Momenta has confidentially filed for a Hong Kong IPO, abandoning plans for a New York listing, according to Reuters.
Momenta’s clients include international automakers such as Mercedes-Benz, BMW, Audi, Toyota, and Nissan.
Tesla China’s Nov wholesale sales rise 10% to 86,700 units
This represents a 9.95 percent increase from 78,856 units sold in the same period last year and a 40.98 percent jump from October’s 61,497 units.
From January to November, Tesla China’s wholesale sales totaled 754,561 units, marking an 8.30 percent year-on-year decline.
BYD extends traction battery warranty in Norway to 250,000 kilometres
Chinese electric vehicle manufacturer BYD is improving the warranty for traction batteries in Norway. Effective immediately, the warranty covers eight years or 250,000 kilometers, whichever comes first. The enhanced warranty benefits not only new car buyers but also existing customers. Read more…
Zeekr signs dealer deals to enter South Korea
Zeekr will establish its first showroom in Seoul as early as the first quarter of next year and begin sales, with the Zeekr 7X SUV likely to be its first model there.
Zeekr established its South Korean subsidiary in February to prepare for market entry.
EU considers future for combustion engines beyond 2035
EU Transport Commissioner Apostolos Tzitzikostas has spoken positively about softening the EU’s CO2 targets and allowing new combustion engines after 2035. The media is already talking about a “Christmas present for the industry.” But there is a crucial catch to the EU Commissioner’s statements – fuel. Additionally, the new ‘EU car package’ could be delayed. Read more…
Toll exemption for battery-electric trucks now in effect in Germany
The extension of the toll exemption for emission-free trucks, approved by the German Bundestag in mid-November until June 30, 2031, has now been officially announced in the Federal Law. This means the regulation can enter into force in the coming year. Read more…
Ford boosts E-Transit Custom battery capacity up to 70 kWh
Ford’s E-Transit Custom and its passenger variant, the E-Tourneo Custom, are receiving a battery update: they will now feature a usable battery capacity of 70 kWh, which is expected to deliver a WLTP range of up to 370 kilometers. At the same time, Ford is also increasing the charging speed. Read more…
This New EV Is Less Than $20,000, But It Leaves Out The Most Expensive Part
Owners will need to pay extra to use the LFP battery that powers the electric crossover. Lire la suite…
Chinese lithium producers raise prices amid supply tightening
Several LFP manufacturers in China have raised prices or plan to do so as rising demand leads to supply constraints.
Benefiting from growing demand for EVs and energy storage, the effective capacity utilization rate of LFP producers has now risen above 95 percent.
DS launches limited edition race-inspired DS 3, N°4 and DS 7
Luxury French car maker DS Automobiles is bringing the thrilling look of its Formula E race car right to its showrooms. Starting December 1, 2025, the company is opening orders for a special Limited Edition DS PERFORMANCE Line across three of its most popular models: the DS 3, N°4, and the DS 7. The limited-edition vehicles stand out with a… Read more…
CATL raises wages for production workers in positive signal for China’s EV job market
The move by CATL is a rare step amid sluggish economic growth in China where layoffs have become commonplace.
CATL had 131,988 employees at the end of 2024, including 96,725 frontline production workers.
BYD Nov sales breakdown: Qin 70,824 units, Seal 60,962
The Qin family remains BYD’s top-selling lineup despite an 18.64 percent year-on-year decline in November sales.
The surge in Tai 7 SUV sales propelled the Fang Cheng Bao brand to a record 37,405 units sold in November.
Global EV battery market share in Jan-Oct 2025: CATL 38.1%, BYD 16.9%
CATL and BYD collectively installed 513.1 GWh of EV batteries in January-October 2025, accounting for 55.0 percent of the global total.
South Korea’s LG Energy Solution maintained its third-place position with a 9.3 percent share in January-October.
Xiaomi EV hits 2025 target as it reaches 500,000 cumulative deliveries milestone
Xiaomi EV has reached the milestone of 500,000 cumulative deliveries, achieving its 2025 annual delivery target of 350,000 units ahead of schedule. Read more…
Global sales surge saves BYD from domestic trouble
Few EV companies are watched as closely as BYD. As the leader in the New Energy Vehicle (NEV) market, every month it releases a flurry of numbers that automotive journalists and investors dissect. November’s sales figures from the Chinese giant tell a story of two different markets, showing both impressive resilience and some surprising slowdowns right where the company is… Read more…
Toyota’s $15,000 electric SUV is a hit in China
The bZ3X is off to a strong start as Toyota’s most affordable electric SUV, starting at around $15,000 in China. Read more…
Toyota’s $15,000 electric SUV is a hit in China
The bZ3X is off to a strong start as Toyota’s most affordable electric SUV, starting at around $15,000 in China. Read more…
EIA: Solar + storage soar as fossil fuels stall through September 2025
US Energy Information Administration (EIA) data released on November 25 and reviewed by the SUN DAY Campaign reveal that, during the first nine months of 2025 and for the past year, solar and battery storage have dominated growth among competing energy sources, while fossil fuels and nuclear power have stagnated. Read more…
EIA: Solar + storage soar as fossil fuels stall through September 2025
US Energy Information Administration (EIA) data released on November 25 and reviewed by the SUN DAY Campaign reveal that, during the first nine months of 2025 and for the past year, solar and battery storage have dominated growth among competing energy sources, while fossil fuels and nuclear power have stagnated. Read more…
Chevy Brightdrop finally gets a lease deal worth writing about
GM may have decided to pull the plug on the forward-looking Chevy Brightdrop electric van a few months ago, but don’t let that stop you, but don’t let that fool you. Right now might be the best time ever to get your hands on one. Read more…
