Author: Jackson Han

Xpeng has reported its business figures for 2023, showing significant growth in both deliveries and revenue. The company delivered a total of 141,601 electric cars in 2023, marking a 17.3% increase compared to the previous year. Total revenue for the year reached 30.68 billion yuan (3.98 billion euros), up 14.2% from 2022. However, Xpeng also reported increased losses, with losses rising to 10.38 billion yuan (1.35 billion euros) in 2023, a 13.5% increase from the previous year. Xpeng’s performance in the fourth quarter of 2023 was particularly strong, with 60,158 vehicles delivered, representing a 170.9% increase compared to the same…

Atlante, a player in the electric vehicle (EV) charging infrastructure market, has teamed up with Shift4, a global payment technology provider, to enhance the payment experience at Atlante’s charging stations across Southern Europe. The partnership aims to simplify the payment process, making clean mobility more accessible and consumer-friendly. “With approximately 7.8 million electric vehicles on European roads alone in 2022, EV infrastructure in Europe is lagging,” the partners stated. They highlighted the need to address not only the lack of infrastructure but also the complex and inconvenient payment experiences at public charging stations. While details about the charging infrastructure were…

Just a day after the MIIT information regarding the Zeekr MIX surfaced, more details are emerging about this highly anticipated electric SUV. While the pronunciation of its name remains a mystery, new insights into its design and features are shedding light on what to expect. Recent pictures of a camouflaged MIX prototype reveal a unique door configuration. The driver’s side features a conventional opening door, while the passenger side showcases a sliding door setup for both front and rear passengers. Additionally, a gold-colored Zeekr MIX was spotted testing in Heihe, providing a glimpse of its two-tone paintwork, featuring a mix…

Nio has signed a new cooperation agreement with its battery supplier CATL to develop longer-lasting electric car batteries, aiming for the battery to retain 85 per cent of its capacity after 15 years. This agreement is part of Nio’s efforts to reduce the overall costs of electric vehicles. CATL has developed technologies to extend the service life of vehicle batteries, such as a self-repairing SEI (Solid Electrolyte Interphase) film and special additives. Nio, on the other hand, has developed an intelligent battery cloud system to optimize battery management for a longer service life. Nio’s founder and CEO William Li emphasized…

China’s BYD is set to challenge established automakers in Europe with plans to triple its share in the electric vehicle (EV) market by 2025, following its success in dominating its home market. The company entered the European market in 2021, initially targeting Norway. Last year, BYD sold 15,644 electric cars in Europe, capturing a 1.1% share of the region’s EV market, according to global data collection firm DataForce. See also: BYD Introduces the SEAL U DM-i to European Markets at Geneva International Motor Show 2024 However, BYD views this as just the beginning of its European expansion. Europe CEO Michael Shu…

Li Auto announced plans to unveil new, more affordable variants of its L-series extended-range electric vehicle (EREV) models in May, alongside enhanced car-buying benefits for 2024 models starting this month. The company recently debuted the 2024 Li L7, Li L8, and Li L9 on March 1, each maintaining the same nomenclature as the 2023 models but now featuring air suspension as a standard feature. Notably, the 2023 Li L7 Air and Li L8 Air models did not include air suspensions but instead featured CDC suspensions. The Li L9 model does not offer an Air version, and the previous Pro and…

Just unveiled last week, Rivian’s latest offering, the R2, is set to bring a blend of funky styling, attractive pricing, and fun features to the electric vehicle market. One of its standout features is a movie projector housed in the optional rooftop tent, known as the ‘Treehouse.’ In an interview with TechCrunch, Brian Gase, Senior Director of special projects and prototypes at Rivian, confirmed that the R2’s rooftop tent will indeed include a movie projector, powered by one of the vehicle’s power sources. The tent, stored in a black ‘hardshell’ that opens upwards, transforms into a compact rooftop tent. A…

The number of battery-electric cars registered in Germany surged by 39.1 percent to reach 1.4 million in 2023, according to the latest data from the Federal Motor Transport Authority (KBA). In comparison, the number of hybrid cars now stands at 2.9 million. However, registrations for diesel and petrol cars experienced a slight decline, with diesel down 2 percent and petrol down 1.1 percent. Fossil fuels still power approximately 44.4 million passenger vehicles on German roads. See also: Tesla Leads Canadian Zero-Emission Vehicle Market in 2023, Despite Overall Drop in Share Germany has a total of 49.1 million registered passenger cars,…

Rivian surprised the automotive world by unveiling its highly anticipated R2 SUV with a starting price of just $45,000. In addition to the R2, the company also introduced another vehicle, the R3, and showcased a new battery cell, the 4695, which will power both cars. The 4695 cell gets its name from its diameter of 46 millimeters and height of 95 millimeters, making it considerably larger than Tesla’s 4680 cells. While Rivian has yet to release detailed specifications for the 4695 cell, its larger size suggests it will hold more energy than Tesla’s cells. Larger cells also typically allow for…

Neta Auto, a subsidiary of Chinese electric vehicle (EV) maker Hozon Auto, is set to commence deliveries of its new model, the Neta L, in April, according to CEO Zhang Yong’s announcement on Weibo today. The Neta L, yet to be officially launched, is still undergoing discussions regarding its configuration, as mentioned by Zhang. The model has been anticipated for months, with Neta indicating that it will be available in both extended-range electric vehicle (EREV) and battery electric vehicle (BEV) versions. See also: Neta Auto Initiates IPO Preparation in Q4 2023, Attracts Over $280 million in Cornerstone Investments In a response…

