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The BYD e7 is a midsize sedan that is expected to target primarily the shared mobility market. The BYD e7 is not part of the Dynasty or Ocean series, but is displayed on a website aimed at corporate customers. (BYD e7. Image credit: BYD) BYD (HKG: 1211, OTCMKTS: BYDDY) today officially launched its new all-electric sedan e7, which is expected to be one of the car-buying options for the shared mobility market. The BYD e7 is available in three variants with starting prices of RMB 103,800 ($14,400), RMB 109,800 and RMB 115,800 respectively. The company is offering a limited-time RMB…
Geely completed the trial production of the first EX5 at its plant in Puwakarta, Indonesia. The plant will officially start mass production in the fourth quarter and is expected to reach an annual capacity of 20,000 units. (Image credit: Geely) Geely Auto has completed the trial production of its first EX5 at its plant in Puwakarta, Indonesia, marking a milestone in its EV internationalization strategy. The Chinese auto giant shared the development in an announcement yesterday, saying that it will provide Indonesian consumers with intelligent mobility solutions that will contribute to sustainable development in the region. The EX5 is the…
In the January-April period, Model Y retail sales in China stood at 101,873 units, down 19.61 percent year-on-year. The Model Y exported 13,976 units in April, up 149.30 percent year-on-year. The Model Y, Tesla’s (NASDAQ: TSLA) most important model, saw a decline in sales in China last month, as more locally produced units of the crossover were used for exports. Retail sales of the Model Y in China in April were 19,984 units, down 24.18 percent from 26,356 in the same month last year and down 58.53 percent from 48,189 in March, according to data from the China Passenger Car…
Lease deals get all the hype, but most people still want to own the car after they’re done making all those payments on it. If that sounds like you, and you’ve been waiting for the interest rates on auto loans to drop, you’re in luck: there are a bunch of great plug-in cars you can buy with 0% financing in May, 2025! As I was putting this list together, I realized there were plenty of ways for me to present this information. “Best EVs ..?” Too opinion based. “Cheapest EVs ..?” Too much research. “Best deal ..?” Too opinion based. In the…
Many modern cars have an oil life indicator to tell owners when they should have their oil changed. Some are even fancy enough to display a percentage that conveys exactly how much life is left in the oil. If you’ve ever wondered if that percentage is accurate, well, it is. And it’s not just calculated based on mileage. The first oil life monitoring systems came into the world back in the 1980s, through an algorithm developed by three General Motors engineers: Donald Smolenski, Paul Harvath, and Shirley Schwartz. Using data from the car’s OnStar system, like engine cycles, injector activations,…
Tesla’s insurance arm is taking a beating by paying out more than it earns from premiums, according to data from S&P Global. This is significantly higher than the national average loss ratios calculated for other insurance companies. It could mean that not even Tesla can repair its own cars affordably after an accident. In 2019, Tesla set out to lower insurance rates for owners of its electric cars. The goal was simple, at least in theory: fix the broken cost of car insurance. Instead, Tesla may have broken its own calculator trying to make sense of repair costs. See, Musk’s…
CATL’s joint venture in Indonesia plans to build a battery cell plant with an annual capacity of 15 GWh. The plant is expected to be commercially operational by 2027. (File photo shows the CATL logo. Image credit: CnEVPost) CATL (SHE: 300750) is seeking a loan of about $1 billion for investments in Indonesia, Bloomberg said in a report today, citing people familiar with the matter. The loan, which could have a tenor of five to seven years, would be used for the company’s joint venture, which plans to build a battery cell manufacturing plant in Karawang, West Java, according to…
WeRide and Uber will expand their robotaxi partnership to several new cities each year outside the US and China. WeRide and Uber’s fleet size in Abu Dhabi will reach 50 units by mid-2025. (WeRide’s robotaxi in Dubai. Image credit: WeRide) Chinese autonomous driving technology company WeRide (NASDAQ: WRD) and US ride-hailing giant Uber Technologies (NYSE: UBER) have expanded their partnership to offer robotaxi service in additional cities in international markets. WeRide announced today that the two companies will further expand their strategic partnership to include 15 new cities worldwide over the next five years, including Europe and the Middle East.…
Waymo plans to deploy 2,000 more Jaguar I-Pace EVs to its autonomous fleet through 2026, it said on Monday. It currently has 1,500 of them. Waymo offers driverless rides in San Francisco, Phoenix, Los Angeles and Austin. The sleek Jaguar I-Pace hit the streets in 2018 as one of the first modern electric efforts from a company that wasn’t Tesla. And even though Jag axed the pioneering model from its lineup last year, Waymo isn’t done with it yet. Alphabet’s self-driving taxi company will deploy 2,000 more autonomous I-Paces to its robotaxi service through the end of 2026, it said in…
Jeep may be an American brand at its core, but its presence has grown well beyond US borders in recent decades. Prioritizing Europe for the launch of a new model speaks volumes about how Stellantis is betting on international markets to reduce reliance on North America. The third-generation Compass will initially hit European countries later this year before expanding to other regions. Despite its evolutionary exterior styling, the new Compass is an entirely different vehicle from its predecessor. It ditches the old Fiat-Chrysler bones for the STLA Medium platform, which Stellantis has already used for the Peugeot 3008 and 5008,…