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Tesla's sales figures in Europe tanked even further in April
a year ago
- Tesla's sales in Europe plummeted by over 50% in April 2024.
- Sales dropped significantly in Sweden (81%), Netherlands (73.8%), Denmark (67%), and France (59%).
- Despite a 23.9% increase in EU all-electric car sales, Tesla's sales fell by 45% in Q1 2024.
- Tesla's market share in Europe decreased from 2.4% in 2023 to 1.3% in Q1 2024.
- The refreshed Model Y failed to boost Tesla's sales in Europe.
- In the US, Tesla's sales declined by 8.6% in Q1 2024 despite an 11.4% growth in total EV sales.
- Tesla's global deliveries dropped by 13% year-over-year in 2023.
- Tesla is rumored to be launching a more affordable EV model soon, possibly a stripped-down Model Y or a robotaxi.
Tesla confirms it has given up on its Cybertruck range extender
a year ago
- Tesla cancels Cybertruck range extender plans and refunds deposits.
- Original Cybertruck range promises fell short; tri-motor version now has 320 miles instead of 500+ miles.
- Range extender was priced at $16,000, took up a third of the truck bed, and required service center installation.
- Tesla removed the range extender from the online configurator and confirmed it won't be produced.
- Possible reasons for cancellation include low demand and the Cybertruck's commercial underperformance.
BYD Sealion 7 surpass Tesla Model Y to be Australia's best-selling electric car
a year ago
- BYD Sealion 7 surpasses Tesla Model Y to become Australia’s best-selling electric car in April 2025 with 743 sales.
- Tesla Model Y sales dropped 76% compared to April 2024, falling to eighth place with only 280 units sold.
- Plug-in hybrid (PHEV) sales plummeted by nearly 5,000 units in April due to the removal of Fringe Benefit Tax (FBT) exemption.
- BYD Shark 6 led PHEV sales despite a significant drop from March, followed by Sealion 6 and GWM Haval H6.
- Hybrid sales saw a 6% decline compared to April 2024, with Toyota models dominating the segment.
- Top-selling hybrids included Toyota RAV4, Corolla, and Hyundai Tucson, while BYD, MG, and Kia led EV sales.
Tesla Cybertruck inventory goes through the roof
a year ago
- Tesla Cybertruck inventory in the U.S. exceeds 10,000 units, indicating a demand slowdown.
- Data shows a sharp rise in Cybertruck listings, possibly inflated by varying discounts.
- Unsold inventory, averaging $78,000 per unit, could represent nearly $800 million in capital.
- Sluggish sales, not increased production, likely caused the inventory buildup.
- Many 2024-manufactured Cybertrucks, including discontinued 'Foundation Series,' remain unsold.
- Tesla introduced a rear-wheel-drive (RWD) variant, abandoning plans for multiple battery sizes.
- Current inventory levels suggest Tesla may struggle to sell 20,000 units annually, far below initial projections.
- Analysts speculate Tesla may reduce or halt Cybertruck production due to mounting inventory.
- The Cybertruck faces regulatory bans in Europe and parts of Asia, limiting its market reach.
GM's LMR battery breakthrough means more range at a lower cost
a year ago
- General Motors has 12 electric vehicles (EVs) on the road, surpassing Ford's current offerings.
- GM is advancing with new battery technologies, aiming for mass EV adoption and price parity with gasoline vehicles.
- Kurt Kelty, GM's head of batteries, highlights the importance of reducing the price gap between gasoline and electric vehicles, currently around $7,500.
- GM showcased its LMR (Lithium Manganese-Rich) battery technology, designed to reduce costs by minimizing cobalt use while maintaining energy density.
- LMR batteries aim to offer near-NMC range at LFP prices, with a 30% greater range than current LFP packs, expected in trucks by 2028.
- GM will use prismatic cells for LMR tech, reducing complexity by decreasing the number of cells from 24 to 6 per pack.
- LMR batteries will coexist with LFP and NMC batteries in GM's lineup.
