BYD’s net income in the fourth quarter was a record RMB 15.02 billion ($2.07 billion), as NEV sales reached an all-time high.
BYD’s revenue in 2024 exceeded $100 billion for the first time, surpassing Tesla.
LG ES & Doosan Bobcat to develop batteries for construction vehicles
South Korean battery company LG Energy Solution and US construction equipment manufacturer Doosan Bobcat signed a memorandum of understanding to jointly develop standardised battery pack solutions for various construction machines such as skid steer loaders and excavators. Read more…
Sulfur-crystal battery could triple EV range without cobalt or nickel
A German startup believes it has the recipe for electric vehicle battery cells that are cheaper, more energy dense, and less problematic for the environment than current lithium-ion cells. But commercialization seems a long way off. Theion announced Thursday in a press release that it is close to completing a 15 million euro (approximately $16.2… Read more…
Tesla (TSLA) rolls back ‘Full Self-Driving’ trial in China amid new approval rules
Tesla had to roll back its ‘Full Self-Driving’ free trial in China after a policy change brought more scrutiny to software updates for advanced driver assist systems. Read more…
Audi plans to build A3-like EV in Ingolstadt from 2026
Audi plans to launch an affordable electric car as early as next year. It was previously only planned for 2027. According to CEO Gernot Döllner, the vehicle should compete in the Audi A3 class. Read more…
Kempower introduces Flex Satellite charger in North America
Kempower has annpunced a DC charger for the North American market. The so-called Kmepower Flex Satellite ist designed for public charging and offers EV drivers a choice of CCS1 and NACS connectors. Read more…
Chinese researchers announce battery recycling brakethrough
Chinese scientists have developed a method that allows the materials in lithium-ion batteries to be almost completely recycled. The project was conducted in a collaboration between Central South University in Changsha, Guizhou Normal University, and the National Engineering Research Center of Advanced Energy Storage Materials. Read more…
Denza N9 is here to take on the luxury EREV market
BYD’s premium brand, Denza, has officially launched its highly anticipated N9 SUV. The Denza N9 will be offered in two trims only – Prestige and Flagship. The N9 comes at a surprisingly aggressive price range of RMB 389,800 to RMB 449,800 (€48,500 to €55,900) undercutting previous estimates. Built on BYD’s advanced e-Platform 3.0 (also called “e3”), the Denza N9 uses… Read more…
William Li talks about Nio’s product roadmap, profitability prospect in wide-ranging interview
The Nio main brand will have a highly anticipated model in the fourth quarter, and Onvo will also begin deliveries a new model in the fourth quarter, which may be called the L80.
Li once again emphasized that Nio will achieve profitability in the fourth quarter, otherwise it will be a major test of its business model.
William Li talks about Nio’s product roadmap, profitability prospect in wide-ranging interview
The Nio main brand will have a highly anticipated model in the fourth quarter, and Onvo will also begin deliveries a new model in the fourth quarter, which may be called the L80.
Li once again emphasized that Nio will achieve profitability in the fourth quarter, otherwise it will be a major test of its business model.
InnoLogBat project takes battery logistics to a new level
In the InnoLogBat project, partners from industry and science have spent three years researching technologies and processes for a sustainable circular battery economy. The successes of the project include a battery passport and a training platform for commercial vehicle batteries. Read more…
InnoLogBat project takes battery logistics to a new level
In the InnoLogBat project, partners from industry and science have spent three years researching technologies and processes for a sustainable circular battery economy. The successes of the project include a battery passport and a training platform for commercial vehicle batteries. Read more…
Stellantis reportedly plans second plant for Citroën ë-C3
The Citroën ë-C3 is expected to roll off the production line this year, not only at the main production site in Trnava, Slovakia, but also in Kragujevac, Serbia. It would mean that Stellantis will manufacture two of the affordable EVs in Serbia. Read more…
Stellantis reportedly plans second plant for Citroën ë-C3
The Citroën ë-C3 is expected to roll off the production line this year, not only at the main production site in Trnava, Slovakia, but also in Kragujevac, Serbia. It would mean that Stellantis will manufacture two of the affordable EVs in Serbia. Read more…
California has nearly 50% more public EV chargers than gas nozzles
In 2024, public charging in California expanded at record levels The state has double the publicly accessible chargers versus 2022 Nearly 30% of U.S. EV sales go to California customers In California, drivers are now much more likely to encounter an electric vehicle charging connector than a gas pump nozzle. The state reached 178,549 public… Read more…
Nio Firefly has been targeting global markets from day 1, says president
The Firefly project was set up with a view to the global markets rather than focusing on a single market.
This is not just a consideration from the perspective of sales potential, but the times have changed, the president of Firefly said.
Singapore launches tender for 660 electric buses
Singapore’s Land Transport Authority (LTA) wants to add new electric buses to the country’s fleet. It would more than double the number of electric buses in the country. Read more…
European premiere of Smart #5 – price and launch date for Germany announced
On Friday, Smart celebrated the European premiere of its electric SUV #5. The first prices were also announced: when orders open on 26 April, the EV will be available for €45,900 to €56,900. Read more…
Another YouTuber Attempted To Fool Tesla’s FSD With A Fake Wall
The results of this test are better, but with one big caveat. Read more…
EVs power up, oil demand growth slows: 2024’s rapid global energy shift – IEA
Global energy demand spiked in 2024, driven largely by surging electricity use, according to a new report released today by the International Energy Agency (IEA). Electricity consumption jumped by nearly 1,100 terawatt-hours – a hefty 4.3% increase – nearly twice the annual average growth of the past decade. Read more…
