electric vehicle makers

Chinese battery maker CATL has unveiled a new electric vehicle battery that it says can recharge in just six minutes and deliver a range of 1,000 kilometers. The announcement, made in China, highlights the company's push to lead the global EV battery market by tackling the two biggest consumer concerns: charging time and driving range.

Two of China's electric vehicle makers, identified as Geely and Nio, have announced a deal, the latest sign of consolidation in the country's crowded auto industry. The agreement comes as intensifying price competition and overcapacity push Chinese EV manufacturers toward mergers and partnerships to survive.

BYD is rolling out a major overhaul of its cheapest electric vehicle, and the scope of the update is larger than anticipated. The Chinese automaker, the world's top seller of EVs, is revising its entry-level model as competition in the budget electric car market intensifies. Details of the redesign and its implications for pricing and rivals are drawing attention across the auto industry.

A proposed EU bill would require electric vehicles sold in Europe to meet local-content rules, threatening Japanese automakers such as Toyota. If adopted, the 'Made in EU' legislation could raise costs or restrict market access for Japanese EVs, which rely heavily on parts and batteries made outside the bloc. Japanese industry is watching closely amid wider EU efforts to favor domestic manufacturing.

Chinese electric vehicle maker Leapmotor has passed 1,000 retail locations across Europe, marking a rapid expansion of its dealer network on the continent. The milestone underlines the company's push to scale up sales of affordable electric cars in Europe, backed by its partnership with Stellantis, and signals growing competition for established European and Asian EV brands.

Chinese automaker BYD has confirmed plans to bring an electric vehicle equipped with a solid-state battery to market in 2027. Solid-state batteries are seen as a potential breakthrough for electric cars, promising greater range, faster charging and improved safety over today's lithium-ion cells. The announcement puts BYD in the race with other manufacturers working toward mass production of the technology.

South Korean chemical maker LG Chem and German automaker Volkswagen have announced a partnership to develop new materials. The collaboration signals growing cooperation between battery and materials suppliers and carmakers as the auto industry works to secure supply chains and advance technologies such as lighter components and next-generation battery materials. Details on the scope and value of the deal have not been disclosed, but industry watchers view it as another step in deepening ties between Asian suppliers and European automakers.

Rivian and Lucid have released their latest quarterly earnings, and analysts are weighing what the results mean for the broader race among electric vehicle startups. The reports are being read as a test of whether young EV makers can control costs, sustain production and move toward profitability as competition from established automakers intensifies.

Chinese EV maker BYD says a significantly improved electric vehicle battery will arrive next year, promising better performance over current technology. The announcement puts further pressure on rivals like Tesla and CATL in the increasingly competitive battery and EV market, where battery breakthroughs on range, charging speed and cost are a key differentiator.

Faraday Future has announced a strategic transformation into a robotaxi and EAI cabin technology operator and a physical AI investment holding company. The company plans to combine its robotics business at an approximate $200 million valuation with AIxC, to be renamed FFR, for a standalone listing. The move marks a major shift in strategy for the struggling electric vehicle maker as it seeks new growth in artificial intelligence.

Chinese electric vehicle maker Nio will operate a dedicated battery swapping network for Geely's ride-hailing brand Cao Cao Mobility and robotaxi fleets, according to an industry report. The arrangement would give Geely's commercial fleets access to Nio's fast battery swap technology through a segregated network, separate from the one serving Nio's own customers, as both automakers push deeper into fleet and autonomous mobility services.