BYD’s first-quarter profits were down 47% thanks to a serious EV price war in the Chinese market. Read more…
‘Hardcore’ New Tesla Layoffs Leave You Wondering What Tesla Even Is Anymore
Plus, Tesla’s Full Self-Driving gets tentative approval for China and NHTSA requires cars to have automatic emergency braking by 2029. Read more…
China EV insurance registrations for week ending Apr 28: Nio 4,960, Tesla 14,860, BYD 63,300
Xpeng had 2,700 insurance registrations last week, Li Auto 7,060, Zeekr 5,000 and Xiaomi 1,670. Read more…
Emco takes over insolvent Unu
German electric scooter manufacturer Emco (Electro Mobility Company) has officially taken over the assets, sales and service of the insolvent German electric scooter manufacturer Unu. However, the Unu brand will continue to exist. Read more…
Viennese EV sharer Eloop faces insolvency
The Vienna-based company Eloop is ending its electric car-sharing offer. The fleet of around 200 Teslas will be dissolved following a restructuring process within the company. Read more…
Gogoro signs MoU with Sumitomo over global expansion
Gogoro has signed a non-binding memorandum of understanding to establish a new partnership with Sumitomo Corporation and Sumitomo Mitsui Finance and Leasing Co. Read more…
Report: Top-selling used EVs cost up to $5,000 less than last year
The average price of the most popular used EVs has dropped by up to $5,000 compared to last year, according to retailer CarMax. Sales data from September 1, 2023 to February 29, 2024, showed that the top EVs at CarMax were the Tesla Model 3, Tesla Model Y, and Nissan Leaf. They were also the top-sellers in a previous CarMax report published in… Read more…
Mercedes Says ‘No Thanks’ To The Apple CarPlay Takeover
But that’s only part of the story. In a new interview, Mercedes’ CEO explains where the German automaker’s software game is headed. Read more…
Battery cell production research: FFB PreFab opens in Münster
The first construction phase of the Fraunhofer Research Institution for Battery Cell Production FFB, also called PreFab, has been opened in Münster. The smaller PreFab is seen as an important step towards the establishment of the FFB Fab – which should then contribute to “successfully establishing Germany as an international leader in the long term.” Read more…
Nissan and Ecobat to give EV batteries a second life
Nissan and Ecobat have teamed up to give old batteries from the Nissan Leaf a second life. The goal is to investigate how the EVs’ batteries can be “recovered, repaired, recycled or repurposed.” Read more…
Nio starts deliveries of 2024 ET7 sedan
Nio launched the 2024 ET7 on April 25, starting at the same price as its predecessor while bringing 180 upgrades. Read more…
New Flyer & Boston sign framework agreement for up to 460 electric buses
The North American bus manufacturer New Flyer has revealed an order for the supply of 80 electric buses to Boston. The contract includes an option for 380 more buses. Read more…
HiPhi Motors secures funds, prepares to resume production
After a production halt in February, the luxury Chinese EV brand HiPhi looks poised for a return. Financial woes forced HiPhi to press pause, but according to local media sources, the company got a much-needed financial boost and it’s now gearing up to revive production lines. The lifeline came from a Hong Kong-based company, providing HiPhi with a crucial strategic… Read more…
CATL plans 10,000 fast chargers in China
CATL has unveiled major ambitions to cover another link in the electric car value chain. The Chinese battery manufacturer is entering the business of fast-charging stations and wants to build a large network in China at record speed. Read more…
BYD recalls 16,666 Seagull EVs in China due to software issue that may prevent reverse camera image from displaying
BYD will upgrade the software for the recalled vehicles free of charge via OTA to ensure that the reversing image is displayed properly. Read more…
Nio starts rolling out NOP+ driver assist feature to all NT 2.0 cars
Nio vehicles on the NT 2.0 platform will be able to choose to turn on the NOP+ feature covering urban roads and highways in the settings after the in-vehicle system is upgraded to Banyan 2.6.0. Read more…
Affordable Tesla could be stripped-down versions of Model Y and 3
Following Tesla’s announcement that it will introduce more affordable electric cars earlier than planned, industry experts anticipate that these will not be entirely new models. They assume these will merely be toned-down versions of the Model 3 and Model Y. Read more…
Polestar 5 with StoreDot cells charges to 80 per cent in ten minutes
Polestar and StoreDot have successfully demonstrated the Israeli battery developer’s Extreme Fast Charging technology (XFC) for the first time: A prototype of the Polestar 5 was charged from ten to 80 per cent in only ten minutes. Read more…
CATL supplies batteries to Beijing Hyundai
CATL and Beijing Hyundai extended their strategic partnership at Auto China. The two companies intend to continue working together on EV projects in China and equip new electric models from Beijing Hyundai with CATL batteries. Read more…
Tesla allegedly fires the entire Supercharger team
According to unconfirmed information, Tesla CEO Elon Musk is laying off the entire Supercharger team led by Rebecca Tinucci. Other departments are also allegedly about to be dissolved. The company is also said to be increasing the pressure on its managers with an internal letter. Read more…
