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Xiaomi’s new YU7 undercuts Tesla Model Y by $4,350 with 50 km more range

Xiaomi launched a new entry-level YU7 “Standard Edition” today priced at RMB 233,500 (~$32,400) — undercutting the Tesla Model Y by RMB 30,000 ($4,350) while delivering 643 km of range versus the Model Y’s 593 km.

CEO Lei Jun admitted onstage that the original YU7’s pricing was “not competitive enough” against Tesla, with only a RMB 10,000 (~$1,450) gap. The company also unveiled the 1,003-HP YU7 GT, which shattered the Nürburgring SUV record by 14 seconds.

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Interior Dept. decided on its $1B oil bribe to stop wind power before it had a reason

The Interior Department, which recently used $1 billion in taxpayer funds to bribe a foreign oil company into stopping development of cheap offshore wind in the US, had already decided on the deal before it had fabricated a legal justification for it, according to emails obtained by Congress.

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SpaceX S-1 reveals Tesla’s Terafab deal is far from done

Elon Musk spacex Tesla terab

SpaceX filed its S-1 with the SEC today ahead of its blockbuster IPO, and buried in the 308-page document is a sobering reality check on the Tesla (TSLA) collaborations that Elon Musk has been hyping for months.

The legal language in SpaceX’s own filing reveals that both Terafab and Macrohard — the two major joint projects between Tesla and SpaceX — are in “very early stages” with no financial terms, no intellectual property rights, and no binding commitments finalized.

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Yes, an EV really CAN power your home – if it’s one of these [update]

Can an EV really help power your home when the power goes out? It’s one of the biggest FAQs people have about electric cars — but the answer can be a bit confusing. It’s either a yes, with a but – or a no, with an unless. To find out which EVs can offer vehicle-to-home (V2H) tech to keep the lights on or even lower your energy bills, keep on reading.

UPDATE 20MAY2026: a new Volvo, and the return of ID.BUZZ!

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Electrifying your fleet isn’t just about going green – it’s about staying in business

The Oil Shock: Is It Time to Move to 100% Electric Yard Trucks?

In the world of business, there are two kinds of sustainability – sustainability in the sense that we need a planet to live and breathe on, and sustainability in the sense that the business needs to stay in business. For years, EV proponents have been talking about sustainability of the first kind, but Trump’s war with Iran is proving that going electric can help with sustainability of the second kind, too.

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Juiced Scrambler moto-style e-bikes + $245 launch bundles from $1,699, Lectric XPress2 e-bikes + $336 launch bundles $1,399, more

Our mid-week Green Deals are headlined by some very exciting deals from two of our favorite EV brands, with the first being Juiced Bikes’ rebirth, which is giving us launch deals on the Scrambler Moto-Style Hardtail + Full Suspension e-bikes with $245 FREE gear bundles starting from $1,699. Next, Lectric has launched its newest XPress2 Long-Range Cruiser + Commuter e-bikes with $336 FREE gear bundles at $1,399. From there, we have a 48-hour EcoFlow flash sale offering the 1,024Wh DELTA 3 Plus Portable Power Station with 2x 220W solar panels for an $899 low (alongside three other offers), as well as Baseus’ X1 Pro Dual-Tracking Wireless Outdoor Solar Security Camera – with or without a 32GB microSD card – at lows starting from $150, Jackery’s newest Explorer 1500 Ultra 1,536Wh power station back at its lowest price, a collection of Camplux 8kW to 27kW tankless electric water heater deals, and more waiting for you below. And don’t forget about the hangover deals at the bottom of the page, like yesterday’s exclusive $3,997 savings on the bundled 12,288Wh EcoFlow DELTA Pro Ultra X Power Station + Smart Home Panel 3 to a new low, and more.

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.

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Tesla can’t seem to figure out the power of its new cheap Model 3

Tesla Model 3 Canada acceleration change

Tesla has changed the 0-100 km/h acceleration spec on its new $39,490 CAD Model 3 Premium RWD in Canada for a second in less than three weeks. The car now lists a 6.2-second sprint — two full seconds slower than the 4.2 seconds Tesla advertised at launch on May 1.

The repeated spec changes on the Shanghai-built sedan — from 4.2s to 5.2s and now 6.2s — are raising legitimate consumer concerns.

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Tesla (TSLA) officially abandons India factory after years of broken promises

Tesla factory rendering

Tesla has officially confirmed it will not build a manufacturing facility in India, ending nearly a decade of negotiations, false starts, and broken promises with the Indian government.

India’s Minister of Heavy Industries H.D. Kumaraswamy confirmed the decision on May 19, putting a definitive end to one of the longest-running will-they-won’t-they sagas in the global EV industry.

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IEA: Global EV sales headed for another record year despite the early stumble

BYD-Denza-Z9-GT-EV-price

According to the International Energy Agency’s (IEA) new Global EV Outlook, electric car sales are expected to hit 23 million in 2026, making up nearly 30% of all new cars sold worldwide. That comes after EV sales topped 20 million in 2025, up 20% year over year, with 1 in 4 new cars sold globally now electric.

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