Battery and Components
Northvolt CEO quits on tumble into administration
Troubled battery maker files for Chapter 11 protection in the US
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Vehicle Sales
VW to bring €20,000 BEV to Europe in 2027
VW says unprecedented price tag will unlock "widespread e-mobility"
Charging and Grid
V-2-G uptake faces standardisation headaches
New survey also finds that primary use case envisioned by V2G industry is fleet operators
Corporate Strategy
OEMs' L4 autonomy interest increasing despite scale challenges
Innoviz CBO Elad Hofstetter says L4 lidar orders are exceeding previous "hype cycles", but OEMs' focus remains on L3
Vehicle Sales
Young Americans open to Chinese BEVs despite data concerns
US buyers will accept data and national security risks for cheaper EVs, survey finds
Vehicle Sales
Kia to launch EV3 in Europe in late 2024
Kia hopes to emulate Volvo's B-segment BEV success in Europe
Vehicle Sales
European BEVs double growth rate of ICE in April
French growth drives the region's numbers, while Germany's registrations stay depressed
Corporate Strategy
Xpeng targets L4 autonomy by 2025
Chinese OEM hails the training speed of its XNGP software
Vehicle Sales
US BEVs trail HEVs by highest margin since 2021
BEVs trailed HEVs by 25,000 units in April, the largest gap since August 2021
Tesla
Tesla adds FSD supercomputing capacity at Giga Texas
Musk confirms capacity expansion for FSD training but Dojo progress in unclear
Vehicle Sales
Analysis: can Volvo take Tesla's best-seller crown in Europe?
Volvo's EX30 has seen an impressive first four months of deliveries
Chinese OEMs
Li Auto moves to negative margins
Firm feeling the brunt of investing to try to meet Chinese market's vehicle software appetite
Corporate Strategy
Canoo aims for global sales expansion
The firm is trying to juggle production capabilities with its order book in light of limited cash