A filing with the US SEC earlier this month showed L’imad holds a 17.9% stake in Nio.
CYVN Holdings LLC has been transferred to L’imad, whose board chairman is the Crown Prince of Abu Dhabi.
Abu Dhabi merges CYVN’s stake in Nio into new state-owned fund L’imad
A filing with the US SEC earlier this month showed L’imad holds a 17.9% stake in Nio.
CYVN Holdings LLC has been transferred to L’imad, whose board chairman is the Crown Prince of Abu Dhabi.
Joint letter to EU Commission: Brussels urged to avoid funding gap as heavy-duty charging rollout accelerates
Transport and mobility lobby organisations IRU, ACEA and T&E have warned the European Commission against a pause in EU investments in heavy-duty charging and hydrogen refuelling infrastructure, after funding has run out. In a joint letter, they argue that a gap in 2026–2027 could slow the market ramp-up of zero-emission trucks despite recent AFIF-backed investments. Read more…
Why New Jersey’s radical new e-bike law is the harshest one yet
New Jersey has just rewritten the rules on electric bikes – and not in a way most of the e-bike world was expecting. Read more…
BMW teases the 2026 iX3 long-wheelbase for the Chinese market
BMW is working on a new version of its new and already popular SUV. The company shared details about the BMW iX3 Long Wheelbase – quite a different vehicle from the standard iX3 we usually see. It was designed specifically for customers in China who want more room in the back. Unfortunately, the rest of the world gets only the… Read more…
No official communication: Tesla cuts 1,700 jobs in Germany
Almost two years ago, Tesla announced massive job cuts, but the Brandenburg plant was supposed to escape relatively unscathed—losing only 400 positions. That was the official line. However, according to investigations by the German Handelsblatt, the workforce has since shrunk by more than 1,700 employees. Read more…
Renault Group set to reintegrate EV division Ampere
French automaker Renault intends to reintegrate its electric vehicle division Ampere, which was spun off in 2023, back into the company. A planned IPO for Ampere had already failed some time ago—but a new CEO is at the helm, reassessing the situation. Read more…
Volkswagen centralises management of the Brand Group Core
Volkswagen is creating a new Group Board of Management for its core brands, which will henceforth make cross-brand decisions for the high-volume quartet of VW Passenger Cars, Škoda, Seat/Cupra, and Volkswagen Commercial Vehicles. This restructuring is expected to generate savings of one billion euros in production alone by 2030, partly through the elimination of managerial positions. Read more…
CATL launches 1st sodium-ion battery for light commercial vehicles
The sodium-ion battery is engineered for extreme cold environments, retaining 90% of its usable capacity at -40°C, CATL said.
The sodium battery pack has a capacity of 45 kWh and targets use in light trucks and micro-trucks.
Interview: How Ford Trucks Is Positioning Its Electric Debut Truck
Ford Trucks had not previously offered an electric-powered truck. But that is changing now: With the F-Line E, the manufacturer is launching an electric truck in the 19- and 26-tonne classes in Western Europe this year—including Germany. We spoke with Burak Hoşgören, Ford Trucks’ Head of International Markets, about the leap into the electric truck era. Read more…
Geely Holding targets 6.5 million global sales by 2030
Geely Holding aims for sales outside China to contribute over one-third of its total by 2030, with global revenue exceeding RMB 1 trillion ($144 billion).
For the full year 2025, Geely Holding’s sales reached 4.12 million units, a 26% year-on-year increase.
VW Beats Tesla To Become Europe’s Top EV Brand In 2025
The Model Y was Tesla’s best-seller in Europe, but it wasn’t enough to fend off Volkswagen on the constructors’ list. Lire la suite…
Watch What Happens When The Volvo EX60 Slams Into A Pole
Volvo engineered the new EX60 to be as safe as possible. This means putting it through realistic crash scenarios. Lire la suite…
Demand frontloading propels China’s new energy heavy-duty truck penetration past 50% for 1st time
In December, China sold a record 45,300 new energy heavy-duty trucks, accounting for 53.89% of total heavy-duty truck sales of 84,000 units.
This was primarily due to demand being front-loaded from 2026, but the electrification trend in the heavy-duty truck industry is seen as unstoppable.
Waymo founder: Tesla FSD would FAIL a DMV eye test, plus all-new Volvo EX60
On today’s highly observant episode of Quick Charge, Waymo founder John Krafcik takes aim at Tesla’s Full Self Driving hardware limitations and Volvo Cars rolls out their most important new product of the 2020s: the all-new EX60 electric SUV. Read more…
Humanoid robots build a new excavator every 6 minutes, RIGHT NOW
Chinese heavy equipment giant Zoomlion isn’t planning to deploy an army of humanoid robots on its factory floors in the future – they’ve got robots on the job right now. The company is already using these ‘bots to power its “third growth curve,” and they’ve been churning out a new excavator every six minutes for years. Read more…
Waymo founder trashes Tesla safety as Waymos illegally pass school buses
Waymo founder John Krafcik made headlines this week with claims that Tesla’s cameras-only approach to Full Self Driving was “myopic,” but the self-driving taxis from the company he helped found keep illegally passing school buses – and putting kids at risk. Read more…
Nio Onvo launches HarmonyOS app for Huawei devices
The Nio main brand’s mobile app has already been adapted for HarmonyOS, while the Firefly sub-brand has yet to do so.
On December 31, Tesla’s native HarmonyOS app was launched on Huawei’s App Gallery.
Nio Onvo launches HarmonyOS app for Huawei devices
The Nio main brand’s mobile app has already been adapted for HarmonyOS, while the Firefly sub-brand has yet to do so.
On December 31, Tesla’s native HarmonyOS app was launched on Huawei’s App Gallery.
Xpeng becomes latest EV maker to launch 7-year financing plan in China
Xpeng joins Tesla, Xiaomi, and Li Auto in offering ultra-long-term, low-interest financing for vehicle purchases.
This approach helps reduce vehicle purchase costs while avoiding price wars.
