Electric car giant Tesla faced a challenging first quarter in 2025, reporting a huge drop in both revenue and profit compared to the previous year. The company’s long-awaited Q1 earnings report revealed a 20% drop in automotive revenue, falling to €13 billion from €15.68 billion in the same period of 2024. Overall revenue also saw a decline of 9%, settling… Read more…
Xpeng launches faster-charging variant for P7+ electric sedan at $28,570
The new variant of the P7+ comes with a battery pack with 5C charging multiplier, which can charge from 10 percent to 80 percent in 12 minutes.
All three updated versions of the Xpeng launched earlier this year came standard with the 5C pack.
Nio to unveil 3rd-gen ES8, launch Onvo L80 in Q4
The third-generation Nio ES8 will be unveiled in the fourth quarter, and Onvo’s third model, the L80, will also be launched in the fourth quarter, William Li said.
The ES8 is Nio’s first production model, with the first generation released in December 2017 at Nio Day 2017.
Nio to unveil 3rd-gen ES8, launch Onvo L80 in Q4
The third-generation Nio ES8 will be unveiled in the fourth quarter, and Onvo’s third model, the L80, will also be launched in the fourth quarter, William Li said.
The ES8 is Nio’s first production model, with the first generation released in December 2017 at Nio Day 2017.
Tesla reports weaker-than-expected Q1 earnings as deliveries slump
Tesla’s net income in the first quarter was $409 million, down 70.58 percent from the same period last year.
Global deliveries in the first quarter were the lowest since the second quarter of 2022.
US DC fast charging network surges past 55K ports – and it’s getting more reliable
US DC fast charging is becoming more reliable, and charging stations are getting bigger and busier, according to a new Q1 2025 report from the EV data analysts at Paren. Read more…
Tesla (TSLA) begins to shy away from growth guidance after terrible quarter
Tesla (TSLA) is no longer confidently stating growth in its automotive business for 2025, and it has delayed updating its guidance until the next quarter after a disappointing performance in the first three months of the year. Read more…
Vermont sees an explosive 41% rise in EV adoption in just a year
Vermont’s EV adoption has surged by an impressive 41% over the past year, with nearly 18,000 EVs now registered statewide.. Read more…
Commercial financing for EVs is way different than you think | Quick Charge
No matter how badly a fleet wants to electrify their operations and take advantage of reduced fuel costs and TCO, the fact remains that there are substantial up-front obstacles to commercial EV adoption … or are there? We’ve got fleet financing expert Guy O’Brien here to help walk us through it on today’s fiscally responsible episode of Quick Charge. Read more…
Chinese Cars Go From ‘Announced’ To ‘On The Road’ Very Quickly
The Aito M8 was officially unveiled in March. By early April, it’s ready to order. The rest of the industry’s head is spinning. Read more…
Tesla Says Its Affordable EV Is Coming In June: ‘As Critical As Ever’
Tesla says that its affordable EV will enter production in June. Read more…
Huawei’s latest EV charger goes up to 1.5 MW
Huawei has unveiled an EV charger that goes up to 1.5 MW today. It was rolled out in Shanghai, and Huawei claims it’s the first fully liquid-cooled MW-class charging solution. It’s currently aimed at heavy trucks, but Huawei said it can also be used by cars. When using two charging guns at the same time, the charging current goes up… Read more…
Tesla once again tells CEO Elon Musk to knock it off with the politics nonsense
Tesla just dropped its Q1 2025 earnings and the news isn’t great, as sales and profits have fallen significantly and missed already-low expectations. And in the earnings report, the company has issued what seems to be an admission that its own CEO’s actions are to blame. Read more…
Most EV Buyers In The U.S. Won’t Buy A Gas Car Again: Study
Not everyone wants an EV. But those who have them don’t seem to miss gas. Read more…
Even Rich People Don’t Want To Pay A Monthly Subscription For Heated Seats
Lincoln realized that luxury customers don’t want to pay for subscriptions, so it baked the cost into the vehicle price instead. Read more…
Stable Auto and EV Connect partner to offer adaptive pricing for EV charging
Stable Auto has announced a strategic partnership with EV charging network operator EV Connect to deliver Adaptive Pricing capabilities via the EV Connect platform. The integration will give EV Connect customers “new pricing tools to maximize utilization, boost net revenue, and build more profitable charging networks.” EV Connect customers are able to access Adaptive Pricing… Read more…
Libattion opens battery upcycling facility in Switzerland
Zurich-based Libattion provides large-scale stationary energy storage systems made from used and surplus EV batteries. The company has opened a new battery upcycling production facility in Biberist, near Zurich. The new plant is designed for an annual capacity of 500 MWh by 2026, and has the potential to scale up to 1 GWh. The 7,000-square-meter… Read more…
Volkswagen unveils ID.UNYX 06 in China and shows three EV concepts
Volkswagen is making a strong push in the Chinese electric car market with a big update to its ID.UNYX 06, an electric SUV produced by its joint venture in Anhui. This refreshed model gets a range of improvements in technology, entertainment, and how owners can personalize their vehicles. To gain more attention from buyers, Volkswagen Anhui has announced substantial temporary… Read more…
Save exclusive $2,000 on EcoFlow DELTA Pro Ultra station at new low, Jackery Explorer 1000 v2 + 100 Plus bundle $499, EGO tools, more
It’s officially Earth Day and we’ve got another lineup of Green Deals to electrify your life with an take the strain off Mother Earth, starting with the exclusive new low price we’ve secured on EcoFlow’s DELTA Pro Ultra Portable Power Station that has dropped to $3,799. Right behind it is another backup power solution in the form of Jackery’s bundled Explorer 1000 v2 and Explorer 100 Plus stations that cover your on-the-go needs at $499. You can also score EGO’s 56V bundle combo that gives you a 15-inch POWERLOAD String Trimmer and 670 CFM blower with a 4.0Ah battery at $320, as well as Goal Zero’s Alta 50 and 80 Portable Fridge/Freezer models starting from $640. Plus, all the other hangover Green Deals are in the links at the bottom of the page, collected together in our Earth Day savings hub. Read more…
Oh Great, Mercedes Is Also Doing Steering Yokes
Mercedes is copying Tesla’s homework, and yes, that includes slapping a yoke in its cars. Read more…
