Thursday - July 3, 2025
Polestar selects Volvo Cars as development and manufacturing partner for Polestar 7 Utilising Group architectures enables access to the latest technologies, in a cost-efficient manner Polestar 7 planned to be launched in 2028 GOTHENBURG, Sweden / Jul 03, 2025 / Business Wire / Polestar (Nasdaq: PSNY) is taking the next step in diversifying its contract manufacturing footprint by expanding it to Europe. The... Read more
AUSTIN, Texas / Jul 02, 2025 / Business Wire / In the second quarter, Tesla (NASDAQ: TSLA) produced over 410,000 vehicles, delivered over 384,000 vehicles and deployed 9.6 GWh of energy storage products. Thank you to all our customers, employees, suppliers, shareholders and supporters who helped us achieve these results. Q2 2025 Production Deliveries Subject to operating lease... Read more
NEWARK, Calif., July 2, 2025 /PRNewswire/ -- Lucid Group, Inc. (NASDAQ: LCID), maker of the world's most advanced electric vehicles, today announced production and delivery totals for the quarter ended June 30, 2025. During this period, Lucid produced 3,863 vehicles and delivered 3,309 vehicles. During the six months ended June 30, 2025, Lucid produced 6,075 vehicles and delivered 6,418 vehicles.1 Lucid will host... Read more
IRVINE, Calif. / Jul 02, 2025 / Business Wire / Rivian Automotive, Inc. (NASDAQ: RIVN) today announced production and delivery totals for the quarter ending June 30, 2025. The company produced 5,979 vehicles at its manufacturing facility in Normal, Illinois and delivered 10,661 vehicles during the same period. Production was limited during the second quarter in preparation for model year 2026 vehicles expected to... Read more
34,611 vehicles delivered in June, up 224% YoY Achieved a new record quarterly deliveries of 103,181 units in Q2 2025 First-half 2025 deliveries hit 197,189 units, surpassing total deliveries in 2024 30,000+ monthly deliveries sustained for eight consecutive months GUANGZHOU, China, July 01, 2025 (GLOBE NEWSWIRE) -- XPeng Inc. (“XPENG” or the... Read more
BEIJING, China, July 01, 2025 (GLOBE NEWSWIRE) -- Li Auto Inc. (“Li Auto” or the “Company”) (Nasdaq: LI; HKEX: 2015), a leader in China’s new energy vehicle market, today announced that it delivered 36,279 vehicles in June 2025. This brought the Company’s second-quarter deliveries to 111,074. As of June 30, 2025, Li Auto’s cumulative deliveries... Read more
24,925 vehicles were delivered in June 2025, increasing by 17.5% year-over-year 72,056 vehicles were delivered in the three months ended June 2025, increasing by 25.6% year-over-year Cumulative deliveries reached 785,714 as of June 30, 2025 SHANGHAI, July 01, 2025 (GLOBE NEWSWIRE) -- NIO Inc. (NYSE: NIO; HKEX: 9866; SGX: NIO) (“NIO” or the... Read more
HANGZHOU, China, July 1, 2025 /PRNewswire/ -- ZEEKR Intelligent Technology Holding Limited ("Zeekr Group" or the "Company") (NYSE: ZK), the world's leading premium new energy vehicle group, today announced its delivery results for June 2025. In June, Zeekr Group delivered a total of 43,012 vehicles across its Zeekr and Lynk & Co brands. Of this total,... Read more
Second quarter electrified Toyota and Lexus sales make up over 46 percent of total sales volume 32 electrified vehicle options available, the most among any automaker with more in showrooms throughout 2025 PLANO, Texas, July 1, 2025 /PRNewswire/ -- Toyota Motor North America (TMNA) today reported June 2025 U.S. sales of 193,248 vehicles, up 0.1 percent on a volume basis and up 8.4 percent on a daily selling... Read more
EU M1 Type Approval Allows Avantier Commuter to be Marketed and Sold in all European Union Countries and Other Countries that have Adopted EU Vehicle Type Approvals FREEHOLD, N.J. / Jul 01, 2025 / Business Wire / Cenntro Inc. (NASDAQ: CENN) (“Cenntro” or “the Company”), a pioneering electric commercial vehicle company with advanced, market-validated, and purpose-built vehicles, today announced the launch of the... Read more
