Swiss mining and commodities group Glencore is helping the Canadian battery recycling company Li-Cycle with a liquidity injection of 75 million dollars. Li-Cycle has been struggling with a financial bottleneck since construction work on a new plant in the USA was interrupted in November. Read more…
Nissan and Honda look to cut production capacities in China
Nissan and Honda are preparing to significantly reduce their production capacities in China. The background to this is allegedly that the Japanese car manufacturers are finding it difficult to keep up with Chinese competitors in the race for electric cars. Read more…
2025 Polestar 3 starts at $74,800 and 315 miles, US deliveries in Q2
The 2025 Polestar 3 will arrive for first deliveries in the U.S. in the second quarter of 2024, at a starting price of $74,800, and it’s now available to configure and order, the company announced Tuesday. At launch, the entire 2025 Polestar 3 lineup will have dual-motor all-wheel drive, with an output of 489 hp and 620 lb-ft of torque, and… Read more…
Incoming 2025 Polestar 3 gains additional variants and now starts at a lower price
Just ahead of first deliveries in the US later this year, Polestar has introduced two additional variants of the 2025 Polestar 3 SUV, including a new base-level dual motor version that starts at a price of $73,400. Other updates include add-on packages that are now standard and eligibility for lease incentives. Read more…
Polestar 3 Price Reduced By $10,500, Range Increased By Up to 15 Miles
The base version starts at $73,400, while the Performance one has a $79,400 MSRP. Read more…
Volkswagen Group Reaffirms Internal Combustion Will Be ‘Phased Out’ Eventually
Plus, Ford and Tesla get nailed for driver-assistance systems, and when it comes to “software-defined cars,” you ain’t seen nothin’ yet. Read more…
Get a free Nio Phone with your new electric ride
Chinese automaker Nio is running a new promotion in its homeland. Starting this month everyone who grabs a new 2024 Nio car, will receive a free Nio Phone. The Nio Phone isn’t your average freebie. It’s a seriously capable smartphone that seamlessly integrates with Nio vehicles. Powered by the Snapdragon 8 Gen 2 chipset, it won’t leave you wanting for… Read more…
China’s NEV retail at 154,000 in Mar 1-10, up 64% from same period last month
Retail penetration of NEVs in China rebounded to 43.38 percent in the March 1-10 period. Read more…
From empty land to parked cars: Satellite images show how fast Xiaomi’s EV plant was built
The Xiaomi EV factory, which started construction in April 2022, has seen an increasing number of vehicles parked in the parking lot in the last ten days. Read more…
Subaru and Aisin will develop eAxels together
Subaru and Japanese automotive supplier Aisin have agreed on a cooperation to jointly develop and produce eAxles for battery-electric cars. These will be used to power the new electric vehicles that Subaru plans to build from the second half of this decade. Read more…
EU Parliament wants to allow higher maximum weight for zero-emission lorries
Following the Transport Committee, the EU Parliament has now also voted in favour of increasing the maximum weight and length of zero-emission trucks. This finalises the Parliament’s position ahead of the negotiations with the Council. Read more…
Nio Alps’ official name could be Onvo; camouflage-free spy shots revealed
Two camouflage-free spy shots of a model purportedly under Nio’s second brand are circulating on social media today, with the rear end showing the vehicle’s English brand name as Onvo. Read more…
Nio’s 2024 models see shorter wait times
The ET5 and ES7 had the longest wait times at 7-8 weeks and 8-9 weeks, respectively, while the ET5 Touring, ES6, EC6, EC7, and ES8 all had 2-3 weeks. Read more…
Nio to unveil strategy on long-life batteries, upgrade of BaaS service on Mar 14
Nio’s BaaS (battery as a service) service will be upgraded and the company will hold a user communication session following the announcement of the strategy. Read more…
Hyundai Ioniq 5 N price is out
Hyundai finally unveiled the much-anticipated Ioniq 5 N last July, and it’s made its debut in North America in November. It will be available at dealers in the US later this month, and today we finally have pricing for it. The Ioniq 5 N costs $66,100 plus a $1,375 “freight” fee, for a total of $67,475. That’s it, this is… Read more…
Huawei and BAIC’s joint brand Stelato files for 1st model S9 sedan
Local media reported earlier this month that the model will be unveiled at the Beijing auto show at the end of next month and will be officially launched in June. Read more…
Zeekr files for new 5-seat all-electric MPV Zeekr Mix
The Zeekr Mix is smaller than Zeekr’s other MPV, the 009, meaning the price could be lower. Read more…
Volvo invests in Breathe’s software to speed up EV charging
Volvo is partnering with UK startup Breathe Battery Technologies to bring faster and smarter charging to all of its upcoming electric cars. Volvo’s Tech Fund corporate venture capital arm is investing in Breathe an undisclosed amount, which would see the startup’s charging tech make it to Volvo EVs. Breathe’s algorithm-enabled charging software promises to optimize and improve the charging performance… Read more…
Xiaomi files for new variant of SU7 ahead of its official launch
That new version of the Xiaomi SU7 is a single-motor model with more weight, which could mean a larger battery pack and range. Read more…
Range Energy offers a calculator for commercial fleets to calculate the potential savings from its electric trailers
Range Energy’s powered trailers offer a novel solution to the challenges of electrifying long-haul on-road trucks, allowing haulers to enjoy the savings of electrification without the up-front investment required to buy electric tractors. Range Energy’s smart trailers are designed to easily hook up to any tow vehicle, and increase fuel efficiency (or boost the range… Read more…
