The automaker said it will likely miss its previous goal of having 30% of all car sales come from EVs in 2030. Read more…
Mitsubishi cancels Ampere investment agreement
Mitsubishi Motors has terminated its investment agreement with Renault’s electric vehicle subsidiary Ampere. Nevertheless, the Japanese carmaker intends to continue collaborating with Ampere on the development and production of electric cars for the European market. Read more…
Infineon to power Rivian’s R2 platform with SiC traction modules
Infineon Technologies will supply silicon carbide-based power modules and microcontrollers to Rivian for the next-generation R2 EV platform. Series production is scheduled for 2026. Read more…
Nio signs new deal to add 100 swap stations in northeast China
Nio Power has entered into a partnership with a state-owned company to build 100 battery swap stations in northeast China.
This is the latest example of Nio’s partnership with a state-owned company to build battery swap stations this year.
Xiaomi EV plant phase 2 expected to be completed by mid-Jun, report says
Phase 2 of Xiaomi EV’s factory is expected to be completed next month, as it approaches the launch of its second model, the YU7.
The new factory broke ground last year, and construction of the production halls and office buildings appears to be complete.
Henkel unveils battery innovations for performance and circularity
Henkel will showcase a range of new materials and technologies at The Battery Show Europe 2025 (June 3–5, Messe Stuttgart, Hall 10, Booth G10) aimed at speeding up EV battery development, improving safety, and supporting sustainability throughout the battery lifecycle. Read more…
China EV insurance registrations for week ending May 18: Nio 4,240, Tesla 11,130, Xiaomi 7,160
Nio Inc, which includes the Nio, Onvo and Firefly brands, had 6,650 insurance registrations in China last week, up 9.74 percent from the previous week.
Tesla’s insurance registrations in China were up 262.54 percent last week from 3,070 units in the previous week.
Li Auto’s Mega Home MPV rolls off assembly line, deliveries to begin on May 23
The Li Mega Home is a special edition of the Li Mega MPV with a starting price of RMB 559,800.
The Li Mega is the first BEV model of Li Auto.
The 2026 Lexus RZ Gets A Tesla Plug, 300 Miles Of Range, Simulated Shifts
With up to 300 miles of range and Lexus’ first “virtual manual gear shift system,” the RZ gets a glow-up. Read more…
CATL surges over 13% in HK stock market debut
Listing in Hong Kong means wider integration of CATL into the global capital markets, its chairman said.
CATL has a total market capitalization of HK$1.33 trillion.
CATL surges over 13% in HK stock market debut
Listing in Hong Kong means wider integration of CATL into the global capital markets, its chairman said.
CATL has a total market capitalization of HK$1.33 trillion.
BYD Fang Cheng Bao reaches 100,000th unit delivery milestone
The milestone means Fang Cheng Bao has delivered about 8,650 units so far this month.
That’s 18 months after Fang Cheng Bao’s first vehicle was delivered in November 2023.
Toyota’s new smart EV for China looks pretty sharp: Check out the bZ5
Toyota’s new bZ5 EV starts at about $18,000 in China and uses BYD batteries for a driving range of up to 630 km (391 miles). Can it keep up in the world’s largest EV market. Read more…
Trump reversal revives Empire Wind, NY’s offshore energy giant
The $5 billion Empire Wind is back in business. The Trump administration’s Bureau of Ocean Energy Management (BOEM) has lifted its stop-work order for Empire Wind, a major offshore wind project off the coast of New York led by Empire Offshore Wind LLC, a subsidiary of Equinor. Construction is now allowed to resume. Read more…
State of the solar industry as GOP eliminates homeowner’s tax credits
On today’s sunny side up episode of Quick Charge, we take a look at the latest from the world of solar power, and discuss Congressional Republicans’ plans to limit your energy independence by eliminating a critical tax credit for homeowners nearly ten years early. (!. Read more…
Tesla starts accepting Cybertruck trade-ins
The Cybertruck launched in December 2023, but despite Elon Must targeting a 250,000 units yearly production customer interest quickly waned. The supposedly long waiting list vanished within a couple of months as few opted to confirm them once they realized the truck achieves nowhere near the promised range and costs about twice as much. In a related issue those that… Read more…
Hyundai is making a comeback in China and this new EV might just seal the deal
Hyundai is gaining traction where most automakers are struggling to stay afloat. Despite a flood of low-cost electric cars and an intensifying price war, Hyundai sees an opportunity “to write a new chapter” with its first dedicated EV rolling out in China. Read more…
BYD launches the new low-cost e7 EV in China, starting at under $15,000
BYD’s new EV is about the size of a Tesla Model 3, but half the cost in China. After launching the e7, BYD is already boasting that it will be the “winner’s choice” for midsize EV sedans. Here’s our first look at the new low-cost electric sedan. Read more…
Tesla Cybertruck Trade-Ins Are Here. The Depreciation Is Brutal
The Tesla Cybertruck is turning into the ultimate depreciation machine. Read more…
Want A Nikola Hydrogen Truck? Now’s Your Chance
There are 103 completed hydrogen trucks up for grabs in the bankruptcy auction. Get one while you can. Read more…
