News
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Tesla announced the open charging gun design, the standard was renamed NACS
On November 11, Tesla announced that it would open the charging gun design to the world, inviting charging network operators and automakers to jointly use Tesla’s standard charging design. Tesla’s charging gun has been used for more than 10 years, and its cruising range has exceeded ...Read more -
Steering assist failed! Tesla to recall more than 40,000 vehicles in the U.S.
On November 10, according to the National Highway Traffic Safety Administration (NHTSA) website, Tesla will recall more than 40,000 2017-2021 Model S and Model X electric vehicles, the reason for the recall is that these vehicles are on rough roads. Steering assistance may be lost after driving o...Read more -
Geely Auto Enters EU Market, First Sales of Geometric C-Type Electric Vehicles
Geely Auto Group and Hungarian Grand Auto Central signed a strategic cooperation signing ceremony, marking the first time that Geely Auto will enter the EU market. Xue Tao, Executive Deputy General Manager of Geely International, and Molnar Victor, CEO of Grand Auto Central Europe, signed a coop...Read more -
The total number of NIO battery swap stations has exceeded 1,200, and the goal of 1,300 will be completed by the end of the year
On November 6, we learned from the official that with the commissioning of NIO battery swap stations at Jinke Wangfu Hotel in Suzhou New District, the total number of NIO battery swap stations across the country has exceeded 1200. NIO will continue to deploy and achieve the goal of deploying more...Read more -
Global power battery list in September: CATL era’s market share fell for the third time, LG overtook BYD and returned to second
In September, the installed capacity of CATL approached 20GWh, far ahead of the market, but its market share fell again. This is the third decline after the decline in April and July this year. Thanks to the strong sales of Tesla Model 3/Y, Volkswagen ID.4 and Ford Mustang Mach-E, LG New Energy s...Read more -
BYD Continues Global Expansion Plan: Three New Plants in Brazil
Introduction: This year, BYD went overseas and entered Europe, Japan and other traditional automotive powerhouses one after another. BYD has also successively deployed in South America, the Middle East, Southeast Asia and other markets, and will also invest in local factories. A few days ago...Read more -
Foxconn cooperates with Saudi Arabia to produce electric vehicles, which will be delivered in 2025
The Wall Street Journal reported on November 3 that Saudi Arabia’s sovereign wealth fund (PIF) will partner with Foxconn Technology Group to produce electric vehicles as part of Crown Prince Mohammed bin Salman’s efforts to build an industrial sector that he hopes the sector could diversify the S...Read more -
Mass production by end of 2023, Tesla Cybertruck not far away
On November 2, according to people familiar with the matter, Tesla expects to start mass production of its electric pickup truck Cybertruck by the end of 2023. Production delivery progress was further delayed. As early as June this year, Musk mentioned at the Texas factory that the design of the ...Read more -
Stellantis’ third-quarter revenue surges 29%, boosted by strong pricing and high volumes
November 3, Stellantis said on November 3, thanks to strong car prices and high sales of models such as the Jeep Compass, the company’s third-quarter revenue surged. Stellantis third-quarter consolidated deliveries rose 13% year-on-year to 1.3 million vehicles; net revenue rose 29% year-on-...Read more -
Mitsubishi: No decision yet on whether to invest in Renault’s electric car unit
Takao Kato, CEO of Mitsubishi Motors, the smaller partner in the alliance of Nissan, Renault and Mitsubishi, said on Nov. 2 that the company has not yet made a decision on whether to invest in French automaker Renault’s electric vehicles,media reported. Department makes a decision. “I...Read more -
Volkswagen sells car-sharing business WeShare
Volkswagen has decided to sell its WeShare car-sharing business to German startup Miles Mobility,media reported. Volkswagen wants to get out of the car-sharing business, given that the car-sharing business is largely unprofitable. Miles will integrate WeShare’s 2,000 Volkswagen-branded elec...Read more -
Vitesco Technology targets electrification business in 2030: revenue of 10-12 billion euros
On November 1, Vitesco Technology released its 2026-2030 plan. Its China President, Gregoire Cuny, announced that the electrification business revenue of Vitesco Technology will reach 5 billion euros in 2026, and the compound growth rate from 2021 to 2026 will be up to 40%. With the continued gro...Read more