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Stellantis has introduced a new electric vehicle battery technology known as Intelligent Battery Integrated System (IBIS), which integrates the charger and inverter directly into the battery pack, minimizing complexity, space requirements, and maintenance needs. Stellantis describes the IBIS system as a groundbreaking innovation that will enable future EVs to be lighter, more efficient, and faster. Co-developed with Saft, Sherpa Engineering, Université Paris-Saclay, and Institut Lafayette, Stellantis’ IBIS system integrates the charger and inverter directly into the battery pack. This design enhances efficiency not only during the battery’s initial automotive life but also into its second life. IBIS enables electric vehicle batteries…
Hyundai’s luxury arm, Genesis, is preparing to launch a range of new vehicles, including its first hybrids and electric models, a high-end flagship SUV, and a rugged off-roader, as the brand aims to reach annual sales of 350,000 vehicles by 2030. The company projects sales of 225,000 vehicles from its lineup of three sedans (G70, G80, G90) and three SUVs (GV60, GV70, GV80). The automaker plans to expand beyond this six-model range with a flagship SUV inspired by the Neolun concept and has confirmed that the X Gran Equator luxury off-road concept will enter production this year. “We are also…
Porsche has postponed the release of several upcoming EV models, a move that Volkswagen, its parent company, estimates will result in a $6 billion hit to future profits. The German luxury automaker has confirmed that its upcoming SUV, internally referred to as the K1 and positioned as the successor to the Cayenne, will not debut as a fully electric model. Instead, the K1 will feature a combination of a traditional combustion engine and a plug-in hybrid system. This decision comes as the company reevaluates its strategic direction in response to declining sales and mounting market challenges. Porsche has acknowledged that…
Nissan’s all-electric SUV, the Ariya, will no longer be available in the U.S. market starting in 2026. The automaker has officially removed the Ariya from its upcoming lineup as it shifts focus toward launching a revamped version of the LEAF EV. According to Automotive News, Nissan intends to end Ariya production for the U.S. market for the 2026 model year. The decision is part of Nissan’s broader cost-cutting strategy aimed at reducing operational expenses and improving profitability. The Ariya, which marked Nissan’s re-entry into the EV segment following the launch of its LEAF hatchback in 2010, now appears to be…
The U.S. National Highway Traffic Safety Administration on Friday stated that it will postpone the rollout of changes to the federal New Car Assessment Program (NCAP), which were finalized in December, following a request from automakers. As reported by Reuters, the NHTSA is delaying its planned updates to the five-star New Car Assessment Program, granting automakers an additional year to comply with the new, stringent standards. The update, initially planned for the 2026 model year, has been postponed to 2027 after the industry stated that the agency had failed to release the necessary test procedures for evaluating pedestrian protection in…
Tesla Group, a manufacturer of battery energy storage systems, has signed a $1 billion deal with London-based SRAM & MRAM Group, a global leader in technology and sustainable development, to establish EV battery plants in India and several other countries. In a statement, SRAM & MRAM Group Chairman Sailesh Hiranandani said the project involves building five electric vehicle battery ‘gigafactories’ in India, along with 15 more facilities in countries such as Malaysia, the United States, Oman, the United Arab Emirates (UAE), Cambodia, and Brazil. “The collaboration will create one of the largest battery manufacturing and storage supply chains for electric…
U.S. chipmaking giant Nvidia signed a letter of intent on Thursday to invest $500 million in the next funding round of Wayve, a UK-based autonomous driving startup, according to a report by Reuters. As per the report, the AI chipmaker has committed to investing £2 billion (approximately $2.70 billion) to support the UK’s artificial intelligence startup ecosystem. Nvidia’s investment in Wayve follows a newly signed U.S.-UK technology agreement aimed at enhancing both countries’ capabilities in artificial intelligence and related sectors. Nvidia had previously taken part in Wayve’s Series C funding round, and their collaboration dates back to 2018. Since then,…
Mitsubishi Motors has introduced its first battery-electric vehicle, the Eclipse Cross compact SUV, through its partnership with Renault. Unveiled in Brussels on Wednesday, the Eclipse Cross compact SUV is built on the Renault Scenic platform. It serves as the successor to the previous Eclipse Cross, which featured plug-in hybrid technology. Manufactured at Renault’s ElectriCity plant in Douai, France, the compact SUV closely resembles the Renault Scénic E-Tech. Built on the CMF-EV platform and designed solely as a fully electric vehicle, the SUV features an 87 kWh battery boasting an estimated driving range of up to 600 kilometers, a peak power…
Nissan revealed on Tuesday that it will shut down its design studios in California and São Paulo while reducing its operations in the UK and Japan as part of efforts to streamline its global design operations. The restructuring is aligned with the automaker’s ‘Re:Nissan’ strategy, which aims to build a more agile and tech-driven organization ready for future challenges. Nissan will phase out the activities of Nissan Design America (NDA) and Nissan Design Latin America (NDLA). Nissan stated that its Atsugi facility in Japan will become the central hub for global design. Studio Six in Los Angeles will become the…
Chinese carmaker Chery Automobile has declared its exit from the Russian market, citing the need to align with global sanctions and to facilitate its upcoming initial public offering (IPO) in Hong Kong, according to a report by Nikkei. Chery explained that its decision to scale back operations in Russia was to ensure it remains fully compliant with international sanctions and export regulations. The withdrawal will take place in stages, with the company aiming to finish the process by 2027. Chery plans to raise around $1.2 billion from its planned IPO. The company indicated that the majority of the funds will…

