2024 Dodge Charger Daytona EV (Source: Stellantis) The US Department of Energy (DOE) says it will loan up to $7.54 billion to a Stellantis and Samsung SDI joint venture to help build two EV lithium-ion battery plants in Indiana. Stellantis + Samsung EV battery plants loan The joint venture is called StarPlus Energy LLC, and
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Tesla has decreased its lease prices on Cybertruck, which has proven much more difficult to sell than its giant backlog led to believe. While being polarizing and having many critics, Tesla boasted having over 1 million reservations for the Cybertruck, which led the company to believe that demand wouldn’t be a problem. However, things didn’t
We hinted at it last month, and it’s now official – Aptera Motors has re-opened its crowdfunding program, giving fans and believers in the startup’s solar electric vehicle technology the opportunity to invest and help it reach scaled production. Well, that didn’t take long. After announcing an end to its crowdfunding program in May 2024,
Porsche promises the Boxster and Cayman EVs will deliver that “real sports car feeling” with advanced new tech. The upcoming electric sports cars will feature superior performance, braking, and handling with DNA from Porsche’s title-winning Formula E team. Although Porsche is backtracking on its goal of an 80% EV sales share of global output by
The electric car we’ve been waiting for is almost here. Kia confirmed that the EV4 will officially join its lineup in 2025 as it expands into more affordable EVs. Kia unveiled the EV4 last October as part of its new lower-cost EV lineup. The EV4 concept was showcased alongside the EV3 and EV5, two smaller electric
Source: Ecole polytechnique / Flickr Carlos Tavares abruptly stepped down from his position as CEO of Stellantis on Sunday after facing scathing criticism of how he handled the company. Meanwhile, Stellantis shares go southward. After layoffs at several of its plants and major blunders in his handling of company brands such as Jeep, Dodge, Chrysler,
Tesla has started pushing its 2024 Holiday update, a bigger annual update bundling a bunch of features together. This year, it includes Apple Watch integration, SiriusXM, and more. Every year around the holidays, Tesla is known to push a bigger software update with some features that are generally more about fun than being functional. Tesla
More good news from EV mecca Norway, with November numbers showing more than 10,000 EVs were newly registered, bringing its tally to a truly impressive 93.6% of all new car registrations, showing that it’s EV transition is almost complete. November saw 10,940 new EV registrations, with EVs pretty much on par with October’s numbers (10,862),
Tesla has unveiled a new and upgraded hand for its Optimus humanoid robot and released an impressive albeit still teleoperated demonstration. The Optimus program is somewhat controversial for Tesla. This is partly because it is a significant departure from Tesla’s core products, but the company has also created doubts about things like not disclosing that
Hyundai’s latest creation looks like something straight out of an Iron Man movie. Designed to boost strength and reduce injuries, Hyundai and Kia unveiled the new wearable robot tech for the first time. The first of a new series, “X-ble Shoulder,” is now available for consultation in Korea, with deliveries planned for the first half
Extended-range EVs are having their moment. And now Lotus is abandoning its strategy to become an all-electric brand by 2028 and shifting over to extended-range plug-in hybrid models starting in 2026. Here’s why. Extended-range EVs, or EREVs, have become a siren call to automakers struggling to reach buyers with pure electric vehicles, serving as a
Tesla has boosted its referral rewards to a $2,000 discount on new electric vehicles in the US, even its brand new Cybertruck. In April, Tesla ended its referral program after it became much less popular under its latest “point system” that could be redeemed for only limited features and products. The automaker brought it back in
Elon Musk fired back at California Governor Gavin Newsom who said the state might exclude Tesla from a new EV incentive meant to replace the federal one Musk is trying to kill. The knives are out. As we previously reported, Trump’s transition team has already been strategizing about how to repeal the Inlfation Reduction Act
On today’s episode of Quick Charge, Hyundai doesn’t care if incoming President Trump kills the $7,500 Federal EV tax credit, California’s planning to offer an EV tax credit of their own, and there’s a massive new solar project in Texas prairie land. We’ve also got Tesla hoping to meet its Q4 sales goals by throwing all
Source: Tesla California has proposed offering $7,500 state EV tax rebates to residents if Trump kills the federal EV tax credit, Governor Gavin Newsom (D-CA) announced today. Trump has repeatedly said that he would eliminate the $7,500 EV tax credit for new vehicles and $4,000 for used vehicles created by the Biden administration’s Inflation Reduction
Although President-Elect Donald Trump is promising to end the $7,500 EV tax credit, Hyundai is confident it will continue growing in the US. The company just opened a massive new $7.6 billion manufacturing plant in Georgia as it looks to grab a bigger share of the US market. A Reuters report earlier this month claiming
The world’s first electric muscle car is finally here, and Dodge is already sweetening the deal for buyers. The Dodge Charger Daytona EV is launching with 0% APR, making it even cheaper to finance than the outgoing gas-powered model. Dodge Charger EV launches with 0% APR offer The first all-electric Dodge Charger has arrived, and
Tesla has confirmed through a new job listing that it plans to establish a ‘teleoperation’ team to remote control its upcoming robotaxi fleet. It’s something that Tesla really needs in order to deliver a robotaxi service, and something that market leader Waymo has already deployed. Waymo and Tesla have widely different approaches to self-driving. The
Tesla (TSLA) has introduced a new direct discount for the Model Y in China as the latest of a series of incentives to boost demand during this critical end-of-quarter push. The automaker regularly offers discounts at the end of every quarter, but the incentives to boost demand have been the most wide-ranging ever this quarter.
(Source: Tesla) Tesla and Rivian have been embroiled in a lawsuit in which the former accused the latter of having stolen battery technology by poaching Tesla employees. It sounds like the two automakers are finally about to settle the lawsuit, which has been going on for 4 years. In 2020, Tesla filed a lawsuit against Rivian
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