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On October 20, a local media outlet reported that orders for the Yangwang U8, which was officially launched on September 20, exceeded 30,000 units. (Image credit: CnEVPost) The first production cars of the Yangwang U8 have rolled off the production line and deliveries will begin soon, the BYD (OTCMKTS: BYDDY) premium brand announced today. That appears to be slightly later than the model’s originally planned start of deliveries, with Yangwang saying in a Weibo post that it appreciates all of its customers’ wait and support. Yangwang officially launched the U8 in China on September 20, with a starting price of…
Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News! A few months ago, I was in a drive-thru line waiting for my chance to partake in the chicken goodness at Raising Cane’s. Normally, drive-thru lines remind me of a big advantage of EVs: electric motors don’t idle. With a gas-powered car, you’d sit in that line burning gas and getting zero MPG or turn the engine off and roast in the heat. But, just as that thought started to go through my mind, something distracted me. I noticed that the “don’t drive here…
Excluding exports, China’s NEV sales in October were a record 832,000 units, up 2.9 percent from September. China’s new energy vehicle (NEV) sales reached a new record last month, moving one step closer to 1 million units, according to the China Association of Automobile Manufacturers (CAAM). China sold 956,000 NEVs in October, surpassing September’s previous record of 904,000 to reach a new high, according to data released today by the CAAM. This represents an increase of about 34 percent over the 714,000 units sold in the same period last year, and an increase of 5.75 percent over September. The CAAM’s…
Zeekr lost RMB 3.87 billion in the first half of this year, up 25.24 percent year-on-year. Its gross margin in the first half of the year was 10.5 percent, up from 9.7 percent in the same period last year. (Image credit: CnEVPost) Zeekr Intelligent Technology Holding Limited has formally filed to go public in New York, set to become the fourth new Chinese carmaker to list in the US after Nio (NYSE: NIO), Xpeng (NYSE: XPEV) and Li Auto (NASDAQ: LI). The premium electric vehicle (EV) subsidiary of Geely Holding Group plans to go public on the New York Stock…
Listen to a recap of the top stories of the day from Electrek. Quick Charge is available now on Apple Podcasts, Spotify, TuneIn and our RSS feed for Overcast and other podcast players. New episodes of Quick Charge are recorded Monday through Thursday and again on Saturday. Subscribe to our podcast in Apple Podcast or your favorite podcast player to guarantee new episodes are delivered as soon as they’re available. Stories we discuss in this episode (with links): https://youtu.be/h26UaAAWrRk Subscribe to the Electrek Daily Channel on Youtube so you never miss a day of news Follow Mikey: Twitter @Mikey_Electric Listen & Subscribe: Share your thoughts! Drop…
Huawei, Chery’s joint EV brand Luxeed unveils 1st model, goes on pre-sale with $35,420 starting price
The Luxeed S7, the first sedan jointly created by Huawei and a carmaker, will be officially launched on November 28. (Image credit: Luxeed) Luxeed, the electric vehicle (EV) brand jointly created by Huawei and Chery, has made the first model, the Luxeed S7, officially unveiled and available for pre-sale, with the official launch set for the end of this month. Richard Yu, chairman of Huawei’s intelligent vehicle solutions business unit, unveiled the Luxeed S7 at an event on November 9, and it’s the first sedan the Chinese tech giant has built with a car company. The Luxeed S7 is an…
Nio is considering “any kind of partnerships” in North America, the company’s US CEO Ganesh Iyer said. (Image credit: CnEVPost) Nio (NYSE: NIO) is still “debating” entering the North American market in 2025, Reuters said in a November 9 report, citing an executive at the Chinese electric vehicle (EV) maker. Speaking at the Reuters Events Automotive USA 2023 conference, Nio US CEO Ganesh Iyer said the company is considering “any kind of partnerships” in North America. Nio also needs to build infrastructure before bringing EVs to North America, Iyer said. Nio sees an “immersive user experience” as a differentiating factor…
Teslas have both the highest and lowest 5-year depreciation among EVs with the Model S claiming the highest and Model 3 the lowest. According to an iSeeCars study, electric vehicles are the worst in terms of holding value, while hybrids and pickup trucks are the best at retaining value over a 5-year period. iSeeCars stated: Electric vehicles are the worst segment at holding their value, losing 49.1 percent in five years. Trucks and hybrids retain the most value, losing only 35 and 37 percent, respectively. On the plus side for EVs is that, back in 2019, electric vehicles lost an…
Polestar didn’t come to play. Sure, the electric performance brand just had to adjust investor expectations amid uneven global EV demand. But if its inaugural Polestar Day event is any indication, the nascent company has some very big plans that go well beyond the cars it’s making now – and well beyond cars altogether, in fact. While a lot of EV manufacturers seem to be facing tough headwinds lately – some worse than others, certainly – the electric Volvo cousin has still had a lot of victories to celebrate. Deliveries are up, revenue is up, costs are down and the…
If you happen to own a Lucid Air, you’ll soon be able to charge other EVs with your car’s stored battery power. This is all thanks to the introduction of Lucid’s new vehicle-to-vehicle (V2V) feature with a catchy name: “RangeXchange.” After receiving the latest over-the-air update, all existing Lucid vehicles will be able to use the car’s bi-directional onboard charger and the new RangeXchange adapter to charge other vehicles – even those built by other automakers – at speeds of up to 9.6 kW. This means transferring power capable of driving other EVs between 24 and 40 miles in just…