Author: Harding Greenwood

South Korean battery manufacturers, LG Energy Solution Ltd. and SK On Co., are postponing their joint ventures with Ford Motor Co. due to signs of deceleration in the global electric vehicle (EV) market. The delays in these projects come in the wake of global automakers, including Ford, reevaluating their EV investment plans while remaining committed to electrification. LG Energy Solution had initially planned to break ground on its joint venture with Ford and Turkish investment holding company KOC Holding AS in Baskent, near Ankara, by the end of this year. The joint venture aimed to produce battery cells for electric…

Tesla has managed to outshine its competitors in the Chinese electric vehicle (EV) market by reporting an increase in insurance registrations for the initial week of November. This achievement is noteworthy as the broader EV industry has witnessed a decline in registrations during the same period. Most major EV manufacturers operating in China experienced challenges in sales at the beginning of November, but Tesla proved to be an exception. The resilience of Tesla’s market appeal, especially with cars emerging from the Gigafactory Shanghai assembly line, has once again positioned the company favorably among local consumers seeking EV options. Li Auto,…

Revel, a player in the electric vehicle (EV) landscape, is set to establish extensive networks of public EV fast-charging stations in New York and the San Francisco Bay Area, reinforcing its dedication to promoting electric mobility. The company’s announcement comes on the heels of its recent declaration of plans to introduce five additional ‘Superhubs’ in New York City, a move that will contribute a substantial 136 public charging stalls to New York’s growing EV infrastructure. https://twitter.com/Noticeandaccept/status/1720517539753816355 In November 2022, Revel secured a significant financial boost with a $50 million debt financing agreement with BlackRock Alternatives. These funds are earmarked for…

The Aspark Owl, undoubtedly one of the most opulent electric vehicles (EVs) ever conceived, has completed its journey from the assembly lines in Italy to its country of origin, Japan. This high-performance hypercar, available in two exclusive versions, comes with a multi-million-dollar price tag and is now ready to capture the attention of affluent Japanese consumers. Founded in Osaka in 2005, Aspark Co. is a Japanese company specializing in car manufacturing and engineering, boasting a global presence with over 25 offices. In addition to hypercars, Aspark is involved in engineering and web-related development. Despite dedicating more than seven years to…

BMW Group, the German automaker comprising brands like BMW, Mini, and Rolls-Royce, has announced a robust increase in global sales, both in its conventional combustion-powered models and electric vehicles (BEVs), reaffirming its commitment to maintaining competitive pricing and steering clear of price wars. In the third quarter of this year, the BMW Group reported a noteworthy milestone, delivering a total of 621,699 vehicles. This figure represents a substantial 5.8% upswing compared to the same period in the previous year when deliveries stood at 587,744 units. These impressive results have extended over the broader January to September timeframe, marking a 5.1%…

Autonomous driving startup Pony.ai has announced a significant milestone with a $100 million investment from Saudi Arabia’s NEOM, a special economic zone. This collaboration marks the beginning of a strategic partnership that extends beyond financial support, as the two entities plan to develop, manufacture, and deliver autonomous driving services, advanced vehicles, and smart vehicle infrastructure. NEOM’s Executive Director of Land Mobility, Terry Wong, emphasized the importance of this investment in realizing NEOM’s ambitious vision for a smart, zero-emission, and autonomous multi-modal transport system. He stated, “With this investment, we are moving ever closer towards a new future for commuters and…

Kia’s popular vehicle model, the Soul, has faced multiple recalls in the United States this year. Unfortunately, the trend continues with the announcement of a new recall affecting 6,262 units of the 2015-2019 Soul EV models. According to Kia’s recall notice issued in collaboration with the National Highway Traffic Safety Administration (NHTSA), the issue revolves around the potential for the vehicle to move when left unattended without the parking brake manually engaged, even if it is placed in the “Park” position. This concern stems from the intermittent failure of the parking pawl responsible for engaging the parking gear due to…

Polestar has unveiled the results of its first-ever Life Cycle Assessment (LCA) for the Polestar 4, shedding light on its remarkable environmental credentials. The report reveals that, at its launch, the Polestar 4 emits as little as 19.4 tonnes of CO2 equivalent, positioning it as the most eco-conscious vehicle in the Polestar lineup. The LCA takes into account all emissions generated during the vehicle’s production and component sourcing phases but does not consider emissions resulting from its usage or decommissioning. Notably, this figure reflects the emissions from the most efficient model in the Polestar 4 lineup. The Polestar 4 Long…

As the 2024 Olympic and Paralympic Games in Paris approach, Toyota has teamed up with GCK and B.E. Green to provide sustainable, emission-free transportation for the events. Ten used Iveco diesel coaches will be retrofitted with Toyota’s fuel cell technology to serve more than 5,000 visitors during the Games. Once the events conclude, the hydrogen-fueled coaches will be integrated into the fleet of B.E. Green, a French company specializing in CO2-neutral transportation. The retrofit involves replacing the conventional diesel engine and transmission at the front of the bus with a 370 kW electric motor, batteries, and Toyota’s fuel cell module…

California-based Phoenix Motorcars has entered into a partnership with Fermata Energy to integrate Vehicle-to-Grid (V2G) functionality across its entire lineup of medium-duty EVs. This initiative spans all generations of Phoenix Motorcars’ electric school buses, shuttle buses, and trucks, dating back to the initial deliveries in 2014 up to the current models. Denton Peng, CEO of Phoenix Motorcars, expressed the company’s commitment to maximizing the benefits of electrification for fleets, stating, “At Phoenix, our goal is to enable fleets to derive the most benefit from their electrification efforts. The partnership with Fermata Energy brings V2G capabilities to our vehicles and is…

Tesla has officially confirmed that the first customer deliveries of its much-anticipated electric Cybertruck will commence on November 30. This revelation came during a call to unveil Tesla’s third-quarter financial results, putting to rest a four-year wait that has kept eager customers on the edge of their seats. Tesla CEO Elon Musk had previously hinted at Cybertruck deliveries beginning in the third quarter of this year, a goal that was not met. However, the latest disclosure from the automaker assures those who have reserved a Cybertruck – reportedly in the millions – that their wait is nearly over, and production…

Zeekr, an emerging player in the electric vehicle market, is catching attention with its 001 FR model, a sedan-shaped electric car equipped with four electric motors. While the capability of performing tank turns isn’t new—Rivian initially showcased this feature but later withdrew it due to concerns of potential trail damage—it’s rare to see a sedan executing such maneuvers. “Provided they have the quad motor hardware, there’s no reason why regular sedans can’t perform such stunts,” as demonstrated by Zeekr’s 001 FR. When it comes to performance metrics, Zeekr’s FR stands as a formidable rival to Tesla’s Model S Plaid. The…