Additional Units Set for Delivery in Coming Days, Weeks, and Months HOUSTON, TX / ACCESS Newswire / July 1, 2025 / Envirotech Vehicles, Inc. (NASDAQ:EVTV) ("Envirotech," "EVT", or the "Company") is excited to announce the initiation of full commercial-stage operations in the Company's electric school bus vertical with its first three deliveries of its EVT Bumble Bee electric school bus to the independent... Read more
Strategic expansion adds 1.6 million square feet of EV production capacity rent-free in China, boosting Phoenix's global manufacturing footprint to nearly 2 million square feet ANAHEIM, CA / ACCESS Newswire / June 30, 2025 / Phoenix Motor Inc. (OTC PINK:PEVM), a leading manufacturer of heavy-duty transit buses and electrification solutions provider for medium-duty vehicles, today announced a significant... Read more
BEIJING, China, June 27, 2025 (GLOBE NEWSWIRE) -- Li Auto Inc. (“Li Auto” or the “Company”) (Nasdaq: LI; HKEX: 2015), a leader in China’s new energy vehicle market, today updated its delivery outlook for the second quarter of 2025. The Company now expects to deliver approximately 108,000 vehicles in the second quarter of 2025, compared to its previously issued delivery outlook of between 123,000 and 128,000... Read more
IRVINE, Calif., June 27, 2025 /PRNewswire/ -- Americans are increasingly seeing their cars as integral parts of the family - giving them names, sharing daily moments, and prioritizing their care, especially after they prove their worth in a crucial situation. This growing trend was a key insight for VinFast as they prepared to introduce their vehicles to the U.S. market. Their vision was clear: to design a car... Read more
ANAHEIM, CA / ACCESS Newswire / June 27, 2025 / Phoenix Motor Inc. (OTC PINK:PEVM), a leading manufacturer of heavy-duty transit buses and electrification solutions provider for medium-duty vehicles, today announced financial results for the first quarter ended March 31, 2025. Q1 2025 Financial Highlights Revenue totaled $4.4 million, compared to $9.4 million in Q1 2024. The prior-year period benefited from... Read more
European Union M2 Type Approval Allows Short-Distance Shuttle and Public Transportation Services Across Europe FREEHOLD, N.J. / Jun 25, 2025 / Business Wire / Cenntro Inc. (NASDAQ: CENN) (“Cenntro” or “the Company”), a pioneering electric commercial vehicle company with advanced, market-validated, and purpose-built vehicles, today announced the successful delivery of 71 special edition Logistar® 450P (“LS450P”)... Read more
HOUSTON, TEXAS / ACCESS Newswire / June 24, 2025 / Envirotech Vehicles, Inc. (NASDAQ:EVTV) ("Envirotech") today announced its bold vision to lead the future of electric mobility by integrating sustainable, American-assembled solutions across land, air, and sea, tapping into multiple multi-billion-dollar end markets. As global demand for alternatives to carbon-heavy infrastructure continues to accelerate,... Read more
WINNIPEG, Manitoba, June 23, 2025 (GLOBE NEWSWIRE) -- (TSX: NFI, OTC: NFYEF, TSX: NFI.DB) NFI Group Inc. (NFI) a leader in propulsion-agnostic bus and coach mobility solutions, subsidiary New Flyer Industries Canada ULC (New Flyer), will deliver 55 new Xcelsior® buses to Brampton Transit, expanding the city's fleet with next-generation transit solutions. The new order includes 20 Xcelsior® hybrid-electric 40-foot... Read more
The system is scheduled to be available on the FF 91 via an upcoming OTA update, with a planned rollout for the FX line in the future. LOS ANGELES / Jun 23, 2025 / Business Wire / Faraday Future Intelligent Electric Inc. (NASDAQ: FFAI) (“Faraday Future”, “FF” or the “Company”), a California-based global shared intelligent electric mobility ecosystem company, today announced the debut of FF AI 2.0, which will be... Read more
IRVINE, Calif., June 18, 2025 /PRNewswire/ -- VinFast today announced the Company's first authorized dealership in California. This collaboration represents a key milestone in VinFast's global strategy to expand its sales model through a robust network of dealerships across the country. VinFast is committed to delivering high-quality products and exceptional services to American consumers, steadfastly pursuing... Read more
