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Tesla price cuts push EV market toward affordability with broader influence

Teslarati

Tesla cut prices on its cars once again recently and contributed to a broader scope of affordability for electric vehicles. At last check, we had 15 new EV models for sale that were not available a year earlier. The post Tesla price cuts push EV market toward affordability with broader influence appeared first on TESLARATI.

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Group14 Technologies begins construction of second commercial-scale silicon battery materials plant

Green Car Congress

SCC55 is a combination of carbon, silicon, and void space and is readily available as a drop-in ready for any blend ratio with graphite or as a complete displacement to deliver unmatched energy density and cycle life stability.Fully compatible with graphite, SCC55 boosts energy density by 30% over 1000 cycles even with a 20% blend, the company says.

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Porsche names GKN Driveline “Technology Partner” for eAxle system in 918 Spyder plug-in hybrid supercar

Green Car Congress

Porsche has awarded GKN Driveline “Technology Partner” status for its development of the high-performance eAxle for the 918 Spyder, an advanced plug-in hybrid supercar. The drive torque is controlled separately for each axle, which is why the hybrid super sportscar features electrical Porsche Traction Management (ePTM). Earlier post.)

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How EV adoption is soaring in unlikely circumstances, and what could make it better

Teslarati

Tesla, for example, axed the $35,000 Standard Range+ Model 3 , and its most affordable vehicle now starts at well over $40,000. Some configurations of EVs are not available until next year due to extensive order logs; take the Long Range Tesla Model 3, for example, which won’t be available until 2023 because of its heavy demand.

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Mercedes’ next high performance EV spotted testing in California

Teslarati

This includes flagship models like the EQS, the electric variant of the historic S-Class, and affordable models like the EQA. Unlike the EQE Sedan, which can be ordered in four distinct trims, including an AMG version, the newer EQE SUV is currently only available in 1 trim; 350+. That model comes at a starting price of $77,900.

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A new luxury EV IPO from Geely is reportedly in the works

Teslarati

The anonymous sources stated that the company hopes to have the IPO available in Q2 2023 and aims to secure over $1 billion in funding. Furthermore, the company has yet to announce when its vehicles will be available outside of China. Otherwise, the report lacked any significant details. Geely faces an uphill battle with Zeekr.

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Used Tesla vehicles crush industry average depreciation despite price cuts

Teslarati

According to this report, the average used Tesla Model 3 and Model Y has only depreciated roughly 10% over the past three years, which is significantly less than counterparts from Mercedes, Lexus, and even Porsche. Recurrent reports that the number of used Tesla vehicles for sale has been cut in half since one year ago.

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