Ten billion Euros may not suffice when vying for EV supremacy. Case in point, Volkswagen indicated during its latest five-year strategic meeting that it will raise its funding for EV R&D to €73 billion, the breakdown of which is as follows: €35 for BEV development, €27 for digital transformation, and €11 for HEV development. ...  more

On November 12, Ford officially unveiled its second mass-produced EV, hot on the heels of the electric Mustang Mach-E. Capable of carrying a max load of 2,000 kg, the newly released E-Transit represents a new effort by Ford to dominate the commercial market. The EV has a 200 km mileage on a single charge, with a price tag of US$45,000 and an expected delivery date at the end of 2021. ...  more

BMW's pure-electric next-generation vehicle was officially presented on Nov 12, 2020. The BMW iX is the first representative SUV for the electric flagship series. Its estimated WLTP range is 600 kilometers. The iX uses about 21 kWh of electricity per 100 kilometers. It still carries the signature BMW kidney grille design. In the hottest SUV market, iX is expected to take a certain portion of the market share for this high-end German brand. ...  more

Tesla became the automotive manufacturer of the highest market value in the world by surpassing Toyota last year. Toyota CEO has officially responded to this status, and provided a conclusion that infuses confidence to all investors. ...  more

Two unrelated companies, Daimler and Waymo, have surprisingly joined forces. ...  more

If you find your electric car’s total driving range diminishing with each charge cycle, you might want to hold off on a trip to get your battery checked out. Instead, tire pressure may be the culprit. ...  more

Tesla has recently come clean about a design flaw in its Model 3 vehicles manufactured before May 2019. These vehicles have rear bumpers that are prone to falling off when driving over puddles or in rainy conditions. Sources close to the automakers indicated that Tesla’s warranty does provide coverage for such damage, meaning Model 3 owners experiencing these bumper defects are encouraged to reach out to Tesla for repairs. ...  more

In Taiwan, the free charging services of Tesla’s supercharger stations will officially end, except for those who have a credit of free unlimited supercharging for life. In order to provide a better environment of recharging electricity for Tesla drivers and improve the efficiency of supercharger stations, Tesla Taiwan recently announced that starting from October 15 at 12am in Taiwan's time zone, drivers will be asked to pay a fee when using a supercharger station. ...  more

Russia’s state-run nuclear energy corporation Rosatom announced on October 8 that it has completed the incorporation of its new Li-ion battery business unit. ...  more