🏃BMW M Rewrites the Rules with Electrifying Performance

December 10, 2024

Happy Tuesday! Today is all about:

BMW M electrified: setting new standards
ChargePoint reports Q3 financial results
EV Charging Summit & Expo in Vegas
BYD on track to top 2024 sales goal
Colorado is now the top state for EV adoption
Rivian’s first open-network charger
Don't wanna read? Watch a video on BMW electrification

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Top EV News Stories Powered by EV.Careers

1. Breaking new ground in electrification, BMW M is developing its first all-electric high-performance model featuring revolutionary drive technology with four independent electric motors, promising unmatched precision, agility, and dynamic driving for the next era of performance vehicles.

2. Third-quarter fiscal 2025 revenue reached $100 million, supported by 19% growth in subscription revenue, a 30% reduction in GAAP operating expenses, and improved gross margins, with fourth-quarter revenue guidance set at $95 million to $105 million as ChargePoint prioritizes growth and operational efficiency.

3. Benefiting from surging domestic demand and government-subsidized trade-ins, BYD expanded its market share to 17.1% in China, exceeded its annual sales target of 4 million vehicles, and is on track to overtake Honda and Ford in global 2024 sales.

4. Colorado surpassed California in the third quarter of 2024 as the top state for EV market share, with EVs comprising 25.3% of new vehicle sales.

5. The Joshua Tree Charging Outpost, Rivian's first public fast-charging station, is now open to all electric vehicles. This 24/7 facility offers charging, restrooms, water, a play area, and scenic views, making it a convenient stop for travelers exploring Joshua Tree National Park.

6. Stellantis and Zeta Energy have partnered to develop cost-effective lithium-sulfur EV batteries that promise higher energy density, lighter weight, faster charging, and lower costs, with production targeted for 2030.

7. Offering up to 20 miles of EV charge daily, DartSolar's expanding solar roof rack transforms EVs into mobile power generators with a theft-proof, aerodynamic design, high ROI, and cutting-edge solar technology integration.

8. Strengthening its Midwest presence, Bollinger Motors has partnered with Broadway Ford Truck in St. Louis to expand sales and service for its all-electric class 4 commercial B4 Chassis Cab trucks.

9. The all-electric Kia EV9 and the versatile Kia Sorento were honored as "Best EV of the Year" and "Best SUV of the Year," respectively, by the Hispanic Motor Press at the 2024 Los Angeles Auto Show.

10. In just 37 months since its first model launch, Geely's premium EV brand, Zeekr, reached a milestone by producing its 400,000th vehicle, the Mix minivan, featuring a groundbreaking 93% in-cabin space utilization and achieving 85% year-over-year sales growth through November 2024.

BMW M

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