Tesla leads large drop in used electric car value, Model 3 down 30%

Tesla Model 3 (Source: Tesla) Tesla is leading a large drop in used electric car value in the US – with Model 3 being down 30% over the last year. After an incredible rise in 2022 that resulted in some used EVs selling for more than brand new cars, used car value finally started to… Continue reading Tesla leads large drop in used electric car value, Model 3 down 30%

China Ministry retracts pricing pledge for local automakers, citing anti-monopoly law

Mere days after gathering over a dozen automakers building EVs in China to commit to a non-binding pledge to avoid further price wars, China’s Association of Automobile Manufacturers, at the advisement of the country’s Ministry of Industry and Information Technology, has retracted the pledge after quickly catching flack promoting potential monopolization. Less than a week… Continue reading China Ministry retracts pricing pledge for local automakers, citing anti-monopoly law

Video of new Tesla people-mover vehicle allegedly leaks

A video of what is alleged to be a new Tesla people-mover for the Boring Company has leaked. It could be the real deal. A Tesla electric van, minibus, or people-mover has been in the works for a long time. In the “Tesla Master Plan Part 2,” CEO Elon Musk talked about two new segments Tesla is… Continue reading Video of new Tesla people-mover vehicle allegedly leaks

GM drops Cadillac Lyriq prices in China following VW’s ID.3 offer

General Motors is slashing the prices of its Cadillac Lyriq by almost 14% amid heightening competition in China’s EV market. The move comes days after Volkswagen introduced a “historical low price” offer on its ID.3 electric car. According to the company’s website and social media, the Cadillac Lyriq now starts at 379,700 yuan ($52,443), down… Continue reading GM drops Cadillac Lyriq prices in China following VW’s ID.3 offer

Audi revives iconic NSU Prinz 4 as a sporty EV powered by e-tron tech

Audi apprentices put an electric spin on an iconic classic car. The team “awoke” an NSU Prinz 4 from 1971 from its sleep, charging it up with technology from the Audi e-tron EV. In honor of the 150th anniversary of its Neckarsulm site, Audi put its apprentices to the task of restoring a classic car… Continue reading Audi revives iconic NSU Prinz 4 as a sporty EV powered by e-tron tech

Tesla tells EPA US could go all-electric by 2030, would settle for 69% of new sales

Tesla told the Environmental Protection Agency (EPA) that the United States could go all-electric by 2030, but it would settle for 69% of new car sales. The EPA is finalizing its 2027-2032 vehicle standard emissions limit rules and taking comments from automakers. Currently, the proposed standards would slash emissions from new vehicles by 56% and… Continue reading Tesla tells EPA US could go all-electric by 2030, would settle for 69% of new sales

Tesla Gigafactory Mexico could get final permits any day, gov. official says

Tesla Gigafactory Mexico is about to receive all of its final permits and move to the construction phase, according to the governor of Nuevo León, Samuel Alejandro García Sepúlveda. After months of rumors, Tesla finally announced Gigafactory Mexico during its Investor Day in March. The automaker secured a piece of land just outside of Monterrey, Nuevo León, to build… Continue reading Tesla Gigafactory Mexico could get final permits any day, gov. official says

Tesla Optimus robot arrives in stores, you can see it in NYC

Tesla’s first Optimus robot displays have arrived in stores in North America. You can check the Tesla Bot in New York City right now. Earlier this week, we revealed that Tesla was planning to use Optimus robot displays in stores in North America in an attempt to help retail performance. The idea is that Tesla… Continue reading Tesla Optimus robot arrives in stores, you can see it in NYC

Fisker (FSR) falls short of Q2 target despite over 1K Ocean electric SUVs produced

California-based Fisker Inc. dropped its Q2 production numbers Friday, showing over 1,000 Ocean electric SUVs built over the past three months. Although this is up significantly from the first quarter, the total falls short of Fisker’s guidance due to supplier challenges. Fisker produces 1,022 EVs in Q2, falling short of its target After starting production… Continue reading Fisker (FSR) falls short of Q2 target despite over 1K Ocean electric SUVs produced

Watch Tesla Cybertruck drift on ice in new winter testing footage

Tesla Cybertruck was spotted drifting on ice and testing its suspension in the snow as part of its latest winter testing in New Zealand. The Cybertruck is arguably the most anticipated electric vehicle program to launch this year. We, along with about 1.5 million reservation holders, have been following it closely to have an idea of… Continue reading Watch Tesla Cybertruck drift on ice in new winter testing footage