Li Auto reported a net income of RMB 646.6 million for the first quarter, up 9.4 percent year-on-year.
The gross margin for the first quarter was 20.5 percent, largely flat from the same period last year and the fourth quarter.
e-Vadea now also opens charging points away from motorways
After years of installing charging points for providers such as Ionity, the French multi-technology service provider SPIE has also been active as a CPO itself since 2022 under the e-Vadea brand. While the focus was initially on motorway service stations, the company has now opened its first charging stations off motorways. Read more…
London considers dropping EV congestion charge exemption
The city of London is getting serious about ending the exemption of electric vehicles from the city centre congestion charge, as had been previously announced. From 2 January 2026, there will only be a discount on the congestion charge for electric cars and electric commercial vehicles. At the same time, the city centre toll is also to be increased. Read more…
BYD Yangwang sees first batch of U7 sedans for delivery roll off line
The Yangwang U7 was launched on March 27 with a starting price of RMB 628,000 ($87,240).
Yangwang is BYD’s ultra-luxury sub-brand, which sold 135 vehicles in April.
Digital twin for material optimisation
Henkel is launching digital twin modelling and simulation capabilities combined with real-world validation of structural materials used in e-mobility designs, writes Nick Flaherty.
Henkel is combining its expertise in material application with in-house testing and validation to close the loop between digital and real-world design and testing. Read more…
BYD Shenzhen car carrier arrives in Brazil on maiden voyage with 7,300 cars on board
BYD Shenzhen has 9,200 standard loading spaces, covering an area equivalent to 20 football fields.
BYD Shenzhen embarked on its first ocean voyage on April 27.
BYD launches Sealion 07 electric SUV in Guatemala
The Sealion 07 EV has been renamed Sealion 7 in Guatemala, similar to BYD’s approach in other overseas markets.
BYD entered Guatemala in November 2024, launching four models at the time.
Chevy’s EVs are now even more affordable with new deals
Chevy is making it more affordable to drive off in one of its new EVs. With new incentives, you can now snag a 2025 Chevy Silverado EV for much less than a Tesla Cybertruck. The Equinox and Blazer EVs are also on sale this month. Read more…
Tesla’s sales fall 87% in Quebec as its market gets wiped out
Tesla’s sales have fallen 87% in Quebec in the first quarter 2025 compared to the same period last year. Read more…
Nio, Zeekr reach deal to share charging facilities
Nio and Zeekr have reached an agreement to share charging facilities, marking a rare collaboration between two direct competitors.
Nio will collaborate with Zeekr to provide users with a wide-ranging and convenient charging service.
Xpeng Mona M03 gets 12,566 new orders within 1 hour of new variant launches
Xpeng has launched new Max and Plus variants for the Mona M03, with the Max variant offering capabilities similar to Tesla’s FSD.
Among the first hour’s orders, the Max variant accounted for 83 percent.
Charging EVs is most expensive in Germany, cheapest in Türkiye, EU study finds
Electric cars on European roads are promising cleaner air and, often, cheaper motoring in the long run. But when it comes to “fueling” these EVs, the cost can be a real shocker—or a pleasant surprise—depending on where you plug in. A look across the continent reveals a patchwork of prices for charging your EV at home, showing that not all… Read more…
Tesla Investors To Elon Musk: Please Work At Tesla Full-Time
The return-to-office mandate comes for us all eventually. Read more…
Tesla’s Robotaxi Service Is Coming To Austin On June 12: Report
Tesla’s long-awaited driverless ride-hailing service will reportedly begin operations in Austin, Texas on June 12. Read more…
Texas just shot its wind + solar boom in the foot on purpose [Update]
Texas is No. 2 in the US for wind and solar capacity, but the Texas Senate passed a bill that aims to kneecap clean energy with an industry-killing review process. Here’s what happened in the House. Read more…
Zoox signs on as the official robotaxi partner of Resorts World Las Vegas
Zoox has announced a partnership with Resorts World Las Vegas, the first official agreement between a robotaxi provider and a Vegas resort property.. Read more…
Voltpost just flipped the switch on its first public lamppost EV charger
Voltpost, a startup that turns existing lampposts into EV chargers, has officially launched its first public charging site in Oak Park, Illinois. The curbside charger, installed in partnership with the Park District of Oak Park and utility ComEd, brings easy, affordable EV charging access right to the neighborhood. Read more…
Here’s a closer look at Kia’s low-cost EV2 [Video]
Kia’s smallest and most affordable EV is already creating quite the buzz. The EV2 will sit below the EV3 in Kia’s expanding EV lineup. With its official launch approaching, the Kia EV2 was spotted on public roads, giving us a closer look at the upcoming electric SUV. Read more…
70,000-Mile Hyundai Ioniq 5 Owner Review: ‘Zero Regrets’
From car camping to daily commuting, the Hyundai handled 70,000 miles without any mechanical issues. Read more…
BYD Called Out For Somehow Selling ‘Zero-Mile’ Used Cars: Report
Chinese regulators want to know how cars with no miles on the odometer are showing up on used dealer lots. Read more…
