Author: Derick Munoz

Derick Munoz is an EV journalist at EVMagz.com, focusing on the business and regulatory side of the electric mobility transition, including automaker strategy, clean transport policy, investment trends, and the expansion of EV infrastructure across major global markets.

The Kia EV9, an all-electric SUV, has added another accolade to its collection by winning the coveted “Best of the Best” award in the Cars and Motorcycle category at the Red Dot Award: Product Design 2024. The Red Dot competition judges praised the EV9’s “Opposites United” design philosophy, highlighting its successful exterior design, contemporary character, and strong classic lines. The Red Dot Design Award is renowned as one of the most prestigious seals of design quality. The award ceremony is scheduled to take place on June 24, 2024, at the Aalto Theatre in Essen, Germany. Since its launch in 2023,…

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The European Union is facing a significant shortfall in electric vehicle (EV) charging points, needing nearly eight times more installations per year than in 2023 to meet projected demand, according to the European autos group ACEA. In 2023, just over 150,000 public charging points were installed across the bloc, totaling more than 630,000. However, this falls far short of the approximately 410,000 needed annually for the European Commission to achieve its target of 3.5 million charging points by 2030, ACEA stated. Demand for EV charging has outpaced expectations, with EU electric car sales growing three times faster than charging point…

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Gogoro, known for its innovative swappable battery technology for light electric vehicles, has announced a significant partnership with Japanese giants Sumitomo Corporation and Sumitomo Mitsui Finance and Leasing Co., Ltd. (SMFL). The partnership aims to leverage Gogoro’s Smart Batteries and battery-swapping system to expand the use of its technology beyond electric scooters, marking a major milestone for the company. The partnership with Sumitomo, a conglomerate with a vast array of subsidiary companies and a strong presence in industries such as automotive, transportation & construction systems, and urban development, is expected to accelerate Gogoro’s global business expansion. This move highlights Gogoro’s…

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German automaker Audi has announced a collaboration with U.S. company Applied Intuition to jointly develop automated driving (AD) systems, aiming to integrate the technology into future Audi vehicles. The partnership will focus on creating a unified solution to facilitate the development, validation, type approval, and deployment of AD systems. This collaboration seeks to address the challenges of slow progress and high costs associated with AD development. Applied Intuition’s end-to-end simulation and data management solutions, combined with Audi’s scenario-based systems engineering expertise, will enable the creation of a solution that meets current and future regulatory requirements. This framework will be designed…

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Iberdrola and BP are set to introduce the first megawatt charging stations in southern Europe as part of their joint venture in Spain, focusing on enhancing the charging infrastructure. The partners plan to install the MCS chargers, with a capacity of 1,200 kW, at logistics company Disfrimur’s site near Murcia in south-east Spain. The first MCS chargers are expected to be operational in 2024, initially at the Disfrimur site near Murcia and later at another company site in San Isidro near Alicante. Spanish company Power Electronics will provide the necessary hardware for the chargers. Iberdrola aims to establish the first…

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Archer Aviation has announced a major framework agreement with Abu Dhabi, unveiled at the DRIFTx mobility event in the UAE capital. This agreement signifies a significant step forward in accelerating Archer’s planned commercial air taxi operations in the region, with a targeted launch as early as next year. The agreement, valued at hundreds of millions of dollars, covers various aspects crucial to Archer’s expansion, including in-country manufacturing, operational setup, and training facilities across the UAE. Notably, Abu Dhabi’s commitment positions the emirate at the forefront of advancing urban air mobility, with plans to kick off air taxi operations utilizing Archer’s…

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Tesla has revealed plans for a European tour featuring its distinctive Cybertruck, which is set to visit 24 different cities across the continent. The electric vehicle company shared a teaser video on its Europe and Middle East account on X, showcasing the upcoming tour that will include stops in Germany, Italy, Spain, England, and more. Dubbed the “Cyber Odyssey” in the video, the tour follows previous Cybertruck displays in China, Japan, Thailand, and at the Tesla Gigafactory near Berlin, Germany. The tour marks Tesla’s continued efforts to showcase its unique electric pickup truck to audiences around the world. https://twitter.com/teslaeurope/status/1784602451066204438 The…

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Amid speculation about the fate of the BMW 4-Series, BMW North America’s Head of Product Communications, Tom Plucinsky, has clarified the automaker’s stance, indicating that reports of the 4-Series’ demise may have been premature. Plucinsky’s comments not only cast doubt on the rumored discontinuation but also underscore BMW’s dedication to both internal combustion engine (ICE) and electric vehicle (EV) technologies. Plucinsky emphasized BMW’s ongoing investment in a dedicated battery electric vehicle (BEV) platform while cautioning against assuming the discontinuation of any particular model. He also highlighted BMW’s research into hydrogen power as a potential solution for long-distance driving needs. Speculation…

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Milence, a joint venture between Daimler Truck, the Traton Group, and the Volvo Group, has revealed plans for its second charging station in Sweden, located in Ödeshög along the E4 freeway between Malmö and Stockholm. The station, set to open in September 2024, will initially feature eight CCS charging points providing 400 kW of power, with plans to expand to 16 points and include MCS chargers once the standard is finalized. This expansion aims to support the growing demand for electric truck charging infrastructure. Anja van Niersen, CEO of Milence, highlighted the company’s commitment to sustainable energy solutions, stating, “Sweden…

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Car rental giant Hertz announced its intention to significantly increase the sale of electric vehicles (EVs) this year. Contrary to its initial plan to sell 20,000 EVs, Hertz now aims to sell a total of 30,000 electric cars in 2024, marking a 10,000-unit increase from its January announcement. “At the beginning of the year, we had around 60,000 units in our global EV fleet,” Hertz wrote in its statement, “We have now upsized our EV disposition plan by 10,000 vehicles, for a total of 30,000 EVs intended for sale in 2024.” This move would account for half of all electric…

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CarMax has released its latest report on used electric vehicle (EV) sales, revealing notable shifts in the market. According to the Spring 2024 CarMax Electric Vehicle Consumer Report, based on sales data from September 1, 2023, to February 29, 2024, the top three most popular EVs at CarMax are the Tesla Model 3, Tesla Model Y, and Nissan LEAF, respectively. While these models held the top three slots in CarMax’s 2023 report, their average prices have decreased by $3,000 to $5,000 compared to last year. This trend is mirrored in the broader market, as the average price range for the…

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BYD has announced its latest innovation, the BYD Shark electric pickup truck, featuring a Dual Mode Off-Road (DMO) plug-in hybrid system. The company unveiled the new model through its official X account, creating anticipation ahead of the upcoming Beijing Autoshow. While specific pricing details have not been disclosed, the BYD Shark is expected to offer advanced technology and a sleek design. The incorporation of the DMO system is aimed at enhancing the vehicle’s off-road capabilities, potentially making it a competitive option in the electric pickup truck segment. BYD’s unveiling of the Shark underscores its commitment to innovation in the electric…

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