#Irs
Latest EV news tagged #Irs

Finland Approves Tesla Assisted Driving for Use on Public Roads
Finland’s transport authority has recognized a Dutch provisional type-approval so Tesla Assisted Driving can be used on Finnish roads. Traficom said on November 11 that the recognition, dated November 10, allows Tesla to start offering the system to customers in Finland immediately.

BYD Produces Its 19 Millionth NEV as Fang Cheng Bao Opens Tai 9 Reservations
BYD has produced its 19 millionth new energy vehicle, and the milestone car is a Fang Cheng Bao Tai 9 plug-in hybrid SUV. The company announced the figure on Monday, 124 days after it marked its 17 millionth NEV on July 8, and Fang Cheng Bao opened reservations for the Tai 9 the same day.

Polestar Reveals the Formula 2030 Concept to Preview the Next Polestar 2 and Polestar 7
Polestar has revealed a new concept car, Formula 2030, as a physical preview of the brand’s future design direction. Design features from the concept are confirmed to appear on the next-generation Polestar 2, planned for 2027, and on the forthcoming Polestar 7 compact SUV, due in 2028.

Ford Says 2021 Mustang Mach-E Batteries Have Retained 92% of Usable Capacity After Five Years
Ford says the batteries in its 2021 Mustang Mach-E electric SUVs have retained an average of 92% of their usable capacity after more than five years on the road. The company based that result on battery state-of-health data, current as of August 2026, covering about 36,000 model-year 2021 Mach-E vehicles sold to retail and fleet customers in the United States and Canada.

Nio Delivers Its 40,000th ES9 Less Than Six Months After the Model Went on Sale
Nio has delivered its 40,000th ES9 flagship electric SUV, less than six months after the model went on sale in China. William Li, Nio’s founder, chairman and CEO, disclosed the figure on Wednesday as he delivered the vehicle to Zhang Wenjie, who chairs Hangzhou H-Power Biopharmaceutical Group.

Lucid Reduces Cash Consumption 30% in the Third Quarter of 2026 and Expands Its PIF Credit Line by $1.75 Billion
Lucid reported third-quarter revenue of $350 million and said it cut free cash flow consumption by 30% from the prior quarter, to $1.04 billion. Lucid also said its delayed-draw loan facility with the Public Investment Fund of Saudi Arabia was increased by $1.75 billion, taking pro forma liquidity to $3.75 billion.

Rivian Will Add Alternative Routes, Spoken Alerts and Arrival Charge Controls to R1 and R2 in Update 2026.41
Rivian plans to bring a set of navigation upgrades to its R1 and R2 vehicles in the next over-the-air software update, 2026.41. Owners will be able to pick other routes, hear Waze and Google Maps alerts out loud, see more road warnings and traffic-sign icons, and choose how much charge they want left at a stop or at their destination, though Rivian has not said when the software will start to roll out.

Tesla Starts Robotaxi Service in San Antonio at 5 a.m. Central on November 9
Tesla has opened its Robotaxi service in San Antonio, with the official account saying rides would be available from 5 a.m. Central on November 9. The company posted a launch-geofence map of central and north San Antonio but did not say how many vehicles would run the city, which models would be used, or what hours and fares would apply.

BMW to Bring Navigation-Guided Level 2 City Driving Assistance to the iX3 in Germany From 2027
When a BMW Maps route is running, the SAE Level 2 system will be able to help with turning, changing lanes in town, giving way at junctions and getting through roundabouts, though the driver stays responsible for the car.

Ford Pro Opens Sales of Electric Transit City Van in Argentina on November 9
The van uses a 56 kWh LFP battery rated for up to 381 km in the WLTP urban cycle and 254 km in the WLTP combined cycle, while pricing is being held back until the van’s public debut at the Fenatran show in São Paulo.

Ford Fathom Electric Pickup’s Top Trim Will Reportedly Cost Less Than $40,000
Ford’s upcoming Fathom midsize electric pickup is being positioned as an affordable EV truck, with even its highest trim reportedly expected to stay below $40,000. The Fathom will be the first vehicle on Ford’s Universal Electric Vehicle platform, with a starting MSRP of $28,350, or $29,945 including the $1,595 destination fee, and a planned late-2027 launch.

XPeng Launches GX and G9L Extended-Range SUVs in 11 Middle East and African Markets
XPeng has put its GX and G9L extended-range flagship SUVs on sale in 11 countries each across the Middle East and Africa, pairing an 800V architecture with 5C fast charging as it pushes further overseas. XPeng says the battery can charge from 10% to 80% in as little as 10.7 minutes, and it cites a maximum combined NEDC range of 1,210 km.

Volkswagen Reportedly Pauses Electric ID. Golf Development Amid Cost Pressures
Volkswagen has put development of its next-generation electric ID. Golf on hold for now, saying it needs to secure the investment before work can continue. The move adds fresh uncertainty to an EV that was first planned for 2028 and has already been pushed back to the end of the decade.

BYD BEV Sales Top 300,000 for the First Time as October Sales Hit a Yearly High
BYD sold 305,743 battery electric passenger vehicles in October, passing the 300,000 mark for the first time and setting a monthly record for the third month in a row. That surge gave the Chinese automaker its best month of new energy vehicle sales so far this year, even as its plug-in hybrid sales kept falling compared with a year ago.

Lucid Stock Closes at Record Low After Falling 5.6% on October 30
Lucid shares ended Friday, October 30, at a record closing low of $3.02, leaving the EV maker’s stock down more than 71% so far this year. The close came in below the previous record low of $3.10 from October 19 as investors weighed Lucid’s weak deliveries, its funding needs and its upcoming November 9 earnings report.

Lucid Air Pure Completes 40,000 Miles With No Major Reliability Problems
A 2024 Lucid Air Pure has completed 40,000 miles in Car and Driver’s long-term test, giving the publication an extended look at the luxury electric sedan’s reliability, comfort, efficiency and everyday usability. The car went through two winters and several drivers without leaving anyone stranded, although a handful of smaller problems and quality issues emerged along the way.

Ford Says Its New EV Motors Are 30% More Efficient Than BYD’s
Ford’s $28,350 Fathom electric pickup, the first model on its new Universal Electric Vehicle platform, will use motors, gearboxes and inverters that CEO Jim Farley says are about 30% more efficient than BYD’s. Farley says that efficiency lets Ford fit a smaller battery, reducing the single biggest cost in building an electric vehicle.

Nio Opens First New European Battery Swap Station in More Than a Year
Nio has opened a new battery swap station in Germany, its first new site in Europe in more than 13 months. The third-generation facility brings the automaker’s European total back to 61 locations after a Danish station closed in late 2025.

Geely Auto Reports Record RMB 14.9 Billion Core Profit as Earnings Rise 41%
Geely Auto Group reported record core net profit for the first nine months of 2026, with core net profit attributable to owners of the parent rising 41% year over year to RMB 14.9 billion. The automaker also recorded record third-quarter revenue and profit, while expanding sales across its Geely, Zeekr and Lynk & Co brands and increasing exports to markets outside China.

BYD Tang EV Arrives at Chinese Dealers With 691 HP and New Electric Platform
BYD’s third-generation Tang EV is now showing up at Chinese dealerships, with its public debut expected at the Guangzhou Auto Show in November. Built on a dedicated EV platform for the first time, the redesigned SUV gets five seats, dual-chamber air suspension, a roof-mounted LiDAR sensor and an all-wheel-drive version producing 515 kW (691 hp).