EV

[Brief] General Motors (GM) has announced plans to develop new energy storage battery technology, responding to slowing electric vehicle sales growth. According to The New York Times, GM is exploring new battery chemistry to serve AI data center and grid-scale energy storage markets. This strategic shift comes as global EV demand growth shows signs of deceleration. GM’s move reflects a broader industry trend where battery technology is transitioning from “automotive-exclusive” to “multi-scenario” applications. ...

Key Points Ferrari officially unveiled its first fully electric vehicle, the Luce, marking the Italian automaker’s entry into the EV era. However, the market reaction was negative — shares fell approximately 7% on the day of the announcement. Details The Luce is Ferrari’s first production car without any internal combustion engine, featuring a dual-motor all-wheel-drive system. The company claims a range of over 400 km and a 0-100 km/h time under 3 seconds, maintaining Ferrari’s performance heritage. ...

BYD passenger vehicle deliveries declined year-over-year in April, marking the eighth consecutive monthly drop, while Stellantis-backed Leapmotor posted record deliveries in the same period.