Tag: Electric vehicles

GM CEO says spinoff of the automaker’s EV assets not off the table

By Ben Klayman DETROIT, July 29 (Reuters) – General Motors Co Chief Executive Mary Barra said Wednesday “nothing is off the table” when it comes to maximizing the value of the No. 1 U.S. automaker’s electric vehicle efforts, including a possible spinoff of those assets. Speaking to analysts after GM reported a smaller-than-expected loss in… Continue reading GM CEO says spinoff of the automaker’s EV assets not off the table

A Chinese Tesla competitor skyrockets nearly 350% in just 2 days after announcing it will launch vehicles in the US next month (KNDI)

Visual China Group/ Getty Images/ Shares of Kandi Technologies have surged as much as 350% from Tuesday’s close, fueled by the electric-vehicle maker’s announcement that it will launch two of its cars in the US next month.   Kandi Technologies is a Chinese electric-vehicle maker that competes with the likes of Tesla and Nio. On Tuesday, Kandi… Continue reading A Chinese Tesla competitor skyrockets nearly 350% in just 2 days after announcing it will launch vehicles in the US next month (KNDI)

Li Auto IPO: Blazing a Different Trail

As Li Auto’s first investor, what I saw was the practicality of Li Auto’s product strategy. From Day 0, Li Auto made a bold decision to focus on extended-range electric vehicles (EREVs) rather than pure electric models, which was the common strategy adopted by peers. Pure battery electric vehicles face structural challenges currently with limited… Continue reading Li Auto IPO: Blazing a Different Trail

@Geely: Kandi Brings to Market America’s Most Affordable Pure Electric Automobiles, Announces August 18 Virtual Event to Kick-off Pre-Sales

JINHUA, CHINA, July 30, 2020 (GLOBE NEWSWIRE) — Kandi Technologies Group, Inc. (the “Company,” “we” or “Kandi”) (NASDAQ GS: KNDI), today announced the formal launch of the most affordable pure electric automobiles (EVs) in the U.S. market, the Kandi K27 and K23 models.  The cars will be sold by Kandi America, the trade name of… Continue reading @Geely: Kandi Brings to Market America’s Most Affordable Pure Electric Automobiles, Announces August 18 Virtual Event to Kick-off Pre-Sales

Lightning Systems Launches New Energy Division to Provide Charging Solutions to Fleets

LOVELAND, Colo., July 30, 2020 /PRNewswire/ — Lightning Systems, a developer and manufacturer of zero-emission commercial electric vehicles, announces the launch of Lightning Energy, a new division of the Colorado-based company that offers charging technologies and services to commercial and government fleets. Continue Reading Lightning Energy provides everything needed for charging electric commercial fleet vehicles Lightning Systems’… Continue reading Lightning Systems Launches New Energy Division to Provide Charging Solutions to Fleets

AAM Supplies Electric Drive Unit for New Baojun E300 Plus in China

DETROIT, July 30, 2020 /PRNewswire/ — American Axle & Manufacturing’s Electric Drive technology powers the all-electric Baojun E300 Plus from SAIC-GM-Wuling. The new 4-seat minicar went on sale recently in China. The E300 Plus is powered by a 40 kW Electric Drive Unit manufactured at Liuzhou AAM Automotive Driveline System Co., Ltd. in a state-of-the-art manufacturing… Continue reading AAM Supplies Electric Drive Unit for New Baojun E300 Plus in China

Citroen e-Dispatch Arrives In UK Priced From £25k+VAT

Citroen’s new, all-electric e-Dispatch van is now available to order in the UK, with prices starting at £25,053+VAT once the Plug-In Van Grant is applied. The first vehicles are due to arrive in dealerships later this year, with customers getting a choice of three trim levels, three lengths and two different batteries. The basic asking… Continue reading Citroen e-Dispatch Arrives In UK Priced From £25k+VAT

Panasonic Was Hit Hard In Q2 2020 Due To COVID-19

Panasonic‘s report for the second quarter of 2020 is pretty weak as most of its business was hit hard by the COVID-19 lockdown. There are losses for the quarter and the full-year forecast says that net profits will be halved compared to 2019. Let’s take a look at the general results. Panasonic was hit hard… Continue reading Panasonic Was Hit Hard In Q2 2020 Due To COVID-19

This Absurdly Rare 1,250 HP Electric Hypercar Was Spotted Tooling Around An LA Neighborhood Like NBD – Gizmodo Australia

As we’ve mentioned before, Los Angeles is a maddeningly good city for cars. When I lived there I routinely would spot such unicorns as Lancias and Tatras and Volgas and Jensens and Citroëns and Innocentis and at least one Dual Ghia, and on and on. But I never saw a RAESR Tachyon Speed. A reader… Continue reading This Absurdly Rare 1,250 HP Electric Hypercar Was Spotted Tooling Around An LA Neighborhood Like NBD – Gizmodo Australia