On June 25th, the electric vehicle battery manufacturer SK On announced that it has signed a memorandum of forgiveness with an unreasonable understanding with US energy giant EXXONMOBIL. Battery supply chain in the area. According to the memorandum of understanding signed by the two parties, SK On can choose a many years of agreement, and then obtain a lithium of up to 100,000 tons from ExxonMobil in the Akrisan project. However, the two parties have not announced more details for the time being, such as the contract cycle and specific supply, and these details will be discussed in […]
Industry data showed that in May, UK car production was 69,652 units, down 11.9% year-on-year. This is the third consecutive month of decline in UK car production, mainly due to automakers reducing production of existing models and gradually shifting more factories to electric vehicle production. Reasons for the continued decline According to a report by the Society of Motor Manufacturers and Traders (SMMT), the decline in demand for traditional fuel vehicles and global supply chain issues have led to a decline in production. In addition, many automakers are re-adjusting their production lines to prepare for the new era of electric vehicles, and this transition process inevitably leads to a […]
On June 26, Rimac, a well-known Croatian electric supercar and parts manufacturer, released a new self-driving taxi concept car and announced the establishment of a dedicated self-driving taxi service company. This major move marks Rimac’s official entry into the field of autonomous driving and shared travel, and plans to launch the service in 2026. At the press conference, Rimac showcased its latest self-driving taxi concept car. This car combines Rimac’s technical advantages in high-performance electric vehicles with cutting-edge autonomous driving technology, and its design focuses on passenger comfort and safety. The car is equipped with an advanced entertainment system and a spacious seat layout, aiming to provide passengers with […]
Volvo Cars recently announced that the delivery of its highly anticipated electric SUV model EX30 in the United States will be delayed. The EX30, which was originally scheduled to start delivery in the second half of this year, has now been postponed to early next year. Reason for the delay Volvo said that the delivery delay was mainly due to supply chain issues and production delays. In recent years, the global automotive industry has been facing challenges such as chip shortages and logistics bottlenecks, which have also affected the production and delivery of EX30. A spokesperson for Volvo explained: “We are doing everything we can to resolve these issues […]
Tesla is expected to have another tough quarter as expectations for its electric vehicle deliveries decline, according to foreign media reports. Last quarter, Tesla had delivery difficulties, delivering only 386,810 vehicles, a 20% decrease from the previous quarter and an 8.5% decrease from the previous year. Given Tesla’s pivotal position in the electric vehicle industry, the company’s sales decline has also dragged down overall electric vehicle sales, especially in the US market. In the first quarter, Tesla encountered some practical problems that affected production, such as the production line transformation and upgrade of Tesla’s Fremont factory to increase production of the new Model 3; in addition, the Berlin […]
According to foreign media reports, the Hyundai Automobile Company Korean Trade Union stated on June 24 that after the company’s negotiations that increased wages and extended their retirement age with the company fell into a deadlock, the union members decided to take a strike through voting. The union is one of the largest unions in South Korea and has more than 43,000 members. The union stated that nearly 90%of members have approved that if modern cars do not accept the requirements of the union, they will take strike. The new […]