The Chinese electric vehicle (EV) market, the world’s largest, is experiencing a slowdown and a fierce price war among domestic manufacturers. Profits Plummet for EV Leaders BYD, China’s top EV producer in 2023, reported a significant drop in Q1 2024 profits compared to the previous quarter. Their net profit fell by 47%, despite a 13.4% … Read more
Israeli company StoreDot has proven its ultra-fast charging battery technology in a real-world application for the first time. The company’s batteries were used in the new Pulstar 5 electric car, achieving a staggering 10-minute charge time from 10% to 80% capacity. StoreDot’s “XFC” technology utilizes silicon-dominant cells, boasting exceptional cooling properties and high energy density. … Read more
New Zealand’s electric vehicle (EV) market is heating up with the arrival of the revamped MG ZS EV. This affordable option for eco-conscious drivers faces a formidable challenge from the recently launched BYD Atto 3. Atto 3 Edges Out ZS EV in Most Aspects Both MG ZS EV and BYD Atto 3 represent China’s growing … Read more
San Diego, CA – In a landmark moment for environmental progress, San Diego Gas & Electric (SDG&E) and Bali Express, a San Diego-based freight company, collaborated to achieve the first-ever cross-border journey of a Class 8 heavy-duty electric semi-truck. This historic event marks a significant step towards a cleaner future for both the United States … Read more
Beijing, China – Toyota has taken the wraps off two new electric vehicles, the bZ3C and bZ3X, at the Beijing Auto Show. These are not concept cars, but production models intended for the Chinese market, a key battleground in the electric vehicle (EV) industry. Developed with BYD The bZ3C and bZ3X are the result of … Read more
The Beijing Auto Show is a battleground for electric vehicle supremacy. Here’s a breakdown of the key players: Volkswagen Aims to Reclaim China Throne The Volkswagen Group roared back at the Beijing Auto Show, showcasing 44 cars, half of them electric. This aggressive display targets regaining the top spot in China’s market, lost to domestic … Read more