The first batch of MG4 Electric cars was shipped from China to Europe and arrived at the port of Zeebrugge, Belgium, last Friday. MG aims to launch over 1,000 units of the electric compact model simultaneously in nearly 20 European countries and China on 13 September.
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Lightyear has raised €81Mn in funding to secure the production of the first series model, Lightyear 0. The Dutch start-up also hopes to push ahead with developing its second solar car, the Lightyear 2. The new EV will target the mass market at a price of €30,000 once production begins in 2024 or 2025.
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British sports carmaker Ariel Motors presents a fully operational prototype of the Hipercar headed for limited series production. Described as an ultra-high-performance electric sports car, the Hipercar features electric motors in each wheel with options to configure.
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Aachen-based vehicle tuner AC Schnitzer has set its sights on the all-electric BMW i4. The Schnitzer tuning set for the i4 focuses on suspension and design.
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Despite increasing production capacities, the waiting time for BYD customers has not shortened due to the continuously rising order backlog. Currently, the Chinese manufacturer is said to have an unfilled order backlog of 700,000 vehicles.
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Norway’s car registration numbers from August show a total of 9,247 new electric passenger cars registered, accounting for 74.8 per cent of all new passenger car registrations for the month. In terms of models, the VW ID.4 topped the rankings in August with 1,483 new registrations.
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Polestar presents its financial results for the first six months of 2022. Volvo-born electric car brand reports nearly doubling its revenue, mainly driven by sales of the Polestar 2, the company’s first purely electric vehicle. Other segments, however, required investment.
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Porsche is readying a second generation of the triumphant Taycan EV in 2027, then pairing it with an all-electric Panamera. Volkswagen’s premium brand is executing its new “electrified luxury” plan, which will see six EVs by the end of this decade.
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As of today, Oliver Blume acts as CEO of both Porsche and the Volkswagen Group. He succeeds Herbert Diess as announced and sets the course right from the start. German media has learnt that Blume will reduce the Board of Management to take decisions more quickly.
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BMW has started its own production of fuel cells for the iX5 Hydrogen at the Hydrogen Competence Center in Munich. The reason for this is the small series of the iX5 Hydrogen, which is to be used worldwide for testing and demonstration purposes from the end of this year.
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Automotive supplier Mahle is receiving a loan of 300 million euros from the European Investment Bank (EIB) for the development of new technologies related to zero- and low-emission technologies such as battery electric vehicles, plug-in hybrids and hydrogen fuel cell vehicles.
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Skoda is accelerating and expanding its electric car plans. The Czech VW brand will launch three new purely electric models by 2026 brought forward from 2030. The new models will be a compact car, a compact SUV and a seven-seater SUV.
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Glasgow-based electric heavy-duty 4WD vehicle manufacturer Munro Vehicles has struck a deal with Wyre, a US electric vehicle sales and leasing specialist. The agreement secures exclusive rights for the sale, leasing and distribution of the Scottish-built EV in the US and Canada.
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The Chinese electric vehicle and battery manufacturer BYD was able to achieve a net profit of almost 2.8 billion yuan (around 400 million US dollars) in the second quarter of 2022. This represents an increase of 198 per cent compared to the same period last year and an increase of 245 per cent compared to […]
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In the USA, Mercedes-Benz has announced several new EQ models for the model year 2023. With the addition of the new models, the German carmaker says it is following on from the EQS Sedan with even more all-electric options for US customers.
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FAW-Toyota, a joint venture between Chinese manufacturer FAW and Japanese carmaker Toyota, plans to launch an all-electric sedan called bZ3 in China. The motors and the battery are to be supplied by BYD.
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Lawrence Hamilton will become the new European head of Hyundai’s Genesis brand on 1 September. Hamilton takes over from Dominique Boesch, who is leaving the company to pursue new challenges.
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Xiaomi appears in talks with BAIC to collaborate on producing electric vehicles and is exploring options to take a stake in a Hyundai plant, according to media reports. The technology company aims to make electric cars by 2024 but has hit regulatory hurdles.
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Kia has given some insights into the final test programme of the EV9 and announced its world premiere for the first quarter of 2023. Test drives with camouflaged prototypes are currently still taking place in South Korea.
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Audi will compete in Formula 1 from 2026. As the manufacturer has now officially announced, its own hybrid drive unit is being developed for this purpose at Audi Sport’s Motorsport Competence Centre in Neuburg an der Donau. Around half of the power is to come from the electric motor.
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Tesla has added a new basic version with rear-wheel drive to the configurator for the Model Y in Europe. In Germany, the new model variant costs 53,990 euros. It is unclear whether the new variant will come from Grünheide – Tesla has recently been able to significantly increase production there.
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Mercedes-Benz has given the go-ahead for the production of the EQS SUV. The SUV offshoot of the all-electric EQS is now being produced at the US plant in Tuscaloosa for the global markets. The German company had already started sales a few weeks ago.
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Hongqi is the next Chinese car brand to enter the European market with electric cars. The FAW Group subsidiary brand has been present in Norway since January 2022 and has now entered into a cooperation with Stern Premium Car in the Netherlands to import and distribute its vehicles.
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Mercedes-Benz has started selling the EQE in China. Three rear-wheel drive variants are on offer, one of which offers a maximum CLTC range of 752 kilometres and the other two versions a range of 717 kilometres.
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Kia just debuted the EV6 GT at a motorsport event in the States, saying this most potent offspring of the EV6 family will hit the US market this winter. Pricing has yet to be revealed, but the spec sheet (and our testing) remains promising.
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Nissan will start the upcoming Formula E season with a new driver duo. The current drivers Maximilian Günther and Sebastien Buemi will be replaced by Norman Nato and Sacha Fenestraz.
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The Chinese electric car manufacturer Xpeng has just presented its financial data for the second quarter of 2022. Compared to the same period last year, sales and revenue almost doubled while losses also increased.
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The new EU project REEsilience focuses on the supply chain for rare-earth-based magnetic materials in Europe. These magnets are crucial in building wind turbines, sensors, and especially electric vehicles.
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Yet another Chinese car manufacturer has now announced that it will stop selling pure combustion vehicles. Great Wall Motor’s Haval brand will focus exclusively on the sale of New Energy Vehicles (NEV) from 2030.
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BYD recently announced its market entry with passenger car models in a number of European countries. German media has now leaked exactly which models the Chinese manufacturer plans to offer in Europe. According to the report, BYD’s service in Europe will be purely electric.
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