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The joint sourcing program will reduce platform costs by sharing the combined scale of the two companies and leveraging Volkswagen’s supply chain, Xpeng said. (Image credit: Volkswagen) Xpeng (NYSE: XPEV) and Volkswagen Group have signed a new agreement aimed at accelerating the development of collaborative models and reducing costs through joint sourcing to remain competitive in the highly contested Chinese market. Xpeng and Volkswagen have signed a joint sourcing program for common components for vehicles and platform used by both companies, according to a statement from the Chinese EV maker today. By sharing the combined scale of the two companies,…
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…
If you needed any more proof that many of China’s electric cars run circles around what we get here in the West, well, here you go. A new video out on Chinese social media, first spotted by CarNewsChina, showcases the absurdly quick charging speeds of the upcoming Li Auto Mega minivan. The futuristic, Dustbuster-shaped three-row vehicle is set to go on sale in China on March 1. It’ll start at the equivalent of around $83,000, the EV startup says. Get Fully Charged This Chinese minivan can Get Fully Charged very quickly Li Auto has become one of the best-selling premium EV…
It’s astonishing how a humble Thai energy drink from the 1970s, originally intended as refreshment for laborers, has metamorphosed into a rambunctious Austrian empire by the name of Red Bull. Among its numerous subsidiaries, Red Bull Motorsports is arguably the most buoyant. This division not only owns and sponsors several motorsport and adventure sports teams but also takes up off-beat passion projects, like building the world’s fastest first-person view (FPV) drone. Red Bull recently released a video of a drone keeping up with Max Verstappen’s 2024 F1 challenger around Silverstone. The footage captured by the drone’s camera is mesmerizing, unlike…
Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News! What do we do with a big old plot of land that’s been bombed to smithereens with nuclear bombs? Build a school there? Plop a new luxury home development with a fancy pool and spa on it? Probably not. In fact, it’s quite hard to figure out what to do with a plot of land contaminated by nuclear bombs. However, as the title implies, solar power can save the day again. The US Department of Energy (DOE) and National Nuclear Security Administration (NNSA) want…
Plug-in hybrid vehicles (PHEVs) sometimes have a bad reputation amongst electric vehicle advocates and traditional internal combustion car buyers. For the EV buyer, these cars have overcomplicated the electric experience, adding an oft unused heavy and polluting gas engine that theoretically hurts efficiency. For ICE drivers, it’s not always clear why anyone should pay more money for a car that has such a limited electric range and a perceived marginal effect on fuel economy. But now, Consumer Reports insists otherwise. The stalwart product testing publication tested 13 PHEV models to understand the costs and performance of each model. And CR’s findings…
Tesla CEO Elon Musk gave some conflicting signals about the upcoming product on Tuesday night. “Tonight, we radically increased the design goals for the new Tesla Roadster,” the CEO said, via a post on X. Musk then clarified that the production design is complete and the product is due to be unveiled at the end of 2024, with aims to ship it in 2025. Tonight, we radically increased the design goals for the new Tesla Roadster. There will never be another car like this, if you could even call it a car. — Elon Musk (@elonmusk) February 28, 2024 In…
The 2024 Volkswagen ID.4 gets a price increase for the new model year, but also a number of upgrades. Prices start at $41,160 (including a mandatory $1,425 destination charge) for models equipped with the smaller 62-kwh battery pack. That’s a $2,370 increase versus when the 62-kwh pack was introduced in the ID.4 Standard grade, at the start of the 2023 model year. The smaller pack is available in Standard and S models, while the larger 82-kwh pack is available in Pro, Pro S, and Pro S Plus grades, with pricing starts at $46,300, including destination. As before, the smaller pack is…
The 2024 Fiat 500e returns to the U.S. in March to relaunch the brand, and this time Fiat is all about EVs—and keeping the 500 lineup as a two-door icon. As Fiat has already said in various ways over the past couple years, the U.S.-bound 500e will stand on its own. It won’t be a loss-leader for the brand, or $49-a-month EV lease deal like its predecessor. But when the Fiat 500e arrives, it will be the lightest U.S.-market electric passenger vehicle, the cheapest new EV in Canada, and one of the lowest-priced EVs for the U.S.—as well as one…
Svolt Energy expects its Thailand plant to supply more than 20,000 battery packs to local customers this year. (Image credit: Svolt Energy) Svolt Energy’s battery plant in Thailand went into mass production today, the battery maker, which was spun off from Great Wall Motor (HKG: 2333), announced in a release. Bulk deliveries of products from the plant have begun, and will soon be installed in a number of new energy vehicle (NEV) models in Thailand under Great Wall Motor’s Ora, Tank, and Haval brands, as well as Hozon New Energy Automobile’s models, it said. Hozon is the parent company of…