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So far this month, Nio had 13,300 insurance registrations in China, Tesla 28,400, Xiaomi 7,500, Xpeng 5,400, Li Auto 30,200 and BYD 187,300. Major electric vehicle (EV) makers continued to see mixed sales performance in China last week. For the week of July 15-21, Nio (NYSE: NIO) vehicles saw 4,600 insurance registrations in China, up 35.29 percent from 3,400 in the previous week, according to data shared today by Li Auto (NASDAQ: LI). Li Auto stopped sharing weekly insurance registration numbers earlier this year, after doing so for about 1 year. It resumed sharing those numbers in early May. So…
On today’s episode of Quick Charge, the Cybertruck gets homolgated in Canada, Elon delays the Optimus robot for up to a full year, Hyundai’s feeling skittish about a possible victory for Donald Trump this November, and a Club Car shows off a real MAN’s truck – finally! Now that the Tesla Cybertruck has become the best-selling electric pickup in the US and is on its way to dominating Canada, I think it’s high time that we begin to ask ourselves what makes a truck a truck … because the slab-sided, low-poly, post-apocalyptic wedge thing ain’t it for me. Source Links…
Porsche is scaling back its all-electric ambitions. The company previously announced plans for EVs to make up 80% of its sales by 2030. Now it’s not so sure about that. It told Reuters in a statement that it was prepared to meet that goal if and only if customer demand for EVs grew. “The transition to electric cars is taking longer than we thought five years ago,” Porsche said in the statement to Reuters. “Our product strategy is set up such that we could deliver over 80% of our vehicles as all electric in 2030 – dependent on customer demand and…
Donald Trump hates electric cars—particularly Chinese electric cars—but his administration’s sanctions against China’s Xiaomi in early 2021 sparked the company’s decision to build an EV, CEO Lei Jun told Reuters at a company event Friday. Best known for its smartphones, Xiaomi launched its first EV earlier this year. It’s the product of a move Lei said only happened after he learned that the Trump administration had placed the company on a U.S. sanction list. “I received a phone call from a friend saying that we had been sanctioned,” Lei said, adding that Xiaomi convened an emergency board meeting that day…
Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News! The plan was simple — embark on a wild adventure travelling 4,500 miles across Europe to reach Nazare in Portugal. As we have two cars, a gas SUV and a Tesla Model 3 Performance, my wife’s choice was to go in the SUV — safe, comfortable, and “good range.” I was also leaning towards that safe option, but then got a little ashamed of burning fossil fuels against everything I believe in. I suddenly remembered meeting a famous CleanTechnica journalist and EV enthusiast (whose…
Li Auto recently set up an end-to-end large model autonomous driving team of slightly over 200 people, according to local media. (A Li Mega on display at the Beijing auto show in April 2024. Image credit: CnEVPost) Li Auto (NASDAQ: LI) has reportedly set up a dedicated team to bet on end-to-end AI (artificial intelligence) technology, becoming the latest to do so after Nio (NYSE: NIO). Li Auto recently set up an end-to-end large-model autonomous driving team of just over 200 people, with some members of other teams providing flexible support, local media outlet 36kr reported today. The car company…
Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News! Altilium, a UK-based clean technology group focused on supporting the transition to net zero, and Connected Energy, a leading developer of second-life battery energy storage systems, have today announced a new strategic relationship that will see the two companies working together to extend the lifecycle of EV batteries. The collaboration brings together two of the UK’s leading innovators in the fast-growing EV battery eco-system and underlines both companies’ commitment to sustainability and reducing the environmental impact of EV batteries. Connected Energy designs and develops…
In a hearing on Tuesday, a Delaware Bankruptcy Court judge granted Fisker’s motion to sell off its remaining inventory of Ocean SUVs in a bulk deal worth up to $46.25 million. Earlier this month, the troubled electric vehicle startup said in a filing that it had found a buyer for the roughly 3,200 unsold Oceans that are configured for the North American market. The buyer, American Lease, leases out EVs to drivers for ride-hailing services in New York. An American EV startup goes bankrupt Fisker Inc. is the second automotive startup from renowned car designer Henrik Fisker. The company was…
GM announced in 2022 it could build 1M EVs annually in 2025 It aimed to make 400,000 EVs over 2022 and 2023—later extended into 2024 Backpedaling on both targets, CEO Barra now says an undeveloped EV market is to blame General Motors CEO Mary Barra has walked back the automaker’s target of having production capacity for one million EVs in 2025, blaming slowing demand. Barra told CNBC (via Bloomberg) at an event July 15 that GM wouldn’t have the planned production capacity in place by next year, adding that customer demand would determine how quickly GM would reach one million…
BEV manufacturer Polestar will once again participate in the annual Goodwood Festival of Speed, and the 2024 event will display several current and concept models. That lineup includes the global debut of the Concept BST, a new variant based on the upcoming Polestar 6 that teases a future variant from Polestar’s performance line. 2024 marks Polestar’s third consecutive year participating in the UK’s annual Goodwood Festival of Speed, and the EV automaker has a habit of showing off new technology during the event’s famous hill climb. In 2022, it debuted a Polestar 5 prototype up the hill, showcased a new…