Electrek

Ford reported its fourth-quarter earnings Tuesday after the market, beating Q4 revenue and profit estimates. The automaker expects the momentum to continue in 2024 despite pulling back EV investments.

Chinese EV leader BYD is launching its new in-house smart driving tech next month. According to local reports, the advanced ADAS feature will roll out by the end of March.

A Chinese auto blogger on Weibo has posted spy images of what could very well be our first public look at XPeng’s new EV sedan, codenamed “F57,” and rumored to officially debut as the P8…. or P9. Camo’d images show a slim but roomy sedan with a unique rear that reportedly has LiDAR but perhaps won’t for now. Check it out below.

Toyota just announced a $1.3 billion investment in its Kentucky factory to build EVs, including its three-row electric SUV for the US market. 

Ferrari is testing a Tesla Model S Plaid ahead of launching its own first all-electric supercar, which should be coming in the next two years.

Headlining today’s best deals is a return of the Super73 RX Electric Motorbike to its all-time $3,000 low, along with the standard R model at $2,799. It is joined by a Renogy flash sale that is taking $300 off the Phoenix Elite Portable Solar Generator for $250, as well as one-day sale on Greenworks’ 60V 16-inch Cordless Electric Chainsaw at $196. 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.

The headline-grabbing EC230 Electric excavator from Volvo CE has officially begun work on a stud farm with Bouygues Travaux Publics Régions France. The job site is part of a larger project that aims to deliver on the promise of an emissions-free construction industry.

Kia plans to fight falling EV resale prices in Australia with a new guaranteed future value program. New electric models, including the EV6 and Kia EV9, will be part of the plan.

Designed to handle indoor demolition work in confined spaces, Husqvarna’s new DXR 95 electric demolition robot is small enough to fit in a standard work van, and tough enough to manage steep 30° inclines.

Car rental company Hertz (HTZ) missed Q4 earnings expectations, blaming “headwinds” with its EV fleet. Hertz believes reducing the number of EVs in its fleet will improve profitability.

Tesla has signed a deal with Choice Hotels International to bring chargers to thousands of additional hotels.

The US-China trade war heats up as the Biden administration has signaled a warning that electric vehicles from China could pose a “significant national security risk” in that the huge amount of data they collect could be sent to China.

Tesla has expanded its advertising effort and it is even now controversially starting to advertise on Elon Musk’s X.

The first all-electric Volvo EM90 officially rolled off the assembly line on Tuesday. Volvo’s EM90 is the brand’s first electric minivan, complete with a “Scandinavian living room” interior.

Two years after pivoting its business strategy toward the development of commercial EVs, Bollinger Motors has earned IRS approval for federal tax credits under the Inflation Reduction Act, offering fleet customers potential tax credits up to 40,000 per vehicle.

The EPA is currently finalizing new rules to limit truck emissions, and a group of manufacturers including Ford, Cummins, BorgWarner and Eaton has broken with the industry to support the upcoming “Phase 3” heavy duty emissions rules, while the rest of the industry, led by Volvo and Daimler, continues to lobby against them.

Some things are constant in the universe. Entropy always tends towards disorder. Taxes always come around. And any article I write about electric trikes invariably draws out all the armchair automotive engineers who chime in with the well-practiced “they should just put the two wheels in the front because it’s more stable!” comments.

Well here you go, everyone. The bicycle company Sixthreezero has done it. Meet the creatively named Sixthreezero Two Front Wheel Electric Bike.

Regulators hate them, saying all the popularity of massive, heavy SUVs runs counter to environmental targets. Paris even slapped some hefty fines on SUVs parking in the city. But European consumers are showing nothing but love for the SUV, in all shapes and sizes. In a new milestone, SUV sales took the market lead at 51%.

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.

Veteran autonomous delivery robot developer Starship Technologies announced it had raised an additional $90 million in funding to help expand its micro-logistics service to additional territories around the globe.

EV charging company EnviroSpark is installing National Electric Vehicle Infrastructure (NEVI) program DC fast chargers at Waffle House in Lakeland, Tennessee.

Rivian’s all-electric R1T pickup looks even better in neon green. The R1T is more than an electric truck. It’s an adventure vehicle built for “whatever you call a road.” Its latest venture will go where most wouldn’t dare, as the Rivian R1T will be used to charge up the mining industry.

Almost a year after compatibility was listed as pending; Lotus has confirmed Apple Car Key capabilities are on the way to new all-electric Emeya owners. Lotus now joins a select group of vehicles that allow drivers to perform several access functions from the Wallet of their iPhone or Apple Watch.

Kia is recalling just over 1,200 EV6 and Niro EVs over a faulty drive shaft that can result in a loss of power.