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XPeng launches new LFP-battery powered versions of EVs

Green Car Congress

China-based EV maker XPeng expanded its product offering by launching three new vehicle versions powered by lithium iron phosphate (LFP) batteries for the Chinese market. Retail prices (post subsidies) for the new Smart and Premium P7 are RMB 229,900 (US$35,600) and RMB 239,900 (US$37,100), respectively. and XPILOT 3.0

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India’s EV sales seen doubling led by battery-powered scooters

Electric Vehicles India

The recent production of electric scooters in the market and public were attracting towards electric vehicles by end of march 2023 the excepted rate of sale to be increased nearer to 800,000 in India compared with 429,217 units in the previous period. with 20% market share, jumped 566% to 46,447 this year, while Ola Electric Mobility Pvt.

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Strategy Analytics: Overall UX of BEVs does not match price point

Green Car Congress

To meet the goal of transitioning fleets and car buyers to all electric, governments and automakers have a substantial challenge ahead, the market research company said. The overall experience needs to match the price point.

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CMU study concludes lithium market fluctuations unlikely to impact Li-ion battery prices significantly

Green Car Congress

A new study by a team from Carnegie Mellon University’s College of Engineering has found that even large increases in lithium prices are unlikely to increase significantly the cost of batteries or battery packs for end users such as vehicle manufactures or consumers—although some manufacturers may see reduced profit margins.

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Mining.com EV Metal Index shows value of battery metals in newly registered electrified vehicles up 232% y-o-y in 2022

Green Car Congress

Lithium prices were also peaking in December around $70,000 a tonne, which lifted the lithium subindex to $2.7 The value of the nickel in hybrids and battery electric vehicles jumped to $856 million, 15% above the previous record set in March last year when the London nickel market was in the throes of a crisis and prices spiked.

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Galaxy quest: Yet another Chinese brand headed to Australia and its pricing could be out of this world

EV Central

Timing for the Aussie launch has yet to be revealed but Geely is already sending two new brands to the Australian market, Zeekr and Lynk & Co, which are expected to be up and running here by 2025 or 2026. They’ll join established Geely group brands Volvo and Polestar in Australia. 2025 Galaxy E5 SUV. 2025 Galaxy E5 SUV.

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Report: Hyundai is developing a $20,000 EV for Europe

Green Car Reports

Hyundai is developing an affordable EV for Europe that would cost roughly $20,000, the automaker's European marketing boss said in a recent interview with Automotive News Europe. This entry-level model would be a "battery-powered minicar" priced at 20,000 euros, Hyundai's Andreas-Christoph Hofmann said.

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