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When it arrives sometime in 2025, the rear-wheel drive Tesla Cybertruck will be the cheapest version of the angular pickup, start at $60,990, according to the American EV maker’s website. But that’s not available yet, making the dual-motor all-wheel drive version the most affordable trim currently available. This one starts at $79,990, but reservation holders who wanted to sort of skip the line had the choice to spend an extra $20,000 for the so-called Foundation Series models, which are the first ones to be delivered, and come with several accessories. Get Fully Charged More money just for bragging rights? The…
“Most” 2023 and 2024 Volkswagen ID.4 electric crossovers on sale now are eligible for the full $7,500 federal EV tax credit, VW confirmed Wednesday in a press release. VW notes in the release that it’s the first foreign automaker to qualify under tightened rules relating to battery supply that took effect at the start of the year. It achieved that with the batteries supplied by South Korean firm SK On—included in most 2023 models. The automaker noted that the 2024-model-year qualification is based on battery supply from SK, and thus could change throughout the year. However, VW said it is…
The electric Porsche Macan already has been teased one last time, but it will finally make its U.S. debut in the second half of 2024 as a 2024 model, the automaker confirmed on Wednesday. The EV editions of the SUV, though built on a different architecture, will share the Macan name with the current lineup of gas-powered SUVs. They’ll be distinguished by their model names—and by their prices. Porsche says prices for the all-wheel-drive Macan 4 will start from $80,450, while the sticker price will start at $106,950 for the Macan Turbo. Both prices include destination charges. Both electric Macans…
Luxeed is currently promising wait times of 10-12 weeks, which is long enough to change consumer buying decisions. (Image credit: Luxeed) Luxeed, the new electric vehicle (EV) brand jointly created by Huawei and Chery, is facing delivery challenges with its first model, the S7, potentially derailing the model’s prospects. As of January 20, Chery’s Plant 2 in Wuhu, Anhui province, dedicated to producing the Luxeed S7 was still in pilot production, with fewer than 10 vehicles rolling off the assembly line in a single day, local media outlet LatePost reported today. At this rate, the plant could still take several…
Tesla on Wednesday affirmed that it delivered more than 1.2 million of its Model Y electric SUVs in 2023, making it the top-selling vehicle in the world, car or truck, electric or not. As Tesla put it, “the best-selling vehicle on the planet is an EV.” The Model Y is made in the U.S., in Fremont, California, and Austin, Texas; in China, at Tesla’s Shanghai plant; and in Germany, at its Gigafactory Berlin-Brandenburg, in Grünheide. The declaration of sales dominance jumps the finish line somewhat. Toyota hasn’t yet released a 2023 global sales total for the runner-up (and long-time sales…
Lovers of sleek, luxurious, and insanely expensive cars, you’ve now got an American-made EV equivalent in the form of Cadillac Celestiq. General Motors just announced that it has finally started production at its factory in Michigan, but only in very limited numbers, of course. Here’s what that eye-watering starting price of $340,000 will buy you. While the Rolls-Royce Spectre gives off a more stately, monolithic appearance, Cadillac’s designer went for dynamic proportions here with a sweeping roof and sleek lines, polished off with an echo of the Cadillac bustleback of yore. It’s American luxury at its finest, and inside the…
Li Auto released a range test comparison video of the Li Mega versus the Tesla Model X to show that its first BEV model has better performance. (A screenshot from the video Li Auto posted of Li Mega’s range comparison test of the Tesla Model X.) Tesla (NASDAQ: TSLA) mocked Li Auto (NASDAQ: LI) on social media about a month ago for having no real technology and relying on superficial comfort features to attract customers. Now the Chinese extended-range electric vehicle (EREV) maker is firing back. Li Auto today posted a video on its Weibo account challenging Tesla’s Model X…
StarCharge is considering an IPO in Hong Kong, potentially raising about $500 million and seeking a $5 billion valuation, according to Bloomberg. StarCharge, a Chinese operator of electric vehicle (EV) charging piles and maker of charging equipment, is considering an initial public offering (IPO) in Hong Kong that could raise about $500 million, Bloomberg said in a report today, citing people familiar with the matter. The company, registered as Wanbang Digital Energy Co, is working with China International Capital Corp and China Merchants Bank International on an initial share sale that could take place as early as this year, according…
The battery pack, called “Wuling Red 1”, is 148 mm thick, which SAIC-GM-Wuling said is the thinnest battery for commercial vehicles. (Image credit: SAIC-GM-Wuling) SAIC-GM-Wuling today launched a power battery pack for new energy commercial vehicles that it said is the thinnest in the industry. Called the “Wuling Red 1,” the battery pack is 148 mm thick, allowing for more space in a van’s cargo box, according to a Weibo posting today. Wuling didn’t say whether it makes the cells for the battery itself or who its supplier is. The “Wuling Red 1” supports fast charging and can charge from…
Tesla said its vehicle volume growth rate in 2024 could be notably lower than in 2023 as the team works to roll out next-generation vehicles at its Texas plant. Tesla (NASDAQ: TSLA) reported weaker-than-expected fourth-quarter earnings and revealed a timeline for its new electric vehicle (EV) model. The US EV maker posted revenue of $25.17 billion in the fourth quarter of 2023, up 3.49 percent from the year-ago quarter and up 7.78 percent from the third quarter, according to its financial results, which were released after the US stock market closed on January 24. That’s an all-time high, but below…