At press time, Xpeng was up 15.11 percent in Hong Kong, with its market cap returning above HK$200 billion.
Recent announcements regarding AI advancements have triggered a reassessment of Xpeng’s valuation.
Volkswagen bets on XPeng tech for new ID.UNYX 08 electric SUV
Volkswagen is playing a new card in the world’s most competitive EV market. The German auto giant, through its Volkswagen Anhui joint venture, has officially filed for a new electric SUV in China called the ID.UNYX 08. But this is not just another addition to its growing ID. lineup. The ID.UNYX 08 is the very first vehicle born from Volkswagen’s… Read more…
Europe’s largest battery storage project is being built in Germany
Germany is about to become home to Europe’s largest battery storage system – a massive 1 gigawatt (GW) / 4 gigawatt-hour (GWh) project in Jänschwalde, Brandenburg. Read more…
We Built Too Many EV Battery Factories. Here’s What Happens Next
Battery manufacturers are facing a demand crisis, a new report from AlixPartners says. Lire la suite…
Polestar 5 will make its debut in Gran Turismo 7 next month
Today, Polestar has proudly announced that the Polestar 5 will be featured in Gran Turismo 7 for PlayStation 4 and 5 starting next month. Polestar worked very closely with Polyphony Digital (a subsidiary of Sony Interactive Entertainment) in order “to create a wholly accurate digital representation” of the car, the official press release says. The teams “have faithfully translated the… Read more…
RWE just made UK wind history with recyclable turbine blades
Global energy giant RWE just hit another milestone at its Sofia Offshore Wind Farm in the North Sea – it’s finished installing all of its recyclable wind turbine blades, the first time that’s ever been done at scale in the UK. Read more…
The Genesis GV90 is shaping up to be a real stunner [Video]
The GV90 will be the brand’s largest, most luxurious SUV yet. With its official debut coming up, a production version of the Genesis GV90 was spotted in public for the first time, offering a closer look at the stunning SUV. Read more…
Here’s why Lexus wants to sell you this 6-wheeled, ultra-luxe EV people mover
Lexus says the LS no longer stands for a luxury SUV or sedan, but rather for “Luxury Space.” The new Lexus LS is a 6-wheeled ultra-luxe EV people mover — but why does it even exist. Read more…
Rivian board gives founder and CEO RJ Scaringe a new pay package worth as much as $4.6B
The board of Rivian has introduced a new pay package for the American automaker’s founder and CEO, RJ Scaringe, incentivizing him to stay on target and maintain growth over the next decade. If it comes to fruition, Scaringe’s revamped pay package could be one of the most robust in history.. Read more…
Honda is pumping the brakes on its $30,000 EV and a new electric sports car
Honda wants in on the growing demand for affordable EVs. With the company’s CEO saying EVs selling for under $30,000 will be the main competition in the US, Honda may offer one of its own. Read more…
Rad Power Bikes says it may close down by January
Rad Power Bikes, one of the most well-known electric bicycle companies in North America, appears to be headed for collapse as troubling signs have continued to stack up. Read more…
The Tesla Cybertruck And Model Y Bosses Both Just Quit
They’re the latest in a string of executive exits at the EV maker. Lire la suite…
Upcell forms Together gigafactory consortium
Upcell Alliance, a non-profit association focused on advancing the battery manufacturing ecosystem, has established Together, a collaborative consortium designed to connect industrial partners across the entire battery value chain to help speed up the rollout of battery gigafactories around the world. The consortium was created to operationalize the Upcell Turnkey Solutions initiative. In tandem with… Read more…
Upcell forms Together gigafactory consortium
Upcell Alliance, a non-profit association focused on advancing the battery manufacturing ecosystem, has established Together, a collaborative consortium designed to connect industrial partners across the entire battery value chain to help speed up the rollout of battery gigafactories around the world. The consortium was created to operationalize the Upcell Turnkey Solutions initiative. In tandem with… Read more…
Forsee Power to supply battery systems to Polish copper miner KGHM
Polish copper miner KGHM will equip its ZANPER T and HT24e electric mining machines with battery systems from Forsee Power. KGHM operates copper mines in Europe and manufactures machinery and equipment for the mining sector, including haul trucks, loaders or transport units through its subsidiary KGHM ZANAM. KGHM ZANAM engineers worked closely with Forsee Power… Read more…
Forsee Power to supply battery systems to Polish copper miner KGHM
Polish copper miner KGHM will equip its ZANPER T and HT24e electric mining machines with battery systems from Forsee Power. KGHM operates copper mines in Europe and manufactures machinery and equipment for the mining sector, including haul trucks, loaders or transport units through its subsidiary KGHM ZANAM. KGHM ZANAM engineers worked closely with Forsee Power… Read more…
Toyota’s first electric pickup is finally here [Images]
Toyota revealed a fully electric version of its best-selling pickup truck for the first time. The new EV pickup will begin rolling out next month, but those in the US may miss out. Read more…
Tesla (TSLA) sees worst sales performance in China in years
In October, Tesla (TSLA) saw its worst sales performance in China in years – down 36% year-over-year. It was its worst month of the year – even worse than when the automaker was transitioning production to the refreshed Model Y. Read more…
Tesla loses program manager behind its most successful electric car
Emmanuel Lamacchia, the program manager for Tesla’s Model Y, its best-selling car, announced that he is leaving the automaker. Read more…
Used EVs are suddenly hot sellers, with prices in the $20,000 to $30,000 sweet spot
Used vehicles are not exactly flying off the lot right now, but EVs are bucking the trend with prices hitting the sweet spot of around $20,000 to $30,000. Read more…
