Lucid Posts Q1 Loss Despite Revenue and Production Rise
Lucid Group posted Q1 2026 revenue of $282.4 million, up 20% year‑on‑year, while vehicle production surged 149% to 5,500 units. Despite the top‑line growth, the electric‑vehicle maker recorded a net loss of $1.02 billion, widening from $366 million a year earlier, driven by higher operating costs and workforce‑reduction charges. The company raised roughly $1.05 billion from a mix of convertible preferred stock, a common stock offering and a $200 million equity investment from Uber. Lucid also announced Silvio Napoli as its next CEO and expanded its robotaxi partnership with Uber to at least 35,000 vehicles.
Ford Patents Technology That Could Let Parked Cars Move On Their Own to Avoid Impacts
Ford has secured U.S. patent US‑12617393‑B2 for a system that detects moving objects near a stationary vehicle and, after issuing visual or audible warnings, can autonomously drive the car to avoid a collision. The filing, dated December 2023 and published in...
InfiMotion’s Magnesium-Aluminum Alloy Dual Motor Assembly Claims 25% Weight Reduction over Aluminum
InfiMotion unveiled at the 5th International Forum on Automotive Power Systems in Shanghai a dual‑motor assembly built with a magnesium‑aluminum alloy housing. The alloy reduces system weight by roughly 25 % compared with conventional aluminum while preserving production‑grade hardness. The unit...
Greenlane Expands Electric Truck Charging Network Into Texas Freight Corridor
Greenlane announced the rollout of two high‑power electric‑truck charging stations in Dallas and Houston along I‑45, extending its public network beyond California. Each site will feature six to eight pull‑through lanes and support both CCS and the emerging Megawatt Charging...
Mercedes-Benz’s reECONIC Electric Truck Concept Demonstrates the Use of Recycled Materials
Mercedes‑Benz Trucks unveiled the reECONIC electric waste‑collection concept, built with roughly 80 percent recycled, natural or bio‑based materials across its body, chassis and interior while retaining a conventional powertrain. The project involved 33 partners and showcases recycled steel, aluminum, plastics, wood...
Kempower Launches Mega Satellite Flex with CCS and MCS Charging Support at ACT Expo
Kempower unveiled the Mega Satellite Flex, a high‑power charging dispenser that supports both CCS and MCS standards for heavy‑duty electric vehicles. The unit can deliver up to 560 kW via CCS and 1.2 MW via MCS, with 5 m and 2.7 m cable reaches...
Electric Mercedes C-Class Starts at €67,711
Mercedes‑Benz opened orders for its all‑electric C‑Class C400 4MATIC, pricing the German‑spec base model at €67,711 (about $73,800) including VAT. The sedan sits on the same MB.EA‑M 800‑volt architecture as the GLC 400 4MATIC, offering a 94 kWh battery, up to 762 km (≈475 mi) WLTP...
Ballard to Supply Fuel Cell Modules for New Solaris H2 Bus
Ballard Power Systems will equip Solaris’s next‑generation hydrogen bus with its new FCmove‑SC fuel‑cell module. The partnership, which began in 2019, previously used the 70 kW FCmove‑HD and 100 kW FCmove‑HD+ modules for the 12‑metre and 18‑metre Urbino models. Ballard’s order for...
More than Just an SUV? Rivian Is Working on More R2 Variants.
Rivian is preparing multiple variants of its upcoming midsize R2 electric SUV, including a potential R2X crossover. The company aims to introduce a $45,000 version with a smaller battery as early as next year, while additional configurations could roll out...
China Now Biggest Player as Electric Cars Surge and ICE-Only Sales Slump in Australia
In April 2026 battery electric vehicles (BEVs) captured nearly 17% of Australia’s new‑car sales, pushing internal‑combustion‑only (ICE) sales down to 52.5%. The rise of BEVs, plug‑in hybrids and conventional hybrids means electrified powertrains now account for almost half of all...
Jaguar to Announce Type 00 Production Name Next Week
Jaguar will announce the production name of its upcoming electric grand tourer, currently known as Type 00, next week. The vehicle, built on the new Jaguar Electric Architecture, is set to debut in September and will feature a tri‑motor layout delivering...
Renault 5 E-Tech Electric Tops UK EV Sales in April 2026
Renault’s 5 E‑Tech electric topped UK EV registrations in April 2026, capturing more than 49% of the brand’s passenger‑car sales. The model’s on‑road price starts at £21,495 (≈$27,300) and qualifies for the UK electric‑car grant, making it one of the most...
