BEV

FIAT Launches 500e BETA Club, Unique Program for Early Adopters of the All-electric City Car

Retrieved on: 
Thursday, March 21, 2024

FIAT BETA Club rewards select U.S. customers with early 500e deliveries

Key Points: 
  • FIAT BETA Club rewards select U.S. customers with early 500e deliveries
    FIAT BETA Club members get early vehicle delivery, gain VIP access to FIAT events and have a direct line of communication with the brand
    FIAT has launched the 500e BETA Club as part of the all-electric city car's arrival in North America.
  • This unique program rewards loyal FIAT customers and enthusiasts with the privilege of being among the first to receive their Fiat 500e battery-electric vehicle (BEV).
  • The program also provides valuable insights from previous-generation 500e owners who have experience with a city car and its benefits.
  • In early 2024, FIAT brand will launch the Fiat 500e , the first Stellantis retail battery-electric vehicle offering in North America and the best-selling city EV in Europe.

New Report Pegs Cost of Electrifying U.S. Commercial Truck Fleet at $1 Trillion

Retrieved on: 
Tuesday, March 19, 2024

Utilities would need to invest $370 billion to upgrade their grid networks to meet the demands of just commercial vehicles.

Key Points: 
  • Utilities would need to invest $370 billion to upgrade their grid networks to meet the demands of just commercial vehicles.
  • For example, a diesel Class 8 truck costs roughly $180,000, while a comparable battery-electric truck costs over $400,000.
  • Participating associations span motor carriers of every size and sector, truck dealers, truck stop operators and bus industry.
  • "America's commercial truck dealers have made enormous investments to sell and service EVs – nearly $1 billion in this decade.

Applied Intuition Launches Automated Parking Development Solution for ADAS and AD

Retrieved on: 
Monday, March 18, 2024

MOUNTAIN VIEW, Calif., March 18, 2024 /PRNewswire/ -- Applied Intuition, a vehicle software supplier, today announced its new automated parking development solution for advanced driver-assistance systems (ADAS) and automated driving (AD). The solution will allow ADAS and AD development teams to develop, test, and deploy ML-based or classical automated parking systems (APS) up to 12 times faster with improved safety and reliability.

Key Points: 
  • The solution will enable advanced driver-assistance systems (ADAS) and automated driving (AD) engineering teams to develop reliable and efficient automated parking systems (APS) up to 12x faster.
  • MOUNTAIN VIEW, Calif., March 18, 2024 /PRNewswire/ -- Applied Intuition, a vehicle software supplier, today announced its new automated parking development solution for advanced driver-assistance systems (ADAS) and automated driving (AD).
  • The solution will allow ADAS and AD development teams to develop, test, and deploy ML-based or classical automated parking systems (APS) up to 12 times faster with improved safety and reliability.
  • Applied Intuition's automated parking development solution addresses the key challenges of engineering an APS, enabling ADAS and AD development teams to enhance APS safety and reliability while reducing time to market.

Applied Intuition Launches Automated Parking Development Solution for ADAS and AD

Retrieved on: 
Monday, March 18, 2024

MOUNTAIN VIEW, Calif., March 18, 2024 /PRNewswire/ -- Applied Intuition, a vehicle software supplier, today announced its new automated parking development solution for advanced driver-assistance systems (ADAS) and automated driving (AD). The solution will allow ADAS and AD development teams to develop, test, and deploy ML-based or classical automated parking systems (APS) up to 12 times faster with improved safety and reliability.

Key Points: 
  • The solution will enable advanced driver-assistance systems (ADAS) and automated driving (AD) engineering teams to develop reliable and efficient automated parking systems (APS) up to 12x faster.
  • MOUNTAIN VIEW, Calif., March 18, 2024 /PRNewswire/ -- Applied Intuition, a vehicle software supplier, today announced its new automated parking development solution for advanced driver-assistance systems (ADAS) and automated driving (AD).
  • The solution will allow ADAS and AD development teams to develop, test, and deploy ML-based or classical automated parking systems (APS) up to 12 times faster with improved safety and reliability.
  • Applied Intuition's automated parking development solution addresses the key challenges of engineering an APS, enabling ADAS and AD development teams to enhance APS safety and reliability while reducing time to market.

Global and China Hybrid Electric Vehicle (HEV) Research Report 2023-2024: In 2025, the Share of Plug-in/Extended-range Hybrid Electric Passenger Cars by Sales in China is Expected to Rise to 40%

Retrieved on: 
Friday, March 15, 2024

DUBLIN, March 15, 2024 /PRNewswire/ -- The "Global and China Hybrid Electric Vehicle (HEV) Research Report, 2023-2024" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, March 15, 2024 /PRNewswire/ -- The "Global and China Hybrid Electric Vehicle (HEV) Research Report, 2023-2024" report has been added to ResearchAndMarkets.com's offering.
  • In China, plug-in/extended-range hybrid electric passenger cars already make up 30.6% of new energy passenger cars.
  • As new models continue to emerge, the sales of plug-in/extended-range hybrid electric passenger cars will be on the rise.
  • It is expected that by 2025, plug-in/extended-range hybrid electric passenger cars will take up 40% of the new energy passenger car sales in China.

