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Tesla began construction of the Shanghai Megafactory on May 23, 2024, its first energy storage project outside of the US. The Megafactory will begin capacity ramp-up in the first quarter and is expected to help Tesla improve its supply of energy storage products. (Image credit: Tesla China) Tesla’s (NASDAQ: TSLA) Megafactory in Shanghai, which produces energy storage products, officially went into production today, with a ceremony taking place in the Lingang new area where the factory is located, according to local media outlet The Paper. Construction of the factory began in May 2025, and products rolled off the assembly line…
Academic journal Nature published a paper outlining the gaps in America’s public charging infrastructure down to the state and county levels. The study says that Tesla can help slash millions in federal funding for building EV chargers by making its network access universal. Tesla has the largest and the most reliable charging network in the U.S. It is gradually opening access to its Superchargers for non-Tesla EVs. The electric vehicle charging infrastructure in the U.S. is growing, but charging deserts continue to exist, especially in the rural heartland of America and non-coastal states. A study published in the academic journal…
Last week’s U.S. Department of Transportation (DOT) announcement placing a freeze on the federal government’s EV charging infrastructure program has already prompted responses from a range of industry interests—including at least one that counts automakers among its membership. In a statement first reported by Reuters, the Electric Drive Transportation Association (EDTA) asked the Trump administration to restore the National Electric Vehicle Infrastructure (NEVI) program, which the organization called “an effective and important element of a truly strategic energy policy that promotes U.S. innovation, domestic investment, and energy security.” The EDTA counts six automakers among its members. Ford, General Motors, Mitsubishi,…
Tesla is offering a RMB 8,000 ($1,100) insurance subsidy for the Model 3. Local EV makers are likely to follow as the market enters the slow season. (A Tesla Model 3 on display at the June 2024 new energy vehicle show in Shanghai. Image credit: CnEVPost) Tesla (NASDAQ: TSLA) fired the first shot in the Chinese auto market price war on the first working of the Year of the Snake in the Chinese lunar calendar. The US electric vehicle (EV) maker announced today that it is offering an insurance subsidy of RMB 8,000 ($1,100) for all variants of the Model…
On today’s episode of Quick Charge, we look at a group of $TSLA shareholders on Reddit who want Elon Musk fired as CEO of Tesla – and they’re using his own public words against him. Plus the new Model Y arrives in US showrooms and FSD users can get a break on insurance. Plus the Volvo EX30 is ready to drive home today, the Lucid Gravity is taking off, we’ve got VW ID.4 pricing for 2025, and we’ve officially hit a major solar energy milestone five years ahead of schedule. Source Links Prefer listening to your podcasts? Audio-only versions of Quick Charge are…
The concept of an “exhaust system” for an electric vehicle isn’t a new idea. Up until now, giving an electric car an exhaust meant outfitting it with a speaker to pump out tailpipe noises reminiscent to a gas-powered counterpart (looking at you, Dodge Charger Daytona). But what if we told you that one car company found an entirely different use for one? It turns out that Stellantis has found a far less controversial use for an EV exhaust. It’s not about style or sound, either—instead, it’s focusing entirely on safety. Now, I know what you’re thinking: How can an exhaust…
Ferrari will move forward with its EV plans in 2025 despite the electrification contraction at many low-volume luxury automakers. The first electric Ferrari is set to debut on Oct. 9. Ferrari CEO Benedetto Vigna confirmed the date of the automaker’s first EV date during its Q4 and 2024 earnings results on Tuesday. Vigna called the upcoming EV the elettrica, which is Italian for electric. Elettrica is not expected to be the EV’s name. The EV will be one of six new Ferraris set to arrive in 2025, some of which might be electrified. Ferrari revealed during the sales recap that…
On Wednesday evening’s fourth-quarter 2024 earnings call, Tesla investors wanted to hear CEO Elon Musk’s plans for more affordable electric vehicles, how he’ll balance his role in the White House with running his company and whether he feels his public persona is hurting the brand. They didn’t really get any of that. What investors and analysts did get was more promises about robotaxis, artificial intelligence, robotaxi services and autonomy, much as they’ve heard for more than a decade now—except arguably bolder than ever. Musk and his team confirmed that Tesla plans to launch a robotaxi service in Austin this summer,…
Secretary of Transportation Sean Duffy has ordered NHTSA to reconsider fuel economy standards DOT says higher fuel economy standards will lead to higher prices and therefore an older, less-safe fleet Previous Trump agencies said higher mpg brought cost reductions and safety improvements The Trump administration is wasting no time in attempting to roll back federal emissions standards, but it appears to be working against some of its own previous decisions in the process—even those made by the previous Trump administration. On Tuesday night, shortly after his confirmation, new Secretary of Transportation Sean Duffy sent a letter to the NHTSA directing…
The facelifted Model Y has been better accepted than the facelifted Model 3 in China, according to local media. Show cars of the facelifted Model Y have been gradually shipped to Tesla’s showrooms in China. (An image of the facelifted Model Y shared by Tesla’s vice president of external affairs Grace Tao on Weibo.) Tesla’s (NASDAQ: TSLA) facelifted Model Y has been better accepted than the facelifted Model 3 after its launch in China, with orders exceeding 70,000 units in the first five days after its launch, local media outlet Yicai said in a January 25 report, citing an insider.…