Fast charging stations with a battery as a stationary storage unit connected to the grid are becoming increasingly popular as they can buffer grid power during peak usage periods. The Korean company LS Materials has developed a new hybrid energy storage system (H-ESS) for electric vehicle charging stations, which it claims is cheaper, more compact and significantly longer-lasting than conventional stationary storage systems for charging stations. Read more…
Musk’s political gamble unravels, wiping billions from Tesla’s stock value
A very public and messy falling out between Tesla CEO Elon Musk and President Donald Trump sent the electric car maker’s stock tumbling, erasing billions in value and leaving investors to question the high price of political alliances. Tesla’s stock, known for its wild swings even on quiet days, took a huge hit, dropping over 50 points in a single… Read more…
Chery to launch its first flying car in Oct
Chery will launch its first eVTOL in October, becoming the latest player in the so-called low-altitude economy in China.
Chery’s goal is to drive the low-altitude economy from a laboratory concept to reality in households.
Ford announces recall for 30,000 F-150 Lightning in the USA
The car manufacturer Ford is recalling almost 30,000 F-150 Lightning electric pickups sold in the USA. However, the background to the action has nothing to do with the model’s electric drive. Read more…
England boosts public transport with £15.6 billion
The UK has announced £15.6 billion of funding for local transport projects in England’s city regions. While this will support public transport “from Sunderland to Solihull,” Manchester is using its funding to completely electrify public transport by 2030, including public-use e-bikes and the procurement of 1000 new electric buses. Read more…
We Drove The $8,000 BYD Seagull. When Do We Get Cheap EVs This Good?
Kevin Williams joins the Plugged-In Podcast to share more stories from China’s electric space. Plus, what car isn’t an EV that should be? Read more…
Charge point operator Believ secures £300m investment
The British CPO says it will use the investment to install at least 30,000 public charging points across the UK. It has been backed by Believ’s joint owners as well as four retail and infrastructure financing banks. Read more…
BMW Will Build The Electric X5, X6 And X7 In The U.S.
The battery-powered iX5 is coming next year, followed by the iX7 in 2027. A coupe-like electric SUV is expected too—all made in the U.S. Read more…
Leapmotor expands into seven more EU markets
The Chinese electric car manufacturer Leapmotor is continuing its expansion in Europe with the support of Stellantis. In the past two weeks, the company has opened up seven new European markets through sales partnerships from Ireland to Bulgaria. Read more…
Here’s how Tesla might be impacted by the Musk/Trump divorce
Tesla CEO Elon Musk and President Trump are in the middle of a nasty break-up and it didn’t take long for Musk’s companies, including Tesla, were thrown in the middle of it like kids in a divorce. Read more…
Nio to supply batteries to McLaren, report says
Nio will develop and supply power batteries for the British supercar brand McLaren, to be used in its hybrid models.
The battery pack will be based on Nio’s in-house developed 4680 large cylindrical battery cells, with small-scale production expected to begin next year.
Tesla turns to interest-free loans as Cybertruck inventory piles up
Tesla is shifting the sales strategy for its polarizing Cybertruck, and has rolled out a zero percent financing offer for the electric pickup. The offer, valid through the end of June, is the final proof the electric car giant is facing huge challenges in moving the stainless-steel vehicle – a stark contrast to the initial frenzy that reportedly saw over… Read more…
Geely partners with Voltron on Indonesia EV charging
The Indonesian charge point operator Voltron is set to provide charging facilities at all Geely dealerships in the country, following an agreement between both parties. In practice, that means six dealerships are set to gain charging infrastructure. Read more…
The Next Range Rover Velar Will Plug In To Beat Porsche
The Velar will become an EV with a body that straddles the line between cars and crossovers. Read more…
BYD brings Seal 07 DM-i hybrid sedan to Gulf countries
The Seal 07 DM-i has been renamed Seal 7 DM-i in the Gulf region and is now available in Saudi Arabia, the UAE, Kuwait, Qatar, and Oman.
The hybrid sedan will be launched in Bahrain soon.
AESC halts battery factory construction in South Carolina
The battery cell manufacturer AESC has surprisingly paused construction work on its factory in the US state of South Carolina. The plant in Florence County, in which a total of 1.6 billion dollars is to be invested, is intended to supply BMW with cylindrical cells and create around 1,600 jobs. The reason cited for the temporary halt to construction is uncertainty regarding US economic policy and market conditions. Read more…
BYD makes debut in Japan’s top 10 imported car sales list
BYD registered a record 416 vehicles in Japan in May, with over 240 of them being the newly launched Sealion 7 electric SUV.
The launch of the Sealion 7 in April increased consumer awareness of the BYD brand and boosted visits to dealerships.
ZF is now considering phasing out the driveline division
The future of ZF’s driveline division has been under scrutiny internally for months. An exit from the driveline business is now also being discussed – as one of several conceivable scenarios. Read more…
PowerGo charging network expands in Europe
The chargepoint operator PowerGo has announced an expansion of its fast charging network at sites across Europe. Each location provides charging speeds of up to 240 to 480kW. Read more…
BYD chairman sees strong overseas sales this year
BYD’s prices in overseas markets are relatively stable, which significantly contributes to the company’s profitability, Wang Chuanfu said.
BYD has seen signs of sequential growth in monthly sales in multiple overseas markets.
