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Electric Vehicles News

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Silicon

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CATL Aims To Massively Expand EV Battery-Swap Infrastructure

  • CATL, the world’s largest maker of batteries for electric vehicles, plans to build 1,000 battery-swapping stations for EVs next year.
  • The company aims to ultimately build 30,000 swap stations in China.
  • CATL has developed two new swappable battery packs called Choco-SEB for smaller and larger cars, which can be swapped in about one minute.
  • The company is working with carmakers to roll out 10 EV models using the new battery packs in early 2025.

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Insideevs

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European EV Sales Were A Mixed Bag In November

  • The European electric vehicle market showed mixed results in November.
  • Some countries experienced significant increases in EV registrations, while others saw decreases.
  • In the EU, EV registrations went down 9.5% compared to November last year.
  • Hybrid electric vehicles were the only power source to consistently grow, with a 16.4% increase in registrations.

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E-Vehicleinfo

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Top 5 Electric Car Brands in India Offering Massive Year-end Discounts

  • Tata Motors is offering up to ₹2,00,000 discount on select EV models.
  • MG Motors is providing discounts of up to ₹75,000 on the Comet EV and up to ₹2,25,000 on the MG ZS EV.
  • Mahindra is giving a flat discount of ₹3,10,000 on the XUV400 EV.
  • Kia EV6 is available with a discount of ₹20,00,000 on the 2023 models.
  • Hyundai is offering a cash discount of ₹2,00,000 on the Hyundai Kona Electric and a discounted price of ₹46.05 lakh on the Hyundai Ioniq 5.

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Chargedevs

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Argonne leads $50-million sodium-ion EV battery innovation push

  • The US Department of Energy (DOE) has awarded $50 million to be invested over the next five years to establish the Low-cost Earth-abundant Na-ion Storage (LENS) consortium led by DOE’s Argonne National Laboratory.
  • The consortium aims to develop high-energy, long-lasting sodium-ion batteries as a more sustainable and lower-cost alternative to lithium-ion technology.
  • The goal is to diversify the supply of electric vehicle batteries and relieve supply chain concerns.
  • The consortium will focus on improving sodium-ion energy density while maintaining performance metrics like cycle life and safety.

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Chargedevs

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ConnectDER raises $35 million to scale its meter socket adapters for EV charging

  • US-based home energy technology provider ConnectDER has raised $35 million in Series D funding to accelerate its market expansion and develop its meter socket adapters for EV charging and solar power systems.
  • The funding round was led by new investors Decarbonization Partners and MassMutual Ventures, with participation from existing investors.
  • ConnectDER plans to launch its next-generation meter socket adapter, IslandDER, which integrates with utility grids and enables islanding of solar, battery storage, and EVs, providing whole-home backup and resiliency.
  • ConnectDER currently has 25,000 adapters in operation and aims to expand nationwide in the coming years.

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StartupDaily

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Veteran EV charging scaleup powers up on $72 million raise

  • Melbourne-based EV charging company Jet Charge has raised $72 million in funding.
  • Lead investor Mirova, an affiliate of Natixis, joined existing investors Clean Energy Finance Corporation (CEFC), RACV, and Kilara Capital.
  • The funding will be used to develop proprietary technologies for EV charging infrastructure and the company's Charging as a Service offering.
  • Jet Charge has a range of products including PayMate, a credit card payment system for EV charging.

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CarExpert

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2025 Tesla Model Y: ‘Juniper’ facelift spotted again as unveiling nears

  • Yet another example of the Tesla Model Y 'Juniper' facelift has been spotted near San Jose, bringing it one step closer to its official unveiling.
  • The camouflaged prototype hides most of the changes, but previous spy shots suggest new split-level LED headlights and tail lights resembling the Model 3 facelift.
  • Expectations include redesigned front and rear bumpers, restyled lighting, and new wheels.
  • Interiors are expected to feature perforated leather or leatherette upholstery, suede-look trim, and ambient lighting.

