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 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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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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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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Toyota–BYD Crossover? Toyota’s Akio Toyoda Off The Map On EVs, BYD Passes VW In China

CleanTechnica EVs

We’ve got a few short news stories here from Toyota and BYD. And they highlight what could be a massive. [continued] The post Toyota–BYD Crossover? Toyota’s Akio Toyoda Off The Map On EVs, BYD Passes VW In China appeared first on CleanTechnica.

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

Oil

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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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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 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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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 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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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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New U.S. Policy Boosts Access to EV Charging

CleanTechnica EVs

The federal action will improve access for millions of Americans. The post New U.S. Policy Boosts Access to EV Charging appeared first on CleanTechnica.

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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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Tesla to launch low cost, next generation EV next year with “revolutionary” manufacturing system

The Driven EV News

Tesla to begin production of its new low cost electric vehicle in 2025 after "revolutionary" manufacturing process that slashes manufacturing cost below $US20,000. The post Tesla to launch low cost, next generation EV next year with “revolutionary” manufacturing system appeared first on The Driven.

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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.

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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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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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Instant EV Charging Stations: Just Add Freewire

CleanTechnica EVs

FreeWire Technologies is adding its plug-and-play, ultra-fast EV charging stations to GM's growing pot of vehicle electrification services. The post Instant EV Charging Stations: Just Add Freewire appeared first on CleanTechnica.

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Stellantis slams Italy for not backing EVs, putting Fiat at risk

Electrek

EVs drivers in Italy are a rare breed. And Stellantis’s CEO Carlos Tarvares says the government needs to step in and do more, a lot more, to promote EVs in a country with only 4% EV adoption rate, reports Automotive News Europe. Italy has some of the oldest, most polluting cars in Europe, and is lagging way behind other European countries in EV adoption, with an incentive program that has been practically nonexistent.

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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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GM Energy will offer FreeWire’s unique charging solutions to fleets via new partnership

Electrek

Budding EV charging developer FreeWire Technologies gained a significant player in the automotive industry to help get its turnkey charging solutions out to more customers. Today, FreeWire shared that it has partnered with GM Energy to help deploy the former’s ultra-fast EV chargers to commercial and fleet customers in the US.

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The Lead-Up To Tesla’s Quarterly Financial Report

CleanTechnica EVs

Speculation about the content of Tesla’s quarterly financial report is always rampant. Today’s announcements will be a harbinger of the. [continued] The post The Lead-Up To Tesla’s Quarterly Financial Report appeared first on CleanTechnica.

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Porsche Macan EV images leak hours before official debut

Electrek

The highly anticipated Porsche Macan EV has finally shown its face. Hours ahead of its official reveal, the first images have leaked, giving us our first look at the all-electric Porsche Macan.

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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 (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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