U.S. EV Registrations Experience First Decline Since 2020: Tesla’s Impact Highlighted

Tesla’s Influence on February’s EV Market Dip

In February 2024, the U.S. electric vehicle (EV) market saw its first drop in new registrations since 2020, largely driven by a significant decrease in Tesla’s figures. Tesla, the leading force in the EV industry, reported a notable 25% decline in new registrations compared to the same month last year. This downturn led to an overall 2.8% reduction in total EV registrations for the U.S., showcasing Tesla’s crucial role in influencing market trends. The last comparable dip occurred in August 2020, when a decline in Tesla’s registrations also affected the overall segment.

Surge in EV Registrations Without Tesla’s Influence

When excluding Tesla’s data, new EV registrations showed a remarkable 32% increase in February compared to the previous year, signaling strong growth in the industry from other manufacturers. Companies such as Ford, Hyundai, Kia, BMW, and Rivian reported impressive gains, with Ford experiencing an 84% rise and BMW seeing a staggering 166% increase in new registrations. This growth highlights a vibrant and expanding EV market driven by innovation from various manufacturers, even amidst Tesla’s temporary setback.

Performance of Major EV Players

Ford’s impressive performance in February included 7,656 new registrations, a significant leap from the previous year. Hyundai and Kia also showed strong growth, with registrations rising by 54% and 58%, respectively. BMW’s registrations more than doubled, reaching 3,559 units, while Rivian saw a 56% increase with 3,251 new registrations. Together, these companies accounted for 22,010 new EV registrations, while Tesla alone reported 36,697. Despite Tesla’s decline, these figures demonstrate the continued expansion and competitive nature of the EV market.

Tesla EVs at V4 Supercharging station. From left: Model 3, Model S, Cybertruck, Model X and Model YTesla EVs at V4 Supercharging station. From left: Model 3, Model S, Cybertruck, Model X and Model Y

Impact of Tesla Models on Market Trends

The February decline was partly attributed to the underperformance of Tesla’s Model 3, which saw a dramatic 73% drop in registrations. This decline was influenced by the loss of eligibility for the $7,500 tax credit and a temporary production halt at Tesla’s Fremont Gigafactory. In contrast, the Model Y, Tesla’s most popular EV, experienced a 6.7% decrease in registrations, while the Model X saw a notable 47% increase. These trends reflect shifting consumer preferences and the impact of regulatory changes on EV sales.

Additional Insights

The fluctuation in EV registrations underscores the dynamic nature of the market, influenced by both consumer preferences and manufacturer performance. As the EV landscape continues to evolve, it remains essential for industry stakeholders to monitor these trends closely and adapt strategies to maintain growth and competitiveness. For those interested in the latest developments in the EV sector, keeping track of registration data and market shifts provides valuable insights into future industry directions.

Hongqi EHS7 electric SUV to unveil at Beijing Auto Show

Last year’s Shanghai Auto Show saw the Hongqi E202 concept unveiled; this year’s Beijing Auto Show will see the production version now called EHS7 unveiled. Ahead of more information later this week we bring you pictures and details.

The EHS7 is the second car in the Hongqi New Energy series following on from the EH7 sedan and in many ways can be seen as an SUV version of this car. Both single and dual-motor versions will be available and we know that the motor setup is exactly the same as in the sedan. This means the rear wheel drive version gets a motor with maximum power of 253 kW while the all-wheel drive adds an additional 202 kW motor to the front. The battery packs are also from CATL and although we don’t know the sizes yet a good guess is that they will be exactly the same meaning that the EHS7 will offer 75, 85 and 111 kWh packs. Maximum speed is 200 km/h.

What’s not apparent from the pictures is just how large an SUV the Hongqi EHS7 is; length is 4925 mm with width and height of 1950 and 1680 mm respectively. At 3000 mm the wheelbase is exactly the same as on the EH7.

The Hongqi EHS7 will come with features including an advanced safety chassis system and 800V architecture giving fast charging. MIIT listing pictures show that some versions will gain Lidar and it is expected that the EHS7 should have a capable intelligent driving system.

