The final merger agreement prices Zeekr at $26.87 per ADS, up from the $25.66 proposed two months ago.
The merger is currently expected to be completed in the fourth quarter of 2025, and Zeekr will delist from the NYSE.
Panasonic inaugurates its second battery plant in Kansas
Panasonic celebrates the opening of its new US factory for electric car round cells in De Soto near Kansas City. This is the Japanese manufacturer’s second production facility in the USA. Series production of 2170 cells has already begun in Kansas. It remains to be seen how quickly Panasonic intends to scale up. Read more…
Blink Charging acquires Zemetric to boost fleet EV charging
Blink Charging has acquired 100% of Zemetric, a US-based charging infrastructure company specialising in fleet, multi-family, and high-utilisation destination charging. The acquisition is expected to close by mid-July. Read more…
Tesla officially launches Model Y in India
After more than a decade of back-and-forth discussions and delays, Tesla has officially entered the Indian market. The company today inaugurated its first showroom in Mumbai and introduced the new Model Y as its maiden product in the country. Read more…
Nio’s new ES8 to feature same 102-kWh battery pack as ET9, regulatory info hints
The new Nio ES8 is equipped with a 102-kWh battery pack, offering a CLTC range of 635 kilometers.
The new ES8 could offer a longer range without increasing the starting price, thereby enhancing its appeal.
China’s robotaxi market to reach $44.5 billion by 2035, says TrendForce
TrendForce predicts that China’s robotaxi market will reach $44.5 billion by 2035, about 900 times its current size.
China’s robotaxi industry is booming, driven by a well-established supply chain system that will rapidly reduce hardware costs.
Hyundai reveals Ioniq 9 UK pricing and specs
Hyundai Motor UK has announced specifications and pricing for the Ioniq 9 electric SUV. Starting at £64,995, the 110kWh battery delivers up to 385 miles WLTP range. And Hyundai’s first smart AI Assistant comes standard. Read more…
PepsiCo deploys six eActros with XPO to cut UK fleet emissions
PepsiCo UK has appointed XPO Logistics as its core transport provider across England and Wales. The partnership will see six Mercedes-Benz eActros electric trucks replace over one million diesel kilometres annually, cutting emissions by more than 1,200 tonnes. Read more…
Tesla Finally Enters India With $70,000 Model Y
Tesla wants to get its mojo back by entering the world’s fourth-largest car market. But can it do that with luxury car pricing? Lire la suite…
The Mercedes-Benz CLA Shooting Brake EV Can Go Over 470 Miles On A Charge
Mercedes-Benz’s first electric wagon is here. Lire la suite…
Audi Q6 Sportback E-Tron finally arrives in the US
Audi is expanding its lineup of electric cars with the official US launch of the 2025 Audi Q6 Sportback E-Tron. Positioned as the fashion-forward sibling to the more traditional Q6 E-Tron SUV, the Sportback model looks to buyers who prefer a sleek, coupe-like design. This new entry into the world of premium EVs comes exclusively with a dual-motor, all-wheel-drive configuration… Read more…
UK announces new EV subsidies
The UK government has launched a £650 million Electric Car Grant (ECG), providing up to £3,750 off eligible EVs under £37,000. From 16 July, manufacturers can apply to join the scheme aimed at cutting costs, boosting adoption and supporting the 2030 petrol and diesel phase-out. Read more…
Mercedes CLA gets estate offshoot
Mercedes-Benz has unveiled the estate version of the electric CLA. The CLA Shooting Brake will be launched with the same engines as the saloon. However, it will be some time before the first vehicles are delivered. Read more…
How one man with a hacksaw and an e-bike became a Texas flood ‘hero’
Locals call him the “Bicycle hero,” but Texas man Evan Wayne says he’s just doing what he can to help his community after it was cut off due to the recent devastating and deadly flooding tragedy.. Read more…
Huawei-backed Aito to launch M8 BEV variants in Aug, set to heat up electric SUV race
The Aito M8 BEV will be available in five-seat and six-seat versions, with a standard 100-kWh battery pack from CATL and a CLTC range of up to 705 km.
Li Auto will launch the Li i8 on July 29, while Nio’s sub-brand Onvo will launch the L90 by the end of this month.
China EV insurance registrations for week ending Jul 13: Nio 2,410, Tesla 12,270, Xiaomi 6,680
Nio Inc, including the Nio, Onvo, and Firefly brands, saw 4,100 insurance registrations in China last week, down 19.77 percent from 5,110 the previous week.
Tesla saw a 144.91 percent increase in insurance registrations in China last week compared to the previous week’s 5,010.
BMW, Momenta team up to develop China-specific smart driving system
The smart driving solution developed by BMW and Momenta will be used in multiple BMW models, including domestically produced next-generation cars.
Momenta is one of the key smart driving solution suppliers in the Chinese market, alongside Huawei.
Li Auto shares interior photos of Li i8, official launch set for Jul 29
Li Auto will begin accepting pre-orders for the Li i8 on July 17, with the launch event scheduled for July 29.
The Li i8 will be Li Auto’s first all-electric SUV, featuring a design that deviates from the conventional boxy SUV shape.
EV sales hit 9.1M globally in H1 2025, but the US just hit the brakes
The global EV market is still charging ahead. According to new numbers from global research firm Rho Motion, 9.1 million EVs were sold worldwide in the first half of 2025, up 28% compared to the same period last year. But not every region is accelerating at the same pace. Read more…
Xpeng’s flying car unit completes $250 million Series B financing
Xpeng Aeroht has completed a $250 million Series B financing round to accelerate the mass production of its Land Aircraft Carrier modular flying car.
Xpeng Aeroht announced on August 5, 2024, that it had secured $150 million in Series B1 funding and launched its Series B2 funding round.
