Ford launches Ford Energy subsidiary to build 20 GWh of battery storage annually
Ford has officially unveiled Ford Energy, a wholly owned subsidiary that will manufacture and sell U.S.-assembled battery energy storage systems (BESS) for utilities, data centers, and large industrial customers. The new unit plans to produce 20 GWh of energy storage annually from its Kentucky gigafactory.
The move formalizes what has been months in the making — Ford’s pivot from struggling EV battery overcapacity to the booming grid-scale energy storage market, where demand is surging thanks to AI data centers and renewable energy buildout.
Duracell taps Driivz to power its new EV fast charger network
Duracell is getting into EV charging in the UK, and it’s partnering with EV charging software company Driivz to help run the network.
This electric semi truck will drive ‘around the world in 80 charges’
A German Youtuber who focuses on electric trucking content will drive a Mercedes-Benz eActros around the world, becoming the first to circumnavigate the globe in a heavy duty electric truck.
Velotric GoMad smart utility e-bike bundle deals from $2,125, Anker SOLIX 3,840Wh F3800 power station $1,709 low, EcoFlow, more
Our Monday Green Deals are seeing some surprise discounts mixed in, starting with the Velotric GoMad Fat Tire Utility e-bike that is getting its first deals in the form of two varying passenger bundle options starting from $2,125. We are also shining a spotlight on Anker’s SOLIX F3800 series power station deals that were eclipsed by the new E10 Backup System lows from Friday, like the 3,840Wh F3800 Portable Power Station at its $1,709 low, thanks to our exclusive bonus savings code. We also have the latest EcoFlow 48-hour flash sale on an expanded 4,096Wh DELTA 2 Max bundle alongside the 3,600Wh DELTA Pro power station, as well as new low prices on three EGO Power+ Multi-Head Combo bundles with two attachments, and more waiting for you below. And don’t forget about the hangover deals from last week at the bottom of the page, rounded up together within our latest edition of Electrified Weekly.
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.
Former long-time Tesla CFO Deepak Ahuja joins JB Straubel’s Redwood Materials
Deepak Ahuja, who served as Tesla’s chief financial officer for 11 years across two separate stints, is joining Redwood Materials as CFO. The move reunites him with Tesla co-founder and former CTO JB Straubel.
The hire comes at a pivotal moment for Redwood, which recently laid off 10% of its workforce and lost several senior executives as it restructures around a fast-growing energy storage business.
This electric SUV with a semi-solid-state EV batttery costs under $15,000 in China
SAIC opened pre-orders in China for the new MG 4X, an electric SUV with a semi-solid-state EV battery, priced under $15,000. The new battery tech is set to launch in Europe by the end of 2026.
XPeng (XPEV) reveals Mona L03 SUV with 650 km range for ~$20,500
XPeng (XPEV) is expanding its hit Mona budget EV lineup with the L03, the sub-brand’s first SUV, which surfaced in Chinese regulatory filings with up to 650 km of CLTC range, a 183 kW motor, and LFP battery options up to 69 kWh.
Chinese automotive media reports indicate the Mona L03 will start at approximately 150,000 yuan (~$20,500), making it one of the most aggressively priced electric SUVs on the market. XPeng also filed for two additional SUVs — the larger Mona L05 and flagship G9L — signaling a massive product offensive for the second half of 2026.
Tesla China retail sales fall 10% in April despite reports of 36% surge
Tesla’s actual retail sales in China fell 10% year-over-year in April to just 25,956 vehicles, according to new data from the China Passenger Car Association (CPCA) — despite widespread reports last week that Tesla’s China sales had surged 36%.
The discrepancy is the same one we’ve been flagging for months: the 36% figure is based on wholesale numbers from Giga Shanghai, which include exports. The retail figure, which reflects what Chinese consumers actually bought, tells a very different story.