Zeekr 7X Becomes Best-Selling Premium SUV, and Claims Thousands More Orders
Zeekr reported 973 deliveries of its 7X electric SUV in April, placing the model third in Australian EV sales behind the Tesla Model Y and BYD SeaLion 7. Year‑to‑date sales now total 2,698 units, while the order backlog has swelled to over...
Ford to Sell Part of Valencia Plant to Geely to Build New Crossover - Report
Ford is negotiating to sell the Body 3 assembly hall of its Valencia plant to China’s Geely, allowing the Chinese automaker to produce its first Europe‑built crossover. The Valencia facility, capable of 300,000 units annually, currently only builds the Kuga, leaving...
Inside VinFast’s Hanoi Ecosystem, Where VinBus Operates 600 E-Buses (Out of 2,000 Running in Vietnam)
VinFast now runs about 2,000 electric buses across Vietnam, with its sister firm VinBus operating roughly 600 of them in Hanoi and three other cities. The Hanoi Ocean Park depot can accommodate 100 buses and features 40 fast chargers capable...
BYD Overtakes Tesla and BMW to Become the UK’s Best-Selling EV Brand
Chinese automaker BYD has become the UK’s top-selling electric‑vehicle brand in 2026, moving 12,754 fully electric cars and overtaking Tesla, BMW, Kia and Volkswagen. Including its plug‑in hybrids, BYD’s total New Energy Vehicle deliveries reach 26,396 units, delivering a 9.5%...
New Battery Design for Longer-Range EVs
University of Surrey researchers unveiled a silicon‑coated carbon‑nanotube (VISiCNT) anode that can be produced via roll‑to‑roll manufacturing in just seven minutes. The design delivers up to 3.5 Ah kg⁻¹ (≈3500 mAh g⁻¹) reversible capacity, far surpassing the 370 mAh g⁻¹ of conventional graphite anodes, while maintaining...
IBTTA and 5GAA Sign Agreement on V2X Tolling
At the IBTTA Technology Summit in Orlando, the 5G Automotive Association and the International Bridge, Tunnel and Turnpike Association signed a memorandum of understanding to explore vehicle‑to‑everything (V2X) enabled tolling. The agreement sets a framework for joint technical, testing and...
Smaller Modules but with Greater Power
Texas Instruments introduced IsoShield, a packaging technology that integrates a planar transformer and isolated power stage into a single System-in-Package. The UCC34141‑Q1 module delivers up to three times the power density of traditional discrete solutions while shrinking the footprint by...
Lithium Metal Battery Tops 1270 Wh/L
Researchers from POSTECH, KAIST and Gyeongsang National University have demonstrated an anode‑free lithium‑metal pouch cell that reaches a volumetric energy density of 1,270 Wh/L, roughly double the ~650 Wh/L of today’s lithium‑ion EV batteries. The breakthrough relies on a reversible host infused...
New Chassis and Powertrain Event to Launch at Vehicle Tech Week North America 2026
Vehicle Tech Week North America 2026 will debut the Advanced Chassis & Powertrain Showcase, a new exhibition dedicated to system‑level chassis and powertrain engineering. The three‑day event runs Oct. 27‑29, 2026 at the Vibe Credit Union Showplace in Novi, Michigan, alongside...
Indonesia Reverses Decision to Cut BEV Incentives
Indonesia’s government has scrapped Home Ministry Regulation No. 11/2026, which would have imposed motor vehicle and ownership transfer taxes on battery electric vehicles (BEVs). The reversal restores the tax‑exempt status that had been a cornerstone of the country’s EV push....
Hevo Explores Foxconn Tie-Up for Wireless EV Charging Production
Hevo, a wireless electric‑vehicle charging startup, has entered preliminary talks with Foxconn Interconnect Technology (FIT) to explore high‑volume manufacturing of its Rezonant charging‑pad hardware. The discussions are at the technical validation and design‑for‑manufacturability stage, with no production timeline confirmed. Hevo’s...
Honda Scraps Plan to Build BEV Plant in Canada
Honda Motor announced it will postpone indefinitely its CAD 15 billion (US$ 11 billion) battery‑electric‑vehicle plant in Ontario, Canada. The move follows the Trump administration’s rollback of up to US$ 7,500 BEV purchase incentives, which weakened demand in the United States. Honda also cancelled plans...
