For the first time in nearly 18 months, the average new EV cost less than the average Tesla Dealers are cutting prices on used EVs and offering incentives on new ones The average discount on an EV was 12.4% of the average transaction price in May, nearly six points lower than the industry average Average EV prices have fallen over the past two… Read more…
Xpeng’s New EV Sedan Is Actually A Hatchback With A Record-Setting Drag Coefficient
The $20,000 Tesla Model 3-rivaling Mona M03 has a three-foot-long active air intake and a huge, 22 cubic feet trunk. Read more…
Sila raises $375 million to deliver Titan Silicon for EV series production
Battery materials company Sila has raised $375 million in a Series G funding round led by existing investors Sutter Hill Ventures, with participation by new outside investors as well as existing investors Bessemer Venture Partners, Coatue, Perry Creek Capital and others. The funding will secure the completion of the company’s Moses Lake plant in Q1… Read more…
The 800-volt EV transition: hardware-in-the-loop simulation’s critical role
Sponsored by Pickering Interfaces. In the rapidly evolving landscape of electric vehicles, the shift towards 800 V power system architectures is gaining serious momentum. This white paper, “HIL Simulation’s Crucial Role in the 800 V EV Transition,” explores the reasons behind the move to 800 V, the varied challenges this move presents to test professionals,… Read more…
Tesla’s Q2 deliveries exceed Wall Street’s expectations
Tesla defied Wall Street’s subdued expectations by delivering a robust 443,956 vehicles in the second quarter of 2024. This figure surpassed the consensus estimate of 438,000 deliveries. Tesla’s Q2 result showed production slightly lagging behind deliveries at 410,831 vehicles. The company attributed this disparity to a considerable number of vehicles in transit at the end of the previous quarter. The… Read more…
The Average Electric Vehicle Now Sells For Less Than A Tesla
Plus, investors don’t care Tesla’s Q2 was a bloodbath and how one of the strongest auto unions in the world is dealing with EV job losses Read more…
Polestar’s Sales Are Down Yet Again In Q2 2024
Will the launch of the Polestar 3 improve the results? Read more…
This Map Reveals The Average EV Fuel Cost Savings Potential By State
In some states, the savings are almost three times higher than in others. Read more…
2025 BMW iX continues with minor changes
The 2025 BMW iX electric SUV enters its fourth model year with small equipment changes, but nothing mechanical. An eSim enabling 5G connectivity is now standard across the board, while a Dynamic Handling Package is now optional on the iX xDrive50 model. This includes active steering and air suspension, both of which are also available as… Read more…
American Airlines invests more in ZeroAvia, commits to purchase 100 hydrogen-electric engines
Popular US flight operator American Airlines is continuing its venture into more sustainable air travel by increasing its investment in Hydrogen-electric aviation technology developer ZeroAvia. Building off a previous Memorandum of Understanding, American has also (conditionally) committed to purchasing 100 hydrogen-electric plane engines from ZeroAvia for regional flights. Read more…
Tesla (TSLA) announces Q2 deliveries: beat expectations
Tesla (TSLA) has officially released its Q2 2024 delivery and production results. The automaker confirmed having delivered 444,000 electric vehicles last quarter. Read more…
Rivian (RIVN) deliveries remain flat in Q2, but things are looking up in the second half of 2024
Electric vehicle maker Rivian (RIVN) delivered nearly 13,800 EVs in the second quarter of 2024. Although Q2 deliveries remained flat from Q1, Rivian plans to ramp up output in the second half of 2024. Here’s what to expect. Read more…
Kia’s EV sales surged to a new record in the US with affordable, long-range models
Kia’s EV sales in the US doubled in the first half of the year, hitting a new record. After selling over 5,000 EVs for the third straight month, Kia looks to keep the momentum going in the second half of 2024. Read more…
Rivian Deliveries Up Only Slightly In Q2 2024
“From an investor perspective, the second quarter’s going to be messy,” CEO RJ Scaringe had warned amid a plant shutdown. Read more…
Tesla’s Sales Of Chinese-Made EV Keep Shrinking
In June, sales of Teslas built in China—for that country and for export—were down 24% year-over-year. Read more…
GM Sold A Record Number Of EVs Last Quarter
After a long and painful road, GM’s grand Ultium plan is finally paying off. Read more…
Tesla increases deliveries – but not production numbers
Tesla has once again reported a drop in production in the second quarter. As the recently published production and delivery figures show, it was not even possible to match the figure from the first quarter – after six months, Tesla is noticeably down on the previous year. Read more…
Kia’s U.S. EV Sales More Than Doubled In June And Q2 2024
The company hit a new record: almost 30,000 EVs in the first half of the year. Read more…
Four Three-Row Electric SUVs Raced From Colorado To Vegas. Charging Got Tricky
A Tesla Model X, Kia EV9, Rivian R1S and Mercedes EQS SUV compete for the title of ultimate electric family SUV. Read more…
2025 Rivian Owner’s Stuck Accelerator Pedal Highlights Floor Mat Issue
Rivian owners may want to watch out: floor mats are different on the new cars, and one owner says the accelerator pedal could stick. Read more…