Wed.Jan 24, 2024

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Report: $25,000 Tesla EV set for 2025 production

Green Car Reports

Tesla’s $25,000 electric car is back on—and it may be due for production as soon as next year, according to a report citing several separate sources within the company. According to the Reuters report, Tesla sent an invitation for supplier bids for a model code-named Redwood last year, then predicting weekly production at 10,000.

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Lucid CEO teases a mid-size Tesla Model 3, Model Y competitor in development

Electrek

During a ribbon-cutting ceremony celebrating the opening of Phase 2 at its AMP-1 production facility in Arizona, Lucid Motors CEO Peter Rawlinson briefly teased the automaker’s third model in the works – a mid-size EV that will arrive as a direct competitor to the Tesla Model 3 and Model Y.

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Report: Apple Car project pivots to basic EV, drops driverless aims

Green Car Reports

The Apple Car project is still happening, but it's been scaled back somewhat, according to a new report. Apple originally wanted to develop a self-driving car, but has now abandoned those ambitions in favor of a simpler EV that the company believes it can put on sale by 2028, according to Bloomberg. The company originally aimed to make a fully.

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USPS set to buy Canoo electric vans

Electrek

Electric van manufacturer Canoo announced a highly visible deal with the United States Postal Service (USPS), which will see the USPS acquire a handful of right-hand drive versions of the company’s LDV 190 delivery van.

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How serious is Norway about climate change? So much that its streetlights self-dim

emissions global warming Norway climate change carbon dioxide youtube lighting

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$25,000 Tesla, Apple Car, Hyundai active aero: Today’s Car News

Green Car Reports

Tesla could be making its $25,000 EV next year, according to a report. The Apple Car project has backed away from the driverless-car designs. And Hyundai shows what a difference active aero can make to boost EV range. This and more, here at Green Car Reports. Hyundai and Kia boast that its active air skirt tech could add range to EVs—up to 4.

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Tesla says next-gen vehicle will start production in second half of 2025

Teslarati

Tesla said that its next-generation vehicle will begin production in the second half of 2025. Tesla’s next-generation vehicle is set to help the automaker enter a new pricing point that will be accessible to more customers. It will be a completely new vehicle with new production lines and is expected to help Tesla continue its growth. Tesla anticipates the next-generation vehicle to enter production sometime in the second half of 2025, CEO Elon Musk said on the Q4 2023 and Full Year 2024 E

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Tesla looking to produce next-gen EV codenamed “Redwood” in mid-2025: report

Teslarati

Tesla has undoubtedly become a mainstream carmaker, and the Model Y even became one of the world’s best-selling vehicles last year. Despite this, the company still does not have a car that can compete in the affordable segment, as both the Model 3 sedan and Model Y crossover are still premium vehicles. Citing people reportedly familiar with the matter, Reuters recently claimed that Tesla has informed its suppliers that it is looking to start the production of its next-generation platform

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Alfa Romeo’s first EV, the Milano looks like an Italian icon in red camo

Electrek

Alfa Romeo’s first 100% electric vehicle is getting closer to its debut. The Alfa Romeo Milano , the brand’s first EV, will be revealed on April 10. Ahead of its debut, the brand is giving an early look at the new EV rocking red camo.

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Tesla improves cost of goods sold per vehicle once again

Teslarati

Tesla improved the cost of goods sold per vehicle to slightly above $36,000, continuing to improve on the metric with a sequential reduction in cost every quarter. Tesla recorded the largest reduction in COGS in Q4 2023 from Q3 2023. This is based on figures it released for the metric, as its graphic displaying the sequential decrease starts in Q4 2022.

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Mars to deliver all those Twix and M&Ms via 300 electric heavy-duty trucks

Electrek

US behemoth food company Mars is looking to put 300 “heavy-duty” electric trucks into operation in Europe by 2030, in what it is calling the largest electrification of freight trucking in Europe ever.

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Faurecia and Accenture partner on products and services for connected and autonomous vehicles

Brief

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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. Naturally, the EV, which could potentially cost roughly $25,000 in hopes of reaching a lower price point to encourage more drivers to switch to a Tesla, has already been imagined in fan renders.

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Tesla (TSLA) releases Q4 2023 results: slight miss on earnings

Electrek

Tesla (TSLA) released its financial results and shareholders letter for the fourth quarter and full-year 2023 after market close today. We are updating this post with all the details from the financial results, shareholders’ letter, and the conference call later tonight. Refresh for the latest information.

