Xiaomi’s second EV, the YU7, has launched to a reception that can only be described as frenzied, securing an astonishing number of orders within hours and pointing to a potential shake-up for established players. Just 72 hours after its debut on June 26, Xiaomi’s 351 retail stores across China reported an estimated 280,800 to 315,900 locked-in orders for the YU7.… Read more…
VinFast opens a new EV plant in Vietnam
VinFast has inaugurated its new EV factory in Hà Tĩnh, Vietnam, just seven months after beginning its construction. The Hà Tĩnh plant is the company’s second EV manufacturing facility. Read more…
Redwood Materials moves into second-life & microgrid applications
The US battery recycler Redwood Materials has founded a new business unit called Redwood Energy to reuse batteries from electric vehicles in stationary energy storage systems. The battery recycling firm has already built what it claims is “the largest microgrid in North America” for a data centre in Abilene, Texas. Read more…
Honda backs down on planned fuel cell module production
Honda has delayed plans to begin operation of its next-generation fuel cell module production plant in Japan, revising initial capacity targets in response to changing global hydrogen market dynamics. Despite government funding commitments. Read more…
Tesla brings first V4 Superchargers in China online
Tesla has installed its first V4 Superchargers in China. They are available at seven sites across Shanghai, Zhejiang, Gansu and Chongqing and can also be used by electric cars from other brands. Read more…
This ‘Incredible’ 607-Mile EV Range Test Makes A Crucial Point About Slowing Down
At 60 mph, the Cadillac Escalade IQ was expected to manage 550 miles on a single charge. It did way more than that. Lire la suite…
US Senate wants to end EV tax credit even earlier
Republicans in the US Senate have presented a revised version of US President Donald Trump’s tax reform and spending package, under which the $7,500 tax credit for buying new electric vehicles would now end on 30 September 2025 – roughly three months earlier than previously planned. Read more…
CATL breaks ground on joint venture battery plant in Indonesia
The plant is expected to have a total battery capacity of 15 GWh, enough to power 250,000 to 300,000 vehicles.
The mega-project will also involve the development of nickel mines and smelters, as well as the construction of a battery precursor factory.
CATL breaks ground on joint venture battery plant in Indonesia
The plant is expected to have a total battery capacity of 15 GWh, enough to power 250,000 to 300,000 vehicles.
The mega-project will also involve the development of nickel mines and smelters, as well as the construction of a battery precursor factory.
VW invests an additional €850 million in Rivian
Volkswagen has increased its stake in US partner Rivian. A second payment of one billion US dollars became due on 30 June, after Rivian achieved the targets agreed in the contract. Read more…
ZF starts electric motor production for SELECT platform
German automotive supplier ZF has kicked off series production of its asynchronous electric motor for the recently unveiled SELECT drive platform in China. The asynchronous motors, manufactured at its Hangzhou plant, are intended for integration by Chinese carmakers. Read more…
Battery maker Eve Energy files for Hong Kong listing
Eve Energy plans to use the proceeds for its Hungarian production base and the third phase of its Malaysian production base.
Eve Energy’s first-quarter power battery shipments totaled 10.2 GWh, while energy storage battery shipments came in at 12.7 GWh.
EU to exempt electric trucks from tolls until 2031
The European Commission wants to continue exempting zero-emission heavy-duty vehicles from toll and usage charges for longer. Instead of ending on 31 December 2025, the exemption is set to run until 30 June 2031 if the Commission gets its way. Read more…
The dangers of low-cost electric bikes: What you’re really getting for $500
There’s a reason the phrase “you get what you pay for” has stuck around for so long – because it’s usually true. And when it comes to electric bikes, that old saying might be more important than ever. Read more…
Electric Buses for Europe: BYD triples capacity at Komárom plant
BYD has laid the foundation stone for the expansion of its electric bus production facility in the Hungarian city of Komárom. This will see the production capacity of the plant, which opened in 2017, tripled to 1,250 vehicles per year. Read more…
Tesla’s first batch of V4 Superchargers in China go live
Tesla has launched its first batch of V4 Superchargers with a peak power output of 500 kW in China, as BYD pushes ahead with the deployment of 1-MW charging facilities.
Tesla has already opened over 2,100 Supercharging stations in the Chinese mainland, providing over 11,600 Superchargers.
Leapmotor begins pre-sales of B01 electric sedan starting at $14,770
The Leapmotor B01 measures 4,770 mm in length, between the Xpeng Mona M03 and Tesla Model 3, and offers a CLTC range of up to 650 km.
Leapmotor management previously said that they were confident in achieving monthly sales of over 40,000 units for the B-series models.
Eve Energy plans to build $1.2 billion energy storage battery project in Malaysia
The energy storage battery project is an expansion of Eve Energy’s existing facility in Malaysia, which began operations in February this year.
The project will facilitate the company’s overseas expansion, and will also help it mitigate the risks posed by escalating international trade friction, Eve Energy said. Read more…
Xpeng to launch G7 SUV on Jul 3, days after Xiaomi YU7’s blockbuster launch
Xpeng G7 will officially hit the market on July 3, with pre-sales started on June 11 at a price of RMB 235,800 ($32,880).
The G7’s launch comes days after the Xiaomi YU7’s debut, which secured over 240,000 locked orders within the first 18 hours.
Volvo delivers 5,000th electric semi with little fanfare, sending a BIG message
With the Tesla Semi making headlines consistently since its first public appearance waaay back back in 2017, you might think they were some kind of market leaders. Meanwhile, Volvo Trucks has quietly delivered its 5,000th electric semi truck … and they’re just getting started. Read more…
