February 27, 2025

Ending February on a high note! Enjoy the weekend, get outside and don’t forget to read Thursday’s Mobility EVo, including:

• Mercedes: passenger car and Formula 1 engineers team up
• Toyota to reveal all-new battery EV
• Lucid announces Q4 and 24’ results
• GM reports change in EV sales: getting stronger
• Winter adventure with the MINI Aceman SE
• Li Auto touts new all-electric SUV
• EV Video: How long will it coast?

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“The trees were still leafless, and the land had the desolate look of a February that seemed never to end.”
–  Ernest Hemingway

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Top EV News Stories Powered by EV.Careers

1. A newly developed solid-state battery, created through a collaboration between Mercedes-Benz and Factorial Energy, has been integrated into a modified EQS Sedan, delivering 25% longer range, improved efficiency, and enhanced safety, with road testing beginning in February 2025.

2. A sleek and versatile new battery electric coupe with enhanced driving dynamics and strong emotional appeal will be unveiled by Toyota on March 12, 2025.

3. With record deliveries in 2024, $807.8 million in annual revenue, and plans to produce 20,000 vehicles in 2025, Lucid also announced a CEO transition as Marc Winterhoff steps in as Interim CEO.

4. Now the second-largest EV brand in America, GM has doubled its market share in 2024 and plans to strengthen its EV lineup in 2025 with new Cadillac models while targeting improved profitability.

5. The all-electric MINI Aceman SE, with its spacious design, powerful drive, and excellent driving dynamics, is an ideal winter companion, offering ample room for passengers and gear while ensuring a safe and dynamic driving experience.

6. Following Peter Rawlinson’s decision to step aside from his roles, Lucid has appointed Marc Winterhoff as Interim CEO while the company searches for a permanent leader to drive its next phase of growth and innovation in electric vehicles.

7. Shares of Li Auto are rising after the unveiling of its all-electric Li i8 SUV, strengthening its competitive position in China's automotive market, as analyzed by Market Domination's Julie Hyman and Josh Lipton.

8. The Gen 4 product line from BTC POWER has achieved certification for the OCPP 2.0.1 standard, offering enhanced security, smarter energy management, and improved interoperability for EV charging systems.

9. The first Voltline switchboard, a locally manufactured solution designed to meet the needs of the electric vehicle charging infrastructure market, has been successfully deployed by Bectrol, offering a reliable and fast alternative to imported products.

10. EVgo Inc. will release its fourth quarter and full-year 2024 financial results on March 4, 2025, followed by a webcast at 8 a.m. ET hosted by its management team.

11. The WA Senate passed a bipartisan bill requiring electricians to be certified through a nationally recognized program to install EV charging stations at state-owned facilities, aiming to improve reliability and safety amid increasing EV adoption in Washington.

12. The Michigan State Police have leased their first EV, a 2024 Ford Mustang Mach-E AWD, for $1,062 per month to test its patrol capabilities in an urban environment as part of the state's broader push to expand EV adoption.

How long will it coast?

*If you’re using Outlook, click “Read Online” at the top to see the video links above.

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