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CATL is in talks with potential advisers and a listing in Hong Kong could take place as early as the first half of 2025, according to Bloomberg. (Image credit: CnEVPost) Contemporary Amperex Technology Co Ltd (CATL, SHE: 300750) is considering a second listing in Hong Kong that could raise at least $5 billion, making it the biggest listing in the city since early 2021, Bloomberg said in a report today, citing people familiar with the matter. CATL, the world’s largest maker of electric vehicle (EV) batteries, was listed on the Shenzhen Stock Exchange on June 11, 2018, and has a…
Honda announced it will be back at CES this year, unveiling the next phase of its new 0 Series line of EVs. At this year’s event in Las Vegas, Honda intends to unveil two prototype EVs based on the concepts that debuted a year prior. This will be our next look at Honda’s 0 Series progress as it looks to bring these two initial models to market in 2026. While Honda is a household name in automotive and other motor-powered vehicles, its presence in the EV space has been limited but growing. The company currently sells the Prologue EV, built…
Honda released a teaser of its upcoming all-electric SUV. It’s part of the automaker’s Honda 0 Series lineup. The electric crossover prototype will be unveiled next to an electric sedan prototype that is near-production-ready. Honda has big plans for its electric vehicle future. After collaborating with General Motors to produce the Prologue crossover–which is doing rather well, sales-wise–the Japanese automaker will do everything on its own for the next chapter. You might have read something about the Honda 0 Series lineup, which was first previewed last year by the Saloon and Space-Hub EV concept. The Saloon was a wedge-shaped EV…
Honda will unveil prototypes of its 0 Series electric vehicles at CES in Las Vegas on Jan. 7, 2025. The pair of prototypes follow initial concept versions unveiled at CES 2024 this past January, and preview production models due in 2026. A teaser image shows one vehicle that appears to retain the general shape of the Honda Saloon concept shown at CES 2024, while the other trades the van-like form of the previous Space-Hub concept for something more SUV-like. Honda previously confirmed that a production model based on the Saloon concept would be the first to arrive, but it will…
The combined investment in the two battery plants is 2.514 billion euros ($2.6 billion), both with an annual capacity of 20 GWh. (Image credit: Gotion) Gotion High-tech (SHE: 002074) has unveiled plans to build battery factories in Slovakia and Morocco as it looks to expand its international presence. The Volkswagen-backed Chinese battery giant announced yesterday that it plans to build a battery production site in Slovakia and one in Morocco for a total of around 2.514 billion euros ($2.6 billion). The total investment in the Slovakian project is not to exceed 1.234 billion euros, with an annual capacity of 20…
Xiaomi EV is assembling a team for selling cars overseas and will sell small batches of cars in several regions in recent years to test market response, according to local media. (A Xiaomi SU7 on display at a CATL showroom in Chengdu, Sichuan province in August 2024. Image credit: CnEVPost) Xiaomi EV, the car-making unit of Xiaomi (HKG: 1810, OTCMKTS: XIACY), has reportedly put selling cars overseas on its agenda, as competition at home gets fiercer. Xiaomi EV is making preparations to launch businesses in overseas markets, and it will start car sales operations in several regions, local media outlet…
DartSolar wants to sell you an expandable solar array for your EV. The Los Angeles-based startup claims the six-panel setup can add up to 20 miles of range per day. That’s just from sitting outside in the sun. The name “Aptera” might ring a bell if you’ve been following the electric vehicle space for the past couple of years. The California-based startup has been working on a commercial solar EV or SEV for some time now. Its three-wheeled car is covered with solar panels that could, in theory, replenish the battery to offer up to 30 miles of driving range…
BMW M on Wednesday released images of a prototype of what is probably its upcoming electric M3 sports sedan. Posted to the performance division’s official Instagram page, the photos show a camouflaged sedan with the same exaggerated wheel arches as the prototype BMW M has been using to test a four-motor layout for future performance EVs. It would make sense for a quad-motor powertrain to debut in a car wearing the M3 badge, one of the most hallowed in BMW lore. Prototype for electric BMW M3 based on Neue Klasse platform The electric BMW M3 was confirmed by M division…
Photo: City of San Antonio San Antonio’s grid is about to get substantial backup with a 120-megawatt (MW), 480-megawatt-hour (MWh) battery storage project. CPS Energy, the US’s largest municipally owned electric and natural gas utility, and San Antonio-based solar and battery storage developer OCI Energy are bringing the big battery storage system to southeastern Bexar County, Texas. OCI Energy will develop, finance, construct, own, and operate the project, named Alamo City ESS LLC, and CPS Energy will have operational control of the project to serve electrical demand in the San Antonio region.The battery is designed to provide power at full…
EVs’ share of the U.S. light-duty vehicle market dropped from 7.4% in Q2 to 7% in Q3. Combined sales of electrified vehicles increased, thanks to strong sales of non-plug-in hybrids. EV sales year over year are still up compared to 2023. Although Americans bought more new electric vehicles in the third quarter of 2024 than in the previous quarter, EVs had a lower share of the light-duty vehicle (LDV) market in Q3. Their share dropped from 7.4% in Q2 to 7% in Q3. Still, sales and market share are both up over Q3 2023. The overall share of electrified vehicles…