Ford is moving inventory after slashing prices by up to $8,100 on its best-selling electric SUV, the Mustang Mach-E, last month. A recent Cloud Theory report reveals that the price cuts are working as buyers look for more affordable EVs. Good news: Ford Mustang Mach-E price cuts are working Ford cut Mustang Mach-E prices by
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Photos of a Tesla Model 3 under wraps have the internet speculating on whether an unveiling of the anticipated Ludicrous/Plaid upgrade to the Model 3 Performance is imminent. Tesla recently refreshed the Model 3, and with it came several upgrades. However, one missing upgrade was the availability of a performance model, which has been absent
Tesla has increased Model Y prices on all trims of its best-selling electric SUV. The question is: for how long? Over the last few years, Tesla has been changing prices more often than most people change their sheets. The automaker has been increasing its production capacity, but it has had issues matching demand to the
Listen to a recap of the top stories of the day from Electrek. Quick Charge is now available on Apple Podcasts, Spotify, TuneIn and our RSS feed for Overcast and other podcast players. New episodes of Quick Charge are recorded Monday through Thursday and again on Saturday. Subscribe to our podcast in Apple Podcast or your favorite podcast player to guarantee
Mercedes-Benz is joining a wave of automakers offering significant discounts on its 2023 EV models as it looks to clear inventory. The 2023 Mercedes-Benz EQS is being offered at up to $20,000 off MSRP, but the deals won’t last long. Mercedes ups discounts to clear 2023 EQS EV models Mercedes launched the EQS electric sedan
Tesla has announced that it produced its 6 millionth electric vehicle – a big milestone amid a major slow down in its growth rate. While BYD has recently surpassed Tesla in terms of new BEV production capacity, Tesla is still the kind in terms of overall BEV deployment. Today, the automaker announced that it produced
Tesla appears to be making significant progress in its Cybertruck production ramp, but it is coming at a cost. The automaker is about to finish its first full quarter of Cybertruck production, and it looks like it has made some great progress. It has been hard to track Cybertruck production, and drone flyovers have been
The iconic Lamborghini brand is getting a new look as the automaker prepares for an electric future. Lamborghini launched its new logo and corporate identity as part of its transformation. Lamborghini launches a new look with an updated logo It’s been over two decades since Lamborghini last updated its unmistakable logo. The black and gold
Listen to a recap of the top stories of the day from Electrek. Quick Charge is now available on Apple Podcasts, Spotify, TuneIn and our RSS feed for Overcast and other podcast players. New episodes of Quick Charge are recorded Monday through Thursday and again on Saturday. Subscribe to our podcast in Apple Podcast or your favorite podcast player to guarantee
The gas-powered Porsche 718 Boxster and Cayman models are being discontinued in Europe as an all-electric version approaches its debut. Porsche retires gas-powered 718 Boxster, Cayman cars After announcing plans to retire its best-selling SUV in Europe, the Macan, Porsche will do the same with its 718 Boxster and Cayman models. Porsche retired the gas-powered
Tesla and Elon Musk have started using the term “Supervised Full Self-Driving” when discussing their self-driving efforts. What does it mean? Tesla, and especially its CEO Elon Musk, has used controversial language when discussing its self-driving effort. It started with calling and selling something called the “Full Self-Driving Capability” package all the way back in
Kia’s first three-row electric SUV is off to a good start. However, Kia will accelerate EV9 momentum with plans to begin US production by May. Kia expects the EV9 will qualify for the full $7,500 EV tax credit by early next year. Kia to kick off US EV9 production in May After launching the EV9
Starting April 1, one-third of the workforce will remain on-site at Ford’s Rouge EV plant in Michigan. Ford is drastically cutting its workforce at the facility where the F-150 Lightning is built, with demand “much slower” than expected. Ford cutting F-150 Lightning workforce Ford initially announced the reduction in January, citing “slower than expected” demand.
Tesla (TSLA) is about to finish its quarter, and it is a confusing one for Wall Street. Delivery estimates are all over the place. We reported earlier this month on Tesla analysts falling over themselves to downgrade their delivery estimates for the quarter. Tesla has been growing deliveries at a roughly 50% rate per year
HD Hyundai Infracore (HDI) is set to debut a new, 35 kWh lithium phosphate battery pack to power the next generation of electrified commercial equipment. While the new HD Hyundai lithium phosphate battery isn’t technically out yet (it will officially bow at Intermat 2024 at Paris-Nord Villepinte next month), the battery pack has been in
Listen to a recap of the top stories of the day from Electrek. Quick Charge is now available on Apple Podcasts, Spotify, TuneIn and our RSS feed for Overcast and other podcast players. New episodes of Quick Charge are recorded Monday through Thursday and again on Saturday. Subscribe to our podcast in Apple Podcast or your favorite podcast player to guarantee
Elon Musk says that Optimus, Tesla’s general-purpose humanoid robot, should cost “less than half the price of a car”. A few months ago, Tesla unveiled “Optimus Gen 2”, a new generation of its humanoid robot that should be able to take over repetitive tasks from humans. The new prototype showed a lot of improvements compared
Hyundai announced a massive $50 billion (68 trillion won) investment to secure its position as the auto market transitions to EVs. The Korean automaker will hire 80,000 people in Korea to help it become a top-three EV maker by 2030. Hyundai plans +$50 billion investment amid EV shift Hyundai’s new investment is to “secure future
Listen to a recap of the top stories of the day from Electrek. Quick Charge is now available on Apple Podcasts, Spotify, TuneIn and our RSS feed for Overcast and other podcast players. New episodes of Quick Charge are recorded Monday through Thursday and again on Saturday. Subscribe to our podcast in Apple Podcast or your favorite podcast player to guarantee
Tesla is working on “private 5G” infrastructure to be connected to its electric vehicles and Optimus robot. The automaker was early in including internet connectivity in all its vehicles. There were many reasons for this. It enabled over-the-air software updates and connectivity features, and it also allowed Tesla to collect a lot of data. Tesla
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