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Tesla’s next-generation platform could mean ‘notably’ lower growth rate in 2024

Teslarati

Tesla said in its Q4 2023 Earnings Shareholder Deck that it anticipates its growth rate for 2024 to be lower than in 2023, as it is “between two major growth waves.” Its next-generation platform is still in development, and the company will work toward bringing it to market, but it could cost near-term growth goals. Tesla expects to see a compound annual growth rate (CAGR) of 50 percent, according to what the company said in late 2023: “We are planning to grow production as qui

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Tesla next-gen electric cars are coming in 2025, supplier sources say

Electrek

Tesla’s next-gen electric cars, including the long-awaited “$25,000 model”, are coming in 2025, according to a new report based on sources from the automaker’s supply chain.

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ExxonMobil announces 6th oil discovery offshore Guyana with Ranger-1; Guyana may move from non-producer to regional powerhouse

Oil

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Tesla hacked by Synacktiv at 2024 Pwn2Own Event

Teslarati

The 2024 Pwn2Own Automotive event is officially underway, and hacking group Synacktiv successfully collected $100,000 on the first day after hacking a Tesla Modem. Synacktiv is a familiar name in the world of the Pwn2Own event, as last year , the group was able to hack a Tesla Model 3 by executing a TOCTOU exploit against a Tesla Gateway to gain access to the vehicle.

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Tesla To Make New 'Redwood' Crossover In 2025: Report

InsideEVs

Reuters reports that Tesla has told its suppliers to be ready to go on an all-new model, which could be the long-awaited $25,000 EV.

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Tesla Sweden expands operations fueling IF Metall’s strike

Teslarati

Tesla Sweden expands operations fueling IF Metall’s strike. Tesla is investing in a new damage workshop and ten new charging stations in Sweden despite IF Metall’s ongoing strike, which started in October 2023. The all-electric automaker is already hiring for its new workshop in Huddinge, Stockholm. Tesla Sweden plans to hire seven employees at the workshop, including painters, claims adjusters, and sheet metal workers.

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Rivian seemingly plans to reveal R2 on Mar 7 at flagship Laguna Beach store

Electrek

Rivian has filed plans for a “global product launch” on March 7th at its new flagship store in Laguna Beach, and documents reveal that the launch is of its much-anticipated smaller, more affordable R2 platform.

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Tesla (TSLA) Q4 and FY 2023 earnings results: Total revenue at $25.1B and EPS at $0.71

Teslarati

Tesla ( NASDAQ:TSLA ) posted its Q4 and FY 2023 earnings report after markets closed today. The results, which were discussed in the Q4 and FY 2023 Update Letter, were released after the closing bell on Wednesday, January 24, 2024. Tesla’s earnings come on the heels of yet another record quarter in production and deliveries. In the fourth quarter, Tesla produced 494,989 vehicles and delivered 484,507.

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Hyundai's active air skirt tech could boost range in EVs

Green Car Reports

Hyundai and Kia this week unveiled a new aerodynamic element aimed at improving EV range. Dubbed the Active Air Skirt, it's essentially a flap that deploys in front of a vehicle's front wheels at certain speeds to reduce aerodynamic drag. While specific production plans weren't discussed, Hyundai and Kia believe the skirt could be helpful in.

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Robotic Tire Changing Business Goes Bust

The Truth About Cars

A Detroit-based startup hoping to normalize robotic tire changes has filed for bankruptcy, perhaps offering hope to all the humans worried that they're about to be displaced by automation. RoboTire, which launched in 2019, had stated its intention to speed up vehicle maintenance for auto repair shops, fleet operators and dealerships. Now its status is Chapter 7.

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Opel Frontera Nameplate Returns In 2024 As All-New Electric SUV Model

Electric Cars Report

Opel has announced the return of the Frontera nameplate in 2024. The name will make its comeback on an all-new SUV model. The new Frontera, which will be presented later this year, will be a fun car with clever functional features. It will also display a new rugged interpretation of Opel’s bold and pure design […] The post Opel Frontera Nameplate Returns In 2024 As All-New Electric SUV Model appeared first on Electric Cars Report.

