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BMW spends billions to push its next-gen EVs into Tesla territory

Baua Electric

Vision Neue Klasse Vision sedan On the heels of announcing its record year in sales of all-electric vehicles last year, BMW says it is now investing $711 million (€650 million) to convert its main factory in Munich to exclusively produce electric vehicles by the end of 2027. It expects to sell half a million BEVs this year.

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European EV registrations fall in July with Tesla on top

Baua Electric

Provisional tariffs were imposed on BEVs made in China on 5 July 2024. The EX30 is the Swedish brand’s cheapest model, starting at €39,000, compared to €40,000 for the petrol XC40. This means the EX30 is well-priced propositioned considering its premium standing. This equated to a drop of 6% year on year.

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Eight new EV brands you’ve never hears of – and they don’t come from China

EV Central

Of course, a bunch of them come from China and we’ve reported on the likes of Nio , Xpeng and Aiways in some detail. Ceer Motors It might seem weird that a petrol-chemical kingdom like Saudi Arabia would want to get into EV manufacturing but that’s exactly what is happening with Ceer Motors. Let’s check them out.

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Battery revolution! Has Stellantis cracked the code for super-cheap EVs that will undercut ICE?

EV Central

The global auto giant Stellantis has done a deal with a French battery-maker to secure fresh sodium-ion battery technology for its future EVs that could see electric cars finally undercut petrol cars on purchase price. billion ($A1.8b) to build the world’s largest sodium battery plant in Xuzhou in China.

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Leading the charge: Lotus Emeya sets electric car charging record with 310km added in ten minutes

EV Central

50,000 price hack! Although it should be put into context that is takes just two minutes to fill a fast Porsche Panamera with enough petrol to cover 310km, which means the Lotus takes five times longer to top-up. Already on sale in China since March 2024, the Lotus Emeya’s debut Down Under should take place later in 2024.

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Internal of the mass-production MG Cyberster unveiled in China. To collision the marketplace this pace

Baua Electric

The inner of the mass-production model of the MG Cyberster used to be formally unveiled in China. And in 2024, it’ll construct its marketplace debut in the United Kingdom, priced at 55,000 – 65,000 GBP (70,460 – 83,300 USD). Fundamentals at the MG Cyberster The MG Cyberster will probably be manufactured in China via SAIC Staff.

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Chinese-made cars account for one in five BEV sales in February in Europe | Autocar Professional

Baua Electric

In contrast, petrol cars performed almost as well as they did before the Covid-19 pandemic. Chinese-made cars drive growth In Europe, sale of cars made in China saw the highest levels of year-on-year growth in February 2024 (+45%) and in January-February 2024 (+43%). of the total coming from China, compared to 66% for BEVs.

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