Search: China
Commercial
Tesla shares shoot up 10%, despite a decline in deliveries
Tesla's Q2 vehicle deliveries fell by 5%, but smaller-than-expected decline boosted shares by over 10%.Stronger-than-expected sales in China and the US helped Tesla deliver 443,956 vehicles, surpassing Wall Street estimates.Tesla faces competition from new,...
Commercial
Amplify Cell Technologies breaks ground on a new battery facility in Mississippi, creating over 2,000 jobs
Amplify Cell Technologies begins construction of a battery cell factory in Marshall County, Mississippi.The joint venture involves Accelera, Daimler Trucks & Buses US Holding LLC, PACCAR, with $2-3 billion investment.Facility to annually produce 21...
News
XPeng reports continued growth as deliveries rise 24% compared to 2023
XPeng delivered 10,668 Smart EVs in June 2024, up 24% year-over-year and 5% from the previous month.The XPeng X9 contributed 1,687 units, totaling 13,143 since launch, leading in China's electric MPV and three-row segments.XPeng...
Commercial
VW to invest $5bn in Rivian, in new joint venture
In an announcement which sent Rivian shares skyrocketing, Rivian and Volkswagen have announced a joint venture which will allow both manufacturers to share software and EV architecture.These joint venture vehicles, from both brands, will...
Commercial
Scout Motors makes rapid progress on $1.97 billion EV production centre in Columbia, South Carolina
Scout Motors Inc. is constructing a $1.97 billion production centre near Columbia, South Carolina, creating 4,000+ permanent jobs.The facility will include a body shop, paint shop, and final assembly buildings, with infrastructure upgrades like...
Cars
Long-range electric trucks are finally coming to New Zealand thanks to an Etrucks and Windrose Technology partnership
Etrucks partners with Windrose Technology to introduce long-range electric trucks to New Zealand, starting with 20 units.Windrose E1400 has a 729kWh battery, offering a 670km range and fast charging, adding 400km in 35 minutes.Windrose...
