Nio: annual loss increases significantly YOY

Nio presented its financial results for 2022. The Chinese EV maker was able to increase its deliveries and sales. However, the annual loss also grew significantly, probably due to the development cost for new models and the company’s expansion. ...

BEV account for one in six UK car registrations in February

The British Society of Motor Manufacturers and Traders (SMMT) released the latest car registration data throughout February. Traditionally a quiet month ahead of the March plate change, plug-in cars took an impressive share. February marked the seventh month of ...

Germany’s car fleets electrification slower than neighbours

How is it going with the electrification of company car fleets in Germany, and how does this compare to its Northern European neighbours, the Netherlands and Sweden? To answer that question, a comparative study was commissioned by the energy ...

Looking good: Polestar posts financial results for 2022

Sales and deliveries are up for Polestar. The EV maker posted a total revenue of 2.5 billion dollars in 2022 and delivered a total of 51,491 vehicles last year – an increase of 84 and 80 per cent, respectively. ...

EV registrations in Germany surpass one-million mark

It is official. The number of purely electrically powered passenger cars in Germany has exceeded the one million mark. This is according to the official figures now published by the Federal Motor Transport Authority (KBA). According to KBA, there ...

EV sales pick up again in Norway over February

After an extremely weak January, electric car registrations in Norway have returned to their usual level: 6,183 new electric cars were registered there in January. By far the best-selling model was the Tesla Model Y. After the upward outlier ...

Rivian falls deeper into debt

The US electric car start-up Rivian has presented its annual report for the fourth quarter and the full year of 2022. While revenues are increasing along with the deliveries of the vehicles, due to scaling production costs, losses have ...

Nikola sales are down in the fourth quarter

US truck manufacturer Nikola Motor has reported its fiscal 2022 results. Sales totalled 50.8 million dollars last year, while the company reported 784 million dollars in losses. Especially the year-end performance is striking: In the fourth quarter of 2022, ...

Lucid is still in the red, but sales up

US electric car maker Lucid Motors has released its fourth quarter and full-year 2022 financial results. The company posted a billion-dollar loss for the year, but revenue growth is in line with deliveries. Lucid reported revenue of 257.7 million ...

Alternative powertrains dominate the bus world

In 2022, 62% of all city buses in Europe were driven with an alternative powertrain. For over ten years, Wim Chatrou of Chatrou CME Solutions has been observing and analysing the European bus market. The two big surprises from ...

China’s NEV sales drop over January

The year is also off to a weak start in China, where around 408,000 new energy vehicles (NEVs) were sold in January 2023, almost 50 per cent fewer than in December 2022 and 6.3 per cent fewer than in ...

Norwegian customers buy significantly less cars than usual

Less than 2,000 passenger cars were newly registered in Norway in January; some 6,000 fewer than in the same month last year. This comes after Norway hit a new record in December, with 32,714 newly registered batter-electric passenger cars ...

Tesla doubles profit over 2022, takes aim for 1.8 million vehicles in 2023

Tesla more than doubled its profit to 12.6 billion dollars in 2022. In addition to several financial records at quarterly and annual levels, two news bits are notable in the annual report: the cyber truck is to go into ...

The Future of Connected Navigation

As automakers continue their push to deploy software-defined cars, the importance of placing navigation systems at the forefront of digital cockpits is increasing in value. Find out which challenges OEMs are facing when building digital cockpits and how location ...

Intelligent Speed Assistance for Safer Driving

As we move into the era of connected and autonomous vehicles, automakers are embracing driver assisting technologies for a simpler, more enjoyable and safer driving experience. With the goal of reducing the number and severity of road incidents, Intelligent ...

Shaping the Future of Automated Driving

As automated driving continues to advance, location platforms that use anonymized sensor data to build customized digital maps will become a crucial component. Download the white paper to uncover what makes location intelligence and digital maps a key element ...

The edge of tomorrow: The impact of 5G MEC and location on the automotive industry

Combining 5G networks with Multi-Access Edge Computing (MEC) can deliver the computing and network performance that can serve even the most demanding applications in the emerging automated world. Download our eBook to learn how 5G networks supports location technology ...

Boosting awareness, comfort and safety of drivers through ADAS

Automated driving technology is advancing fast, but today’s assistance features aren’t always trusted. HERE Technologies outlines how using location services and data can help automakers improve the reliability of ADAS and generate more trust in automated driving.Explore the eBook ...

Electrify America charging sessions quintupled in 2021

Electrify America has provided an update on EV charging in the US that underscores the rapid expansion of the segment. The Volkswagen subsidiary recorded 1.45 million EV charging sessions in 2021, over five times more than in the previous ...

7,207 new battery-electric cars registered in Norway over April

In Norway, 7,207 new electric passenger cars were registered in April, which corresponds to a share of 74.1 per cent among all new passenger car registrations for the month. In addition, 982 new plug-in hybrids were registered. In the ...

BYD increases quarterly profit by 241%

BYD posted a net profit of 808 million yuan (116 million euros) in the first quarter of 2022, up 241 per cent from the same quarter last year. Sales increased by 63 per cent to 66.8 billion yuan. The ...

