Author: Sibley Presley

In a bid to enhance their appeal, NIO, the renowned electric vehicle manufacturer, has expanded the customization options for three of its models. Effective immediately, both the ET5 sedan and ES7 SUV now offer a gold exterior option, priced at RMB 10,000 ($1,400), according to an article released on the NIO App. Furthermore, all three models, namely the ET5, ES7, and the recently launched ES8, now come equipped with a new front wiper defrost function. This feature, priced at RMB 1,000, helps the wipers quickly return to normal operation during cold weather, ensuring effective snow clearance and maintaining clear visibility.…

Seoul Plans to Replace 1,300 Buses with Hyundai Fuel-Cell Buses by 2026 In a collaborative effort between Hyundai Motor, the Seoul city government, the South Korean Ministry of the Environment, SK E&S, and Tmap Mobility, the capital city of South Korea, Seoul, has announced its ambitious plan to replace 1,300 existing buses with new fuel-cell buses from Hyundai by 2026. This groundbreaking agreement aims to promote sustainable transportation and reduce carbon emissions in the city. The comprehensive plan entails replacing 1,000 city and commuter buses, as well as 300 airport buses, with environmentally-friendly fuel-cell alternatives. By 2030, Seoul plans to…

Great Wall Motor (GWM), the Chinese carmaker, has appointed Steffen Cost, a seasoned automotive executive, to its European management team. Cost, 56 years old, has taken on the role of Chief Commercial Officer (CCO) at GWM’s European headquarters since June 1st. Having previously held high-ranking positions at Renault, Nissan, and Kia, Cost most recently served as Vice President of Operations at Kia Europe. In his new position as COO at Great Wall Motor, Cost will report directly to Henry Meng, the President of GWM Europe. Great Wall Motor currently offers the BEV compact model Ora Funky Cat and the PHEV…

Nikola Corp, the electric truck manufacturer, may resort to a reverse stock split if its stock fails to meet Nasdaq’s minimum bid price requirements within a specific timeframe, according to the company’s CEO, Michael Lohscheller. The announcement came on Thursday as Nikola’s stock closed at approximately 57 cents, revealing ongoing struggles with significant losses, high cash burn, and sluggish demand for its battery-powered trucks. Last week, the company received a delisting notice from the stock exchange. To comply with Nasdaq regulations, shares must trade above $1, and a notice is issued if they remain below this threshold for 30 consecutive…

Revel, the Brooklyn-based electric rideshare company, is expanding its fleet by introducing the Kia Niro EVs alongside its existing lineup of Tesla Model Ys and Model 3s. This addition brings more diversity to Revel’s fleet, which is rapidly approaching 300 electric vehicles (EVs) in operation throughout New York City. Revel’s primary goal is to promote electric mobility in the public sector by establishing the necessary infrastructure and accompanying services to facilitate a smoother transition. Since 2021, the company has operated a fleet of over 230 EVs, predominantly comprised of sky blue Tesla Model Y and Model 3 vehicles, which have…

BYD, in partnership with Spanish chassis builder Castrosua, has unveiled its latest electric bus, marking an important milestone in their joint manufacturing venture. The electric bus, which will soon be operational in Spain, showcases the combined expertise of both companies. The BYD-Castrosua electric city bus measures twelve meters in length and provides ample space for up to 92 passengers. Equipped with a 422 kWh battery, it boasts an impressive range of over 450 kilometers, making it an efficient option for transportation. However, it is worth noting that energy consumption may vary depending on seasonal and geographical factors, with the average…

In order to meet its ambitious output goals, Stellantis (STLAM.MI) CEO Carlos Tavares has revealed that the automotive giant will require not just one, but potentially two large-scale electric vehicle (EV) battery factories in the United States. Tavares made this announcement during the inauguration of a gigafactory in northern France, emphasizing the need for further facilities akin to those already planned for North America. The decision to pursue additional factories in the United States stems from the favorable investment conditions created by the U.S. Inflation Reduction Act. Tavares expressed his appreciation for the conducive environment that has been established, highlighting…

Michigan-based manufacturer, Shyft Group, is gearing up to introduce a new line of electric trucks and vans under the Blue Arc brand. With expertise in producing medium-duty specialty vehicles, the company aims to tap into the growing demand for medium-duty electric vehicles in the commercial trucking sector. Shyft Group plans to compete with both startups like Arrival SA and established manufacturers such as Daimler Trucks, who are also venturing into this space. To kickstart production, Shyft Group intends to initiate pilot production of its first Blue Arc vehicle, a step-in van, in Charlotte, Michigan, located near its Novi headquarters. The…

Arcimoto, the renowned manufacturer of three-wheeled vehicles known as Fun Utility Vehicles (FUV), has expanded its product lineup with the introduction of the Arcimoto MUV (Modular Utility Vehicle). The MUV, built on a similar platform as the FUV, offers a modular design that allows for customizable bed configurations catering to various industries and applications. Positioned as a work-oriented vehicle, the Arcimoto MUV has been specifically designed to meet the needs of industrial mobility customers who require reliable, sustainable, and versatile electric vehicles for moving goods, materials, supplies, and equipment. The CEO of Arcimoto, Chris Dawson, expressed the company’s commitment to…

Great Wall Motor, a Chinese automaker, is in the final stages of planning a substantial investment of up to $30 million to establish a battery pack assembly plant in Thailand. This move comes as the company aims to start production of a compact electric car in the country next year. In addition, Great Wall Motor is considering the establishment of a research and development center in Thailand, with a focus on battery-powered pickup trucks. Narong Sritalayon, the managing director of Great Wall Motor Thailand, shared these details in an interview. The company already operates 10 similar development hubs globally, dedicated…

Tesla has stirred controversy with its unconventional steering wheel designs, most notably the yoke steering wheel introduced with the Model S and Model X refresh in 2021. While the yoke steering wheel remains a paid option for these flagship vehicles, it seems that the upcoming Cybertruck may offer customers a choice between two steering wheel options. During Tesla’s Investor Day, the Cybertruck showcased its own version of the yoke steering wheel. Unlike the traditional yoke design seen in the Model S and Model X, the Cybertruck’s steering wheel includes an upper piece, making it more of a hybrid between a…

Neta Auto, the electric vehicle (EV) brand under Hozon Auto, has inaugurated its global headquarters in Shanghai with the aim of cultivating a more prestigious brand image. The newly opened headquarters in Shanghai’s Putuo district serves as a hub for various key functions, including strategy planning, resource allocation, decision-making, and coordination of Neta’s global operations, as stated in a press release issued today. Additionally, the facility serves as Neta’s flagship experience center, research and development center, data center, and service center. It also features a display of Neta vehicle models, including the Neta S, Neta GT, Neta U-II, and Neta…