The proposed purchase price is $25.66 per Zeekr ADS, a premium of 13.6 percent from the last trading session. Read more…
Uber reportedly to invest extra $100 million in WeRide
Uber has committed to an additional $100 million equity investment in WeRide on top of its existing investment.
The investment, which will close in the coming months, will be Uber’s largest investment in autonomous driving to date.
Nio sees single day battery swap service top 134,770 over Labor Day holiday
At the busiest station along the highway, the number of services in a single day reached 150.
Compared to the same holiday last year, there was a 64 percent increase in the average daily number of services provided by battery swap stations along highways.
The Cheapest New Tesla Model Y In The U.S. Is Now Under $40,000
It also has over 350 miles of range on a full charge. Read more…
Metal rupture discs offer robust relief
OsecoElfab has developed a family of pressure-relief systems for lithium ion battery applications for heavy-duty, offroad e-mobility applications, writes Nick Flaherty.
The low-profile, specialised, metal rupture discs support custom battery design to improve safety. They provide robust emergency relief and pressure equalisation in a single device in the event of outgassing by the battery cells. Read more…
Thousands of Texas homes are about to form a huge virtual power plant
Abundance Energy, sonnen, and Energywell are teaming up to bring smarter, more resilient energy to Texas homes through a huge new virtual power plant (VPP) initiative. Read more…
Big Mack, hydrogen Honda, and a ride in the Tesla Semi at ACT Expo 2025 [part 6]
On today’s thrilling episode of Quick Charge, we’ve got some of the highlights of the 2025 ACT Expo, including the all-electric Windrose and Mack Pioneer Class 8s trucks, a hydrogen fuel sell [sic] from Honda, a fun charging surprise, and – after an eight year wait – we finally get a ride in the all-new (in 2017) Tesla Semi. Read more…
Tesla launches cheaper Model Y RWD in the US
Tesla has opened orders for the Model Y Long Range RWD for $45,000 in the US. It’s the new entry-level Model Y following the design refresh earlier this year. Read more…
China EV insurance registrations for week ending May 4: Nio 3,470, Tesla 7,290, BYD 59,310
Nio Inc had 5,100 insurance registrations in China last week, including 3,470 under the Nio brand, 1,280 for Onvo and 350 for Firefly.
Vehicle deliveries were negatively impacted by the May 1-5 Labor Day holiday in China.
Global EV battery market share in Jan-Mar 2025: CATL 38.3%, BYD 16.7%
CATL and BYD’s combined EV battery installations in January-March amounted to 121.9 GWh, accounting for 55.0 percent of the global market.
CATL’s share in January-March increased slightly from January-February, while BYD declined slightly.
Avatr invites Tesla’s Elon Musk to witness wind tunnel test after video raises doubts about its sedan’s drag coefficient
Avatr said Elon Musk shared inaccurate information and invited the Tesla CEO to witness a wind tunnel test of the Avatr 12.
This comes after a video raised skepticism about the Avatr 12’s drag coefficient.
Nio Onvo clears hurdle holding back car owners from changing BaaS plan
This is one of Onvo’s latest efforts to optimize the car using experience following a change in its management.
Onvo has virtually exempted L60 owners under a BaaS plan from an additional cost associated with changing the plan.
Audi may build EVs in the US to dodge Trump’s new tariffs
Audi is looking to dodge new US tariffs by manufacturing its electric vehicles on American soil. Read more…
Lucid (LCID) plans to double EV production this year, even with tariffs
Lucid Motors (LCID) reported first-quarter earnings on Tuesday, reaffirming its plans to more than double EV production in 2025. Despite the threat of new tariffs, the EV maker expects to continue building momentum after another record quarter. Read more…
Rivian R2’s $45,000 Starting Price Won’t Change, Despite Tariffs
Rivian CEO R.J. Scaringe said the $45,000 price point for its upcoming electric crossover is “important to us.” Read more…
Congress Is Likely Killing The $7,500 EV Tax Credit, Speaker Says
“I think there is a better chance we kill it than save it,” House Speaker Mike Johnson said today. Read more…
Rivian Just Unlocked Another $1 Billion From Volkswagen
Rivian’s nearly $6 billion deal with the Volkswagen Group gives it the capital it needs to launch the R2 and R3 crossovers. Read more…
EVs Can’t Replace Gas Trucks Yet. Hybrids Can
Truck buyers won’t pay more for a less capable rig. So while we wait for EV costs to come down, we need to go all-in on hybrids. Read more…
I’ve Seen The Future. It’s A Xiaomi Store Where You Buy Smartphones And EVs
Who needs a dealership, anyway? In China, you can buy an electric car at the mall. Read more…
Roam expands EV charging network at a major London residential development
UK EV charging provider Roam Charging has partnered with UK property management company RMG to install 117 fast-charging points at Beaufort Park, an RMG-managed 25-acre residential development in northwest London. The project augments Roam’s residential network at such sites as Battersea Power Station, West End Quay and Wimbledon Stadia. After an extensive site survey, Roam… Read more…
