Category: EV

Jul 21

Is Investing in a $25,000 Used Tesla a Smart Move in 2023?

Evaluating the Appeal of a Budget-Friendly Tesla

The allure of a $25,000 Tesla is undeniable, especially when new models retail for over $40,000. While finding a used Tesla Model 3 or Model S at such a low price can seem like a bargain, it’s important to consider the trade-offs. Typically, these lower-priced Teslas are older models, with the Model S from around 2013 to 2015 and often clocking over 100,000 miles, which might not align with everyone’s preferences.

Considerations for High-Mileage Teslas

High-mileage Teslas present some specific concerns that potential buyers should be aware of. One of the primary issues is battery degradation, which can significantly impact the vehicle’s range and performance over time. While newer Teslas may still be under battery warranty, older models might require costly replacements, sometimes exceeding $10,000, as reported by automotive sources.

Weighing the Pros and Cons

For those comfortable with the potential for higher maintenance costs and the risks associated with an older vehicle, a $25,000 Tesla could be a valuable purchase. These vehicles offer the unique opportunity to own a Tesla at a fraction of the original cost. However, it’s crucial to conduct a thorough pre-purchase inspection and be prepared for possible future expenses, particularly concerning battery replacement and routine maintenance.

Jul 21

Lexus TZ Could Be the Name of Forthcoming Three-Row EV SUV

  • Toyota has filed trademarks with the European Intellectual Property Office (EIPO) for variations of the “TZ” name, as reported by InsideEVs.
  • The trademarks include Lexus TZ450e and Lexus TZ550e, which we think are likely names for a fully electric alternative to the new three-row Lexus TX.
  • The Lexus TZ will probably share a platform with Toyota’s upcoming three-row EV that’s expected to be called bZ5X and begin being built sometime in 2025.

It’s all but confirmed that Lexus has a three-row electric SUV in the works. What it will be called is still up in the air, however, it looks likely that such a model will wear the “TZ” badge. That speculation is based on trademark applications that Toyota recently filed with the European Intellectual Property Office (EIPO), which was reported by InsideEVs.

Among the applications that were filed earlier this week, Toyota applied for trademarks to “Lexus TZ450e” and “Lexus TZ550e.” The “T” in those names suggest it could be similar in size to the recently revealed Lexus TX, which features three rows of seats and three powertrains, including two hybrid setups. The “Z” is what Lexus uses to identify its fully electric models, such as the compact RZ SUV.

Perhaps more telling than either of those extrapolations regarding the potential body type and powertrain the Lexus TZ will have is the fact that Toyota has already announced plans to build a three-row electric SUV starting sometime in 2025. Based on the Toyota bZ5X concept, we expect the production model to share that name and its platform with an inevitable Lexus-branded version. Judging by today’s news, the latter will use the “TZ” prefix.

Jul 21

Audi Partners with SAIC Motor to Accelerate EV Innovation in China

A New Chapter in EV Collaboration

Audi and SAIC Motor, China’s state-owned automotive giant, have announced a groundbreaking partnership aimed at enhancing their electric vehicle (EV) offerings in the Chinese market. Officially confirmed on July 20, this collaboration is set to bolster both companies’ electrification strategies amid China’s rapidly expanding EV sector. While specifics of their joint projects remain under wraps, reports suggest that Audi is eyeing SAIC’s advanced modular EV platform, utilized by SAIC’s premium brand IM Motors for its L7 sedan and LS7 SUV.

Strategic Moves Amidst Industry Shifts

This partnership represents a significant shift for Audi, which has faced setbacks in its EV strategy due to delays and developmental issues with the Volkswagen Group’s software. With the Q6 e-tron and other flagship projects delayed, Audi’s move to collaborate with SAIC highlights a strategic pivot towards leveraging external innovations. This deal underscores China’s growing role as a hub of automotive innovation, marking a departure from merely adopting foreign technology to spearheading new advancements in the industry.

Jul 21

Ford’s EV Future Accelerated: $800M Investment In Tennessee By Magna

Automotive supplier Magna has recently invested nearly $800 million dollars to build manufacturing facilities in Tennessee.

Magna International works in a multitude of automotive industry sectors. Magna International supplies components for many vehicles, both fossil fuel-powered and electric. Magna’s subsidiary, Magna Steyr is an actual vehicle manufacturer, building certain electric vehicles like the Jaguar I-Pace and Fisker Ocean. Worldwide, the firm operates 342 facilities. To say the least, Magna plays a significant role in the global auto industry.