New Toyota Prius Plug-in Hybrid Nightshade Edition Available in 2026 Available in Karashi, Wind Chill Pearl, and Midnight Black Metallic Up to 44-Miles of Manufacturer-Estimated All Electric Driving Range Rating Up to a Manufacturer-Estimated 52 Combined MPG Rating in Hybrid Mode Standard Toyota Audio Multimedia and Toyota... Read more
North American and European Lucid owners can now connect Android TM smartphones to the Lucid Air for an enhanced infotainment experience NEWARK, Calif., June 16, 2025 /PRNewswire/ -- Lucid Group, Inc. (NASDAQ: LCID), maker of the world's most advanced electric vehicles, today announced that Android Auto Smart Driving Companion Application1 is now available in all Lucid Air vehicles via an over-the-air... Read more
ST. CLOUD, Minn., June 16, 2025 (GLOBE NEWSWIRE) -- (TSX: NFI, OTC: NFYEF, TSX: NFI.DB) NFI Group Inc. (NFI, or the Company) a leader in innovative, propulsion-agnostic bus and coach mobility solutions, subsidiary New Flyer of America Inc. (New Flyer), today announced a milestone contract from the New Jersey Transit Corporation (NJ TRANSIT) for the purchase of up to 750 Xcelsior® 60-foot clean-diesel transit buses... Read more
GOTHENBURG, Sweden / Jun 16, 2025 / Business Wire / Polestar (Nasdaq: PSNY) announces a USD 200 million equity investment by PSD Investment Limited (“PSD Investment”), an existing investor, an entity that is controlled by Mr. Shufu (Eric) Li, Founder and Chairman of Geely Holding Group. Polestar Automotive Holding UK PLC (“Polestar”) has entered into a securities purchase agreement pursuant to which Polestar agreed... Read more
Redefining Performance, Design, and Intelligent Technology for the Next Generation of Electric Vehicles. Powered by Industry-Leading Powertrain Technology: 5C Supercharging Battery and 800V High-voltage SiC Platform across all trims. Charging Speed 12 minutes 10-80% SOC placing it at the forefront of the EV revolution. Smart Comfort Meets All-New Interior and Cockpit Upgrades. Expressive New Colors Inside... Read more
2025 Sienna Marks Milestone PRINCETON, Ind., June 12, 2025 /PRNewswire/ -- Hailing from the heartland of the U.S., Toyota Indiana celebrates a significant milestone as the 1-millionth hybrid vehicle rolled off the line at the Princeton plant. With the flash of its lights, and honk of its horn, a cool Wind Chill Pearl 2025 Toyota Sienna Platinum rolled off the line. Sienna has been assembled at Toyota... Read more
JINHUA, CHINA, June 12, 2025 (GLOBE NEWSWIRE) -- Kandi Technologies Group, Inc. (NASDAQ GS: KNDI) (“Kandi” or the “Company”), long renowned as a leader in all-electric personal transportation and utility vehicles, today announced a strategic collaboration with Hangzhou Yunshenchu Technology Co., Ltd. (“DEEP Robotics”), a leader in embodied AI technology innovation and application. In response to the... Read more
LARBERT, United Kingdom, June 11, 2025 (GLOBE NEWSWIRE) -- (TSX: NFI, OTC: NFYEF, TSX: NFI.DB) NFI Group Inc. (NFI) a leader in propulsion-agnostic bus and coach mobility solutions, announced today that its subsidiary, Alexander Dennis Limited (Alexander Dennis), is entering into a consultation on a new strategy for its United Kingdom (UK) manufacturing operations. The refocused strategy results from the completion... Read more
SINGAPORE, June 9, 2025 /PRNewswire/ -- VinFast Auto Ltd. ("VinFast" or the "Company") (Nasdaq: VFS), a pure-play electric vehicle ("EV") manufacturer with the mission of making EVs accessible to everyone, today announced its unaudited financial results for the first quarter ended March 31, 2025. EV deliveries were 36,330 in the first quarter of 2025, representing an increase of 296% from the first quarter of... Read more
Automotive Executive Brings Extensive Industry Experience to the Board of Directors NEWARK, Calif., June 5, 2025 /PRNewswire/ -- Lucid Group, Inc. (NASDAQ: LCID), maker of the world's most advanced electric vehicles, today announced the election of Douglas Grimm to its board of directors effective immediately. Grimm was elected at Lucid's 2025 Annual Meeting of Stockholders and will bring extensive automotive... Read more