Rivian May Build Its Own Lidar Sensor For The R2 In The U.S.
Rivian is exploring the domestic production of solid‑state lidar sensors for its upcoming R2 midsize electric SUV, aiming to launch lidar‑equipped models in late 2026. CEO RJ Scaringe said the company is in active talks with Chinese lidar manufacturers and...
Tesla Semis Are About to Hit the Road. That’s Good News for California.
Tesla has begun high‑volume production of its Semi at the Sparks, Nevada plant, delivering a Class 8 electric truck with up to 500 miles range and a median price just under $300,000. California’s HVIP program received 965 voucher applications for the Semi,...
BMW Reaches 2 Million EV Milestone as Dingolfing Plant Takes Center Stage
BMW announced that its Dingolfing plant has produced the two‑millionth battery‑electric vehicle, a high‑performance i5 M60 xDrive in Tansanit Blue bound for Spain. The milestone follows the launch of the iX in 2021 and reflects the brand’s rapid EV rollout,...
Beyond Electrification: India’s EV Push Hinges on Power Storage, Critical Minerals, and Grid Readiness
At the Maharashtra Business Summit 2026, Indian policymakers and industry leaders warned that the country’s electric‑vehicle ambition hinges on three pillars: secure critical minerals, large‑scale energy storage, and a grid capable of handling renewable intermittency. The government unveiled a ₹34,000 crore...
Truckmaking Giants Favour Shareholder Payouts Over-Investing Into the Zero-Emission Transition
European truckmakers are increasingly allocating a larger share of revenue to shareholder payouts than to zero‑emission research, according to a Profundo analysis of 2019‑2025 reports. In 2025 average payouts reached 4.9% of revenue, overtaking R&D which fell to 4.4%, with...
Nexa’s Decade of Drift
Maruti Suzuki’s premium sub‑brand Nexa marks a decade with mixed results, as its contribution to total sales slipped to 27.6% in FY26 and unit volumes fell to 503,881 units. The brand’s portfolio is heavily skewed, with Baleno, Fronx and Grand Vitara...
Smarter EV Charging On The Way
New Zealand will require all electric‑vehicle chargers over 2.4 kW to include smart functionality and clear labeling, enabling automatic shifting to off‑peak, cheaper electricity. The policy aims to curb a projected 40 % rise in household peak demand and could save households...
Advocates Host Press Conference Outside Las Vegas Advanced Clean Transportation Expo, Calling for Faster Transition to Electric Trucks
Environmental and health advocates staged a press conference outside the Las Vegas Advanced Clean Transportation Expo, urging a rapid shift to electric trucks. They singled out Volvo and Daimler for greenwashing and lobbying against stricter clean‑truck standards. Speakers highlighted the...
The Driven Podcast: EV Sales Surge, FBT Survives, and Petrol Starts to Wobble
The Driven Podcast highlighted a record month for electric‑vehicle (EV) sales in Australia, with the Australian Capital Territory (ACT) achieving an unprecedented 34 percent EV share. The episode explored the next phase of the federal EV tax credit and its potential...
Ford Teases The Affordable EV Of The Future, But Where’s The Beef?
Ford has launched a secretive skunkworks effort in Long Beach, California, to build a low‑cost, high‑volume electric vehicle platform. The 350‑person team is equipped with rapid‑prototype tools that can produce full‑size parts in under a day, aiming to debut a midsize...
EV Pickup Boom Gains Momentum
Thailand’s electric pickup market accelerated in Q1 2026, with sales soaring 227% to 314 units as diesel prices jumped to 40.80 baht per litre (about $1.14). The government’s EV 3.5 incentive scheme, offering tax cuts and subsidies, is boosting both commercial fleet and...
Adient PLC (ADNT) Q2 2026 Earnings Call Transcript
Adient plc reported Q2 2026 revenue of $3.6 billion, a 4% year‑over‑year increase primarily from favorable European FX, and adjusted EBITDA of $207 million, lifting its margin to 5.7%. Free cash flow hit $15 million, prompting the company to raise full‑year guidance to...
Tesla FSD Hits Major Speedbump with EU Regulators
Tesla secured Dutch approval for its supervised Full Self‑Driving (FSD) system after 1.6 million kilometres of testing, marking the first EU member state to green‑light the technology. The approval covers a European‑specific version that mandates hands‑on steering, stricter eye‑tracking and limited...
