Author: Jackson Han

New Jersey residents looking to purchase a new or used battery-electric vehicle (BEV) will soon face higher costs as the state plans to phase out a 6.625% sales tax waiver that has been in place for the past 20 years. The move is part of a broader effort to prioritize electric vehicle incentives and combat climate change, with the state already announcing a ban on the sale of new combustion-powered vehicles by 2035. The state’s ChargeUp incentive program, which provides residents with up to $4,000 in rebates for buying an EV, will remain in effect. However, the program faced challenges…

Li Auto faced a challenging month in February, with deliveries dropping to 20,251 vehicles, down 35 percent from January. This marks a 21.85 percent increase from the previous year but reflects the impact of the Chinese New Year holiday, according to data released by the company today. Despite these challenges, Li Auto remains optimistic. “Even with the impact of Chinese New Year and some trims of Li L series models sold out as we prepare for switching to new models, our average daily delivery in February (excluding the eight-day Chinese New Year holiday period) still increased significantly compared with that…

China’s Ministry of Transport has announced plans to install 3,000 new charging piles at freeway service areas this year, in response to the growing popularity of new energy vehicles (NEVs) in the country. Vice-Minister Wang Gang stated that the ministry is also encouraging the construction of ultra-fast, high-powered charging facilities at these service areas. See also: Huawei to Roll Out 100,000 Fast Charging Stations in China As of the end of last year, China had a total of 21,000 charging piles, with significant improvements made to the charging infrastructure network along the freeway system, Wang noted. He highlighted the increasing popularity…

BYD is actively seeking a site in Mexico to establish a plant aimed at expanding its presence in the local market, BYD Americas CEO Stella Li revealed to Reuters on February 28. The planned plant, with an annual capacity of 150,000 vehicles, is expected to be operational by the end of the year, according to Li. The company is currently evaluating locations in central and southern Mexico, opting against northern regions near the United States to avoid higher transportation costs. See also: BYD Rules Out Launching Passenger EVs in the US, Citing Market Complexity and Political Factors “Our plan is to…

Chinese electric vehicle (EV) maker XPeng and the Volkswagen Group announced on Thursday a significant development in their partnership. Following XPENG’s previous announcements regarding Volkswagen’s purchase of a 4.99% stake in XPENG and a framework agreement on strategic technical collaboration, the two companies have now entered into a Master Agreement on Platform and Software strategic technical collaboration. This Master Agreement marks a key milestone in the strategic partnership between XPeng and Volkswagen. The agreement is expected to accelerate the joint development of B-class battery electric vehicles (BEVs) and lay the foundation for deeper collaboration in the future. See also: Volkswagen’s Strategic…

Tank, the brand under the umbrella of Great Wall Motor, has unveiled its latest offering, the Tank 700 Hi4-T hybrid model, marking a significant milestone as the brand’s most luxurious vehicle to date featuring the innovative Hi4-T powertrain. Officially introduced on February 26, the off-road SUV boasts two standard variants priced at RMB 428,000 ($59,460) and RMB 468,000 respectively, alongside a limited edition variant starting at RMB 700,000. Noteworthy is the RMB 40,000 reduction from the initial pre-sale price of RMB 468,000, set in late January. See also: Great Wall Motors Teases Upcoming EV Brand ‘ZX’ with Luxurious Long Sedan Measuring…