Polestar 4 SUV goes on sale in Europe and Australia
The starting price in Euro markets is 61,900 euros plus the transfer fee, which drives the price up to €63,200. In the UK, Polestar wants £59,990 for the Long-range single-motor version; the dual-motor layout comes in at £66,990. The company…
Renault Slams Brakes on Listing of Ampere EV Division
French automaker Renault said Monday that it was halting the initial public offering of its EV unit Ampere, saying market conditions were unfavourable to list the company’s shares. In a sweeping overhaul unveiled in 2022, Renault decided to split off…
Raya Auto Brings the Latest XPENG EVs with European Specifications to Egypt
Raya Auto, a subsidiary of Raya Holding for Financial Investments, has announced a major strategic partnership with XPENG, a leading manufacturer and developer of advanced electric vehicles, with which Raya Auto shall serve as the exclusive agent for XPENG cars…
Holcim to Deploy 1000 Mercedes-Benz Trucks Long-Distance Electric Vehicles
Holcim will deploy a total of 1000 units of Mercedes-Benz Trucks’ new eActros 600 battery-powered electric truck, which premiered in October 2023, to its European fleet. This enlargement of its electric truck fleet will contribute to Holcim’s 2030 goal of…
Battery Maker LG Energy Solution Projects Slowdown of Global EV Market
South Korean battery maker LG Energy Solution (LGES) on Friday predicted slowing growth in the global electric vehicle (EV) market this year, signalling further challenges ahead amid intensifying competition from Chinese rivals. The supplier of Tesla, General Motors, Volkswagen and…
China Says EU’s ‘unfair’ EV Subsidies Probe Risks Damaging Ties
China’s ambassador to the EU, Fu Cong, criticized the EU’s probe into Chinese electric vehicle manufacturers, calling it unfair. Cong emphasized China’s cooperation with the investigation to avoid trade measures. He pointed out that the EU also subsidizes its own…
The CEO Behind China’s leading Producer of EV Batteries Asks the Davos Crowd to Not let Geopolitics Get in the Way of Progress
Electric vehicles are quickly becoming a geopolitical hot potato. The U.S. and Europe are worried that cars made in China will soon flood their markets, outcompeting legacy automakers and leaving the West reliant on a country it increasing views as…
Europe Over-reliant on Chinese EV batteries, Warns South Korea’s SK On
Europe is in danger of becoming overdependent on Chinese electric-car batteries, said a leading South Korean industry executive, as the continent struggles to agree on a coherent strategy to boost domestic production. With European carmakers set to increase imports of cheap…
EVs Sold In Europe Will Need A Battery Passport From 2027
Electric vehicles sold in the European Union from February 2027 will need to come with a battery passport that provides details about the supply chain, sources, and other info on the battery pack’s raw materials. While regulators in the European…
Cadillac Ramps up Lyriq Electric Vehicle Output as Battery Supply Grows
General Motors’ (GM.N), opens new tab Cadillac is ramping up production of its Lyriq compact, electric sport utility vehicle now that more batteries are available and demand for luxury EVs remain strong despite a slowdown for other types of EVs,…
