Toyota announced a direct price reduction of 2,800 USD, bringing the actual cost down from 24,400 USD to 28,800 USD.
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Tagged: eV
Chinese NEV insurance registrations for week ending Mar 5: BYD 38,932, Tesla 13,266, NIO 3,345
NIO vehicles registered 3,345 insurance units last week, down slightly from 3,357 the week before.
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Toyota bZ3 with BYD battery and motor starts accepting pre-orders in China with prices starting at $24,500
The Toyota bZ3 is priced lower than the BYD Han EV in China, but higher than the BYD Destroyer 05.
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Xiaomi’s car project progresses beyond expectations, mass production set for H1 2024, CEO says
Spy photos of what is suspected to be Xiaomi's first model have been circulating on Weibo recently, showing the exterior and some of the interior design of the model.
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CATL’s share in global EV battery market slips in Jan, BYD rises
CATL's battery installations rose 6.5 percent year-on-year in January, below the industry's growth rate of 18.1 percent.
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NIO Capital’s portfolio firm Standard Robots closes new financing
Standard Robots aims to use driverless, robotics and artificial intelligence technologies to create efficient and flexible logistics solutions to help manufacturing companies improve productivity.
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BYD Yangwang U8 Electric SUV Without Camouflage In China
The Yangwang U8 is a seven-seat SUV with 1100 horsepower.
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Tesla Model S and Model X prices cut again by up to $10,000
Over the weekend, Tesla again cut prices on its Model S sedan and Model X SUV. The company already lopped $10,000 off the price of the Model S in January, as part of sweeping price cuts across the entire lineup; now it’s cut another $5,000. With this, an even greater cut applies to Model X prices; they're now $10,000 lower than they were... 2024 Mercedes-Benz eSprinter plugs electric vanlife into daily work
Mercedes-Benz recently revealed its new generation of eSprinter electric vans. It’s made efficiency and flexibility among the core focus points so that it can position the lineup for far more than last-mile deliveries, and a future in which vans—and vanlife—with gas and diesel engines will be on the retirement path. The company... The SUV market is fueling global oil demand, clouding CO2 targets
A strong SUV market is leading to higher oil demand today, and may make future carbon dioxide (CO2) emissions targets harder to achieve, according to the International Energy Agency (IEA). New IEA analysis found that global CO2 emissions from SUVs reached nearly 1.1 billion tons in 2022, overshadowing increased sales from electric cars. SUVs are... 