Chinese tech giant will reorganize its businesses into six independently run entities to shorten its decision-making processes, CEO Daniel Zhang said this week
The Chinese electric vehicle maker is pushing to make battery swapping a viable alternative to rivals' rapid-charging technology
The deal aims to strengthen their battery supply chains, by reducing dependence on China, and help Japanese carmakers access to a new tax credit for electric vehicles in the US.
The batteries will have greater energy density and perform better than lithium-ion phosphate batteries, the company's chairman said
The country’s sole EV maker is gearing up to expand into the United States, where it hopes its two electric SUV models will compete with legacy American brands
Australia accounts for nearly half of the world's lithium supply and is ideally positioned to reap the benefits from the booming battery sector, if it acts fast
“When you’re driving, when it’s a hard key, it’s easy to sense and feel it,” said Sang Yup Lee, Hyundai's head of design
Strict Covid-curbs have put 26 million lives on hold in Shanghai - China's most important economic hub. The resulting supply chain disruptions and revenue losses will spell fresh economic trouble for China, and the world.
The reason isn't just rising temperatures or battery quality but a lack of thermal-based safety precautions. The EV batteries are getting heated beyond 100 degrees, experts claim.
Tesla employees have returned to work at the giant’s Covid-hit Shanghai plant, and they aim to restart production with 1,000 cars a day after a stoppage of more than three weeks.
Hozon New Energy Automobile, an eight-year-old Zhejiang-based electric vehicle maker, startled industry watchers with growing sales of its affordable, spacious SUVs.