Monthly Archive: June 2024

CATL starts construction of production base in Beijing to supply Xiaomi, BAIC, Li Auto

The production base, when completed, will supply battery products to carmaker customers in Beijing, Tianjin and Hebei, including BAIC, Xiaomi and Li Auto, CATL said.

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Out of charge: Fisker files for bankruptcy, again

2023 Fisker OceanFisker filed for bankruptcy protection in Delaware The startup automaker estimates liabilities between $100 million and $500 million Fisker halted production with contract Magna Steyr in March Electric vehicle manufacturer Fisker on Monday filed for bankruptcy after the company failed to secure new investment to help get production of its Ocean...

Report: Kia EV3 may be made in Mexico to hit $30,000 price

Kia EV3The Kia EV3 electric SUV could be assembled in Mexico for the U.S. market, a move that could allow it to be eligible for a federal tax credit and hit a $30,000 price point, reports Korean Car Blog (via Electrek). "Kia is developing a distinct North American model" of the EV3, to be built at the automaker's factory in Monterey, Mexico, starting...