Author: admin

Retail sales of all passenger cars in China totaled 1.11 million units in the November 1-17 period, up 30 percent from a year earlier and up 3 percent from a month earlier. (A Volkswagen ID. 6 Crozz on display at a CATL showroom in Chengdu, Sichuan province in August 2024. Image credit: CnEVPost) In November 1-17, retail sales of passenger new energy vehicles (NEVs) in China amounted to 581,000 units, up 66 percent compared with the same period last year and up 7 percent from the same period last month, data released today by the China Passenger Car Association (CPCA)…

Read More

Corporate America is investing in clean energy at record levels, with tech giants taking the top spots for users of solar. Meta, Google, and Amazon are leading the charge in solar and battery storage adoption, according to the Solar Energy Industries Association’s (SEIA’s) latest “Solar Means Business” report. Meta continues to hold the title of the top solar user in corporate America, with nearly 5.2 gigawatts (GW) of solar capacity installed. Meanwhile, Google leads the way in energy storage, boasting 936 megawatt-hours (MWh) of installed battery capacity. Through the first quarter of 2024, these companies have added the most solar…

Read More

Stellantis revealed more details about the STLA Frame platform that underpins the Ram 1500 Ramcharger. The highly configurable platform supports vehicles with electric, hybrid, gas, hydrogen and EREV powertrains. It’s also adventure-ready and can accommodate 400- and 800-volt architectures with up to 690 miles of range in the EREV. Stellantis is under increasing pressure to deliver. The European conglomerate, with as many as 14 brands under its umbrella, including Jeep, Dodge and Ram, has struggled to keep pace with the fast-growing electric vehicle industry. Just over the past year, it has laid off hundreds of employees, its workers have gone…

Read More

STLA Frame platform can handle electric, range-extended electric, hybrid, and ICE powertrains Towing capacity maxes out at 14,000 pounds, which exceeds rivals by 4,000 pounds Stellantis again confirmed Ram 1500 REV electric truck will have up to 500 miles of range On Tuesday, Stellantis filled in some further info about the STLA Frame platform that will underpin both the 500-mile Ram 1500 REV electric pickup truck and 690-mile Ram 1500 Ramcharger range-extended version. The big news from Stellantis for its biggest global platform, first announced in 2021, is its multi-energy flexibility intended to support electric, plug-in hybrid, hybrid, hydrogen fuel…

Read More

CDG plans to invest 300 million euros ($280 million) in the first phase of Gotion’s Moroccan project and support its operations. (Image credit: Gotion) Volkswagen-backed Chinese battery giant Gotion High-tech (SHE: 002074) has secured funding for its battery project in Morocco from a financial institution in the North African country. On November 13, Gotion signed a memorandum of understanding with Moroccan investment agency CDG Group, which plans to invest 300 million euros ($280 million) in the first phase of Gotion’s Moroccan project, according to an announcement today. CDG, Morocco’s largest public financial investment institution, will support Gotion’s operations of the…

Read More

Zeekr saw its net loss decrease by 37.0 percent in the third quarter, while lower battery pack sales dragged down revenue. Zeekr (NYSE: ZK) saw its net loss narrow significantly in the third quarter, despite a slight decline in revenue, as vehicle deliveries were essentially flat from the previous quarter. The Chinese electric vehicle (EV) maker reported revenue of RMB 18.36 billion ($2.62 billion) in the third quarter, missing analysts’ estimates of RMB 19.71 billion in a Bloomberg survey, according to its unaudited results announced today. That’s up 30.71 percent from the third quarter of 2023 but down 8.39 percent…

Read More

Tesla CEO Elon Musk’s political hard right turn hasn’t been great for a car brand historically coveted by climate-conscious coastal liberals. Tons of people simply won’t buy from the electric automaker right now—or maybe ever—because of its close association with Donald Trump’s newest megadonor and the bombastic incoming head of the crypto-inspired Department of Government Efficiency.  Meanwhile, plenty of current Tesla owners are feeling increasingly guilty or embarrassed by their cars. Or, at the very least, they want the world to know that they see their Model 3 or Model Y as just a nice way to get around—and not…

Read More

Chines battery supplier CATL could build a plant in the U.S. The decision would hinge on whether Trump’s administration allows the Chinese to enter the market CATL wanted to invest in the U.S. but to date the government’s said no Chinese battery supplier CATL is open to building a U.S. factory if the incoming Trump administration allows it, the company’s founder said in a recent interview. “Originally, when we wanted to invest in the U.S., the U.S. government said no,” Robin Zeng said in an interview with Reuters published Wednesday. “For me, I’m really open-minded.” CATL has so far limited…

Read More

Tesla sold 40,485 vehicles in China in October, the lowest since April, as exports from its Shanghai factory rose 72.41 percent from September. Tesla (NASDAQ: TSLA) deliveries in China slipped last month, as exports from its Shanghai plant increased. Tesla China sold 68,280 vehicles in October, including 27,795 exported, data released today by the China Passenger Car Association (CPCA) showed. That means the US electric vehicle (EV) maker sold 40,485 vehicles in China in October, the lowest since April, CnEVPost’s calculations show. That’s up 41.43 percent from 28,626 vehicles in the same period last year, but down 43.93 percent from…

Read More

Korean battery giant LG Energy Solution will supply batteries for the upcoming Rivian R2. LGES said the R2 will get a new type of cylindrical cell with six times the capacity of current cells.  The battery blitz in America continues and the newest beneficiary of that is the upcoming Rivian R2. Rivian just inked a battery supply deal with Korean battery giant LG Energy Solution (LGES) for its next-generation R2 model that’s set to launch in the second half of this decade. The Irvine, California-headquartered automaker showcased the R2 electric SUV—which looks like a baby R1S—in March and is now…

Read More