After a long hiatus following the discontinuation of the i-Miev in 2017, Mitsubishi is back in the EV game—with Nissan’s help. Read more…
Xpeng mulls flying car unit IPO in HK or US, report says
Xpeng has invited banks to pitch for a role in an IPO that could take place in Hong Kong or the US, according to Bloomberg.
Xpeng Aeroht’s last financing was a $150 million series B1 round in August 2024.
CPCA estimates China NEV wholesale up 42% year-on-year to 1.14 million in Apr
China’s wholesale sales of passenger NEVs were estimated at 1.14 million units in April, up 42 percent year-on-year and up 1 percent from March.
Among the major carmakers’ NEV wholesale sales, BYD stood at 372,615 units, Geely at 125,563, and SAIC-GM-Wuling at 77,878.
Refreshed RWD Tesla Model Y hits the States
Tesla has just opened its order books for a refreshed version of its Long Range RWD Model Y in the US. Starting at $45,000 (before incentives), it’s one of the most affordable Teslas available – but this comes at a slight performance cost. Read more…
Tesla China sells 58,459 cars in Apr, down 6% year-on-year
This was down 5.96 percent from 62,167 vehicles sold in the same month last year and down 25.84 percent from 78,828 units in March.
In the January-April period, Tesla China sold 231,213 vehicles, a decrease of 18.31 percent year-on-year.
Tesla unveils more affordable RWD Model Y in the US
Tesla has expanded its Model Y lineup in the United States with the introduction of a new Long Range Rear-Wheel Drive (RWD) variant. This new entry-level option for the updated Model Y, which underwent a design refresh earlier this year, is now available for order starting at $44,990. Previously, American customers could only order the refreshed Model Y in a… Read more…
Rivian achieves important interim goal in VW partnership
The US electric car manufacturer Rivian has achieved a gross profit for the second quarter in a row – which is a prerequisite for billion-euro financing from its partner Volkswagen. However, not all the figures in the quarterly balance sheet are positive, as Rivian has lowered its delivery forecast for 2025. Read more…
Mennekes to also offer DC charging stations from 2026
The German charging specialist Mennekes, which has already established a business in AC electric vehicle charging cables and wallboxes, is now entering the DC fast-charging station business. Mennekes is acquiring the ownership rights to DC charging systems from Munich-based startup Charge-V as part of an asset deal. Read more…
The Volvo XC70 Returns As A Long-Range Plug-In Hybrid
Volvo’s first long-range PHEV promises 124 miles of pure electric driving, albeit based on the optimistic Chinese test cycle. Read more…
Geely proposes to take Zeekr private
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.
