Chinese electric car maker Zeekr, a subsidiary of Geely Holding which also owns Volvo, is reportedly considering an initial public offering (IPO) to raise approximately $500 million. Zeekr, known for its fast-growing brand exclusively focused on electric vehicles, is seeking funds to compete in the highly competitive Chinese market. The IPO plans were initially discussed […]
The introduction of the GMC Hummer EV, featuring General Motors’ pioneering Ultium Drive electric motor, has proven to be a resounding success. General Motors dedicated extensive efforts to crafting this model, imbuing it with immense power and cutting-edge features. As a result, sales have skyrocketed in 2024, experiencing an astounding growth rate of 83,300% in […]
The recently launched Zeekr 001 has claimed the prestigious title of the fastest-charging electric car, showcasing remarkable peak power capabilities. Equipped with a 95 kWh CATL Shenxing battery, the Zeekr 001 charges from 10% to 80% in a mere 11 minutes and 28 seconds, while simultaneously extending its driving range by an impressive 473 kilometers. […]
Tesla electric car shares of the maker fell 29% in the first three months of the year, marking the worst quarter for the company’s stock since the end of 2022 and the third worst quarter since Tesla went public in 2010. At the same time, Tesla’s capitalization decreased by $200 billion. The company had the […]
Zeekr is proudly touting the impressive number of orders received for its latest model, the Zeekr 001. Within a month, the company has accumulated a substantial 30,000 orders, and just yesterday, they announced an additional 2,500 orders placed in a single day. While the demand for the Zeekr 001 is undoubtedly significant, it pales in […]
Toyota plans to introduce an all-electric version of its popular Toyota Hilux Revo BEV by the end of 2025. The automaker is currently testing several electric Hilux vehicles in the Thai resort town of Pattaya before moving forward with production. While Toyota has been cautious with electric powertrains, this move demonstrates its commitment to embracing […]
Introduction Zero Motorcycles, in collaboration with HUGE Design, has unveiled the SR-X, a custom-built electric motorcycle that combines style and performance. This unique bike is part of Zero’s “Design the Future” program, which aims to push the boundaries of electric motorcycle design by bringing together talented designers and engineers in the industry. SR-X Features and […]
Electric Motorcycle EGERA Introduction Italian startup Positive Motorcycles, based in Como Lake, is gearing up to launch its highly anticipated electric motorcycle, the EGERA, in 2024. The company has been diligently working on the development of the motorcycle for two years, and the prototype is now ready for testing and public demonstrations. With a focus […]
In a remarkable feat, Xiaomi managed to sell nearly 90,000 units of the Xiaomi SU7 electric sedan in just one day. However, it’s important to note that the deposit for the car, which amounts to $695, can only be refunded within a limited timeframe. Originally, the deposit could only be returned within a few days. […]
Ducati has recently provided a glimpse into its first electric motorcycle, currently known as the V21L. Although the bike is still undergoing development, the Italian manufacturer has shared some key specifications with the public. The electric motor of the Ducati V21L generates an impressive 148 horsepower and 140 Nm of torque. To ensure optimal performance […]