the electric car division of Baidu. According to Reuters reports, citing an insider, Lucid initially wants to sell imported cars […] More…
Fisker is bringing the Ocean to China
Fisker has presented its plans for the Chinese market. A delivery centre is to be opened this year and deliveries of the Fisker Ocean are to begin in China in the first quarter of 2024. Fisker also announced plans to manufacture the electric SUV locally in 2024. Fisker mentions a potential capacity of 75,000 units […] More…
Fisker To Open Delivery Center In China This Year, Start Deliveries In Q1 2024
The California-based EV maker recently opened an office there. More…
GM CEO Hints At Chevrolet Bolt’s Return As Ultium-Based, Sub-$30,000 EV
Mary Barra says she “absolutely loves” the current-gen Bolt EUV. More…
Tesla Model S Number One In This Real-World Range Test
The Long Range Model S bettered plenty of rivals in a recent Norwegian range test. More…
China: Plug-In Car Sales In April 2023 Exceeded 500,000
The market share of rechargeable cars reached 35 percent and counting. More…
France: Plug-In Car Sales In May 2023 Exceeded 35,000 And 24% Share
The Tesla Model Y was the best selling plug-in model (13th overall). More…
Tesla unveils new Giga Laboratory concept
Tesla has unveiled a new retail concept called ‘Giga Laboratory’, which appears to be a showcase of its manufacturing capacity. More…
Tesla Could Make Up To $3 Billion From Opening Up Supercharger Network
And that’s just by 2030, with revenue potentially reaching $5.4 billion by 2032. More…
China: Tesla Increased Both Retail Sales And Exports In May 2023
The Model Y continues to significantly outsell the Model 3. More…
Tesla NACS Charging: Who Will Be Next And Why?
A red alert pulsates in the headquarters of carmakers as the avalanche is coming. More…
US: CCS-Compatible Tesla Superchargers To Be Eligible For Public Funds
The company is expected to get access to billions of dollars to expand the EV charging infrastructure. More…
Tesla Model Y At 50K Miles: Owner Explains Why It’s The Best-Selling Car
The Tesla Model Y was the world’s best-selling car in the first quarter of 2023. More…
Check out the arrival of Rivian’s onsite wind turbine [video]
In June 2022, Rivian announced it would install a 2.8 megawatt wind turbine at its Normal, Illinois, factory – and the turbine’s final components have now arrived. More…
Quick Charge Podcast: June 10, 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…
Europe: Plug-In Car Sales In April 2023 Amounted To Almost 200,000
More than one in five new cars is rechargeable. More…
Tesla’s Charging Connector May Become The New Standard After All
With Ford, GM, and Tesla all using it as standard, and some fast-charging stations already planning to add it, it just makes sense. More…
