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Xiaomi EV is revving up production by increasing supply chain orders by 80%. The electric vehicle unit aims to meet the target of delivering 100,000 units annually. Customers face a 30-37 week wait for deliveries of the SU7 model due to high demand. Xiaomi's Founder advises considering alternatives like Luxeed S7, Nio ET5, and Xpeng P7. The company's Porsche-like design and affordable prices have garnered significant acceptance in the market. Source

Leapmotor International, a joint venture between Leapmotor and Stellantis, is set to start selling electric vehicles in Europe this September. The partnership aims to expand to 200 sales locations by year-end and venture into global markets by the fourth quarter. Stellantis' investment in Leapmotor strengthens their business model, with plans for new product launches in China and global sales leveraging Stellantis' extensive dealer network. For more details, check out the full article! Source

BYD's new electric hot hatch, temporarily named "Seal X," reveals key specs and pricing, ranging from $A32,000 to $A42,000 in China. The performance-focused model offers two power configurations, with a top speed of 200 km/h, powered by a Lithium Iron Phosphate battery. Built on the e-Platform 3.0 EVO, faster motors and charging speeds are expected. Production starts in Q3, with the Seal X joining BYD's sportier lineup. Source

The 19th week in China's EV market saw BYD topping the charts with 68,500 registrations, followed by Tesla (9,800) and Nio (4,400). While BYD and Nio saw increases, Tesla and Xiaomi experienced dips in registrations. Li Auto resumed publishing data, with GAC Aion and Li Auto showing impressive growth. Xiaomi's struggles continued, despite high locked-in orders for the Xiaomi SU7 sedan. Production challenges at their new Beijing factory may explain the lower registration numbers. Source

Einride and DP World team up to revolutionize Middle East's freight mobility with the largest electric truck fleet. In a partnership at Dubai's Jebel Ali Port, 100 electric trucks powered by Einride's Saga software aim to enhance container transfers and cut CO2 emissions significantly. Plans are in place to scale up to 1,600 transfers daily by 2024 and introduce autonomous freight routes by 2025. The collaboration focuses on sustainability, innovation, and reshaping transportation in the region. Source

Stellantis and Leapmotor have kicked off their new joint venture, "Leapmotor International," to introduce Chinese EVs in Europe this fall, expanding further into additional markets later. Stellantis made a substantial investment in Leapmotor last fall, securing a 20% stake and establishing the joint venture to sell Leapmotor's EVs internationally. The joint venture, led by former Stellantis China executive Tianshu Xin, plans to launch family-friendly and urban commuter models first in nine European countries by September 2024, with more global expansion on the horizon. Source

Isuzu partners with Cummins to introduce electric F series trucks in 2026. Details remain sparse, but the fleet is set to feature next-gen lithium iron phosphate batteries for zero-emission solutions. The collaboration signals Isuzu's venture into medium-duty EVs, hinting at adaptability in the evolving commercial truck market. Stay tuned for specs and photos as the release date approaches. What's your take on this electrifying development? Source: Electrek. Source

Genesis is shaking up the luxury EV market in the US by outpacing rivals like Porsche and Land Rover. With a focus on electric vehicles, Genesis is rapidly expanding its presence in new states and setting its sights on double-digit sales growth. The brand's sleek designs and high-quality electric models, like the GV60 and Electrified GV70, are driving its success. Genesis recently unveiled the Neolun concept for a luxury electric SUV and introduced the high-performance Magma brand. Source

Tesla faces a talent exodus as a top AI engineer, Paril Jain, leaves to co-found 'The Bot Company'. Jain's exit follows major layoffs causing low morale within the company. Known for his work on Tesla's autonomous driving, Jain's departure raises concerns about the company's ability to retain talent. Despite Jain's positive words about Tesla, his move highlights the challenges facing the automaker in retaining top engineering talent amid ongoing organizational changes. Source

Scout Motors, resurrected by VW Group, is set to unveil an electric pickup truck and SUV in summer 2024. Tailored for American tastes in big 4X4s, the EVs will feature physical buttons, a departure from the trend of screen-dominated interiors. With a rich heritage dating back to the 1960s, Scout aims to stand out in the competitive electric SUV and pickup market. Stay tuned for more updates! Source