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…
British battery startup Volklec wants to make it big with Chinese expertise
The battery company Volklec, founded in 2024, wants to build batteries using licensed Chinese technology. To this end, Volklec has signed an agreement with Far East Battery (FEB). The British company wants to use the technology to manufacture batteries for electric vehicles and stationary energy storage systems. Read more…
Florida is second only to California in EV sales: How’d that happen?
Florida’s politics are the polar opposite of California’s. Yet the home state of President Trump is second only to California in EV sales. That sales growth, leaving Florida solidly in the top position after California, based on cumulative EV registrations, was driven not by incentives but primarily by EV enthusiasm in the populous central region… Read more…
Fastned goes online in Italy with 400 kW DCFC station
Dutch charge point operators Fastned have opened their first DC fast-charging station with up to 400 kW chargers in Italy, marking the eighth nation the company has built stations in. Read more…
BMW iX snatches the top spot in J.D. Power EV satisfaction survey
The 2025 US Electric Vehicle Experience (EVX) Ownership Study from J.D. Power tells us that more people are more satisfied with their EV experience than last year – and the EV owners who are the most satisfied with their rides can be found behind the wheel of the BMW iX. Read more…
Chevy Spark returns for 2026 as affordable electric crossover with 220 mile range
Chevy is resurrecting both the Spark and EUV nameplates with the all-new, affordable Chevy Spark EUV. GM hopes its new, 249-mile range EV will be a “game changer” that helps accelerate the company’s EV transition in export markets. Read more…
Ford Mustang Fox-Body Goes Electric, Keeps The Manual Transmission
Unlike most EV conversions that feature repurposed Tesla drive units, this conversion exclusively features aftermarket parts. Read more…
