It’s a little more complicated than that, though. Here’s why. Read more…
Kia could scale back US production of the EV9
By building its large electric SUV EV9 in Georgia, Kia hoped to benefit from the US tax credits of the Inflation Reduction Act (IRA). However, stricter requirements concerning the origin of the batteries could put a damper on the US production plans for the EV9. Read more…
Renault 5 now available with a smaller battery
Renault has expanded its offering for the Renault 5 E-Tech Electric. Customers can now order the small electric vehicle with a new battery version called ‘Urban Range’ (40 kWh). This version lowers the price, though the long-awaited €25,000 model will not arrive until next year. Read more…
Daimler Buses adds eCitaro range
Daimler Buses has announced that a new battery generation will be available for all eCitaro variants from the beginning of 2026, which will provide significantly more range. In addition, the eCitaro with fuel cell range extender will also be able to run exclusively on hydrogen via a new operating mode. Read more…
Xiaomi’s EV business ends Q3 2024 with $1.3 billion in revenue
Xiaomi announced a remarkable €1.17 billion in revenue from its EV business in the third quarter of 2024, marking a 52.1% increase from Q2 2024. This surge in revenue is largely attributed to the successful launch and delivery of the Xiaomi SU7 series. Xiaomi delivered 39,790 SU7 EVs between July and September, bringing the total number of deliveries to 67,157… Read more…
ChargeEuropa and Meralco’s Movem to launch charging network in the Philippines
ChargeEuropa is an EV charging company based in Europe and has announced a strategic partnership with Movem, which is a subsidiary of Meralco -the Philippines’ largest energy provider. Read more…
China starts pilot transportation of EV batteries by rail with participation of CATL, BYD
Currently 90 percent of China’s power batteries are transported by road, and rail transportation is expected to reduce costs and improve efficiency. Read more…
BMW expands battery test centre in Wackersdorf
A year ago, BMW announced the construction of a new battery test centre at the Wackersdorf site. The first section of the centre has now gone into operation on schedule. Read more…
California amends emissions trading rule
California wants to draw more investments for cleaner fuel and transportation options and has upgraded the Low Carbon Fuel Standard (LCFS). The goal is to cut CO2 emissions in the transport sector by 90 per cent by 2045. Read more…
The Base Tesla Model Y Lease Price Is Now The Same As The Base Model 3
That’s even though the Model Y RWD costs $2,500 more than the Model 3 RWD when purchasing with cash. Read more…
Could Lion Electric go up for sale?
Lion Electric, a Quebec-based electric bus manufacturer, is struggling to overcome ongoing financial issues. In addition to further financing, the company’s management now also considers selling the company. Read more…
Xpeng posts 25% revenue growth in Q3 over Q2, gross margin hits record high of 15.3%
Xpeng reported a record gross margin of 15.3 percent in the third quarter, compared to negative 2.7 percent in the same period in 2023 and 14.0 percent in the second quarter of 2024. Read more…
Xiaomi reports more than 50% growth in Q3
For the third quarter of 2024, Chinese company Xiaomi reported a 52.1 per cent growth in revenue for its EV business compared to Q2/2024. Moreover, the carmaker increased its yearly delivery target for the SU7 series EVs. Read more…
A Mercedes-Benz CLA EV Prototype Drove 2,309 Miles In 24 Hours–A New Record
Thanks to its maximum charging rate of 320 kW, the prototype stopped for short, 10-minute charging breaks. Read more…
BYD reportedly developing its own smart driving chip
BYD is developing a smart driving chip with a computing power of 80 TOPS that will be used in the company’s models priced between RMB 80,000 ($11,060) and RMB 300,000, according to local media. Read more…
China EV insurance registrations for week ending Nov 17: Nio 3,800, Tesla 17,100, Xiaomi 5,700, BYD 94,700
Li Auto had 12,300 insurance registrations last week, Xpeng 6,300, Zeekr 6,000, Leapmotor 8,500 and Aito 7,200. Read more…
Wuling to build logistics cars based on CATL’s battery swap solution
SAIC-GM-Wuling has entered into a partnership with CATL to use the latter’s Choco-SEB battery swap solution in the logistics vehicle segment. Read more…
Tesla Model 3 wait time in China further shortened to 1-3 weeks
Tesla Model 3 wait time in China has been shortened from 2-4 weeks previously to 1-3 weeks, while the Model Y remains unchanged at 1-3 weeks. Read more…
Nio still hopes to expand global presence to up to 25 countries and regions by 2025
Nio hopes to enter more than 90 percent of overseas markets in the next five to ten years. Read more…
Damon insists its always-next-year 200 MPH electric motorcycle isn’t vaporware
Damon Motorcycles, the startup that in 2019 unveiled a flashy electric motorcycle intended to best its combustion engine-powered competition, has announced that it has gone public and will assemble its first production-intent motorcycles next year. Read more…
