Avatr starts offering EREV variants of the Avatr 12 at a starting price of RMB 269,900 ($37,360).
A recent video has raised questions about the drag coefficient of the Avatr 12.
The New Model Y Isn’t Saving Tesla
Tesla isn’t lifted by its updates to the world’s best-selling car. Plus, Rivian weighs a tariff impact, and battery swapping rises. Read more…
Holon appoints Markus Schlitt as new CEO
Holon is driving forward the series production and market launch of its fully electric autonomous shuttle with a new top management team: Markus Schlitt took over as CEO and Managing Director of Holon on 1 May 2025. He succeeds Henning von Watzdorf, who is currently in talks about a new management role at Benteler. Read more…
Liquidation likely for Lion Electric
Lion Electric, a Canadian manufacturer of electric school buses and other commercial vehicles, faces imminent liquidation after the Quebec government pulled the plug on a public bailout. If the company falls through, it would mark a huge setback for the province’s EV ambitions. Read more…
Liquidation likely for Lion Electric
Lion Electric, a Canadian manufacturer of electric school buses and other commercial vehicles, faces imminent liquidation after the Quebec government pulled the plug on a public bailout. If the company falls through, it would mark a huge setback for the province’s EV ambitions. Read more…
Rivian Cut Production Costs By Over $20,000 This Year
Add the cost slashing from last year’s final quarter, and Rivian managed to cut production costs by over $50,000. Read more…
Hyundai to source steel and battery materials from Posco
The Hyundai Motor Group and the South Korean company Posco have agreed to cooperate on low-carbon steel and battery materials such as lithium and active anode materials. The two companies’ cooperation on steel focuses on plants in the USA, allowing Posco to supply markets in the US without tariff hurdles. Read more…
Amperfied enters the DC charging business
Amperfied, the charging infrastructure subsidiary of Heidelberger Druckmaschinen AG, is presenting its modular DC fast charging solution under the name Amperfied Dynamic DC at the Power2Drive trade fair. Amperfied also intends to offer associated charging services. Read more…
German-Chinese joint venture coats battery separator films
The German thin film specialist Leonhard Kurz and the Chinese tech company Horizon have formed a European joint venture called Horizon-Kurz New Material Technology . Read more…
US public charging now easier for Hyundai drivers
Hyundai has just announced a pair of new charging features intended to greatly simplify the public charging experience for a wide range of newer Hyundai EVs. They’ve been added to the Bluelink app and can be used immediately. Read more…
Mitsubishi’s New EV Is Coming To The U.S. Next Summer
After a long hiatus following the discontinuation of the i-Miev in 2017, Mitsubishi is back in the EV game—with Nissan’s help. Read more…
Xpeng mulls flying car unit IPO in HK or US, report says
Xpeng has invited banks to pitch for a role in an IPO that could take place in Hong Kong or the US, according to Bloomberg.
Xpeng Aeroht’s last financing was a $150 million series B1 round in August 2024.
CPCA estimates China NEV wholesale up 42% year-on-year to 1.14 million in Apr
China’s wholesale sales of passenger NEVs were estimated at 1.14 million units in April, up 42 percent year-on-year and up 1 percent from March.
Among the major carmakers’ NEV wholesale sales, BYD stood at 372,615 units, Geely at 125,563, and SAIC-GM-Wuling at 77,878.
Refreshed RWD Tesla Model Y hits the States
Tesla has just opened its order books for a refreshed version of its Long Range RWD Model Y in the US. Starting at $45,000 (before incentives), it’s one of the most affordable Teslas available – but this comes at a slight performance cost. Read more…
Tesla China sells 58,459 cars in Apr, down 6% year-on-year
This was down 5.96 percent from 62,167 vehicles sold in the same month last year and down 25.84 percent from 78,828 units in March.
In the January-April period, Tesla China sold 231,213 vehicles, a decrease of 18.31 percent year-on-year.
Tesla unveils more affordable RWD Model Y in the US
Tesla has expanded its Model Y lineup in the United States with the introduction of a new Long Range Rear-Wheel Drive (RWD) variant. This new entry-level option for the updated Model Y, which underwent a design refresh earlier this year, is now available for order starting at $44,990. Previously, American customers could only order the refreshed Model Y in a… Read more…
Rivian achieves important interim goal in VW partnership
The US electric car manufacturer Rivian has achieved a gross profit for the second quarter in a row – which is a prerequisite for billion-euro financing from its partner Volkswagen. However, not all the figures in the quarterly balance sheet are positive, as Rivian has lowered its delivery forecast for 2025. Read more…
Mennekes to also offer DC charging stations from 2026
The German charging specialist Mennekes, which has already established a business in AC electric vehicle charging cables and wallboxes, is now entering the DC fast-charging station business. Mennekes is acquiring the ownership rights to DC charging systems from Munich-based startup Charge-V as part of an asset deal. Read more…
The Volvo XC70 Returns As A Long-Range Plug-In Hybrid
Volvo’s first long-range PHEV promises 124 miles of pure electric driving, albeit based on the optimistic Chinese test cycle. Read more…
Geely proposes to take Zeekr private
The proposed purchase price is $25.66 per Zeekr ADS, a premium of 13.6 percent from the last trading session. Read more…
