Category: Electric cars

Lordstown indicates Foxconn may be backing out of deal

Lordstown EnduranceLordstown Motors on Monday warned that Taiwan's Foxconn may be looking to back out of a crucial funding deal that would keep the electric truck maker running—and that it might go bankrupt if the issue isn't resolved. In a regulatory filing first reported by CNBC, Lordstown said it received a letter from Foxconn on April 21 alleging that the...

BYD sold 104,346 all-electric vehicles globally in April, including 1,500 Seagulls and 6,212 Seal EVs

BYD also exported 14,827 NEVs, and BYD Dolphin sold over 30,000 units. BYD Seal's 6,212 units sold could have been better, as it had the ambition to compete with Model 3. BYD Seagull sold 1500 units.

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Mercedes-Geely JV Smart delivered 4,390 #1 SUVs in April, ending six months of growth

From the press release: Geely is resposnible for the manufacturing and tech ... Mercedes designed a virtual assistant, Cheetah, and created to it 40 action images and 6 exclusive action images.

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