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2+ min ago (155+ words) GUANGZHOU -- As Chinese electric vehicle leader BYD's domestic sales suffer from competition in the low-priced cars that had driven its growth, the au China's BYD tries to break out of mass-market trap as domestic sales stall Group pushes other brands to escape low-price competition GUANGZHOU -- As Chinese electric vehicle leader BYD's domestic sales suffer from competition in the low-priced cars that had driven its growth, the automaker is pinning its hopes of moving upmarket on other brands. Chinese EV makers like BYD seen gaining from new UK pay-per-mile tax Huawei's self-driving tech expands to mass-market vehicles in China BYD, Xpeng and rivals race to shore up growth as investors turn skeptical BYD launches plug-in hybrid SUV in Japan, challenging rivals on price Chinese automaker GAC to make EV foray in Japan in 2026 From Mixue to BYD, Chinese brands move into…...

3+ min ago (462+ words) Rivian's details its plans to bring more AI and hands-free autonomous driving features to current and future R1 and R2 EV owners. Rivian bets on lidar as the technology that will advance its autonomous driving ambitions. The automaker's new custom hardware is said to boast four-times more AI crunching power than the current chips. More importantly, the new silicon is said to deliver four times the performance of the current Gen 2 system, which is a major improvement. Rivian says ACM3 will be able to process around 5 billion pixels of sensor data per second, which is important because the R2 is getting a substantial sensor upgrade. The big news here is that Rivian's R2 generation of EV will see a lidar array join the party, subtly integrated into the roofline just above the windshield. Rivian made a point of noting how its designers were able to…...

5+ min ago (430+ words) Geely Auto has claimed a new Guinness World Record with its Super Hybrid SUV, the mid-size Starray EM-i, travelling from Sydney to Melbourne via the Coastal Drive on a fully charged battery and a single tank of fuel. The record "lowest fuel consumption driving the Sydney'Melbourne Coastal Drive by a plug-in hybrid powered production SUV" was achieved over a 1056km route via Wollongong, Jervis Bay, Narooma, Lakes Entrance and Yarram. With a verified fuel consumption figure of 3.83L/100km ' measured after completely refilling the Starray EM-i's tank in Frankston (40.38L) ' the Chinese SUV not only managed to set a new world record, but also bettered Geely's own official NEDC fuel consumption figure of 4.4L/100km. There's a catch, though. The test vehicle used to achieve this feat is a global-spec vehicle that gets a new, larger hybrid battery than the version currently on sale in Australia…...

30+ min ago (237+ words) A team of students from the Netherlands has demonstrated that it is possible to produce an affordable electric vehicle (EV) that owners can maintain and repair themselves. Even if they have the mechanical expertise of a toddler. The car is called ARIA " 'Anyone Repairs It Anywhere' " and is the tenth electric vehicle prototype created at Eindhoven University of Technology (TU/e), in the Netherlands. Prototypes by previous ecomotive teams could scrub CO2 from the air as they drive, were manufactured from plastic waste recovered from the ocean, or engineered to last a lifetime. The ARIA prototype reaches a maximum speed of 56 mph (90 km/h) and has a range of 137 miles (220 km). The vehicle is powered by six independent and interchangeable battery modules that deliver a combined 12.96 kWh of energy capacity. "Right to Repair is about giving control back to the user," says Taco…...

33+ min ago (146+ words) The South Korean company representing half of the joint venture with Ford Motor Co. for BlueOval SK in Kentucky is severing its ties with the company. The BlueOval SK complex, a joint venture of Ford Motor Co. and SK On, in Glendale manufactures batteries for electric vehicles. It began production in August. SK On announced Thursday it is severing its ties to the joint venture. Ford will retain ownership of the plants. The South Korean company representing half of the joint venture with Ford Motor Co. for BlueOval SK is severing its ties with the company. In a report Thursday from Reuters, South Korean battery maker SK On said it will end its venture with Ford for its joint battery factories in the U.S., one of which is in Glendale, as it overhauls its business to focus on growth areas such…...

