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CATL stock slips as EV battery giant hints at first annual revenue decline in 2024
The world’s largest EV battery maker warned that it expects to report less revenue in 2024 than the previous year, sending share prices down on Wednesday. CATL (SHE: 300750) stock dipped after its 2024 Annual Performance Forecast was released. Here’s a preview of CATL’s financials for last year.
Expand Expanding CloseSustainable luxury down below: U-Boat Worx (finally) launches its revamped electric ‘Super Sub’
Electric submersible specialist U-Boat Worx has unveiled bonafide images of its flagship electric “Super Sub.” The revamped model, designed to provide customers luxury, speed, and depth at sea, has officially been launched and is available to interested marine explorers.
Expand Expanding ClosePolestar sees Elon’s antics as an opportunity to steal sales from Tesla
Polestar CEO Michael Lohscheller sees Elon Musk’s politics as an opportunity to steal sales from Tesla as many owners are looking at other electric vehicles.
Expand Expanding CloseGM is recalling the Chevy Equinox EV again, but it should be an easy fix this time
Chevy’s electric SUV is getting recalled again due to a defect with the adaptive cruise control. GM issued the recall on Wednesday, impacting nearly 3,000 Chevy Equinox EV AWD models. Here’s how they plan to fix it.
Expand Expanding CloseTrump’s first day, Hyundai lease deals, and Volvo’s EVs arrive in the US
On today’s episode of Quick Charge, President Trump has a wild first day in office, but it’s not ALL bad, either. Plus: Tesla gets diner integration, Hyundai keeps the deal train rolling, and it’s dad’s 80th birthday.
Expand Expanding CloseRivian is offering up to $6,000 to upgrade your R1S or R1T
Thinking about upgrading your EV? Rivian (RIVN) launched a new promo on Tuesday, offering up to $6,000 to upgrade your R1S or R1T. Here’s how you can snag some savings.
Expand Expanding CloseHyundai IONIQ 5 and IONIQ 9 lose the $7,500 EV tax credit: Here’s how you can still get it
In a sudden reversal, Hyundai’s new IONIQ 5 and IONIQ 9 EVs no longer qualify for the $7,500 US tax credit. Although this is a major blow to one of the top-selling EV brands in the US, there is still a way you can get the credit. Here’s how.
Expand Expanding CloseTesla points to diner integration in app, insurance discount with Full Self-Driving, and more
Tesla update points to the automaker’s upcoming diner in Los Angeles being integrated into its app, insurance discount for using (Supervised) Full Self-Driving, and more.
Expand Expanding CloseHiboy winter sale takes 50% off EVs from $200, Rad Power RadWagon 4 cargo e-bike $1,499, EcoFlow DELTA 2 $449, Greenworks, more
Today’s Green Deals are headlined by Hiboy’s latest winter sale with up to 50% being taken off its EV lineup, like the popular S2 Pro Electric Scooter that is down at $450, among others. Close behind is Rad Power’s switched-up sale that is still offering extra battery discounts, accessory packages on its newest models, and continued discounts like on the RadWagon 4 Cargo e-bike that is down at $1,499. We also spotted EcoFlow’s DELTA 2 Portable Power Station skidding lower than the brand’s ongoing New Year sale’s pricing, with it down at $449 for an unknown time. At the end of things we have a 1-day discount on Greenworks’ 80V 22-inch Cordless Electric Snow Blower with a 4.0Ah battery at 50% off for $400 – and even an additional discount on a secondary 4.0Ah battery that can fit right into the snow blower’s additional slot. Plus, all the other hangover Green Deals are in the links at the bottom of the page, like yesterday’s 5-day Jackery sale with select low power station pricing, Velotric’s Go 1 Utility e-bike hitting $999, and more.
Head below for other New Green Deals we’ve found today and, of course, Electrek’s best EV buying and leasing deals. Also, check out the new Electrek Tesla Shop for the best deals on Tesla accessories.
Expand Expanding CloseThe entire Dallas Cowboys team all just got the same electric motorcycles
There’s riding in style, and then there’s over 80 Dallas Cowboys all cruising around on the same electric motorcycles. Thanks to a generous gift from team quarterback Dak Prescott, that’s exactly what the football team will be doing on over 80 new CAKE Makka electric mopeds.
Expand Expanding CloseChina installed a record capacity of solar and wind in 2024 – in numbers
China saw monumental solar and wind growth in 2024, according to data released today by its National Energy Administration (NEA).
Expand Expanding CloseVolvo’s new 2025 EX30 and EX90 electric SUVs arrive in the US: Here’s how much they cost
Volvo’s cheapest and first three-row electric SUVs are finally here. After much anticipation, Volvo revealed US prices for the new 2025 EX30 and EX90 EV models on Tuesday. Here’s how much you can snag one for.
