NewsRoom Articles - Page 3 of 130

FridayFeb 20, 2026 10:00 am

Mercedes-Benz Issues Recall of EVs in China Over Fire Risk

Mercedes-Benz is pulling nearly 20,000 electric vehicles off Chinese roads over battery defects that could start fires. The recall hits locally built EQA and EQB models manufactured between April 2021 and March 2024. Sloppy production methods during battery assembly created the first problem and flawed control software added an additional layer of risk. Together, these issues contribute to individual cells overloading, short circuiting, and potentially igniting. Inconsistent manufacturing during battery pack assembly weakened some battery cells more than others. Assembly quality also varied across the three-year production run, compromising electrical stability in the affected units. Battery management software compounded the problem by pushing certain cells past safe operating limits during…

ThursdayFeb 19, 2026 10:00 am

BMW Unveils V2G Bundle for EV Owners in Germany

BMW and E.ON have launched what they claim is Germany's first vehicle-to-grid product to actually reach the market, giving drivers a concrete way to monetize their parked electric vehicles while competitors are still making promises. Participants stand to earn up to $850 (€720) annually by letting their battery push electricity back toward the grid while plugged in at home. According to BMW, the earnings cover roughly 8,700 miles of charging per year, enough to eliminate fuel costs for most daily commuters. The arrangement went live following a September 2025 preview announcement. Rather than simply charging in one direction, compatible vehicles can route power three ways: back toward the grid during demand spikes, into…

FridayFeb 13, 2026 10:00 am

VW Group Marks Production of 5 Millionth EV Drive Unit

Six years after producing its first battery-electric vehicle, Volkswagen Group has now manufactured its five millionth electric drive unit globally, underscoring the automaker's rapid expansion in battery-electric vehicle powertrain manufacturing. The milestone reinforces VW's standing among the world's largest producers of EV drive systems as electrification accelerates across its brand portfolio. Production facilities across four locations deliver this volume: Győr in Hungary, Kassel in Germany, Tianjin in China, and Zuffenhausen in Germany. These plants operate as an integrated manufacturing network that enables the company to develop and industrialize electric powertrains at commercial scale. Volkswagen Group Components' Kassel facility alone boosted electric drive output by roughly 24% year-over-year in 2025, manufacturing…

ThursdayFeb 12, 2026 10:00 am

Ferrari Unveils its First Fully Electric Vehicle

Ferrari has officially pulled the curtain back on its first fully electric vehicle, signaling a major shift for a brand long defined by combustion engines and mechanical drama. The new model, called the Luce, marks Ferrari’s entry into the EV era with a four-door, four-seat layout aimed squarely at everyday usability, while still promising performance that sits firmly in supercar territory. Set to launch in 2026, the Luce is positioned as a family-friendly Ferrari without diluting the brand’s core identity. The car delivers more than 1,000 horsepower, draws power from a 122-kilowatt-hour battery pack, and targets a driving range of roughly 330 miles under European testing standards. Ferrari…

TuesdayFeb 10, 2026 10:00 am

China Starts Making Sodium-Ion EVs

China has begun producing sodium-ion electric vehicles, moving ahead of Western automakers like Tesla and opening the door to a new category of EVs. CHANGAN Automobile recently unveiled an electric passenger car powered by a sodium-ion battery supplied by CATL, with volume production expected to begin later this year. CATL serves as CHANGAN’s exclusive sodium-ion battery partner, supplying Naxtra batteries across the automaker’s full lineup, including Deepal, UNI, Qiyuan, and AVATR. CATL’s Naxtra battery delivers an energy density of 175 watt-hours per kilogram, signaling readiness for commercial deployment. A Cell-to-Pack design helps reduce overall weight while enabling an estimated driving range of about 400 kilometers. Cold-weather performance is another standout feature, with the battery retaining more than 90% capacity…

FridayFeb 06, 2026 10:00 am

Gold Notches its Best Monthly Record in Two Decades

Gold recorded a powerful start to the year, climbing by over 13% an ounce last month. This makes it its strongest monthly performance since the late 90s. The precious metal’s rally was driven by a mix of geopolitical uncertainty and shifting macroeconomic expectations. Tensions rose after the United States reiterated its interest in acquiring Greenland, straining relations with Europe. At the same time, markets saw little change in the Federal Reserve’s policy outlook, reinforcing expectations of a weaker U.S. dollar and boosting demand for gold as a safe-haven asset. Additional support came from concerns over a partial federal government shutdown in America, alongside increased buying interest from China. These factors extended the strong momentum gold built throughout last…

FridayFeb 06, 2026 10:00 am

Safety Concerns Prompt China to Ban Hidden EV Door Handles

Following mounting evidence of dangerous failures, China has resolved to ban hidden EV door handles. China becomes the first country in the world to outlaw the contentious styling elements that Tesla, owned by multi-billionaire Elon Musk, brought to mainstream adoption. American safety authorities have also turned a critical eye on hidden door handles, launching an investigation in November to examine Tesla's electrically-operated door handles after documenting nine complaints regarding 2021 Model Y automobiles, the manufacturer's flagship offering. Incident reports described handles abruptly ceasing to operate and trapping children inside vehicles. Four situations required owners to smash vehicle glass to extract occupants, underscoring the severity of the malfunction risks.…

ThursdayFeb 05, 2026 10:00 am

Europeans are Increasingly Preferring EVs Over Gasoline-Fueled Vehicles

Europeans are exhibiting a growing preference for electric vehicles over internal combustion engine (ICE) cars, driven by substantial government subsidies and shifting consumer priorities. Data from the European Automobile Manufacturers' Association shows that for the first time in EU history, pure electric automobile sales outnumbered petrol-only car sales in December 2025. This milestone signals a fundamental shift despite the bloc having recently moderated its 2035 emissions targets. Greece, Italy, and Poland led European nations in offering the most generous EV purchase incentives last year, with programs providing between $9,500 and $11,600 toward electric vehicle acquisitions. Italy's program provides individuals with approximately $11,600, representing up to 30% of what Italian buyers pay for new electric cars.…

TuesdayFeb 03, 2026 10:00 am

US Auto Industry to Suffer as America Falls Behind in EV Transition

The American auto industry is set to suffer as the country continues to fall behind in the global transition to electric vehicles, with consequences that stretch far beyond slower EV sales and into jobs, competitiveness and long term industrial relevance. While rivals push ahead with aggressive electrification strategies, U.S. automakers are increasingly caught between political pressure, uneven consumer adoption and a supply chain that is no longer moving at global speed. Across Europe and China, electric cars are no longer treated as niche products or future bets. They are becoming the backbone of industrial policy. Governments are tying emissions rules, subsidies and infrastructure spending directly to EV adoption, forcing manufacturers to commit or fall…

FridayJan 30, 2026 10:00 am

EV Sales Surpass Gasoline Vehicle Sales in Europe

Europe’s car market crossed a quiet but meaningful milestone at the end of last year. In December, fully electric vehicles edged ahead of petrol-only cars in European Union registrations, marking the first time battery powered models took the lead in monthly sales. Battery electric vehicles (BEVs) accounted for 22.6% of new EU registrations, narrowly overtaking internal combustion engine (ICE) cars at 22.5%. The shift highlights how consumer behavior is moving, even as policymakers debate slowing the pace of regulation. Industry figures show electric cars captured just over a fifth of new EU registrations during the month, while hybrids continued to dominate overall. Gasoline-electric hybrids, including plug-in hybrids,…

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