And that’s with $0 down. If you’d prefer an SUV, the Ioniq 5 has a solid lease deal, too. Read more…
Ensuring safe and reliable lithium-ion battery performance
Sponsored by Parker Lord. The demand for electric vehicles continues to increase, with EV sales growing faster than any other major category of automobile. According to an article in Forbes, 2023 was the first time more than 1 million EVs were sold in the U.S. in one calendar year, reaching between 1.3 million and 1.4… Read more…
Motiv Power Systems supplies electric step vans to Shasta Linen Supply
In late 2023, California-based EV manufacturer Motiv Power Systems delivered five electric step vans to Shasta Linen Supply, which is headquartered in Sacramento. Shasta has retrofitted its existing business infrastructure to support the Motiv trucks. The new trucks, operating on local routes in the Sacramento and San Joaquin valleys, now make up half of Shasta’s… Read more…
Volvo’s U.S. Car Sales Growth Was Mainly Driven By PHEVs In April 2024
Buyers are probably waiting for the next generation of Volvo EVs: the EX30 and EX90. Read more…
Even More Tesla Layoffs Are Underway; Design, Engineering, HR Impacted
The automaker is still on the chopping block and it’s unclear when these layoffs will end. Read more…
Fisker in deep water as production of Ocean EV scrapped by partner
The outlook for the Fisker Ocean electric SUV is looking grim as contract manufacturer Magna International hits pause on building more of the vehicles. While enthusiasts of Fisker hoped the Ocean would be a rising star in the competitive EV market, the startup company is battling financial headwinds and the possibility of sinking altogether. Magna International, an experienced global auto… Read more…
SK On, Ferrari strengthen partnership for innovation in EV battery cell technology
South Korean EV battery manufacturer SK On, a subsidiary of SK Innovation, has signed a memorandum of understanding with the Italian luxury sports carmaker Ferrari to reinforce their partnership and innovate cell technology. The agreement allows the parties to share their experience in various fields to improve their technical collaboration and share insights. The new… Read more…
EV charger reliability gains will take more than a Tesla connector
Nearly every EV brand in North America is adopting Tesla’s North American Charging Standard (NACS) connector and gaining access to the automaker’s Supercharger network. But despite that network’s fairly good reputation for reliability, the NACS connector alone may not guarantee an overall improvement in charger reliability, says one expert. Joerg… Read more…
Elon Musk’s no.2 at Tesla goes back to China as the CEO isolates himself at the top
Elon Musk’s no.2 at Tesla, Tom Zhu, is going back to his responsibilities as VP of China as the CEO isolates himself at the top. Read more…
Geely-owned EV brand ZEEKR sits on cusp of a US IPO seeking valuation of $5.13 billion
Young EV-centric brand ZEEKR is continuing its efforts to become a globally recognized name in the space as it gears up for an initial public offering (IPO) on the New York Stock Exchange (NYSE) this week. The Geely-owned sub-brand will go public later this week and seeks a valuation of over 5 billion dollars. Read more…
Tesla (TSLA) launches another round of layoffs
Tesla (TSLA) launched another round of layoffs this weekend, with employees in wide-ranging roles getting their pink slip amid broader layoffs over the last 3 weeks. Read more…
The Fisker Ocean Actually Excelled In This Long-Distance Range Test
Fisker is in trouble, but the Ocean matched or beat the Kia EV6, Tesla Model Y RWD and more despite slightly lower temperatures. Read more…
Porsche integrates electric trucks into plant logistics
Porsche is using seven new electric heavy goods vehicles at its Zuffenhausen, Weissach, and Leipzig sites. The electric trucks come from Scania, another Volkswagen Group member, and two other manufacturers. Read more…
French state and industry forge production pact for electric cars
The French government has concluded an agreement with the domestic automotive industry to increase sales of electric vehicles to 800,000 passenger cars and 100,000 light electric commercial vehicles per year by 2027. The state promises to continue to support the purchase and leasing of electric cars. Read more…
California cargo port operations to become ever cleaner
The Port of Long Beach is increasing its decarbonisation efforts. Its Long Beach Container Terminal (LBCT) has received a $34.9 million grant to replace over 150 vehicles with electric trucks and buses. Read more…
Mercedes-Benz Trucks launches Europe-wide test drive for eActros 600
This summer, Mercedes-Benz Trucks is sending two near-series prototypes of the eActros 600 on a week-long test drive through more than 20 European countries. The model is the company’s electric long-haul truck, which is due to go into series production at the end of 2024. Read more…
BYD to manufacture electric cars in Indonesia from 2026
BYD has now officially confirmed plans to build an electric car factory in Indonesia. To this end, BYD is purchasing a 100-hectare plot of land in the Subang Smartpolitan Industrial Area in West Java. Construction is set to begin this year, with operations scheduled to start in January 2026. Read more…
‘Detached From Reality’: Welcome To The Tesla vs. $TSLA Showdown
Also on tap for today’s roundup: a look at Toyota’s challenges despite massive profits, and a prediction for Lucid’s Q1 report. Read more…
Tesla unlocks extra miles for Model Y
Tesla has pulled a surprise play on its most affordable Model Y version. The automaker quietly discontinued its short-range, rear-wheel-drive model, replacing it with a longer-range RWD version. But there’s an intriguing twist: owners of recently built short-range Model Ys can actually unlock a significant boost in mileage – for an additional fee. It looks like Tesla has been sneakily… Read more…
Skoda presents Enyaq RS Race concept
Skoda is presenting the Enyaq RS Race electric concept car, with which the brand is exploring new possibilities for sustainability in motorsport. The concept is also intended to provide a platform for the development and intensive testing of electric technologies for future battery-electric series models. Read more…
