VinFast may enter the Indian market with locally assembled EVs instead of imported vehicles. The company is also considering fast-track operations at its upcoming local factory. Read more…
Fisker Hopes To Sell Remaining Ocean SUVs For $2,500-$16,500 Each In Bulk Deal
A leasing firm has agreed to buy around 3,000 Fisker Oceans for up to $46.25 million. Read more…
Toyota U.S. EV Sales Quadrupled In Q2 2024, Setting New Record
Plug-in hybrid models also had a great quarter. Read more…
U.S. Volkswagen ID.4 Sales Continued To Decrease In Q2 2024
The sales volume reached the lowest level since the supply crisis in Q2 2022. Read more…
Li Auto launches 0 down payment car purchase option to boost sales
Li Auto has launched a limited time 0 down payment car purchase program with a gift package of up to RMB 7,196, while the previous RMB 10,000 worth of benefits continue to be available. Read more…
Xpeng Mona M03 announced: compact EV with record-breaking aerodynamics
Xpeng has officially lifted the curtain on its latest offering, the Mona M03. It starts below RMB 200,000 (€25,600) and stands out with impressive aerodynamic efficiency. The Mona M03 has a drag coefficient of 0.194 Cd. This even beats the likes of the Tesla Model S, Model 3, Porsche Taycan, and Mercedes-Benz EQS. Such aerodynamic efficiency translates into improved energy… Read more…
China’s drone specialist DJI enters the electric bike market
The Chinese company DJI, particularly known for its camera drones on international markets, has launched a new e-bike brand called Amflow. The centrepiece is a drive system from DJI. Read more…
Hydrovolt expands battery recycling operations to France
Hydrovolt, the joint venture between the Swedish battery manufacturer Northvolt and the Norwegian aluminium producer Norsk Hydro, has made a final investment decision to set up recycling operations in Hordain in the north of France. Read more…
Hyundai and LGES inaugurate Indonesia’s first cell factory
The Hyundai Motor Group and LG Energy Solution (LGES) have inaugurated Indonesia’s first production plant for battery cells for electric vehicles. The two partners will be able to produce battery cells with an annual capacity of ten gigawatt-hours. Read more…
Moving a life and a half in the 2024 Mercedes-Benz eSprinter
As luck would have it, I got scheduled into a weekend with the 2024 Mercedes-Benz eSprinter exactly when I needed it. The third wettest Spring on record in Southeastern Wisconsin flooded my mom’s basement. Prior to moving from a condo to a house three years ago, I stashed a lot of my own clutter downstairs at her place to streamline my life… Read more…
Opel starts launching the Frontera in Europe
Opel is now accepting orders for the new Frontera Electric. In Germany, the model is available from €28,990 – with the small battery. The electric Frontera can also be ordered in the Netherlands, Spain, Italy and other European countries. Read more…
Northvolt reconsiders expansion plans
The Swedish battery cell manufacturer Northvolt has announced that it is reconsidering its previously announced expansion plans. The company apparently wants to hold on to its large cell factory in Canada – but the effects of the reassessment on the factory in Germany are still unclear. Read more…
China NEV retail at 864,000 in Jun, up 6% from May, preliminary CPCA data show
China’s NEV penetration at retail stood at 49.23 percent in June and 41.91 percent year-to-date. Read more…
BYD reaches record sales in June as BEV sales dip
Chinese electric car manufacturer BYD once again achieved record sales of vehicles with alternative drive systems in June. However, while fewer all-electric vehicles were sold than in May, BYD’s plug-in hybrids achieved a new record. Read more…
Maruti Suzuki to reveal its first EV in India in January 2025
Maruti Suzuki could introduce its first electric car in India in January next year. Additionally, the company could export it as a Suzuki model to Japan and Europe. Read more…
MegaCabs and XPulse cooperate to deploy 2,000 EVs in India
Delhi-based airport taxi company MegaCabs plans to add 2,000 EVs to its EV fleet. The company has partnered with charging service provider XPulse for this project. Read more…
Battery maker: Solid-state batteries to drastically fall in price by 2026
Chinese battery maker Sunwoda shared its views on the evolution of solid-state batteries. A whole bunch of companies are developing their solid-state solutions and Sunwoda is no exception, but the latest update from the company is important as it relates to the broader industry trends. According to Sunwoda, the price of solid-state batteries will match the current price of semi-solid-state… Read more…
Global EV battery market share in Jan-May 2024: CATL 37.5%, BYD 15.7%
CATL continues to be the world’s largest battery maker in Jan-May, but share continued to decrease, while BYD continues to increase its share. Read more…
Drone company DJI unveils new electric bike brand Amflow
After teasing the launch of its first two-wheeled product, the drone and camera powerhouse DJI has now unveiled an electric mountain bike under the Amflow brand. Take a look at the new Amflow PL, powered by DJI’s own new drive system. Read more…
Xpeng Mona M03 sedan makes debut, official launch set for Aug
Xpeng said the Mona M03 will be priced under RMB 200,000 yuan ($27,500) and will have the strongest smart driving capabilities in its class. Read more…