Dongfeng Motor Company Limited (DFL), the Chinese joint venture between Dongfeng and Nissan, is planning to launch ten new electrified models by 2026 and also intends to export its vehicles from 2025.
Mercedes-Benz and BMW are planning to set up and operate a joint fast-charging network in China. Mercedes-Benz Group China and BMW Brilliance Automotive want to establish a 50:50 joint venture for this purpose and start the rollout next year.
Honda is raising its sales target for electric two-wheelers by half a million units by the end of this decade. The new target is to be achieved with significantly cheaper models - also thanks to LFP cells.
Nio and Geely have announced they will now be cooperating on battery standards, battery swapping technology, battery swapping network expansion and operation, swappable model development, and battery asset management. Both companies are committed to making their models compatible with each other’s systems.
The US government is considering granting car manufacturers a temporary exemption from new regulations for battery materials sourced from abroad. This would allow electric cars with such batteries to benefit from the full tax credit of USD 7,500 for longer than previously planned.
Lotus Technology, the electric car division of Geely subsidiary Lotus, has raised further capital ahead of its planned IPO and also presented a range of its own charging solutions. These are also set to come to Europe next year.