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…
Could smart charging help cure the housing crisis? Amsterdam believes so
With grid congestion threatening infrastructure growth in the Netherlands, Deftpower wants to bring together EVs, CPOs, energy retailers, and grid operators. The smart charging platform is part of a pilot project in Amsterdam testing how to implement grid-friendly charging. CEO Jacob van Zonneveld outlines how the project benefits EV drivers and city planners and could define the next generation of mobility service providers across Europe. Read more…
Tesla’s retail sales in China down 8.56% year-on-year to 28,731 in Apr
In January-April, Tesla’s retail sales in China’s domestic market amounted to 163,338 units, down 0.31 percent year-on-year.
Tesla’s retail share of the Chinese BEV market was 5.14 percent in April, down from 11.47 percent in March.
China NEV retail up 34% year-on-year to 905,000 in Apr
Retail sales of China’s passenger NEVs saw year-on-year growth last month, despite a decline from March.
Retail penetration of NEVs was 51.5 percent in April, above 50 percent for the second consecutive month.
There’s plenty of EV money out there – and plenty of people to help you find it!
While Washington continues to threaten America’s economic security and position as a global technology leader by toying with the idea of killing the $7,500 Federal EV tax credit, the ENERGY STAR program, and other energy efficiency incentives, the private energy sector is stepping up with massive investments in battery storage, charging infrastructure, and commercial EV rebates – and helping fleet buyers navigate those new incentives is becoming part of the broader business plan. Read more…
FEV develops new LFP EV battery system with Mahindra
Indian automaker Mahindra and German automotive equipment manufacturer FEV have developed a new lithium iron phosphate (LFP) battery for Mahindra Electric Origin SUVs. The system has recently undergone an extensive series of tests, including fuel fire testing, nail penetration and rollover tests, to demonstrate its compliance with international safety standards. These tests were carried out… Read more…
Nio brand reaches 700,000th delivery milestone
The delivery of this 700,000th vehicle means that the Nio main brand has delivered 2,615 vehicles so far this month.
The Nio brand delivered 19,269 vehicles in April, a year-on-year increase of 23.36 percent.
American energy sector set to invest $100B in battery storage by 2030
Members of the US energy industry has committed to investing $100 billion over the next five years to build and buy American-made batteries for large, utility-scale deployments of battery energy storage systems (BESS). Read more…
Volvo teases all-new XC70 PHEV with 125 miles of electric range for 2026
Volvo Cars has teased an all-new Volvo XC70 plug-in hybrid crossover with 400 hp and 200 km (approx. 125 miles) of all-electric range, giving it the longest battery-only range of any of the company’s plug-in hybrid offerings. Read more…
1,000 new charging stations for Abu Dhabi
Abu Dhabi Mobility, an affiliate of the UAE’s Department of Municipalities and Transport, has just announced a large investment in new EV infrastructure. It includes the installation of 1,000 new charging points at 400 locations, including key strategic locations such as hotels and shopping centres. Read more…
