BYD expects to produce around 200 electric buses per year in Azerbaijan between 2025 and 2028.
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Monthly Archive: November 2024
Xpeng targets 20,000 monthly production capacity for Mona M03 by Chinese New Year
Xpeng has delivered more than 10,000 units of the Mona M03 for the second consecutive month since its launch, and the model's production capacity was increased by 40 percent in November.
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BYD Yangwang starts pre-sales of U7 luxury sedan
Yangwang has begun pre-sales of the U7 without releasing pricing information. The BYD sub-brand previously said the U7 would be priced in the 1-million-yuan level.
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Nio Onvo says deliveries have exceeded 7,000, reiterates monthly volume to exceed 20,000 in Mar 2025
Orders for the Onvo L60 far outperformed those for other models launched at the same time, with production orders already lined up for the first quarter of next year, Onvo president said.
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Nio to enter Azerbaijan auto market
Nio already has a vehicle sales and service partner in Azerbaijan, said its president, Qin Lihong, who will also check out the site for Nio's first local Nio House.
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Study: 57% EV in 10 years requires “strategic reset” from automakers
Rate of acceleration for global EV adoption has slowed, firm suggests focus beyond early adopters Study relates EV adoption to Strategist, Individualist, Carer, Conservative, and Frugal psychographic profiles Prior to "reset," 43% of non-EV drivers are already considering an EV next Automakers stand to substantially grow global EV sales over the... 2025 Polestar 3 gets less expensive, longer range RWD model
The 2025 Polestar 3 just got cheaper with the addition of a single-motor, rear-wheel-drive model to the lineup. Now live on Polestar's configurator, the rear-wheel-drive powertrain drops the 3's base price to $68,900 with a $1,400 destination charge. That's down from $74,800 previously, when only a dual-motor all-wheel-drive setup was available... Financially troubled Neta gets relief from local government support
A business entity of the Nanning city government will provide Neta with supply chain financial support for raw material sourcing, production, logistics, and export.
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Tesla Cybertruck recalled for sixth time, may lose drive power
The Tesla Cybertruck is being recalled due to an issue that could cause a loss of propulsion, which makes for the sixth recall of the electric pickup truck since deliveries started earlier this year. This recall, which covers 2,431 vehicles, addresses a potential fault with the affected trucks' inverters that could cause an immediate loss of... Report: US may undercut China on batteries by 2030
The U.S. could produce cheaper EV batteries than China by 2030, according to a new report by analysis firm Benchmark Mineral Intelligence (via Politico). But that depends on Biden administration policies undergirding current battery-manufacturing momentum staying in place. The cost reductions are dependent on tax credits from the Inflation... 