Mercedes is already heavily discounting its 2025 EVs
Mercedes-Benz had a rough EV sales year in 2024 in the US, so it’s hitting the reset button this year. To lure buyers back in, the automaker is already rolling out sweet discounts on its 2025 EVs.
Here’s our first look at Volkswagen’s cheapest EV, with prices starting at about $20,000
We are finally getting a look at Volkswagen’s answer to BYD and other low-cost Chinese electric cars. Volkswagen previewed its cheapest EV for the first time on Wednesday. It will kick off a new series of entry-level electric vehicles, with starting prices at €20,000, or just over $20,000.
Ford beat Q4 2024 earnings expectations, but its EV losses continue to pile up
Ford (NYSE: F) released its fourth-quarter earnings report after the market closed on Wednesday, beating top and bottom line forecasts. Although its Model e electric vehicle business lost another $5.1 billion last year, CEO Jim Farley promises, “Ford is becoming a fundamentally stronger company.” Here’s a breakdown of Ford’s Q4 2024 earnings.
Audi quietly dropped an extreme overland Q6 e-tron — and we are here for it
The overlanding trend may be played out, but no one told Audi — and they absolutely knocked it out of the park with this extreme off-road Q6 e-tron concept featuring genuine, high-clearance portal axles. (!?)
These EV deals are hard to pass up with leases under $300 a month in February
After a record-breaking year for electric vehicles, automakers are kicking off 2025 with significant discounts. With leases starting under $300 a month, these are some of the best EV deals to take advantage of this February.
Lectric Valentine’s Day sale offers up to $654 in e-bike bundles from $999, Bluetti power station flash sale lows, EGO Power+, more
Today’s Green Deals are headlined by Lectric’s Valentine’s Day sale that is running through February 15 with up to $654 bundles accompanying the lineup of e-bikes, as well as a separate 40% discount on its pet trailer. The focus of this sale is on the brand’s XP 3.0 e-bikes that are getting passenger packages to take your loved ones along for the ride, starting from $999. There’s also a Bluetti flash sale on six backup power solutions, with the latest Handsfree Backpack Power Stations hitting new low prices from $199. We also spotted the EGO Power+ 56V 15-inch Split-Shaft Cordless Electric String Trimmer with a rapid-reload head down at $159. Plus, all the other hangover Green Deals are in the links at the bottom of the page, like yesterday’s Blix Valentine’s sale offers, the returning low price on Jackery’s Explorer 100 Plus, 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.
Elon Musk poached Tesla engineer for DOGE to the joy of lawyers suing him for resource tunneling
Elon Musk has poached a long-time Tesla engineer to help with his work at the Department of Government Efficiency (DOGE).
The Tesla CEO appears to feel invincible right now because he did that while he and Tesla’s board are being sued for breach of fiduciary duties and resource tunneling.
Tesla sales dropped 60% in Germany
Tesla’s sales have dropped nearly 60% in January in Germany compared to the same period last year. The same thing is happening throughout Europe.
Clean energy companies are blitzing Capitol Hill to save IRA tax credits
A coalition of clean energy groups – representing over 2,000 companies and hundreds of billions in private investment – is holding more than 100 meetings today with bipartisan members of Congress to underscore the critical role of IRA clean energy tax credits.
Toyota’s first EV battery plant in the US is ready for business, but there’s more
The world’s largest automaker wants to catch up in the global EV race after falling behind rivals like Tesla and BYD. On Wednesday, Toyota announced that its $14 billion EV battery plant in North Carolina is open for business. The new facility will begin shipping batteries for Toyota’s electric vehicles in April. Meanwhile, Toyota revealed separate plans to challenge BYD and other EV leaders in China.