NEWARK, Calif., June 4, 2025 /PRNewswire/ -- Lucid Group, Inc. (NASDAQ: LCID), maker of the world's most advanced electric vehicles, today announced the signing of a multi-year supply agreement with Graphite One for American-sourced natural graphite, further strengthening the company's supply chain for American raw materials and resources. Following other... Read more
Second quarter net sales of $629.1 million compared to $616.9 million in the prior year quarter, the latter of which included $32.9 million related to the Bus Manufacturing Businesses1 Excluding the impact of the Bus Manufacturing Businesses, net sales increased $45.1 million, or 7.7% compared to the prior year quarter Second quarter net income of $19.0 million compared to net income of $15.2 million in the... Read more
IRVINE, Calif. / Jun 04, 2025 / Business Wire / Rivian Automotive, Inc. (Nasdaq: RIVN) (“Rivian”) today announced that Rivian Holdings, LLC (the “Company”), Rivian, LLC (“Rivian LLC”) and Rivian Automotive, LLC (“Rivian Automotive” and, together with the Company and Rivian LLC, the “Co-Issuers”) priced their private offering of $1,250,000,000 aggregate principal amount of 10.000% senior secured green notes due 2031... Read more
The Mullen ultra-high-performance FIVE RS EV Crossover features a top speed of over 200 mph and acceleration from 0-60 mph in under 2 seconds The FIVE RS is equipped with 800-volt architecture, all-wheel drive, two-speed gearbox, and over 1,100 horsepower Initial vehicle market territories include the EU in 2025, followed by the UAE and South Africa in early 2026 Mullen is partnering with Faissner Petermeier... Read more
SHANGHAI, June 03, 2025 (GLOBE NEWSWIRE) -- NIO Inc. (NYSE: NIO; HKEX: 9866; SGX: NIO) (“NIO” or the “Company”), a pioneer and a leading company in the global smart electric vehicle market, today announced its unaudited financial results for the first quarter ended March 31, 2025. Operating Highlights for the First Quarter of 2025 Vehicle deliveries were 42,094 in the first quarter of 2025, consisting of 27,313... Read more
Transaction increases shareholder equity by approximately $3.5M As part of agreement, Mullen extinguishes significant debt, gains additional 21% ownership and regains full control of Bollinger Motors Bollinger to continue operating as a majority owned Mullen subsidiary; Mullen will continue to provide full financial backing on sales, service, and warranty of vehicles Bollinger to ramp up sales activity... Read more
IRVINE, Calif. / Jun 02, 2025 / Business Wire / Rivian Automotive, Inc. (Nasdaq: RIVN) (“Rivian”) today announced that Rivian Holdings, LLC (the “Company”), Rivian, LLC (“Rivian LLC”) and Rivian Automotive, LLC (“Rivian Automotive” and, together with the Company and Rivian LLC, the “Co-Issuers”) intend to offer, subject to market and other customary conditions, $1,250,000,000 aggregate principal amount of senior... Read more
23,231 vehicles were delivered in May 2025, increasing by 13.1% year-over-year 89,225 vehicles were delivered year-to-date in 2025, increasing by 34.7% year-over-year Cumulative deliveries reached 760,789 as of May 31, 2025 SHANGHAI, June 01, 2025 (GLOBE NEWSWIRE) -- NIO Inc. (NYSE: NIO; HKEX: 9866; SGX: NIO) (“NIO” or the “Company”), a pioneer... Read more
Delivers 33,525 units in May, up 230% YoY 30,000+ vehicles delivered monthly for seventh consecutive month GUANGZHOU, China, June 01, 2025 (GLOBE NEWSWIRE) -- XPeng Inc. (“XPENG” or the “Company,” NYSE: XPEV and HKEX: 9868), a leading Chinese smart electric vehicle (“Smart EV”) company, today announced its vehicle delivery results for May 2025. In... Read more
BEIJING, China, June 01, 2025 (GLOBE NEWSWIRE) -- Li Auto Inc. (“Li Auto” or the “Company”) (Nasdaq: LI; HKEX: 2015), a leader in China’s new energy vehicle market, today announced that it delivered 40,856 vehicles in May 2025, representing a year-over-year increase of 16.7%. As of May 31, 2025, Li Auto’s cumulative deliveries reached 1,301,531. Li... Read more