Tesla crushed in Europe as BYD outsells; BEV sales surge 28%
a year ago
- Tesla's popularity in Europe has declined significantly, as shown by new car registration numbers.
- New car sales in Europe were almost flat, but plug-in sales (BEVs and PHEVs) grew by 28% and 31% respectively.
- Tesla's Model Y registrations fell by 53%, dropping it to 9th place in BEV registrations.
- The Skoda Elroq, VW ID.3, ID.7, ID.4, and Kia EV3 now lead the European BEV market.
BYD Outsells Tesla in Europe
a year ago
- BYD outsold Tesla in Europe for the first time in April.
- BYD sold 7,231 battery-powered cars compared to Tesla's 7,165.
- BYD's EV sales in Europe surged nearly 170% year-on-year.
- Analysts call this a 'watershed moment' for Europe's car market.
- Tesla's sales in Europe have declined amid controversies surrounding Elon Musk.
19M tons of lithium found in Arkansas
a year ago
- Researchers discovered 19 million tons of lithium reserves in southwestern Arkansas.
- The lithium could meet global demand for electric car batteries in 2030 nine times over.
- ExxonMobil signed a deal to supply lithium for 1 million EV batteries annually by 2030.
- Lithium will be extracted using direct lithium extraction (DLE) technology from underground saltwater.
- Lithium is crucial for EV batteries and clean energy, reducing reliance on foreign imports.
- Elon Musk called lithium the 'new oil' and is investing in a lithium refinery in Texas.
- Tesla's lithium refinery aims to produce enough lithium for 1 million EVs annually.
General Motors Is Now Canada's Best-Selling EV Maker as Tesla Sales Crater
a year ago
- General Motors overtakes Tesla as Canada's best-selling EV maker.
- GM sold more EVs in Q4 2024 and Q1 2025 compared to Tesla.
- Tesla's registrations in Quebec dropped by 90% from Q4 2024 to Q1 2025.
- Canadian government and Quebec halted EV rebate programs, affecting sales.
- GM's diverse brand portfolio helped it surpass Tesla in the Canadian market.
- Elon Musk's controversial comments and US-Canada tariff tensions impacted Tesla's sales.
Dodge Confirms Electric Charger Daytona R/T Is Dead as Unsold Cars Pile Up
a year ago
- Dodge discontinues the base Daytona R/T trim of the electric Charger for the 2026 model year.
- Only the pricier Scat Pack version will remain until the four-door model arrives.
- Massive incentives are being offered on 2024 and 2025 models to clear excess inventory.
- U.S. tariff policies have impacted pricing, leading to the postponement of the R/T trim.
- Dealers are sitting on approximately 3,500 Charger Daytona R/Ts, offering steep discounts.
- The 2025 R/T had a base price of $61,595, while the Scat Pack costs $75,980.
- The twin-turbo Sixpack variants are expected to launch in the second half of the year.
- No confirmation on whether the R/T trim will return in the future.
- The long-rumored V8-powered Charger's status remains unclear.
Xiaomi SU7 Ultra sets new Nürburgring record for production EVs
a year ago
- Xiaomi SU7 Ultra production version sets new Nürburgring Nordschleife lap record for production EVs at 7:04.957.
- CEO Lei Jun hints at future improvements and long-term Nürburgring presence, aiming to compete with top global automakers.
- Prototype SU7 Ultra previously broke a 7-year dominance by Western brands with a 6:46.874 lap time in October 2024.
- Production SU7 Ultra uses Xiaomi’s Super Motor V8s (27,200 rpm), delivering 1,548 hp, 0-60 mph in 1.98s, and a 217 mph top speed.
- Already fastest four-door production car at tracks like Chengdu Tianfu, Zhuzhou, Zhuhai, and Zhejiang circuits.
- Xiaomi partners with Polyphony Digital to feature SU7 Ultra in Gran Turismo 7 and unveils Xiaomi Vision GT concept car.
The Tesla Brain Drain
a year ago
- Tesla's future heavily depends on Elon Musk as the company faces declining sales and executive departures.
- Elon Musk's focus on AI and robots has diverted attention from Tesla's core car business.
- Tesla has lost many top executives and employees, increasing pressure on Musk to lead the company single-handedly.
