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Electric Vehicles News
Evannex
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Tesla Board Plans New Pay Deal for Elon Musk After $56B Package Was Overturned
- Tesla's board is working on a new pay package for CEO Elon Musk after a court overturned his previous $56 billion deal tied to performance goals.
- A special committee is exploring options to create a new stock-based compensation plan to reward Musk for future performance milestones.
- Musk desires more control over Tesla's future, aiming for at least a 25% ownership stake and focusing on AI and robotics.
- Despite the setbacks, Tesla's stock has seen an upward trend with a rise of over 18% in May and 40% since late April, suggesting investors' confidence in the company's future direction.
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TechDigest
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7 Common Myths About EVs, Debunked
- BYD UK conducted a survey to debunk common myths about EVs prevailing in the UK.
- 18% of people believe you can't take an EV charger when moving, 17% think EVs can be manual, and 14% believe EVs can't drive through water.
- Misconceptions include thinking EVs won't last as long as ICE cars, can charge themselves, can't be towed, and can't go through a car wash.
- Younger generations are more likely to embrace EV myths, while older generations are more sceptical according to BYD's research.
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Insideevs
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The 2026 Toyota bZ Already Has An Off-Road Version
- Toyota has announced the 2026 bZ Woodland, an off-road electric vehicle based on the bZ and inspired by the Subaru Trailseeker EV.
- The bZ Woodland comes with all-wheel drive, dual electric motors, 375 horsepower, and added trail-friendly features like X-Mode and Grip Control.
- It offers 260 miles of estimated range, a NACS charging port, plug and charge capability, and a maximum charging speed of 150 kW.
- The 2026 bZ Woodland, C-HR, and bZ will be available in the US, signaling Toyota's significant advancement in the EV market.
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Insideevs
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The New Xpeng P7 Is A Stunning Sedan Meant For The World
- The Xpeng P7 is a sporty coupe-sedan at the top of Xpeng's range, set to be sold in global markets.
- The Xpeng P7 will be available in China starting August for around $42,000.
- Designed by French designer Rafik Ferrag, the new P7 showcases a blend of art, athleticism, and technology.
- Xpeng plans to introduce the P7 with camera-based driver assistance features and aims for expansion into foreign markets.
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Teslarati
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Image Credit: Teslarati
SpaceX touts Starlink as GPS alternative in FCC PNT push
- SpaceX sees Starlink as a potential GPS alternative by leveraging its satellite constellation for Positioning, Navigation, and Timing (PNT) solutions.
- SpaceX highlighted the capability of Starlink satellites to deliver PNT services in conjunction with broadband offerings in a letter to the FCC.
- The company mentioned ongoing efforts to integrate PNT into its cellular Starlink service and emphasized the importance of creating a resilient PNT ecosystem.
- Amazon's Kuiper satellites and Globalstar also pitched their services as GPS complements in response to SpaceX's advocacy for GPS alternatives.
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Eletimes
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Why the Future of Mobility Depends on Smarter, Smaller Semiconductors
- Semiconductors play a critical role in the advancement of electric vehicles (EVs) by enabling advanced features, efficient battery management, and safety measures.
- The EV revolution is actively unfolding, with semiconductors serving as a vital component driving various functions in EVs.
- The global EV semiconductor market is projected to grow significantly, reaching nearly $57.1 billion by 2029 with a CAGR of over 31%.
- Factors fueling the growth include environmental regulations, government incentives, advancing EV infrastructure, and automotive electronics technology.
- Semiconductor devices are essential for powering motor control units, battery management units, infotainment systems, and driver-assistance systems in EVs.
- Wide-bandgap semiconductors like Silicon Carbide (SiC) and Gallium Nitride (GaN) are key technologies driving growth due to their high efficiency and suitability for EV applications.
- Semiconductors are integral to EV functions such as battery management, charging systems, advanced driver assistance systems (ADAS), and infotainment systems.
