🎉U.S. EV Market Breaks Records… 

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1. The Volkswagen Group reported a 45% increase in all-electric vehicle deliveries in the first nine months of 2023, totaling 531,500 BEVs, with a BEV share of 7.9% of total deliveries, led by significant growth in Europe (61% increase), the USA (74% increase), and a slight increase in China (4%).
2. BYD is set to launch an electric truck by the end of the year, featuring the BYD nameplate, and it is expected to be part of BYD's Ocean Series, designed by ex-Audi and current BYD designer Wolfgang Egger.
3. Mercedes-Benz conducted the first public crash test between two electric vehicles, featuring the EQS SUV and the Europe-market EQA, to demonstrate the safety of EVs and highlight the measures taken to protect occupants and high-voltage battery systems in the event of a crash.
4. Honda and Mitsubishi have signed an agreement to explore new businesses utilizing electric vehicle batteries, including using EV batteries as an energy source and setting up a business to monitor battery usage, transfer auto batteries to stationary energy storage, and cooperate in "smart charging" and the "Vehicle to Grid" system, aiming to lower electricity bills for customers and improve battery material usage.
5. Electric vehicle sales in the U.S. reached a record high in Q3, surpassing 300,000 units for the first time, with year-to-date sales through September exceeding 873,000, putting the market on track to surpass 1 million units for the first time in November.
6. Continuing its expansion efforts in China, Fisker intends to open its first Fisker Lounge in Shanghai to provide a closer look at Fisker vehicles to customers, aiming to position itself as one of the few pure foreign EV brands in the rapidly growing Chinese EV market.
7. The upcoming Kia EV9 three-row SUV achieved an EPA-estimated 304 miles of all-electric driving range in its Light Long Range RWD trim, surpassing the initial target of 300 miles, and it will be available with diverse powertrain options and drive modes to suit various customer preferences.  Reservations for the EV9 opened yesterday.
8. AFWERX and BETA Technologies are constructing the first Level 3 direct current electric vehicle fast charging station on a military installation at Duke Field, Florida, to facilitate fast charging for electric vertical take-off and landing aircraft testing.
9. Power Innovations International (Pii), LITEON Technology's subsidiary has introduced a Level 3 Electric Vehicle DC fast charger that can be integrated into various input voltage configurations of US power distribution infrastructure without derating.
10. The main challenges facing non-Tesla EV charging networks, such as Electrify America, include chargers that don't work properly, often due to component issues, and a surge in demand for charging services, with the need to acquire and maintain parts being a key challenge, according to Anthony Lampkin, VP of Operations at Electrify America.

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