Based on parent company Geely’s SEA EV platform, the Zeekr 003 is said to accelerate from 0 to 100 km/h within 4 seconds.
Month: February 2023
NIO Electric Car Sales Decreased By 12% In January 2023
Especially significant is the 77% drop year-over-year in the crossover/SUV segment.
Rivian expected to layoff 6% of workforce following pressure from EV rivals
Rivian (NASDAQ: RIVN) is expected to layoff six percent of its workforce following pressure from EV rivals, which have cut prices significantly already in 2023, putting pressure on electric vehicle makers attempting to reach profitability. According to an internal memo seen by Reuters, Rivian is axing six percent of its employees in an effort to save […]
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Bianchi Teams Up With Nico Rosberg To Launch New Colors For The E-Omnia
The city-focused e-bike range gets a dash of racing heritage with the iconic Bianchi Celeste colorway.
Ioniq 6 beats Model 3, Toyota EV position, GM battery flexibility: Today’s Car News
Toyota’s change at the top likely doesn’t change its position on EVs. GM says it’s flexible on battery format; read into that what you will. And the Hyundai Ioniq 6 pushes efficiency and range to new heights. This and more, here at Gr…
GM CEO: Flexible on battery cells in EV ramp
GM has built a strong argument around the idea that one specific battery cell format, co-developed with LG, is a key for the company realizing certain economies of scale as it ramps up EV production. But recent reports have suggested that GM is shoppin…
Polestar 2 gets major update
Polestar has announced a major update for the MY24 model of the Polestar 2. It’s sounds a long way out but Australian orders will start in Q2 2023 with deliveries in Q3. The changes sound significant and will reflect the design language premiered by Polestar 3 as well as performance increases from all-new electric motors, […]
Tesla’s Price Reductions Making Major Impact On Rivals In China
Elon Musk mentioned a Chinese rival as the US EV maker’s primary competitor, and it seems Tesla’s price cuts are doing their job.
New Wolfspeed EV chip factory poised to tackle automotive chip shortage
An upcoming EV chip manufacturing plant in Germany is poised to finally tackle the chip shortage that has ravaged automakers worldwide. If one thing has become eminently clear over the past three years, it is the fact that the supply chains that bring us everything from cars to surgical masks are incredibly delicate and, further, […]
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EV price war! Ford responds to Tesla price cuts, boosts production of Mustang Mach-E
The greatest barrier to EV adoption is the steep price premium relative to legacy vehicles—and for the past couple of years, prices have been moving in the wrong direction, thanks to supply-chain constraints and general post-COVID inflation. When Tesla recently announced price cuts of up to 20 percent, the boo-birds crowed about softening demand, but… Read more »