Next Fiat 500e Drop: 'Inspired By Music,' 'Inspired By Beauty'

Retrieved on: 
Monday, March 11, 2024

Celebrating style and culture, the Inspired By models emphasize the Italian DNA of the 500e in a way that only FIAT can."

Key Points: 
  • Celebrating style and culture, the Inspired By models emphasize the Italian DNA of the 500e in a way that only FIAT can."
  • The Fiat 500e is the first all-electric car in its segment to offer Level 2, hands-on driver assist technology.
  • Every Fiat 500e includes FIAT telematics with three years of real-time Fiat 500e smartphone app connectivity.
  • In early 2024, FIAT brand will launch the Fiat 500e , the first Stellantis retail battery-electric vehicle offering in North America and the best-selling city EV in Europe.

Stellantis Announces €5.6 Billion Investment in South America, Marking the Largest Investment in the Region’s Automotive Industry

Retrieved on: 
Wednesday, March 6, 2024

“This announcement solidifies our trust and commitment in the future of the South American automotive industry and is a response to the favorable business environment here,” said Stellantis CEO Carlos Tavares.

Key Points: 
  • “This announcement solidifies our trust and commitment in the future of the South American automotive industry and is a response to the favorable business environment here,” said Stellantis CEO Carlos Tavares.
  • The Stellantis facility in Betim, Brazil is the Company’s global center of expertise for Bio-Hybrid technology, continuing its legacy of innovation.
  • Stellantis is the leader in the three main markets in South America: Brazil, Argentina, and Chile.
  • With this investment, Stellantis will be increasingly prepared to design, develop, and produce modern cars in the region, while also expanding its business.

NIO Inc. Reports Unaudited Fourth Quarter and Full Year 2023 Financial Results

Retrieved on: 
Tuesday, March 5, 2024

SHANGHAI, China, March 05, 2024 (GLOBE NEWSWIRE) -- NIO Inc. (NYSE: NIO; HKEX: 9866; SGX: NIO) (“NIO” or the “Company”), a pioneer and a leading company in the premium smart electric vehicle market, today announced its unaudited financial results for the fourth quarter and full year ended December 31, 2023.

Key Points: 
  • Vehicle sales in the fourth quarter of 2023 were RMB15,438.7 million (US$2,174.5 million), representing an increase of 4.6% from the fourth quarter of 2022 and a decrease of 11.3% from the third quarter of 2023.
  • Other sales in the fourth quarter of 2023 were RMB1,664.5 million (US$234.4 million), representing an increase of 27.6% from the fourth quarter of 2022 and an increase of 0.4% from the third quarter of 2023.
  • Gross margin in the fourth quarter of 2023 was 7.5%, compared with 3.9% in the fourth quarter of 2022 and 8.0% in the third quarter of 2023.
  • Vehicle margin in the fourth quarter of 2023 was 11.9%, compared with 6.8% in the fourth quarter of 2022 and 11.0% in the third quarter of 2023.

XPENG Announces Vehicle Delivery Results for February 2024

Retrieved on: 
Friday, March 1, 2024

GUANGZHOU, China, March 01, 2024 (GLOBE NEWSWIRE) -- XPeng Inc. (“XPENG” or the “Company,” NYSE: XPEV and HKEX: 9868), a leading Chinese smart electric vehicle (“Smart EV”) company, today announced its vehicle delivery results for February 2024.

Key Points: 
  • GUANGZHOU, China, March 01, 2024 (GLOBE NEWSWIRE) -- XPeng Inc. (“XPENG” or the “Company,” NYSE: XPEV and HKEX: 9868), a leading Chinese smart electric vehicle (“Smart EV”) company, today announced its vehicle delivery results for February 2024.
  • In February 2024, XPENG delivered 4,545 Smart EVs.
  • On February 29, 2024, XPENG announced the rollout of unlimited XNGP ADAS function for its experienced ADAS users in China.
  • During the period from January 26 to February 26, XPENG owners’ total smart driving mileage hit 69,777,180 kilometers.

Ayvens Reaches Frame Agreement with Stellantis to Buy Up to 500,000 Vehicles, Making Sustainable Mobility an Easy Choice for All

Retrieved on: 
Monday, February 26, 2024

Ayvens was created in May 2023 when ALD Automotive acquired LeasePlan, one of the world’s leading fleet management and mobility companies.

Key Points: 
  • Ayvens was created in May 2023 when ALD Automotive acquired LeasePlan, one of the world’s leading fleet management and mobility companies.
  • One of the shared priorities will be integrating Stellantis’ innovative range of sustainable vehicles to support Ayvens’ multi-brand strategy.
  • Carlos Tavares, CEO of Stellantis: “I am thrilled to announce a new ground-breaking agreement with Ayvens, which will aid the progressive transition of Ayven’s client base to choosing more sustainable mobility options.
  • By purchasing Stellantis vehicles with state-of-the-art propulsion, including battery electric vehicles, the agreement aligns with Ayvens’ PowerUP 2026 strategic plan to facilitate a progressive transition to sustainable mobility.