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Electric Vehicles News

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The Verge

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Image Credit: The Verge

So long, EV tax credits

  • After Donald Trump won his second term, he aimed to end President Joe Biden's 'EV mandate' through a series of executive orders and actions by Congress.
  • Congressional Republicans have passed a bill to end tax credits for clean energy, including the $7,500 EV tax credit and incentives for other renewable energy projects.
  • The proposed bill would impose an annual $250 tax on EV owners for road and infrastructure improvements, while hybrid owners would face a $100 tax.
  • The future of the EV industry looks bleak as the U.S. falls behind in clean energy investments, potentially leading to fewer jobs and stalled projects in Republican-leaning districts.

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Macdailynews

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Apple, Tesla, and Nvidia shares to trade as digital tokens on crypto exchange Kraken

  • Kraken plans to offer non-U.S. customers the ability to trade tokenized versions of popular stocks like Apple, Tesla, and Nvidia on a digital ledger, aiming to simplify access to U.S. stocks for international investors.
  • The rollout of these tokenized equities, named 'xStocks,' will begin in Europe, Latin America, Asia, and Africa in the coming weeks, allowing 24/7 trading, with Kraken's U.S. customers not included in this offering.
  • The xStocks tokens on the Solana blockchain will be backed by shares of the underlying security and redeemable for the cash value of the securities, ensuring prices remain aligned with the corresponding stocks and ETFs.
  • Kraken's tokenized stocks are expected to benefit international investors by providing a cheaper and easier route to access the U.S. stock market, reducing fees and settlement times, with possibilities for trading on other crypto exchanges in the future.

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TechCrunch

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Image Credit: TechCrunch

Senate votes to revoke California’s ability to set air pollution standards

  • Senate Republicans vote to overturn waiver allowing California to set stricter air pollution standards for vehicles.
  • California, which received such waivers over a hundred times in the past 50 years, also had mandates for electric vehicle (EV) sales starting in 2026.
  • The vote to revoke the emissions waiver went against the advice of the Senate parliamentarian and the Government Accountability Office.
  • California Attorney General was prepared for the repeal efforts and stated it was not an appropriate use of the Congressional Review Act.

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Insideevs

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The Dodge Charger Daytona Is A Great Muscle Car. But It's A Weird EV

  • The Dodge Charger Daytona is a unique EV that maintains the sound of a Hemi V8 through a sound system without an actual engine.
  • Dodge has introduced the Charger Daytona as an attempt to preserve the essence of its traditional muscle cars in an electric format.
  • While the Charger Daytona offers impressive speed and performance, it falls short as a fully enjoyable EV.
  • Amid the shift to electric vehicles, Dodge faces the challenge of adapting its iconic Charger and Challenger models for the electrified era.
  • Described as fast and fun, the Charger Daytona struggles to resonate with the muscle car enthusiasts due to its electric nature.
  • The Charger Daytona features unique driving modes like Track, Drag, and Drift, enhancing the driving experience with simulated engine sounds.
  • While the Charger Daytona excels in speed and power, it lacks certain modern EV features such as one-pedal driving and smooth regenerative braking.
  • The interior of the Charger Daytona blends premium materials with some cheap-feeling plastics, offering ample backseat space suitable for a coupe.
  • Charging the Charger Daytona unveils mixed results, with some issues reported with DC fast-charging rates and software functionality.
  • Priced at a higher range for an electric vehicle, the Charger Daytona faces criticism from Dodge fans for its cost compared to its gas-powered predecessors.

