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Electric

Hyundai Mobis developed a 90-degree rotating wheel, ‘e-corner module’

Hyundai Mobis has succeeded in developing the next-generation automobile wheel technology that is regarded as the core technology for future urban mobility. It is...

BYD Rumored to Supply Tesla With Lithium-Iron-Phosphate Batteries

Chinese media outlet Cailian Press on Thursday reported that Tesla’s preference for lithium-iron-phosphate (LFP) batteries released in the company’s third quarter report has once...

Evergrande aims to transform from real estate developer to NEV maker in 10 years

Chinese real estate development giant Evergrande Group has reopened a large number of projects previously halted by its debt crisis and has set a...

Apple’s talks with CATL, BYD on EV battery supply largely stalled, report says

More than four months after Apple was rumored to be negotiating battery supply deals with CATL and BYD for its planned electric vehicles (EVs),...

China begins using air compression to store energy and generate electricity during peak hours

The challenge for the power industry is how to shrink the gap between the peak and bottom of electricity consumption. In China, many new...

Tesla Releases Q3 Financial Report, Plans to Further Expand Capacity of Shanghai Gigafactory

On October 21, Tesla announced in its Q3 earnings conference call that China remained Tesla’s main export center throughout the quarter. Tesla will continue...

Lack of power grids sealed fate for early electric cars

Lund University New research from Lund University shows that insufficient infrastructure was key in American car manufacturers choosing gasoline cars over electric cars in the...

NIO reveals innovations in body materials, expected to improve production efficiency of future models

Although it does not nominally own its own factory directly, this does not prevent NIO from innovating in its manufacturing process. NIO announced on Monday...

Chinese Internet Security Firm Qihoo 360 to Spend $451 Million for 16.6% Equity of Hozon Auto

Chinese internet security firm Qihoo 360 Technology announced on Monday that the company plans to invest 2.9 billion yuan ($451 million) in Hozon Auto,...

Toyota Charges into Electrified Future in the U.S. with 10-year, $3.4 billion Investment

Toyota announced that it will invest approximately $3.4 billion (380 billion yen) in automotive batteries in the United States through 2030. Specifically, the investment...

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