Author: Jackson Han

VinFast, the Vietnamese automaker, has commenced construction of a new electric vehicle (EV) factory in Indonesia, marking a significant step in its international growth strategy. “The construction of our new EV factory in Indonesia represents a strategic investment for VinFast in expanding our production capabilities,” stated a spokesperson for VinFast. Located in Subang, West Java, approximately 125 km southeast of Jakarta, the $200 million facility will boast an annual production capacity of 50,000 vehicles. Unlike simple assembly plants, VinFast plans to establish a comprehensive manufacturing hub with essential facilities including a body shop, paint shop, general assembly shop, and vehicle…

Tesla has announced that its popular Quicksilver paint option is now available for all Model Y trims in the United States and Canada. Previously exclusive to the Long Range All Wheel Drive (AWD) and Performance variants, Quicksilver is now also offered for the Rear Wheel Drive (RWD) model. This move is expected to be well-received by consumers, given the paint’s popularity among Model Y enthusiasts. https://twitter.com/tesla_na/status/1811576413730078921 A review of the Tesla Model Y’s order page for the United States and Canada confirms that Quicksilver can now be selected for the RWD, Long Range AWD, and Performance variants of the all-electric…

Xiaomi EV, the car-making arm of tech giant Xiaomi Corp, is set to introduce its third model, an extended-range electric vehicle (EREV) in the form of an SUV, local media outlet 21jingji reported yesterday, citing sources familiar with the matter. Scheduled for a 2026 launch, the new EREV model aims to cater to family users, emphasizing a blend of electric mobility and extended range capabilities. Xiaomi has expressed optimism about the EREV’s potential, having explored multiple iterations during the pre-research phase, as disclosed by insiders. Innovatively, Xiaomi plans to adopt a unique business model for its third vehicle, substituting automotive-grade…

Tesla reported a sequential uptick in electric vehicle (EV) sales in China for June, with the company’s local deliveries showing a recovery pattern despite a decline in exports, data from the China Passenger Car Association (CPCA) revealed on Thursday. The U.S. electric carmaker sold a total of 71,007 vehicles in China last month, including 11,746 units earmarked for international markets. This reflects a 7.33% increase from May, although it marks a 20.15% decrease compared to the same period last year when the company sold 74,212 vehicles. Tesla’s manufacturing facility in Shanghai, which produces both the Model 3 sedan and Model…

Shandong province in China’s eastern region announced on Monday its ambitious initiative to inject 100 billion yuan ($13.8 billion) into expanding its lithium battery industry by next year, according to a government notice. The development strategy aims to build a robust industrial chain encompassing electrode materials, electrolytes, battery cells, and assembly facilities. Focus areas include enhancing the quality and performance of consumer batteries while intensifying efforts in research and development. To support this endeavor, the provincial government plans to nurture companies in Jinan and Qingdao involved in raw material production and battery assembly, tailored to meet the demands of local…

Zeekr has unveiled a sneak peek of its upcoming mid-to-large-size SUV, codenamed CX1e, slated for release in the latter half of the year, marking a significant move by the electric vehicle (EV) maker into the family SUV segment. Vice President Lin Jinwen shared five camouflaged images of the CX1e on Weibo today, the first public preview of Zeekr’s latest addition to its expanding lineup. “The CX1e will be Zeekr’s inaugural family SUV,” Lin announced on Weibo, hinting at the forthcoming official name concealed within the vehicle’s camouflage liveries. Zeekr’s current lineup includes models like the Zeekr 001, 007, 009, and…

Denza, the premium brand under BYD, has revealed the interior features of its upcoming model, the Z9GT, slated for release later this year. According to a video released by Denza today, the Z9GT boasts a sophisticated interior equipped with three screens at the front: a central horizontal display, an instrument panel screen, and a dedicated screen for the front passenger. The vehicle also showcases on-board refrigerators in both the front and rear, catering to the growing demand for luxury amenities in the competitive Chinese electric vehicle (EV) market. “D-class smart luxury flagship GT, redefining the standard of luxury,” remarked Zhao…

BYD, the Chinese electric vehicle manufacturer, marked a significant milestone on July 1 by delivering its first batch of 1000 vehicles to Indonesian customers during a ceremony attended by BYD Founder and CEO Wang Chuanfu. The event showcased models including the Dolphin, Seal, and Atto 3, which were introduced to the Indonesian market earlier this year. Indonesia’s Coordinating Minister for Economic Affairs, Airlangga Hartarto, announced at the launch that BYD plans to invest 1.3 billion USD in establishing a car factory in the country. This facility is expected to have a production capacity of 150,000 vehicles and will commence construction…

Tesla’s Model Y has been included in a list of electric and plug-in hybrid models eligible for purchase by a local government in China, as reported by the official Chinese media outlet, The Paper, on Thursday. This marks the first time Tesla’s vehicles have been made eligible for government procurement in China, according to The Paper. On June 6, China’s eastern Jiangsu provincial government published 56 batches of new energy vehicle procurements intended for use as service cars by party, government, and public organizations. Among these, Tesla’s Model Y, produced at the company’s Shanghai factory, and Volvo Cars’ XC40 were…

Candela has announced the delivery of the first Candela C-8 Polestar Edition electric hydrofoil boat, marking a significant milestone in sustainable marine transportation. This unique vessel combines Candela’s renowned hydrofoil technology with Polestar’s advanced electric vehicle batteries, showcasing a partnership aimed at pushing the boundaries of electric boating. The Candela C-8 Polestar Edition utilizes Polestar’s high-performance batteries to power its hydrofoils, which elevate the boat above water for a smoother and more energy-efficient ride. This collaboration underscores both companies’ commitment to innovation in sustainable transportation solutions. Last year, Candela and Polestar announced their collaboration, enabling Candela to integrate Polestar’s industry-leading…

BYD is anticipated to surpass Tesla in battery electric vehicle (BEV) sales this year, reflecting the evolving landscape of the global electric vehicle (EV) market, according to a report by market researcher Counterpoint Research released on July 2. “BYD’s BEV market share is set to surge in 2024, the year it is expected to overtake Tesla in BEV sales,” Counterpoint stated in its report, highlighting the competitive trajectory in the EV sector. BYD, renowned for its rapid expansion in new energy vehicles (NEVs), including BEVs and plug-in hybrid electric vehicles (PHEVs), has emerged as the world’s largest NEV manufacturer. The…

Xpeng Motors (NYSE: XPEV) introduced its latest electric sedan, the Mona M03, marking the debut of its new Mona lineup designed to bolster sales in the latter part of the year. “The Xpeng Mona M03 will be priced under RMB 200,000 yuan ($27,500), with an official launch set for August,” the Chinese electric vehicle manufacturer announced, detailing the pricing and release timeline for its new model. Derived from its acquisition of Didi Global’s EV business, Xpeng’s Mona brand aims to leverage Didi’s mobility ecosystem support and target the national shared mobility market. “We are excited to launch the Mona M03,…