Autoshift Byte

The expansion of electric vehicle (EV) infrastructure is a key component in Canada’s efforts to reduce transportation sector emissions. To address this, the Canada Infrastructure Bank (CIB) has announced a $194 million loan agreement with JOLT to significantly increase the availability of EV charging stations in urban areas. https://lnkd.in/gDeS5b6d

The UK government has announced a ￡120 million funding package aimed at accelerating the transition to electric vehicles (EVs) for various sectors, including businesses, taxi drivers, and individuals with accessibility needs. This initiative focuses on making cleaner vehicle options more accessible and affordable. https://lnkd.in/gdrp7X46

Tesla China has begun the phased release of its 2024.45.32.12 software update, bringing several notable enhancements to its vehicles. This update focuses on improvements to the Autopilot system, cabin camera functionality, and map data. https://lnkd.in/g9_TV8gT

SAIC Motor Corporation Limited and Huawei Device Co., Ltd. have formalized a strategic partnership in Shanghai, focusing on the development of new energy smart vehicles. The agreement outlines collaboration across several key areas, including product definition, manufacturing, supply chain management, sales, and service. https://lnkd.in/gprUSMDW

Xiaomi EV has officially launched the full rollout of its end-to-end Hyper Autonomous Driving (HAD) system. This comprehensive system is designed to facilitate a streamlined driving experience, encompassing everything from the initial departure to automated parking upon arrival at the destination. https://lnkd.in/g4BUX8th

BYD is set to launch its Atto 2 small electric crossover in France, starting at 28,990 EUR (30,450 USD). This move positions the Atto 2 as a competitive option in the European electric vehicle market, undercutting several established models. The Atto 2, known as the Yuan Up in China, has seen significant sales success domestically and is now expanding its reach. https://lnkd.in/gmeDzfeA

Chery’s Exeed division has initiated pre-sales for its new plug-in hybrid SUV, the Exeed VX C-DM, in China. This vehicle, also known as the Exeed Lanyue C-DM in its domestic market, aims to expand Chery Group’s presence in the new energy vehicle (NEV) sector. The Exeed VX C-DM also made a global debut in Saudi Arabia, suggesting its intention to enter international markets following its Chinese launch. https://lnkd.in/gfYyM_nM

Li Auto has released official images of its i8, a large electric crossover marking the brand’s entry into the pure electric SUV segment. The i8 is positioned as the flagship model within the Li Auto i-series. This development follows Li Auto’s previous focus on extended-range electric vehicles (EREVs) in its L-series and their initial foray into the EV market with the Mega minivan. https://lnkd.in/gwmhe26B

XPENG has initiated a significant step in its international expansion strategy with the shipment of 300 right-hand drive XPENG X9 units to Thailand and other Southeast Asian markets.?The ceremony, held at Guangzhou Port’s Nansha Auto Terminal, marks a progression in the company’s global outreach. https://lnkd.in/gvQ5MUBp

ZEEKR, Geely’s electric vehicle brand, presented the ZEEKR 007 GT on February 24th. This model, a shooting brake variant, joins the existing ZEEKR 001, aiming to broaden the brand’s presence in the electric vehicle market. The 007 GT is scheduled for market release in the second quarter 2025. https://lnkd.in/gxwJRGNg