Peugeot E-408
Peugeot finally launched the e‑408 in 2026 after a three‑year delay, pricing it at £43,655 (≈$55,900) – just £1,500 above the mild‑hybrid 408 and £4,500 below the plug‑in version. The lift‑back crossover packs a 58 kWh battery, 210 bhp motor and a...
Lucid Motors Doesn’t Know How Many EVs It Will Build This Year
Lucid Motors announced it can no longer confirm how many electric vehicles it will produce or sell in 2026, pulling its earlier guidance of 25,000‑27,000 units. The shift follows a CEO transition and a 12% workforce reduction that will cost...
EV Li-Ion Batteries Market Set to Reach US$320 Billion by 2036
The global lithium‑ion battery market for electric vehicles is forecast to grow from $170 billion in 2026 to $320 billion by 2036, a 6.5% CAGR. Growth is driven by booming BEV sales in China, rising adoption in Europe, and a projected 4,500 GWh...
Outlook for Wide Bandgap Semiconductors: Explainer Video
The IDTechEx explainer video reviews the outlook for wide‑bandgap semiconductors—silicon carbide (SiC) and gallium nitride (GaN)—and their expanding role in power electronics for data centers, renewable‑energy systems, and electric vehicles. It outlines the current state of commercialization and presents a...
This EV Charger System Runs Like a Mini Power Plant – up to 10 MW
ABB E‑mobility unveiled its OM X‑Series, a distributed EV‑charging platform that can deliver up to 10 MW from a single site and power more than 100 fast‑charging points. The system uses liquid‑cooled silicon‑carbide converters, maintains over 98 % conversion efficiency in continuous...
Lucid (LCID) Will Adjust EV Production After Ending Q1 with Bloated Inventory
Lucid reported a 149% jump in first‑quarter production to 5,500 EVs, yet deliveries fell short at 3,093 due to a February seat‑supplier disruption that inflated inventory. The issue has been resolved, and March sales rose 14% year‑over‑year. Revenue reached $282.5 million,...
Volvo Trucks Tackles EPA 2027 with ‘Most Efficient’ D13 Engine Yet
Volvo Trucks North America unveiled its next‑generation D13 13‑liter engine, designed to meet the EPA’s 2027 rule that cuts NOx emissions by 80 %. The powertrain delivers up to 540 hp, 1,950 lb‑ft of torque and a record 630 braking hp while preserving the VNL’s...
BorgWarner Wins Three Electric Motor Contracts in China and South Korea for BEV, PHEV and Hybrid Programs
BorgWarner announced three new electric‑motor contracts in Asia, covering a battery‑electric SUV in South Korea and two distinct hybrid programs in China. The South Korean deal supplies a stator assembly for a B‑segment electric SUV slated for production in September 2027....
Lucid Misses Revenue Expectations After Delivery Disruptions
Lucid Group reported first‑quarter revenue of $282.5 million, well below the $389.2 million analysts expected. A seat‑supplier quality problem halted Gravity SUV deliveries for 29 days in February, limiting deliveries to 3,093 vehicles despite producing 5,500. The automaker reaffirmed its 2025 production...
VTNA Unveils EPA 2027-Compliant D13 Engine
Volvo Trucks North America unveiled a D13 engine that meets the pending 2027 EPA nitrogen‑oxide emissions rule of 35 mg/hp‑hr. The power unit, offered on the VNL and VNR Class 8 trucks, delivers up to 540 hp and 1,950 lb‑ft of torque across 13...
Volkswagen Becomes Rivian’s Top Shareholder, Displacing Amazon
Volkswagen has become Rivian’s largest shareholder, increasing its stake to 15.9% and overtaking Amazon. The German automaker pledged $5.8 billion, released in milestones, to fund a joint venture focused on EV architecture and software. Rivian secured an extra $1 billion after completing...
Honda Shelves $11B Canada EV Factory as Its Electric Retreat Deepens
Honda has officially shelved its C$15 billion ($11 billion) electric‑vehicle and battery complex in Alliston, Ontario, turning a two‑year pause into an indefinite retreat. The move follows a $15.7 billion EV writedown, the cancellation of three U.S. EV models and the termination of...
Download Trend Paper: Supercharging Data Connectivity to Meet Next-Generation Automotive Expectations
TE Connectivity has published a trend paper outlining how data connectivity must evolve to support next‑generation automotive experiences. Consumers now expect personalized, autonomous, and highly connected vehicles, driving demand for more compact, high‑resolution cameras. These cameras require connectors that can...