• News aggregator on electric cars and electric vehicles (cars, motorcycles, boats, planes).

Xiaomi eyes global expansion, including Europe, to become a top five automaker someday

Xiaomi CEO Lei Jun has recently shared some interesting tidbits with the media, offering a more precise timeline for the tech giant’s automotive arm’s launch of its tri-motor SU7 Ultra. Additionally, the billionaire CEO spoke about Xiaomi Automobile’s willingness to lose money upfront to expand its portfolio to markets in Europe and become a top-five automaker in the world. Read more…

Tesla offers ‘Drive Anywhere Package’ with Model S and Model X

ArenaEV
Tesla is trying to entice potential buyers of the Model S and Model X with the introduction of the ‘Drive Anywhere Package.’ This new offering is supposed to improve the ownership experience for Tesla Model S and Model X customers, offering a compelling blend of value and innovation. Priced at $5,000 in the US, the ‘Drive Anywhere Package’ includes three… Read more…

Ford alters EV strategy: more focus on hybrids, 3-row electric SUV is dead

ArenaEV
In a move that caught many by surprise, Ford, America’s second-largest electric vehicle manufacturer, is rethinking its electrification strategy. The company’s bold EV plans are being tempered by the harsh realities of profitability, customer preferences, and the ever-evolving EV market. Having poured billions into developing electric models like the F-150 Lightning and Mustang Mach-E, the models didn’t prove as profitable… Read more…