Tagged: eV

Lordstown stalls on Endurance electric truck

2023 Lordstown EnduranceWith production of its Endurance electric pickup truck stalled by a recall, Lordstown Motors appears to be moving on to a next-generation vehicle platform developed in close collaboration with Foxconn. The next platform is "becoming a greater portion of our company's focus," Lordstown's fourth-quarter 2022 financial results presentation said...

Automakers in central China’s Hubei offer hefty subsidies as sales pressure mounts

Authorities in Hubei province have joined forces with local automakers this month to offer subsidies for car purchases of up to RMB 90,000 yuan ($13,000) for some models.

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China’s Feb retail sales of passenger NEVs up 32% from Jan to 438,000, preliminary CPCA data show

China's new energy passenger vehicle penetration at retail in February was 32.1 percent, up 6.4 percentage points from 25.7 percent in January.

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Overseas premiums likely to provide support for lithium prices in China, analysts say

Overseas lithium prices are already at a 20 percent premium to Chinese prices, which is expected to provide support for lithium prices as the export window opens, analysts said.

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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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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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