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EV competition heats up in China as Geely’s Galaxy brand launches E8 starting under $25k

Less than a year after its launch in China, Geely’s sub-brand Galaxy has begun selling its first all-electric model – the E8. Starting at a price below $25,000, the Galaxy E8 sedan looks extra sleek, and it touts some more than adequate EV technology, arriving as a genuine contender in an ultra-competitive Chinese market.

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Chinese EV maker Nio to spin off battery unit: report

NIO-stock-investment

For years, Chinese EV maker Nio has essentially done it all, delving into high-end EV manufacturing, in-house batteries, autonomous driving, and chips, as well as innovative battery-swapping tech and even making smartphones, all while pulling in huge investments and talent to make that happen. Now, according to a new report, it’s looking to lighten the load.

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Mercedes-Benz, BMW form JV to deploy a EV charger network, but not where you’d expect

Mercedes BMW charging

Legacy German automakers and competitors in the luxury EV segment, Mercedes-Benz and BMW, announced they have teamed up for a new joint venture to implement a EV fast charging network consisting of over 1,000 stations in the next few years. Where the European companies intend to deploy these chargers however, may surprise you.

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Chery and Huawei brand Luxeed shakes up EV market with 855 km range S7, starting at $35k

Luxeed – a young, premium EV brand developed between Chery Automobile and Chinese tech giant Huawei, has shared new details of its flagship sedan, the S7. In a matter of months since first teasing the Tesla Model S competitor, followed by an influx of pre-orders, Chery and Huawei have now shared trim variants, pricing, and of course, range – which tops out at an impressive 855 km.

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How my love of weird electric vehicles landed me on 100 million Chinese TVs

A fascination with electric vehicles isn’t anything new. These days, everyone and their brother seems to have an EV. But I’m not one of the “normal” electric vehicle enthusiasts. I’m drawn to the more oddball designs. And that zeal has seen me end up in some weird places. Most recently, it had me end up on a hundred million TV screens across China.

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BYD announces EV deals to finish year strong after record sales for a sixth consecutive month

BYD EV Sales

BYD is a name you’ll be hearing more and more as time goes on. The Chinese automotive powerhouse continues to gain momentum in Q4, with record-high EV sales for a sixth consecutive month. To ensure its sales stay hot, BYD is offering limited-time discounts on a slew of vehicles to finish the year as one of the world leaders in EVs. See the latest tallies below.

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Stellantis takes $1.6 billion stake in China’s Leapmotor, forming JV to sell its EVs in Europe

Stellantis Leapmotor

One year after filing for bankruptcy with its Jeep joint venture in China, Stellantis has found a new partner in EV startup Leapmotor to utilize its existing technology ecosystem as part of a $1.6 billion joint venture that will expand availability of the Chinese EVs in new markets in Europe, possibly beyond.

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WM Motor is the latest startup to file for bankruptcy in China’s booming but saturated EV market

WM Motor

After an eight-year run and a reign as one of the highest funded EV startups in all of
China, WM Motor and its brand Weltmeister have filed for bankruptcy. Today’s news puts a bookend on a turbulent year facing financial struggles, but the startup has vowed to restructure through debt collectors and will seek a rebirth.

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NIO reportedly mulling joint venture with SVOLT to get large cylindrical batteries over finish line

NIO batteries

A Chinese media outlet is reporting that EV automaker NIO is recruiting the help of battery systems manufacturer, SVOLT Energy Technology Co., Ltd. Several sources state that NIO is recruiting the assistance from SVOLT to assist in the development of its own in-house large cylindrical EV batteries, which has reportedly decelerated as of late.

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