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Mobility
Stellantis, Factorial begin first solid-state battery road test in North America
Stellantis and solid-state battery developer Factorial Energy have begun the first on-road test of a solid-state electric vehicle battery in North America. The companies are using a Dodge Charger Daytona development vehicle equipped with Factorial\'s FEST cells. They said the test is the first to integrate a solid-state battery into a North American EV platform for validation in real road conditions. Factorial recently listed on Nasdaq under the symbol FAC.
Industry
China cuts costs, U.S. strips features as low-cost EV strategies diverge
U.S. automakers are reviewing an ultra-minimal strategy to target the low-cost electric vehicle market around $30,000 by removing features from base trims to cut prices. The approach contrasts with Chinese companies that pursue low-price, high-spec vehicles by lowering costs through software-defined architecture, battery improvements and vertical integration. Political factors also weigh, amid congressional moves to block Chinese EV inflows.
Automotive
Mixed view of Tesla as competition intensifies in China\'s EV market
Market sentiment around Tesla is split. The Cybertruck drew strong demand on an 80 million won price strategy, but changes to rules on transferring FSD have added to buyer complaints. In Canada, Tesla moved Model 3 inventory in preparation for China-made imports. An environmental assessment ranked Tesla the most eco-friendly EV brand. Even with Model Y listed as the top-selling global EV model in 2026 Q1, the response remains less upbeat than expected.