LG Energy Solution plans to complete a pilot line for its dry electrode process at its Ochang plant in South Korea by the end of this year. The declared goal remains to achieve series production by 2028. Read more…
Xiaomi formally sets 2024 car delivery target of 120,000, reveals EV business financial performance for 1st time
In the second quarter of 2024, Xiaomi’s innovative businesses, including smart EVs, generated total revenue of RMB 6.4 billion ($900 million), with a gross margin of 15.4 percent. Read more…
Li Auto reaches 900,000 cumulative deliveries milestone
This means that Li Auto has delivered 26,655 vehicles so far this month, considering that it had 873,345 cumulative deliveries as of the end of July. Read more…
Ex-Tesla manager Tinucci joins Uber
Uber has hired Rebecca Tinucci, the former head of the Supercharger team who was sacked by Elon Musk a few months ago. Tinucci will become global head of sustainability at Uber and oversee the ride-hailing company’s transition to a zero-emission platform. Read more…
GAC Aion’s new plant goes into operation with annual capacity of 200,000 cars
The Changsha plant is GAC Aion’s third, and its other two plants have a combined annual capacity of 400,000 vehicles. Read more…
Waymo is testing more advanced 6th generation robotaxi from Zeekr
Waymo has consistently been at the forefront of autonomous driving with its fleet of robo taxis. Its latest offering, the Zeekr-built robotaxi, is yet another significant stride in their mission to make driverless taxis a common sight on American roads. Built on the foundation of a Chinese-made Zeekr electric minivan, this bubble-shaped vehicle comes with Waymo’s sixth-generation autonomous driving system… Read more…
Xpeng increases turnover and reduces losses
Chinese car manufacturer Xpeng has presented its latest financial figures for the second quarter. Sales rose to 8.11 billion yuan (around one billion euros) in Q2/2024, which is 60.2 per cent more than in the same period last year and 23.9 per cent more than in Q1/2024. Read more…
Ford pauses construction of Canadian cathode material plant again
Construction of the Ford, SK On and EcoPro BM cathode material plant in Becancour, Canada, has been halted for the second time this year. The cause of this renewed delay appears to be Ford’s changed priorities in the electric vehicle sector due to weak demand. Read more…
First Polestar 4 units delivered to European customers
Polestar has now also delivered the first units of the Polestar 4 in Europe, specifically to buyers in Germany, Norway and Sweden. In China, the electric SUV coupé has been handed over to customers since the end of 2023. Read more…
Tesla Cybertruck $50,000 Anti-Flipping Clause Is Gone Again
The on-again, off-again deterrent has reportedly been removed from the updated version of the sales agreement. Read more…
Audi begins final talks on Brussels plant
This week, the VW subsidiary Audi started the statutory consultation process with employees, which is mandatory in Belgium before possible mass redundancies. Various options remain on the table, but the union expects the worst. Read more…
Hybrids Trump EVs, Gas Cars In Customer Satisfaction Study
Tesla, Mercedes-Benz, Toyota and Subaru lead the pack in their segments. Read more…
Avatr unveils extended-range system to capitalize on hybrid preference and boost sales
Avatr has unveiled an extended-range system called Kunlun, which will first be used in the Avatr 07 SUV. Read more…
EU revises extra tariffs for Chinese made EVs, Tesla gets the lowest rate at 9%
Tesla is catching a break in the EU, it seems. The company’s cars imported into the bloc from China are now proposed to get only a 9% additional tariff, which is a big step down from the initially proposed 20.8% when the EU started its investigation into Beijing’s support of its domestic EV industry. The EU has today also adjusted… Read more…
Cooper Standard debuts eCoFlow Switch Pump to simplify thermal management
Cooper Standard has debuted the first member of its new eCoFlow product line.
The eCoFlow Switch Pump, created in partnership with Saleri Group, offers the features of an electric water pump and an electrically driven valve in a single, integrated, coolant-control module. Read more…
Zeekr sees Q2 revenue up 36% from Q1, gross margin rises to 17.2%
Zeekr reported gross margins of 17.2 percent in the second quarter, compared to 12.3 percent in the second quarter of 2023 and 11.8 percent in the first quarter of 2024. Read more…
Zeekr gets L3 autonomous driving test permit in Hangzhou after Shanghai
Zeekr has been awarded an L3 autonomous driving test permit in Hangzhou, and will be able to test the L3 capabilities of its SEA Intelligent Driving system on the city’s highways and urban expressways. Read more…
Tesla Semi on fire, Uber supercharges its C-suite, and Rivian gets bigger
On today’s episode of Quick Charge, we take a break from watching the DNC’s coronation party to talk about Chinese EV trade wars, Tesla Semi trucks on fire in California, and Rivian making Normal even better than it already is. Read more…
SAIC to integrate IM Motors and Rising Auto’s R&D teams to reduce costs, report says
The R&D teams of IM Motors and Rising Auto, and power battery, smart driving, and chassis technology programs, will be relocated to SAIC’s R&D innovation headquarters, according to local media. Read more…
Velotric T1 e-bike with 100-mile range and Smart+ Hub at $1,599, new Anker Solix C800 Plus bundle $999, Hiboy e-scooter discounts, more
It’s a day of big-name brand sales we’ve got for today’s Green Deals. Leading the pack is Velotric’s T1 e-bike that is not only discounted by $600, but is being given a free range extender battery (for a total 100-mile range) during the brand’s ongoing Summer Sale for a $1,599 low. It is joined by the second wave of savings in Anker’s Fan Fest Mega Sale that is seeing the SOLIX C800 Plus Portable Power Station bundled along with a 100W solar panel and an EverFrost 30 Portable Electric Cooler for $999, among other great deals. There’s also Hiboy’s S2 Pro Electric Scooter that is back down at its $400 low, with all the other e-scooters that are seeing discounts from the brand’s ongoing Back to School Sale – including a separate one-day deal on the KS4 Pro Foldable Electric Scooter that is down at $380 over at Best Buy. Plus, all the other hangover Green Deals that are still alive and well, like the flagship EGO Power+ 56V 21-Inch Cordless Electric Select Cut XP Lawn Mower that is $102 off or last week’s Rad Power sale that has the RadRover 6 Plus e-bike down at $999, as well as a few free extra battery offers too (ending tonight).. Read more…
