March 06, 2025

Wrapping up yet another week with Thursday’s edition, including:

• Harbinger launches IRA guarantee
• Kia EV9: vehicle to home charging technology arrives
• All-new, fully electric Volvo ES90
• Cadillac’s all-electric 2026 ESCALADE IQL
• Xiaomi to sell EVs globally ‘within the next few years’
• BYD priced $5.6bn h-share accelerated bookbuild offering
• Video: IONIQ 9 First Drive

These EV stories and more just below.  Subscribe to Mobility EVo for the latest updates, and be sure to spread the word—tell everyone you know so they don’t miss out!

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Top EV News Stories Powered by EV.Careers

1. IRA Risk-Free Guarantee, Harbinger ensures customers receive a cost reduction equivalent to the IRA 45W Commercial Clean Vehicle Credit—approximately $12,900 per vehicle—even if the tax credit is repealed.

2. Eligible Kia EV9 owners can now pre-order Wallbox's Quasar 2 bi-directional charger, enabling Vehicle-to-Home capabilities that allow the EV9 to power homes during outages, reduce electricity costs, and optimize energy usage, with limited availability in select states before a nationwide rollout.

3. The new electric Volvo ES90 features cutting-edge safety technology, an advanced core computing system, 800V fast-charging capability, and a luxurious, high-tech interior—offering up to 434 miles of range.

4. Cadillac expands the Escalade lineup with the all-electric 2026 ESCALADE IQL, offering increased space, luxury, cutting-edge technology, and up to 460 miles of range.

5. After launching its premium SU7 Ultra EV in China, which starts at $72,627 and secured 15,000 orders within 24 hours, Xiaomi plans to expand its EV sales globally within the next few years.

6. Successfully pricing its $5.6 billion H-share accelerated bookbuild offering, the largest global equity follow-on in the automotive sector in the past decade, BYD attracted strong investor demand while advancing its international expansion, NEV growth, and technological advancements.

7. Fourth-quarter fiscal 2025 revenue of $102 million and full-year revenue of $417 million were reported by ChargePoint, with subscription revenue up 14% year-over-year, reduced operating expenses, and a projection of first-quarter fiscal 2026 revenue between $95 million and $105 million.

8. Successfully completing its first round of real-world validation testing, Aptera confirmed industry-leading aerodynamic efficiency, record-low energy consumption, and real-world performance as it moves toward full-scale production for nearly 50,000 pre-order holders.

9. An indirect replacement for the EQC, the new Mercedes-Benz GLC EV integrates with its combustion-powered counterpart, featuring the new MB.EA platform, advanced eATS 2.0 drivetrain, a 94.5kWh battery with over 404 miles of range, and innovative regenerative braking.

10. A $20 million investment will expand PVDF production capacity by 15% at Arkema's Calvert City, Kentucky, plant by mid-2026, supporting growing demand for high-performance resins in lithium-ion batteries, semiconductors, and cable markets.

11. BMW will celebrate its 50th anniversary in North America and the 3 Series' golden anniversary at The Amelia, featuring the US premiere of the 2026 BMW iX and a display showcasing the evolution of the iconic 3 Series, along with a special Cars & Community car show.

IONIQ 9 First Drive

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

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