Geely unveiled the world’s first hybrid car with a replaceable battery

Geely unveiled the world's first hybrid car with a replaceable battery

Geely has announced the Haoyue R7 crossover, which it positions as the world’s first “hybrid” with the ability to quickly replace the battery with a pre-charged one. In addition, the new product can boast a large power reserve. Haoyue R7 will be compatible with CATL’s battery swapping technology at special stations. If necessary, car owners … Read more

India Unveils New EV Manufacturing Policy, But Tesla Won’t Set Up a Factory

Tesla car

In a significant move toward promoting sustainable transportation, the Government of India has introduced a new policy to boost the local production of electric passenger vehicles. The initiative, titled the Scheme to Promote Manufacturing of Electric Passenger Cars in India (SPMEPCI), aims to position India as a global hub for electric vehicle (EV) manufacturing. Launched … Read more

BYD Rejects Financial Instability Claims, Denies Evergrande Comparisons

Photo BYD

Chinese electric vehicle giant BYD has issued a strong statement refuting comparisons to the financially troubled property developer Evergrande. This denial comes after comments made by the head of rival automaker Great Wall Motor, who suggested a potential crisis in the car industry mirroring Evergrande’s financial collapse. For context, in 2021, China’s construction and finance … Read more