GM’s joint venture (SGMW) launched the Baojun Cloud electric hatchback on Thursday in China, starting at 95,800 yuan ($13.2K).
Expand Expanding CloseGeneral Motors JV launches Baojun Cloud EV in China starting under $14K
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Peter Johnson is covering the auto industry’s step-by-step transformation to electric vehicles. He is an experienced investor, financial writer, and EV enthusiast. His enthusiasm for electric vehicles, primarily Tesla, is a significant reason he pursued a career in investments. If he isn’t telling you about his latest 10K findings, you can find him enjoying the outdoors or exercising. For questions or comments, you can email him at Peter@electrek.co. You can also follow him on Twitter @EVPeteJohnson.
Rivian (RIVN) seen as “one of the core EV players over the next decade,” says analyst
EV maker Rivian (RIVN) is seen as “one of the core EV players over the next decade,” according to Wedbush Analyst Dan Ives.
Expand Expanding CloseFord delays electric Explorer launch until next summer
The all-electric Ford Explorer will hit the market about six months later than expected. Ford informed workers at its Cologne plant Thursday that it will be delaying the launch of the electric Explorer.
Expand Expanding CloseVolkswagen delays ID.Buzz California electric camper due to added weight
If you were waiting for the full-fledged electric camper version of the Volkswagen ID.Buzz, you will have to wait a while longer. Although work is still being done, Volkswagen is not planning to release an ID.Buzz California anytime soon.
Expand Expanding CloseVolkswagen ID.3 sales surge over 300% after recent price cuts
The Volkswagen ID.3 is seeing a surge in demand following the automaker’s decision to slash prices last month. The lower ID.3 price had a significant impact this past month, with sales rising over 300%.
Expand Expanding CloseGM says an electric coupe is coming – Camaro or Corvette EV on the horizon?
A new electric coupe based on the General Motors Ultium platform is in the works. Is it the electric Camaro or Corvette EV we’ve been waiting for?
Expand Expanding CloseVW taps Hyundai supplier for battery systems assembly for next-gen EV platform
Hyundai Mobis, Hyundai Motor Group’s core supplier, announced a “large-scale order” from Volkswagen Wednesday. The South Korean auto parts giant will supply Battery Systems Assemblies (BSA) for VW’s next-generation EV platform.
Expand Expanding CloseCheck out this bulletproof electric luxury sedan from BMW, the i7 Protection
BMW unveiled its first bulletproof electric sedan this week, the BMW i7 Protection, as the automaker expands its emission-free models into new segments.
Expand Expanding CloseRivian Q2 earnings: raised guidance plus EV margins improved by 50%
After posting strong Q2 earnings, EV maker Rivian (RIVN) is raising guidance numbers for the year. Rivian continues ramping production while gross margins improved by 50%. Overall, it was a solid improvement quarter-over-quarter.
Expand Expanding CloseVolkswagen edges past Tesla in tight German EV race through July with an unsung hero
Germany’s top automaker just took the top EV position after squeaking by Tesla in electric car registrations through July. Volkswagen leads the German EV market with its new electric van gaining momentum.
Expand Expanding CloseHyundai targets key EV market with plans for five electric models
The Hyundai Motor Group announced it would target one of the largest auto markets globally with plans to unveil five EV models in India as it transitions to an electric future.
Expand Expanding CloseLucid Air Sapphire final specs unveiled with over 1,200 hp, 0 to 60 mph in 1.89 seconds
EV startup Lucid Motors revealed the final specs for its Tesla Model S Plaid-rivaling “luxury electric super-sports sedan” Tuesday. Boasting more than 1,200 hp, the Lucid Air Sapphire accelerates from 0 to 60 mph in a mere 1.89 seconds.
Expand Expanding CloseLand Rover to add mini Defender Sport electric SUV to its lineup
A new mini Land Rover electric SUV is reportedly due out and could go by the name “Defender Sport.” Despite its compact size, the new EV will carry the brand’s iconic rugged, open-road mentality.
Expand Expanding CloseRivian (RIVN) Q2 earnings preview: EV production and pricing come into focus
EV maker Rivian (RIVN) is set to release its second-quarter 2023 earnings after the bell on Tuesday, August 8. Amid of wave of EV price cuts and lowered guidance, investors will be watching production and pricing closely in Rivian’s Q2 earnings report.
Expand Expanding CloseFirst Chevy Blazer EV Police Pursuit Package looks ready for patrol in new intro video
General Motors is showing off its first Chevy Blazer EV Police Pursuit Vehicle (PPV) in its latest video. With instant torque, stealth-like abilities, and impressive performance, the 2024 Chevy Blazer EV PPV is designed to tackle any demands.
Expand Expanding CloseLucid Air EV sedans are over $12K off amid latest price cuts
Amid intensifying competition in the EV market, Lucid Motors is drastically reducing prices on its Lucid Air electric sedans with some models over $12,000 off.
Expand Expanding CloseNIO’s first smartphone ‘NIO Phone’ is coming soon after passing a major milestone
EV startup NIO is set to release its first smartphone, “NIO Phone,” in the third quarter of 2023, after passing the last major step needed to sell the device in China.
Expand Expanding CloseAudi is resurrecting this sports car sedan as a more powerful electric revival
Fans of the Audi RS6 sports car sedan (saloon) have reason to celebrate. Audi Sport plans to resurrect the RS6 saloon as an even more powerful, high-performance electric sedan.
Expand Expanding CloseToyota’s electric robotaxis set for ‘large-scale deployment’ in China through new partnership
Toyota has a new way of deploying its EVs across China. Autonomous mobility startup Pony.ai announced Friday that it held a joint venture singing ceremony with Toyota Motor Investment and GAC Toyota Motor to mass produce and deploy fully driverless electric robotaxis in China.
Expand Expanding CloseNikola (NKLA) stock tanks after fourth CEO steps down, growing Q2 losses
Shares of Nikola Corp (NKLA) are down by double-digits after the electric truck maker announced its fourth CEO, Michael Lohscheller, is stepping down, effective immediately.
Expand Expanding CloseFisker (FSR) cuts guidance again despite hitting an ‘inflection’ point in Q2
California-based Fisker Inc. (FSR) released its second-quarter earnings Friday. Despite improving profitability, Fisker lowered its annual production guidance again due to supplier constraints.
Expand Expanding CloseHyundai IONIQ 5 and Kia EV6 are the same lease price – Which EV would you choose?
After Kia lowered lease prices this week, the automaker’s EV6 is now the same price to lease as the Hyundai IONIQ 5 electric crossover. Which EV are you going with?
Expand Expanding CloseThis Chinese electric SUV was the top-selling EV in Sweden in July, Tesla Model Y on top YTD
The top-selling EV in Sweden last month was not the Volkswagen ID.4, a Volvo model, or even the Tesla Model Y. It was BYD’s Atto 3 electric SUV. The Chinese EV maker’s sales continue soaring overseas and domestically as demand for functional, affordable electric cars grows.
Expand Expanding CloseAcura teases its first electric SUV, the 2024 ZDX, ahead of Monterey debut
Ahead of its reveal later this month, Acura is giving us a glimpse of its first electric SUV. The 2024 Acura ZDX will debut at Monterey Car Week on August 17 alongside a performance Type S model, deemed “the most powerful and quickest accelerating SUV in Acura history.”
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