Author: Ivan Popov

Tesla has started ramping production of non-Launch Series variants of its updated Model Y crossover, suggesting the automaker is addressing earlier constraints that impacted its first-quarter production and deliveries. The rollout of the updated Model Y, which began with only the higher-priced Launch Series trim, was cited by Tesla in its Q1 2025 production and delivery report as a limiting factor for output in the quarter. The company reported 323,800 combined deliveries of the Model 3 and Model Y during the period. See also: Tesla Launches Juniper Model Y at $49,000 as Cheaper Alternative Images taken at Tesla’s Giga Texas…

Hyundai Motor has revealed the Insteroid, a concept electric vehicle based on its compact Inster model, designed to appeal to gaming enthusiasts and younger consumers. The concept was officially unveiled on April 1 in Seoul and is on display at the Seoul Mobility Show running from April 3 to 13. With a bold orange and white color scheme, the Insteroid features a stripped-down, sport-oriented design, including bucket seats, a roll cage, and a modular instrument board with bright LED displays. The vehicle’s exterior design includes widened arches, a large spoiler, and a visual style reminiscent of video game racing simulators.…

Stellantis will continue purchasing carbon credits from a “pool” led by Tesla (TSLA.O) in 2025 to meet European Union CO2 emissions targets, despite a regulatory extension allowing compliance over a three-year period, the company’s European chief said. Carmakers facing stricter EU emissions regulations have formed pools to offset their CO2 output, with companies that have lower electric vehicle (EV) sales purchasing credits from market leaders such as Tesla and Polestar. Stellantis, Europe’s second-largest automaker, has joined a Tesla-led pool that includes other manufacturers. See also: Stellantis Invests €38 Million in Italian Plant for Electric Motor Components While the European Commission…

Northvolt’s bankruptcy trustee announced on Monday that the electric vehicle (EV) battery manufacturer had reached an agreement in principle with key stakeholders to secure financial guarantees, allowing the company to continue operating on a reduced scale. The Sweden-based battery firm, once considered Europe’s leading contender against China in EV battery production, filed for bankruptcy on March 12 in one of the country’s largest corporate failures. See also: LG Energy Solution to Acquire GM’s Michigan EV Battery Plant Assets for $2 Billion Under the restructuring plan, Northvolt will retain approximately 1,700 employees, a fraction of its original 5,000-strong workforce. Some additional…

Residents of Paris have voted in favor of closing 500 additional streets to cars, continuing the city’s push toward a more pedestrian-friendly environment. However, voter turnout in the referendum was low, with only 4% of the nearly 1.4 million registered voters participating. Despite the low turnout, 65% of those who voted supported the initiative, while 34% opposed it, according to official figures. The plan, spearheaded by Mayor Anne Hidalgo’s administration, will result in the removal of 10,000 parking spots, with further consultations set to determine which streets will become pedestrian zones. Currently, Paris has 220 car-free streets out of its…

Stellantis is set to begin production of the Citroën ë-C3 electric vehicle (EV) in Kragujevac, Serbia, alongside its primary manufacturing site in Trnava, Slovakia, according to Serbian media reports citing trade union sources. Saša Đorđević, head of the Kragujevac branch of the Federation of Independent Trade Unions of Serbia (SSSS), said the plant is already supplying parts for the ë-C3 to Trnava and is expected to assemble the model later this year. “This is good news for employees in Kragujevac,” Đorđević said, adding that production would be carried out in cooperation with the Slovakian facility. However, Kragujevac’s output is expected…

Economic advisors from France and Germany have called for a joint approach to decarbonizing road freight transport, advocating a focus on battery-electric trucks (BET) while limiting public funding for alternative technologies such as hydrogen and catenary hybrid trucks. In a joint statement, the French Conseil d’analyse économique (CAE) and the Franco-German Council of Economic Experts (FGCEE) urged both governments to align their strategies to strengthen domestic policies, improve infrastructure interoperability, and accelerate EU-wide regulatory harmonization. “Policies should focus on battery-electric trucks as these represent the most mature and market-ready technology for road freight transport,” the statement read. The experts argue…

New Zealand-based electrical solutions provider Singer Electric has partnered with EV charging management software firm Ampeco to develop the country’s largest electric vehicle charging network, targeting 2,500 installed chargers by the end of the year. Singer Electric currently manages 500 of its 2,500 existing chargers through its proprietary Apollo platform. The integration of Ampeco’s software into Apollo is expected to enhance the company’s full-service EV charging offering, which includes consultation, installation, energy management, and ongoing maintenance for businesses transitioning to electric mobility. See also: Ampeco Raises $26 Million in Series B Funding for EV Charging Expansion “As New Zealand accelerates…

Mazda is set to introduce the Mazda6e in Germany this April, with prices starting at 44,900 euros. However, the Japanese automaker is scaling back its electrification investments, raising questions about the future of its electric sedan lineup. Mazda’s leadership announced a “Lean Asset Strategy,” which includes a 40% reduction in development investment and a 50% decrease in development man-hours for its battery electric vehicle (BEV) set to launch in 2027. See also: Mazda to Build 10 GWh Battery Plant in Japan Using Panasonic Cylindrical Cells The company aims to cut initial capital investment by 85% and mass production preparation time…

Charge point operator GreenWay has raised over €50 million from French energy investment firm Mirova, making the company its largest shareholder, GreenWay Holding announced. The investment will bolster GreenWay’s expansion efforts across Central and Eastern Europe amid what the company describes as “challenging market conditions.” GreenWay had sought an investor with strong long-term backing, and Mirova—already an investor in Driveco, Zunder, Jet Charge, and NEoT Green Mobility—was seen as a strategic fit. Mirova joins existing shareholders Janom Investment, Generation Capital, Helios Energy Investment Funds, and Neulogy Ventures, along with the company’s founders and management team. GreenWay operates fast and high-power…

Xpeng posted record revenue of RMB 16.11 billion ($2.21 billion) in the fourth quarter of 2024, exceeding analyst expectations and its own forecast, driven by record-high deliveries. The Chinese EV maker also reported a reduced net loss, though its gross margin edged lower. Revenue for the quarter rose 23.4% year-on-year and 59.4% sequentially, surpassing the upper end of its previous guidance. Vehicle sales contributed RMB 14.67 billion, up 20% from the prior year and 66.8% from Q3, supported by strong delivery figures. Xpeng delivered 91,507 units in the quarter, exceeding its target and marking a 52.1% year-on-year and 96.7% quarterly…

ChargePoint is set to expand its electric vehicle (EV) charging infrastructure in upstate New York, with five new fast-charging stations supported by the New York State Energy Research and Development Authority (NYSERDA). The charging sites will be located in Cortland, Waterloo, Lake Placid, Niagara Falls, and Ripley, accessible via the ChargePoint mobile app. Expansion of Fast-Charging Network While specific details on power output and charging bay availability were not disclosed, the initiative aligns with ChargePoint’s broader effort to enhance fast-charging accessibility. The company, which operates the largest EV charging network in the U.S., currently has over 48,000 charging stations, including…