BYD reported net income of RMB 11.607 billion in the third quarter, up 11.47 percent year-on-year and 28.08 percent from the second quarter. Read more…
Oppo partners with BYD for joint development of EVs and AI
Not to be outdone by Xiaomi, the Chinese tech giant Oppo is looking expand its reach beyond the mobile market. In a recent announcement, Oppo revealed a strategic partnership with BYD to integrate smartphone technology withing its smart car systems. That would let you control various aspects of your BYD electric vehicles directly from your Oppo smartphone. The first fruit… Read more…
Toyota to source new electric SUV for India from Suzuki
Toyota plans to launch a new electric SUV in India and source it from Suzuki beginning in the spring of 2025. This is the first pure electric model the Japanese duo plans to cross-supply as part of their long-standing alliance announced in 2016. Read more…
Quantron AG officially announces insolvency
Quantron AG is insolvent. The Augsburg Local Court opened provisional insolvency proceedings on 29 October. The financial gaps in the balance sheets of the electric commercial vehicle specialist had recently become increasingly noticeable. Employees had already complained that some were no longer receiving their wages. Read more…
DS 3 E-Tense will probably released as an electric sedan
The DS 3 E-Tense is due for a generation change in 2027. Stellantis is not only looking to change the concept of the compact crossover, but also relocate production from France to Spain. This could have serious consequences for the current plant. Read more…
Renault building R&D team in China to develop EVs for Europe, report says
Renault is building an EV R&D team in Shanghai to target mass production of a new model by the end of 2025, but the new model will be built and sold only in Europe, according to a media report. Read more…
Nio’s Middle East backer CYVN to buy sports car maker McLaren’s auto business
CYVN reached a non-binding agreement to acquire 100 percent of McLaren’s automotive business from Bahrain’s sovereign wealth fund Mumtalakat. Read more…
China Oct EV sales preview: Deutsche Bank expects Nio at 24,500, Tesla 47,000, BYD 520,000
New flow for the Nio brand is estimated at about 19,000 units in October, flat from September, but sub-brand Onvo is estimated at about 15,000 units in October, according to Deutsche Bank. Read more…
Cupra Tavascan interior, design and features review
Introduction The Cupra Tavascan is the company’s second fully electric vehicle after the Cupra Born. The new vehicle from Cupra, which is starting deliveries in December, is a coupe-style SUV, sitting on the VW MEB platform and thus sharing a lot of similarities with the VW ID.5 and the Skoda Enyaq Coupe. Cupra Tavascan You get the same battery 77… Read more…
Nio battery swap network completes initial coverage of 9 major horizontal highways in China
Nio’s battery swap stations have achieved coverage of nine horizontal highways, seven vertical highways and 12 urban clusters, fulfilling part of a goal announced two years ago. Read more…
Yangwang U7 sedan said to be powered by BYD’s 2nd-gen blade battery
The Yangwang U7 will be powered by BYD’s second-generation blade battery, which will have a charging multiplier of more than 5.5 C and a discharging multiplier of more than 14 C, according to an auto blogger. Read more…
Lucid Gravity arrives, Xiaomi sets records, and a Supercharged Polestar
On today’s exciting episode of Quick Charge, Lucid proves than an EV company can keep its promises while Xiaomi teams up with Chevrolet and Honda to prove – at least conceptually – that records are made to be broken. Read more…
EU pushes ahead with additional tariffs on Chinese EVs, continues discussions on price undertakings
The European Commission has published the definitive tariff rates in the Official Journal, with the additional tariffs to take effect from October 30, and the provisional duties imposed on July 4 will not be collected. Read more…
Tesla plans to deliver an extra ~500,000 electric cars next year, here’s how
Tesla disclosed that it is planning to return to growth in vehicle deliveries next year with an extra ~500,000 electric cars. Read more…
2025 Chevy Silverado EV LT finally arriving at dealerships as orders open
The 2025 Chevy Silverado EV LT is finally arriving at dealerships nationwide as orders open online. Although already impressive, Chevy “set the bar even higher” with the 2025MY electric pickup, giving it more range, lower prices, and new trim options. Read more…
Molabo supplies electric drives for hybrid propulsion system for firefighting boat
Molabo, a German manufacturer of 48-volt electric motors, has announced that Finnish shipyard Kewatec delivered a 16-meter-long firefighting and rescue boat to the Kiel, Germany, fire department that is equipped with a hybrid waterjet propulsion system using Molabo’s Aries i50 electric motors. The RESCUE 1500 boat, based on Kewatec’s e-FiFi 1470 design, is powered by… Read more…
Hanon Systems debuts parallel EV heat source heat pump and space-saving Thin HVAC
Hanon Systems, an automotive parts manufacturing company headquartered in Daejeon, South Korea, has developed a fourth-generation heat pump system for EVs, as well as Thin HVAC, an HVAC system for EVs that is 30% smaller than the typical model in use today. The company’s new heat pump employs a parallel heat source recovery method that… Read more…
Production Xiaomi SU7 Ultra makes official debut with 1,526 hp triple-motor setup
Xiaomi has finally unveiled the production version of its highly anticipated SU7 Ultra. This high-performance electric sedan is set to really challenge established players. Xiaomi SU7 Ultra is a technological showcase designed to demonstrate the company’s capabilities in the automotive sector. It stands directly against the likes of Zeekr 001 FR, Porsche Taycan Turbo GT, Tesla Model S Plaid, and… Read more…
Lucid Gravity orders open on November 7, here are the prices
Lucid’s first SUV, the Gravity, made its official debut almost a year ago, and now the company is finally ready to take people’s money for it. Almost. Orders will open on November 7 at 9 AM Pacific Time for the Grand Touring trim, which will start at $94,900 offering “more than 800 horsepower and a projected range surpassing 708 km”,… Read more…
PowerX partners with Mercedes-Benz to build EV charging network in Japan
Tokyo-headquartered PowerX, a manufacturer of EV charging infrastructure, will lead the rollout and operation of charging stations for Mercedes-Benz High Power Charging Japan, a soon-to-be-established wholly-owned subsidiary of Mercedes-Benz Group that is developing its EV charging network in Japan. PowerX will manufacture and deliver its Hypercharger units and will also oversee charging station development, from… Read more…
