The two Japanese automakers signed a memorandum of understanding today. Read more…
CATL’s net profit up 24.5% in Q4 over Q3, overseas operations contribute more to 2023 revenue
CATL has 32.67 percent of its revenue coming from overseas in 2023, up from 23.41 percent in 2022, as it begins deliveries to foreign customers. Read more…
FEV presents high-voltage electric discharge detection system
Global engineering service provider FEV has presented a new solution called ‘Partial Discharge – High Voltage X’, or ‘PD-HVX’ for short. It is designed to provide early detection and prevention of partial discharge in high-voltage electric drive units. Read more…
Tesla wants to hire someone to eliminate need for its EVs to get service
Tesla is in search of a new senior manager who will focus on eliminating the need for the automaker’s service. They will be in charge of a new program called ‘Zero Service’. Read more…
Li Auto offers limited-time charging perks to increase Li Mega’s appeal
Between March 16 and April 15, Li Mega owners who use Li Auto’s supercharging stations to charge their vehicles will be rewarded with credits equal to the amount they pay per charge. Read more…
Skoda’s small electric SUV is called the Epiq
On the sidelines of the presentation of its annual figures, Skoda gave a preview of the announced entry-level electric SUV for 25,000 euros. The Skoda offshoot of the VW ID.2 X is called the Epiq and further develops the current Skoda design language. Read more…
Nio and CATL ally for longer-life EV batteries, swapping tech
Chinese automaker Nio is partnering with battery supplier CATL for research into longer-life EV batteries, including for use with Nio’s battery-swapping service. The two companies “will jointly carry out discussions, make technological breakthroughs and innovation, and promote product applications,” according to a Nio press release, with CATL… Read more…
Tesla Model Y Shines In 2023 U.S. Vehicle Registrations, But Gas Trucks Still Dominate
The world’s best-selling car of 2023 performed well on the home turf, but Ford sold far more trucks. Read more…
Rivian & JBPCO team up to develop electric transporter van
Rivian is making its way further into the commercial vehicle space, stripping the van body from its Rivian CV and combining its chassis with the Morgan Olson C250. Read more…
Nio’s new subsidiary is called Onvo and is to compete with Tesla
Nio is launching its first sub-brand under the name China Ledao (乐道) or Onvo. The official market launch is planned for May 2024. Images of the first model, which will be called Onvo L60, are already circulating online. Read more…
Nissan and Honda confirm cooperation – including on electric cars
The Japanese car manufacturers Nissan and Honda have officially confirmed plans for a strategic partnership for electric cars and other areas. The manufacturers’ intention to work together had been leaked shortly beforehand. Read more…
Dongfeng’s new NEV brand eπ launches 1st model, eπ 007 sedan, starting at $22,190
The eπ 007 is available in one EREV version and three BEV versions, and offers a limited-time RMB 30,000 discount on the BEV models. Read more…
VW concretises plans for €20,000 electric car
There have already been many rumours and vague statements, but now VW itself has held out the prospect of an electric model with a base price of around 20,000 euros for 2027. Although the carmaker is already working on the design, numerous fundamental issues regarding its realisation have yet to be decided. Read more…
Lithium Americas receives billion-dollar loan from US government
Lithium Americas, the lithium producer supported by General Motors, has received a conditional commitment from the US Department of Energy for a loan totalling 2.26 billion dollars. The additional capital will be used to advance the mining project in Nevada. Read more…
Tesla starts using Cybertruck as a mobile billboard – literally
Tesla has started using the Cybertruck as a literal mobile billboard as part of its advertising effort for the Model Y. Read more…
Zeekr starts sales of Zeekr 001, Zeekr X in Saudi Arabia, UAE
Zeekr has opened its first two flash stores in Saudi Arabia and the UAE, and will open its first Zeekr Space stores in both countries in April. Read more…
Hyundai and Iveco explore alliance for heavy-duty EVs
Hyundai and Iveco want to expand their partnership to include heavy-duty electric commercial vehicles. Iveco recently publicised its plans for a light electric commercial vehicle with Hyundai technology. Now, both sides also want to focus on heavy-duty tonnages. Read more…
SAIC abandoning EV unit Rising Auto, report says
Employees at Rising Auto are expected to be laid off by more than 70 percent, while the remaining employees are likely to get a pay cut, according to local media. Read more…
Fisker’s future hangs in the balance – EV maker seeks bankruptcy advisors
Fisker, once considered a rising star in the EV industry, is the latest to find itself in the crosshairs. After warning investors that its cash flow is drying up, the embattled EV company has reportedly brought in advisors to explore bankruptcy as an option. This news has triggered a staggering 50% plunge in Fisker’s already depressed stock prices. Despite posting… Read more…
Volvo Cars partners with Breathe for next-gen fast-charging
Volvo Cars has partnered Breathe Battery Technologies (Breathe), becoming the first car company to gain access to the latest version of its patented, algorithm-enabled charging software.
By integrating Breathe’s software into its in-house developed battery management platform, Volvo Cars aims to offer customers faster charging times and an enhanced driving experience. Read more…
