The new plant is scheduled to go into production in 2027, with an initial capacity of around 100,000 units per year.
Toyota is set to become the second foreign automaker after Tesla to have a wholly-owned factory in China.
Xpeng CEO says confident of doubling deliveries in 2025
That means Xpeng is targeting 2025 deliveries of about 380,000 vehicles.
Xpeng is off to a good start in 2025, delivering 30,350 vehicles in January, up 267.88 percent from a year earlier.
Tesla Megafactory in Shanghai to officially start production on Feb 11
Tesla’s Shanghai Megafactory will begin capacity ramp-up in the first quarter.
The factory, which took seven months to complete construction, is Tesla’s first energy storage project outside the US.
Xpeng rolls out 0 down payment, up to 5 years of 0 interest financing in revived price war
Xpeng’s new promotional package allows customers to save up to RMB 57,000 ($7,830).
Xpeng’s deliveries in January surpassed those of local counterpart Li Auto for the first time since September 2022.
Tesla offers insurance subsidy for Model 3 in China, firing 1st shot in renewed price war
Tesla is offering a RMB 8,000 ($1,100) insurance subsidy for the Model 3.
Local EV makers are likely to follow as the market enters the slow season.
Genesis GV90 spotted looking like the ultimate ultra-luxury EV [Video]
Genesis is preparing to launch its largest, most luxurious electric SUV yet. The Genesis GV90 EV was spotted for the first time in South Korea, revealing its ultra-luxury design. Read more…
Honda, Hyundai, Ford, Subaru, and Kia EV sales climb in January
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Reddit TSLA group moves to fire Elon, Tesla insurance discounts, and big solar
On today’s episode of Quick Charge, we look at a group of $TSLA shareholders on Reddit who want Elon Musk fired as CEO of Tesla – and they’re using his own public words against him. Plus the new Model Y arrives in US showrooms and FSD users can get a break on insurance. Read more…
Stellantis Patents An ‘EV Exhaust’, But It’s Not For What You Think
The patent is meant to protect an EV from battery fires by using an exhaust-like system in case of thermal runaway. Read more…
Schneider Electric begins to sell Charge Pro charging solution in Europe
Schneider Electric, an energy management company, has announced the debut of the Schneider Charge Pro charging station in Europe. France will be the first European market in which the charging solution will be sold. The Charge Pro is an “energy-efficient electric vehicle charging solution designed to accelerate EV adoption among owners of commercial fleets and… Read more…
Ferrari’s first EV debuting Oct. 9
Ferrari will move forward with its EV plans in 2025 despite the electrification contraction at many low-volume luxury automakers. The first electric Ferrari is set to debut on Oct. 9. Ferrari CEO Benedetto Vigna confirmed the date of the automaker’s first EV date during its Q4 and 2024 earnings results on Tuesday. Vigna called the upcoming EV the… Read more…
Ferrari is launching its first EV later this year: Here’s a sneak peek of the electric supercar
Ferrari looks to shake up the market with its first all-electric vehicle, which will launch later this year. Ferrari confirmed plans to launch its first EV in October as one of six new vehicles debuting in 2025. Ahead of its official debut, the new electric car was spotted testing out in public. Check out a sneak peek of it below. Read more…
These solar streetlights can withstand Category 5 hurricanes
Streetleaf’s solar-powered streetlights can withstand Category 5 hurricanes, and the company aims to deploy them across Florida to boost storm resilience. Read more…
KORE Power kills $1 billion Arizona EV battery factory plans
KORE Power has scrapped plans for its $1 billion lithium-ion battery factory in Buckeye, Arizona, and its CEO and founder has resigned. Read more…
Volkswagen reveals initial pricing for the 2025 ID.4
Volkswagen is resuming ID.4 production at its Chattanooga factory in Tennessee, and to celebrate, the brand has released initial pricing for the 2025 ID.4. Only models with the 82kWh battery are made right now, while those with the 62kWh battery “will have later availability”, whatever that means. The starting trim is Entry – $45,095 for the RWD Pro and $48,995… Read more…
Pure Lithium and Saint-Gobain Ceramics to produce lithium-selective membranes for batteries
US-based lithium battery technology company Pure Lithium has signed a joint development agreement with Saint-Gobain Ceramics to accelerate the production of Pure Lithium’s selective, water-blocking membranes for lithium metal anode production from brine. Pure Lithium has also invented a flexible lithium conducting membrane for next-generation lithium metal battery applications, which can serve as both a… Read more…
Noveon Magnetics to supply rare earth magnets to Nidec Motor
Nidec Motor, a US-based manufacturer of commercial, industrial and appliance motors and controls, and Noveon Magnetics have signed a five-year, binding offtake agreement to potentially supply more than 1,000 tons of finished sintered neodymium iron boron (NdFeB) rare earth magnets. Deliveries are set to begin in 2025, supporting Nidec’s operations across industries including automation, industrial,… Read more…
Nissan e-Trail trademark points to adventure EV
A new Nissan trademark filing points to an adventurous electric vehicle from the Japanese automaker—but it’s just a hint for now. In a move first spotted by CarMoses, Nissan filed a trademark application for the name e-Trail with the United States Patent and Trademark Office (USPTO) on Jan. 15. While a trademark filing is no guarantee of… Read more…
Do You Work At Tesla We Want To Hear From You.
As its CEO sets his eyes to remaking the U.S. government, what’s going on at Tesla Here’s how you can tell us. Read more…
The Ionna Charging Network Will Get Amazon’s AI Grocery Store Tech
You’ll be able to grab your snacks and Just Walk Out, with no cashier necessary. Read more…
