Author: David Smith

Chinese electric vehicle manufacturer Xpeng delivered 4,545 vehicles in February, according to data released by the company today, representing a 24.38% decrease year-on-year and a 44.91% drop from January figures. The Xpeng X9, the company’s Multi-Purpose Vehicle (MPV) model, accounted for 1,448 deliveries in February and nearly 4,000 units in the first two months since its launch on January 1. See also: Volkswagen and XPeng to Collaborate on Electric SUV as First Joint Project Priced at RMB 359,800 ($49,980), the X9 is the most expensive model in Xpeng’s product lineup. Despite the decrease in February deliveries, Xpeng remains optimistic about future…

The City of Toronto is teaming up with the government of Canada to add over 500 new electric vehicle chargers to the city’s corporate charging network, aiming to enhance accessibility and support the adoption of electric vehicles. By the end of 2025, electric vehicle drivers commuting to work in Toronto can expect to utilize 486 new Level 2 chargers and 40 fast chargers. This infrastructure expansion is made possible by a joint investment of $10 million from the City of Toronto and the Government of Canada. The new charging infrastructure will facilitate the City’s workplace charging program expansion, with some…

Aventon, the Brea, California-based electric bike brand known for offering quality at an affordable price, has unveiled its latest model, the Aventon Ramblas. This marks the brand’s entry into the dedicated electric mountain bike market, showcasing Aventon’s commitment to pushing boundaries in the e-bike industry. Despite its reputation for budget-friendly electric bikes, Aventon has positioned the Ramblas to compete with higher-end e-bike models. This move underscores the brand’s evolution towards offering more refined and feature-rich bicycles in the budget category. See also: Aventon Launches Upgraded Pace E-Bikes with New Torque Sensor and Added Features The standout feature of the Ramblas is…

Polestar has officially begun production of its highly anticipated electric SUV, the Polestar 3, at its facility in Chengdu, China. This marks a significant milestone for the company as it becomes the first Polestar model to be manufactured on two continents. The Polestar 3 is also set to be produced at another facility in Ridgeville, South Carolina, USA, with production scheduled to begin in mid-2024. According to Polestar CEO Thomas Ingenlath, the start of production in Chengdu is a crucial step forward for the company’s expansion plans. See also: Polestar 3 Undergoes Rigorous Hot Weather Testing as Production Nears “This stunning…

Li Auto has announced a robust fourth-quarter 2023 performance, with net income doubling from the previous quarter and a further improvement in gross margin. The company reported record revenue of RMB 41.73 billion yuan ($5.88 billion) in the fourth quarter, surpassing market expectations of RMB 39.8 billion yuan, as per its unaudited earnings report released today. This marks a 136.4 percent increase year-on-year and a 20.3 percent increase from the third quarter, exceeding the upper end of its previous guidance range of RMB 38.46 billion to RMB 39.38 billion. See also: Li Auto Unveils New Details of Mega Electric MPV Li…

French automaker Peugeot is gearing up to unveil its largest electric SUV to date, the E-5008. Positioned above the E-3008 in both size and features, the E-5008 promises to deliver a new level of sophistication and comfort to the electric vehicle market. Peugeot recently offered a sneak peek of the E-5008’s interior in a short teaser trailer, showcasing some of its key features. A standout feature of the E-5008 is its new Panoramic i-Cockpit, which boasts a massive 21-inch HD screen that integrates the heads-up display with the central infotainment panel. While Peugeot’s i-Cockpit infotainment system is a familiar sight…

BYD has introduced an updated version of its compact hatchback, the Dolphin, featuring a reduced starting price as part of its ongoing strategy. The new model, known as the Dolphin Glory Edition, was officially launched today, offering four variants with starting prices ranging from RMB 99,800 ($13,860) to RMB 129,800. Previously, the Dolphin was available in five versions with starting prices ranging from RMB 116,800 to RMB 139,800. The latest price adjustments mark a reduction of RMB 17,000, or 14.55 percent, making the Dolphin the latest addition to BYD’s post-Chinese New Year price war. See also: BYD Seal and Dolphin Earn…

A recent sighting of a Tesla Cybertruck sporting both the base aero wheel covers and Cybertruck-specific Goodyear AT tyres has stirred speculation about potential changes to the vehicle’s wheel cover design. This development comes on the heels of reports highlighting issues with the Cybertruck’s original wheel covers, which were reportedly causing damage to tyre sidewalls. In response, Tesla halted shipments of the Cyber wheel covers to customers and listed the item as “out of stock” on its accessory store. See also: Tesla Unveils New Cybertruck Wrap Colors, Including Satin Rose Gold and Satin Abyss Blue A video shared by Nic Cruz…

The Tesla Model 3 Long Range All-Wheel Drive (AWD) variant has experienced its third price hike this month, with the latest increase totaling $250. This latest adjustment brings the total price increase for this model to $1,750, marking a 3.8% rise. The initial $1,000 increase occurred shortly after the introduction of the refreshed “Highland” model, followed by a $500 raise just a week ago. Meanwhile, the price of the entry-level Tesla Model 3 Rear-Wheel Drive (RWD) remains unchanged at $38,990. Notably, the RWD version currently boasts an estimated delivery time of February-March for new orders, while customers looking for the…

Elon Musk, the outspoken CEO of Tesla and founder of the social media platform X, took to his platform to offer advice to American EV startups Rivian and Lucid following the release of their financial results for the fourth quarter and all of 2023. Both Rivian and Lucid are facing significant cash burn. Rivian, despite increasing revenue each quarter, continues to operate at a loss on every vehicle sold. The company has also announced a 10% reduction in its salaried staff. See also: Rivian Reports 2023 Financial Results: Net Loss of $5.4 Billion Despite Increased Sales https://twitter.com/elonmusk/status/1760508844114112722 Musk acknowledged that while…

New Jersey has unveiled a $45 million, three-year pilot program aimed at deploying electric school buses in 18 school districts, offering additional incentives for buses with the capability to power schools. The state’s Department of Environmental Protection (DEP) initiated the grant application program this month and conducted three recent webinars to guide participants through the application process. Notably, the February 14th webinar highlighted the advantages of bi-directional, vehicle-to-building (V2B) technology. V2B technology gained prominence during the 2021 Texas ice storms, where electric vehicles and some hybrids provided power to homes, serving as lifelines for those reliant on continuous electricity. New…

VinFast, the Vietnamese manufacturer, presented its business figures for 2023, revealing that it delivered 34,855 electric vehicles last year and posted a gross loss of just over half a billion US dollars. The company aims to sell 100,000 cars in 2024. VinFast fell short of its 2023 expectations, having previously stated its intention to deliver between 40,000 and 50,000 vehicles. The manufacturer delivered 34,855 units, with a five-digit number delivered in the second half of the year for the first time. After handing over 10,027 EVs to customers in Q3, this number rose to 13,513 in Q4. VinFast opened the…