Rising prices of memory chips and raw materials could lead to a cost increase of nearly 10,000 yuan ($1,460) for premium EV models, William Li said.
Despite the pressure on costs, Nio maintains its full-year non-GAAP operating profit target for 2026.
Researchers from the College of Chemistry at China’s Nankai University have announced a battery breakthrough using a new type of electrolyte. In “Hydrofluorocarbon electrolytes for energy-dense and low-temperature batteries,” published in the journal Nature, the team explains how they designed and synthesized a series of new fluorinated hydrocarbon solvent molecules with fluorine coordination. Based on… Read more…
BidItUp Auctions Worldwide is set to auction equipment from a former lithium-ion battery manufacturing facility in Midland, Michigan, in a six-day live virtual sale running March 31, April 1-3 and April 7-8. According to BidItUp, the equipment comes from a 400,000-square-foot battery plant that had been used for EV and energy storage applications. The company… Read more…
The French automaker Renault announced a bold new plan called “futuREady” to stay ahead of the competition. It is a clever name for a serious goal. Renault wants to become the top car company in Europe while protecting its business from fast-moving rivals in China. The new roadmap follows a previous recovery plan from 2021, and it sets the stage… Read more…
The ‘GENtwoPRO’ project, funded by the German Federal Ministry for Economic Affairs and Energy, is dedicated to developing a scalable fuel cell system for regional aircraft with up to 100 seats. Participants include the PEM Chair of RWTH Aachen University, Airbus, and the German Aerospace Center (DLR). Read more…
South Korea’s competition authority has fined Mercedes-Benz the equivalent of €6.5 million for misleading consumers. The focus of the authority: an officially undisclosed battery supplier for the premium electric models EQE and EQS. Read more…
The Iran conflict is driving up gas prices. Edmunds says that shoppers are looking to electrified models for relief. Lire la suite…
CATL filed an international patent, detailing how its solid-state battery cell and electrolyte material can help overcome one of the biggest challenges in bringing the new tech to market. Read more…
A Texas woman is suing Tesla for over $1 million after her Cybertruck, running on Autopilot, attempted to drive straight off a Houston overpass and crashed into a concrete barrier. The lawsuit includes an unusually pointed allegation: that Tesla was negligent in hiring and retaining Elon Musk as CEO. Read more…
Just like the Porsche Taycan, the upcoming SAIC Z7 EV will come in both sedan and wagon body styles. Lire la suite…
Domestic NEV sales plunge over 36% year-on-year, dragged by the traditional low season and additional purchase tax costs.
NEV exports surge 115.3% year-on-year, serving as a key engine supporting the broader market.
Canadian fuel cell specialist Ballard Power Systems has received a new order for 500 fuel cell modules with a total capacity of 50 MW from North American bus manufacturer New Flyer. Read more…
After the Chinese New Year holiday ended in late February, new orders for the ES8 have recovered well, Nio president said.
Retail sales of the third-generation ES8 reached 11,260 units in February, ranking first in China’s large SUV market for the third consecutive month.
If executed, it would mark the first executive share buyback since the company’s secondary listing in Hong Kong in August 2021.
The potential capital market intervention follows a 19% decline in deliveries in 2025, as well as an ongoing exodus of senior management personnel.
The European electric car market is crowded, and standing out requires constant improvement. Ford revealed several updates for its electric Explorer, a crossover designed specifically for the European driver. The new version addresses previous complaints by adding a better battery, more power, and smarter technology. One of the biggest changes involves the Explorer Standard Range model. Ford swapped out the… Read more…
The BMW Supervisory Board has appointed current Strategy Chief Raymond Wittman as a new member of the Board of Management. At the Annual General Meeting in May, he will take over the Production division when current Production Board Member Milan Nedeljković assumes the position of Chairman of the Board. Read more…
Revolution Concrete Mixers and London Machinery have developed a hybrid drum drive system that’s designed to power cement mixer operation without engine idling. The new e-HYDRIVE system addresses “one of the ready-mix industry’s most persistent operational challenges”—unnecessary idling during loading, waiting and pouring—and also reduces fuel consumption and emissions. The e-HYDRIVE is designed to deliver… Read more…
Enel has installed 3,730 new charging stations in Italy, completed as part of the country’s National Recovery and Resilience Plan (PNRR). Enel aims to increase this number to approximately 5,000 charging stations through two additional PNRR tenders in the future. Read more…
Bosch unveiled a new fuel cell system at the mobility move trade fair in Berlin that is particularly suitable for city buses. The hydrogen fuel cell system called FCPM C100 is designed for roof-mounted installation on 12- and 18-meter buses. Read more…
The cheapest Explorer EV now has a longer driving range, courtesy of a larger battery pack. Lire la suite…
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