Today, the Canadian-based automotive firm announced it will spend $790 million to construct three new manufacturing facilities situated within Tennessee. Magna says that by 2025, all three of its upcoming TN plants will be up and running.

One of its plants will be in Lawrenceburg, a small town located almost equidistant from Memphis and Chattanooga. The other two plants will be constructed just within Ford’s Tennessee manufacturing campus, dubbed Blue Oval City. Blue Oval City will reside northeast of Memphis.

The facility located in Lawrenceburg will specialize in building frames and the other two at the campus will focus on battery enclosures, seats, and other components specific to Ford vehicles.

For Ford, the localization of components will likely expedite build times and reduce costs. The American automaker says that Blue Oval City can produce half a million EVs annually once it’s up and running.

As for Magna, its facilities can generate 1,300 jobs for the local area. Considering these recent investments, Tennessee is a little-known automotive powerhouse. Ford and Magna join GM, Volkswagen, Nissan, and others in the southeastern state.

Jul 21

Tesla Cybertruck Debuts and Ford F-150 Lightning Price Drop: Weekly EV Update

InsideEVs Podcast Episode 172: What’s New in EVs?

InsideEVs is excited to share the 172nd episode of our weekly podcast, bringing you the latest and most compelling stories from the world of electric vehicles. Tune in on our YouTube channel or your favorite podcast platforms like Apple Podcasts, Spotify, and Google Podcasts to catch up on all the current happenings. Our show provides expert analysis and engaging discussions, streaming live every Friday at 9:30 AM EST across Facebook, Twitch, Twitter, and YouTube.

Meet Our Hosts and Guests

This episode is hosted by Domenick Yoney, editor at InsideEVs and moderator of the InsideEVs Forum. Joining him are Martyn Lee from the EV News Daily podcast, Kyle Conner of Out Of Spec Studios, and Tom Moloughney, senior editor at InsideEVs and host of the State Of Charge YouTube channel. Together, they offer a deep dive into the latest developments, including the debut of the Tesla Cybertruck and the recent price adjustments for the Ford F-150 Lightning.

Jul 20

Pricing and Features of the 2024 Audi Q8 e-tron: What You Need to Know

A Look at the 2024 Audi Q8 e-tron

The 2024 Audi Q8 e-tron represents a pinnacle in luxury electric SUVs. Combining futuristic design with Audi’s renowned Quattro all-wheel drive and cutting-edge technology, this German-engineered EV boasts impressive performance and a commanding presence. The transition from the original e-tron name to Q8 e-tron reflects Audi’s broader EV lineup and updated design philosophy, offering both aesthetic enhancements and enhanced functionality.

The 2024 Audi Q8 e-tron Premium Trim

Starting at $75,595, the base model of the 2024 Audi Q8 e-tron Premium provides a comprehensive electric vehicle experience. It features a dual-motor setup that delivers robust all-wheel drive with 402 horsepower and accelerates from 0-60 mph in just 5.4 seconds. The 106 kWh battery offers an estimated range of 285 miles, and rapid charging capabilities mean the battery can go from 10-80% in only 31 minutes with a DC charger. This model strikes a balance between advanced features and everyday practicality.

Inside, the Q8 e-tron Premium blends sleek, modern aesthetics with high-tech functionality. The cabin showcases Audi’s “Digital Cockpit,” which includes digital gauges and touchscreens designed to enhance driver interaction. Standard features include adaptive air suspension for a smooth ride, 20-inch wheels, and advanced safety technologies like adaptive cruise assist with lane guidance.

Upgrading to the 2024 Audi Q8 e-tron Launch Edition

For $88,745, the 2024 Audi Q8 e-tron Launch Edition adds significant upgrades in both style and comfort. This trim level includes 21-inch wheels and S-Line accents that highlight its sporty heritage, along with distinctive black mirror housings and roof rails. The interior features luxurious flint grey Valcona leather with striking orange piping, enhancing both comfort and visual appeal.

Despite the additional features, the Q8 e-tron Launch Edition retains the same powerful electric powertrain and balanced handling praised by automotive reviewers. The Launch Edition maintains Audi’s reputation for delivering a refined and dynamic driving experience, though some buyers may seek further customization options.

Customization and Add-Ons for the Q8 e-tron

Audi offers a range of accessories and packages to tailor the Q8 e-tron to individual tastes. Optional paint finishes like Madeira Brown Metallic, Plasma Blue Metallic, and Mythos Blue Metallic, each priced at $595, add a unique touch to the vehicle’s appearance. For an enhanced look, the Premium trim can include Black Optic exterior details for an additional $1,000. Practical add-ons include a $750 trailer hitch for those who need towing capability, and a $400 rear-side airbag package for added safety. The Launch Edition can also be upgraded with an $1,850 AC charging package that includes a second charge port and a 19.2 kW onboard charger.

