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Electric Vehicles News
Teslarati
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Tesla subject to another arson vandalism as 17 cars lit on fire in Rome
- Italian anti-terror police unit investigates the arson attack on 17 Tesla cars at a showroom in Rome.
- It is believed to be an instance of violent vandalism carried out by a group of anarchists.
- This is the second fire incident involving Tesla vehicles in Italy in a week.
- Tesla is working with the police, and investigations are ongoing to determine the cause of the fire.
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Chargedevs
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Image Credit: Chargedevs
Virgin Atlantic and Joby plan to launch UK air taxi service
- Virgin Atlantic and Joby Aviation have signed an agreement to create an electric vertical takeoff and landing (eVTOL) air taxi service in the UK.
- The partnership aims to provide faster and electric off-highway transportation between major cities and towns in the UK.
- The eVTOL aircraft has room for one pilot and four passengers, with additional space for luggage.
- The service will initially connect passengers arriving at London Heathrow and Manchester airports to less in-demand destinations.
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Chargedevs
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Electrovaya receives $51-million EXIM loan to expand battery manufacturing in the US
- Electrovaya has closed a loan of $50.8 million with the Export-Import Bank of the United States to expand its battery-manufacturing capabilities.
- The company plans to manufacture its Infinity lithium-ion ceramic cells in Jamestown, New York, creating approximately 250 jobs.
- The loan includes funds for lithium-ion cell manufacturing, module and battery pack manufacturing, as well as construction and engineering.
- Combining the EXIM loan with other sources of capital, Electrovaya now has over $80 million for its expansion in New York.
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Teslarati
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Tesla (TSLA) shares company-compiled Q1 2025 delivery consensus
- Tesla has released its Q1 2025 company-compiled delivery consensus, showing conservative vehicle delivery expectations for the quarter.
- Based on the consensus, analysts expect Tesla to deliver 377,592 vehicles in Q1 2025, including 351,893 Model 3/Model Y and 21,241 other models.
- For the entire year 2025, analysts predict total deliveries of 1,851,001 vehicles, with 1,693,397 units of Model 3/Model Y and 145,162 units of other models.
- FactSet estimates suggest Tesla will see vehicle deliveries of 407,900 units in Q1 2025, despite the Model Y's production transition challenges.
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Chargedevs
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Image Credit: Chargedevs
Hyundai to expand production capacity at its Georgia EV plant to 500,000 vehicles per year
- Hyundai plans to expand production capacity at its $7.6 billion EV factory in Georgia by two-thirds, increasing it to 500,000 vehicles per year.
- The company is currently producing Hyundai's Ioniq 5 and Ioniq 9 models at the factory, and around 1,200 people are employed at the plant.
- In addition to the expansion plans in Georgia, Hyundai also intends to build a $5.8 billion steel mill in Louisiana to produce auto parts for its assembly plants.
- Hyundai's investment in these manufacturing facilities highlights its commitment to stay, invest, and grow in the American market.
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Chargedevs
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Image Credit: Chargedevs
re/cell launches lithium-ion blocks using recycled cells from Tesla battery packs
- re/cell has launched lithium-ion blocks using recycled cells from Tesla battery packs.
- The lithium-ion blocks feature smart battery features such as LED fuel gauge, current detection, charge warning, and safety protection.
- re/cell has also released a reference battery architecture for heavy payload drones and unmanned aerial vehicles (UAVs).
- The company repurposes billions of lithium-ion cells from Tesla battery packs for the secondary battery market and can manufacture battery blocks with capacity ranging from 12 to 48 amp-hours.
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Kotaku
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Image Credit: Kotaku
Elon Musk’s Daughter Says He's Terrible At Overwatch
- Elon Musk's daughter, Vivian Wilson, revealed that he is a Bronze-ranked Torbjörn main in Overwatch.
- According to Wilson, Musk tried to get her and her twin to play ranked matches with him to carry him.
- She described Musk's skills in the game as 'fucking dogshit' and 'awful'.
- This revelation adds to the skepticism surrounding Musk's claims of being a pro-level gamer.
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Insider
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Image Credit: Insider
Tesla stock is tumbling again amid tariff fears and a weekend of protests
- Tesla stock dropped 7% on Monday after an analyst price target cut and a weekend of protests against the company.
- Wedbush said that US auto tariffs will force Tesla to raise its prices.
