March 25, 2025

Deepen your knowledge, inspire new ideas, and enhance your enjoyment of the subject! Tuesday brings:

• Hyundai plans $21 billion U.S. investment, including a $5.8 billion steel plant in Louisiana.
• Honda owners will access Tesla Superchargers via adapters starting June 2025.
• Karma Automotive unveils Amaris electric coupe for 2026, shifting Gyesera model to extended-range powertrain.
• Cadillac launches Optiq electric SUV at $54,000 with 300-mile range.
• NIO achieves 38.7% vehicle delivery increase in 2024, reaching 221,970 units.
• Video: Rolls Royce Spectre Black Badge

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1. A massive $21 billion U.S. investment has been announced by Hyundai, including a $5.8 billion steel plant in Louisiana that will hire over 1,400 employees and produce next-generation steel for its EVmanufacturing.

2. Starting June 2025, Honda Prologue and Acura ZDX owners can purchase Honda-approved NACS-CCS adapters from authorized dealers, granting access to over 20,000 Tesla Superchargers across the U.S. for a safer and more reliable charging experience.

3. The stunning Amaris 2-door coupe with a next-generation Extended-Range Electric Vehicle powertrain scheduled for 2026 production has been unveiled by Karma Automotive, which is also shifting its strategy for the Gyesera 4-door model from fully electric to EREV powertrain

4. Cadillac has introduced the Optiq, its new compact electric SUV priced starting at $54,000, offering an estimated range of 300 miles, advanced technology features, and a sleek design that aims to make electric vehicles more accessible to luxury SUV buyers.

5. Driven by rising demand for both its NIO and ONVO brands, 2024 saw a 38.7% increase in vehicle deliveries to 221,970 units, total annual revenue of $9 billion, and improved vehicle margins of 12.3%.

6. In 2024, Xiaomi’s smart EV business saw significant growth with 136,854 Xiaomi SU7 Series vehicles delivered in nine months, while the launch of the ultra-premium Xiaomi SU7 Ultra in 2025 exceeded 10,000 locked-in orders within three days, contributing to the company’s target of delivering 350,000 EVs in 2025.

7. Built on an EV platform and optimized for autonomous driving using open-source software, a new robotaxi prototype has been unveiled, with TIER IV sharing its design to accelerate industry adoption and support Japan's leadership in the global robotaxi market.

8. SUSCO Public Company Limited has partnered with U Power Limited to deploy UOTTA battery-swapping technology across its fueling stations in Thailand, accelerating EV adoption and positioning U Power as a leader in the country's commercial EV battery-swapping market.

9. President Donald Trump's new Executive Order on critical minerals expands government support through grants, loans, and permitting reforms, strengthening Graphite One's position to advance its U.S.-based graphite supply chain, including its Alaska deposit and Ohio manufacturing plant.

10. With over 104,000 EV charging ports now surpassing the approximately 100,000 gas pumps, California has reached a significant milestone in its clean energy transition as state officials continue pushing toward their goal.

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