Li Auto delivered 158,696 cars in the fourth quarter, below the lower end of its guidance range of 160,000 to 170,000 units.
It had previously guided fourth-quarter revenue to be between RMB 43.2 billion ($5.94 billion) and RMB 45.9 billion, up 3.5 percent to 10.0 percent year-on-year.
Geely subsidiary Farizon has opened the order books for its latest electric vans in the UK. The Farizon SV comes in five sizes with three battery options, and will hit the road this spring. Read more…
Kia says box-truck, refrigerated, wheelchair-accessible and even camper versions of the van are on the way. Read more…
While it’s a concept, Kia says this tiny powerhouse has vehicle-to-load charging, over-the-air updates and everything else you’d expect. Read more…
Hyvia, the fuel cell joint venture between Renault and US company Plug Power, has been undergoing insolvency proceedings in France since December. It is now clear that the company will be liquidated due to a lack of takeover bids. Read more…
Kia recently held its annual EV Day event overseas, and we were one of the select outlets invited to attend in person. During that time, Kia executives outlined the Korean brand’s global EV strategy, which reiterated its unwavering approach to going all-electric, bolstered by several new models that made global debuts, including the Concept EV2, PV5 lineup, and the Kia EV4, which we learned will officially be sold in the US. Read more…
In the UAE, a single battery swap service costs AED 119 ($32) for a 100-kWh battery pack and AED 99 for a 75-kWh pack.
Nio aims to expand its global presence to as many as 25 countries and regions by the end of 2025.
Xiaomi’s second EV, the YU7, is getting ever so close to its official debut. Recent spy photos reveal a cabin designed for tech enthusiasts and comfort-seekers alike. Xiaomi, known for its smart devices and its highly successful SU7 electric sedan, is bringing that expertise into this new electric SUV. One of the new features is the absence of a traditional… Read more…
BYD already has a drone system on the Yangwang U8, and has filed for variants with the system for several less expensive models.
The system will allow the drone to follow the vehicle and record moments of travel.
It’s more affordable than a Hyundai Ioniq 6 and does things a little differently. Plus, there’s a hatchback option too. Read more…
There have been frequent cases of LFP producers receiving large orders, and some of the big players are raising prices.
Rising demand and product technology iterations are the two main reasons for the recent price hikes, analysts said.
As Nio’s car sales rise, the number of battery swap services is expected to grow rapidly, analysts said.
They expect Nio to see a big improvement in the bottom line in 2025.
Global commerce platform WEX has announced the expansion of its EV charging solution for commercial fleets to new European markets. WEX’s comprehensive EV charging platform provides fleet operators with reports designed to simplify operations, provide real-time insights into charging activity, and streamline billing and driver management. It supports both En Route and At Home charging… Read more…
Join this webinar at our March Virtual Conference on EV Engineering, presented by ACL, as we dive into an innovative approach to building vehicle bucks with greater efficiency and enhanced functionality. Designed to streamline development and testing, this virtual test environment enables faster prototyping, improved validation processes, and greater adaptability for a wide range of… Read more…
A nearly $50,000 electric SUV for just $99 a month? If that sounds too good to be true, it’s because it kind of is. One Honda dealer is promoting a Prologue lease offer for just $99 for 24 months, but you may have a hard time getting your hands on one. Read more…
Several well-known players in the US electric bicycle market have recently joined forces in creative ways. Electric Bike Company, known for its local manufacturing in Southern California, has just announced a major merger with Integral Electrics, an e-bike brand uniquely designing electric bicycles for women and other short statured riders. Read more…
Specialty minerals company ICL has signed a joint venture agreement with Chinese battery metals producer Shenzhen Dynanonic to establish lithium iron phosphate (LFP) cathode active material (CAM) production in Europe. The JV will have an initial investment of approximately €285 million. A new facility at ICL’s site in Sallent, Spain is currently in the planning… Read more…
NACS will debut in Nissan-branded pure EV in 2025, be available in 2026 Unclear whether that’s refreshed Ariya, or next-generation Leaf Nissan won’t immediately renew home charging around NACS Nissan was the first Japanese automaker to confirm a switch to the Tesla-based North American Charging Standard (NACS) connector for future… Read more…
Another global luxury automaker is cutting jobs after struggling to keep pace as the industry shifts to electric vehicles (EVs). With EVs gaining market share in most major regions, some are starting to get left behind. Read more…
Europe will give €100 billion in short-term relief to clean manufacturing in order to compete with China, as it unveiled today in its Clean Industrial Deal. The money comes at the same time as the US is actively seeking to harm its manufacturing sector and send clean jobs to China. Read more…
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