Xpeng CEO He Xiaopeng can unlock the full award if the company’s Hong Kong-traded share price rises to HK$750 from the current HK$89.55 within 10 years.
The total value of the proposed grant is about HK$2.55 billion ($328 million) based on today’s closing price.
Advanced battery materials company Vianode says it has launched its first product based on recycled graphite. Product samples and data sheets are available for customer evaluation. Read more…
2027 production form of ID.Every1 concept will debut Rivian zonal architecture for VW Sets the stage for modular SSP EVs like ID Golf coming in 2028 Starting around 20,000 euros, will be VW’s lowest-priced EV yet Although Volkswagen’s Scout Motors plans to roll out electric trucks with roots in Rivian’s zonal electrical… Read more…
Amid worldwide protests against Tesla due to CEO Elon Musk’s involvement in the company, a website has surfaced with address and contact information of thousands of Tesla owners. And the same site says that the only way to get off the list is to prove that you’ve sold your car. Read more…
The Japanese carmaker and Stena Recycling have signed a strategic partnership for Norway to use the batteries from old electric cars for stationary storage. The potential is huge: there are over 80,000 Nissan Leafs on the road in Norway. Read more…
The luxury VW brand Bentley has laid the foundation stone for its new assembly line for battery-electric cars at its headquarters in Crewe, UK. However, the launch of Bentley’s first electric car has been delayed; it is now not due to appear until 2027. It will be a luxury SUV. Read more…
Xpeng presented its financial results for the fourth quarter and full year of 2024. The Chinese EV maker posted its highest revenue yet in the final quarter of last year. The annual figures also show the company’s growth trajectory. However, it is also clear that Xpeng is still in the development phase and thus continues to post losses. Read more…
There’s still a long road ahead before Tesla’s EVs can offer paid driverless rides in California. Read more…
So far this year, cumulative retail sales of passenger NEVs in China were 1,853,000 units, up 36 percent year-on-year.
China’s NEV penetration at retail was 55.31 percent from March 1-16 and 46.94 percent year-to-date.
The German company Siemens has decided to strategically reorganise its charging solutions business. In future, the division will focus on fast-charging infrastructure. The decision is also accompanied by a reduction of more than a third of the jobs – probably mainly in Leipzig. Read more…
More details about Tesla’s Cybercab emerged. And as usual, Tesla is making some bold claims about its efficiency, but it turns out that this two-door, two-seater electric vehicle will come with a surprisingly small battery. According to Tesla executives, the Cybercab will use a battery pack of less than 50 kWh. Despite this, Tesla claims the vehicle will achieve a… Read more…
Xiaomi began building a second factory on a 53-hectare site in Beijing last year, and the latest expansion will see the plant occupy an adjacent plot of about 52 hectares, according to Bloomberg.
Xiaomi yesterday raised its 2025 vehicle delivery target to 350,000 units from 300,000 units previously.
The LS6 has been rebranded as the IM6 in Thailand with a starting price of THB 1,399,900 baht ($41,600).
IM Motors will enter more international markets with the LS6 and L6 electric sedans as strategic global models.
Chinese authorities are concerned that Mexico would gain unrestricted access to BYD’s advanced technology and know-how and may even possibly allow the US access to it, according to the Financial Times.
Domestic automakers would need approval from China’s Ministry of Commerce to produce overseas, which it has yet to grant.
Chinese authorities are concerned that Mexico would gain unrestricted access to BYD’s advanced technology and know-how and may even possibly allow the US access to it, according to the Financial Times.
Domestic automakers would need approval from China’s Ministry of Commerce to produce overseas, which it has yet to grant.
Xiaomi’s innovative business, including EVs, posted a gross margin of 20.4 percent in the fourth quarter, up from 17.1 percent in the third quarter.
The innovative business reported an adjusted net loss of RMB 700 million in the fourth quarter, halving from RMB 1.5 billion in the third quarter.
Paired Power makes a microgrid-based EV charging solution that includes solar electricity generation and battery storage. The company recently installed one of its PairTree charging stations at Playfields Park in Davis, California—the second charging station that Paired Power has sold to the city. The PairTree system’s solar integration saves energy and enables off-grid operation, providing… Read more…
Tesla (TSLA) has officially obtained a permit in California to operate an internal fleet for a ride-hailing service, but it’s not for robotaxi yet. Read more…
Electric buses have now been around long enough for transit agencies to have a good handle on the fuel and maintenance savings they can expect, and pilots are giving way to volume orders. In a recent article from CleanTechnica, Michael Barnard takes us on a tour of Canada to look at some of the electric… Read more…
The vast majority of EV traction motors must be supplied with sinusoidal 3-phase alternating current with the frequency proportional to RPM, and the overwhelmingly favorite way to do this is with a triple half-bridge voltage source inverter, or VSI. In this topology, each bridge switch can connect its output terminal (i.e. motor phase winding) either… Read more…
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