BYD said it expects net income in the first quarter to be between RMB 8.5 billion and RMB 10 billion, an increase of 86.04 percent to 118.88 percent year-on-year. Read more…
Global EV battery market share in Jan-Feb 2025: CATL 38.2%, BYD 16.9%
CATL and BYD’s combined EV battery installed capacity in January-February was 71.5 GWh, accounting for 55.1 percent of the global total.
There are six Chinese companies in the top 10.
Analysts see limited impact of US tariffs on Chinese automakers
In 2024, about 116,000 vehicles were exported from China to the US and were dominated by US-branded models, analysts said.
For Chinese car companies operating in Mexico, the Latin American market is their focus.
Ample to partner with Japanese OEMs deploying swapping stations in Tokyo
Ample, a battery-swapping technology company, is teaming up with Mitsubishi Fuso Truck and Bus (MFTBC) and Mitsubishi Motors, to deploy a network of swapping stations in Tokyo that will each be able to support over 100 vehicles. The initiative, which will focus on supporting commercial fleets, initially targeting delivery vehicles, is backed by a grant… Read more…
Swedish miner LKAB to complete first test of electric truck
Swedish state-owned mining company LKAB is nearing completion of the first phase of testing the electric Scania Heavy Tipper truck above ground in Malmberget, Sweden after approximately 50,000 km driven. The battery-powered trucks are part of LKAB’s goal to electrify the vehicle fleet throughout its value chain, from mine to finished product. LKAB brought the Heavy… Read more…
Xiaomi YU7 to offer cool views and cooler cabin with smart glass roof
Xiaomi’s EV lineup is about to double with the introduction of the YU7, a new electric SUV. The latest images have provided a first look at the YU7’s roof, sporting an intriguing purple tint. Some details about the vehicle have already been revealed, but now we can see that the YU7 will use the same impressive sun protection technology used… Read more…
Renesas unveils Li-ion battery management platform with pre-validated firmware
Japanese semiconductor firm Renesas Electronics has introduced an all-in-one system for managing lithium-ion battery packs in consumer products, including e-bikes. The Ready Battery Management System with Fixed Firmware (R-BMS F) comes with pre-validated firmware to reduce the learning curve for developers, enabling rapid designs of safe, power-efficient battery management systems. Designed for lithium-ion batteries in… Read more…
PULSETRAIN secures €6.1 million to develop integrated BMS, inverter and charging electronics
German startup PULSETRAIN has raised €6.1 million in seed financing to develop its powertrain technology. The financing round was led by Vsquared Ventures and Planet A and joined by Climate Club. PULSETRAIN said it will use the funds to accelerate its product development as the company prepares to industrialize and scale. PULSETRAIN takes a holistic… Read more…
I tried taking a tiny e-bike kayak-camping on a deserted island. Here’s what happened
When I first looked at the JackRabbit XG Pro, my instinct was to take it somewhere wild. Sure, it’s designed to be a compact, fun-sized ride for urban zipping and off-road excursions — but what if I took it even further? What if I used it to tow a kayak… to the beach… and then paddled that kayak with the e-bike strapped to it to a deserted island to go camping. Read more…
I tried taking a tiny e-bike kayak-camping on a deserted island. Here’s what happened
When I first looked at the JackRabbit XG Pro, my instinct was to take it somewhere wild. Sure, it’s designed to be a compact, fun-sized ride for urban zipping and off-road excursions — but what if I took it even further? What if I used it to tow a kayak… to the beach… and then paddled that kayak with the e-bike strapped to it to a deserted island to go camping. Read more…
Tesla’s long-time top engineer launches new energy startup: Heron Power
Drew Baglino, a long-time top executive at Tesla who exited last year, has launched a new energy startup: Heron Power. Read more…
Barcelona’s new electric commuter ferry runs for 21 hours on a single charge
The Port of Barcelona launched the Ecocat Tres, a highly efficient, all-electric commuter ferry powered by Molabo’s ARIES i50 electric motors. Read more…
Nissan’s new LEAF EV was caught at a Tesla Supercharger in Canada
The next-gen LEAF is almost here, and it’s looking better than ever. This isn’t the electric hatch you are used to seeing. Nissan’s new LEAF EV has more range, a fresh crossover design, and yes, it can finally charge up at Tesla Superchargers with an NACS port. With the official reveal just around the corner, someone already spotted the new LEAF at a Tesla charger in Canada. Read more…
Volkswagen teases interior of the affordable electric ID.1
Volkswagen is going back to its roots and calling on its long history of building popular small cars. The company is preparing to launch a new, budget-friendly electric vehicle called the ID.1. This compact EV promises to make electric mobility accessible to more people, with a starting price of around €20,000. Expected to hit the roads in 2027, the ID.1… Read more…
BYD enters Switzerland as it continues European expansion
The first BYD models available in Switzerland include two BEVs and a PHEV.
By the end of this year, BYD will have 15 sales points in Switzerland.
CATL in talks to buy controlling stake in Nio Power, report says
CATL made the offer after announcing an investment of up to RMB 2.5 billion in Nio Power in March, according to Reuters.
Nio Power was valued at more than RMB 10 billion in a 2024 funding round.
Nio completes HK$4.03 billion new share offering
Nio completed the offering of 136,800,000 class A ordinary shares at an issue price of HK$29.46 per share.
Nio closed down 14.78 percent to HK$24.50 on the Hong Kong stock market today as the global trade war escalated.
SK Innovation’s iParking selected as EV charging implementation agency in South Korea
South Korean firm SK Innovation E&S has announced that its EV charging and parking platform subsidiary, iParking, has been selected as the project implementation agency for the 2025 Electric Vehicle Rapid and Slow Charging Facility Support Project hosted by South Korea’s Ministry of Environment. The project provides subsidies to companies installing public slow charging facilities… Read more…
Made in the USA: Amsted Automotive announces new products for off-highway EV manufacturers
Amsted Automotive has added new capacity and product offerings to serve the off-highway electric vehicle (OHEV) market in the US. “It has always been Amsted’s strategy to manufacture in the customer’s region,” said Bill Kerfin, President of Amsted Automotive. “Having local engineering teams and manufacturing facilities improves efficiencies and minimizes costs, which is especially true… Read more…
Tesla no longer offers the Cybertruck’s range extender battery option
Tesla launched its Cybertruck back in 2023, but at a higher price and lower range than promised. Instead of a €63,000 truck with more than 805 km on a single charge, Tesla delivered the Cybertruck with merely 523 km, starting at €72,000. Shortly after the release, the company promised to offer a range extender battery pack that brings the range… Read more…
