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Report: Nio loses $35,000 per car, has lost $835 million in Q2

Report: Nio loses $35,000 per car, has lost $835 million in Q2

Nio has lost $835 million in Q2, a report by the New York Times estimates, which is around $35,000 per shipped car. Nio shipped around 8,000 EVs in that time. The report cites China's government's "formidable" financial backing of its car...

09 October 2023 2
Tesla Cybertruck sells at auction for $400,000

Tesla Cybertruck sells at auction for $400,000

Tesla's Cybertruck was announced years ago, and it's still not being delivered to customers, although a bunch have already been produced, so it's only a matter of time now. But what do you do if you desperately want one, and not just any...

09 October 2023 0
Xiaomi's upcoming EV will offer an EREV option

Xiaomi's upcoming EV will offer an EREV option

Xiaomi's upcoming EV is expected to debut really soon and understandably, leaks are becoming more detailed by the day. Last week, Xiaomi posted some job listings regarding EREV technologies suggesting some of its future cars will have an EREV...

09 October 2023 7
BMW iX2 to make world premiere at Japan Mobility Show 2023

BMW iX2 to make world premiere at Japan Mobility Show 2023

Amid the neon glow and bustling streets of Tokyo, BMW is ready to pull back the curtain at the 2023 Japan Mobility Show to reveal a trailblazing vision for the future. Touted as a frontrunner, the world debut of the BMW iX2 is bound to electrify...

09 October 2023 0
Li Auto ready with plant upgrade, expects major boost in deliveries

Li Auto ready with plant upgrade, expects major boost in deliveries

Li Auto, an emerging giant in the electric vehicle market, has just finished an extensive upgrade to its production facility, preparing the company for what seems to be a busy end to the year. With this capacity expansion, the automaker's CEO...

09 October 2023 0
Ferrari boss already tested the future electric supercar from Maranello

Ferrari boss already tested the future electric supercar from Maranello

When one thinks of Ferrari, one imagines the roar of a 12-cylinder engine, not the quiet hum of an electric motor. However, change is inevitable, and even this iconic supercar manufacturer isn't denying it. Benedetto Vigna, Ferrari NV's CEO,...

09 October 2023 2
Tesla enhances camera quality in HW3 vehicles through latest OTA update

Tesla enhances camera quality in HW3 vehicles through latest OTA update

Tesla's reputation for continuous improvements is well-founded, particularly when it comes to software. This time, the automaker from Austin has turned its attention to camera quality. Those driving Hardware 3 (HW3) Teslas are in for a treat with...

09 October 2023 0
DS Automobiles goes 100% electric from 2024

DS Automobiles goes 100% electric from 2024

Electric vehicles are more than just a modern-day whim - they're the future of the automotive industry, and DS Automobiles is not one to be left behind in the race. The French premium brand, operating under the Stellantis umbrella, recently dropped...

07 October 2023 2
Audi offers $20K off the e-tron GT - is it enough to outrun Tesla Model S Plaid?

Audi offers $20K off the e-tron GT - is it enough to outrun Tesla Model S Plaid?

There's a popular idiom that states, "If you can't beat 'em, join 'em." But in the case of the ever-competitive electric car market, Audi seems to be taking a slightly different approach: "If you can't beat 'em, undercut 'em." Or at least...

07 October 2023 5
Toyota and Suzuki join forces for the 2025 bZ electric baby SUV

Toyota and Suzuki join forces for the 2025 bZ electric baby SUV

The automotive world often throws us some unexpected collaborations. The latest scoop? The Japanese giants, Toyota and Suzuki, might be joining hands to create an electric 'baby' SUV for the 2025 market. This isn't a pair of dance partners making...

07 October 2023 0
Karma Automotive to unveil electric Super Coupe in hope to resurrect the brand

Karma Automotive to unveil electric Super Coupe in hope to resurrect the brand

California's own Karma Automotive is making waves once more. Not long ago, the brand faced challenges that meant it virtually left the electric vehicle arena. Yet, with a change in leadership and a renewed focus, the Chinese-owned automaker is ready...

06 October 2023 0
Cadillac Lyriq brings GM back to Europe

Cadillac Lyriq brings GM back to Europe

General Motors is stepping back onto European grounds, and it's doing it in style. It’s making an entrance with the Cadillac Lyriq, a premium electric SUV, confidently priced at CHF 82,000 (equivalent to about $89,700). GM is now taking orders...

06 October 2023 0
Volvo and Renault join forces on electric van development

Volvo and Renault join forces on electric van development

Today, Renault Group and Volvo Group announced plans for a new joint venture tasked to create next-generation of electric vans and address a growing demand for zero-emissions light commercial vehicles. Market analysts believe that the market for...

06 October 2023 0
After missing sales targets Tesla cuts price of Model 3 and Model Y in the US

After missing sales targets Tesla cuts price of Model 3 and Model Y in the US

As autumn leaves drop in the US, so do the prices of Tesla's Model 3 and Model Y. Tesla's response to missing its delivery target in Q3 it to discount its two most sought-after models in its home market. The Model 3 now flaunts a starting price...

06 October 2023 2
Polestar reports 13,900 EVs sold in the last quarter

Polestar reports 13,900 EVs sold in the last quarter

Former Swedish performance brand, now EV maker Polestar just unveiled its Q3 sales report and the numbers are looking good. The company moved a total of 13,900 vehicles in the past three months, which is a huge 50% growth compared to the same...

06 October 2023 0
Hyundai joins Tesla's NACS charging standard, new models will have it next year

Hyundai joins Tesla's NACS charging standard, new models will have it next year

Tesla's North American Charging Standard (NACS) is soon going to actually be the North American Charging Standard - see what we did there? More and more car brands have been announcing the adoption of NACS for future models over the past few months,...

05 October 2023 0
BMW teases the iX2 in Fortnite

BMW teases the iX2 in Fortnite

The BMW X2 series is about to debut next week and we've already seen a short teaser from the company's Instagram page. Today's teaser is a bit more extensive, though, and quite unorthodox too. BMW has built an entire island in Fortnite with...

05 October 2023 2
Toyota and LG Energy agree on a major battery supply deal in the US

Toyota and LG Energy agree on a major battery supply deal in the US

Toyota, still trailing in the electric vehicle race, announced a significant move forward. The automaker has inked a long-term battery supply agreement with LG Energy Solution, giving it the juice it needs to drive its electric dreams in the...

05 October 2023 0
Ford posts record-breaking EV sales in Q3

Ford posts record-breaking EV sales in Q3

Ford's Q3 numbers are out and they bring good news from the EV division. In the third quarter of 2023, Ford enjoyed a 14% spike in EV sales compared to the same period of 2022. In exact figures, Ford dispatched 20,962 electric vehicles in Q3,...

05 October 2023 2
EU formally launches anti-subsidy investigation into Chinese EVs

EU formally launches anti-subsidy investigation into Chinese EVs

The European Union has officially launched an anti-subsidy investigation into electric vehicles imported from China. The move has sparked a wave of opposition from the Chinese government and industry representatives, who view the probe as a...

05 October 2023 1
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