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Tesla Finally Appears to Make Moves Toward Building Affordable EV Model

The Truth About Cars

The long-rumored affordable, entry-level Tesla is almost here – maybe. Four years after the automaker first said it would build a cheaper EV, it appears things are in motion. Tesla reportedly alerted suppliers that it would start building a mass-market compact crossover in the middle of 2025, which would become one of the most affordable electric models on sale if it becomes a reality.

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MAN Reports 700 Orders For The eTGX And eTGS Models

Electric Cars Report

The first limited edition models of the new MAN eTruck for 2024 are already sold out, apart from a very small number of vehicles. A total of 700 orders and order requests have been received, the majority of which are for large-scale production, which will start at the MAN plant in Munich in 2025. Trucks […] The post MAN Reports 700 Orders For The eTGX And eTGS Models appeared first on Electric Cars Report.

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Tesla (TSLA) warns of ‘notably lower’ growth in 2024

Electrek

Tesla (TSLA)has released its guidance for the year, and it warns of “notably lower” growth of its auto business in.

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The New Volkswagen Golf PHEV Comes With 100 km Electric Range

Electric Cars Report

The Golf is celebrating its 50th birthday this year – and Volkswagen is launching an enhanced version of its bestseller to mark the anniversary. Customers will be able to order the new model in just a few weeks. The new Golf impresses with a next-generation infotainment system, a more intuitive operating concept, a sharper front […] The post The New Volkswagen Golf PHEV Comes With 100 km Electric Range appeared first on Electric Cars Report.

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Kia EV3 and EV4 prep for production following first EV plant upgrade

Electrek

The new affordable Kia EV3 and EV4 models are ready for production following the brand’s first EV plant upgrade. Once up and running, the site will exclusively build EVs, including Kia’s new entry-level models.

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ProLogium Opens the World’s First Giga-level Solid-State Lithium Ceramic Battery Factory

Electric Cars Report

The Taiwanese solid-state battery cell manufacturer ProLogium inaugurated its Taoke solid-state lithium ceramic battery facility, marking a significant milestone in the battery industry. Key strategic partners, including Mercedes-Benz, POSCO, FEV, Arkema, and banks from both Taiwan and France, were present to witness the opening event. A highlight of the event was the unveiling of 106Ah […] The post ProLogium Opens the World’s First Giga-level Solid-State Lithium Ceramic Battery Factory ap

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Used Car of the Day: 2011 Lotus Evora S

The Truth About Cars

Hey, wanna buy a Lotus? This 2011 Lotus Evora S with 51,000 miles and a manual transmission might be your speed. The car appears to be well-maintained and the seller says it's "well-sorted". Mods include a carbon-fiber louvered rear window, carbon fiber sail panel, a GT4-style wing, modified tail lights, Alcantara steering wheel, rear subwoofers, front tweeters, and Recaro seats.

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Electrified Nissan X-Trail Mountain Rescue: bringing e-4ORCE to the slopes

Electric Cars Report

Nissan is bringing the all-wheel drive strengths of its unique e-4ORCE technology to European ski slopes this winter, with the creation of an X-Trail e-4ORCE extensively modified for mountain rescue needs. The modifications to the X-Trail Mountain Rescue include the replacement of the wheels with snow tracks, giving confident traction on slippery pistes, while the […] The post Electrified Nissan X-Trail Mountain Rescue: bringing e-4ORCE to the slopes appeared first on Electric Cars Report.

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Tesla's Next-Generation Platform Will (Hopefully) Launch In 2025, Musk Says

InsideEVs

Tesla CEO Elon Musk said he will need engineers "living" on the assembly line to make it happen, but that's the plan.

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Electric truck development gets $131 million boost – sulfur is a winner

Electrek

The US Department of Energy’s latest round of funding includes millions for truck OEMs like Cummins and Paccar to earmark for battery research and help drive lower electric truck battery prices and advance the cause of EVs in the transportation sector.

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Cadillac to Refresh the CT5-V and CT5-V Blackwing for 2025

The Truth About Cars

Cadillac will soon be an electric automaker, but before it’s got some tricks left before it makes the leap completely. The company recently revealed the 2025 CT5-V and CT5-V Blackwing with refreshed exterior styling, an updated interior and new features. Both cars have a new front fascia with Escalade-like vertical light fixtures that bring animated welcome and departure functions.

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VW says ‘most’ 2023, 2024 ID.4s will get full $7,500 EV tax credit

Electrek

"Most" 2023 and 2024 VW ID.4s will qualify for the full US EV tax credit in 2024 – here's the lowdown on eligibility.