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Chinese Automaker NIO Is Reportedly Developing A Smartphone

NIO, the Chinese EV manufacturer founded in 2017, seemingly plans to launch a smartphone. Back in March, the firm’s CEO William Li confirmed that NIO was looking into smartphone development. He cited the long-rumored (but still unconfirmed) Apple Car as a motive for entering the smartphone space. Now, according to a Weibo post by a Chinese influencer, William …

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Europe: NIO Will Produce Battery Swap Stations In Hungary

NIO announced the upcoming launch of the production of EV battery swap stations in Hungary, which is another important step related to its expansion into the European market. The NIO Power Europe Plant in Pest megye, Hungary is NIO‘s first overseas plant. The 10,000 square meter facility is promised to commence operations in September. According to …

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BMW Delivers Final i3 Models In Special Ceremony At Munich Museum

After over eight years of production, BMW finally discontinued the i3 in June. However, the last cars were only delivered this week. All 18 final models featured the same Galvanic Gold and black paint job. Customers got the chance to pick up their cars from BMW’s Munich Museum.  Throughout its extensive production run, BMW delivered over …

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Will EV tax credit price caps add urgency to arrival of affordable models?

Price caps included with a proposed revamped federal EV tax credit could put pressure on automakers to produce more affordable electric models, argues a new Bloomberg report. An extension of the $7,500 credit reportedly has a good chance of moving through the Senate. In its current form, legislation would add price caps of $55,000 for …

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