Monthly Archive: March 2023

Lordstown stalls on Endurance electric truck

2023 Lordstown EnduranceWith production of its Endurance electric pickup truck stalled by a recall, Lordstown Motors appears to be moving on to a next-generation vehicle platform developed in close collaboration with Foxconn. The next platform is "becoming a greater portion of our company's focus," Lordstown's fourth-quarter 2022 financial results presentation said...

Toyota Announces All-New Prius Z-Grade, To Be Available in Showrooms In Japan By March 15

Driving refinement, exhilarating performance, more environmental consciousness, and even cooler colors are promises of Toyota’s all-new Prius PHEV, the Z-Grade. The additional model adds to Toyota’s most successful hybrid will hit showrooms in Japan starting March 15 (JPN time). There is a differentiation between this new Z-grade and the Prius HEV launched earlier in the […]

Automakers in central China’s Hubei offer hefty subsidies as sales pressure mounts

Authorities in Hubei province have joined forces with local automakers this month to offer subsidies for car purchases of up to RMB 90,000 yuan ($13,000) for some models.

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China’s Feb retail sales of passenger NEVs up 32% from Jan to 438,000, preliminary CPCA data show

China's new energy passenger vehicle penetration at retail in February was 32.1 percent, up 6.4 percentage points from 25.7 percent in January.

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Overseas premiums likely to provide support for lithium prices in China, analysts say

Overseas lithium prices are already at a 20 percent premium to Chinese prices, which is expected to provide support for lithium prices as the export window opens, analysts said.

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