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Luxury EV marque HiPhi introduced its latest model from its native Shanghai this morning and it’s a marvel in futuristic design language. Described by HiPhi’s founder as a “work of art for the new era,” the HiPhi A is the young automaker’s first collaborative model, built with the help of WESAIL New Energy Automotive. This new EV is packed with tech inside and out, so be sure to read on.

HiPhi is the future-focused EV marque that exists under Human Horizons Technology – a Chinese start-up based in Shanghai that develops autonomous driving and EV technologies. After being founded in 2017, Human Horizons launched the HiPhi EV brand a year later alongside designs for three initial vehicle concepts.

One of those concepts became known as the HiPhi 1 SUV, which evolved into the company’s flagship production model, the HiPhi X “Super SUV.” The X was soon joined by a “Digital GT” called the HiPhi Z in 2022, equipped with a robotic touchscreen and automatic suicide doors.

This past spring, HiPhi began the process of TÜV SÜD testing to allow for sales Europe. By June, HiPhi was sharing EU pricing as certification was in place and even shared plans to add its Y SUV to the lineup overseas, following its debut at the Shanghai Auto Show.

With three bespoke models available, or on their way to China and Europe, the automaker has announced a fourth EV called the HiPhi A – its first model designed as a collaboration with other Chinese entities. Check it out.

HiPhi A teased ahead of debut, limited series run

The luxury EV automaker shared the images above following a global livestream event held from its headquarters in Shanghai earlier today. Also present was WESAIL New Energy Automotive – HiPhi’s partner in the A’s design, providing its proprietary Apollo hypercar elements.

HiPhi supplied its own battery and motor technology to the A hypercar, whose design also kicked off a long-term strategic partnership with ShanghaiTech University – also announced today. Together, the partners will work to complete the process of closed-loop EV development.

The EV’s exterior features a carbon fiber and matte paint finish, while below the vehicle is an industry first carbon fiber, bullet-proof bottom shield and a fireproof sprayed carbon fiber top cover. The interior and exterior features aircraft grade TC4 titanium alloy, as well as high-performance aluminum alloys and nano-ceramics.

Overall, the automaker is describing the collaborative HiPhi A as the ultimate 4-door, 4-seater and a “digital EV hypercar for the next generation.” Per company founder, chairman, and CEO, David Ding:

Current trends will always continue to evolve and change with the advancement of technology and the passage of time, while classic and refined luxury has an enduring appeal. From the internal combustion engine era to the new era of intelligent electric mobility, the top hypercars should represent the pinnacle of innovative technology while still paying tribute to the classics, showcasing the transformative nature as a way to look toward the future. The combination of HiPhi’s luxury product concept, first-class development and industrial capabilities with WESAIL New Energy Automotive’s Apollo supercar elements, combined with the technical expertise and innovation from ShanghaiTech University, makes HiPhi A what it is – a true work of art for this new era.

On the performance side, HiPhi says the 4-door A will be its first model to feature its new powertrain developed in-house, equipped with motors that utilize ultra-high-speed carbon-fiber rotors, sitting atop an 800V platform. The automaker says the EV can accelerate from 0-100 km/h (0-62 mph) in just over 2 seconds and it is targeting a top speed of nearly 300 km/h (186 mph). Lastly, HiPhi says the battery pack in its platform will be able to discharge 1.5MW of power at its peak.

We will learn more about the HiPhi A when it makes its official debut at the Guangzhou Auto Show later this week. For now however, we do know the company’s latest hypercar is scheduled to begin production and initial deliveries in the first quarter of 2025. Its creators say the A will be produced in a limited series run, but to what scope remains to be known. We will report back once we learn more following the auto show event.

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World’s largest oil company Aramco reports higher third-quarter net profit on production boost

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World's largest oil company Aramco reports higher third-quarter net profit on production boost

Logo of Aramco, officially the Saudi Arabian Oil Group, Saudi petroleum and natural gas company, seen on the second day of the 24th World Petroleum Congress at the Big 4 Building at Stampede Park, on September 18, 2023, in Calgary, Canada. 

Artur Widak | Nurphoto | Getty Images

Saudi Aramco on Tuesday posted a 0.9% jump in third-quarter profit on the back of higher production even as oil prices remained under pressure.

Here are Aramco’s third-quarter 2025 results compared with LSEG consensus estimates:

  • Adjusted net income: 104.92 billion Saudi riyals ($27.98 billion) vs. 98.47 billion Saudi riyals
  • Revenue: 418.16 billion vs. 411.26 billion Saudi riyals

“We increased production with minimal incremental cost, and reliably supplied the oil, gas and associated products our customers depend on, driving strong financial performance and quarterly earnings growth,” Aramco CEO Amin Nasser said.

The world’s largest oil company reported a free cash flow of $23.6 billion compared with $22 billion a year earlier. The board also declared the 2025 base dividend of $21.1 billion and performance-linked dividend of $0.2 billion to be paid in the fourth quarter.