Nio, the Chinese electric vehicle (EV) manufacturer, has revealed that its highly anticipated 150-kWh semi-solid-state battery pack will finally be deployed in the second quarter of this year, marking a significant milestone after facing several setbacks. The announcement was made in the company’s fourth-quarter 2023 earnings highlights, shared on its social media platforms in China. This ultra-long-range battery pack is the largest-capacity unit to be mass-produced in the domestic passenger vehicle segment, enabling Nio models equipped with it to achieve an impressive range of up to 1,055 kilometers. See also: Nio Unveils Strategic Roadmap, Including Alps Brand Expansion and Lower-Tier City…

New spy shots have emerged, suspected to be the first model from Nio’s second brand, codenamed Alps, bringing the model closer to production status. He Lei, CEO of local automotive media outlet Xchuxing, shared two images on his site’s forum today, claiming that these images depict Alps’ inaugural model. Reportedly captured during testing in Heihe, Heilongjiang province in northern China, these images offer a clearer view of Alps’ first model compared to previous blurry spy shots, noted He. See also: Nio’s Sub-brand, Alps, Nears Trial Production Milestone with Launch Anticipated in Late 2024 The camouflaged car features a slogan on the…

Baidu has achieved a significant milestone in the field of autonomous driving, with its autonomous ride-hailing service, Apollo Go, becoming the first in China to offer fully driverless rides across the Yangtze River. This groundbreaking achievement showcases Baidu’s prowess in autonomous technology and marks a substantial expansion of its operational capabilities. Operating in Wuhan, Apollo Go’s service includes an impressive fleet that navigates the complex terrain of the Yangtze River, crossing 11 bridges that connect the city’s north and south banks. Notably, the Yangsigang Yangtze River Bridge and Wuhan Baishazhou Bridge serve as demonstrations of Apollo Go’s technological excellence, enhancing…

US-based electric vehicle manufacturer Rivian is set to introduce its R2 electric SUV, marking its first next-generation model following the R1S and R1T. However, several details about the vehicle were inadvertently revealed through the website’s code before the official premiere. The R2 is expected to have a starting price of $47,000 and offer a range of up to 330 miles (531 kilometers), with a planned market launch in 2026. The electric SUV boasts impressive acceleration, capable of going from zero to 60 mph in three seconds, and features seating for five passengers. See also: RJ Scaringe Unveils Fresh Insight of Rivian…

BYD, a leading Chinese electric vehicle (EV) manufacturer, has introduced the Seagull, a compact electric vehicle, to the markets of Brazil and Mexico. This marks the arrival of BYD’s most affordable model in South America. The Seagull, part of BYD’s Ocean series, joins the Seal and Dolphin models in the Brazilian and Mexican markets, expanding the company’s footprint in Latin America. BYD plans to introduce the Seagull in additional Latin American markets in the future. See also: BYD Explores Mexican Plant to Boost Local Market Share In Brazil and Mexico, the Seagull is known as the Dolphin Mini, positioned as a…

Tesla witnessed a further decline in sales of China-made vehicles last month, possibly due to the impact of the Chinese New Year holiday on output at its Shanghai plant. According to data released by the China Passenger Car Association (CPCA), the US electric vehicle (EV) maker sold 60,365 China-made vehicles in February. This figure represents a decrease of 18.87 percent from the 74,402 units sold a year ago and a 15.51 percent drop from the 71,447 vehicles sold in January. See also: 2024 Tesla Model 3 Highland: Is It Worth the Upgrade? Tesla’s Shanghai factory, its largest globally with an annual…

New details about the upcoming SU7 model have emerged. Recently leaked photos from the Xiaomi Car Beijing Factory have unveiled three new color options for the SU7, complementing the previously announced palette. The new color options include a sophisticated blue-grey, a vibrant orange, and a sleek dark purple. These additions offer a wider range of styles compared to the previously showcased “Gulf Blue,” catering to different preferences, from classic to sporty looks. See also: Xiaomi Set to Begin Deliveries of First Electric Vehicle, the SU7, Within Months Adding to the speculation, a leaked research document circulated online, suggesting a potential March…

Nio, a leading electric vehicle (EV) manufacturer, has announced the nationwide availability of its NOP+ (Navigate on Pilot Plus) feature, allowing users to utilize the advanced driving assistance system (ADAS) on virtually all roads in China. This development comes shortly after a similar announcement from local competitor Xpeng. Harry Wong, Nio’s head of smart driving products and experiences, revealed the expansion in a post on the Nio App on March 1. He referred to this new mode as Unlimited Mode, which enables NOP+ to function on almost any road in China, except for those with specific control measures. See also: Xpeng…

Chinese electric vehicle manufacturer Leapmotor has unveiled a series of updates to its existing models, including the T03, C01, and C11, alongside the launch of the new C10, all aimed at offering more competitive pricing in a crowded market. The T03, a compact battery electric vehicle (BEV) without an extended range electric vehicle (EREV) variant, now comes in three variants with starting prices of RMB 49,900, RMB 59,900, and RMB 69,900, offering city travel ranges of 200 km, 310 km, and 403 km, respectively. See also: Stellantis Considers Producing Leapmotor EVs at Fiat’s Historic Mirafiori Plant in Turin Leapmotor has also…

BYD experienced a significant drop in sales in February 2024, primarily attributed to disruptions caused by the New Year holiday. According to an announcement made on the Hong Kong Stock Exchange today, BYD sold 122,311 new energy vehicles (NEVs) in February, marking a 36.84 percent decrease year-on-year and a 39.30 percent decline from January. The company ceased the production and sale of vehicles powered solely by internal combustion engines in March 2022, shifting its focus to the manufacturing of plug-in hybrids (PHEVs) and battery electric vehicles (BEVs). See also: BYD Explores Mexican Plant to Boost Local Market Share BYD’s NEV sales…