Tesla celebrates its Model Y as the best-selling car in 2023 – the first for an electric car. The financial figures for Q4/2023 and the year as a whole show how the high-flyer has become a constant market player. Increases in turnover and profit of almost 20 per cent are impressive. However, a closer look at the balance sheets also reveals some growing pains. Read more…
Decision on US’s largest natural gas export terminal to be delayed
In a significant move, the White House will delay a decision on whether to approve what would be the US’s largest liquefied natural gas (LNG) export terminal, according to the New York Times. Read more…
Should Volvo take Polestar (PSNY) private? Investment research firm weighs in
Should Volvo take EV maker Polestar (PSNY) private? Investment research firm Bernstein says it may make more sense. Read more…
Elon Musk: Tesla aims for next-gen EV to come in late 2025
Elon Musk has disclosed that Tesla is currently aiming for its next-generation electric vehicles, which will include a much cheaper electric car, to come in late 2025. Read more…
Lucid CEO teases a mid-size Tesla Model 3, Model Y competitor in development
During a ribbon-cutting ceremony celebrating the opening of Phase 2 at its AMP-1 production facility in Arizona, Lucid Motors CEO Peter Rawlinson briefly teased the automaker’s third model in the works – a mid-size EV that will arrive as a direct competitor to the Tesla Model 3 and Model Y.. Read more…
Rivian May Reveal Its Next EV In March
Rivian could reveal its R2 vehicles on March 7, documents from a Laguna Beach City Council meeting show. Read more…
Rivian R2 to be introduced on March 7
Rivian’s R1S and R1T have gotten their fair share of praise from owners and reviewers alike, but the starting prices make them anything but affordable. The company knows this and is planning on introducing the R2 – a smaller and much more reasonably priced SUV, that was initially intended to start at around €37,000 (but that was last year, the… Read more…
Tesla’s Next-Generation Platform Will (Hopefully) Launch In 2025, Musk Says
Tesla CEO Elon Musk said he will need engineers “living” on the assembly line to make it happen, but that’s the plan. Read more…
Does China really mean to reduce its EV exports in response to trade complaints?
Governments in Europe and the US are increasingly alarmed about the rise of China’s EV industry, which has benefitted greatly from government subsidies (to say nothing of low-cost labor, technology transfers from Western automakers, and those same automakers’ reluctance to commit to electrification). Policymakers may invoke global trade rules to try to stem the tide…. Read more…
Tesla Forecasts ‘Notably Lower’ Growth In 2024 As It Preps Next-Generation Platform
Tesla has said it will launch a cheaper electric car for years. It may arrive as soon as 2025. Read more…
Tesla Expanded Its Supercharging Network To Roughly 6,000 Stations
In Q4, Tesla deployed 357 new stations and 3,787 new stalls. Read more…
Rivian seemingly plans to reveal R2 on Mar 7 at flagship Laguna Beach store
Rivian has filed plans for a “global product launch” on March 7th at its new flagship store in Laguna Beach, and documents reveal that the launch is of its much-anticipated smaller, more affordable R2 platform. Read more…
Tesla (TSLA) releases Q4 2023 results: slight miss on earnings
. VW says ‘most’ 2023, 2024 ID.4s will get full $7,500 EV tax credit
“Most” 2023 and 2024 VW ID.4s will qualify for the full US EV tax credit in 2024 – here’s the lowdown on eligibility. Read more…
Tesla (TSLA) warns of ‘notably lower’ growth in 2024
Tesla (TSLA)has released its guidance for the year, and it warns of “notably lower” growth of its auto business in 2024. Read more…
Tesla Q4 2023 Earnings Report: Slightly Below Expectations
However, it’s another profitable quarter for Tesla and a successful year overall. Read more…
BMW’s hometown Munich plant to go all-EV as ICE vehicles pass their “tipping point”
BMW says its historic plant in Munich will produce only electric cars from 2027, following a €650-million investment in expansion and upgrades, including the construction of a new vehicle assembly line and a new body shop. BMW’s Munich plant opened in 1922, and produced motorcycles until car production began there in 1952. It currently produces… Read more…
Stellantis unveils STLA Large, the second of its new “native EV” platforms
Stellantis has introduced a new “highly flexible, BEV-native platform that is the foundation for a wide range of upcoming vehicles for global markets in the D and E segments.” The STLA Large platform is one of four planned global BEV platforms—Small, Medium, Large and Frame—that will allow interchangeable battery cell chemistry, EDMs, power inverters and… Read more…
2024 Cadillac Celestiq Range, Specs And Pricing Overview
Ultium-powered and ultra-luxury. Read more…
Opel resurrects Frontera as an electric SUV
Opel confirmed it will bring back yet another iconic nameplate from the 90s. The Frontera is making a comeback as an all-electric SUV. Opel also shared a couple of images although details are scarce at this point. The company claims that the all-electric Frontera will “display a new rugged interpretation of Opel’s bold and pure design philosophy.” Judging by the… Read more…