Design wise the car is remarkably close to the concept seen last year with largely only changes to the front and back making the EHS7 look more production like. Black side pillars are optional on the production version.

Spy shots of the interior show that it also quite closely resembles that of the concept although in not quite so gawdy colors. The butterfly screen setup seems the same as in the EH7 and so the EHS7 will likely have a 6-inch LCD instrument panel and a 15.5-inch central control screen along with a augmented reality HUD. Presumably powering the car’s system is a Qualcomm Snapdragon 8155 chip.

Already spotted at the Beijing Auto Show venue is a poster for the launch of the Hongqi EHS7.

Source: Autohome

Introducing the Neta L SUV: Revolutionizing the EV Market with Affordability

Neta L SUV Debuts

In a significant expansion of its electric vehicle lineup, Neta Auto, under the aegis of Chinese EV giant Hozon Auto, launched the new Neta L SUV. Today’s launch showcased the model in its extended-range electric vehicle (EREV) configuration, with the announcement of future availability in battery electric vehicle (BEV) versions.

Detailed Specifications and Pricing

Available in four distinct models, the Neta L EREV pricing starts at RMB 129,900 ($18,000) and reaches up to RMB 159,900. The entry-level model is slated for an official release in August, though pricing details were disclosed at today’s event. Structured on the innovative Shanhai platform, the Neta L is designed as a five-seater mid-size SUV, stretching 4,770 mm in length, with a width of 1,900 mm and height of 1,660 mm, and boasts a substantial wheelbase of 2,810 mm.

Innovative Features and Enhanced Performance

The Neta L is powered by a 1.5L four-cylinder engine, supplemented by a 40.27 kWh battery pack, allowing it to cover up to 310 kilometers per charge according to CLTC standards. Mirroring the innovation seen in Li Auto models, the Neta L is equipped with luxury features including a built-in refrigerator and twin 15.6-inch screens. The SUV also offers a seat with comprehensive 8-point massage and zero-gravity features for maximum comfort. In addition, Neta provided a sneak peek of the Neta S shooting brake model, which is expected to premiere at the upcoming Beijing auto show.

($1 = RMB 7.2439)

As Neta prepares for a potential Hong Kong IPO, this model’s launch marks a strategic step in bolstering their market presence, particularly following a slight decrease in their vehicle sales in 2023. The Neta L combines affordability with cutting-edge technology and luxurious amenities, positioning it as a formidable contender in the global electric vehicle market.

The Volvo EX30 Takes On The Hyundai Kona Electric And The Winner Isn’t Obvious

The Electrifying YouTube channel decided to roll out the Hyundai Kona Electric for a head-to-head comparison of the features, capabilities, and pricing with the new Volvo EX30. While at first glance, you might expect the EX30 to come away with a major win, this is not a one-sided comparison by any means.

A Quick Takeaway of the EX30 and Kona Electric

The EX30 has fast charge speeds and is more attractive inside and out, but it is not spacious and has an overreliance on the central touchscreen. The Kona has a longer driving range, heads-up-display, large rear seat and excellent V2L features.

Regarding styling, both hosts agree that the EX30 easily takes the win. The Volvo has a nice clean look, even if it isn’t particularly bold or exciting. Nicki describes the Volvo’s overall aesthetic as having a “kind of coherent, Scandinavian finish to it.” Nicola especially appreciates the EX30’s 20-inch wheels, even if they aren’t the most efficient option.

When it comes to the Kona Electric’s aesthetics, the car takes a bit of a beating from front to back. The first punch is thrown at the Kona’s forward-facing, off-center charge port. “It’s not the most coherent car,” Nicola says. “It’s bubbly at the front, jiggy-jagged down the side, and has a little booty in the back.”2024 Hyundai Kona Electric Interior

On the interior, the hosts have differing tastes. The Kona Electric has a perfectly functional interior, with a nice driver’s cockpit. Most importantly for Nicola, most functions in the Kona are tied to actual buttons rather than the central screen. Nicki feels that while buttons are nice, the Kona’s cockpit is overkill and criticizes the interior for being too grey.

