Your EVs & mobility news Recap - Week 19 🚘⚡️

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You subscribed to brief weekly summaries—designed to be read in under two minutes. Here’s your Week 19 update:

1. Renault 🇫🇷 announced its limited-edition electric R5 Turbo 3E received 850 orders in one week despite a €155,000 price tag. This cas will use first-ever in-wheel motors for a production car.

2. Novo Energy 🇸🇪 said it will cut 50% of staff, or 150 jobs, after Northvolt’s 🇸🇪 bankruptcy, citing costs and poor market conditions. Volvo Cars 🇸🇪 now owns Novo and seeks a new partner.

3. Ferrari 🇮🇹 said that its first fully electric car will hit streets in October 2026.

4. Stellantis 🇫🇷🇮🇹🇺🇲 plans to cut up to 500 jobs through voluntary exits at its Melfi plant 🇮🇹, which employs 5,000 people. This follows a similar plan for 350 job cuts at two other Italian facilities.

5. Uber 🇺🇲 announced that it will partner with Pony AI 🇨🇳 to deploy robotaxis on its platform, first in a Middle East market this year before expanding to other locations.

6. Waymo 🇺🇲 said that it plans to build autonomous Jaguar I-PACE and Zeekr vehicles at a new Arizona plant this year with partner Magna International 🇨🇦.

7. Amazon's Zoox 🇺🇲 announced plans to increase robotaxi production next year by opening a new California facility, expanding beyond its Fremont site. The company will launch public rides in Las Vegas this year, followed by San Francisco.

8. Rivian 🇺🇲 announced that it will invest $120 million to build a supplier park near its Illinois 🇺🇲 plant. One of the main goals is to reduce costs for R2 SUV production.

9. Mazda 🇯🇵 announced it will adopt Tesla’s NACS charging port for its electric vehicles launched in Japan from 2027, following an agreement reached with Tesla 🇺🇸.

10. Geely 🇨🇳 said it offered $2.2 billion to buy the remaining 34.3% of Zeekr 🇨🇳 at $25.66 per share, aiming to streamline operations and counter fierce EV market competition.

11. Mitsubishi Motors 🇯🇵 announced an agreement with Foxconn 🇹🇼 subsidiary Foxtron for an EV model to be developed by Foxtron, manufactured by Yulon in 🇹🇼, and launched in Oceania in the second half of 2026.

12. Mahindra & Mahindra 🇮🇳 reported that SUV sales will grow up to 19% this year despite broader auto industry's 1-2% growth forecast, with its new EVs helping it reach top spot by revenue against Tata Motors and MG Motor.

13. Nissan 🇯🇵 announced it canceled plans for a $1.1 billion EV battery factory in Kyushu 🇯🇵. The company also reportedly prepares to offer early retirement to several hundred staff as part of its restructuring that cuts 9,000 jobs globally.

14. BYD 🇨🇳 said it aims to sell half its cars abroad by 2030, up from 10%. It targets 800,000 foreign sales this year, up from 417,204 out of 4.27 million total.

That’s a wrap for this week—appreciate you reading!

See you next week,

Mobility Prof

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