Lucid Motors released its third-quarter earnings report, revealing a mixed bag of results. The company exceeded revenue expectations and achieved record deliveries, but it continues to bleed money. Lucid’s Q3 revenue reached $200 million, surpassing the anticipated $198 million. It is a 45% increase compared to the same period last year, so – solid growth. The company also reported a… Read more…
Cariad and Tomtom present navigation solution for electric cars
Volkswagen’s software subsidiary Cariad and the map service Tomtom have developed a new navigation solution optimised for electric cars. The system monitors the remaining range throughout the journey and adjusts the route if necessary. The sat nav will debut in Audi electric cars. Read more…
First Bus orders 36 new electric buses from Wrightbus
First Bus has ordered a fleet of 36 electric buses from Wrightbus for use in Aberdeen, Scotland. The new bus fleet is to launch in early 2025, and includes both electric double-decker buses as well as converted former combustion buses that have been refitted with electric drives. Read more…
Bentley to launch its first EV – a sleek urban SUV – in 2026
Finally, Bentley says it has found the winning formula to giving an all-electric vehicle the Bentley stamp of approval. It’ll scream luxury and likely cost a bloody fortune.. Read more…
VW Anhui to reportedly drop use of MEB architecture in favor of one built with Xpeng
Volkswagen Anhui will use the CEA architecture, a collaboration with Xpeng, for future models due to poor sales of the ID.UNYX, which went on sale in July, according to local media. Read more…
Electrode-to-pack
In the quest for energy density in EV batteries, cell-to-pack (CTP) architectures represent an approach that increases the proportion of active materials by eliminating modules, and their associated structure and interconnections. Read more…
Rivian reports a drop in sales
After $1.16 billion in revenue in the second quarter, Rivian posted only $874 million in the third quarter. Supply shortages negatively impacted the availability of the company’s R1 SUVs and pickups. But the carmaker remains hopeful for the rest of the year. Read more…
Audi with new sub-brand and first electric study from SAIC cooperation
Audi presented a new sub-brand for electric cars in China – and unveiled the first representative with the advertised AUDI label. The manufacturer’s classic four-ring logo is nowhere to be seen on the concept car. The production-ready debut model of the new Chinese brand is due to launch in 2025. Also without rings. Read more…
Nissan sets harsh cost-cutting course
Nissan is adopting a radical austerity programme. Global production capacities will be reduced by 20 per cent and 9,000 jobs will be cut. Nissan also plans to sell about 10 per cent of its Mitsubishi shares. Read more…
An Electric Mazda Miata Successor Is In The Works–With A Rotary Gas Engine
The gorgeous Iconic SP concept from last year was designed to be easily turned into a production car. Read more…
China NEV retail at record 1.2 million in Oct despite penetration pull-back
Retail sales of NEVs in China reached a record high in October, but NEV penetration declined slightly due to faster growth in gasoline vehicle sales. Read more…
Tesla sells 40,485 cars in China in Oct, exports 27,795 from Shanghai plant
Tesla sold 40,485 vehicles in China in October, the lowest since April, as exports from its Shanghai factory rose 72.41 percent from September. Read more…
Xiaomi files for SU7 Ultra, to debut at Guangzhou auto show on Nov 15
Xiaomi SU7 Ultra has entered a regulatory filing catalog, allowing some core specs to come to light. Read more…
Audi, SAIC launch new brand ‘AUDI’, unveil concept car E concept
Audi has launched the “AUDI” brand in China, with a logo featuring a combination of “AUDI” letters, in a bid to utilize China’s supply chain to create EV models that cater to local consumer preferences. Read more…
Deutsche Bank raises monthly sales estimate for Xpeng P7+ to 9,000 from 6,000
Deutsche Bank said the Xpeng P7+ is competitively priced and is longer, taller and has a larger wheelbase compared to its class rivals. Read more…
Xpeng says P7+ gets 31,528 orders 3 hours after launch
The P7+ received 31,528 firm orders three hours after launch, breaking records for all other models in Xpeng’s history, the company said. Read more…
Rivian R2 will get Arizona-made batteries from LG
Batteries bound for U.S. Rivian R2 models will come from Arizona LG will supply Rivian with 67 gigawatt-hours over five years 4695 format is set to be shared with R3, R3X Next-generation cylindrical battery cells for the Rivian R2 SUV will come from LG Energy Solution and its Arizona plant, the battery supplier and U.S. EV maker confirmed… Read more…
LG Energy Solution to provide Rivian 4695 cylindrical batteries produced in the US for the R2
Battery manufacturer LG Energy Solution just announced that its Arizona subsidiary has signed a long-term supply agreement with US automaker Rivian for 4695 cylindrical batteries. The cells will be produced at LG Energy Solution Arizona’s new standalone US facility beginning next year and will power Rivian’s upcoming R2 BEVs. Read more…
Audi ditches the iconic rings for China, launches new EV brand called AUDI
In a surprising move, Audi has launched a new electric vehicle brand exclusively for the Chinese market. This new brand, simply named “AUDI,” is a joint venture with Chinese automaker SAIC and is different most notably by ditching the iconic four-ring logo. The brand’s first offering, the AUDI E concept, provides a glimpse into the future of this China-specific EV… Read more…
2026 Rivian R2 Will Get New LG Cells With ‘Six Times’ The Capacity
Korean battery giant LG Energy Solution will supply next-generation U.S. made battery packs for the Tesla Model Y rival. Read more…
