Kia officially launched the 2025 Ray EV in Korea with the same low starting price of under $21,000. However, the new model year gains additional features. With incentives, the entry-level electric car can be bought for as little as $15,000 (20 million won) The “New Kia Ray” was reborn as an entry-level EV last year.
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Tesla Powerwall installations are going vertical based on the latest data released by the company. There are now 750,000 Powerwall installed worldwide. Recently, we were surprised to see Tesla announce that it is now capable of producing 700,000 Poweralls per year. The surprise primarily came from the fact that, as of last year, Tesla had
Ford said it remains the second best-selling EV brand in the US behind Tesla, but is it really? Ford was topped by GM in Q3 electric vehicle sales as the race intensifies into the end of the year. Ford topped by GM in Q3 electric vehicle sales in the US On Monday, GM announced that
Photo: Tesla Tesla has discontinued its cheapest electric car model: the Model 3 Standard Range Rear-Wheel-Drive. Last night, Tesla updated its online Model 3 configurator. While we were focused on Tesla’s delivery numbers this morning, we didn’t even realize that the Model 3 Standard Range was gone from the automaker’s online configurator: At $39,000, it
Tesla (TSLA) has released its official deliveries and production results for the third quarter of 2024. The automaker confirmed that it delivered just short of 463,000 vehicles, which was Wall Street’s expectations. Tesla Q3 2024 Expectations After two quarters in a row with deliveries being down year-over-year, a first for Tesla in almost a decade,
Tesla remains a dominant force in Sweden’s auto market despite a unionization battle that has been dragging on for almost a year now. For almost a year now, Tesla service workers in Sweden have been on strike, demanding inclusion in a collective agreement. Tesla has historically opposed unions and successfully resisted unionization at its manufacturing
Electric aircraft developer BETA Technologies may have plans to provide its technology to cargo and medical transport to begin, but its longer-term goal is to implement passenger travel in its flagship ALIA eVTOL. Recently, the company shared a look at what that five-passenger vessel will look like before it launches commercial operations in the future. BETA
Hyundai set a new third-quarter retail sales record in the US, partially driven by “strong demand” for the all-electric IONIQ 5. The IONIQ 5 remains one of the best-selling EVs, with over 30,000 models sold in 2024. Hyundai IONIQ 5 sales reach 30,000 mark in Q3 2024 “We set an all-time retail sales record in
Tesla appears to be shifting its in-car music streaming strategy and it is crashing this stock in the process. Tesla doesn’t use phone-mirroring systems like Apple CarPLay and Android Auto. The automaker wants to own the entire in-car experience with its own user interface. When it comes to music streaming, Tesla had a long-term relationship
Tesla is declaring victory on achieving its September milestones for its autonomy roadmap, but we see the most important milestone missing. Earlier this month, Tesla released an AI product/self-driving roadmap that included milestones the team aimed to accomplish in the coming months. With September coming to a close and Tesla starting the rollout of Supervised
Hyundai just made its 100 millionth vehicle, marking a significant milestone. The accomplishment took just 57 years, much quicker than Toyota, Volkswagen, Ford, and GM. With long-range, fast-charging EVs rolling out, like the new IONIQ 5, Hyundai is laying the groundwork for a global sales run. Since 1967, Hyundai Motor has been trailblazing its own
CATL, the world’s largest battery supplier for electric vehicles and one of Tesla’s critical suppliers, had an important fire that raged for hours at one of its main Chinese battery factory. Contemporary Amperex Technology Co. (CATL) has emerged as the world’s largest battery cell supplier in the auto industry in the last few years, and
Buy a new Ford EV and get a free home charger as part of its new “Ford Power Promise.” The program is designed to finally put the EV misperceptions to rest while making it even easier to go electric. It’s “not range anxiety, but change anxiety,” Martin Delonis, Ford’s senior manager of business innovation and
Some Cybertrucks can finally use Tesla’s Supervised Full Self-Driving software, almost exactly ten months after the vehicle was first released. After many delays and much anticipation, the first Tesla Cybertruck deliveries occurred on November 30, 2023. However, one feature was missing from those cars – Tesla’s much-ballyhooed Full Self-Driving (FSD) software. Previous vehicles released by
Mazda officially opened the order books on its new Mazda EZ-6 EV and EREV versions of the car in China yesterday. And the starting price? It’s under $25,000. Co-developed by Mazda and Chinese state-owned Changan Auto, the EZ-6 was one of two new electric offerings that debuted back in April. The other was a CX-5/0-sized crossover called
Kia promises the new EV9 GT will have “enormous power,” but that’s not all. For the first time, the Kia EV9 GT was caught with an active spoiler, giving us a sneak peek at potential new upgrades. The brand’s first three-row electric SUV is already making its presence known in the US, helping push Kia
The saga of impending tariffs on Chinese-built EVs imported into Europe continues, but the situation could be resolved before the duties take effect next month. Representatives from China and the EU are reported to be in talks about a minimum pricing deal for all Chinese EV imports that could help alleviate some of the upcharges
Sony and Honda mobility joint venture AFEELA announced a deal with Tesla to adopt NACS on its upcoming electric vehicles in North America and Japan. Japanese electronics and automotive giants Sony and Honda partnered a few years ago to create AFEELA, a new electric vehicle brand. You know that they are getting more serious about
Kia held an opening ceremony for its first EV-only plant, “EVO,” as it looks to establish itself as a leading electric vehicle maker. Kia’s new low-cost EV3 and EV4 models are the first electric cars scheduled for mass production. The new facility will kick off a new era for Kia, with the capacity to build
Maggie Smith, known for her roles in Harry Potter and Downton Abbey, has died at the age of 89, her sons have said. The actress died in hospital, her children Chris Larkin and Toby Stephens said. In a statement, they said: “An intensely private person, she was with friends and family at the end. She
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