China EV sales in W3 2024: BYD 40,400, Tesla 11,700, Zeekr 2,800, Nio 1,900

Report: $25,000 Tesla EV set for 2025 production

Tesla badge, on Model 3Tesla’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...

Hyundai’s active air skirt tech could boost range in EVs

Genesis GV60 with Active Air SkirtHyundai 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...

Toyota exec says EVs won’t top 30%, wants new engines

Akio ToyodaThe chairman of Toyota is most definitely not all-in on EVs—or the idea that they might even be a third of the market, perhaps ever. In comments published Tuesday in Toyota’s own Toyota Times corporate newsletter, from an event earlier this month, the CEO said that he does not see battery electric vehicles reaching more than 30% of the...