Electrek

Tesla (TSLA) confirmed that it is increasing its planned capital spending to $10 billion this year as it tries to achieve its next growth phase.

After a record EV sales year, BYD expects to rake in at least $4 billion in net income. BYD forecasts its profits rising at least 75% last year.

The US Department of Energy (DOE) just finalized stove energy efficiency standards to save consumers money and reduce emissions.

German-Swiss multinational equipment manufacturer Liebherr has has announced that deliveries of its first-ever electric compact wheel loader, the L 507 E, are about to begin.

A new Seal is slated to enter the EV race in Europe. BYD is launching its Seal U, an electric SUV version of the Seal sedan, to take on Volkswagen’s ID.4.

Starting off the week’s best deals is a 3-day 25% off promotional sale for a selection of 60V Greenworks tools that will continue through January 31. Its joined by the Segway SuperScooter GT1 that is receiving a return 50% discount to its Black Friday low of $1,500. There are also several ALLPOWERS power stations that are seeing deals, with the R600 BEIGE joining the lineup at $209. Plus, all of today’s other best new Green Deals.

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.

Seven months after kicking off production of its Class 3 electric trucks in Mississippi, EV startup Mullen Automotive has secured fruitful environmental compliance and approvals from CARB and the EPA. As a result, those CARB-compliant states and Washington DC enable tremendous savings to fleet operators who purchase electric trucks from Mullen.

French automaker Renault just canceled its planned IPO for its EV spinoff Ampere. While the IPO was scheduled for the first part of this year with an expected valuation of up to €10 billion ($10.47 billion), Renault says that market conditions aren’t optimal to make the move.

2023 was yet another pivotal year for EVs as the segment began to expand beyond early adopters and into the early majority. What should come as no surprise to most people is that American automaker Tesla dominated Google Trends search data for EVs last year. Still, gas and hybrid specialist Toyota remained the most searched auto brand, not by any specific state.

Although we expected to see two new entry-level Kia EVs roll out this year, it looks like it will only be one. According to local media reports, Kia is delaying its EV4 electric sedan until 2025

The port cartage and drayage specialists at Coyote Container successfully completed a 400-mile delivery in a Nikola Tre semi truck powered by a hydrogen fuel cell.

Tesla’s chairwoman, Robyn Denholm, has signed a new contract with the company to prepare to sell up to $50 million worth of TSLA stock.

Hyundai dealerships are modernizing as the brand looks to build upon its growth in the EV market this year. Hyundai’s IONIQ 5 is already a top seller at some dealers. With new electric models rolling out, like the three-row IONIQ 7 SUV, Hyundai has the “whole gamut covered.”

Canadian grocery chain Loblaw announced that its doubled the size of its fleet of zero-emission semi trucks by deploying 10 new, battery-electric Freightliner eCascadia Class 8 trucks in Vancouver.

Tesla is taking up a fight to defend Elon Musk’s tweet that threatened to remove employee stock options if they decide to unionize all the way to the Fifth Circuit court of appeal.

Two US environmental agencies say they will start using AI to better monitor the impact of offshore wind farms on marine animals, particularly endangered North American right whales, of which there are only about 360 left in the world.

Listen to a recap of the top stories of the day from Electrek. Quick Charge is available now on Apple Podcasts, Spotify, TuneIn and our RSS feed for Overcast and other podcast players.

Have you ever been in the mood to drive an electric bus, and then thought to yourself, “the only thing that could make this better is if the bus was shaped like a marsupial”? Yea, me neither. At least not until I stumbled upon this precious specimen of a koala bus.

Tesla has announced a new $500 million project to build a giant Dojo supercomputer cluster at Gigafactory New York in Bufallo.

If you want to try the all-electric Ford Mustang Mach-E before buying, you may be in luck. Ford dealers can now use the 2023 Ford Mustang Mach-E as part of its rental car programs.

Taos Ski Valley Resort in New Mexico wrote in an e-newsletter today that it has deployed the “first, fully electric snowcat in North America.”

If you’re looking to save money by transitioning to solar energy and ensure your home is prepared for grid outages and extreme weather, BLUETTI has you covered. BLUETTI, one of the most trusted names in energy storage solutions, has announced the exciting launch of the BLUETTI Solar+ Program for Texas homeowners. The program encompasses a wide range of flexible solar and battery home power solutions designed to not only slash your energy bills but also propel your home into an era of clean and resilient energy. What’s more, with BLUETTI’s Solar+ Program, you get a free battery with your solar setup – an incredible savings to start your solar journey.

On the Electrek Podcast, we discuss the most popular news in the world of sustainable transport and energy. In this week’s episode, we discuss next-gen Tesla vehicles coming in 2025, TSLA earnings, the Porsche Macan EV being unveiled, and more.

Today’s episode is sponsored by Upway, a leading online e-bike provider carrying the broadest selection of brand-new and certified pre-owned models.