Tesla Cybertruck can power your home with its new Powershare product, but we are now starting to get an idea of the cost. The installation alone is about $4000. When Tesla unveiled the production version of the Cybertruck late in the year, the automaker finally confirmed it was its first bi-directional charging-capable vehicle. The feature
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For Honda to compete as the industry shifts to electric, CEO Toshihiro Mibe explained, “We need more affordable EVs.” Honda is set to expand its lineup with an electric replacement for its all-time best-selling Civic. Honda to launch an affordable electric Civic replacement The company revealed two new EV concepts as part of its new
Tesla has dropped the price of the two base Model Y trims in Canada, which now means buyers of the popular Model Y AWD could get up to $12,000 in rebate in Quebec. This could be big as the Dual Motor version of the electric SUV is popular in the cold region. In an overnight
Hyundai announced a new deal with Iveco Group to supply an all-electric van based on its global eLCV platform. The Iveco-badged electric van will be Hyundai’s first export to use its new EV platform. Hyundai is building a new all-electric van for Iveco Hyundai revealed the news at a signing ceremony at its headquarters in
Hyundai is set to launch a new EV brand as it looks to gain its share of the largest market globally. The automaker is betting on custom EVs to revamp sales in the region. China is the undisputed EV market leader. Fully electric vehicles accounted for over 23% of new car sales last year in
Tesla Cybertrucks are now being delivered without aerodynamic wheel covers installed, due to the covers causing excessive wear and tear to tires. Tesla is currently redesigning the covers, with a fix coming soon™. In the last couple days we’ve been hearing some scuttle that Cybertrucks were being delivered without aero wheel covers installed, due to
A new report states that Tesla is going to build a small new LFP battery cell factory with CATL machines in Nevada. According to a new report from Bloomberg report, Tesla plans to build a “small facility” using “idle equipment” from CATL. The publication wrote: The automaker plans to buy machinery from CATL, as the
Kia’s new three-row electric SUV is gaining momentum in the US. Over 1,400 Kia EV9 models were handed over in January, topping the EV6 in US sales. Kia EV9 outpaces EV6 despite record sales month Kia started the year strong, with EV sales growing 57% YOY. A big reason behind Kia’s success is the launch
Elon Musk is in a full propaganda campaign to gain Tesla shareholder support against the court’s decision to rescind his CEO compensation plan and now announced that he is going to move for a shareholder vote on moving Tesla’s state of incorporation to Texas. Earlier this week, a judge in Delaware, where Tesla is incorporated,
Ford announced that it will provide free adapters for Mustang Mach-E and F-150 Lightning owners to access Tesla’s Supercharger network. Ford was the first to sign a deal with Tesla to adopt its charge connector, now known as NACS, in its future electric vehicles. It sent the ball rolling, and now virtually all automakers in
For the first time since 2001, Kia surpassed Hyundai in market value with new affordable EVs rolling out this year. Kia is now South Korea’s fifth most-valued stock at $31 billion (41.3 trillion won). Kia surpasses Hyundai in market value Hyundai, which saved Kia from bankruptcy in 1998, owns around a third of the South
What makes a Lotus, a Lotus? Anyone familiar with automotive history would likely say it’s the coy “simplify, then add lightness” philosophy that defined Colin Chapman’s scrappy sports car manufacturer and UK Formula One legend. But last year, the company began shipping its all-new electric SUV, the Eletre. It weighs 2600 kilograms. It’s built in
A Delaware judge has sided with Tesla shareholders who filed a lawsuit claiming that Elon Musk unjustly secured a $55 billion CEO compensation plan. The plan is now voided by the court. It’s unclear what will come out of this unique situation where Musk could potentially have to give back billions of dollars worth of
BMW Group recently shared a spring update to its growing line of EVs, which now includes a new all-wheel drive variant of the i5. The BMW i5 xDrive40 will kick off production in March and arrive as a 2025 model-year EV, priced between the eDrive40 and M60 variants. The all-electric 5 series is one of
We are finally getting our first looks at the interior of the upcoming Jeep Wagoneer S. Jeep’s first all-electric vehicle in the US is arriving this Fall. Ahead of its debut, Jeep is giving a sneak peek of the electric SUV’s interior. Jeep teases first look at the Wagoneer S EV interior Jeep is hyping
Photo: Volkswagen Commercial Vehicles Renewables firm Helion just switched its entire commercial fleet to fully electric with 100 VW ID. Buzz Cargo vehicles. Helion folks are now cruising around Switzerland in one of the largest electric fleets in the country. The switch happened near Solothurn, northeast of Bern, where 100 Helion technicians who previously handed
Nissan plans to produce lithium iron phosphate (LFP) batteries as it looks to lower EV prices. With cheaper materials, the batteries are about 20% to 30% cheaper to build than lithium-ion batteries with NCM. The move will put it in direct competition with BYD, the leading LFP battery maker. Nissan is developing LFP batteries to
Automobili Lamborghini has shared intentions to expand its “Direzione Cor Tauri” strategy to decarbonize its entire value chain and significantly reduce carbon emissions per car by the decade’s end. The famed hypercar developer’s product timeline includes launching several new electric vehicles, including a successor to the Lamborghini Urus. Automobili Lamborghini S.p.A. is a renowned Italian automaker
Although Toyota held its title as the top-selling automaker, the industry is shifting beneath it. Toyota sold over 100,000 EVs in 2023, but that’s still less than 1% of the record 11.2 million vehicles handed over last year. Toyota sold 104,018 EVs in 2023: Is it enough? The automaker announced its 2023 global sales results
California hit a new record last year with 21.4% of new cars being all-electric, and once again Tesla led the pack with the two best-selling cars in the state, the Tesla Model Y and Tesla Model 3. But Toyota narrowly maintained its leadership as the top-selling brand in the state, with Tesla nipping at its
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