- Asia-Pacific, particularly South Korea, Japan, and China, leads in the EV semiconductor market, with India emerging as a significant player with initiatives like 'Make in India' and the FAME II scheme.
- Geopolitical tensions and the semiconductor supply chain crisis pose challenges, impacting market stability and production timelines for companies in the semiconductor industry.
- Despite challenges, the EV semiconductor market continues to grow rapidly, driven by increased EV adoption globally, technological advancements, and government support.
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E-Vehicleinfo
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Image Credit: E-Vehicleinfo
Remsons Industries secures landmark ₹300 crore order from Stellantis North America
- Remsons Industries Limited secures a significant order of ₹300 crore from Stellantis North America.
- The company entered the electric vehicle industry by acquiring a majority stake in Astro Motors, focusing on electric three-wheelers for last-mile delivery and cargo transport.
- Remsons' collaboration with Stellantis North America marks a pivotal moment in its global expansion and commitment to excellence.
- The partnership involves supplying components for vehicle platforms like Jeep Wrangler and RAM, strengthening Remsons' position in the automotive industry.
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CarExpert
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2025 MG S5 EV review
- The 2025 MG S5 EV is a part of MG's new model rollout and is the brand's first dedicated electric SUV, offering Excite and Essence models with 49kWh or 62kWh battery packs.
- Priced competitively starting from $40,490 drive-away, the MG S5 EV competes in the mid-size SUV class against popular models like Toyota RAV4 and Mazda CX-5.
- Featuring a revolutionary design, the MG S5 EV offers improved quality, comfort, and convenience compared to its predecessor, the MG ZS EV.
- The interior of the MG S5 EV boasts a modern design with quality materials, advanced technology, comfortable seating, and ample storage space.
- Equipped with a rear-mounted electric motor producing 125kW of power, the MG S5 EV offers a smooth driving experience with regenerative braking and balanced handling.
- Standard features in the MG S5 EV include LED headlights, digital instrument cluster, infotainment system, wireless charging, and various safety technologies.
- Safety features in the MG S5 EV range from autonomous emergency braking to lane-keep assist, with the Essence model adding 360-degree cameras and customizable safety settings.
- The MG S5 EV is backed by a 10-year/250,000km warranty and offers competitive pricing in the EV SUV market, making it an attractive option for buyers.
- Despite the need for further assessment, the MG S5 EV impresses with its modern design, spacious interior, comfortable ride, and well-equipped features.
- Overall, the MG S5 EV presents a compelling choice in the SUV segment, especially for those considering a battery-electric powertrain.
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E-Vehicleinfo
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Image Credit: E-Vehicleinfo
$1.5 trillion – World’s largest lithium reserves found in Oregon, USA
- A $1.5 trillion-valued lithium deposit has been discovered along the Nevada-Oregon boundary in the United States, potentially the world's largest reserve of the metal.
- The lithium deposit is crucial for renewable energy storage systems and electric vehicles, offering a chance for the U.S. to reduce reliance on imported lithium and advance clean energy initiatives.
- The mining project at Thacker Pass, a site of cultural significance to Indigenous communities, faces concerns about environmental impacts, water pollution, and legal disputes over BLM's approval.
- Efforts have been made to address citizen concerns, including a Community Benefits Agreement, yet protests continue, highlighting the complex balance between meeting energy demands and preserving Indigenous rights and ecosystems.
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Teslarati
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Image Credit: Teslarati
Tesla battery supplier feels pressure to expedite US production
- Panasonic, Tesla's battery supplier, is under pressure to accelerate electric vehicle (EV) cell production at its Kansas plant.
- Tesla is urging Panasonic to increase its production pace in response to the growing demand for EV cell production in the United States.
- Panasonic's CEO mentioned that Tesla is pushing for a faster start at the Kansas facility, which is set to boost U.S. production capacity by 60% by March 2027.
- The recent U.S.-China tariff truce has left EV battery tariffs untouched, prompting Tesla to rely on Panasonic's Kansas plant to strengthen its resilience against trade barriers.
