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BAK Battery Unveils Revolutionary Big Cylindrical Power Batteries at China EV100 Forum 2024

At the China EV100 Forum 2024, Dr. Lin from BAK Battery highlighted the potential of big cylindrical power batteries as the future of EVs, suggesting ultra-fast charging and enhanced safety features. Shenzhen, China–(Newsfile Corp. – March 21, 2024) – From…

Nissan And Honda To Explore Joining Forces for EVs

Today, Nissan and Honda announced that they signed an agreement to start a study into the feasibility of a strategic partnership for electric vehicles, according to The Wall Street Journal. The two Japanese motor companies will look into an EV…

TurnOnGreen and Endliss Power Team up to Expand EV Charging Infrastructure Across North America

TurnOnGreen, Inc. (“TurnOnGreen” or the “Company”), announced today a strategic partnership with Endliss Power Inc (“EPI”), a cutting-edge e-commerce and renewable energy company based in San Francisco, California. The collaboration marks a milestone for the Company as it seeks to…

Shares of China’s Xiaomi Jump on News of its First EV Launch

Shares of Xiaomi jumped 12% on Tuesday after the company said it would start deliveries of its first electric vehicle (EV) this month. The tech giant, which is China’s fifth largest maker of smartphones, is venturing into the world’s top…

Li Auto Mega EV Is A 5.5 Second Sleeper That Recoups 311 Miles In 12 Minutes

Almost a decade since its debut in the Chinese market in 2015, and after exclusively peddling ‘extended range’ electric vehicles driven by a gasoline engine, Li Auto has finally rolled out its very first fully electric car. Dubbed the Mega…

IM Motors Raises US$1.1 Billion in One of China EV Brands’ Biggest Recent Deals

IM MOTORS, a premium electric vehicle brand of state-owned Chinese automaker SAIC, said on Friday (Mar 1) it has raised more than US$1.1 billion to work on new smart car models and technologies. IM Motors’ Series B round of equity…

BYD Unveils $233,450 EV to rival Ferrari, Lamborghini

BYD Co debuted its most expensive car on Sunday, a 1.68 million yuan ($233,450) high-performance fully-electric supercar pitted against gas-guzzling options offered by rivals such as Ferrari NV and Lamborghini. The Yangwang U9 will initially be for the China market,…

Ford CEO Open to Working With Rivals to Compete With China

Ford Chief Executive Jim Farley said on Thursday the automaker is reworking its electric vehicle strategy to compete with Chinese rivals, and opened the door to collaboration with other automakers to cut EV battery costs. BYD and other low-cost Chinese…

Europe Moves to End Reliance on China EVs With €4.4bn Factory Plans

Two of Europe’s largest car makers Stellantis and Mercedes-Benz have raised about €4.4 billion to set up three new electric vehicle (EV) gigafactories across the European Union (EU) in the coming years. The companies said in a press release on…

Global EV Sales Up 69% y/y in Jan

Global electric vehicle sales jumped 69% in January from a year earlier but were down 26% from December, reflecting subsidy cuts or tighter rules in Germany and France and seasonally weaker sales in China. Sales of fully-electric cars, or battery…