Some used car sellers incorrectly labeled vehicles purchased through the BaaS model as the original full price, a Nio spokesperson said.
Additionally, offers, including trade-in subsidies, were counted, leading to lower list prices.
Mercedes-Benz EQB recalled due to potential battery fire
Mercedes-Benz is recalling 7,362 EQB electric SUVs due to a battery issue that could lead to fires, and it’s asking customers to avoid fully charging until a remedy is implemented. The recall covers certain 2022-2024 Mercedes EQB models that received battery cells from an early-production batch. These cells could be more vulnerable to internal… Read more…
CATL files for listing in Hong Kong
CATL’s listing is expected to raise at least $5 billion and will be Hong Kong’s biggest in four years.
It has been No. 1 in global power battery market share for eight consecutive years and No. 1 in the energy storage battery market for three straight years.
Landis+Gyr withdraws from charging infrastructure business
The Swiss provider of energy management solutions Landis+Gyr has announced its withdrawal from the charging infrastructure business for electric vehicles in the EMEA region. Although the company invested in the division less than a year ago, it is now pulling the plug – in view of the general market development. Read more…
UK delivery network HIVED orders eleven electric trucks from Mercedes-Benz
British parcel delivery service HIVED has ordered eleven Mercedes-Benz eActros, namely nine eActros 600 and two eActros 400. The electric trucks will be used on the network’s middle mile. Read more…
Catalonia to invest in EVs and charging infrastructure
The Catalan government has announced that it will invest more than 1.4 billion euros in public and private funds to triple the number of electric vehicles in Catalonia and double the number of charging stations by 2030. Read more…
Audi revises entry-level version of the Q4 e-tron
The Audi Q4 e-tron is getting a new basic version with a larger battery. Starting this month, the Q4 40 e-tron will have a battery with 63 kWh capacity (59 kWh net) and will replace the Q4 35 e-tron launched last year. Read more…
China’s battery manufacturers continue to penetrate the EV market
In 2024, the battery capacity installed in new electric and hybrid vehicles worldwide totalled almost 900 GWh. That is according to an analysis by South Korean market analysts from SNE Research. According to the statistics, CATL remains the undisputed market leader. Read more…
Audi expands Q4 e-tron lineup with new entry-level version
Audi is adding another version of its Q4 e-tron. The Q4 40 e-tron comes in regular and Sportback versions and offers the middle battery option in the lineup, thus offering a few more kilometers on a single charge than the Q4 35 e-tron version. The new Q4 40 e-tron packs a larger 63 kWh battery (59 kWh net) – in… Read more…
God’s Eye: BYD will also equip small cars with assistance system
BYD, China’s largest EV manufacturer, has announced that its assistance system called ‘God’s Eye’ will also be installed in small cars in future. Until now, the function has only been available in larger vehicles with a price tag of around 29,000 euros or more. Read more…
China Jan NEV retail at 744,000, up 10.5% year-on-year while down 42.9% from Dec
Overall passenger car retail sales in January were 1.794 million units, down 12.1 percent year-on-year and down 31.9 percent from December.
Many consumers completed their car-buying plans at the end of 2024, and there was less time for effective sales in January than before, the CPCA said.
Stellantis could use LFP batteries from BYD
With models such as the Citroën ë-C3 and the Fiat Grande Panda, Stellantis already offers affordable small electric cars – with LFP battery cells from SVOLT. To bring prices below 20,000 euros, the company apparently wants to use battery cells from another supplier. Read more…
Tesla raises the price of Model S and Model X – but adds free Supercharging
Tesla now offers free Supercharging for its Model S and Model X again – albeit with some restrictions. However, the starting prices of both models increase significantly in some cases, depending on the country. In Germany, the price tag now has six figures. Read more…
Revel to install 267 new DC fast-chargers in New York City
Company Revel has received a $60 million loan from the NY Green Bank to more than triple the number of public fast-chargers in New York City this year. It will fund the installation of 267 EV chargers across the Big Apple. Read more…
Tesla sells 33,703 cars in China in Jan, exports 29,535 from Shanghai plant
Tesla’s January retail sales within China were 15.49 percent lower year-on-year and 59.36 percent lower than in December.
The lower sales were partly due to disruptions caused by the Chinese New Year holiday.
Huawei, SAIC to launch new brand targeting young people, report says
The new brand will target a younger market, with vehicles starting at around RMB 170,000 to RMB 250,000, according to local media.
The first model will be based on an existing product from Rising Auto and is expected to hit the market in the fourth quarter of 2025.
Could Chinese automakers Dongfeng and Changhan merge?
Dongfeng and Changhan have both announced that they are looking to reorganise. The move has sparked rumours that the two could merge. If they do, they would become the fifth-largest auto group worldwide. Read more…
You Can Get Up To $6,000 Off A New Rivian EV If You Ditch Your Gas Car
Even if you change your mind about trading in, you can still get the discount. Read more…
Nio CEO highlights importance of sales volume, cost reduction in internal meeting
Li believes that sales are fundamental for the company as a whole.
Li also highlighted cost reduction and cited profitability as the second keyword.
Rivian starts selling electric vans to customers other than Amazon
Rivian has opened its order books for its electric delivery van (EDV) in the US, which it previously exclusively produced for the e-commerce giant Amazon. Prices start at just under 80,000 dollars. Read more…