The 2024 Audi Q8 e-tron embodies Audi’s commitment to innovation, luxury, and performance. Its advanced electric drivetrain ensures both impressive range and quick charging, while Quattro all-wheel drive provides reliable handling in various conditions. With its striking design and high-end features, this EV offers a compelling choice for enthusiasts looking for a blend of sophistication and cutting-edge technology.

Jul 20

Tomorrow’s EV Charging: Ushering in a New Era of Efficiency and Accessibility

Redefining EV Charging: The Shift to Greener Mobility

The rising allure of electric vehicles (EVs) signals a collective movement towards eco-conscious transportation. Yet, many potential adopters pause, wondering about charging options. While the growth in charging stations is steady, it doesn’t match the omnipresence of gas stations. But there’s hope. Breakthroughs in EV charging technology are reshaping the landscape, offering solutions that merge convenience with efficiency.

1. Contactless Charging

Imagine parking your car, and without a plug, it begins charging. Contactless charging, using electromagnetic fields, promises this ease, potentially revolutionizing public charging points. It not only does away with the hassle of cables but also minimizes potential damage or theft. Several pioneers are racing to mainstream this innovation.

2. Turbo-Powered Charging

One key deterrent for EVs is the charging duration. Unlike their gasoline counterparts that refuel swiftly, EVs often need patience. But turbo-powered chargers, delivering a whopping 350 kW, aim to slash this wait to a mere 15 minutes. As batteries become even more advanced, expect these chargers in more locations.

3. Two-Way Charging

Until now, EVs were energy consumers. Two-way charging changes this dynamic, enabling these vehicles to return excess energy back to the power grid. Such capabilities mean your EV could double up as a power backup or even earn by feeding the grid during peak times. This mutually beneficial system is catching on globally.

4. On-the-Go Charging

Imagine a world where your EV charges while cruising on highways. On-the-go charging dreams of such a reality, utilizing electrified roads or sky-high power lines. While it’s still a budding concept, some nations are already laying the groundwork with pilot projects.

5. Intelligent Charging

The surge in EVs demands smarter infrastructure management. Intelligent charging systems, backed by intricate algorithms, tailor charging times based on varied factors: grid health, energy rates, and renewable energy access. This not only trims charging costs but also safeguards against grid overloads.

6. Carry-On Charging

For those wary of scarce public stations, the future might have an answer: portable chargers. These compact devices could be your on-the-go charging buddy, compatible with common electrical outlets. Their charging speeds might not rival dedicated stations, but their convenience is undeniable.

7. Sun-Powered Charging

Blending renewable energy with EV charging is sun-powered charging. By harnessing solar energy via panels atop homes or stations, EV enthusiasts can attain a greater degree of energy independence. As solar technology becomes more affordable, this sustainable duo is poised for larger acceptance.

Facing the Challenges: Roadblocks to Seamless EV Charging

But like all technological transitions, the journey to ubiquitous EV charging faces hurdles. A glaring one is the absence of a universal charging standard, leading to compatibility woes. Global standardization efforts are in the works to streamline this. Funding challenges also loom large, especially for charging infrastructure setups. Here, governmental incentives can be game-changers, spurring broader establishment. Lastly, the specter of ‘range anxiety’ haunts potential EV converts. Expanding the charging matrix, coupled with dynamic charging and improved battery tech, can assuage these fears.

Charging into the Future: A Cleaner Tomorrow

To sum up, as the electric revolution gains momentum, so does the evolution of charging technology. The dreams of today, be it contactless or on-the-go charging, could soon be everyday realities. While some challenges persist, the broader trajectory is clear: a world driven by electric. With collective efforts, this greener horizon isn’t just a possibility; it’s a guarantee.

Jul 20

Toyota’s Latest Trademark Hints at a New Electric Three-Row Lexus SUV

Exciting News: An Electric Three-Row Lexus SUV on the Horizon

Recent trademark filings suggest that a new electric three-row SUV from Lexus is in the works. Toyota has submitted applications to the EU Intellectual Property Office (EUIO) for a model designated as the Lexus TZ, including variants like the TZ450e and TZ550e. While specific details are sparse, these filings hint at an innovative addition to Lexus’s electric lineup.

What We Know About the Upcoming Lexus TZ

The trademarked TZ name aligns with Lexus’s naming convention, where “Z” signifies zero-emission vehicles. This follows their pattern seen in the RZ 450e, their first all-electric SUV. The new TZ is expected to share design elements with the RZ 450e, such as the aerodynamic “Spindle Body” replacing the traditional spindle grille, and will likely be built on Toyota’s new EV-specific platform set to debut in 2026.