HANGZHOU, China, June 1, 2025 /PRNewswire/ -- ZEEKR Intelligent Technology Holding Limited ("Zeekr Group" or the "Company") (NYSE: ZK), the world's leading premium new energy vehicle group, today announced its delivery results for May 2025. In May, Zeekr Group delivered a total of 46,538 vehicles across its Zeekr and Lynk & Co brands, reflecting a... Read more
ANAHEIM, CA / ACCESS Newswire / May 30, 2025 / Phoenix Motor Inc. (OTC PINK:PEVM), a leading manufacturer of heavy-duty transit buses and electrification solutions provider for medium-duty vehicles, today reported financial and operational results for the fiscal year ended December 31, 2024. Fiscal Year 2024 Financial Highlights Revenue increased 898% to $31.1 million, up from $3.1 million in FY... Read more
BEIJING, China, May 29, 2025 (GLOBE NEWSWIRE) -- Li Auto Inc. (“Li Auto” or the “Company”) (Nasdaq: LI; HKEX: 2015), a leader in China’s new energy vehicle market, today announced its unaudited financial results for the quarter ended March 31, 2025. Operating Highlights for the First Quarter of 2025 Total deliveries for the first quarter of 2025 were 92,864 vehicles, representing a 15.5% year-over-year... Read more
XPENG launches MONA M03 Max, bringing city-level ADAS (Advanced Driver Assistance System) to the US$20,000 / RMB 150,000 price point – a bold step toward making intelligent driving truly accessible XPENG's visual-based self-developed AI Turing Smart Driving is the only advanced ADAS available in the US$20,000 / RMB 150,000 price segment globally With... Read more
AUSTIN, TX / ACCESS Newswire / May 28, 2025 / Volcon ePowersports (Nasdaq:VLCN) ("Volcon" or the "Company"), the first all-electric, off-road powersports company, is pleased to announce the launch of a new floor plan financing and retail financing program provided by Dealer Direct Financial, a department of First Community Bank. This initiative will enable Volcon's network of dealers to finance their inventory... Read more
WINNIPEG, Manitoba, May 28, 2025 (GLOBE NEWSWIRE) -- (TSX: NFI, OTC: NFYEF, TSX: NFI.DB) NFI Group Inc. (“NFI” or the “Company”) a leader in propulsion-agnostic bus and coach mobility solutions, today announced that its subsidiary, New Flyer Holdings, Inc. (the “Issuer”), intends to offer, subject to market conditions, $600 million in aggregate principal amount of second lien senior secured notes (the “Notes”) in a... Read more
AUSTIN, TX / ACCESS Newswire / May 27, 2025 / Volcon ePowersports (NASDAQ:VLCN) ("Volcon" or the "Company")) the first all-electric, off-road powersports company, received its first purchase order from Advanced EV for 1,000 golf carts. This initial order will be used by Volcon to conduct market testing of a new golf cart model developed in conjunction with Super Sonic under the distribution agreement with Volcon... Read more
ABU DHABI, UAE, May 21, 2025 /PRNewswire/ -- NWTN Inc. (NASDAQ: NWTN), a global intelligent mobility and AI technology company, today announced the official launch of the "NWTN AI Industrial Park" (NAIP) Project. The project is located in Khalifa Economic Zones Abu Dhabi (KEZAD), covering approximately 130,000 square meters, signaling the start of NWTN's transformation from a new energy vehicle manufacturer to a... Read more
MARKHAM, Ontario / May 21, 2025 / Business Wire / Electric vehicles are entering a new phase, where buyers no longer accept trade-offs in range, comfort, or price. With its balanced design and features, the VinFast VF 8 illustrates how the market is shifting toward more complete, no-compromise offerings. Early adopters put up with plenty of drawbacks. Range anxiety, software incompleteness, and higher price tags... Read more
AI-powered vehicles, global expansion, and humanoid robotics form XPENG's three growth drivers for sustainable development XPENG ranks #1 in Q1 2025 exports among Chinese EV startups, targeting 100%+ delivery growth and profitability in Q4 Q1 success demonstrates XPENG's full-stack AI capabilities and robust product cycle XPENG will launch the MONA M03 Max and G7 SUV in Q2 2025, targeting 2026 robot... Read more