- In addition, Stifel cut its price target due to the Model Y rollout and growing anti-Musk sentiment.
- Tesla's stock price declined 7%, reaching $243.36, and is down 15% since last week's peak.
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Insideevs
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Trump 'Couldn't Care Less' About Price Hikes As Tariffs Threaten EV Boom
- President Trump's threat of 25% tariffs on non-U.S.-made cars and parts could disrupt the global auto industry and impact the move towards electrification.
- The tariffs could lead to higher car prices as automakers try to offset additional costs, affecting American consumers.
- Trump expressed indifference towards price hikes, stating that he prioritizes manufacturing cars in the U.S. to boost American-made car sales.
- The tariffs could increase prices for most vehicles by $4,000 to $10,000 and more for EVs, putting pressure on automakers and consumers.
- Even American automakers like Ford, GM, and Chrysler will be impacted by the price increases due to rising costs of parts.
- Mercedes-Benz faces potential losses from tariffs despite investing in U.S. manufacturing, with tariffs affecting around 14% of expected operating profit.
- Toyota struggles to meet hybrid demand, leading to supply shortages and months-long waits for car buyers in major markets.
- Shortages of components for hybrid powertrains, including magnets, are causing delays in hybrid production, highlighting supply chain challenges.
- The impact of potential tariffs on car-buying plans remains uncertain, with consumers contemplating immediate purchases or adopting a wait-and-see approach.
- The proposed tariffs could influence the trajectory of EV sales in America, prompting discussions on how consumers and the industry will adapt to the new trade environment.
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Insider
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Image Credit: Insider
17 Teslas destroyed following blaze at Rome dealership
- A fire broke out at a Tesla dealership in Rome, destroying 17 cars and damaging the building.
- No injuries were reported, and the cause of the fire is under investigation.
- Similar incidents of vandalism and protests have occurred against Tesla in the US and Europe in recent months.
- The backlash against the company's CEO, Elon Musk, and his political actions have sparked concern about brand damage and declining sales.
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Insideevs
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Image Credit: Insideevs
Chevy Equinox EV 20,000-Mile Review: Great Family Car, Buggy Software
- The Chevrolet Equinox EV is a value hero, offering great features at an affordable price.
- The owner describes it as a powerful and comfortable daily driver, making it a great family car.
- The car's storage space is plentiful, and the built-in route planner and one-pedal driving are highly praised.
- However, the charging performance and occasional software bugs are noted as areas for improvement.
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TechDigest
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Image Credit: TechDigest
Kia’s AI voice assistant now available for EV3
- Kia's AI voice assistant is now available for EV3 drivers in the latest OTA update.
- The update includes improvements to voice control, connectivity, entertainment, and navigation.
- Enhancements for EV3 models include climate control, volume control, and EV Route Planner improvements.
- EV3 owners gain access to exclusive features like Wi-Fi hotspot, entertainment packages, and YouTube integration.
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Insideevs
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Image Credit: Insideevs
Tesla Fire Destroys 17 Vehicles In Rome: What We Know So Far
- A blaze destroyed at least 17 Tesla vehicles in Rome.
- No personal injuries reported and investigation is ongoing.
- Possibility of vandalism being considered by local authorities.
- Similar incidents of fires and vandalism reported in Europe and the US.
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TechDigest
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Image Credit: TechDigest
Skoda revamps Enyaq EV with improved range of 365 miles
- Skoda has unveiled its updated Enyaq and Enyaq Coupé models, with improved aerodynamics and an enhanced range of up to 365 miles.
- The new Enyaq offers two battery sizes and three powertrain options, ranging from 204 PS to 286 PS.
- The models support high charging rates, with the larger battery charging from 10 to 80 percent in 28 minutes at DC fast-charging stations.
- The Enyaq models feature Skoda's latest infotainment system, improved voice control, and wireless smartphone integration.
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Evannex
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Image Credit: Evannex
Hyundai Just Opened a $7.6B EV Plant in Georgia
- Hyundai opened a $7.6 billion electric vehicle and battery plant in Georgia, USA.
- The facility will create over 8,500 jobs and produce 500,000 EVs per year once fully operational.
- By localizing production, Hyundai qualifies for full federal tax credits and avoids import-related tariffs and shipping expenses.
- The move is a strategic response to evolving policies and increasing demand for American-made EVs.
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