Overall passenger car retail sales are expected to be around 1.75 million units, down 33.6 percent from the previous month.
The overall market is weak, as the new round of incentives have just been announced, and consumers were in a wait-and-see mood at the beginning of the month.
Li Auto opens its 1st overseas R&D center in Germany
Li Auto opened an R&D center in Munich, Germany, which it said is the first step in its global R&D strategy.
The German team will help Li Auto gain insights into the European market and build development and testing capabilities based on European automotive regulations.
Charge Cars finds new owners to resume development of its ’67 bespoke electric muscle car
UK EV startup Charge Cars has announced a fresh breath of life into its bespoke electric muscle car business. The company has announced new ownership, which intends to continue and expedite the development of its flagship model, the ’67, based on a classic Ford Mustang. Read more…
Wheel-E Podcast: New e-bike regulations, sodium batteries, more
This week on Electrek’s Wheel-E podcast, we discuss the most popular news stories from the world of electric bikes and other nontraditional electric vehicles. This time, that includes proposed e-bike restrictions in New York and Oregon, Super73 lowering the performance of its e-bikes, a review of the Tenways CGO600 Pro-C electric bike, new sodium-ion batteries coming from Yadea, Heybike unveiling its first mid-drive e-bike, and more. Read more…
Chinese makers are scouting failing German car plants
Chinese investors are expressing interest in buying German car factories as the local makers scramble to improve profitability amidst the shift towards green technologies. Volkswagen, a leading German automaker, is exploring options for its Dresden and Osnabrueck factories, and may be open to selling them to Chinese buyers. Chinese companies have been investing heavily in Europe’s biggest economy in recent… Read more…
Elaphe created in-wheel motors compatible with track-ready brakes
Slovenia’s Elaphe is emphasizing performance applications for its in-wheel electric motors. At CES 2025, the company unveiled the Sonic 1, a thin electric motor it claims is compatible with high-performance brakes. That can be difficult with in-wheel motors, as they occupy the same real estate as brake hardware. Slimming down the motor allows for… Read more…
Mercedes Boss Wants The EU To Drop Emissions Fines
Ola Kallenius, who also leads the largest carmaker association in Europe, says the fines will hurt car companies. Experts disagree. Read more…
BYD debuts Han L, Tang L as its new push in China’s premium EV market
The Han L and Tang L are the new flagship models of BYD’s Dynasty lineup, targeting the premium segment with prices in the RMB 300,000 ($40,930) class.
The exact prices of Han L and Tang L were not announced today and are expected to be known at a new event in March.
China’s NEV ownership exceeds 30 million units
The number of NEVs in China reached 31.4 million, accounting for 8.9 percent of all vehicle ownership.
China’s BEVs ownership amounted to 22.09 million vehicles, accounting for 70.34 percent of the total 31.4 million NEVs.
Wireless BMS built with ultra-wideband tech
NXP Semiconductor has developed the first battery management system (BMS) using ultra-wideband (UWB) technology, writes Nick Flaherty.
Using wireless connections between battery cells and the BMS in a pack simplifies assembly and enables better energy density. Read more…
BYD Shenzhen, world’s largest car carrier, ready for operation
BYD Shenzhen completed its undocking and is the world’s largest ro-ro ship to date, with a capacity of 9,200 vehicles.
BYD’s fleet previously consisted of three vessels — BYD Explorer No.1, BYD Hefei and BYD Changzhou.
Arcfox plugs into Nio’s charging network
BAIC’s EV unit Arcfox has plugged into Nio’s charging network, becoming the 16th brand to do so.
Nio currently has 2,623 supercharging stations and 1,683 destination charging stations in China.
Neta sells nearly 30,000 cars overseas in 2024, aims to double in 2025
Neta sold nearly 30,000 cars overseas in 2024, with overseas sales channels growing to 184.
In 2025, Neta will increase its efforts in overseas markets, aiming to double its overseas sales.
BYD launches Sealion 07 EV in Mexico, Yangwang U9 makes local debut
The Sealion 07 EV has been renamed the Sealion 7 in Mexico, with a starting price of 949,800 Mexican pesos ($46,200).
The Sealion 07 EV is already available in Europe and Thailand and will be launched in Japan later this year.
Nio expected to be included in HK’s Hang Seng Index, says CICC
ETFs tracking the Hang Seng Index currently stand at about $27.53 billion, according to CICC.
Nio has been included in the Hang Seng Composite Index and the Hang Seng Technology Index since 2022.
Nissan secures EV powertrain supply for next-gen LEAF, electric SUVs at its UK plant
Nissan will begin building updated LEAF models at its Sunderland, UK plant later this year. Ahead of its arrival, Nissan scored a new supply deal with JATCO for EV powertrains that will be built at a nearby facility. The parts will be used for the new LEAF and other upcoming Nissan EVs. Read more…
Texans can now join a VPP and get 2 sonnen batteries at no upfront cost
A groundbreaking new Virtual Power Plant Power Purchase Agreement (VPA) provides Texans with solar panels and two 20 kWh sonnen batteries at no upfront cost. Read more…
Tesla Cybertruck is America’s best selling electric pickup truck
Tesla’s Cybertruck has been incredibly polarizing ever since its announcement all the way back in 2019, and it got even more so once it finally reached the streets. And yet, despite its unique looks – or, perhaps, thanks to them – this EV seems to have been a real success. Tesla now claims that the Cybertruck was America’s best selling… Read more…
Hyundai Ioniq 5 charges faster on a Tesla Supercharger than a Model 3 does
With the release of Hyundai’s 2025 Ioniq 5 with native NACS port, owners are heading to Tesla Superchargers to see how the experience is. And it turns out, the away team is beating the home team at charging speed… at least in some metrics. Read more…
Hyundai is offering a free ChargePoint EV charger for 2025 IONIQ 5 customers
Buy or lease the new 2025 IONIQ 5, and Hyundai will give you a free ChargePoint Level 2 EV charger. Or, you can choose a $400 charging credit. That’s a pretty sweet deal, with leases starting as low as $199 per month. Here’s how you can snag the offer. Read more…