- Musk's leadership style involves radical cost-cutting and restructuring, which has both helped and hurt Tesla.
- Former Tesla employees are now contributing to other automakers, potentially leveling the playing field in the EV industry.
- Tesla's struggles could slow the transition to electric vehicles, impacting the broader automotive industry's shift to cleaner technologies.
- Musk's reputation and investor confidence are at stake as Tesla navigates these challenges.
Tesla sales drop for fifth month in a row in Europe
10 months ago
- Tesla sales in Europe dropped for the fifth consecutive month in May, declining by 28%.
- Overall electric vehicle (EV) sales in Europe increased by 25%, with Germany seeing a 45% surge.
- Elon Musk's public support for a far-right party in Germany may have alienated potential buyers.
- China’s SAIC Motor outperformed Tesla in Europe, selling 18,716 vehicles compared to Tesla’s 8,729.
- Tesla is testing its driverless 'robotaxis' service in Austin, Texas, with plans to expand rapidly.
- Some issues with the robotaxis have been reported, prompting federal regulators to investigate.
'The Most Humbling Thing I've Ever Seen': Ford CEO on China's Car Industry
10 months ago
- Ford CEO Jim Farley praises China's EV industry for superior technology, lower costs, and high quality.
- China has rapidly become a global leader in electric vehicles, with advanced in-car digital experiences.
- Chinese EVs feature seamless integration with digital life, AI companions, and automatic payments.
- Chinese firms benefit from government subsidies and vertical integration, driving down costs significantly.
- BYD's Seagull EV is a prime example of China's cost-effective, high-quality electric vehicles.
- Ford is learning from China by studying their EVs and developing a $30,000 electric car.
- Ford is also working on cheaper LFP batteries in Michigan through a partnership with CATL.
- Farley emphasizes the need for humility and learning from China's advancements in EV technology.
- High tariffs currently protect the U.S. market, but Chinese EVs are expected to arrive eventually.
$7k single-seat electric car has become a hit in Japan
10 months ago
- A Japanese startup, KG Motors, is developing a small, affordable electric vehicle (EV) in Hiroshima.
- Their one-seater EV resembles a futuristic golf cart and has already pre-sold over half of the planned 3,300 units by March 2027.
- KG Motors is on track to outsell Toyota in Japan's EV market, challenging the notion that bigger cars are better.
- EVs are still uncommon in Japan, making KG Motors' approach unique and disruptive.
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Norway Reached 96.9% Market Share for EVs in June
10 months ago
- 17,799 new electric cars were registered in Norway in June 2025, accounting for 96.9% of all new registrations.
- EV registrations increased by 3,790 units compared to June 2024, where EVs held an 80% market share.
- Only 577 new registrations were for non-electric vehicles, with hybrids dropping significantly in market share.
- Pure combustion engines saw a decline, with diesel at 0.8% and petrol at 0.3% market share.
- Tesla Model Y led with 5,004 new registrations (27.2% market share), followed by Toyota bZ4X and VW ID.4.
- Year-to-date, Tesla Model Y remained dominant with 11,006 registrations, ahead of bZ4X and ID.4.
- The Norwegian car market grew by 23% in the first half of 2025, driven by EV sales and favorable financing.
- New car models and brands are rapidly gaining popularity, intensifying competition in the market.
Volkswagen ID.3, ID.4 getting physical buttons and knobs
10 months ago
- Volkswagen confirms major updates for ID.3 and ID.4, including a fresh design language and physical interior controls.
- Design cues from the ID.2all concept will be integrated into both models, with a revamped dashboard and interface.
- Physical buttons and knobs, including a rotary dial for volume control, will return in response to criticism of touch-sensitive controls.
