CATL's Ambitious Move Towards Standardized Swappable Batteries
CATL has announced an initiative to standardize swappable batteries, unveiling two Choco-SEB battery packs and planning 10 new models in partnership...
Nio Unveils Affordable EV to Challenge Tesla’s Dominance
Chinese automaker Nio is set to launch a new affordable electric vehicle under its sub-brand Firefly, designed to compete with Tesla. The compact...
Volvo's Triumphant Performance at the Auto Trophy 2024
Volvo secures a remarkable victory with three class wins at the prestigious Auto Trophy 2024, showcasing the exceptional quality and reliability of...
Significant Decline in Lithium-Ion Battery Prices: Implications for the Electric Vehicle Industry
Lithium-ion battery prices dropped significantly in 2024 to $115 per kWh, the largest decrease since 2017. Key factors include overproduction,...
Stellantis and CATL Invest €4.1 Billion in Large-Scale LFP Battery Plant in Spain
Stellantis and CATL have announced a joint investment of up to €4.1 billion to build a large-scale lithium iron phosphate (LFP) battery plant in...
Chery's iCar V23 Electric SUV Set to Launch in December
Chery's iCar V23, an electric off-road SUV, is set to hit the market on December 16, marking the brand's second mass-produced vehicle entry.
The Growing Influence of CATL and BYD in the Global EV Battery Market
CATL and BYD are leading the global EV battery market, holding the top two positions with significant shares. Their dominance highlights the...
Volvo's Electrified Models Drive Global Sales Surge
Volvo Cars' global sales surged by 5% in November, with electrified vehicles making up nearly half of all sales. Europe and the US led this growth.
Stellantis and Samsung SDI Secure $7.5 Billion Loan for Indiana Battery Plant
The DOE's $7.5 billion loan to Stellantis and Samsung SDI aims to boost battery production in Indiana, enhancing the US EV supply chain with two new...
Porsche Recalls Electric Macan Due to Headlight Concerns
Porsche recalls nearly 3,000 electric Macan models due to headlight brightness issues exceeding US standards, requiring dealership visits for...
Li Auto's Strategic Moves in the Electric Vehicle Market
Li Auto is making significant strides with its smart driving team reshuffle and 0-interest financing, setting a competitive edge in the EV industry.
Rivian Secures $6.6 Billion Loan for Georgia EV Plant
Rivian has secured a $6.6 billion conditional loan from the DOE to build a new electric vehicle plant in Georgia, expected to produce 400,000...
BYD Sealion 07 Launches in Norway, Marking a New Era for Electric SUVs
BYD's Sealion 07 enters the Norwegian market, promising to redefine the electric SUV segment with its innovative features and eco-friendly design.
Baidu's Apollo Go Robotaxis Set for Trial in Hong Kong
Baidu is gearing up to launch its Apollo Go robotaxis in Hong Kong by the end of the year, marking a significant milestone for autonomous vehicle...
Hyundai and Genesis Recall Over 145,000 Electric Vehicles for Power Issues
Hyundai and Genesis are recalling 145,235 EVs due to a potential issue with onboard chargers, which could lead to reduced drive power and fail-safe...
BMW's Neue Klasse Electric SUV Enters Pre-Production Phase
BMW's innovative Neue Klasse electric SUV has begun pre-production, marking a significant step in the company's electric future, with full production...
The Rise of Smart Driving Systems in Electric Vehicles
Great Wall Motor is set to integrate Huawei's smart driving system, marking a significant shift in the electric vehicle landscape.
Hyundai IONIQ 9: Another Big Electric SUV Soon on the Market
Hyundai IONIQ 9 is a three-row electric SUV offering advanced technology, premium design, and spacious interiors. Sharing similarities with Kia EV9,...
Ford Restructures European Operations Amid Economic and Regulatory Pressures
Ford is restructuring its European operations, cutting 4,000 jobs by 2027 to address economic pressures, rising competition from Chinese EV makers,...
China's Electric Vehicle Market Sees Dynamic Growth and Innovation
China is revolutionizing its electric vehicle industry with notable advancements in battery transportation and significant growth in insurance...
