Seventy-five percent of the raised funds, or RMB 1.95 billion, will be allocated to developing new EV models and upgrading existing ones.
Leapmotor introduced four Chinese state-owned enterprise shareholders through this share offering.
VW pauses ID.4 production in the US
VW will temporarily halt production of the ID.4 in Chattanooga from the end of October and temporarily send home 160 employees due to slumping sales figures for the electric SUV. How long the production pause will last is likely to depend on the market. Read more…
BYD Sealion 06 SUV sells 35,483 units in 39 days since launch
The Sealion 06 sold 35,483 units within 39 days of its launch, including 30,483 units in August.
The Sealion family sold 53,279 units in August, becoming BYD’s third-highest-selling lineup for the first time.
Eve Energy starts production of all-solid-state batteries for humanoid robots and flying cars
The all-solid-state battery cell achieves an energy density of up to 300 Wh/kg or 700 Wh/L.
Eve Energy is constructing a solid-state battery production base in Chengdu, targeting an annual capacity of 100 MWh by December 2026.
Kempower approves Formula Space’s forensic anti-theft solution for use with its EV charging cables
Kempower, a Finnish manufacturer of DC fast charging systems, has approved Formula Space’s CableGuard anti-theft solution for use with its EV charging stations after conducting eight weeks of in-house testing. According to Kempower, it is the first to validate a third-party solution that uses DNA traceability to deter cable theft. CableGuard includes a cut-resistant sleeve… Read more…
BYD Fang Cheng Bao to launch Tai 7 SUV on Sept 9
The Tai 7 is expected to be priced between RMB 250,000 ($34,990) and RMB 300,000, overlapping with the Bao 5.
The Tai 7 is the second model in the Tai series following the Tai 3 electric SUV.
International Graphite to build graphite plant in Germany
Australian mining firm International Graphite has partnered with Arctic Graphite, a subsidiary of Norwegian construction giant Leonhard Nilsen & Sonner (LNS), and Graphite Investment Partners (GIP) to establish a new expandable graphite production facility in Germany. The new plant is scheduled to start operations in 2027, and is expected to produce around 3,000 tons annually…. Read more…
Hyundai shows first glimpse at Concept THREE ahead of full unveiling next week
Hyundai is working on the smallest member of its Ioniq range yet, and today it has published the first teaser image of the concept car. It’s basically a sketch and nothing more, but the concept car will make its debut at the Munich auto show between September 9 and September 14, so we’ll know more very soon. This will be… Read more…
Global EV battery market share in Jan-Jul 2025: CATL 37.5%, BYD 17.8%
CATL and BYD collectively installed 326.4 GWh of EV batteries in January-July 2025, accounting for 55.3 percent of the global total.
Six of the world’s top ten EV battery manufacturers are Chinese companies.
Kia’s new EVs and bold vehicle designs are proving to be a hit
The Kia vehicles we see on the road today are a drastic upgrade from its older models. After a major rebrand, including a new logo, name, and a bunch of sleek EVs, Kia is winning over buyers. Read more…
Tesla sales surged in Turkey over a loophole that has been patched
Tesla’s sales have surged to unprecedented levels in Turkey, where the American automaker delivered nearly as many vehicles last month as it did across the entire European market. Read more…
GM warns ‘irrational discounts’ on EVs are ending
GM sold over 21,000 electric vehicles in the US last month, its best yet. Despite the surge in August sales, GM warned that with the “irrational discounts” on EVs set to end soon, the market is due for a shake-up. Read more…
General Motors Knows Its EV Party Won’t Last
GM set yet another EV sales record last month. But even its executives admit that things are about to get harder. Lire la suite…
Smart Is Bringing Back Its Tiny City Car As An EV
The once minicar-only brand returns to its roots with the announcement of a two-seat city car. Lire la suite…
US General Services Administration renews Beam Global’s contract to provide portable EV chargers to government agencies
EV is good. EV is bad. Maybe EV is OK. The current US administration can’t seem to make up its mind. In February, the General Services Administration (GSA), the agency that manages buildings owned by the federal government, was reportedly instructed to start shutting down all of its EV chargers (around 8,000 plugs). In April,… Read more…
US General Services Administration renews Beam Global’s contract to provide portable EV chargers to government agencies
EV is good. EV is bad. Maybe EV is OK. The current US administration can’t seem to make up its mind. In February, the General Services Administration (GSA), the agency that manages buildings owned by the federal government, was reportedly instructed to start shutting down all of its EV chargers (around 8,000 plugs). In April,… Read more…
Audi reveals the Concept C as a preview of a simpler future for its electric cars
Audi is clearing the clutter. In what can only be called a major shift for the German automaker, the company unveiled its new design direction in Milan – a philosophy it calls “radical simplicity.” The first physical example of this new thinking is the Audi Concept C, an all-electric, two-seat sports car that does away with complicated lines and busy… Read more…
Audi reveals the Concept C as a preview of a simpler future for its electric cars
Audi is clearing the clutter. In what can only be called a major shift for the German automaker, the company unveiled its new design direction in Milan – a philosophy it calls “radical simplicity.” The first physical example of this new thinking is the Audi Concept C, an all-electric, two-seat sports car that does away with complicated lines and busy… Read more…
Slate Says Some People Will Still Get Its Truck For Under $20,000. Here’s How
Slate may no longer benefit from the $7,500 federal tax credit, but there’s still a way to get one for far less than sticker price. Lire la suite…
Audi Concept C Unveiled: Forget The New Tesla Roadster
Believed to preview an Audi counterpart to Porsche’s electric 718 Boxster and Cayman, this concept shows that Audi design is back, baby. Lire la suite…
