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Lucid on Tuesday announced a number of changes to the 2024 Lucid Air lineup, which now starts at $78,900 with destination. That base price is $5,000 lower than before, but that’s because all-wheel drive is no longer standard on the base Air Pure model. The Pure launched with all-wheel drive, but a rear-wheel drive version that launched in October is now the base model. The single-motor version makes 430 hp and retains the previous 88-kwh battery pack, affording an EPA-rated 419-mile range that outdoes anything in the Tesla Model S lineup (and is slightly higher than what Lucid previously announced).…
Toyota this week unveiled the Urban SUV Concept, previewing a small electric SUV for the European market. But such a vehicle could also makes sense in the U.S. The concept measures 169.2 inches long, 71.6 inches wide, and 63.7 inches tall, making it a few inches shorter than a Toyota Corolla Cross. The eventual production version is aimed at the B-SUV segment in Europe, where Toyota’s current entry is the Yaris Cross hybrid, the automaker said in a press release. Toyota Urban SUV Concept Production is scheduled to start in 2024, with front-wheel drive and all-wheel drive, as well as…
Toyota this week unveiled the Urban SUV Concept, previewing a small electric SUV for the European market. But such a vehicle could also makes sense in the U.S. The concept measures 169.2 inches long, 71.6 inches wide, and 63.7 inches tall, making it a few inches shorter than a Toyota Corolla Cross. The eventual production version is aimed at the B-SUV segment in Europe, where Toyota’s current entry is the Yaris Cross hybrid, the automaker said in a press release. Toyota Urban SUV Concept Production is scheduled to start in 2024, with front-wheel drive and all-wheel drive, as well as…
Tesla plans to restart the third phase of Shanghai plant project, possibly focusing on the production of the $25,000 model, according to local media. (Image credit: CnEVPost) Tesla (NASDAQ: TSLA) plans to restart the third phase of its Shanghai plant project, possibly focusing on the production of the $25,000 model it will launch in the future, according to a report in local media outlet LatePost today. Tesla began preparations for the construction of the Giga Shanghai phase three vehicle factory in 2021 and assembled a team, but suspended the move in the middle of last year, the report said, citing…
NIO new ES6 (Source: NIO) For years, Chinese EV maker Nio has essentially done it all, delving into high-end EV manufacturing, in-house batteries, autonomous driving, and chips, as well as innovative battery-swapping tech and even making smartphones, all while pulling in huge investments and talent to make that happen. Now, according to a new report, it’s looking to lighten the load. As reported by Reuters, Nio now plans to spin off its battery unit in hopes of turning a profit, cutting costs, and improving efficiency – and offloading some of its ambitions to pursue end-to-end strategies in EV tech. The…
China’s passenger NEV penetration at retail stood at 38 percent in November, up from 37.8 percent in October. China’s passenger new energy vehicles (NEVs) sold 783,000 units at retail in November, up 30 percent year-on-year and up 2 percent from October, preliminary data released today by the China Passenger Car Association (CPCA) showed. That would be a record high, but lower than the 820,000 units or so that the CPCA had forecast in its November 24 report. Between January and November, China’s passenger NEV retail sales were 6.736 million units, up 34 percent from a year earlier, according to the…
The model would be a low-volume car, but may serve as a halo vehicle to generate excitement around the brand, Deutsche Bank said. (The Nio Eve concept on display at the April 2021 Shanghai auto show. Image credit: CnEVPost) Nio (NYSE: NIO) management mentioned in yesterday’s earnings call that the company will unveil an all-new flagship model on Nio Day 2023 later this month. In the view of analysts at Deutsche Bank, the model will likely be an ultra high-end sedan to compete with the Mercedes Maybach. “Then at the end of Dec, the company will unveil its new flagship…
CATL’s share continues to rank first in the world and remains the only global battery supplier with a market share of more than 30 percent. From January to October, total global electric vehicle (EV) battery consumption was 552.2 GWh, up 44.0 percent from 383.4 GWh in the same period last year, according to data released on December 6 by South Korean market research firm SNE Research. CATL’s battery installations from January to October amounted to 203.8 GWh, up 51.1 percent from 134.9 GWh in the same period last year. The Chinese power battery giant continued to rank first in the…
The spin-off could take place as early as the end of this year, after which the battery unit will seek external investors, according to Reuters. (Image credit: CnEVPost) Nio (NYSE: NIO) plans to spin off its battery manufacturing unit as part of the efforts by the company to turn profitable, reduce costs and improve efficiency, Reuters said in a report today, citing two people familiar with the matter. The spin-off could take place as early as the end of this year, after which the battery unit will seek outside investors and a valuation will be decided at a later date,…
Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News! Three weeks ago, the International Council on Clean Transportation (ICCT) published a total cost of ownership report (TCO) for freight trucking decarbonization alternatives. It was immediately obvious to anyone involved in the space that something was deeply wrong. There are three extraordinary claims in the study. The first claim is that manufacturing hydrogen at a refueling station from electricity and water would be cost competitive with diesel in 2030. The second claim is that the energy costs per kilometer will be only 50% more…