Author: ECar
I fully divested from Tesla (TSLA), selling all my shares. I’m going to try to explain why. At Electrek, we like to be clear about our biases rather than claim we have none. I’ve followed Tesla since 2008 and invested in the company after it went public in 2010. I started writing about EVs, and especially Tesla, full-time in 2015. I invested in the stock mainly because I fully supported Tesla’s mission to accelerate the advent of electric transportation. I thought then, and still do today, that a combination of battery-powered vehicles, with the ethical sourcing of raw battery materials,…
Honda set a sales record in August, with 28% of its sales coming from hybrid or electric models. Most of those cars are hybrids, but the all-electric Prologue is off to a strong start with 5,401 deliveries in August alone. It’s already outselling cars like the Hyundai Ioniq 5 and Kia EV6, but we’ll have to see if Honda can hold on to that momentum after the initial wave of buyers is satisfied. Honda may be late to the long-range EV market, but it’s off to a helluva start. The company posted record sales this August, buoyed by strong SUV…
The EX30 is Volvo’s take on an affordable electric hot hatch, with up to 275 miles of estimated range and 455 horsepower. Models that will arrive in the U.S. next year will be made in Belgium, instead of China, due to the hefty tariffs levied on Chinese-made EVs. CEO Jim Rowan indicated that European production won’t necessarily impact affordability as Volvo may save on logistics and inventory holding costs. The Volvo EX30 was one of the most awaited models of this year in the U.S., until it got delayed. A small electric car starting at $35,000 promised to do big…
The Santa Fe Hybrid’s the smart pick in Hyundai’s three-row SUV family. A turbo-4 plus a motor and batteries nets 231 hp for good acceleration EPA combined gas mileage hits 36 mpg with front-wheel drive The 2024 Hyundai Santa Fe is a striking redesign of the Korean maker’s longstanding SUV model. With three rows now standard, the midsize crossover utility launched with both a conventional gasoline powertrain and a hybrid option, reasonably priced at only $500 more. In late August, we had the chance to drive a 2024 Santa Fe Hybrid in the rolling hills around Santa Barbara, a couple of…
Electric alternative to Volvo XC60 expected to launch in 2026 New crossover to be called EX60, and use next-generation SPA3 platform SPA3 vehicles to incorporate mega casting to save weight and improve production efficiencies Volvo has only introduced the SPA2 platform in the 2025 EX90 electric midsize SUV which starts U.S. deliveries later this year, but the automaker is already close to introducing the next evolution of the platform. Volvo on Thursday announced the new platform as the SPA3. Citing comments made by Volvo chief commercial officer and deputy CEO Björn Annwall at Wednesday’s reveal of the updated 2025.5 XC90…
Nio Q2 earnings call: Onvo L60 to be launched on Sept 19, F3 plant to start production in Q3 2025
Nio Onvo will formally launch the L60 on September 19, with a price slightly lower than the pre-sale price of RMB 219,900. Construction of the F3 plant has already begun, with production set to start in the third quarter of next year. Nio (NYSE: NIO) today reported better-than-expected second-quarter earnings and then held an analyst call. Here’s what CnEVPost has summarized from the call, with the latest at the top. If each of Nio’s battery swap stations provides 60 services per day and charges a fee comparable to the cost of supercharging, then the business will break even. Currently Nio…
Los Angeles is expanding an infrastructure project to put EV chargers in streetlight poles. First spotted by Charged EVs, the Los Angeles Bureau of Street Lighting has contracted with two companies—AmpUp for software and EVSE for retractable charging cables—to add Level 2 chargers to 150 streetlight poles in the City of Angels. The 25-foot cables are installed in existing poles 10 feet off the ground, which can lower installation costs by 70% while reducing the potential for vandalism, damage, or injuries from tripping over cables, according to AmpUP and EVSE. Streetlight EV charger in Los Angeles The Los Angeles Bureau of…
Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News! In this article, I analyze the competitive landscape of electric vehicles (EVs) in China, focusing on the Xpeng Mona M03 and others’ effect on the global auto market. About 3 years ago, I wrote about cars that seemed to be impressive before, like the Xpeng P5 and the BYD Dolphin. The sales of both have been disappointing to me. I don’t know the exact reasons for that, but in the brutally competitive Chinese marketplace, it could be competition or it could be the manufacturer…
Nio reported better-than-expected revenue in the second quarter, with net loss reduced further and gross margins rebounding to a new high since the end of 2022. Nio (NYSE: NIO) today reported second-quarter earnings that beat expectations, as vehicle deliveries unexpectedly exceeded the upper end of its guidance range. The Chinese electric vehicle (EV) maker posted revenue of RMB 17.446 billion ($2.4 billion) in the second quarter, better than the RMB 17.385 billion that analysts expected in a Bloomberg survey. That’s up 98.89 percent year-on-year and up 76.07 percent from the first quarter, and also exceeded the upper end of the…
The Jaguar I-Pace battery fire risk recall saga continues. This latest recall for the 2019 model year still doesn’t provide a permanent fix. Instead, the temporary solution is to limit the maximum state of charge to 80%. Jaguar I-Pace owners in the United States have had a rough time, especially those who bought a 2019 model year. the first to be sold. That’s because the British company’s first mass-market electric vehicle–and one of the first modern long-range EVs–has been recalled yet again for a battery fire risk. According to the National Highway Traffic Safety Administration (NHTSA), this is the fifth…