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XPeng Motors announces new AI-centric brand targeting EVs priced as low $14,000

Electrek

Leading Chinese EV automaker XPeng Motors has publicly shared plans for a new EV brand to deliver affordable, AI-driven smart cars to young consumers. Targeting China’s A-class segment of EVs priced between RMB 100,000-150,000, XPeng’s new brand could help pave the way for more affordable EVs around the globe.

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Hyundai Motor, including Kia top Ford and GM in US EV market with affordable EVs

Baua Electric

Hyundai Motor Group, including Kia, is using affordability to gain market share in the US. With low-cost electric cars, Hyundai Motor , along with Kia, surged past American automakers Ford and GM in the US EV market in the first three months of 2024. 305 $51,265 SE Dual Motor AWD 77.4 316 $47,065 SEL Dual Motor AWD 77.4

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LG Energy Solution discusses battery production with Chinese suppliers for the EU

Teslarati

LGES’ talks with Chinese material suppliers come after the EU Commission started imposing extra tariffs of up to 38% on imported EVs made in China. “We We are having talks with Chinese firms who will develop LFP cathode with us and produce them for Europe. “We Wonjoon Suh is the head of LGES’ advanced automotive battery division.

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Land Rover EV conversion packs in-wheel motors, weighs same as original

Baua Electric

based Bedeo is launching a Land Rover Defender EV conversion based around in-wheel motors from Bedeo-owned Protean Electric. While numerous companies and DIYers are already converting older internal-combustion vehicles to electric power, Bedeo also claims to be the first to use in-wheel motors in such a conversion.

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Novel Sodium-Ion Battery-Powered EVs To Hit Chinese Streets in January

The Truth About Cars

A Volkswagen-funded Chinese automaker has a new type of battery that offers some benefits over lithium-ion batteries, namely cost and cold weather performance, but it’s unclear if we’ll see them in the United States. JAC Motors has developed a new EV sporting a sodium-ion battery that it says has lower costs and more abundant raw materials.

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This new Chinese EV just launched for $25,000 as one of Europe’s cheapest electric cars

Baua Electric

Chinese legacy automaker Dongfeng Motor launched its new low-cost EV in Europe to compete with automakers like Volkswagen. Meet the new low-cost Chinese EV for Europe Dongfeng is one of China’s oldest and largest automakers. Source: Autocar , Dongfeng Motor FTC: We use income earning auto affiliate links.

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GM restructures China operations to regain profitability 

Teslarati

General Motors (GM) plans to restructure its operations in China to regain profitability. General Motors sales in China dropped by 29% to 373,000 vehicles, a far cry from its 2017 peak of 4 million units. GM has two partnerships with Chinese automakers. General Motors also has a SAIC-GM-Wuling Automobile Co.

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