While the Kona might go too far in one direction, the EX30 takes it to the extreme in the other direction. Almost all primary functions are assigned to the 12.3-inch screen. Nicola is not a particular fan of this Tesla-styled cockpit “I just want a nob and a button. That’s all I’m asking for.”

Nicki and Nicola can agree that the Hyundai’s heads-up display is great, and are disappointed that it is not available on the Volvo.

The rear seat of the Kona is also a clear winner. The little Hyundai is nice and roomy with heated seats and plenty of ports including a vehicle-to-load (V2L) outlet. The rear of the EX30 does have good headroom thanks to the panoramic sunroof. But legroom is very tight and the Volvo lacks heated rear seats and a V2L outlet.

Both vehicles have small but quite functional frunks. Whereas the trunk space comparison is a blowout, with the Kona holding 466L and the EX30 only carrying 318L.

On the road, the Volvo drives very well, feeling a bit quicker than the Hyundai. They’re driving the single-motor rear-wheel drive version here, which has 272 hp and feels surprisingly sporty. The twin motor version does have better performance, but even the single motor EX30 has a respectable 5.3 second 0-60 time.

The Hyundai does not have the same level of performance, with 215 hp and a 7.8 second 0-60 time. The Kona Electric is also front-wheel drive and is prone to frequent tire squeals and loss of traction if you gun it from a standstill. Constantly pinging driver alert notifications are also irritating and go off for everything from slightly wandering eyes, hugging too close to lane markers and every single speed limit change. Still, the regen paddles are a nice feature and the ride itself is very good for a car this size and this price range.

On range and charging, there is a split decision. The Kona has a driving range of 319 miles WLTP range and takes 41 minutes to charge from 10 to 80%. The EX30 has a 295-mile WLTP range but takes only 28 minutes to charge 10-80% at a DCFC.

In the end, there are two recommendations: for those with children, the Hyundai Kona Electric is the obvious answer thanks to its larger rear seat and trunk space. For couples and singles, the Volvo EX30 is the way to go.

Mahindra XUV.e9 electric SUV spied in near-production form

The XUV.e9 is a pure-electric version of the XUV700 with a stylish coupe design.

You may have seen spy images of the Mahindra XUV.e9 before, but this time, the prototype was seen sporting its pre-production bodywork.

The XUV.e9 is a pure-electric version of the XUV700 with a stylish coupe design. The electric SUV features a blanked-out front grille with a full-width LED light bar and vertically stacked headlamps. At the rear, it has a unique LED tail lamp setup connected by an LED light bar that follows the vehicle’s contours. The latest test mule is also equipped with a new set of aero-optimized alloy wheels.

Inside, the XUV.e9 will get a futuristic-looking dashboard with three 12.3-inch displays and a 2-spoke flat-bottom steering wheel. The SUV is also expected to get features like a head-up display with augmented navigation, Level 2 ADAS and a vehicle-to-load function.

Mahindra might offer the XUV.e9 with an 80 kWh battery pack, powering a dual-motor setup. Peak output could be in the range of 227 BHP to 345 BHP. The battery could offer up to 450 km of range.

Top Tips for Finding the Best Electric Vehicle Charging Stations from Expert Reviewer ‘Ubiquitous Electric Bill’

Finding Reliable EV Charging Stations

Electric vehicle (EV) charging stations vary widely in quality and convenience. Some offer free or affordable charging options, while others are poorly maintained or out of service. To ensure a smooth experience, EV drivers should seek out well-lit locations with functional chargers.

Expert Advice from Bill Gehn

Bill Gehn, known online as “The Ubiquitous Electric Bill,” has reviewed nearly 2,100 charging stations to help drivers find the best spots. His reviews highlight fast chargers at freeway exits and gas stations as top choices, offering insights on where to charge efficiently. Gehn’s journey with EVs began in 2015 and has since expanded as he continues to share valuable information on Plugshare.com and its app.

Practical Insights and Recommendations

Gehn’s thorough evaluations consider the type of charger, cost, and safety, aiming to alleviate “range anxiety” for EV owners. His reviews, including over 50 updates in the past month alone, guide drivers to reliable stations and help avoid those with potential issues. His dedication is recognized by Plugshare, which recently honored him with a branded baseball cap as a token of appreciation for his contributions.

