Author: Linda Ma
Linda Ma has been reporting on the global electric vehicle industry for EVMagz.com since becoming a reporter in 2021, focusing on EV technology, battery innovation, charging infrastructure, and clean mobility trends across major markets. With a background in digital journalism and media communications, she brings a clear and engaging approach to complex industry developments. Outside of work, Linda enjoys watercolor sketching, early-morning yoga, and exploring independent coffee roasters.
Zeekr 001 Sets new Guinness World Record with a drift at 129 MPH and fastest slalom by an EV
The Zeekr 001 has broken a new Guinness World Record for the fastest drift by an electric vehicle. In addition, a new record was recorded, namely the fastest slalom completed by an electric vehicle. The Zeekr 001 is the production version of the Lynk & Co Zero Concept, which was first launched in September 2020. A new record for fastest drift EV, the rear of the car kicks at a speed of 207,996 km/h (129.2 mph). The Zeekr 001 also sets a new benchmark for electric vehicle slalom, passing 50 cones the same distance in just 49.05 seconds. Both records…
Chinese tech giant Xiaomi has reportedly selected CATL and BYD as battery suppliers for its first electric vehicles, according to local media reports. Xiaomi Auto plans to present two variants with a battery voltage of 400 and 800 volts for its first electric vehicle model. The 400 V version will use the iron phosphate chemical-based Blade battery from BYD’s battery division, while the 800 V model will use CATL’s latest Qilin battery and use ternary chemicals, according to a report by China’s 36kr portal. However, it is not yet clear whether the supply contracts between Xiaomi Auto and BYD and…
SK On raises $1.51 billion from private equity firms to expand EV batteries production abroad
SK On, an electric vehicle battery maker from South ore, has raised about 2 trillion won ($1.51 billion) from private equity firms, pushing the company’s valuation to around 20 trillion won ($15.1 billion), local media reported on Thursday. The electric vehicle battery unit of energy group SK Innovation Co Ltd (096770.KS) has been in talks with a local private equity consortium that includes EastBridge Partners, Korea Investment Partners and Stella Investment, a source said. SK On had previously spoken with global private equity firms, including Carlyle Group Inc (CG.O) and BlackRock Inc (BLK.N), but talks stalled over the Russia-Ukraine war…
Geely aims to increase the proportion of electric vehicles in its total sales to 50% in 2023
Geely targets the proportion of electric vehicles in its total sales to be 50% by 2023. A very ambitious target amid weak demand for cars with internal combustion engines. Chief Executive Jerry Gan said sales of pure electric and plug-in hybrids would account for more than 30% of Geely’s monthly sales in the second half of this year. According to the latest data from the company, one in five vehicles that Geely sold in the first half was a full electric or hybrid vehicle. Sales of full electric or hybrid vehicles almost quadrupled, in contrast to sales of vehicles with…
SAIC-GM-Wuling (SGMW) announced that its cumulative electric vehicle sales in China have surpassed 1 million units. Since 2017, SGMW has introduced eight electric vehicle models in China, from the earliest Baojun E100 to the best-selling Wuling Hong Guang MINI EV. The latter has been the new energy vehicle (NEV) sales champion in China for 22 consecutive months since its launch in July 2020. In its official statement, the Chinese manufacturer claims that the Wuling and Baojun EV successes are based on the locally developed SGMW Global Small Electric Vehicle (GSEV) platform, which offers economies of scale and significant production flexibility.…
Electric car giant Tesla said it had cut delivery lead times for its Model 3 and Model Y cars in China in order to increase production at its Shanghai plant. The waiting time for rear-wheel-drive Model Y sports vehicles is now four to eight weeks, while buyers of Model 3 SUVs and sedans will have to wait 12 to 20 weeks. Tesla previously said buyers in China would have to wait eight to 24 weeks after ordering the best-selling model. Tesla confirmed the shortened lead times, first disclosed on the company’s Chinese website, citing increased output at its Shanghai plant…
Baran Energy is a company engaged in the provision of electrical energy storage from Indonesia. The company is also developing various electric vehicles. One of them is an electric motorcycle named Baran Energy Anubis CruiserCross. The adventure genre is very attached to this Indonesian-made electric motorbike. The Baran Energy Anubis CruiserCross has a design like a cruiser motorbike that is ready for adventure in all fields. This sport touring electric motorcycle is equipped with a fairly capable drive. The drive is capable of producing a maximum power of 43 hp and a maximum torque of 106 Nm. With this drive…
Tesla has produced more than three million cars. This was conveyed by CEO Elon Musk via tweet on Sunday, August 14, 2022. Of that total, Tesla’s Shanghai factory has produced one million cars, according to the tweet. “Congratulations Giga Shanghai on making the millionth car! Total Tesla made now more than 3 million,” wrote Musk’s tweet, Monday (15/8/2022). https://twitter.com/elonmusk/status/1558867758368133122?ref_src=twsrc%5Etfw Musk’s announcement comes after months of lockdowns due to Covid-19 and parts shortages in China that threaten production of Tesla vehicles. Giga Shanghai produced a large number of new vehicles after opening in 2019 and the following years of investment. The…
After previously pre-order the G9 electric SUV, Xpeng Motors has just presented its S4 ultra-fast charging technology. The company promises an additional 210 kilometers of range in five minutes using the S4’s ultra-fast charger, real-world tests show. The S4 ultra-fast charger has a maximum power of 480 kW, a maximum current of 670 A and a peak charging power of 400 kW, said XPeng CEO He Xiaopeng. https://www.youtube.com/watch?v=IOD4f4Vt4C0&feature=emb_title By comparison, the Tesla V3 Supercharger has a maximum power of 250 kW, a maximum current of 631 A and provides an additional 150 kilometers of range in five minutes, according to…
BYD is introducing the Atto 3 electric SUV to other markets with a launch in Cambodia. With Huan Ya He Zhong Trading Co Ltd as a local partner, BYD held the launch of Atto 3 on August 13. The BYD Atto 3, also known as Yuan Plus in China, uses the e-platform 3.0 platform and is the first model built for the global market. On February 19, BYD began accepting Yuan Plus orders in China and Australia. This model serves as BYD’s first global passenger car to strategically target global markets. The BYD Atto 3 has an estimated CLTC range…
The GAC Group will create a subsidiary that will make the electric drive system. To that end, the company has invested 312 million euros which will be used to build a production line with an annual capacity of 400,000 integrated electric drive systems by 2025. The subsidiary is a joint venture between GAC Group (23 percent), GAC Motor (26 percent) and GAC Aion (51 percent). GAC Aion has been known as a NEV manufacturer that builds and sells electric vehicles of the Aion brand which are known to have impressive technical specifications. GAC Aion may also be a major buyer…
BYD plans to invest $4.2 billion in a power battery base as well as a mining project in Yichun
BYD is still continuing its expansion to meet the huge demand for electric vehicles. China’s largest new energy vehicle (NEV) manufacturer and second largest electric battery maker recently signed a strategic cooperation framework agreement with the Yichun municipal government in Jiangxi province to invest $4.2 billion in the construction of an electric vehicle battery base and mining project in the city. , according to a release from the local government. The battery base to be built in Yichun city will have an annual capacity of 30 GWh. Meanwhile, mining projects are targeted to be able to produce 100,000 tons of…