Author: Ivan Popov

Swedish battery manufacturer Northvolt announced that its subsidiary, Northvolt Ett Expansion AB, has filed for bankruptcy. The filing comes after the company’s decision to suspend the Northvolt Ett Expansion project, which was intended to increase production capacity at its main plant in Skellefteå, Sweden. Northvolt Ett Expansion AB submitted the bankruptcy filing to the District Court of Stockholm on October 8, 2024. According to a press release, the subsidiary has “no direct employees” and was responsible for managing construction efforts at the Skellefteå plant. The decision was attributed to the financial situation of Ett Expansion AB. The suspension of the…

Mercedes-Benz is preparing to develop a new electric supercar, inspired by last year’s Vision One-Eleven concept, which is expected to launch before the end of the decade. This upcoming model will mark the brand’s first battery-electric supercar since the Mercedes-Benz SLS Electric Drive and is anticipated to surpass the performance of the F1-powered AMG One. The new supercar will likely be built on the AMG.EA architecture, designed to support vehicles with various lengths and wheelbases. This platform is set to debut with an electric replacement for the current AMG GT 4-Door and will feature an advanced 800-volt architecture. Key technologies…

The Lucid Air Grand Touring has officially become the latest member of the Dubai Police General Command, further expanding the department’s impressive lineup of electric vehicles. The luxury EV was welcomed into the fleet today by His Excellency Lieutenant General Abdullah Khalifa Al Marri, Commander-in-Chief of Dubai Police, and Faisal Sultan, Vice President and Managing Director of Lucid Middle East. https://twitter.com/DubaiPoliceHQ/status/1842148842277376395 Al Marri emphasized that this new addition supports “the United Arab Emirates’ ongoing efforts to transition towards a green economy,” in line with the Dubai Quality of Life Strategy 2033. Sultan echoed this sentiment, saying, “We are proud to…

Xpeng has reported a record delivery of electric vehicles (EVs) in September, attributed largely to the success of the Mona M03, the first model in its new lineup. The company delivered 21,352 vehicles during the month, marking a year-on-year increase of 39.46% and a month-over-month rise of 52.12%, according to data released today. In its first full month of deliveries, the Mona M03 surpassed 10,000 units, although the company did not disclose an exact figure. For the third quarter, Xpeng delivered a total of 46,533 vehicles, exceeding its guidance range of 41,000 to 45,000 units. This represents a year-on-year increase…

British car production fell for the sixth consecutive month in August, a period typically marked by reduced output due to summer shutdowns and factory preparations for new model launches, according to data released by the Society of Motor Manufacturers and Traders (SMMT) on Thursday. In total, 41,271 new cars were produced in August, representing an 8.4% decrease compared to the same month last year. Electric vehicle (EV) production, which encompasses battery electric, plug-in hybrid, and hybrid models, also experienced a decline, with its share of total output dropping to 29.6% from 37.5% in July. Despite the recent downturn, the SMMT…

Tesla has officially launched deliveries of its highly anticipated Cybertruck in Mexico, marking the first time the all-electric pickup has been handed over to customers outside the United States. The company celebrated the milestone with a special event late Monday night, where the first ten Cybertrucks were delivered to a select group of buyers, reportedly early investors and close associates of the company. https://twitter.com/tesla_na/status/1838960836552892450 The event in Mexico follows Tesla’s initial rollout of the Cybertruck in the U.S. earlier this year and comes as the automaker prepares to expand deliveries to Canada in the coming weeks. A Tesla employee confirmed…

Volvo has no intention of competing with low-cost electric vehicles (EVs) in China as the market faces an escalating price war. The EX30, Volvo’s most affordable EV, is priced at around $28,000 (200,800 yuan), but according to the company, this is the lowest price point it will offer. Despite being an early advocate for an all-electric future, Volvo has recently adjusted its sales strategy. The automaker now aims for 90% to 100% of its global sales to be electrified by 2030, encompassing both all-electric vehicles and plug-in hybrids (PHEVs). CEO Jim Rowan noted that this shift allows for a limited…

Faraday Future has established a new brand, Faraday X (FX), dedicated to developing Artificial Intelligence Electric Vehicle (AIEV) products. The company has announced its first two models, the FX 5 and FX 6, which will be offered as both range-extended and battery-electric AIEVs. Production is expected to begin by the end of next year, with prices ranging from $20,000 to $30,000 for the FX 5 and $30,000 to $50,000 for the FX 6. The company aims to market these models and other AIEVs in the United States, having signed agreements with four Chinese firms to facilitate the vehicles’ entry into…

Stellantis announced on Monday that it has initiated the search for a successor to CEO Carlos Tavares, whose contract is set to expire in 2026. The automaker noted that there remains a possibility of Tavares continuing in his role beyond the contract’s expiration. Tavares has been tasked with addressing challenges in Stellantis’ North American operations, which have encountered significant declines in sales and profitability, impacting the company’s share price. Since taking the position in 2021, Tavares has brought extensive experience from previous roles at major automotive manufacturers, including Renault, PSA, and Nissan. Concerns about Stellantis’ performance in North America have…

Recent spy shots have surfaced, offering the first glimpse into the interior of the inaugural model from Nio’s third brand, internally referred to as “Firefly.” The images were shared by the local automotive outlet Auto Home and mark a significant development in Nio’s expansion into smaller, more affordable electric vehicles (EVs). According to the report, Firefly’s interior features a dual-screen setup, consisting of an LCD dashboard and a floating center screen, providing one additional screen compared to Nio’s second sub-brand Onvo’s first model, the L60. The steering wheel also reflects Nio’s signature two-tone design. The report further noted that Firefly’s…

MAN Truck & Bus and E.ON have announced plans to establish approximately 170 truck charging parks throughout Europe, with the first charging site now operational near Berlin. This initiative aims to enhance the infrastructure for electric commercial vehicles, catering not only to MAN’s fleet but also to trucks from other manufacturers. The collaboration, revealed in mid-July, targets the development of 170 locations equipped with around 400 charging points, predominantly located in Germany. By the end of 2025, the partners aim to realize 80 charging sites across Europe. Existing MAN service branches will serve as hubs for public charging access. The…

Chinese carmaker Geely is considering establishing a manufacturing plant in Europe, though the decision is not yet final, according to Li Chuanhai, vice president of Geely Auto Group. In an interview with Reuters during the Frankfurt Motor Show, Chuanhai revealed that talks with European countries, including Poland, are ongoing but no commitments have been made. “There are many possibilities,” Chuanhai stated, referring to discussions about a potential joint electric vehicle (EV) plant in Poland. However, officials in the Polish government have expressed reservations, noting that Geely may not be their ideal partner for such a project. Geely, China’s second-largest automaker,…