The Swedish battery cell manufacturer Northvolt has announced that it is reconsidering its previously announced expansion plans. The company apparently wants to hold on to its large cell factory in Canada – but the effects of the reassessment on the factory in Germany are still unclear. Read more…
China NEV retail at 864,000 in Jun, up 6% from May, preliminary CPCA data show
China’s NEV penetration at retail stood at 49.23 percent in June and 41.91 percent year-to-date. Read more…
BYD reaches record sales in June as BEV sales dip
Chinese electric car manufacturer BYD once again achieved record sales of vehicles with alternative drive systems in June. However, while fewer all-electric vehicles were sold than in May, BYD’s plug-in hybrids achieved a new record. Read more…
Maruti Suzuki to reveal its first EV in India in January 2025
Maruti Suzuki could introduce its first electric car in India in January next year. Additionally, the company could export it as a Suzuki model to Japan and Europe. Read more…
MegaCabs and XPulse cooperate to deploy 2,000 EVs in India
Delhi-based airport taxi company MegaCabs plans to add 2,000 EVs to its EV fleet. The company has partnered with charging service provider XPulse for this project. Read more…
Battery maker: Solid-state batteries to drastically fall in price by 2026
Chinese battery maker Sunwoda shared its views on the evolution of solid-state batteries. A whole bunch of companies are developing their solid-state solutions and Sunwoda is no exception, but the latest update from the company is important as it relates to the broader industry trends. According to Sunwoda, the price of solid-state batteries will match the current price of semi-solid-state… Read more…
Global EV battery market share in Jan-May 2024: CATL 37.5%, BYD 15.7%
CATL continues to be the world’s largest battery maker in Jan-May, but share continued to decrease, while BYD continues to increase its share. Read more…
Drone company DJI unveils new electric bike brand Amflow
After teasing the launch of its first two-wheeled product, the drone and camera powerhouse DJI has now unveiled an electric mountain bike under the Amflow brand. Take a look at the new Amflow PL, powered by DJI’s own new drive system. Read more…
Xpeng Mona M03 sedan makes debut, official launch set for Aug
Xpeng said the Mona M03 will be priced under RMB 200,000 yuan ($27,500) and will have the strongest smart driving capabilities in its class. Read more…
BYD’s BEV sales to overtake Tesla in 2024, says Counterpoint
BYD’s BEV market share is set to surge in 2024, the year it is expected to overtake Tesla in BEV sales. This shift underscores the dynamic nature of the global EV market, said Counterpoint. Read more…
Sunwoda expects all-solid-state battery costs to fall to levels near semi-solid-state batteries by 2026
Nio president previously mentioned that its 150-kWh semi-solid-state battery pack costs about the same as an ET5, which starts at RMB 298,000. Read more…
Huawei to transfer Aito trademarks and patents it holds to Seres for $340 million
Aito is a premium car brand launched by Seres with Huawei on December 2, 2021, and is the first new brand launched by Huawei in partnership with a carmaker. Read more…
Li Auto plans to open its 1st overseas after-sales service store in Kazakhstan this month, report says
Li Auto said its vehicle fleet has reached over 1,000 units in Kazakhstan, and the local after-sales service is in high demand. Read more…
EV sales slump? No one told Blue Bird (BLDB), their stock is soaring!
EV stocks have had a rough couple of months, but Georgia-based bus brand Blue Bird has seen its stock price more than double in the last year as the company’s electric buses make their way to school districts around the country. Read more…
Hydrogen trucks retreat from Australia as battery electric sales surge
Hydrogen fuel cell specialists Hyzon have announced plans to quit Australia even as sales of battery electric commercial trucks climb. Read more…
Canada launches 30-day consultation to consider tariffs on EVs imported from China
The only China-made EVs currently imported into Canada are from Tesla, and local Chinese branded EVs have yet to be sold in Canada. Read more…
IPO-bound Hozon tempts investors with overseas drive
Neta Auto parent Hozon has filed to list in Hong Kong, targeting customers at home and abroad with its affordably priced vehicles. Read more…
Audi teases sleek Q6 E-Tron Sportback, RS Q6 E-Tron, and PPE-Based A6
Audi just confirmed a Q6 E-Tron Sportback is on the horizon, and will come alongside the high-performance RS Q6 E-Tron. During the Q6 E-Tron launch event, Audi gave attendees a glimpse of the Q6 E-Tron Sportback, teasing its sloping roofline. We got not further details on the upcoming model, unfortunately. Audi also confirmed the development of an RS Q6 E-Tron,… Read more…
Luxury at sea: First ride on the all-electric TRIDENTE boat from Maserati and Vita Power [Video]
Part of my recent trip to Northern Italy with Maserati included a riveting cruise around Lake Maggiore on the all-electric TRIDENTE boat. Designed by Maserati and propelled by Vita Power, this luxury day boat is as swanky as it is fast… and comes with a price tag to match. Read more…
Hispano Suiza will do a hill climb and show off its new 1,114 hp Carmen Sagrera at Goodwood
Boutique electric hypercar developer Hispano Suiza announced it would return to the Goodwood Festival of Speed this month to showcase two of its latest vehicles. One on display will be its newest model, the Carmen Sagrera, which packs four motors that combine for 1,114 horsepower. Read more…
