The Mobility Briefing | Week 12

Hello there,

Here's your concise weekly roundup of mobility news and market movements:

1. BYD 🇨🇳 announced ts new 1,000kW EV charging system, with tests on the Han L sedan that add 470 km / 292 mi of range in 5 minutes. The company will sell cars with this technology next month and plans to build 4,000 supercharging stations.

2. BYD 🇨🇳 also reported that Germany tops its list for a third European assembly plant after opposing EU tariffs on China-made EVs. The company plans to decide based on sales performance in Europe and capacity at its Hungarian 🇭🇺 and Turkish 🇹🇷 plants

3. Xiaomi 🇨🇳 announced that it raised its full-year target for pure electric vehicle deliveries to 350,000, up from 300,000 EVs for 2025 set earlier this year.

4. Zeekr Group 🇨🇳 and Xpeng 🇨🇳 announced they would start selling electric vehicles with technology that allows drivers to take hands off the steering wheel. Both companies plan to roll out models with L3-ready autonomous driving capabilities in 2025.

5. Changan Automobile 🇨🇳 announced that it plans to enter 10 European markets this year with local EV models, starting with its Deepal S07 electric SUV priced at 45,000 euros in 🇳🇴, 🇩🇰, 🇩🇪, and 🇳🇱.

6. Stellantis 🇫🇷🇮🇹🇺🇲 also announced a €38 million investment in its Verrone 🇮🇹 plant to produce EV parts. Production starts in 2027, targeting 400,000 units yearly, with a possible increase to 600,000.

7. China's 🇨🇳 embassy in Spain 🇪🇸 announced that Stellantis 🇫🇷🇮🇹🇺🇲 and Leapmotor 🇨🇳 plan a $200 million investment in a Zaragoza factory 🇪🇸, likely to produce the B10 electric crossover for the European market from 2026.

8. Leapmotor 🇨🇳 reported that it has started selling two electric vehicle models at Stellantis dealerships in Britain 🇬🇧, with the T03 compact car and C10 SUV available at 44 locations.

9. SK On 🇰🇷 reported that it won a deal to supply batteries for Nissan's 🇯🇵 electric vehicles in the US 🇺🇲, with plans to provide batteries for next generation EVs built in Mississippi 🇺🇲 from 2028 for six years.

10. Hyundai Motor 🇰🇷 and General Motors 🇺🇸 reported that they are near finalizing a deal where Hyundai shares two electric commercial van models with GM, while GM might provide Hyundai with pickup trucks to sell in North America.

11. Mitsubishi Motors 🇯🇵 plans to outsource EV production to Foxconn 🇹🇼 to cut costs and speed development.

12. Honda 🇯🇵 and Acura 🇯🇵 announced that their EV owners can use over 20,000 Tesla Superchargers starting in June this year.

13. Tesla 🇺🇸 recalled 46,000 Cybertrucks in the US due to an exterior panel that may detach while driving. The fix, free of charge, includes a new adhesive and reinforced stud.

14. Toronto 🇨🇦 Mayor Olivia Chow said that the city no longer provides financial incentives for Tesla vehicles purchased as taxis or ride shares due to trade tensions with the 🇺🇸.

15. California Public Utilities Commission announced that Tesla 🇺🇲 received the first approval required for its robotaxi service. The transportation charter-party carrier permit allows Tesla to own vehicles and transport employees on pre-arranged trips.

16. Nvidia 🇺🇲 announced a partnership with General Motors 🇺🇲 to develop full self-driving cars, AI for manufacturing, enterprise, design, simulation, and in-car systems to transform GM’s operations.

Charged up for more? See you next week.

Stay in motion, Mobility Prof

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