Mercedes-Benz said it will cut redundant roles in China, and consolidation of the business will inevitably involve some staff.
A local media report yesterday said Mercedes-Benz China was laying off about 15 percent of its workforce.
EV4, Concept EV2 and PV5: Kia gives an outlook on its electric future
The Korean brand presented two new electric models and an electric study at the Kia EV Day. The design of the EV4 saloon and the PV5 van had already been shown in advance; now, the technical data follows – and a preview of a small electric car called EV2. Read more…
CATL, Baidu tie up for collaboration including jointly making autonomous cars
CATL and Baidu will explore the use of CATL’s batteries, battery swap products and services, and skateboard chassis in driverless vehicles.
The two will explore and create competitive driverless vehicle products and innovative business models.
Polestar to use Volvo dealer network
Polestar’s new sales strategy favouring traditional car dealerships is taking shape. In addition to online sales, the Geely brand will also use Volvo’s dealer network in the future to achieve its targeted growth. Read more…
New fully electric mixer from Renault Trucks drives on five axles
Renault Trucks and the German bodybuilder Schwing-Stetter have developed a fully electric mixer based on the former’s E-Tech C electric truck. The vehicle will be unveiled at the Baum trade fair in the beginning of April. Read more…
Li Auto to report Q4 2024 earnings on Mar 14
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.
Farizon SV electric vans go on sale in UK
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…
The Kia PV5 Is The Modular, Electric Van Of The Future
Kia says box-truck, refrigerated, wheelchair-accessible and even camper versions of the van are on the way. Read more…
Kia EV2 Concept: The Smallest Electric Kia Yet Has Big Plans
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…
Renault’s H2 subsidiary Hyvia is being liquidated
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 EV Day 2025 recap: EV4 is coming to US, plus an up-close look at the EV2 and PV5 [Video]
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…
Nio opens 1st swap station in UAE, its 1st in MENA region
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.
First peek inside the high-tech Xiaomi YU7
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, DJI to unveil on-vehicle drone system on Mar 2
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.
2026 Kia EV4: 391 Miles Of Range, Reasonable Price
It’s more affordable than a Hyundai Ioniq 6 and does things a little differently. Plus, there’s a hatchback option too. Read more…
China’s lithium industry gets long overdue relief as order intake and prices recover
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.
Analysts expect Nio’s battery swap business to break even by end of 2026
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.
WEX expands its mixed-energy fleet charging solution offerings in Europe
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…
Virtual test environments: enhancing vehicle bucks with greater capability and efficiency (Webinar)
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…
Honda’s $99 Prologue EV lease offer is too good to be true, but it’s still a crazy deal right now
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…
