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1. Ford is adjusting its EV strategy to focus on profitable, capital-efficient growth by offering a range of electrification options, including new commercial vans, pickup trucks, and long-range SUVs.
2. Chinese electric car company Nio plans to install battery charging stations in all of China's 2,844 counties by June 2025 and expand its battery swap stations to over 2,300 counties by the end of 2025.
3. As of June 2024, California leads the U.S. with 3,026 EVs per 100,000 people, while Mississippi has the fewest with only 110 EVs per 100,000 people.
4. The EU Commission announced plans to impose reduced tariffs of 9% on Tesla's EVs imported from China, down from the previously anticipated 20.8%.
5. Xiaomi reported strong Q2 2024 results with a 32% YoY revenue increase to $12.5 billion, driven by robust growth across its core businesses—smartphones, IoT, and internet services—and significant progress in its smart EV business.
6. Stellantis has appointed Tim Fallon, former Rivian executive and Nissan veteran, as the new head of Manufacturing in North America, as part of its electric vehicle expansion strategy.
7. Automobili Pininfarina has delivered its first one-off coach-built electric hypercar, Battista Targamerica, a unique, personalized masterpiece reflecting the client's tastes and offering an unparalleled open-top driving experience.
8. Lucid Group, Inc. has introduced flexible and competitive leasing options for its advanced EVs in Canada.
9. Enteligent Inc. has raised $6 million to scale the commercialization of its solar-powered DC-to-DC chargers and PV module power optimizers.
10. ZEEKR reported a strong second quarter of 2024 with 54,811 vehicle deliveries (a 100% year-over-year increase).
11. Can-Am is reviving its two-wheel heritage with the launch of its 2025 Pulse and Origin electric motorcycles, featuring BRP’s Rotax E-Power technology, innovative cooling systems, and a variety of riding modes.
12. Bollinger Motors announced that production of its all-new Bollinger B4 Chassis Cab, a Class 4 electric commercial truck, will begin on September 16, 2024.

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