Polestar Launches Flexible Lease Program

Swedish electric car maker Polestar has launched a flexible lease to keep customers and reservation holders from defecting as it faces delays in bringing a volume crossover to market.

Our Next Energy Develops EV Battery with 608-Mile Range for BMW iX

Lithium iron phosphate battery supplier Our Next Energy says its dual-chemistry battery has reached 608 miles of range on a single charge in the electric BMW iX. The battery was assessed through the Worldwide Harmonized Light Vehicles Test Procedure, the European standard for determining EV range.

Lexus, Toyota to Adopt Tesla Production Method for Next EVs

Toyota Motor Corp. has tapped premium brand Lexus to lead the company's shift toward using gigacasting for large aluminum parts. According to Automotive News, the production method pioneered by electric vehicle leader Tesla Inc. is being adopted by automakers such as Volvo — starting in 2025 for its next-generation EVs — as well as Ford and Hyundai.