Toyota Plans Electric Vehicle With Solid-State Battery In ’27-28
Toyota Motor Corp., playing catch-up in the fast-expanding market of electric vehicles, said it plans to roll out a next-generation car fueled by a solid-state battery as early as 2027 that has double the range of conventional models. Its new EV is expected…
New Buick Electra E4 Unveiled As The Second Ultium EV For China
It has been well documented that China is a major market for EVs and Buicks, so it should not come as a surprise that the GM brand has already unveiled two brand-new all-electric crossovers in the market. The second, the…
Saudi Arabia signs $5.6bln deal with Chinese EV company
Saudi Arabia’s Ministry of Investment has signed a $5.6 billion deal with Chinese electric car maker Human Horizons to collaborate on the development, manufacture and sale of vehicles, the Saudi state news agency said in a statement. The agreement accounts…
Nio Said Not To Join China’s EV Price War. Now It’s Cutting $4K Across All Models
Nio, one of China’s homegrown Tesla challengers, has slashed the prices of all its models by 30,000 yuan ($4,200), the NYSE-listed premium electric vehicle upstart announced on Monday. The news came as EV makers enter a price war in the world’s largest…
Fisker (FSR) Stock Pops on China Delivery Center News
Shares of Fisker (NYSE:FSR) stock are in the green after the electric vehicle (EV) company announced its plans to open a delivery center in China this year. Furthermore, deliveries of the Ocean SUV will begin in China in the first quarter of 2024. Fisker’s…
Lucid Stock Rises On Plans To Join China’s EV Market
Reuters is reporting that luxury electric-vehicle maker Lucid is planning to sell imported cars in China, the world’s largest automobile market. The move would create further competition with Tesla, one of the largest EV sellers in the nation. All right….
China’s EV Battery Sector Is Preparing A New Breakthrough
One of China’s top battery-makers believes it has cracked a technology to provide even cheaper and more powerful packs for electric vehicles. Gotion High-Tech recently unveiled a lithium-manganese-iron-phosphate battery – LMFP for short – which it says will power an…
Tesla China sells 77,695 Vehicles in May, a 2.44% month-Over-Month Increase
Recent figures released by the China Passenger Car Association (CPCA) have revealed that Tesla China was able to sell a total of 77,695 domestically-produced vehicles in May. The number includes electric cars that were exported to foreign territories. Tesla’s May 2023…
China’s EV Market Recovers, KARS A Fund To Watch
EV manufacturers in China almost all reported rising sales in May as consumer and EV market recovery continues. As demand continues to grow, the KraneShares Electric Vehicles and Future Mobility ETF (KARS) remains well positioned to capture gains. China is home to…
BYD, China’s Largest EV Manufacturer, Takes Aim At Southeast Asia Market
China’s largest electric vehicle manufacturer, has begun to penetrate the Southeast Asian market to challenge the stronghold held by Japanese automakers in the region. BYD has launched an offensive on Japanese EVs, which hold more than 80% of market share…
