02/08/24 - New Mini Cooper S announced 🚗, Ford is building a low-cost EV platform to compete with Tesla 🏭, Daimler Truck and Linde revolutionize liquid hydrogen refueling 🤖

GM. Rev up your day with the latest automotive news and insights delivered to your inbox in our exclusive newsletter! What we cover in today’s edition:

• 🚗 Car reveal/review: 

  • New Mini Cooper S announced

  • 2025 Porsche Boxster EV Sheds Some Camo Ahead Of 2024 Reveal

• 🏭 Industry trend: Ford is building a low-cost EV platform to compete with Tesla, Toyota invests another $1.3 billion for EV production, China vows to help its EV champions succeed overseas,

• 🤖 Auto Tech: Daimler Truck and Linde set new standard for liquid hydrogen refueling technology

Not dead yet: new Mini Cooper S announced (4 mins read)

The new Mini Cooper S features a 2.0-liter, 4-cylinder turbo engine with 204hp, 221lb-ft torque, and a 0-62mph time of 6.6 seconds. The price starts at £26,700 ($36,220), and the car is available for order with deliveries expected in the spring. It offers various customization options and comes in different colors like Ocean Wave Green and Sunny Side Yellow. The car is also available in the US with a 2.0-liter engine, 189hp, and 206 lb-ft torque, with a 0-60mph time of 6.4 seconds. Read more.

2025 Porsche Boxster EV Sheds Some Camo Ahead Of 2024 Reveal (3 mins read)

The 2025 Porsche Boxster EV, spied in Stuttgart, shows reduced camouflage, resembling the Taycan. Expect similar aesthetics for easier EV adoption. Powertrain details remain undisclosed, but initial variants may include single-motor RWD and dual-motor AWD models. Read more.

Ford is building a low-cost EV platform to compete with Tesla (4 mins read)

Ford establishes a specialized team to construct an economical EV platform, countering Tesla's dominance in the affordable electric vehicle market. Despite Ford's record EV sales, it postpones $12 billion in EV spending to align with demand. Tesla's development of a low-cost model intensifies competition in the affordable EV sector. Read more.

Toyota invests another $1.3 billion for EV production in Kentucky (3 mins read)

Toyota invests $1.3 billion in its Georgetown, Kentucky factory, adding a battery pack assembly line for its forthcoming three-row electric SUV. Despite lagging in EVs, Toyota plans to sell 3.5 million EVs by 2030, relying on various battery chemistries. The move aligns with industry trends towards hybrid EVs for emissions targets. Read more.

China vows to help its EV champions succeed overseas despite threats of sanctions (4 mins read)

China pledges support for EV makers facing trade restrictions, aiding global expansion. Chinese firms shipped 1.2M EVs worldwide in 2023, surpassing Japan in exports. BYD emerges as top EV seller, plans European factory. Tensions rise with EU and US over EV imports and battery regulations. Read more.

Daimler Truck and Linde set new standard for liquid hydrogen refueling technology(7 mins read)

Daimler Truck and Linde Engineering introduce sLH2, a liquid hydrogen refueling technology, boasting faster, cheaper, and more efficient fueling for heavy-duty trucks. This innovation, inaugurated in Wörth am Rhein, Germany, reduces energy consumption, enhances performance, and aims to establish a global standard, potentially challenging conventional hydrogen refueling methods. Read more.