Author: Derick Munoz

Japanese automotive giant Nissan, a trailblazer in the mass production of electric vehicles (EVs) with the launch of the Leaf over a decade ago, has disclosed its intentions to introduce a next-generation Leaf along with two additional electric vehicle models. This strategic move is part of a substantial multi-billion investment in the United Kingdom. The two forthcoming fully electric models include a mid-sized electric SUV, an all-electric Nissan Qashqai, and a slightly smaller model, the electric Nissan Juke. See also: Nissan’s Hyper Punk Concept Sparks Anticipation for Electric Juke EV Design Nissan is set to inject £3 billion ($A5.7 billion)…

Stellantis has inaugurated the ‘Sustainera Circular Economy Hub’ at its Mirafiori plant in Turin, a significant investment totaling €40 million. The 73,000 m² facility is dedicated to the remanufacturing of electric vehicle (EV) components, including motors, gearboxes, and high-voltage batteries, as well as vehicle overhaul and dismantling. As part of Stellantis’ broader sustainability initiatives, the Circular Economy Hub is positioned for expansion, with the current workforce of 170 employees projected to reach approximately 550 by 2025. The primary focus of the facility is to extend the lifespan of vehicle components and contribute to the circular economy within the automotive sector.…

Faraday Future has set its sights on the Middle East market, marking its entry with strategic cooperation agreements with Master Investment Group and Siraj Holding LLC. The move is accompanied by the official launch of the FF brand in the region. As part of this expansion, Faraday Future plans to introduce a limited-edition model, the FF 91 2.0 Futurist aiFalcon, specifically tailored to the Middle East market, with anticipated delivery slated for 2024. The exclusive model will feature 1-on-1 bespoke private AI, superior connectivity through Super AP 5G3, and specialized extreme racing training and certification. See also: Faraday Future Unveils…

Canada is grappling with a strategic dilemma in its endeavor to expand the electric vehicle (EV) charging infrastructure across the nation, with advocacy groups and government officials proposing different approaches to accelerate the shift toward electric transportation. Prime Minister Justin Trudeau’s government, focused on constructing EV ports in populous public areas and multi-family residential buildings, faces calls to reassess its strategy to meet ambitious climate goals. While Trudeau’s rollout plan emphasizes high-traffic zones, experts caution that this approach may fall short of rapidly increasing EV adoption. Some advocacy groups contend that Canada’s prime opportunity for expanding its charging network lies…

Octopus Energy has formalized an agreement to lease an initial fleet of 200 electric vehicles (EVs) from Fisker, marking the commencement of a long-term partnership between the two companies. Octopus Electric Vehicles, a unit of Octopus Energy, has positioned itself as a pioneer by becoming the first lease provider in the UK to introduce the Fisker Ocean SUV to its portfolio. The leasing options, available to clients and staff, encompass various schemes such as salary sacrifice for tax savings, business contract hire, and personal leasing. Although specific rates have not been disclosed, Octopus Electric Vehicles emphasizes the inclusion of the…

In a recent analysis, Jefferies analyst Phillipe Houchois has proposed that the much-anticipated Tesla Cybertruck may not bring immediate benefits to the electric vehicle (EV) manufacturer and suggests that canceling the project could positively impact the company’s shares. Houchois has revised the price target for Tesla stock to $210 per share, citing reduced earnings and free cash flow estimates. While acknowledging the bold nature of suggesting the cancellation of Tesla’s first-ever electric pickup, the analyst’s concerns about the company’s short-term financial outlook are not without merit. Houchois notes that Tesla appears to face challenges in the coming 12-18 months, potentially…

The off-road motorcycle landscape is witnessing a transformation, driven by the rise of electric dirtbikes that offer a unique blend of lightweight design, potent performance, and silent operation. At the recent EICMA 2023 event, numerous electric off-roaders were on display, with Hero MotoCorp’s subsidiary, Vida, introducing its inaugural electric off-road model – the Vida Concept Lynx. Focusing on the essential attributes of electric off-road bikes, Vida prioritizes keeping weight low to maximize performance. The Concept Lynx impressively weighs in at a mere 82 kilograms (approximately 181 pounds). Harnessing the inherent torque and instantaneous power of electric motors, the mid-mounted electric…

Chinese electric vehicle manufacturer Nio is reportedly poised to reveal a flagship luxury sedan at its forthcoming Nio Day event in Xi’an, China, set for next month. The anticipated model, in development since December of the previous year, is expected to be positioned as an electric counterpart to the Mercedes-Maybach S-Class, contributing to Nio’s expansion efforts. Sources suggest that Nio’s new luxury sedan, slated for a 2025 launch, will be presented as a Nio-branded product rather than under one of the company’s sub-brands. Built on the new NT3 platform, the sedan is rumored to feature an extensive wheelbase of 3.3…

Chinese electric vehicle (EV) manufacturer Zeekr is reportedly set to unveil a mainstream SUV, codenamed CX1E, hot on the heels of its recent debut, the Zeekr 007 sedan. AutoPix, a local media outlet, revealed yesterday that the SUV is currently in the development stage, with trial production scheduled for the first quarter of 2024 and mass production expected to commence later that year. Following the niche market approach with models like the Zeekr 001, Zeekr 009, and Zeekr X, Zeekr’s foray into the mainstream EV market is a response to evolving consumer preferences. The CX1E is poised to compete with…

German automaker BMW is expressing confidence in the potential success of the all-electric i5 version of its new 5-Series, projecting that it will capture half of all 5-Series sales in Europe. CarScoops recently conducted a test of the flagship i5 M60 xDrive in South Carolina, with positive feedback. BMW’s optimism extends to anticipating a 50-50 sales split with the internal combustion engine (ICE) model in Europe, and a projected 30% of global sales over the i5’s life cycle, as communicated by a company spokesperson to Auto News. Market-specific powertrain options differentiate the new BMW 5-Series and i5. In the United…

Volvo Buses and Spanish coachbuilder Castrosua have entered into a strategic collaboration for the joint development, production, and marketing of electric city buses in Spain. The partnership will see the integration of Volvo BZL Electric chassis with the Nelec body from Castrosua, with the first deliveries expected to transport companies by the end of 2024. This collaboration follows Volvo Buses’ decision in March to cease the production of complete buses in Europe, redirecting its focus towards partnerships for the development of electric buses. Castrosua has previously partnered with BYD on electric buses, unveiling their first jointly developed model in May.…

Tesla has once again modified the pricing of its electric vehicles in China, this time targeting the Model Y Long Range with a modest increase. According to the latest information on Tesla’s Chinese website, the starting price for the Model Y Long Range has been raised by RMB 2,000 yuan ($280). This move results in a 0.66 percent increase, bringing the Model Y Long Range’s starting price to RMB 304,400 from its previous mark of RMB 302,400. Tesla confirmed the price hike on Weibo as well, emphasizing a sense of urgency for potential customers who may still be contemplating their…