Xpeng plans 30 new models to survive Chinese competition

The Xpeng G6 SUV Image: Xpeng

Chinese EV company Xpeng will launch 30 new models in the coming three years to survive what its Chairman and CEO He Xiaopeng called a 'sea of blood' --- the competition between Ch...

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BYD goes upscale, plans to launch multiple luxury models this year

The BYD Yangwang U8 has raised comparisons with the Range Rover. Image: BYD

Chinese carmaker BYD plans to launch a number of "high-end luxury" models by the end of this year, the company told the Hong Kong stock market in an exchange filing. The move refle...

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BYD takes aim at US market, evaluating EV plant in Mexico

Image: Business Wire

Chinese battery and electric vehicle powerhouse BYD is preparing to set up an EV factory in Mexico, the head of its Mexican operations told reporters. The company has launched a fe...

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GAC Aion begins construction of EV plant in Thailand

Image for representation purposes only. Source: Wikipedia

Chinese electric automaker GAC Aion has recently begun the construction of its first overseas EV production facility in Thailand. Located in Rayong province in the country's Easter...

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China's Geely launches 11 satellites to aid driverless cars

The Zeekr 001 is among Geely's models that can use the satellites for navigation and communication. Image: Geely

ZeekChinese automaker Geely Holding announced the company launched 11 low-earth orbit satellites last week to support navigation for driverless cars. The launch, from Xichang Satel...

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BYD-FAW battery JV begins mass production of 'blade battery' in China

Source: FAW-FinDreams

FAW-FinDreams, the joint venture between BYD's battery arm FinDreams and automaker FAW, has recently started mass roll-out of battery packs for electric vehicles in China, for...

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SAIC-GM-Wuling reveal battery pack for commercial NEVs in China

Source: SAIC-GM-Wuling

The automotive JV between SAIC, GM and Liuzhou Wuling Automobile in China has launched 'Wuling Red 1', a power battery pack designed for commercial new energy vehicles (N...

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Smartphone maker Xiaomi will launch five-seater EV next year

Smartphone company Xiaomi is getting into electric vehicles, according to filings released by China's Ministry of Industry and Information Technology (MIIT), which is responsible f...

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Eye on EV Charging: In conclusion, a global snapshot and some questions that need answers

Whether Indian e-bus and OEMs collaborate to launch charging networks remains to be seen. Image: Shutterstock

Well distributed and easy-to-access charging networks will be a vital factor for faster adoption of e-mobility. The networks need to provide fast, reliable and sustainable charging...

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Eye on EV Charging: In China and Japan, charging networks are largely collaborative affairs

Image: BYD

Well distributed and easy-to-access charging networks will be a vital factor for faster adoption of e-mobility. The networks need to provide fast, reliable and sustainable charging...

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Daily Shorts: Stellantis buys into Leapmotor, Australian state pumps $630 million more into RE

Image: Pexels

Stellantis announced it would buy 21 percent in Chinese EV company Leapmotor for $1.6 billion. In addition, the two companies have formed a joint venture that will hold exclusive r...

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No looking back: Energy transition in China

In many ways, this year was the tipping point for renewable energy. The world has woken up to the imperative of energy transition, and countries around the world have made progress...

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Daily Shorts: UK eases onshore wind norms, Stellantis says its cars can switch to e-fuels

The UK government has eased approvals for onshore wind projects in England supported by the local population. The proposals also aim to incentivise locals by offering them cheaper ...

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Daily Shorts: US offers $12 bn to retool car plants for EVs, Tesla reverses China price war

Equinor and BP want to increase the price of power from three planned offshore wind farms by 54 percent, and have cited "rampant inflation, global supply chain disruptions, soaring interest rates…” among the reasons for their application. Image: Empire Wind

The US government is offering auto companies and component suppliers $12 billion in grants and loans so they can retrofit their plants to produce electric vehicles. US Energy Secre...

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Second Coming: India's JSW Group in talks with Chinese company for an EV foray

JSW Group is giving EVs another shot. Image: Shutterstock

JSW Group, India's $23 billion steel-to-paints conglomerate, has held early talks with China's Leapmotor to license the company's electric vehicle technology, Reuters reports, citi...

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Daily Shorts: BYD profit triples, Indonesia's Aceh to get green hydrogen plant

Chinese EV powerhouse BYD said first-half profit tripled to $1.50 billion, as record deliveries helped the company retain the title of China's biggest-selling automotive brand. Dat...

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Weekend Roundup: India may put EVs in priority lending list, BYD buys Jabil's China mobility operations

Image: Pexels

India could include EVs under its priority sector lending category to make it cheaper for companies to raise funds, Reuters reported, citing an unidentified government official. Th...

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Weekend Roundup: India calls for green funds to emerging markets, Dubai picks Masdar for 1800 MW solar capacity

Image: Pexels

The chief of India's central bank has said there was an urgent need for increasing green funds to emerging markets. Making closing remarks at a G20 finance event, Reserve Bank of I...

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Daily Shorts: China’s Li Auto to launch battery EV, Rivian declares it is financially fit

Image: New Fortress Energy

Rivian Automotive raised full-year production estimates to 52,000 vehicles and proclaimed it was financially stable, bringing some cheer to the troubled US EV sector. Rivian, backe...

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Daily Shorts: Subaru ups EV sales target, VW eyes Leapmotor platform and more

Image: Subaru

Japan's Subaru announced it will target sales of 600,000 electric vehicles a year by 2030, or half the company's annual sales. The company also announced plans to invest $10.5 bill...

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Daily Shorts: Swiss town gets 100% RE capacity, Germany’s getting an 800 MW hydrogen power plant and more

RWE's hydrogen plant will use Ansaldo Energia’s GT36 turbine to generate power. Image: Ansaldo Energia

Switzerland has installed six wind turbines in the town of Sainte-Croix along its French border, giving it enough capacity to meet the town's energy needs through renewable sources...

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Daily Shorts: Thyssenkrupp moves to decarbonize its steel, Iberdrola sells wind farm stake to Masdar

German industrial major Thyssenkrupp will invest around €3 billion to set up a green steel plant in Duisburg, the German government announced. Over €2 billion of that includes gove...

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Weekend Roundup: Itochu launches $2 billion RE fund, Mercedes says China central to coming EV campaign

Mercedes' all-electric SUV, the EQE. Image: Mercedes Benz

Japan's Itochu Corp announced the company will invest around $2 billion in renewable power assets in Canada and the US through Overland Capital Partners, a fund set up in partnersh...

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Daily Shorts: China's Farizon raises $600 million, Musk says Tesla could deploy robots next year and more

Farizon, an electric and hybrid truck manufacturer owned by China's Geely, announced it had raised $600 million from investors led by Boyu Capital and Yuexiu Industrial Fund. The c...

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Amid EV shift, Japanese could lose Thai auto market to China

Southeast Asia's largest automotive hub is gearing up for a China-Japan clash, market analysis shows. Chinese electric vehicle companies are heading into Thailand, and have so far ...

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