Electrek

Leo KoGuan has invested more money into Tesla than anyone in the world, yet he can’t even get his concerns heard by the company’s board. The shareholder is frustrated with some of the CEO’s recent controversies, but with the board MIA, there’s no way to rein him in.

Ford has been looking to build the first LFP battery facility in the US, boosting domestic production. But it has been leaning on Chinese tech from CATL to make that happen, and Republican lawmakers have criticized the project. Now they’ve asked the Biden administration to investigate four Chinese companies involved in the plant.

Although Toyota held its title as the top-selling automaker, the industry is shifting beneath it. Toyota sold over 100,000 EVs in 2023, but that’s still less than 1% of the record 11.2 million vehicles handed over last year.

Despite a truly terrible year for GM that involved plants being shut down for weeks due to a union strike, Bolt battery recalls, EV production problems, and the nightmare that keeps on giving that is Cruise, General Motors says it should tally up nearly $10 billion for 2023 – but we certainly don’t owe that to stellar EV sales.

California hit a new record last year with 21.4% of new cars being all-electric, and once again Tesla led the pack with the two best-selling cars in the state, the Tesla Model Y and Tesla Model 3. But Toyota narrowly maintained its leadership as the top-selling brand in the state, with Tesla nipping at its heels.

Ford Pro will collaborate with global sustainability leaders Ecolab to speed up the electrification of its vehicle fleet, with a goal of transitioning to a 100% fully electric commercial fleet by 2030.

EV drivers looking to get behind the wheel of their new Volvo all-electric SUV EX30 may have to wait a bit longer as Volvo works to resolve some software glitches before delivery – the second time a Volvo EV launch has been delayed due to software.

After several recent international expansion announcements, Gogoro unveiled its latest electric scooter today. The new model, known as the Gogoro Pulse, relies on the company’s existing swappable battery standard yet ushers in a technological revolution as Gogoro’s highest-performance electric scooter yet.

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.

Octopus Electric Vehicles just launched DriveFree, a used EV leasing program, and it comes with unlimited free home charging.

Quick acceleration is often used as a selling point for high-performance cars, but can it actually be safer? The instant acceleration of an EV not only offers a more nimble driving experience but it should be a safety feature argues Stellantis CEO Carlos Tavares.

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.”