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Tesla ‘Redwood’ EV rumored to come in 2025 imagined in fan rendering

Teslarati

Tesla’s rumored “Redwood” electric vehicle is now hitting the news cycle as a new report was released this morning, indicating the car could make its way to market next year.

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Tesla [TSLA] Still Worth More Than Toyota, Porsche, Mercedes, & Hyundai Combined

CleanTechnica EVs

Tesla’s stock price and market cap are down considerably this year, on the back of slightly drooping sales (instead of 50% growth year over year), rumors of the more affordable Tesla being canceled, and a slow Cybertruck (and Semi) ramp-up. Tesla Full Self Driving (Supervised) has improved greatly with version.

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Kia confirms EV9 GT is launching in January with enormous power

Baua Electric

After announcing US prices start at $54,900, Kia called the EV9 a “wake-up call” to the industry. The EV9 GT will build on Kia’s first high-performance electric vehicle, the EV6 GT. Kia unveiled the EV6 GT in 2022, its most powerful vehicle so far. In the first three months of 2024, Kia has sold over 4,000 EV9s in the US.

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Volvo EX60 set to arrive as new Tesla Model Y, Porsche Macan luxury electric SUV rival

Baua Electric

As one of the first legacy automakers to commit to an all-electric future , Volvo is seeing the results. After launching its most affordable EV, the EX30, last year, Volvo’s compact electric SUV is already making a significant impact on the company. Fully electric vehicles accounted for over 40% of sales in 19 markets.

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82% of BEVs & PHEVs Available in the US in 2022 Have a Base MSRP of $40,000+

EV Adoption

Out of 82 BEVs and PHEVs that are either currently available for sale in the US, or expected to be so by the end of 2022, 67 of them, or 81.7%, have a base manufacturer’s suggested retail price (MSRP) higher than $39,999, according to new analysis from EVAdoption. Average Transaction Prices. Fifteen or 18.3% 4 ($3,735).

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Why Tesla Model Y tax credit inclusion is good for some and bad for others

Teslarati

The Tesla Model Y complete lineup was recently added to the IRS list of qualifying vehicles that will give buyers a $7,500 tax credit. While it may seem like the company’s huge price cuts coupled with the tax credit would be good for everyone, it spells bad news for competitors that offer comparable EVs in the same category.

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2024 Tesla Model 3 Rear-Wheel Drive review: Is the updated BYD Seal rival the best electric vehicle in Australia?

EV Central

READ MORE: Mystery solved: Exactly how much power your Tesla Model 3 and Model Y produces The Model 3 is Tesla’s most affordable car and also provides the foundations and underpinnings for the Tesla Model Y SUV. The Rear-Wheel Drive is the most affordable, priced at $61,900 plus on-road costs.