
Electric bike maker Tenways has filed for a main‑board listing on the Hong Kong Stock Exchange, backed by investors such as Hillhouse Ventures, Tencent and Alibaba. The company’s revenue rose from €48 million in 2023 to €61 million in 2024, with gross margins above 30% and a first‑half 2025 profit of €1.24 million. Its CGO800S commuter model sold over 50,000 units and earned a German Design Award, helping Tenways secure a presence in 1,400 retail stores across 29 European countries. The IPO aims to fund further expansion into cargo and hybrid urban‑mobility segments.

Fiat is set to launch the Topolino, a $12‑13k electric quadricycle, in the United States later this year. Based on the Citroën Ami, the two‑seat vehicle offers a 5.5 kWh battery, about 45 km range, and a top speed of 28 mph, positioning...

Trek Bicycle Corporation and its sister brand Electra are recalling nearly 20,000 e‑bikes sold in the United States due to a rear‑wheel bolt defect that can cause the wheel to separate. The recall targets specific 2026 model‑year FX+ 1, FX+ 1S, Townie Go! Step Thru...

A year‑long trial in Montreal examined 200,000 km of diesel Freightliner Cascadia and its battery‑electric counterpart, the eCascadia, across two Canadian fleets. The analysis found that electric Class 8 trucks can generate roughly $157,000 in savings per unit over a six‑year...

Xiaomi unveiled the Vision Gran Turismo electric supercar concept at Mobile World Congress 2026 in Barcelona, becoming the first Chinese automaker to join the iconic Gran Turismo program. The low‑slung vehicle rides on Xiaomi’s 900 V silicon‑carbide platform and is touted...

Lectric eBikes’ best‑selling budget XP line owes its success to former mountain‑bike racer Luis Cerna, now product manager. Cerna leverages racing‑derived insights on handling, acceleration, and braking to refine the folding commuter e‑bike despite its low price under $1,000. The...

The latest Electrek Podcast recaps a turbulent week for Tesla, highlighting the departure of the Cybercab program manager and Elon Musk’s threat to halt the Giga Berlin expansion over a union vote. It also spotlights Donut Lab’s solid‑state battery that...

Toyota has been spotted testing a camouflaged SUV in Thailand that shares its underpinnings with the newly unveiled ninth‑generation Hilux BEV pickup. The electric Hilux, slated for a European launch in April, features a 59.2 kWh battery delivering up to 257 km...

Genesis is set to launch its first ultra‑luxury minivan exclusively for the Chinese market, with production slated for 2029 through local partners. The model is expected to be an extended‑range electric vehicle and will be built in China to avoid...

Victor Nechita, the vehicle program manager who shepherded Tesla's purpose‑built Cybercab from concept to the first production unit at Giga Texas, has left the company. His departure follows a wave of senior program‑manager exits that have hit the Model 3, Model Y,...
Elon Musk delivered a pre‑recorded video to Tesla’s 10,700 Giga Berlin workers, warning that the plant’s planned expansion will be halted if the IG Metall‑aligned works council gains influence. The threat follows a series of legal battles, an anti‑union concert, and...

BYD announced a New Year promotion that slashes EV prices and adds 0% financing for three years, with daily payments as low as 29 yuan (about $4.20). The move comes after five consecutive months of declining sales, with global NEV...

Tesla has filed a 167‑page, five‑count opposition at the USPTO’s Trademark Trial and Appeal Board to block French beverage wholesaler UNIBEV’s “Cybercab” trademark. The filing alleges fraud, bad‑faith intent, likelihood of confusion, dilution, and false association with Tesla’s existing CYBER‑...
Japan’s Itochu Corp announced it will raise its ownership in Hitachi Construction Machinery NV from 20.4% to 33.4%, aiming to accelerate the equipment maker’s expansion in key markets such as North America. The transaction, pending regulatory clearance by April 2026,...
Chinese automakers BYD and Geely have placed a joint bid to acquire the 230,000‑unit Nissan‑Mercedes plant in Mexico, aiming to boost their North American manufacturing footprint. The plant, currently owned by a Nissan‑Mercedes joint venture, produces up to 230,000 vehicles...