The Denza N9 SUV’s flash charging edition starts at 409,800 yuan ($60,260), significantly lower than its previously announced pre-sales price. Read more…
California launches $1 billion rebate programme for electric trucks
California has opened applications for a new rebate programme for electric medium- and heavy-duty trucks. Backed by more than $1 billion through 2030, the initiative aims to accelerate fleet electrification and strengthen the state’s position in the global zero-emission vehicle market. Read more…
USA: BMW introduces discounted charging rates at Ionna network
BMW has launched a preferred pricing programme for BMW and Mini EV drivers at Ionna charging locations across the United States. The offer provides a 20% discount on charging sessions and is integrated via Plug & Charge and the My BMW App. Read more…
Green SM to deploy more than 18,000 VinFast EVs across the Philippines
Vietnamese electric taxi operator and leasing provider Green SM has announced plans to deploy up to 18,497 VinFast EVs across the Philippines. The agreement could mark the largest bulk deal for VinFast EVs in the country. Read more…
Ford plans new compact EV and additional models for Europe
Ford plans to introduce five entirely new passenger car models by the end of 2029, all manufactured in Europe for the European market. These include a fully electric compact car, a small electric SUV, and three models available with various powertrain options. Read more…
BMW Is Working On A Cheaper Neue Klasse EV
The next-generation 1 Series is getting a dedicated electric version riding on the Neue Klasse platform. Read More…
Xpeng advances Southeast Asia push with Indonesian factory takeover
Xpeng acquired a 90.1% stake in Indonesian auto assembly entity EIDO. Read more…
Dongfeng to build new Peugeot and Jeep models for Stellantis
Stellantis is expanding its partnership with the Chinese state-owned company Dongfeng. However, contrary to expectations, this does not involve the production of Dongfeng vehicles in European Stellantis plants. Instead, the focus is on manufacturing Jeep and Peugeot models at Dongfeng’s facilities in China. Read more…
Gotion receives €92 million for two battery projects in Spain
Chinese battery manufacturer Gotion High-Tech has been provisionally awarded €92 million under Spain’s Perte VEC funding program to advance two battery projects in Valladolid. These include a production facility for battery cathodes and a battery recycling plant. Read more…
Xiaomi sets up subsidiary for battery and electric motor production
Xiaomi has set up a subsidiary called Beijing Xiaomi Jingxu Technology, which is intended to produce electric motors and batteries. According to Chinese media, Xiaomi plans a joint-venture battery factory with an annual capacity of 15 GWh, which is expected to begin production later this year. Read more…
Nidec to withdraw from e-axle business
Nidec is seeking to exit its e-axle business in China and Europe: To this end, the Japanese industrial group plans to withdraw from Guangzhou Nidec Auto Drive System, a joint venture established in 2019 with partner GAC. In Europe, a joint venture with Stellantis is affected. Read more…
Tesla’s Model Y Price Bump Makes The Ioniq 5 And Mustang Mach-E Look Better Than Ever
The Model Y’s price has been stable for the last two years, but times have changed. Read More…
Xpeng rolls out first mass-produced robotaxi, plans pilot operations in H2
Xpeng plans to launch pilot robotaxi operations in the second half of this year to validate technical viability, user acceptance, and its business model. Read more…
VW significantly cuts overcapacity in Germany
Volkswagen agreed with Germany’s IG Metall union at the end of 2024 to cut domestic production capacity by more than 700,000 vehicles and has now largely completed the reduction. Meanwhile, Xpeng confirmed talks with Volkswagen about the use of a plant in Europe. Read more…
Auto influencer ordered to pay hefty damages to BYD in landmark defamation ruling
BYD won second-instance judgment against a prominent auto blogger, securing 2 million yuan ($293,510) in damages. Read more…
GM’s Secret Trick To Make The Chevy Bolt EV Cheaper: Build Them 30 At A Time
The Chevy Bolt is America’s cheapest new EV. To make that happen, GM flipped the script on car manufacturing. Read More…
Volkswagen brings back ID. Buzz to the US
Volkswagen has confirmed the return of the ID. Buzz to its North American line-up for model year 2027 following a one-year hiatus. And even the ID. 4 will get a ‘future version,’ despite its currently low sales figures. Read more…
Nio ES8 selected as official vehicle for 2026 APEC trade meeting
The move is expected to further elevate Nio ES8’s brand image in the premium executive market. Read more…
Huawei-backed Maextro to launch S800 Grand Design in June
The luxury sedan is expected to be priced at around 2 million yuan ($293,580). Read more…
Analysts expect Onvo L80 monthly sales trajectory to mirror L90
Deutsche Bank expects Onvo L80 monthly sales to reach around 10,000 units in the short term before stabilizing at about 4,000 units. Read more…
