News

GM Says EV Owners Could Earn Money by Sending Power Back to the Grid
As utilities face rising demand from extreme weather events, growing electrification, and energy-intensive AI data centers, GM believes EVs can serve as distributed energy assets that help stabilize power networks while providing financial benefits to owners.

Ford Racing Shifts From EV-Only Demonstrators to Hybrid Development
The move reflects the automaker’s broader product strategy, which now includes significant investments across multiple propulsion technologies as Ford continues developing lessons from both racing and road-car programs.

Polestar 4 Coupe Launches in Korea With Lower Prices and Chassis Upgrades
The Swedish EV maker removed the “SUV” designation from the vehicle’s name, repositioning it as a coupe while enhancing ride and handling characteristics and reducing prices by up to 2 million won ($1,450) for some variants. Online sales began on June 11.

BYD Da Han Filing Shows 764 HP AWD Version and Flash-Charging Battery
The filing also showed battery-electric and plug-in hybrid variants, with the most powerful version capable of reaching a top speed of 270 km/h.

Nio ES8 Set to Reach 120,000 Deliveries This Month
The milestones come as Nio expects overall June deliveries to exceed 40,000 vehicles, potentially setting the stage for another strong month as competition intensifies in China’s premium EV segment.