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Li Auto reported gross margin of 22.0 percent in the third quarter, higher than 12.7 percent in the same period last year and 21.8 percent in the second quarter. https://img.cnevpost.com/2023/11/09173854/2023110909385464.mp3 Li Auto (NASDAQ: LI) reported strong third-quarter earnings, as it saw record quarterly deliveries. The company generated record revenue of RMB 34.68 billion ($4.75 billion) in the third quarter, beating market expectations of RMB 33.641 billion, according to its unaudited earnings report released today. This represents a year-on-year increase of 271.2 percent and a 21.0 percent increase from the second quarter, exceeding the upper end of the previous guidance range…
Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News! It appears that electrifying everything with renewable energy isn’t as simple as it sounds. As Australia moves towards a 100% renewable grid (it was 70% across the eastern states at midday yesterday as I write this), there have been many hiccups along the way. I have read and written about issues to do with financing, installing, and connecting both small generating devices (like rooftop solar on apartment buildings) and large solar farms in the rhombus of regret in Victoria. Renewable energy, simples? It can…
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): 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 us…
The price of the Model 3 Long Range has been raised by RMB 1,500 in China, while the Model Y Long Range has gone up by RMB 2,500. https://img.cnevpost.com/2023/11/09083732/2023110900373165.mp3 (Image credit: CnEVPost) Tesla (NASDAQ: TSLA) has made small price hikes to the long range versions of the Model 3 and Model Y in China, after a multi-day warming up. Effective immediately, the price of the Model 3 Long Range has increased by RMB 1,500 ($206) in China, and the Model Y Long Range has increased by RMB 2,500, the US electric vehicle (EV) maker announced today on Weibo. The Model…
China’s dominance of the supply chain for battery materials is undisputed at the moment, but other countries are making efforts to break free from it. That’s one of the main goals of the Inflation Reduction Act introduced in the United States last year, and it looks like South Korea is also working actively in this direction, including when it comes to lithium iron phosphate (LFP) batteries. Case in point: Hyundai Motor Group is expected to complete the development of its LFP tech late next year, according to local media reports via The Korea Herald. That could mean cheaper, easier-to-scale EVs from…
Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News! A couple of months ago, I wrote a review of the Bluetti EP500 Pro energy storage system. As a Floridian, it hit me after a particularly bad hurricane in 2022 that I should have a backup power source for when the next bad hurricane hits and we lose electricity for an extended period of time again. Bluetti was kind enough to send over the EP500 Pro (a $3,999 retail value) for extended review. Bluetti also sent over the complementary solar panels later on. Here’s…
More than 9.4 million plug-in electric cars were sold during the first nine months of 2023, accounting for about 16 percent of the total car sales globally. Today, we will take a look at the largest manufacturers (automotive groups) of rechargeable cars. According to EV-Volumes data, shared by researcher Jose Pontes, five OEMs continued to be responsible for more than half of all plug-in car sales. See September and year-to-date sales results here. First, we will check out the volume and share of the top OEMs in the overall plug-in market first and then in the battery-electric segment. In the…
Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News! The U.S. Geological Survey (USGS) and the U.S. Department of Energy’s (DOE) Lawrence Berkeley National Laboratory (LBNL) released the largest and most comprehensive database to date on large-scale solar energy projects in the United States. The U.S. Large-Scale Solar Photovoltaic Database (USPVDB) includes the location, size, and other characteristics of large-scale solar projects. This new public resource will enable researchers to observe trends in large-scale solar development as well as inform siting and planning for future deployment, contributing to the Biden-Harris Administration goals to…
With more and more electric bicycles hitting the roads, safety is becoming more of a concern, both for e-bike riders and other road users alike. While e-bike tech is generally heading towards a safer direction, third party manufacturers are continuing to push the envelope, coming up with technology that elevates e-bike safety even further. A good example of this comes from Alps Alpine in the form of the Ride Safety System RS 1000. The device is meant to keep riders informed of potential road hazards as they ride, and makes use of AI-powered detection systems for instant alerts about hazards…
Rivian’s fast-charging network won’t be free anymore to owners. Polestar is looking at some very large-format battery cells for its flagship EV. And might the next Chevy Bolt EV be made in Kansas? This and more, here at Green Car Reports. The next-generation Chevrolet Bolt EV might be made in the U.S.—at GM’s Fairfax Assembly plant in Kansas, according to a report from Automotive News. GM has already said that the Bolt EV will be the first U.S. Ultium EV to use LFP cells—not the lithium-ion cells it’s setting up joint-venture plants to build—so it could be a good EV…