🚗 BMW is phasing out gas-powered car production from its Munich plant. ⚡ The German automaker is investing €650 million to update the Munich factory for electric vehicle (EV) production. 🏭 Starting in 2026, the Munich plant will exclusively produce the Neue Klasse, BMW’s new line of EVs. 🌐 BMW is relocating combustion engine vehicle…
🚗 The Boring Company’s Vegas Loop might feature the Tesla Cybertruck for passenger transport. 🌐 Social media posts from The Boring Company and the City of Las Vegas hint at the Cybertruck’s presence in the Vegas Loop. 📅 The specific deployment date for the Tesla Cybertruck in the Vegas Loop is not provided, but it’s…
📈 Tesla China sold 456k Model Y domestically in 2023, a 44.74% YoY increase. 🌐 Model Y’s December 2023 sales in China were 60,055 units, up 20.41% from the previous month. 🇨🇳 Model Y accounted for 79.22% of Tesla’s domestic sales in China in December 2023. 🚗 Model 3 sold 147,270 units in China in…
🏭 Tesla Giga Mexico is set to be one of the company’s most ambitious electric vehicle factories. 🌐 Tasked with producing Tesla’s next-generation car, Giga Mexico aims for rapid mass production. 💼 The upcoming facility is projected to lead to a substantial job creation boom in Nuevo Leon, Mexico. 📈 Professor Jorge A. Moreno estimates…
💰 Tesla Model 3 Highland leases benefit from a $7,500 incentive due to an IRA tax credit loophole. 🚗 The $7,500 EV lease incentive is distributed across the Model 3 Highland lease term. 📉 Monthly lease payments for the Model 3 Highland are calculated at $329, potentially dropping to $246 after factoring in savings. 🔄…
🚗 Tesla officially launched the upgraded Model 3, named Model 3 Highland, in North America. 🌐 The upgraded Model 3 is available for order in the United States, Canada, Mexico, and Puerto Rico. 🔄 The previous generation Model 3 has been phased out with this launch. 🔋 Key upgrades include a range of up to…
🌐 Tesla proposes to help upgrade Palo Alto’s Standford Research Park electric infrastructure. 💰 Tesla suggests a deal to split the $24 million cost of a new substation at 3350 Hanover St, contributing $12 million. 🚀 The proposed project includes upgrading SRP power lines, benefiting not only Tesla but other customers in the area. 🔄…
🚗 Hertz is selling former Tesla rental vehicles at low prices. 💰 Prices start as low as $17,700 for some Tesla models. 📉 Potential for an additional $4,000 reduction through the IRS electric vehicle tax credit. 🤔 Uncertainty whether the $4,000 tax credit is applicable to these former Tesla rentals. 🌐 Hertz’s Rent2Buy program allows…
🎨 Tesla introduces a new Satin Abyss Blue wrap for Model 3 and Model Y. 💰 The new wrap color is priced at $6,000, the same as four other protective film colors. 🌈 Tesla’s current PPF wrap offerings include seven other colors: Glacier Blue, Forest Green, Satin Rose Gold, Slip Gray, Satin Ceramic White, Satin…
🚗 Volkswagen reported 394,000 battery-electric vehicle (BEV) deliveries in 2023, a 21.1% YoY increase. 🌍 BEV deliveries represented approximately 8% of Volkswagen’s total sales, reaching 4.87 million vehicle deliveries overall. 📈 Despite not being the top EV seller globally, Volkswagen sees the figures as a positive sign of continued consumer interest in their BEVs. 🌐…