Chinese EV Maker Xpeng’s Operating Loss Widens on Production Ramp-up Costs
China’s Xpeng posted a wider-than-expected quarterly operating loss on Wednesday due to costs stemming from a production ramp-up, sending the U.S.-listed shares of the electric-vehicle maker down more than 3%. Smaller Chinese EV makers such as Xpeng and Nio are…
China’s BYD to sell Midsize Electric Bus in Japan
China’s leading electric vehicle (EV) manufacturer BYD will start to sell a new model of midsize electric bus in Japan to meet the growing demand for green public transportation. The J7 midsize electric bus tailored for the Japanese market has…
Volvo EM90 Unveiled as Electric Minivan for the Chinese Market
Volvo is bringing boxy back with the EM90, its first entry into the minivan segment. Described as a “living room on the move,” the people-hauler features an electric drivetrain and a spacious-looking cabin with three rows of seats as well…
SAIC-GM EVs Will Gain Access To Tesla Superchargers In China
The SAIC-GM joint venture between SAIC and General Motors has announced an agreement with Tesla to secure access to the Tesla Supercharging network in China. It’s a first-of-its-kind deal between an automaker and Tesla related to the opening of the…
Tesla China Opens Superchargers for SAIC General Motors
Tesla China is opening select Superchargers in the country for electric vehicles manufactured by SAIC General Motors. This was the company’s first such collaboration in China with the local manufacturer. SAIC General Motors announced Friday that it is entering into…
Startup Li Auto is beating Tesla China’s EV sales
Chinese startup Li Auto sold more cars than Tesla’s China business did in October, according to the China Passenger Car Association. The startup sold a record 40,422 cars in October, far more than Tesla did at 28,626, association data showed…
Chipmaker ADI to Boost NEV Growth in China
Analog Devices, Inc, a chipmaker based in the United States, is stepping up efforts to explore deeper into the Chinese vehicle market as the automotive industry is shifting fast towards electrification. Xu Zhibin, general manager for Automotive, Communications, and Consumer…
Hyundai to Develop Own Cheaper Batteries for EVs
Hyundai Motor Group is expected to develop its own price-competitive lithium iron phosphate, or LFP, batteries for electric vehicles late next year to reduce dependence on China-made batteries, industry sources said Monday. According to media reports, under the two-year joint…
Tesla (TSLA) to build $25k EV at Giga Berlin
Tesla (NASDAQ: TSLA) CEO, Elon Musk visited the company’s gigafactory in Berlin Friday where the multi-billionaire gave an update on the plant’s aesthetic design and outlined the manufacturing strategy for a forthcoming affordable $25,000 electric vehicle aimed at the mass…
KG Mobility Partners with China’s BYD to Manufacture Electric Vehicle Battery Packs in South Korea
KG Mobility is set to build a battery pack manufacturing plant in South Korea, leveraging the technology of BYD, China’s largest electric vehicle manufacturer. On Nov. 1, KG Mobility announced that it had signed a “Battery Pack Factory Construction and…
