#electric-vehicles

#electric-vehicles

In China's cut-throat domestic market, nearly every big carmaker is investing heavily in the software and computing power needed to make hands-free driving a reality as they compete to offer additional perks and find new ways to generate revenue.

Shares of Lucid Group are down roughly 10% in midday trading Thursday, slipping to $6.22 from a prior close of $6.91, putting the struggling EV maker's market capitalization at roughly $2.31 billion.

"Interest has been above our planned order intake, higher than planned, so at least we know we have the customers; the challenge is now on delivering, not selling," Samuelsson said.

In the first quarter, no fewer than 723,704 new EVs were registered in the European Union, the United Kingdom, and the countries of the European Free Trade Association, marking a healthy 26.2% increase year over year.

Younger buyers in China, who once viewed German brands as top-tier, now see them as 'brands for the parents,' indicating a significant shift in consumer perception.

The third-generation Shenxing battery can be charged from 10% to nearly full in less than 7 minutes, showcasing ultra-fast charging capabilities that surpass competitors.

The introduction of 12 Yutong T12E coaches marks a significant step in Blaguss's electrification efforts, contributing to the company's broader sustainability goals and energy efficiency initiatives.

Renault and Geely's Horse Powertrain has revealed an all-in-one solution that can transform EVs into hybrids, plug-in hybrids, or extended-range EVs with minimal investments and changes to a car's architecture.

The Society of Motor Manufacturers and Traders is calling for UK-built vehicles, components and batteries to be granted equivalent status to EU-made products under the proposed 'Made in Europe' framework, arguing that the current draft risks undermining a deeply integrated cross-border industry.

The event features approximately 40 vehicles alongside a conference program addressing topics such as autonomous driving, on-demand transport and operational concepts, including a Sustainable Bus session on intercity bus electrification.

"First of all, the Chinese have huge direct support for their auto companies. They have enough capacity in China to cover all the manufacturing, all the vehicle sales in the United States."

The Volvo FH Aero Electric with Extended Range is powered by a newly designed electric rear axle that integrates two electric motors, all the necessary power electronics, a six-speed transmission, and a 13-tonne traditional axle.