Category: Electric

Spain becomes key testbed for Stellantis and Leapmotor’s expanded alliance

Spain becomes key testbed for Stellantis and Leapmotor’s expanded alliance

by | May 8, 2026

Stellantis and Chinese electric vehicle brand Leapmotor are preparing to deepen their allegiance as both companies angle to expand their electric vehicle footprint across Europe. 

The partnership began in 2023 when Stellantis purchased an approximately 21% stake in Leapmotor and launched a joint venture focused on selling and manufacturing Leapmotor vehicles outside of China. The companies now say they are exploring new ways to increase production efficiency while reducing manufacturing costs. 

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Lotus joins luxury automakers pivoting to hybrids, forecasting “long-term trend”

Lotus joins luxury automakers pivoting to hybrids, forecasting “long-term trend”

by | Apr 27, 2026

The luxury automotive segment has long struggled to decouple itself from petrol. In 2026 alone, several major automakers walked back their EV targets or revised their electrification timelines: Lamborghini axed plans for its fully electric model, Lanzador, whilst Rolls-Royce pledged to continue selling petrol vehicles beyond 2030.

In an interview with the Financial Times, chief executive of Lotus Group, Qingfeng Feng, said that EVs would account for under half of their entire lineup—the rest coming from hybrids. This is a much more conservative estimate than previously predicted by the company, now owned by Chinese conglomerate Geely, which had banked on a lineup of 90% EV sales by 2028.

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Rivian begins production of first mass-market EV, the R2

Rivian begins production of first mass-market EV, the R2

by | Apr 23, 2026

Rivian Motors has officially begun customer production of the long-awaited R2, its mid-size all-electric SUV. Originally revealed in March 2024, it has taken two years and reportedly “thousands of hands” before the first R2 rolled off the production line yesterday at Rivian’s Normal, Illinois plant. 

Rivian CEO RJ Scaringe said the company was “on track” to deliver the first of its five-seater EVs later this spring.

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Rolls Royce develops 100 highly bespoke EVs for super-rich clientele

Rolls Royce develops 100 highly bespoke EVs for super-rich clientele

by | Apr 14, 2026

In the world of the super-wealthy, hyper-personalisation ensures ultimate exclusivity, promising a completely unique driving experience that sometimes even money cannot buy. This is the strategy that Rolls-Royce is banking on when it comes to its luxury EV segment, pledging to produce just 100 highly bespoke vehicles for a small number of super-rich customers.

These custom-built, two-seater vehicles will be developed alongside clients in a four-year-long process that began back in 2024. 

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UK automotive industry expects £4.6 billion uplift by 2030, new predictions suggest

UK automotive industry expects £4.6 billion uplift by 2030, new predictions suggest

by | Apr 13, 2026

According to the latest report from the Society of Motor Manufacturers and Traders (SMMT), the UK automotive industry could deliver a £4.6 billion injection to the UK economy by 2030.  

The uplift is driven by the UK’s commitment to ban the sale of all new petrol vehicles by 2035, a decision that is pushing automotive manufacturers towards electric vehicles with prescriptive rule of origin laws. Much like EU content laws, the UK government will offer preferential trade conditions for cars that exceed a threshold for UK or EU manufactured content.  

The SMMT forecasts that this strategy will increase demand for UK-made parts by 80% by 2030, providing considerable opportunities for investment and a healthy boost to domestic supply chains.  

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GM’s electrification long game: The Detroit automaker still banking on EVs

GM’s electrification long game: The Detroit automaker still banking on EVs

by | Apr 9, 2026

As many U.S. automakers walk back on their ambitious EV targets, General Motors Co. is remaining steadfast in its commitment to expand its electric segment. Since the end of the federal EV tax credit and the rollback of fuel economy regulations, the U.S. EV industry has been clouded by uncertainty.

More recently, soaring gas prices , driven in part by the Iran War, have exposed the vulnerability of an economy built on fuel-intensive ICE engines. Against this backdrop, many automakers are turning to hybrid powertrains in an effort to meet market demands and remain profitable in an unpredictable market.

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Will surging oil prices reignite EV demand amid the Iran conflict?

Will surging oil prices reignite EV demand amid the Iran conflict?

by | Mar 31, 2026

Since war broke out in Iran on 28 February, global oil prices have soared to unprecedented highs. The spike follows disruption in the Strait of Hormuz, the world’s busiest shipping channel for crude oil.   

As the global conflict unravels and the oil crisis intensifies, analysts are recognising a renewed interest in electric vehicles (EVs) as consumers attempt to shield themselves from the impact of rising energy costs. 

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Automakers scale back on “luxury” EV plans as global appetite wanes

Automakers scale back on “luxury” EV plans as global appetite wanes

by | Mar 25, 2026

Just this week Honda and Sony have announced they are among dozens of companies scaling back plans to develop luxury EVs. The news follows recent walk backs from automotive manufacturers in the luxury segment including Bentley and Rolls-Royce. 