- Volkswagen hints at moving away from the ID. naming convention, suggesting future replacements for ID.3 and ID.4.
- Refreshed ID.3 expected in Q2 next year; updated ID.4 to be revealed by end of 2026.
EVs Will Decimate Big Oil
10 months ago
- Electric vehicles (EVs) are displacing millions of barrels of oil daily, reducing carbon emissions significantly.
- The U.S. passed a bill ending federal tax credits for clean energy, benefiting fossil fuel companies temporarily.
- Despite U.S. policy setbacks, global EV adoption continues to grow, with oil demand expected to decline sharply.
- EVs displaced 1 million barrels of road fuel daily by 2018, rising to 2 million by 2024, and projected to exceed 5 million by 2030.
- Major oil companies like Chevron, BP, and Shell are investing in EV infrastructure and lithium mining, signaling a shift towards clean energy.
- Europe and China are leading in EV adoption, leaving the U.S. behind in the transition to cleaner energy sources.
Stellantis declares bankruptcy in China, with $1B in debts
10 months ago
- The Gac-Fiat Chrysler joint venture in China has been declared bankrupt, ending Stellantis' industrial presence via this entity.
- Launched in 2011, the venture aimed to conquer China's auto market with significant investments and production capacity but failed to adapt to the electric vehicle revolution.
- Sales peaked in 2017 but declined rapidly due to reliance on outdated thermal models, leading to restructuring in 2022 and unsuccessful asset auctions.
- Liabilities exceeded 8.1 billion yuan, with only 1.9 billion in assets, leading to liquidation.
- Stellantis' failure highlights Western manufacturers' struggles to compete with China's ultra-competitive local electric vehicle brands.
- Geopolitical tensions and governance disputes with GAC further complicated the situation.
- The bankruptcy marks the end of Stellantis' Asian strategy inherited from Sergio Marchionne.
Science Explains Why People Get More Carsick in EVs
9 months ago
- EVs are smoother and quieter than internal-combustion cars, but they can worsen motion sickness for passengers.
- Motion sickness in EVs is caused by a mismatch between passengers' expectations and the car's actual movement due to missing audio and kinetic cues.
- Passengers lack familiar signals like engine revs and vibrations, making it harder for the brain to estimate motion forces in EVs.
- Regenerative braking and one-pedal driving in EVs contribute to motion sickness by altering the expected acceleration and deceleration patterns.
- Studies link EV silence and seat vibrations to increased motion sickness, contrasting with traditional gas-powered cars.
- Future generations raised with EVs may adapt better, but motion sickness could remain an issue for some in an all-EV world.

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#electric vehicles

Tesla's sales figures in Europe tanked even further in April

Tesla confirms it has given up on its Cybertruck range extender

BYD Sealion 7 surpass Tesla Model Y to be Australia's best-selling electric car

Tesla Cybertruck inventory goes through the roof

GM's LMR battery breakthrough means more range at a lower cost

Tesla crushed in Europe as BYD outsells; BEV sales surge 28%

BYD Outsells Tesla in Europe

19M tons of lithium found in Arkansas

General Motors Is Now Canada's Best-Selling EV Maker as Tesla Sales Crater

Dodge Confirms Electric Charger Daytona R/T Is Dead as Unsold Cars Pile Up

Xiaomi SU7 Ultra sets new Nürburgring record for production EVs

The Tesla Brain Drain

Tesla sales drop for fifth month in a row in Europe

'The Most Humbling Thing I've Ever Seen': Ford CEO on China's Car Industry

$7k single-seat electric car has become a hit in Japan

Norway Reached 96.9% Market Share for EVs in June

Volkswagen ID.3, ID.4 getting physical buttons and knobs

EVs Will Decimate Big Oil

Stellantis declares bankruptcy in China, with $1B in debts

Science Explains Why People Get More Carsick in EVs