Category Automotive

Polestar has secured a subordinated term loan facility of up to $600 million from a Geely Sweden Holdings AB subsidiary to support general corporate purposes and ongoing operations.

BMW Group Plant Munich completed functional checks of new production equipment for Neue Klasse vehicles. Series production of the new BMW i3 begins in the second half of 2026.

BMW debuts the iX3 at CES 2026, featuring the first in-vehicle integration of Alexa + and sixth-generation eDrive technology. This model launches the Neue Klasse architecture for future EVs.

Donut Lab and WATT EV partner to integrate in-wheel motor technology with lightweight aluminum skateboard platform, targeting CES 2026 debut with modular architecture for diverse vehicle applications.

Green NCAP testing reveals significant cold-weather range reductions for EVs, with the CUPRA Born losing 33% range while petrol BMWs showed predictable fuel consumption increases.

Dacia's 2026 Spring starts at £12,240 with the brand's £3,750 Electric Car Grant, featuring new 70 hp and 100 hp motors, a 24.3 kWh LFP battery, and 140-mile range.

VinFast inaugurated its $300+ million electric vehicle plant in Subang, Indonesia, establishing 50,000-unit annual production capacity with plans to scale to 350,000 vehicles and achieve 80% localization by 2030.

Nissan begins third-generation LEAF production at its Sunderland Plant following a £450m investment. The upgraded facility features advanced automation and integrates with a local AESC gigafactory for battery supply.

Ford announces a major strategy pivot, prioritizing hybrids and launching a battery energy storage business. The plan includes an EREV F-150 Lightning and $19.5 billion in special charges to rationalize assets.

Ford’s next-gen F-150 Lightning shifts to an EREV architecture, offering 100% electric propulsion with a gas generator to extend range to over 700 miles, solving towing anxiety for professionals.

The 2027 Mercedes-Benz CLA Hybrid features a high-efficiency 48V powertrain, a 1.5L Miller cycle engine, and the AI-driven MB.OS architecture, offering a combined 208 hp and advanced electric driving capabilities.

The Porsche Cayenne Electric introduces a new Driver Experience featuring a curved OLED display, AI voice control, and UWB digital key technology, blending digital innovation with traditional driver-focused ergonomics.

Mitsubishi confirms the summer 2026 UK release of the all-new Outlander PHEV and L200 Series 7, featuring updated powertrains and enhanced off-road capabilities under IM Group management.

Lucid Group introduces Lucid Recharged, a certified pre-owned program featuring 160-point inspections, extended warranty coverage, and software upgrade options for vehicles with under 62,000 miles.

Polestar has begun U.S. deliveries of the Polestar 4, delivering the first unit in Miami. The SUV coupe expands the brand’s North American lineup alongside the Polestar 3.

smart advances development of the all-electric #2, utilizing the new Electric Compact Architecture. Real-world testing is underway to validate the platform, with a global premiere scheduled for late 2026.

XPENG partners with EPMB to launch localized EV production in Malaysia by 2026. This strategic move expands its ASEAN footprint, leveraging local manufacturing expertise to accelerate market penetration and growth.