Tesla has revealed a glimpse of its forthcoming self-driving ride-hailing app, previously dubbed ‘Tesla Network', which the electric automaker is positioning as a direct competitor to Uber. For years, Tesla has hinted at the development of a ride-hailing application to challenge the likes of Uber and now Waymo. While earlier discussions suggested the app might […] The post Tesla Teases Self-Driving Ride-Hailing App, Aiming to Rival Uber appeared first on EVMagz ..read more

Tesla released its first-quarter earnings report today, following a challenging quarter marked by production and delivery hurdles. The electric vehicle (EV) maker produced 433,371 vehicles and delivered 386,810 vehicles during Q1, falling short of Wall Street analysts' expectations of 449,080 deliveries and 452,976 vehicles produced. The difficulties faced by Tesla in Q1 were attributed to […] The post Tesla Reports Q1 2024 Earnings Below Analyst Expectations Amid Production and Delivery Challenges appeared first on EVMagz ..read more

Beijing WeLion New Energy Technology, a key supplier of semi-solid-state batteries to Nio (NYSE: NIO) and an electric vehicle (EV) unit of Anhui Jianghuai Automobile Group (JAC), has entered into a strategic agreement to jointly develop long-range electric cars. The agreement, signed between WeLion and Yiwei, JAC's EV arm, on April 22, marks a significant […] The post Beijing WeLion and JAC’s Yiwei Collaborate on Long-Range EVs with Semi-Solid-State Batteries appeared first on EVMagz ..read more

Norway has launched a new funding program aimed at promoting the adoption of electric commercial vehicles, with funds allocated on a monthly basis. The initiative, led by the business development agency Enova, will initially subsidize the procurement of 108 heavy-duty electric vehicles equipped with battery-electric or fuel cell drives. Enova has set aside 136.5 million […] The post Norway Introduces New Funding Program for Electric Commercial Vehicles appeared first on EVMagz ..read more

In a bid to attract customers away from Xiaomi's highly anticipated SU7 electric vehicle (EV), Nio, a prominent player in China's EV market, is reportedly offering incentives to entice SU7 order holders to switch to its own models. According to local media outlet Cailian, Nio's offline stores are providing a subsidy of RMB 5,000 ($690) […] The post Nio Offers Incentives to Woo Xiaomi SU7 Order Holders as Competition Heats Up appeared first on EVMagz ..read more

Xiaomi, the Chinese smartphone giant turned electric vehicle (EV) manufacturer, has set an ambitious target of delivering 100,000 units of its first EV model, the SU7, this year. However, capacity constraints pose a significant challenge to achieving this goal. Announced by Xiaomi founder, chairman, and CEO Lei Jun at an investor conference, the company has […] The post Xiaomi Aims to Deliver 100,000 Electric Vehicles in 2024, Capacity Remains a Challenge appeared first on EVMagz ..read more

Nikola Motor has unveiled its production and delivery figures for the first quarter of 2024, ahead of its official Q1 financial result presentation. The company produced 43 Class 8 hydrogen fuel cell electric trucks and wholesaled 40 of them during the same period. The delivery numbers are noteworthy, surpassing the total number of deliveries Nikola […] The post Nikola Motor Reports Strong Q1 Production and Delivery Numbers appeared first on EVMagz ..read more

Charge point operator Connected Kerb is embarking on a nationwide rollout of smart charging across its public network in the UK, following a successful trial conducted last year. The smart charging system by Connected Kerb enables drivers to schedule charging during off-peak hours when energy is both cheaper and greener, resulting in cost savings, reduced […] The post Connected Kerb to Implement Smart Charging Across UK Network appeared first on EVMagz ..read more

Northern Irish bus manufacturer Wrightbus has inked a deal with Canadian fuel cell specialist Ballard Power Systems for the supply of 70 fuel cell modules, slated for use in buses both in the UK and Germany. The agreement includes the delivery of FCmove-HD systems to Wrightbus this year, with the buses expected to be operational […] The post Wrightbus Partners with Ballard Power Systems to Propel Hydrogen-Powered Buses appeared first on EVMagz ..read more

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