2023’s Prominent Electric Vehicles in India: Sustainable Choices from Tata, MG, Hyundai, and More

Introduction

The surge in electric vehicle (EV) adoption in India mirrors a global trend towards more sustainable transport solutions. In 2023, the Indian EV market saw a substantial increase, introducing a wide array of electric options from affordable hatchbacks to upscale SUVs and luxurious sedans. These electric vehicles not only cater to environmental preservation but also ensure considerable economic advantages over their lifetimes, appealing to environmentally aware buyers.

Exploring India’s EV Market

Key players such as Tata, Mahindra, MG, Hyundai, and Kia are intensifying their focus on the electric vehicle sector. Each new model release contributes to the enhancement of the EV infrastructure and diversifies the options available to Indian consumers, heralding a robust future for electric mobility within the nation.

Highlights of Key Electric Models

A quick overview of some notable electric vehicles currently available in India includes:

  • MG Comet EV: This model starts at Rs. 7.98 lakh and is celebrated for its cost-effectiveness and stylish design, offering up to 230 km per charge.
  • Tata Tiago EV: With a price range of Rs. 8.69 to Rs. 12.04 lakh, this car combines aesthetic appeal with sustainability, delivering a range of up to 315 km.
  • Mahindra XUV400 EV: Priced from Rs. 15.99 to Rs. 19.39 lakh, this vehicle is known for its spacious interior and extensive range of up to 456 km, ideal for longer journeys.
  • Hyundai Kona Electric: Merging luxury with efficacy, this vehicle provides up to 452 km of range and is priced between Rs. 23.84 and Rs. 24.03 lakh.

Insights for Prospective EV Owners

Selecting an electric vehicle entails assessing factors like driving range, charging infrastructure, upfront investment, and long-term savings. Although the initial cost of EVs may be higher, the ongoing savings on fuel and maintenance render them economically viable over time. Moreover, developments in battery technology and increasing governmental incentives are enhancing the feasibility of EVs, broadening their appeal.

Conclusion

India is steering towards a more sustainable automotive future, with electric vehicles at the forefront of this transformation. Significant investments by major automotive manufacturers and governmental support are likely to boost EV adoption, leading to a cleaner, more sustainable environment. For those committed to environmental sustainability or seeking cost-effective automotive solutions, the expanding variety of electric vehicles provides a range of appealing choices.

Aston Martin Cars Say Psych to Electrification Push

Aston Martin pulled an old switcheroo on promises to electrify. Instead, the brand will keep building gas-powered GT cars and SUVs.

Some things just work. A Supermarine Spitfire singing its song at low altitude. A cold beer on a hot day. Oh, and a powerful engine pulling Aston Martin GT cars in a posh performance of engine notes and tire chirp. Well, the company’s executive chairman confirmed that the gas-powered Aston isn’t going anywhere anytime soon.

Lawrence Stroll says luxury performance car marque Aston Martin will continue producing gas-powered cars in the 2030s

Aston Martin cars won’t be ditching its sonorous V8s anytime soon. However, before anti-EV folks tout the death of electric vehicles, the brand is planning on releasing its first electric vehicles in the not-too-distant future. But they won’t be replacing the internal combustion engine (ICE) side of their lineup anytime soon.

Aston Martin Executive Chairman Lawrence Stroll (yes, that Stroll) claims that the brand’s faithful aren’t ready to part with the “sounds and smells” of a gas-powered GT car, per Car and Driver. That’s great news for the brand’s fans. What’s more, spy shots suggest that the company might be reviving its 12-cylinder aspirations for the next generation of the marque’s range-topping GT cars.

An Aston Martin DB12 'Super Tourer' car takes a corner.
An Aston Martin DB12 | Aston Martin

Consequently, the announcement isn’t a huge shock. Many of the automakers that established radical all-or-mostly EV production targets by the decade’s end are behind on their goals. Moreover, EV adoption across the industry is losing vital momentum. Stroll asserts there will “always be demand” for ICE cars like Aston Martin’s V8-powered DB12 platform, per Autocar.

