Tesla Model Y experienced quite a shift in its sales dynamics in China during April. Domestic retail sales of the popular electric SUV saw a big decline of 24% compared to the same period last year, but exports of the Model Y from Tesla’s Shanghai factory surged by an impressive 149%. Data from the China Passenger Car Association (CPCA) reveals… Read more…
UK earmarks £1bn for AESC gigafactory in Sunderland
The UK Government has confirmed a £1 billion investment to build a new AESC gigafactory in Sunderland. It is expected to support 1,000 jobs and produce batteries for up to 100,000 electric vehicles annually, multiplying Britain’s current EV battery cell output sixfold. Read more…
RECOVAS project establishes UK’s first circular supply chain for EV batteries
The RECOVAS consortium has completed a four-year project to establish the UK’s first circular supply chain for electric vehicle batteries. Key outcomes include a new battery recycling facility, second-life applications, and industry-wide guidance on battery reuse and recycling. Read more…
Li Auto to report Q1 2025 earnings on May 29
Li Auto delivered 92,864 vehicles in the first quarter, near the upper end of its guidance range.
Li Auto had previously guided first-quarter revenue down 8.7 percent to 3.5 percent year-on-year.
Li Auto to report Q1 2025 earnings on May 29
Li Auto delivered 92,864 vehicles in the first quarter, near the upper end of its guidance range.
Li Auto had previously guided first-quarter revenue down 8.7 percent to 3.5 percent year-on-year.
UK: Kia introduces new entry-level version of the EV6
Kia UK has expanded its EV6 line-up with a new entry-level ‘Air’ variant, now available with a 63 kWh Standard Range battery. The rear-wheel-drive EV delivers up to 265 miles WLTP range and comes with a £39,235 price tag. Customer deliveries will begin later in May. Read more…
Tesla Model Y Assembly Workers Told To Stay Home For A Week: Report
Model Y and Cybertruck production line workers can either clean the factory floor or stay home. Read more…
China sells 1,226,000 NEVs in Apr, up 44% year-on-year, CAAM data show
BEV sales in April rose 58.4 percent year-on-year, higher than the 21.9 percent growth rate for PHEVs.
NEV exports were a record 200,000 units in April, up 76 percent year-on-year and up 27 percent from March.
Wrightbus secures £150m to accelerate global electric bus ambitions
Wrightbus has secured a £150m finance package from HSBC UK to ramp up global zero-emission bus production. The deal supports electric and hydrogen technologies, repowering initiatives, and international expansion as the company aims to lead public transport decarbonisation. Read more…
Xiaomi EV to open its largest Shanghai flagship showroom in Oct
The project has a floor area of over 15,000 square meters and is scheduled to officially open in October 2025.
It will be the largest flagship Xiaomi EV center in Shanghai, adjacent to the largest Tesla Center in China.
Li Auto Apr deliveries breakdown: Li L6 at 16,755, Li L7 8,102
Models with lower price tags contributed more to Li Auto’s monthly deliveries.
Li L6 contributed 49.37 percent of Li Auto deliveries in April.
Xpeng Apr deliveries breakdown: Mona M03 at 14,210, P7+ 7,392
The Mona M03 and P7+ sedans continue to be Xpeng’s top sellers, though the G6 and G9 SUVs saw significant sales growth.
April deliveries for both the Mona M03 and P7+ were down from March.
Tesla Model Y sales in China fall 24% year-on-year in Apr as more go to exports
In the January-April period, Model Y retail sales in China stood at 101,873 units, down 19.61 percent year-on-year.
The Model Y exported 13,976 units in April, up 149.30 percent year-on-year.
Nio ET9 delivers 810 units in 1st full month
The ET9 is Nio’s highest-priced model and one of the few luxury sedans built by a Chinese carmaker.
The ES6 continues to be the highest delivered Nio-branded model, with 6,866 units delivered in April.
CATL vice chairman to donate $138 million worth of stock to Fudan University
CATL vice chairman Li Ping, a Fudan University alumnus, is donating to establish a research fund.
Li’s stake in CATL will be reduced from 4.58 percent to 4.48 percent.
Mercedes-AMG teases first-ever bespoke, 1,000 hp electric super sedan
Mercedes high-performance arm is about to hurl an all-electric, 1,000 hp GT squarely into Porsche Taycan territory – but will world-beating performance and a bespoke EV chassis be enough to convince the AMG faithful to pony up for an EV. Read more…
All the EVs you can buy with 0% interest financing in May 2025
Lease deals get all the hype, but most people still want to own the car after they’re done making all those payments on it. If that sounds like you, and you’ve been waiting for the interest rates on auto loans to drop, you’re in luck: there are a bunch of great plug-in cars you can buy with 0% financing in May, 2025. Read more…
CATL to raise up to $4 billion in HK listing, trading to start on May 20
CATL plans to use about 90 percent of the proceeds for its project in Hungary.
Trading of CATL shares in Hong Kong will begin on Tuesday, May 20.
Tesla employees ask Elon Musk to resign, confirm massive demand problem, get fired for it
Some Tesla employees officially asked for Elon Musk to resign as they confirmed the automaker is facing a massive demand problem, which they attribute to the CEO. Read more…
Here are the best electric bikes you can buy at every price level in May 2025
I’ve spent countless hours here at Electrek doing detailed hands-on testing of hundreds of electric bikes. Through thousands of miles of riding, I’ve been fortunate to learn these e-bikes inside and out, top to bottom and front to back. That long-term experience with real-world e-bike testing has helped me find the best electric bicycles on the market for just about any budget. Read more…
