Xiaomi SU7 Ultra sells 10,000 units in two hours, reaching annual sales target. To debut in Europe on March 3

2025 Ford E-Transit electric van aims for electricians

2025 Ford E-TransitThe 2025 Ford E-Transit—an all-electric version of the automaker's Transit van—receives some new options while holding steady on pricing. An E-Transit cargo van costs $51,000 before destination—about the same as a 2024 model. Ford also offers chassis cab and cutaway versions priced at $46,200 and $45,700 before destination...

2025 Volvo EX90 EV gets $10,000 discount for Costco members

2025 Volvo EX90Costco members who lease a 2025 Volvo EX90 electric SUV can now take advantage of the biggest discount offered by the retailer's auto program. Fellow Internet Brands site CarsDirect found a potential $10,000 in savings for Costco members who are also current Volvo customers, and are planning to lease a new EX90 between now and Apr. 30. This starts...

Polestar secures $450M loan as new-model rollout continues

2025 Polestar 2Polestar on Friday announced additional funding as the automaker looks to continue building out its lineup of electric vehicles. In a press release, Polestar said it had secured a 12-month loan facility of up to $450 million, following an $800 million 12-month facility locked in by the automaker in December. Polestar is also renewing a European...