Anticipations for the TZ and Market Trends

With the rise in consumer preference for larger vehicles, including electric SUVs, Toyota’s introduction of this model aligns with current market trends. This new electric SUV is set to be Toyota’s first US-assembled EV, produced at the Georgetown, Kentucky plant from 2025, with batteries sourced from a new factory in North Carolina. As competitors like Rivian, Tesla, and Mercedes prepare their own electric three-row SUVs, Lexus’s entry into this segment could offer timely competition in the evolving electric vehicle market.

Jul 20

2025 Kia EV5 SUV: Is Kia on a Roll or What?

WHAT IT IS: Kia has a multistage strategy for capturing a large slice of the EV market across several tiers, and the Kia EV5 SUV is the next step in the automaker’s master plan. The company revealed the EV5 concept in March with the promise of being the brand’s next “true” electrified SUV. It will be less sporty than the performance flagship EV6 and not as massive as the upcoming EV9 three-row SUV.

WHY IT MATTERS: The real battle for SUV market share happens in the midsize category—three-row SUVs are great for cargo and extra passengers, but most families opt for two-row models. This means the EV5 is critical in Kia’s battle against the likes of Tesla’s Model Y, Chevrolet’s Blazer EV, Volkswagen’s ID4, and other contenders.

PLATFORM AND POWERTRAIN: Like the EV6 and EV9, the EV5 will be built on the E-GMP platform Kia shares with Hyundai. Thanks to its modular design, the platform will be adapted for the EV5’s intended footprint. We expect the EV5 to use the same 76.1-kW battery that will come standard in the EV9, and it should make its debut with a single motor that will produce roughly 215 hp.

Jul 20

What Is the Range of the Cheapest EV?

The most affordable electric vehicle has a surprisingly impressive driving range. Is it worth getting?

The cheapest electric vehicle on the market is going to be discontinued. Chevrolet’s Bolt EV is easily one of the most controversial vehicles in recent memory. The electric hatchback was a hit with consumers until its reputation went up in flames. Still, some consumers want the EV to stick around. How far is the Chevy Bolt EV’s driving range?

Chevy Bolt EV: Range

Chevy’s 2023 Bolt EV small electric hatchback has an estimated 259 miles of range. That’s incredible for any electric vehicle. The issue with the Bolt EV is its reliability. Chevrolet’s electric vehicle is the subject of one of the largest mass recalls in recent history.

General Motors recalled Bolt EV and Bolt EUV models due to battery fires. Electric vehicle battery fires are becoming a common issue across a wide variety of brands. Battery electric vehicles can overheat and become engulfed in flames because of their unique powertrain systems.

Chevrolet gave the Bolt EV a major update and a price cut but ultimately decided to kill the nameplate at the end of the year, with its reputation severely damaged. Despite its more affordable price and new design, some consumers can’t shake the feeling that it’s unreliable. It’s become associated with too much controversy to succeed. That being said, the Bolt EV’s specs aren’t indicative of a vehicle destined for the great junkyard in the sky.

Chevy Bolt EV: Price and Specs

Chevrolet’s Bolt EV starts at $26,500. It makes 200 horsepower and 266 lb-ft of torque. Chevy’s electric vehicle offers an excellent driving range for its price. It’s the most affordable electric vehicle on the market, and it has more range than most drivers with access to charging stations need.

Bolt EV models qualify for the federal electric vehicle tax credit, making the EV even more affordable. After the $7,500 incentive, the Bolt EV starts at around $19,000. It comes with heated power outside mirrors and a tire pressure monitoring system. As a result, the Bolt EV provides incredible value for the money. It also has a surprisingly roomy cabin and great visibility.

Should you get the cheapest EV?

Chevy’s Bolt EV is a great electric vehicle on paper. The big issue with the Bolt EV is that the affordable electric vehicle has a history of unreliability. Range anxiety is one thing. Expecting your vehicle to spontaneously combust is another thing entirely.

If the Bolt EV were more reliable, it’d easily be one of the best entry-level electric vehicles on the market. Chevy had a hit on its hands. Unfortunately, the nameplate’s reputation was too damaged to recover from the battery fire debacle.

The range and price of the cheapest EV on the market make it a good deal. That being said, its recalls will cause some consumers to steer clear of the electric hatchback before its discontinuation. Does Chevy have a new electric vehicle in the works that could take the place of the Bolt EV?