Nio is set to launch its first plug-in hybrid under the Firefly brand in 2026, aiming at international markets including Europe, the Middle East, and North Africa.
EV News
Škoda Auto posts strong 2024 growth with rising sales and solid financial performance, strengthening its position in Europe and expanding its EV lineup with models like the Enyaq and Elroq.
XPENG achieved a record-breaking 23,917 EV deliveries in October 2024, marking 20% year-over-year growth. Highlights include the success of the MONA M03, advanced ADAS technology, and expansion into the UAE. Discover XPENG's latest achievements in the global EV market.
Volkswagen's Q3 2024 financial results reveal significant challenges, with Škoda Auto standing out as a positive performer. Discover how Škoda exceeded expectations while the Volkswagen Group faces cost-cutting measures, factory closures, and competition from electric vehicle manufacturers.
The Yangwang U7 is set to revolutionize the electric vehicle market with its second-generation BYD blade battery, promising enhanced performance and efficiency.
Chinese battery manufacturer Svolt announces its withdrawal from the European market, citing unmet expectations in the region's electric vehicle sector.
Speculations intensify about a possible Tesla Model Y refresh, as sightings of camouflaged prototypes emerge and the Shanghai Gigafactory reaches new production milestones.
Li Auto has achieved a significant milestone by delivering its one millionth vehicle, highlighting the company's rapid growth and impact in the electric vehicle market.
Chinese automaker BYD expands its presence in Europe with the launch of the Sealion 7 at the Paris Motor Show, aiming to meet the rising demand for eco-friendly vehicles.
Tesla's Shanghai factory achieves a production milestone with its 3 millionth vehicle, while September sees record sales, reinforcing China's role in Tesla's growth.
