• News aggregator on electric cars and electric vehicles (cars, motorcycles, boats, planes).

Nissan to give second life to LEAF batteries at corporate HQ, takes stake in ChargeScape


Japanese automaker Nissan Motor has announced it will take a 25% stake in ChargeScape, a software company that connects electric utilities, automakers and drivers, and that it is deploying two power management systems using second-life batteries from the Nissan LEAF. ChargeScape is a joint venture founded in 2023 by BMW, Ford and Honda, each with… Read more…

Elon Musk calls $25,000 EV “pointless,” says future is autonomous

Green Car Reports
A $25,000 EV is pointless and silly, according to Tesla CEO Elon Musk The future is autonomous in Musk’s view But Musk reiterated that we need to make EVs affordable for everyone In the automaker’s third-quarter earnings call, Tesla CEO Elon Musk did an about face from the idea of a $25,000 electric vehicle that he had previously promoted. Tesla… Read more…

Tesla’s Q3 earnings report is out: solid profits, but lower-than-expected revenues

ArenaEV
Tesla’s third-quarter earnings report is out, showing revenue was slightly short of expectations, but profitability was great. Tesla raked in $25.18 billion, compared to the anticipated $25.4 billion, but it made $2.17 billion in net profit, significantly above the analysts’ consensus. The record gross margin of 19.8% was the most significant contributor. Tesla’s vehicle deliveries in Q3 were also positive.… Read more…