The results come as Aramco faces a profit squeeze amid weaker oil prices — down over 6% this year until September — except for a short-lived surge in the second quarter triggered by tensions between Israel and Iran.

Year-to-date, spot prices of the U.S. West Texas Intermediate are down over 16%, data from FactSet showed. Similarly, the global benchmark Brent is down over 12%.

Over the weekend, OPEC+ announced a modest increase in oil production for December and decided to halt further hikes during the first quarter of next year. The cartel members agreed to raise their December production target by 137,000 barrels per day, matching the hike for October and November.

Since April, OPEC+ has raised its output targets by approximately 2.9 million barrels per day but began easing the pace of these increases in October over expectations of a market glut.

Adding to the complexity, new Western sanctions on Russia, a key OPEC+ member, are posing difficulties for the group’s production strategy, as Moscow faces limits in boosting output after the U.S. imposed additional restrictions on the country’s major oil producers Rosneft and Lukoil.

Aramco recently completed its acquisition of a 22.5% stake in Petro Rabigh, Reuters reported, from Japan’s Sumitomo Chemical for $701.8 million, bringing the Saudi company’s total ownership to roughly 60%. The oil giant also recently acquired a minority stake in artificial intelligence company HUMAIN, which is majority owned by Saudi Arabia’s Public Investment Fund.

Nasser added that the company’s stake in HUMAIN is expected to further drive innovation and progress its role in the “crucial and rapidly evolving AI sector.”

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Hydrogen Mafia: Toyota faces $5.7 billion RICO lawsuit

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Hydrogen Mafia: Toyota faces .7 billion RICO lawsuit

A $5.7B lawsuit filed in Federal court alleges that Toyota operated what amounts an organized, fraudulent enterprise that intentionally concealed known, catastrophic safety defects associated with their hydrogen fuel cell-powered Toyota Mirai sedans.

Originally passed as part of the Organized Crime Control Act of 1970, the Racketeer Influenced and Corrupt Organizations (RICO) Act is designed to help prosecutors go after people or companies that commit a pattern of crimes as part of an ongoing organization or enterprise — like the Mafia (which doesn’t exist), or large-scale fraud operations at a corporation.

That RICO statute is now at the center of a new case against Toyota. In it, the plaintiff’s attorneys argue that Toyota knowingly engaged in a decade of fraud surrounding the hydrogen fuel cell-powered MIrai sedan that jeopardized public safety and breached the terms of a previous DOJ settlement.

The case, filed by Jason M. Ingber, lead attorney for the plaintiffs in the US District Court for the Central District of California, is a 142-page RICO complaint alleging that Toyota, its financing arm, and its California dealerships coordinated conspired to market and finance HFCEVs that technicians allegedly referred to as, “ticking hydrogen bombs.”

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“This lawsuit isn’t about a simple defect, it’s about organized fraud,” argues Mr. Ingber. “Toyota engineered, financed, and controlled California’s hydrogen network, then used that control to hide safety failures and financial harm to consumers.”

According to the complaint, Toyota and its hydrogen partner, FirstElement Fuel (True Zero), intentionally concealed evidence of:

  • hydrogen leaks near hot engine components, creating explosion risks
  • sudden power loss, acceleration, and braking failures leading to collisions and injuries
  • a collapsing hydrogen infrastructure, leaving drivers stranded for weeks without access to fuel
  • aggressive financial collection tactics by Toyota Motor Credit Corporation, targeting owners of inoperable vehicles.

The suit further argues that Toyota’s concealment of these facts violates a 2014 Deferred Prosecution Agreement with the US Department of Justice (DOJ), in which the company admitted to concealing safety defects surrounding the highly publicized incidents of unintended-acceleration and agreed to report all (emphasis mine) future safety issues truthfully.

Ingber is seeking treble damages for the class, injunctive relief, and a federal order halting Toyota’s hydrogen enterprise, citing a continuing pattern of mail and wire fraud.

“Toyota built its reputation on trust,” Ingber said, in a statement. “Our case will show how that trust is violated and why consumers deserve accountability now.”

The case is titled Aminah Kamran et al. v. Toyota Motor Corporation et al., and is docketed as Case No. 2:25-cv-09542.

Electrek’s Jo’s Take


Company cites “supply complications” in a letter to customers. Is this the beginning of the end of hydrogen?
Mirai at a hydrogen station; via Shell.

Despite the ebb and flow of media chatter about hydrogen fuel, the simple fact is that America’s hydrogen infrastructure isn’t, and what little infrastructure we did have took a hit last January, when Shell abruptly closed its publicly-accessible charging stations. That left precious few open and operational hydrogen stations available for public use – and the ones that are open don’t seem to be reliable, with Car Complaints reporting that Toyota Mirai owners say they can’t find working hydrogen refueling stations while others complained they had to park their cars for weeks because they couldn’t find hydrogen.

