Huawei’s Aito M7 Pro received 6,000 orders in 48 Hours after launch

Xpeng Mona M03 can make a profit despite low price, and more details on Max’s smart driving

On August 27, Xpeng officially launched its Mona M03 EV. What surprised many was how low the starting price was for the new model, ranging from 119,800 to 155,800 yuan (16,800 – 21,850 USD). This has led many people to question how Xpeng will make a profit from such a car. Following the launch, more […]

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Polestar hires former Vinfast boss as new CEO

Michael LohschellerPolestar named Michael Lohschelle as its new CEO Michael Lohscheller's resume includes Opel, Vinfast, and Nikola Volvo spun off Polestar Polestar has appointed Michael Lohscheller as its new CEO, replacing Thomas Ingenlath, who has led the EV brand since it was spun off from Volvo, following the latter's resignation. The change takes effect Oct...

GM-Samsung $3.5B battery plant coming to Indiana

2024 Chevrolet Equinox EVSamsung SDI on Wednesday said it had signed an agreement with General Motors for a joint EV battery factory in Indiana. First reported by Reuters, the deal calls for the two companies to invest $3.5 billion in the factory, which targets annual production capacity of 27 gigawatt-hours of cells. Samsung reportedly expects the factory to begin mass...

Huawei’s Aito M7 Pro received 6,000 orders in 48 Hours after launch

The Aito M7 Pro, launched on August 26, received over 6,000 orders within 48 hours. Priced between 35,100 to 40,700 USD, it features a vision-based driving system and five- or six-seater options. Deliveries began on August 27, with a goal of 10,000 units in the first month.

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