Tesla (TSLA) might lose its license to sell cars in California amid false advertising lawsuit brought by the California DMV, which is looking to suspend Tesla’s right to sell cars in the US’ biggest EV market for 30 days.
Another luxury automaker is offering over $15,000 in discounts on its newest EV models. However, you may have a hard time getting your hands on one of them.
An electric vehicle powered by semi-solid state batteries for around $11,000? Sounds like a game changer. This Chinese automaker claims to be launching the first mass-market EV sold globally with new semi-solid state batteries.
Inmotion has unveiled its latest high-performance electric scooter, the Jet, and it’s shaping up to be a serious contender for riders who want both speed and commuter utility in one package. With a top speed of 50 mph (80 km/h) and dual 1,200W motors peaking at 2,300W, the Jet is one of the highest-performance electric scooters available in the ~$2k price range.
That high-end luxury vehicles that trade on being new and shiny take massive depreciation hits as soon as they roll off the lot is a lasting truth in the car business. At least one VW buyer is finding that out the hard way, having just watched their 1st Edition 4Motion ID.Buzz sell at auction for more than $11,000 under MSRP with just 398 miles on it.
At least.
Vietnam is taking bold steps to clean up its streets – and quiet them down. Starting next summer, the major downtown areas of Hanoi will ban all gasoline-powered motorcycles as part of a program to cut down on emissions.
French equipment manufacturer Manitou has committed to a joint venture with Chinese forklift manufacturer Hangcha that will see the two companies develop and manufacture advanced lithium-ion batteries to support the electrification of the heavy material handler space.
New car buyers like to talk about the latest tech and resale value, but most people don’t buy new cars. The used car market is 3x bigger than new, and if you’re content to let the last guy take that big depreciation hit by scoring a great deal on a reliable, low-mile used car you could save thousands on your next EV.
The Fiat Topolino Vilebrequin is a new beach town cruiser that captures the elegance, glamour, and relaxed vibe of the French Riviera. More significantly, the updated EV also heralds Stellantis’ plans to double EV production at its Kenitra Assembly Plant in Morocco.
Electric bikes are a menace. They go almost as fast as a car (if the car is parking), they’re whisper quiet (which makes them impossible to hear over the podcast playing in your headphones), and worst of all, they’re increasingly ridden by teenagers.