Peter Johnson is covering the auto industry’s step-by-step transformation to electric vehicles. He is an experienced investor, financial writer, and EV enthusiast. His enthusiasm for electric vehicles, primarily Tesla, is a significant reason he pursued a career in investments. If he isn’t telling you about his latest 10K findings, you can find him enjoying the outdoors or exercising. For questions or comments, you can email him at Peter@electrek.co. You can also follow him on Twitter @EVPeteJohnson.
Is Volkswagen launching an affordable EV? At a conference Wednesday, the automaker’s CEO, Oliver Blume, said an electric car priced around $22,000 (20,000 euros) is possible by the latter part of the decade.
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The first three-row Kia electric SUV is expected to hit dealerships in the next month or so. The all-new Kia EV9 already has its first lease deal, and it may be better than you expected.
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If you drive a company car for Mercedes, it may be time to trade in your E-Class for a new EQE. Mercedes-Benz is transitioning its company cars in Germany to purely electric vehicles.
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Volkswagen is moving ahead with plans to build electric vehicles in Mexico. Holger Nestler, president and CEO of Volkswagen Mexico, says the automaker will provide two investment packages to advance EV production.
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Hyundai’s luxury brand, Genesis, is launching a new “super-large” electric SUV that will be built at its new EV plant in Ulsan. The Genesis GV90 will be the first large electric SUV from the luxury brand.
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Global EV sales continued building momentum last month despite claims of a cooling market. Sales of electric vehicles grew by double digits in the top markets globally. China, the world’s largest EV market, continues to break sales records despite ending subsidies.
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California-based EV maker Rivian (RIVN) announced Monday it’s bringing on Carlo Materazzo as vice president of logistics. Materazzo comes to Rivian with over 20 years of auto experience as the EV maker continues ramping production.
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Plans to build one of Europe’s largest electric vehicle battery cell plants have fallen through. Ford’s partnership with LG Energy Solutions (LGES) and Koç Holding is scrapping plans to produce EV battery cells in the region, citing the “current pace of EV adoption.”
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Up-and-coming EV maker Rivian closed on a monumental land agreement last week for 1,800 acres to host its new mega site in Georgia. Construction can now begin on Rivian’s $5 billion facility, where its next-gen R2 electric vehicles will be made.
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China’s leading EV maker, BYD, is teasing a new electric SUV as part of its Ocean series. The BYD Sea Lion 07’s design was led by ex-Audi and Lamborghini chief designer Wolfgang Egger.
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Volvo officially released its first electric minivan this weekend, the EM90. Rather than just a means of getting from Point A to Point B, Volvo designed the EM90 to make you feel at home no matter where the road takes you.
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EV startup Rivian is racing past many rivals with its all-electric adventure vehicles. Yet, what many may not know is that the technology inside a Rivian is just as alluring as the design. Rivian is using software to gain an advantage over the competition.
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For the second time this week, Volkswagen is halting production of some of its most popular electric cars. VW extended its production pause to a second plant in Germany, impacting the ID.4 and ID.7.
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EV maker Canoo unveiled its latest model, the “American Bulldog” electric pickup truck on Friday. Canoo says its new electric truck is “woven into the American spirit” with grit and innovation.
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SAIC-GM, the company’s joint venture in China, announced a partnership with Tesla to gain access to its EV charging network. GM’s joint venture becomes the first domestic company to collaborate with Tesla in the region.
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Mercedes-Benz announced a new partnership with Buc-ee’s, known for operating the “world’s largest convenience store,” to expand its premium EV charging network.
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Based on Volkswagen’s MEB platform, Ford’s new electric crossover was spotted testing for the first time. The Ford Capri will be revived as the second EV born from the partnership.
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A Volkswagen electric vehicle under $35,000 in the US? That could be the case soon. Head of strategy at VW Group America, Reinhard Fischer, said the automaker aims to build an EV under $35,000 in the US or Mexico.
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Volkswagen’s EV production woes in Germany continue. Volkswagen announced it’s pausing EV production at its German plant due to a lack of electric motors.
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Swedish EV maker Polestar (PSNY) said it expects to hit the lower end of its 2023 delivery target on Wednesday. Despite the lower expectations, Polestar says new EV launches will drive up demand. Its first electric SUV coupe, the Polestar 4, begins production next week.
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As the EV price war heats up, Lexus is increasing the discounts. Lexus is offering up to $15,000 off 2023 RZ 450e leases, its biggest discount so far.
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Rivian has been one of the few EV makers (or automakers in general) to avoid cutting prices. That trend will likely continue. According to Rivian’s CEO, RJ Scaringe, new orders are driving up the average sales price (ASP) on its vehicles.
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It’s official. The next model from Chrysler will be a purely electric crossover in 2025. Chrysler CEO Christine Fuell confirmed the news of its first EV on Wednesday.
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The Hyundai Motor Group plans to build its own LFP batteries to support cheaper EV prices. Industry sources said the automaker is expected to introduce LFP batteries in Hyundai and Kia electric cars from 2025.
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