German manufacturers behind the locals on Chinese NEV sales

The German premium manufacturers BMW, Mercedes-Benz and Audi are clearly behind the Chinese brands in the sale of electric cars in China. The number of all-electric cars sold in China in 2021 was 2.73 million, of which Mercedes-Benz, BMW ...

BMW Admits To Collecting Data From Owners, But Only With Approval

With cars becoming rolling computers, our privacy is in danger. Much like smartphones, a modern infotainment system is always connected to the Internet. This makes us vulnerable to hacks as wrongdoers are exploiting software glitches to obtain personal data. ...

NEV sales continue to rise in China

455,000 New Energy Vehicles were sold in China in March, 122.4 per cent more than in the same month last year and 43.6 per cent more than in February 2022, making March the strongest month of 2022 so far. ...

CAM report shows Tesla as top e-mobility innovator

Within the framework of the annually updated ‘Electromobility Report 2022’ of the Center of Automotive Management (CAM), Tesla scored best by a clear margin. Volkswagen and Hyundai follow in second and third place for BEV innovations. For the report, ...

Mercedes triples EV sales over Q1 of 2022

Mercedes-Benz increased its sales of electric cars and plug-in hybrids by 37 per cent to 67,800 units in the first quarter of 2022. Sales of the fully electric EQ models more than tripled to 21,900 (+210 per cent). The ...

General Motors slow on the (electric) takeup

General Motors has some ambitious plans to ramp up production of electric vehicles. At present, however, there is not much to be seen of this: GM delivered just 457 electric vehicles in the US in Q1 2022. The total ...

Norway registered 13,983 new BEVs in March

A total of 13,983 new electric passenger cars were registered in March in Norway. This corresponds to a market share of 86.1 per cent of all new passenger car registrations in the month. In addition, there were 947 new plug-in ...

Tesla achieves delivery record in Q1 of 2022

Tesla delivered 310,048 electric cars in the first three months of the year, more than in any previous quarter. Production fell minimally from the fourth quarter of 2021 to 305,407 vehicles. But the second quarter is starting off with ...

Dutch Forensic Lab Says It Has Decoded Tesla's Driving Data: Report

The Dutch government’s forensic lab said on Thursday it had decrypted electric carmaker Tesla Inc’s closely guarded driving data-storage system, uncovering a wealth of information that could be used to investigate serious accidents. It was already known that Tesla ...

Fastned marks over a million charging sessions in 2021

The Dutch fast-charging provider Fastned recorded 70 per cent more charging transactions at its stations last year, breaking the one million charging transactions mark in one year. Fastned continues to be profitable in its operating business. This was made ...

Xpeng annual figures show increased losses

Shortly after Nio, another Chinese electric car manufacturer, Xpeng, has now presented its business figures for 2021. Xpeng was able to outperform its competitor Nio in terms of deliveries. However, while Nio was able to stem its losses over ...

Nio’s new business figures show growth over 2021

The Chinese electric car manufacturer Nio has presented its preliminary business figures for 2021. Annual sales amounted to approximately 36.1 billion yuan (5.2 billion euros), an increase of 122.3 per cent compared to the previous year. The company was ...

How to Monetize Vehicle Data Thanks to In-car Technologies

The stream of data from vehicles is expanding year by year. If you want to monetize data and open new sources of income for your company, you need to develop a coherent and well-thought-out strategy. That’s why you need ...

Hubject & ev.energy strike data sharing deal

Hubject and ev.energy have entered into a global strategic partnership that combines ev.energy’s smart home charging network services with Hubject’s eRoaming data and consulting services. This will harmonise data and further automate processes within and between companies, according to ...

China’s February NEV sales rise by 189%

In February, 317,000 New Energy Vehicles were sold in China. Compared to the same month last year, sales increased by 189 per cent. The ratio of plug-in hybrids and battery-electric cars within the NEV category remained nearly constant. While the ...

6,160 BEVs were sold in Norway in February

In Norway, 6,160 electric passenger cars were newly registered in February, which corresponds to a share of 75.6 per cent of all passenger car registrations in the month. The most successful model in February in Norway was the Hyundai ...

What You Need to Know About Data Security and Your Smart Vehicle

Photo : Nick Fewings on Unsplash With the advent of smart vehicles, our cars are becoming more and more like computers on wheels. This raises a lot of questions about data security and privacy. What happens if someone hacks ...

China marks over 400,000 NEVs sold in January

In China, 412,000 new energy vehicles (NEVs) were sold in January 2022. This was 141 per cent higher than in January 2021 for electric cars, plug-in hybrids and fuel cell cars, with battery-electric cars, in particular, making gains. With the ...

CATL outgrows the battery competition

CATL was the world’s largest manufacturer of batteries for electric cars for the fifth consecutive year in 2021, according to figures from market research firm SNE Research. With an installed capacity of 96.7 gigawatt-hours, CATL achieved a 32.6 per ...

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