Cash and cash equivalents, restricted cash, short-term investments and time deposits were RMB45.28 billion (US$6.24 billion) as of March 31, 2025 Quarterly total revenues were RMB15.81 billion, a 141.5% increase year-over-year Quarterly gross margin was 15.6%, an increase of 2.7 percentage points over the same period of 2024 Quarterly vehicle margin was 10.5%, an increase of 5.0 percentage points over the same... Read more
HANGZHOU, China, May 21, 2025 /PRNewswire/ -- ZEEKR Intelligent Technology Holding Limited ("Zeekr Group" or the "Company") (NYSE: ZK), the world's leading premium new energy vehicle group, today announced that it has published its 2024 Sustainability report ("the report"), available on the Sustainability section of the Company's IR website at https://ir.zeekrgroup.com. The initiatives and achievements... Read more
Partnership provides commercial customers ability to simplify fleet operations SAN FRANCISCO / May 20, 2025 / Business Wire / Samsara Inc. ("Samsara") (NYSE: IOT), the pioneer of the Connected Operations® Platform, and Rivian (NASDAQ: RIVN), American all-electric vehicle manufacturer, today announced a collaboration designed to simplify the complexities of... Read more
All-new, redesigned 6th generation RAV4 will be available in Core, Sport, and Rugged styles across seven grades, including a new-look Woodland and first-ever GR SPORT America's best-selling compact SUV will now be 100% electrified, in a choice of Hybrid Electric Vehicle (HEV) or Plug-in Hybrid Electric Vehicle (PHEV) powertrains First-ever RAV4 GR SPORT, developed in partnership with Toyota GAZOO... Read more
ANAHEIM, CA / ACCESS Newswire / May 20, 2025 / Phoenix Motor Inc. (the "Company" or "PhoenixEV"), a leading manufacturer of medium-duty shuttle buses, trucks, and heavy-duty transit buses, announced today its first order of five (5) all-electric, zero-emission Z-400 shuttle buses from the County of Los Angeles Internal Services Department (ISD). These electric vehicles, built on the Ford E-450 chassis and powered... Read more
Company fiscal Q2 outperforms all previous quarterly revenue results Mullen achieves strong results with $5M revenue for quarter ending March 31, 2025 Company revenue is $7.9M for six months ended March 31, 2025 Company net loss decreased substantially from $132.4M in fiscal Q2 2024 to approximately $47.1M in comparable quarter ending March 31, 2025 Company cash spend reduced significantly from $120.9M to... Read more
FREEHOLD, N.J. / May 16, 2025 / Business Wire / Cenntro Inc. (NASDAQ: CENN) (“Cenntro” or “the Company”), a pioneering innovator in electric commercial vehicles, with advanced, market-validated, and purpose-built vehicle and smart technology products, has reported its financial and operational results for the three months ended March 31, 2025. First Quarter 2025 Financial and Operational Highlights: First quarter... Read more
CEO He Xiaopeng: "P7 is more than a car - it is XPENG’s answer for the AI era in form and function". Chief Designer Rafik Ferrag: "The original P7 was a milestone for XPENG and a turning point in China’s EV landscape. With this new generation, we set out to design a pure electric sports sedan that could amaze at every angle". GUANGZHOU, China, May 15,... Read more
Standard All-Wheel Drive with 375 hp combined system output Up-to 260 miles of manufacturer-estimated all-electric driving range with DC fast-charging times around 30 minutes* (10-80% charge under ideal conditions) Equipped with North American Charging System (NACS) port for access to thousands of DC fast charging stations, will also have the convenience of Plug & Charge capability Ample utility with... Read more
HOUSTON, TX / ACCESS Newswire / May 15, 2025 / Envirotech Vehicles, Inc. (NASDAQ:EVTV) ("Envirotech" or the "Company") today announced the signing of a non-binding Letter of Intent ("LOI") to acquire the assets of Kymera, a manufacturer of marine craft. The Company intends for the business to serve as the foundation of Envirotech's new marine division. As planned, Envirotech intends to enter the electric marine... Read more
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