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…
Silicon Anode EV Batteries Are The Real Deal, But It’s Complicated
Silicon anodes are arriving in electric vehicles soon, but they still have pros and cons. Read more…
Renault Scenic E-Tech interior, design and features review
Introduction The Renault Scenic E-Tech is the electric version of the popular French model of the past. It’s a family-friendly car, often categorized as a multi-purpose crossover SUV. And in its new version it has retained its rather tall stance, as well as the spacious and practical interior. Renault Scenic E-Tech It’s also one of the best values in its… Read more…
Used electric car deals are coming as lease returns expected to surge
We might start to get some great used electric car deals starting in 2026 as EV lease returns are expected to surge in a big way. Read more…
Rivian (RIVN) hits a road bump in third-quarter earnings, but things are looking up from here
EV maker Rivian (RIVN) released its third-quarter financial earnings Thursday after the market closed. With fewer deliveries in the quarter, Rivian’s revenue missed expectations. However, the EV maker promises things are looking up from here. Here’s a breakdown of Rivian’s Q3 2024 financial earning. Read more…
IEA: Countries need to ramp up energy efficiency to hit 2030 target
Faster progress on energy efficiency is crucial if we’re going to meet the global 2030 goal, but a year after countries pledged at COP28 to double energy efficiency improvements by 2030, the International Energy Agency (IEA) says we’re still falling short. Read more…
Lucid (LCID) has funding for ‘well into 2026’ after Gravity SUV launch, record Q3
Lucid Motors (LCID) announced it has enough funding for “well into 2026” after releasing third-quarter earnings. After its third straight quarter of record deliveries, Rivian will begin building its first electric SUV, the Gravity, later this year. Read more…