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Teslarati
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Tesla resumes shipping Cybercab, Semi parts from China after U.S. tariff truce
- Tesla is resuming shipping Cybercab and Semi truck components from China to the U.S. following the U.S.-China tariff truce.
- The recent de-escalation of trade tensions between the U.S. and China has prompted Tesla to swiftly capitalize on the situation.
- The tariff truce involves reduced extra duties on Chinese imports by the U.S. from 145% to 30% and a corresponding reduction by China on U.S. imports from 125% to 10%.
- Tesla's strategic move aligns with its production timeline for the Cybercab and Semi truck, leveraging its global supply chain to meet production milestones.
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CarExpert
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Image Credit: CarExpert
Mitsubishi Eclipse Cross will be reborn as an EV, but it’s unlikely for Australia
- Mitsubishi is replacing the petrol and plug-in hybrid Eclipse Cross with a new all-electric small SUV, developed for Europe and built by Renault.
- The new Eclipse Cross is expected to be a restyled Scenic E-Tech by Renault and produced in France for the European market.
- Mitsubishi Australia has stated that the new Eclipse Cross is currently only intended for the European market.
- The Eclipse Cross will feature advanced ADAS technology, have Google built-in connectivity, and offer both long-range and mid-range variants.
- The upcoming Grandis model will be combustion and hybrid-powered, unlike the electric-only Eclipse Cross, and set for a July reveal.
- Mitsubishi's renewed strategy in Europe focuses on an SUV range with combustion, hybrid, plug-in hybrid, and electric powertrains.
- The outgoing Eclipse Cross will still be available in markets like Japan and North America.
- Mitsubishi plans to introduce an EV sourced from Foxtron in Australia in the second half of 2026, based on the Model B offering 500km of NEDC range.
- The Leaf-based future BEV is also being discussed for Australia alongside the Foxtron collaboration.
- Mitsubishi Australia withdrew the current Eclipse Cross due to not meeting Australian regulations, with a new ASX expected this year and a new Pajero Sport in the pipeline.
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Chargedevs
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GM says its new LMR batteries will “change the outlook for the EV market”
- GM and LG Energy Solution have introduced a new type of battery cell, LMR, which aims to offer long range and low cost for EVs.
- The LMR cells are expected to have up to 30% more energy density than current cells and could reduce China's dominance in the low-cost EV battery market.
- GM plans to use LMR cells in future electric trucks and SUVs, alongside other battery chemistries like NMCA and LFP for different types of EVs.
- The use of LMR cells in prismatic form is expected to reduce total system costs in large EVs by 50%, with GM aiming to start production in the US in 2028.
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Insideevs
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Image Credit: Insideevs
Porsche Blames Electrification For Deepening Crisis
- Porsche is facing a crisis due to struggling amid changing EV demand and lack of flexibility in product planning.
- The company's overly aggressive and inflexible electrification strategy, aiming for 80% electric worldwide by 2030, is causing issues.
- Porsche cut jobs citing delayed ramp-up of electromobility, with revenue goals reduced by about $2.2 billion and 8,000 more jobs at stake.
- Competition in China, where high-horsepower EVs are cheap, is also impacting Porsche's sales, with a 42% drop in first-quarter sales and potential market exit.
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Electrek
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Image Credit: Electrek
Lectric restocks e-bikes with up to $654 in free gear from $999, Anker 521 station $170, Greenworks battery discounts, Rachio, more
- Lectric has restocked several e-bike models with deals starting at $1,299 and up to $336 in free gear.
- Anker 521 Portable Power Station is now available for $170, featuring upgraded LiFePO4 cells.
- Greenworks is offering discounts on 40V and 80V batteries with the G-MAX 40V 5.0Ah Battery priced at $126.
- Rachio’s 3rd Gen 8-Zone Smart Sprinkler Controller is on sale for $170. More Green Deals available in the links provided.
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