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CarExpert

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2025 Deepal S07: Australian deliveries begin, service pricing announced

  • The Deepal S07, a mid-sized electric SUV, has begun deliveries in Australia.
  • Deliveries and test drives are available at four retail locations in Melbourne.
  • Deepal Australia plans to expand its dealer network across multiple states in 2025.
  • The S07 features a capped-price servicing program and comes with a comprehensive warranty.

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CarExpert

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Porsche Boxster, Cayman EVs could be delayed due to battery issues – report

  • Production of the Porsche 718 series electric models, Cayman coupe, and Boxster convertible, may be delayed due to battery issues.
  • Porsche's plans for the upcoming '983' generation are behind schedule, with battery-related complications causing headaches.
  • The battery placement in the middle of the vehicle has led to adjustments being requested from battery-maker Valmet Automotive.
  • Delays could result in the electric 718 arriving after the current petrol-powered models are phased out, potentially in 2026 or 2027.

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Insideevs

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Here’s A First Look At Honda’s New Electric SUV

  • Honda has released a teaser of its upcoming all-electric SUV.
  • The electric crossover prototype will be unveiled next to an electric sedan prototype.
  • Both prototypes will be revealed at the Consumer Electronics Show in January 2023.
  • Honda plans to launch more electric crossovers and a compact sedan in the future.

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CarExpert

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Australian Government aims to boost EV uptake with low-interest loans

  • The Australian Government is introducing low-interest loans to boost the uptake of electric vehicles (EVs).
  • The loans will be available for workers earning less than $100,000 per year and essential workers and can be used for new and used EVs up to $55,000, as well as home EV charging equipment.
  • Interest rates on these loans will be up to five percentage points lower than standard rates, potentially saving buyers over $8000 on a $40,000 loan over seven years.
  • This incentive is aimed at overcoming the upfront cost barrier to EV ownership and driving the next wave of EV adopters in Australia.

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Digitaltrends

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Honda, Nissan in merger talks to compete with Tesla, Chinese EV rivals, reports say

  • Honda and Nissan, Japan’s second- and third-largest automakers, are holding merger talks to create a structure that would enable them to better withstand competition from Tesla and Chinese EV rivals.
  • The talks aim to set up an umbrella holding company and not necessarily merge the two companies together.
  • The partnership may also involve Mitsubishi, in which Nissan has a 24% stake.
  • The collaborative efforts between Honda and Nissan focus on technology for electric vehicles, including components and software.

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TechCrunch

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Canoo furloughs workers and idles factory as it scrapes for cash

  • EV startup Canoo has furloughed 82 employees and idled its factory in Oklahoma.
  • The company is seeking emergency funding and is in advanced discussions with various capital sources.
  • Canoo has faced multiple layoffs, office closures, and lawsuits from suppliers.
  • The company has delivered electric vans for testing but has struggled to ramp up manufacturing for commercial customers.

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Teslarati

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Tesla’s long-term focus, position land it huge new price target bump

  • Tesla's focus on sustainable energy and disruption in various sectors has resulted in a huge price target increase.
  • Vijay Rakesh of Mizuho Securities has doubled Tesla's price target to $515 and upgraded the shares to 'Outperform'.
  • Tesla's leadership in EVs, solar/battery storage, and charging infrastructure positions it well in the market.
  • Mizuho also sees potential for Tesla shares to reach $681 in a bull case scenario.

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Evannex

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ChargePoint and GM Join Forces to Supercharge EV Charging Across the U.S.

  • ChargePoint and General Motors (GM) have partnered to make electric vehicle (EV) charging faster and easier in the U.S.
  • By the end of 2025, they plan to roll out hundreds of ultra-fast charging stations at key locations nationwide.
  • ChargePoint's technology supports both CCS and NACS charging ports, making charging more accessible without the need for adapters.
  • The collaboration aims to break down barriers to EV adoption and provide drivers with better charging options.

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