Of course, the company still has plans to release four vehicles on its bespoke electric architecture. “We planned to launch at the end of 2025 and were ready to do so, but it seems there is a lot more hype in EVs, politically driven or whatever, than consumer demand, particularly at an Aston Martin price point.”

However, the move to keep ICE propulsion in Aston Martin cars isn’t a total abandonment of green technology. Stroll told Autocar the company “decided to invest very heavily in PHEVs.” As such, Stroll says Aston Martin’s hybrid initiatives will “play out for a long while and we will have an extensive offering.” Most excitingly, the brand’s executive chair says we’ll see a hybridized V12 in the future.

Kia EV2 Spied Testing For First Time, Will Be Cheapest E-SUV in Portfolio

Representational Image. (Photo: Rushlane))

Representational Image. (Photo: Rushlane))

It has been reported the launch of EV2 is slated to take place somewhere around 2025. However, the brand is yet to confirm the details about the same.

The top leader in the automobile industry Kia is all set to push its EV fleet globally. The company is now gearing up to release the all-new EV2 soon. Ahead of the official launch, a viral video surfaced on the internet, where the vehicle has been spied on during the testing phase internationally.

Despite being fully covered in camouflage, the battery-powered car revealed some of the details and key features.

Take a Look at Video Here

It has been reported that the upcoming e-four-wheeler will be compact in size, and will hit the market under a decent price range, catering wider audience towards the segment. It is expected to hit the market at a starting price tag of 14,500 dollars. However, a green signal about the speculation is yet to be cleared by the brand.

Design Elements

In the clip, it can be seen that the upcoming EV looks quite boxy, featuring aggressive front fascia, and flaunting an LED headlight setup, paired with decent size LED DRLs. As the video moves further, it shows the bold alloy wheels, side profile with cladding, black-colored ORVMS, and roof rails.

If look closely, the e-crossover flaunts a similar style statement and body design, which already has been seen in EV3, EV5, and EV9.

Expected Launch

Most of the spec-related details have been kept under wrap as of now. However, the company is expected to share the same soon. It has been reported the launch of EV2 is slated to take place somewhere around 2025.

BMW iX Earns 2024’s Top Luxury EV Award Under $150K

Celebrating the Drive Car of the Year: Best Luxury EV Under $150K

In the competitive world of luxury electric vehicles, the 2024 Drive Car of the Year has honored the BMW iX for its outstanding mix of cutting-edge technology and sophistication. This award highlights the BMW iX’s remarkable achievements in a market defined by high standards.

Growth and Recognition in the Luxury EV Sector

The luxury electric vehicle market saw notable growth in 2023, with more accessible models becoming available. Despite this trend, the Drive Car of the Year (DCOTY) award focuses on the premium segment of luxury EVs. Last year, the Best Luxury EV over $120K award went to the BMW i7. This year, the category’s price limit was set at $150,000 to balance luxury and value.

BMW iX: A Perfect Blend of Luxury and Performance

The BMW iX stood out in this competitive category with its seamless combination of advanced technology and luxurious design. With a starting price of $136,900, the iX offers a driving range between 420km and 620km, depending on the model. Its powerful 240kW motor and 600Nm of torque enable it to go from 0 to 100km/h in just 6.1 seconds.

Drive

Additional Insightful Information:

Exceptional Interior Design and Comprehensive Safety

The BMW iX’s interior is a showcase of luxury, featuring high-end materials like leather and walnut, along with a cutting-edge infotainment display. Beyond its aesthetic appeal, the iX emphasizes safety with a five-star ANCAP safety rating and an extensive array of driver assist systems, providing peace of mind for its occupants.

Balancing Bold Design with Functionality and Range

While the iX’s bold design and substantial size are impressive, it has faced some critiques regarding cargo space and exterior styling. For those needing more range, the iX xDrive 50 Sport model offers up to 620km, making it a worthwhile investment for enhanced capabilities.

The BMW iX’s combination of refined style, robust performance, and luxurious comfort secured its position as the DCOTY Best Luxury Electric Vehicle under $150,000, setting a high standard for future luxury EVs in the market.