After cutting lease prices by $200 this month, the Rivian R1S is now surprisingly affordable. It may even be a better deal than the new Tesla Model Y.
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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.
After cutting lease prices by $200 this month, the Rivian R1S is now surprisingly affordable. It may even be a better deal than the new Tesla Model Y.
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Hyundai Motor Group, including Kia, doesn’t expect to launch solid-state EV batteries until 2030, at the earliest. The company said there’s “a lot of uncertainty” around the promising new battery tech. With others, including Mercedes-Benz, Toyota, Stellantis, Honda, and Chinese battery giants CATL and BYD, who will be the first to get the “holy grail” of battery tech on the market?
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Volkswagen’s electric SUV is making a comeback. Last month, the Volkswagen ID.4 topped Tesla’s Model Y to become the best-selling EV in Europe, and it was even in the top three in the US.
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Polestar (PSNY) secured another $450 million in fresh funding as the EV maker aims for profitability this year. With three electric vehicles and a fourth on the way, Polestar expects 2025 to be its biggest yet.
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After recent price cuts, Volkswagen’s electric ID.4 now starts at under $20,000 in China. Volkswagen looks to keep up in China’s “fierce price war,” but will it be enough? BYD and other Chinese EV makers are moving quickly.
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After an oil change, a woman found a racial slur printed on the sticker inside her SUV. Now, she’s getting a free electric vehicle. Family Nissan, a dealership nearly 900 miles away, is gifting her a free LEAF EV, saying she won’t need an oil change ever again. The electric car was specifically chosen so the shocking incident doesn’t happen again.
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Japanese oil giant, Idemitsu Kosan, is building a new large-scale lithium sulfide plant that will supply the raw material for Toyota’s upcoming all-solid-state EV batteries.
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Xiaomi’s first electric vehicle, the SU7, took the market by storm, securing nearly 250,000 orders in just nine months. Today, the company launched a new flagship variant with over 1,500 hp, starting at under $75,000. Meet the Xiaomi SU7 Ultra.
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A nearly $50,000 electric SUV for just $99 a month? If that sounds too good to be true, it’s because it kind of is. One Honda dealer is promoting a Prologue lease offer for just $99 for 24 months, but you may have a hard time getting your hands on one.
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Lucid (LCID) CEO Peter Rawlinson is passing the baton just as the EV maker enters a critical growth phase. After over a decade at the helm, Rawlinson said it’s the right time to step aside. Following the sudden announcement, Lucid’s stock fell over 12% on Wednesday. Despite this, Lucid expects 2025 will still be one of its biggest so far.
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Volvo is raising the bar with its new fully electric ES90. It’s the fastest-charging Volvo yet, and with up to 435 miles (700 km) range, it can also drive further than ever. Volvo calls it “one of the most technically advanced cars,” EV or gas-powered on the market.
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EV startup Lucid Motors (LCID) released its fourth-quarter earnings on Tuesday, beating estimates with big expectations for 2025. Lucid said it expects to produce about 20,000 EVs this year with the output of its first electric SUV, the Gravity, ramping up.
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Ram Trucks introduced the 2026 Ramcharger pickup this week, its first range-extender electric vehicle (REEV). CEO Tim Kuniskis claims it’s “the ultimate electric truck” with up to 690 miles of range and can tow up to 14,000 lbs. Meanwhile, Ram continues to put its fully electric pickup, the Ram 1500 REV, on the back burner.
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Li Auto’s (NASDAQ: LI) stock climbed nearly 15% on Tuesday after the company revealed the first images of its new electric SUV, the Li i8. The i8 is Li Auto’s first electric SUV, and it’s expected to be a true threat in the world’s largest EV market.
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Toyota is about to launch its next all-electric vehicle, and it already looks like an upgrade from its current lineup. With a “sleek and stylish design,” the new EV is part of Toyota’s plan to attract more buyers. Here’s our first look at what’s coming.
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The Volkswagen ID.4 was the third best-selling EV in the US last month, trailing only the Tesla Model Y and Model 3. Volkswagen’s electric SUV made a comeback after sales surged over 650% in January.
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Rivian (RIVN) shares hit a new yearly low on Monday, dropping nearly 10%. Despite achieving its first gross profit in Q4, Rivian’s stock is taking a beating due to mixed analyst opinions. Here’s what they’re saying.
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The race for the “holy grail” of EV batteries is heating up. Mercedes-Benz is testing the world’s first production EV with a solid-state battery, promising to deliver over 621 miles of driving range.
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BMW is preparing for a “technological quantum leap ” with its next-gen EV batteries. The German automaker claims its new tech will deliver 30% more driving range, 30% faster charging, and perhaps, most importantly, at a cheaper price.
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BYD wants to attract a new generation of drivers with its new Qin L EV. The midsize electric sedan is aimed at younger buyers as the world’s largest EV maker expands into new markets. BYD dropped a teaser on Monday, giving us our first look at the new EV. Check it out below.
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Ford is offering big savings opportunities right now on its electric vehicles. The Ford Mustang Mach-E can be leased for less than a Toyota Camry in some places despite costing over $10,000 more. Here’s how you can snag some savings.
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Genesis is preparing to launch its flagship electric SUV, the GV90. It will be the largest, most luxurious Genesis vehicle yet, loaded with advanced tech, premium features, and Genesis’ signature design. The Genesis GV90 will even feature Rolls Royce-like coach doors, which were spotted for the first time in public on a production model. Check it out below.
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Jeep is reconsidering plans to launch an electric Compass in North America. The next-gen Jeep Compass is officially on pause after Stellantis temporarily halted operations at its Brampton Assembly Plant, where the current SUV is built, to take a closer look at its strategy in North America.
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Rivian issued a recall for over 17,000 vehicles on Friday due to a headlight issue that only occurs in cold weather. The recall impacts certain 2025 R1S SUV and R1T electric pickup models. Luckily, it should be an easy fix.
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