Honda and Sony’s strategic partnership should have delivered a flagship Afeela EV with a premium price tag of $90,000 but the Japanese groups have changed course, abandoning the model altogether. Honda announced an eye-watering $16bn in EV write downs over the last two years following fluctuations in the global market, forcing the company to rethink its global EV strategy. 

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The design vs safety dilemma: Why carmakers are embracing buttons over touchscreens

The design vs safety dilemma: Why carmakers are embracing buttons over touchscreens

by | Mar 16, 2026

As automakers seek to maximise the sleek, futuristic look of new models, the market has seen a sharp increase in the number of vehicles minimising bulky handles and buttons in favour of digital screens and concealed, automated handles.

Whilst these design features may offer the forward-looking glamour that elevates the in-car experience, concerns over safety have seen automakers retreating back to intuitive design features, including tactile buttons and manual handles.

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Elon Musk’s Tesla approved to enter UK energy market amid security concerns

Elon Musk’s Tesla approved to enter UK energy market amid security concerns

by | Mar 13, 2026

The world’s richest man, Elon Musk, could soon have sway over the UK’s private energy sector after its subsidiary, Tesla Energy Ventures, received approval to operate as an electricity supplier in the United Kingdom. The licence, granted by the UK energy regulator, clears the path for the company to enter a market that has faced turbulence in recent years and rising concern among households over an ongoing cost-of-living crisis.

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China’s NIO turns a tidy profit on EV strategy after 2025 record sales

China’s NIO turns a tidy profit on EV strategy after 2025 record sales

by | Mar 10, 2026

Chinese electric-vehicle maker NIO reported its first quarterly net profit in the final months of 2025, representing a significant milestone for the Shanghai-based company. The result places the automaker among a small but growing group of profitable EV manufacturers in China, the world’s largest EV market, alongside emerging rivals XPeng and Li Auto. 

The accolade was fuelled by surging vehicle demand and stronger margins, following a year that began with slower-than-expected sales growth. The company’s upwards trajectory was sparked by the launch of the company’s redesigned premium SUV, the NIO ES8, which quickly became a major contributor to sales. 

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Geely surpasses BYD in EV sales for second consecutive month

Geely surpasses BYD in EV sales for second consecutive month

by | Mar 2, 2026

As the Chinese government winds down its EV incentives, China’s fiercely competitive EV market is showing signs of slowing down. EV sales in China fell for the first time in almost two years last month, the first time since February 2024. 

In the midst of this downturn, Chinese EV maker Geely has emerged as a clear frontrunner, surpassing BYD’s sales for the second month in a row. This two month lead comes just months after BYD was announced as the global-leader in EV sales for 2025, beating historical rival Tesla. 

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Stellantis explores Leapmotor’s EV technology to cut costs and boost European sales

Stellantis explores Leapmotor’s EV technology to cut costs and boost European sales

by | Feb 27, 2026

Multinational automotive manufacturer Stellantis announced it is exploring the use of electric-vehicle technology from its Chinese partner Leapmotor as it looks for ways to cut costs and stay competitive in Europe.

The legacy automaker, headquartered in the Netherlands, is considering expanding the scope of its joint venture to gain deeper access to Leapmotor’s battery systems and EV powertrain expertise, particularly for high-volume brands such as Fiat, Opel and Peugeot. 

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Lamborghini abandons plans for “Lanzador” EV supercar and bets on hybrids

Lamborghini abandons plans for “Lanzador” EV supercar and bets on hybrids

by | Feb 23, 2026

In a radical reversal of its sustainability strategy, Lamborghini has announced that it is ditching plans to launch its first electric supercar. The Italian automaker is instead betting on hybrid vehicles following a slump in global EV sales that has seen companies like GM and Stellantis roll back their ambitious EV targets.

Lamborghini first announced plans to launch an electric supercar, the Lanzador, back in 2023, but since then the global EV landscape has shifted.

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Brussels to require 70% EU content for subsidised EVs under “Made in Europe” mandate

Brussels to require 70% EU content for subsidised EVs under “Made in Europe” mandate

by | Feb 17, 2026

In a bid to stave off Chinese competition, Brussels is introducing a “Made in Europe” mandate ensuring that at least 70% of new electric vehicle components are manufactured in the EU.

The Industrial Accelerator Act will be published by the European Commission in March; however, the following predictions are based on a draft report seen and reported on by the Financial Times this week.

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China’s EV sales fall for the first time in 2 years

China’s EV sales fall for the first time in 2 years

by | Feb 12, 2026

Government subsidies and cheap manufacturing costs have long given Chinese automakers a competitive edge when it comes to EV production, facilitating the rapid expansion of manufacturers like BYD and Geely into overseas markets.

This seemingly unstoppable growth now appears to be showing signs of waning, following an announcement from the China Passenger Car Association reporting a fall in electric vehicle sales for the first time since February 2024.

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