37+ min ago (865+ words) Friday, 12 Dec 2025 BOSTON/NEW YORK, Dec 11 (Reuters) - Investors welcomed reports that SpaceX was mulling a potential IPO that would help fund Elon Musk's Mars ambitions and value the rocket and satellite company at more than $1 trillion, as some have been waiting for years to buy into the company. SpaceX is looking to raise more than $25 billion in an initial public offering that could come as early as June, a person familiar with the matter told Reuters. Though it is a high-risk and capital-intensive business, the demand for shares from retail investors will be "substantial," Shay Boloor, chief market strategist for Futurum Equities Research, said in an interview. "It's going to be the craziest IPO in the history of the stock market. If it's trying to go for $1.5 trillion, I wouldn't be surprised if it goes up to over $2 trillion once…...

42+ min ago (371+ words) The new modular energy storage solution is compatible with TCL Sunpower solar panels and offers 1030 kWh capacity, multiple inverter options, and enhanced safety features. The new modular energy storage solution is compatible with TCL Sunpower solar panels and offers 1030 kWh capacity, multiple inverter options, and enhanced safety features.From pv magazine France Chinese manufacturer TCL SunPower Global, a unit of TCL Technology Group Corp, has introduced a new all-in-one residential energy storage system (ESS) under the SunPower brand in France. The solution combines solar generation, storage, and energy management, with the aim of enabling households to increase solar self-consumption. "This new product is a strong selling point for our installer partners: a trusted brand, a complete system, and a single point of contact," Steven Beaufr're, France Director at TCL SunPower Global, told pv magazine France at the booth of one…...

48+ min ago (401+ words) A Tesla owner has given curious drivers insight into the potential savings of switching to an electric vehicle. Allen Tran (@allenvert) posted a TikTok showing the estimated amount of money he saved in the first year of owning his Tesla. While he expected higher gas savings, he did cut his monthly fueling expenses by about $30. The real money saver was in maintenance, he said. His previous car was certainly luxurious. However, he said that the maintenance costs added up to tens of thousands over a few short years. "I've already racked up almost 15,000 miles on this car," he said. "And the only repairs I had to do was swapping out two tires in the back, which cost about $600. And the more I drive this car, the more savings I will actually get from not having to repair this car as…...

52+ min ago (1082+ words) Below is a detailed look at the most important Liontown Limited news, operational signals from recent company reporting, and the latest publicly available analyst target-price ranges'plus the catalysts and risks that matter most for ASX:LTR into 2026. Liontown announced on 9 December 2025 that it executed a binding offtake agreement with Canmax Technologies'described by the company as a major lithium chemicals producer and consumer of raw lithium materials. The headline terms are: Strategically, this matters for Liontown stock because it supports revenue visibility further out the curve'while the index-linked approach aims to reduce the mismatch that can happen when producers are locked into fixed-price contracts in a volatile commodity. External coverage quickly framed the agreement as another step in Kathleen Valley's customer diversification (and a sign that buyers are again willing to commit to forward volumes). [3] In November 2025, Liontown reported the outcome…...

56+ min ago (178+ words) Germany continues to lead Europe's battery energy storage market, with 18GW of utility-scale demand and 8GW from commercial and industrial applications over the next decade. Germany continues to lead Europe's battery energy storage market, with 18GW of utility-scale demand and 8GW from commercial and industrial applications over the next decade.From ESS News Europe's BESS market is poised for a major jump in yearly additions, with deployment hitting 11GW in 2024 and projected to surge 45% to 16GW in 2025, according to Wood Mackenzie. Moreover, the research and consultancy firm expects European BESS deployment to grow at a 9% compound annual growth rate over the next ten years, reaching 35GW by 2034. Within this expanding European landscape, Germany emerges as the rising star across all segments (utility, C&I, residential). The country leads European deployment with over 3.5 GW expected this year, doubling to 7 GW by 2034. However, despite strong current fundamentals, the German…...