Smart and Sustainable Electric Mobility
The rental giant Hertz hit the brakes last week on its rapid shift to electric vehicles—from Tesla, particularly—citing the high cost of EV collision repair of these vehicles. The company’s CEO, Stephen Scherr, confirmed the company’s reasons behind the move during its third-quarter earnings call on Thursday, with the news... 
Factorial Energy recently announced the opening of a new manufacturing facility it claims is the largest thus far in the U.S. for solid-state batteries—although there's not yet a timeline for scaled-up production. Located in the Boston suburb of Methuen, Massachusetts, near Factorial's existing headquarters and R&D center, the $50... At the current stage, Baolong and Nio will cooperate on products including air springs, wheel speed sensors, and optical rain sensors.
The post Nio and auto parts supplier Baolong sign cooperation deal appeared first on CnEVPost.
For more articles, please visit CnEVPost.
General Motors is offering 2020-2022 Chevrolet Bolt EV and EUV owners an early $1,400 payment for a class-action lawsuit settlement over the recalled EVs in exchange for installing diagnostic software the automaker plans to use to determine if cars need new battery packs. First reported by Electrek, the payment offer is the latest development in a... BYD reported a record net profit of RMB 10.41 billion in the third quarter, up 52.59 percent from the second quarter. Gross margin for the third quarter was 22.12 percent, a record high since the third quarter of 2020.
The post BYD posts record Q3 net profit, gross margin hits 2-year high appeared first on CnEVPost.
For more articles, please visit CnEVPost.
Neta aims to transform itself into a global high-tech technology company and reach one million sales in global markets by 2026.
The post Neta ships EVs to Turkey; to start selling multiple models in UAE in 2024 appeared first on CnEVPost.
For more articles, please visit CnEVPost.
The vehicles' high-voltage batteries have a dual-battery cell module design that risks causing thermal runaway.
The post BMW recalls 41,446 units of 5 Series plug-in hybrids in China over battery issue appeared first on CnEVPost.
For more articles, please visit CnEVPost.
