It looks like Kia’s new EV4 sedan is getting the GT treatment, likely with a lot more power and the Ioniq 5 N’s best party trick. Read more…
First official image of Volvo ES90 leaks
The official reveal of the Volvo ES90, the latest electric sedan from the Swedish brand, is just days away, but as usual – the Internet doesn’t really play the waiting game. Courtesy of some impatient people on Volvo’s team, we have our first look at the all-new, all-electric ES90. And the first thing that strikes us is the vehicle’s stance.… Read more…
The Honda Prologue Gets Better For 2025
This crossover goes further and has more power than last year’s car, but the price stays the same. Read more…
Airstream’s First Electric Travel Trailer Costs More Than A Lucid Air
The Airstream Basecamp Xe has an integrated battery pack, but it doesn’t power the wheels. Read more…
Xiaomi starts deliveries of SU7 Ultra as orders hit 19,000 units
The SU7 Ultra has a starting price of RMB 529,900 ($72,750). In China, 121,000 sedans priced at over RMB 500,000 were sold in 2024.
Firm orders for the SU7 Ultra have reached 19,000 units, with locked-in orders exceeding 10,000 units.
Nio ET9 finishes 3rd round of winter test, deliveries to start later this month
The ET9 has entered the final stages of preparation before delivery, as production cars begin to be shipped to Nio’s stores in China.
Nio kicked off the ET9 project in 2019, and in October 2022, mule car deliveries were realized.
Li Auto to launch Li i8 electric SUV in Jul, shares 1st teaser video
The Li i8 is Li Auto’s first all-electric SUV and second all-electric model after the Li Mega MPV.
Li Auto CEO said last week that the company would have more than 15,000 superchargers by the time the Li i8 is released.
ME Energy secures investment from India
The German startup ME Energy, which specialises in off-grid fast-charging stations, is off to a new start. The company had to file for insolvency last year and has now been fully acquired by Indian investor Trinity Cleantech. Read more…
European research project to develop new battery systems for boats
The European research project HARPOONERS (High voltAge, modulaR and low weight electric POwertrains fOr NExt generation waterborne tRanSport) is developing a new generation of high-voltage battery storage systems for maritime and inland waterway vessels. Read more…
Tesla to install Superchargers at Steak ‘n Shake restaurants in the US
Tesla has signed a deal with the fast-food chain Steak ‘n Shake to install Supercharger stations at select locations across the US. Apparently, there could be as many as 100 new Supercharger locations. Read more…
Xpeng to officially launch updated G6 SUV next week
Production of the 2025 G6 will be very limited in the first month because of the supply chain, and Xpeng is trying to address the issue, its CEO said.
The updated G6 is a model developed for the global market and will be offered in left- and right-hand drive versions.
GAC chairman calls for greater policy support for battery swap in China
The battery swap business model is in line with China’s carbon peak and carbon neutral strategies, and can solve EV charging difficulties, said GAC’s chairman.
He called for solutions to the issues of high construction costs, lagging layout, and lack of uniform battery standards for battery swap facilities.
Xpeng to report Q4 2024 earnings on Mar 18
Xpeng delivered a record 91,507 vehicles in the fourth quarter, exceeding the upper end of its guidance range of 87,000 to 91,000 units.
It previously guided fourth-quarter revenue to be in the range of RMB 15.3 billion ($2.1 billion) to RMB 16.2 billion, with year-on-year growth of about 17.2 percent to 24.1 percent.
BYD seeks to raise up to $5.2 billion in HK primary placement, report says
BYD is offering 118 million shares at a discount of up to 8.4 percent to Monday’s closing price of HK$363.60, according to Bloomberg.
BYD plans to use the proceeds for R&D, expanding overseas operations, supplementing working capital and general corporate purposes.
Leapmotor, FAW tie up to jointly develop NEVs
Leapmotor and FAW will work together on joint development of passenger NEVs and parts collaboration, and will explore the feasibility of deepening capital cooperation.
FAW is one of the largest car companies in China, delivering over 3.2 million units in 2024.
Protests erupt at Tesla dealerships across US over government job cuts
Nationwide protests targeting Tesla and its CEO Elon Musk have escalated, with nine arrests reported at a New York City dealership. The demonstrations resulted from widespread anger over Musk’s role in federal workforce reductions under the Trump administration’s “Department of Government Efficiency” (DOGE) initiative. Hundreds of protesters descended upon Tesla showrooms in multiple cities throughout the weekend. The New York… Read more…
Polestar borrows further capital and postpones financial report
Polestar is once again stocking up on fresh money. The Swedish brand of majority owner Geely has secured an additional loan of up to 450 million dollars. It is still unclear how the 2024 financial year went. Polestar postponed the publication of its financial statements once again – this time to April. Read more…
Norway reaches 95 per cent of new EV registrations for second month in a row
8,477 electric cars were newly registered in Norway in February, which corresponds to a 94.7 per cent share of total car registrations for the month. And none of the usual suspects are at the top of the model rankings; instead the Nissan Ariya took the lead. Read more…
Hyundai wants to build electric cars in Turkey
Hyundai is preparing its plant in Turkey for the production of electric cars. From 2026, the factory in İzmit will build electric cars and combustion engines to meet the growing demand in Europe. Read more…
Volocopter remains grounded; court opens insolvency proceedings
The provisional insolvency proceedings at air taxi manufacturer Volocopter are turning into regular insolvency proceedings. The search for investors that began in December is still ongoing, although a restructuring concept was supposed to be in place by the end of February. Volocopter’s future thus remains up in the air. Read more…
