Electric vehicle

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China’s EV brands cross 15% in Europe, with Britain leading the charge

BYD and Chery led a doubling of Chinese EV deliveries in April, even as Brussels keeps its tariff wall up and Stellantis quietly hands the keys to underused European plants. Chinese brands accounted for more than 15 per cent of Europe’s electric-vehicle sales in April, the first time the threshold has been crossed in a […]

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Tesla’s Full Self-Driving software just landed in its second European country, with more in the queue

Tesla’s Full Self-Driving software is no longer a single-country experiment in Europe. Lithuania became the second EU member state to approve FSD (Supervised) on Tuesday, just weeks after the Netherlands became the first. Greece and Belgium are expected to follow shortly. The Lithuanian transport safety administration adopted the Dutch RDW’s prior certification rather than running […]

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Europe’s EV sales are surging as the Iran war sends petrol prices through the roof

War has a way of rewriting consumer habits overnight. Since US and Israeli airstrikes hit Iran at the end of February, crude oil has soared past $100 a barrel for the first time since Russia’s 2022 invasion of Ukraine. The result at Europe’s petrol pumps has been immediate and painful. The result at EV dealerships […]

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XPeng starts its robotaxi line in Guangzhou, three years behind the leaders and ahead of any other Chinese automaker

The first car off the line on Monday marks the start of a slow ramp. Public pilots arrive in the second half, fully driverless by early 2027. XPeng said on Monday that the first robotaxi had rolled off its production line in Guangzhou, making the Chinese carmaker, in its own framing, the first automaker in […]

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XPeng starts its robotaxi line in Guangzhou, three years behind the leaders and ahead of any other Chinese automaker Read More »

Chinese EVs are arriving in Canada. Nearly 400 dealers are already fighting to sell them.

Michael MacGillivray, the CEO of Century Auto Group and Sigma Auto Group, oversees 10 dealerships across Nova Scotia and New Brunswick. In April, he flew to the Beijing Auto Show to shake hands with Chinese automakers and drive their cars. He came back impressed. “They have materials that are second to none,” he told CNBC. […]

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Chinese EVs are arriving in Canada. Nearly 400 dealers are already fighting to sell them. Read More »

Faraday Future raised $25 million for its robotics pivot. The fine print tells a different story.

Faraday Future announced on Thursday that it has raised $25 million through convertible promissory notes, bringing its total financing over the past two months to $70 million. The company says the capital is sufficient to fund Phase 1 of its robotics business plan through the end of 2026. The stock, which trades on Nasdaq under […]

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Faraday Future raised $25 million for its robotics pivot. The fine print tells a different story. Read More »

Chinese parts already power American cars, and that’s exactly why Congress is panicking

  Somewhere in the wiring of the car you drove this morning, there is almost certainly a Chinese component. An airbag inflator. A windshield. A steering column bearing. According to global consulting firm AlixPartners, more than 60 US-based auto suppliers are now owned by Chinese companies, making everything from axles to electronic control units for […]

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Bolt is betting that South Africa’s next ride will be a Chinese electric car

  Bolt Technology, the Estonian ride-hailing company that has spent roughly $180 million building a dominant position in South Africa, has struck a deal with China’s Dongfeng Motor Group to roll out an electric-vehicle fleet in the country. The partnership will start in Cape Town, with Dongfeng’s Box hatchback and its more premium 007 sedan […]

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Polestar says ‘pump anxiety’ has replaced range anxiety. Its balance sheet tells a more complicated story.

  For years, the electric vehicle industry’s biggest problem had a name: range anxiety. Now, according to the chief executive of Polestar, the anxiety has moved to the other side of the forecourt. “People are concerned, ‘how much do I pay at the gas station?’” Michael Lohscheller told CNBC’s Squawk Box Europe on Wednesday, coining […]

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Polestar says ‘pump anxiety’ has replaced range anxiety. Its balance sheet tells a more complicated story. Read More »

Europe’s cumulative EV investment passes €200bn

New AutoMotive’s data tracker, reported by Reuters on Sunday, marks the threshold and puts the question to industrial policy: how much of the headline number will end up producing cells at scale, given that roughly 600 GWh of announced European battery capacity has already been delayed or cancelled. Europe has now invested cumulatively €200bn into […]

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