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Insideevs

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Congress Just Took A Sledgehammer To The EV Industry. Here's What It Means

  • The U.S. Congress passed bills that could severely limit the growth of electric cars in America, ending tax credits for clean energy and electric vehicles.
  • The bill eliminates tax credits for purchasing or leasing new EVs and home refueling infrastructure, as well as subsidies for solar and wind energy production.
  • Furthermore, the bill imposes a new 'Car Tax' on EV and hybrid owners, potentially making it more expensive to own such vehicles.
  • Repealing these provisions could impact the U.S. EV industry, shift power to China, and endanger clean-energy jobs in the country.
  • Advocates warn that removing these credits will harm the auto industry and related sectors, putting American jobs at risk.
  • The House bill could exclude certain provisions as it progresses to the Senate, but the impact on EV growth remains a concern.
  • Ending the California emissions waiver may also hinder EV growth in key markets, affecting automakers and the push for a national emissions standard.
  • The bill has faced mixed reactions, with Republicans largely supporting it, the auto industry investing heavily in electrification, and uncertainties regarding future provisions.
  • The move towards the bill's reconciliation in the Senate will determine the final outcome and its implications for the EV industry and clean-energy sector.
  • The article is a breaking news story and will be updated with further developments.

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Electrek

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Rad Power’s Memorial Day Sale takes up to $500 off new and legacy e-bikes from $1,299, DJI, Husqvarna, EcoFlow flash sale, more

  • Rad Power's Memorial Day Sale offers up to $500 off seven e-bikes, including first-time discounts on new models like the Radster Road Commuter e-bike priced at $1,999.
  • Other deals include DJI's Power 1000 Station for $449, Husqvarna's Power Axe 350i Cordless Electric Chainsaw kit for $384, and EcoFlow's flash sale with discounts up to 30% starting from $649.
  • Additional discounts on various tools from Husqvarna and more offers are available.
  • EcoFlow's Memorial Day Sale, Lectric's XP Trike accessory bundle, and other Green Deals can be found at the links provided.

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Teslarati

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How Tesla could benefit from the ‘Big Beautiful Bill’ that axes EV subsidies

  • The United States House of Representatives passed the 'Big Beautiful Bill' which ends EV subsidy programs like the $7,500 tax credit by the end of this year.
  • The bill eliminates credits on new and used EV purchases, as well as the installation of Level 2 chargers, impacting solar subsidies for clean energy.
  • Tesla could benefit from the bill due to timing, as potential buyers may rush to purchase EVs before the credit ends, potentially boosting Tesla's sales.
  • Additionally, Tesla's plans to introduce affordable models by 2025 could help offset the impact of losing the tax credit, making EVs more accessible to consumers.

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Chargedevs

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Electrify your fleet with nothing down with Revolv’s fleet-as-a-service model

  • Revolv's fleet-as-a-service model allows companies to pursue electrification without risking any capital.
  • Choosing a fleet-as-a-service model can eliminate financial risks associated with EVs and infrastructure performance.
  • Revolv focuses on selecting the best hardware, software, and services tailored to a customer's needs for a complete solution.
  • The company collaborates with various software providers, vehicle OEMs, EVSE providers, installers, and maintenance service providers.
  • Revolv aids customers in navigating the complex process of securing federal, state, local, and utility incentives, saving them time and effort.
  • Revolv helps identify facilities qualifying for higher incentives, benefiting customers and supporting California's environmental justice goals.
  • Numerous fleet operators seek electrification but face daunting upfront costs for vehicles, charging infrastructure, and more.
  • Revolv's fleet-as-a-service model reduces complexity in setting up an electric fleet, minimizing financial surprises for customers.
  • Revolv CEO Scott Davidson highlights the importance of economic, operational, and environmental performance for fleet operations.
  • Revolv warehouses technology risks for customers by converting capital expenses to operating expenses, ensuring operational continuity.

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Insideevs

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Tesla Is Testing An Updated Model S Plaid. So Far, It Looks The Same

  • Tesla is testing an updated version of the Model S Plaid, as seen in new spy shots from the Nürburgring.
  • The current Model S and Model X are starting to feel outdated, with Tesla's flagship sedan being 13 years old.
  • Despite multiple updates to the interior, powertrain, and battery, certain basic elements like packaging, layout, and suspension hard points require significant upgrades.
  • Rumors suggest Tesla is working on improvements, but the extent of these upgrades, whether minor or holistic, remains unclear.