Expand Expanding CloseTrump attacks EVs with executive orders, but mostly signals further damages
President Trump has already attacked electric vehicles with executive orders on his first day, but he is mostly signaling upcoming attacks on EVs that would further damage the environment.
Expand Expanding CloseThe world’s largest EV battery maker predicts another big move in Europe in 2025
CATL held a commanding lead in the EV battery market last year, accounting for over a third of global usage. The world’s largest EV battery maker expects to announce another big partnership for a new EV plant in Europe by the end of 2025. The new facility will be separate from the one announced last month with Stellantis. Here’s what we know so far.
Expand Expanding CloseSouthern Company announces 6 month, grid-enhancing EV fleet pilot
On today’s episode of Quick Charge, Southern Company’s Tom Canada talks us through the utility’s new, six-month pilot program that aims to overcome some of the perceived barriers to EV adoption by demonstrating the transformative potential of EV adoption in commercial fleets.
Expand Expanding CloseHyundai launches new Creta Electric SUV in India, starting at just $20,000: Meet the new EV
Hyundai officially launched its newest electric vehicle, the Creta Electric, in India. It starts at just over $20,000 and has a range of nearly 300 miles. The Creta EV is Hyundai’s first electric SUV made in the country. Here’s a look at the new model.
Expand Expanding CloseBYD claims its new Denza Z9 GT is the fastest luxury NEV to reach 10,000 deliveries
BYD claims its sleek new Denza Z9 GT became the “fastest new energy luxury car” to reach 10,000 deliveries. The luxury model sold for about $52,000 on average and is headed to Europe next to challenge Porsche and BMW.
Expand Expanding CloseSave 47% during short-term Jackery sale from $329, Velotric Go 1 Utility e-bike at $999 low, 1-day Anker SOLIX discount, more
Our Green Deals coverage this week kicks off with a short-term sale through Friday from Jackery which is seeing its Explorer 2000 v2 Portable Power Station drop to its $999 low, among other savings. Velotric has provided a second chance to hop aboard its well-rounded Go 1 Utility e-bike for a $999 low, with some notable discounts/bundle offers on other popular models. We also spotted a discount for today only on Anker’s SOLIX F3800 Portable Power Station that is taking costs to $2,449 alongside its expansion battery also seeing a one-day-only fall to $1,799. Lastly, Goal Zero’s Alta 50 Portable Fridge/Freezer is down at $550, with its larger counterpart sitting at its second-lowest rate. Plus, all the other hangover Green Deals are in the links at the bottom of the page, collected together in our Electrified Weekly roundup – and don’t miss out on the Lectric and Rad Power flash sales that are ending tonight!
Head below for other New Green Deals we’ve found today and, of course, Electrek’s best EV buying and leasing deals. Also, check out the new Electrek Tesla Shop for the best deals on Tesla accessories.
Expand Expanding CloseTroubled off-road electric motorbike maker enters receivership
The Tauranga, New Zealand-based electric motorcycle maker UBCO has entered receivership, marking dim prospects for the mobility company that had only recently announced a major partnership with Australia Post.
Expand Expanding CloseCheck out Kia’s upgraded EV6 GT, spotted in the US for the first time in matte blue [Video]
Kia’s fastest car (EV or gas) is getting a major upgrade. The new Kia EV6 GT was spotted in the US for the first time, and it looks like a drastic improvement from the already sporty EV. Check out Kia’s new EV6 GT in matte blue.
Expand Expanding CloseTesla Cybercab spotted with steering wheel raises questions
A Tesla Cybercab, or Robotaxi, Tesla has been using the names alternatively, has been spotted with a steering wheel – raising questions.
Expand Expanding CloseBYD is about to open another massive EV plant overseas with 150,000 vehicle capacity
The world’s largest electric vehicle maker is becoming a force in the global auto market. BYD confirmed it’s on track to open another massive EV plant overseas by the end of 2025. The new facility in Indonesia will be able to produce 150,000 vehicles a year as BYD expands its overseas manufacturing footprint.
Expand Expanding CloseThe real problem with high-power electric bikes on mountain bike trails
As electric trail bikes like Sur Rons and Talarias gain popularity among off-road enthusiasts, a growing conflict is emerging on mountain bike trails. These powerful machines, capable of speeds and torque far beyond that of a traditional mountain bike, are raising concerns among trail users, land managers, and environmental advocates.
Expand Expanding CloseHere are 8 tips for the best EV winter range and performance
Whether you’re a seasoned EV driver in cold climates or this is your first winter driving an electric vehicle, there’s always more to learn about how to get the best range and performance from your EV when the temperatures drop.
Electrek asked two experts for smart winter EV driving advice. This is what Richard Reina, product training director at CARiD.com, and Casey Donahue, CEO of Optiwatt, a residential managed charging platform in North America, had to say.
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