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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Monthly Archive: November 2024
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... Most of Nio swap stations in Shanghai deliver over 100 services per day, says CFO
A battery swap station can break even if it serves 60 to 70 times a day, Nio's CFO said.
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BYD launches Song Pro in Chile, Shark pickup makes local debut
The Song Pro DM-i is the 10th model BYD has launched in Chile. The BYD Shark will be launched in Chile in the first quarter of 2025.
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Zeekr unveils series of deals that will see it acquire 51% of Lynk & Co
Zeekr expects to use its own cash reserves and external financing to fund the acquisition.
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