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A German startup believes it has the recipe for electric vehicle battery cells that are cheaper, more energy dense, and less problematic for the environment than current lithium-ion cells. But commercialization seems a long way off. Theion announced Thursday in a press release that it is close to completing a 15 million euro (approximately $16.2 million at current exchange rates) Series A round to development of its sulfur-crystal battery chemistry. It’s based on proprietary anode technology that Theion hopes will extend battery life—one of the main obstacles to sulfur-based chemistries. Theion sulfur-crystal EV battery development With this chemistry, Theion is…
The Nio main brand will have a highly anticipated model in the fourth quarter, and Onvo will also begin deliveries a new model in the fourth quarter, which may be called the L80. Li once again emphasized that Nio will achieve profitability in the fourth quarter, otherwise it will be a major test of its business model. (File photo shows Nio founder, chairman and CEO William Li. Image credit: Nio) Nio (NYSE: NIO) founder, chairman and CEO William Li spoke to a small group of media yesterday, covering topics including the company’s upcoming product roadmap and profitability target. The Nio…
Buy or lease a new Hyundai EV, and you can get a free home charger or a $400 charging credit. Hyundai is offering a free ChargePoint Home Flex Level 2 EV charger with the purchase or lease of select EVs, including the new 2025 IONIQ 5 and IONIQ 6. Here’s how you can get yours. Earlier this year, Hyundai extended the offer, initially introduced in 2023, to include the upgraded 2025 IONIQ 5. The only issue was that it was only for the new IONIQ 5. Hyundai expanded the promo this week to include 2025 and 2024 model year IONIQ…
35% of conservatives surveyed say their opinion of Tesla has improved in the past six months. However, only 17% of conservatives would consider buying an EV. 53% of liberals and 31% of those who identify as “middle-of-the-road” surveyed are now less likely to consider a Tesla for their next vehicle. It’s been a week since Elon Musk and President Donald Trump’s Tesla infomercial on the White House lawn. That unusual event happened after Tesla’s stock dropped 15% in a single day, making it the single worst day the electric automaker has had in years. Trump couldn’t have been more effusive about…
California electric vehicle drivers could lose single-occupancy carpool lane access later this year, Automotive News reported Monday. The federal law that allows California to grant this perk, one of the earliest such EV ownership incentives, is set to expire Sept. 30, according to the report. California lawmakers reportedly want to extend the statute, but federal lawmakers have not introduced a bill or taken any other action to do so. The 1998 Transportation Equity Act for the 21st Century allows states to permit carpool lane access for vehicles with only one occupant as long as they are “certified as an inherently…
By the end of 2026, Xpeng’s products will cover the price range of RMB 100,000 to 500,000 yuan, from compact to large models. (File photo shows an Xpeng G6. Image credit: CnEVPost) Xpeng (NYSE: XPEV) today reported fourth quarter 2024 financial results and held an analyst call afterwards. Below are live updates from the call, with the most recent being at the top. Making humanoid robots is more difficult than cars. For an AI car, it can be driven by a driver even without AI capabilities, whereas a humanoid robot cannot be used without AI capabilities. By 2026, Xpeng’s flying…
Yangwang said it has completed development and testing of the DiSus-Z body control system, which would soon follow the U7 to market. The U7, a sedan priced in the RMB 1 million range, went on pre-sales last November. (Yangwang U7. Image credit: Yangwang) Yangwang, the ultra-luxury sub-brand of BYD (HKG: 1211, OTCMKTS: BYDDY), announced today that its new model, the U7 luxury sedan, would be launched soon, after pre-sales began last November. “The never-before-seen DiSus-Z has now completed its development and testing, and will soon meet you with the launch of the Yangwang U7,” Yangwang wrote on Weibo today. Yangwang…
Toyota’s bZ3X seems to be seeing good initial acceptance, securing over 10,000 orders in its first hour of launch. The model is Toyota’s first all-electric SUV in the RMB 100,000 class and comes with Momenta’s smart driving system. (Image credit: GAC Toyota) Japanese auto giant Toyota has launched its cheapest battery electric vehicle (BEV) model to date, the bZ3X, in China in an attempt to break traditional perceptions that Japanese EVs are expensive and unintelligent. GAC Toyota, Toyota’s joint venture with GAC Group, officially rolled out the Toyota bZ3X at an event last night with a starting price of RMB…
Telo Trucks on Thursday unveiled the first pre-production unit of its MT1 compact electric pickup truck. The next step toward getting the tiny truck into customer hands, California-based Telo said in a press release, is safety and durability testing, followed by regulatory homologation, which Telo hopes to finish next winter. Telo MT1 electric truck prototype. (Mar. 2025) Unveiled in 2023 in an early concept form, the MT1 stands in stark contrast versus current electric trucks, with a very compact size and focus on efficiency. It’s just 152 inches long—the same as the outgoing-generation Mini Cooper SE two-door hatchback—yet Telo claims…
Many of you are worried about the long-term reliability of electric vehicle batteries. I know because you ask me all of the time. Among skeptics and prospective buyers alike, it’s one of the first things to come up: Will the battery last? Yet more and more data is showing that modern EV traction batteries just don’t fail in significant numbers. You don’t have to worry about them. It’s the damn 12-volts that’ll leave you stranded in the office parking lot. Internal combustion drivers know that risk. Traditional cars use a 12-volt battery—usually a chunky lead-acid unit—to start the vehicle and…