China’s EV market is rapidly evolving with Xiaomi, Xpeng, and Leapmotor achieving impressive delivery numbers in March 2025. Xiaomi delivered over 29,000 vehicles, aiming for 350,000 deliveries in 2025, despite…
BYD surpassed Tesla in battery electric vehicle (BEV) sales for two consecutive quarters, marking a significant shift in the electric vehicle sector. In Q1 2025, BYD sold 416,388 BEVs compared…
LG Energy Solution (LGES) has fully acquired the Ultium battery manufacturing facility in Lansing, Michigan, previously a joint venture with General Motors. The nearly completed project, worth over $2 billion,…
Inlyte introduces the iron-sodium battery, a potential game-changer rivaling Tesla's Megapack with 7,000 cycles and 90% roundtrip efficiency. The partnership with HORIEN Salt Battery Solutions accelerates Inlyte’s market entry by…
BYD sold over 1 million new energy vehicles (NEVs) in the first quarter of 2025, up 59.8% from the previous year. Battery-electric vehicles (BEVs) accounted for 416,388 units, rising 38.7%,…
BYD has reported impressive EV sales, reaching over one million NEVs in Q1, marking a 59.81% year-on-year increase. March saw significant growth in their electric lineup, with pure EV sales…