Electric Cars News

The pilot plant will have an annual capacity of 2500 tonnes and will contribute to the production of more than 50,000 battery modules for new electric Mercedes-Benz vehicles.

Production is expected to start in the third quarter of 2024, following retooling, the company said.

The videos confirm that the production-spec Kia EV9 will closely follow the concept’s design including the unique light clusters upfront.

MG also shared the first images of the new Comet EV which is based on sister firm Wuling's Air EV

FinDreams Technology, the Chinese company's battery unit, is aiming to build a facility with the capacity to produce 40 gigawatt hours per year of its Blade Battery in the city of Zhengzhou in Henan province

The move could help turn Tesla into the universal "filling station" of the EV era - and risk eroding a competitive edge for vehicles made by the company, which has exclusive access to the biggest network of high-speed Superchargers in the United States.

Beijing is reportedly concerned the Detroit carmaker could gain access to the competitive aspects of CATL's technology, but the scrutiny is unlikely to result in the agreement being blocked

Battery costs are the most expensive component in electric vehicles (EV) and a move toward lower prices by CATL, which had 37% of the global market last year, would ease a major cost pressure on automakers.