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TechDigest

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UK EV drivers save £47 million by renewing road tax early

  • UK EV owners saved an estimated £47.7 million by renewing their Vehicle Excise Duty (VED) before new regulations on April 1st, 2025.
  • There was a 1,467% surge in VED renewals for electric cars in March 2025 compared to the same month last year.
  • Renewing VED before the new regulations allowed EV owners to secure an additional year of tax-free driving, resulting in 244,598 renewals in March 2025.
  • Specific UK postcodes like Bath and Birmingham saw significant increases in EV VED renewals, with potential savings amounting to millions of pounds.

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Insider

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The Magnificent 7 drove a $36 billion loss for short sellers as stocks soared after tariff chaos

  • Short sellers faced a $36 billion loss as stock market rallied since April lows.
  • The biggest tech names like Tesla, Nvidia, and Microsoft caused significant losses for short bets.
  • Short positions in Tesla, Nvidia, and Microsoft accounted for steepest market value losses over the 42-day period.
  • Short-sellers experienced losses due to the volatility from President Donald Trump's tariffs, with 48% of all short positions being unprofitable in 2025.

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Chargedevs

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Mack Trucks to offer an electric Pioneer Class 8 truck

  • Mack Trucks, part of the Volvo Group, is introducing the electric version of its Class 8 Mack Pioneer highway truck.
  • The Mack Pioneer will utilize Mack's e-axle and Proterra batteries, targeting regional haul, drayage, and hub-and-spoke operations.
  • The truck features innovative digital mirror system, remote diagnostics, over-the-air software updates, and a MyMack smartphone app for controlling various systems.
  • Designed with driver comfort, safety, connectivity, and aerodynamics in mind, the Pioneer BEV is built on a solid structure according to Fernando Couceiro, Mack’s Vice President of Highway Trucks.

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Chargedevs

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indiGO Tech raises $54 million in funding for light EVs

  • US-based electric and autonomous vehicle company indiGO Tech raised $54 million in Series BB funding round with investments from FedEx, Foxconn, and FM Capital.
  • indiGO plans to offer multiple light smart EVs for commercial fleets and ride-hailing services, including Dash and Flow models.
  • Dash, priced at around $20,000 after tax credits, offers 90 cubic feet interior, 110 miles of range, and is available for pre-orders. Flow has 185 cubic feet space, over 200 miles range, and features the SmartWheels system.
  • GO acquired Clevon, an unmanned delivery vehicle provider, to enhance the development of the SmartWheels platform. The company aims to start GO Loop services and launch the vehicles by securing a Series C funding by the end of the year.

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Chargedevs

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Eaton introduces new EV Truetrac differential

  • Eaton has introduced a new EV Truetrac differential tailored for electric vehicles (EVs), addressing challenges unique to EV propulsion systems.
  • The EV Truetrac is designed to function in low-viscosity oil environments, minimize noise sensitivity, and accommodate high torque demands required by EVs.
  • The differential's advanced micro-geometry tuning and material science enhancements ensure durability in thinner oil environments and high-torque applications.
  • Eaton's EV Truetrac aims to meet automakers' demands for enhanced traction, stability, and performance in EVs, with a focus on pickup trucks and SUVs in markets like North America and Asia.

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Chargedevs

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STMicroelectronics introduces memory device for automotive microcontrollers

  • STMicroelectronics is introducing Stellar with xMemory, a new generation of extensible memory embedded into its Stellar series of automotive microcontrollers.
  • The new microcontrollers with xMemory aim to simplify computing platforms for software-defined vehicles (SDVs) and EV architectures by addressing memory challenges.
  • Stellar with xMemory offers a single device with extensible memory, reducing costs and providing a more efficient solution for carmakers to future-proof their designs.
  • The technology includes embedded Phase Change Memory (PCM) technology, providing advantages for automotive microcontrollers compared to other memory technologies like RRAM and MRAM.

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