As a result, with supply issues impacting the few stations that are still available (see the DOE’s Alternative Fuels Data Center map, below), it’s tough to argue that Mirai buyers may not have gotten what they were expecting – regardless of the killer, 50% off plus $15,000 in free hydrogen fuel deals that were being offered.

Loading alternative fueling station locator…


SOURCE | IMAGES: CBS News, via CarScoops; Car Complaints.


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FERC: For two years straight, solar leads new US power capacity

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FERC: For two years straight, solar leads new US power capacity

Solar and wind together accounted for 88% of new US electrical generating capacity added in the first eight months of 2025, according to data just released by the Federal Energy Regulatory Commission (FERC) which was reviewed by the SUN DAY Campaign. In August, solar energy alone provided two-thirds of the new capacity, marking two consecutive years in which solar has led every month among all energy sources. Solar and wind each added more new capacity than natural gas did. Within three years, the share of all renewables in installed capacity may exceed 40%.

Solar was 73% of new generating capacity YTD

In its latest monthly “Energy Infrastructure Update” report (with data through August 31, 2025), FERC says 48 “units” of solar totaling 2,702 megawatts (MW) came online in August, accounting for 66.4% of all new generating capacity added during the month. That represents the second-largest monthly capacity increase by solar in 2025, behind only January when 2,945 MW were added.

The 505 units of utility-scale (>1 MW) solar added during the first eight months of 2025 total 19,093 MW and accounted for 73.4% of the total new capacity placed into service by all sources.

Solar has now been the largest source of new generating capacity added each month for two consecutive years, between September 2023 and August 2025. During that period, total utility-scale solar capacity grew from 91.82 gigawatts (GW) to 156.20 GW. No other energy source added anything close to that amount of new capacity. Wind, for example, expanded by 11.16 GW while natural gas’ net increase was just 4.36 GW.

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Renewables were 88% of new capacity added YTD

Between January and August, new wind has provided 3,775 MW of capacity additions – more than the new capacity provided by natural gas (3,095 MW). Wind thus accounted for 14.5% of all new capacity added during the first eight months of 2025.

For the first eight months of 2025, the combination of solar and wind (plus 4 MW of hydropower and 3 MW of biomass) accounted for 88.0% of new capacity, while natural gas provided just 11.9%. The balance of net capacity additions came from oil (20 MW) and waste heat (17 MW).

Solar + wind are almost 25% of US utility-scale generating capacity

Utility-scale solar’s share of total installed capacity (11.62%) is now almost equal to that of wind (11.82%). If recent growth rates continue, utility-scale solar capacity should equal and probably surpass that of wind in the next “Energy Infrastructure Update” report published by FERC.

Taken together, wind and solar make up 23.44% of the US’s total available installed utility-scale generating capacity.

Moreover, almost 29% of US solar capacity is in the form of small-scale (e.g., rooftop) systems that are not reflected in FERC’s data. Including that additional solar capacity would bring the share provided by solar + wind to more than a quarter of the US total.

With the inclusion of hydropower (7.59%), biomass (1.06%), and geothermal (0.31%), renewables account for a 32.40% share of total US utility-scale generating capacity. If small-scale solar capacity is included, renewables make up more than one-third of total US generating capacity.

Solar is still on track to become the No. 2 source of US generating capacity

FERC reports that net “high probability” net additions of solar between September 2025 and August 2028 total 89,953 MW – an amount almost four times the forecast net “high probability” additions for wind (23,223 MW), the second fastest-growing resource.

FERC also foresees net growth for hydropower (566 MW) and geothermal (92 MW), but a decrease of 126 MW in biomass capacity.

Meanwhile, natural gas capacity is projected to expand by 8,481 MW, while nuclear power is expected to add just 335 MW. In contrast, coal and oil are projected to contract by 23,564 MW and 1,581 MW, respectively.

Taken together, the new “high probability” net capacity additions by all renewable energy sources over the next three years – i.e., the Trump Administration’s remaining time in office – would total 113,708 MW. On the other hand, the installed capacity of fossil fuels and nuclear power combined would shrink by 16,329 MW.

Should FERC’s three-year forecast materialize, by early fall 2028, utility-scale solar would account for 17.1% of installed U.S. generating capacity, more than any other source besides natural gas (40.0%). Further, the capacity of the mix of all utility-scale renewable energy sources would exceed 38%. Including small-scale solar, assuming it retains its 29% share of all solar, could push renewables’ share to over 41%, while natural gas would drop to about 38%.

“Notwithstanding impediments created by the Trump Administration and the Republican-controlled Congress, solar and wind continue to add more generating capacity than fossil fuels and nuclear power,” noted the SUN DAY Campaign’s executive director Ken Bossong. “And FERC foresees renewable energy’s role expanding in the next three years while the shares provided by coal, oil, natural gas, and nuclear all contract.” 

Read more: EIA: Solar + storage dominate, fossil fuels stagnate to August 2025


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Your personalized solar quotes are easy to compare online and you’ll get access to unbiased Energy Advisors to help you every step of the way. Get started here.

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