Up-and-coming EV maker NIO aims to sell cars in the US by 2025. The company plans to import premium Chinese-made EVs to the US as it looks to expand its market. CEO of NIO in the US, Ganesh Iyer, revealed the EV maker’s vision at the NextChina Conference on Thursday, according to Nikkei. “My goal,
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Kia is asking its dealers to avoid markups on the new EV9 electric SUV. The automaker says its first three-row electric SUV is garnering “significant consumer interest” as it’s expected to hit dealerships by the end of the year. After opening orders for the EV9 last month, Kia America’s VP of sales, Eric Watson, said
Tesla has officially launched its virtual power plant in Puerto Rico and it could quickly become the world’s biggest thanks to the large Powerwall user base in the region. Virtual power plants (VPP) consist of aggregating distributed energy assets, primarily rooftop solar and home energy storage, to offer grid services like peak shaving. A company
As Chinese automakers like BYD steal Toyota’s limelight in Thailand, the automaker is planning a counter-offensive. Toyota is set to test a new electric pickup to fend off the incoming competition. Toyota unveiled its first electric pickup, the HiLux BEV, nearly a year ago for its 60th anniversary in Thailand. Pickups are a critical part
Europe’s largest automaker, Volkswagen, is delaying plans for a fourth EV battery factory for now. CEO Oliver Blume said the decision was based on market conditions in Europe. Volkswagen pushes back fourth EV battery plant plans The Volkswagen Group announced plans to open six gigafactories by the end of the decade. VW has already chosen
A few months ago, we covered Honda’s unveiling of its smallest electric vehicle, the Motocompacto. The company has finally opened the order books on its little electric scooter, meaning you could own a new Honda EV for under $1,000. Officially priced at $995, the Motocompacto is a modern-day homage to the classic Honda Motocompo motorcycle
Elon Musk went on the Joe Rogan Experience podcast with a Tesla Cybertruck and revealed a few more details about the electric pickup truck. We are now officially 30 days away from the Cybertruck delivery event, which is also going to be the defacto Cybertruck production version launch. At the event, Tesla is expected to
Stellantis, the parent company behind Jeep, Ram, Dodge, and 11 others, is launching several new affordable EVs in 2024. The automaker aims to reduce prices on electric models to take on industry leaders like Tesla and incoming Chinese EV makers. Jeep owner takes stake in Leapmotor Days after announcing it will invest $1.6 billion (€1.5
Things are getting heated Down Under as a Toyota executive’s recent anti-EV comments in Australia are being challenged by industry leaders, including Tesla. According to the Electric Vehicle Council of Australia, the comments come as the automaker is losing market share over its own hesitancy to go electric. Toyota has been the most vocal automaker
A new Volkswagen EV will begin rolling out next year. Volkswagen revealed the first images of the ID.7 Tourer, the brand’s first electric station wagon. The flagship ID.7 electric sedan is gaining an estate version, or station wagon, for those of you in North America. After beginning ID.7 production in August, Volkswagen opened orders for
Tesla Service workers have gone on strike across Sweden due to Tesla’s refusal to sign a collective bargaining agreement. In response, Swedish dockworkers have stated that they will refuse to unload Tesla vehicles in Swedish ports unless the conflict is resolved quickly. Tesla does not have any manufacturing presence in Sweden, but it does have
Tesla is holding a lottery for tickets to its upcoming Cybertruck delivery event on November 30th at its Texas Gigafactory in Austin. The Cybertruck is nearing release, and we’ve been seeing more and more of it in recent months. It was originally meant to be delivered by the end of Q3, but that timeline came
The new 2024 Hyundai IONIQ 6 will start at $4,100 less than last year’s model. Hyundai says the lower price is due to “production efficiencies and scale.” The entry-level Hyundai IONIQ 6 SE Stand Range starts at $41,600 right now, but holding out until the 2024 model will save you over $4,000. Hyundai is lowering
Welcome to Backstage, the TV and film podcast from Sky News. This week, we hear from Eddie Izzard about her role in new film Doctor Jekyll. Harry Potter and Fantastic Beasts director David Yates speaks to us about his latest film Pain Hustlers starring Emily Blunt and Chris Evans. BAFTA award-winning BBC drama, Time, has
Princeton University’s Electric Speedboat team has set a new world water speed record for an electric-powered boat, reaching an average speed of 114 mph (183 km/h or 99 knots) on Lake Townsend near Greensboro, North Carolina. The record-smashing attempt was made yesterday on the American Power Boat Association’s sanctioned kilo course, breaking the previous record
If you thought the Taycan was a sleek car, wait until you see what Porsche is planning for its mid-cycle update. The new Porsche Taycan was spotted out in the wild this week, giving us a sneak peek of the new design. After its launch in 2019, the Porsche Taycan quickly became one of the
After achieving a record Q3 profit, Hyundai says it’s standing by its upcoming EV plans. The move comes despite several prominent automakers, including Ford and GM, recently delaying electric vehicle goals. Hyundai Motor, including Kia and Genesis brands, announced Q3 earnings results Thursday, showing strong profit growth. The South Korean automaker posted a record Q3
In a move reflecting the national interests in the race between next-generation aviation companies to bring advanced air mobility (AAM) vehicles to market, Japan’s SkyDrive has received 12.4 billion yen ($82.7 million) from the government to support the development of the startup’s electric vertical takeoff and landing craft (eVTOL). SkyDrive’s work on its piloted two-passenger SD-05 eVTOL has secured it a reputation as
The Honda-General Motors EV saga may be ending sooner than expected. Honda’s CEO, Toshihiro Mibe, said the automaker is scrapping plans to build affordable EVs with GM because of the “changing business environment.” “After studying this for a year, we decided that this would be difficult as a business, so at the moment we are
The luxury automaker unveiled the sporty Infiniti Qe electric sedan concept Tuesday, previewing the brand’s first EV that will hit US streets. We also caught a glimpse of Infiniti’s first electric SUV. Infiniti announced plans to launch four new models as part of a major brand revamp by 2030, including two fully electric vehicles. Nissan’s
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