Category: EV vehicles

  • Cybertruck and Honda Prologue Gain Popularity as EV Lease Prices Fall

    Cybertruck and Honda Prologue Gain Popularity as EV Lease Prices Fall

    Thanks to the 16,692 sales of the Cybertruck in the third quarter, Tesla now holds the top three spots in the list of the most loved electric vehicles in America.

    Competition in the EV Market

    In fourth place is the Ford Mustang Mach-E, with 13,392 units sold. Meanwhile, a surprising newcomer has entered the top five: the Honda Prologue, which has successfully sold 12,644 electric SUVs. This shift in the rankings highlights the growing diversity and competition in the EV market.

    Affordable Leasing Options

    A contributing factor to the Prologue’s success might be its attractive lease options starting at $289 per month. Currently, leasing has become the favored method for purchasing an electric vehicle in the U.S., making up 80% of the market, a notable rise from just 16% at the start of this year. Moreover, as new EV prices have dropped, the average monthly lease payment has plummeted from $950 to $582, making EVs more accessible to a wider audience.

    Changes in Used EV Pricing

    The inventory of second-hand EVs is also on the rise at dealerships, prompting sellers to reduce prices by 25%. As a result, the average price of a used EV has now dipped below that of a traditional gas-powered car.

    Despite these trends, the pricy $100,000 Cybertruck has secured its position as the third best-selling EV in the United States during the last quarter. With Tesla already launching a more affordable version that is not part of the Foundation Series, it is expected to maintain its ranking in Q4.

    Tesla’s Popular Models

    The Model Y and Model 3, which are the top-selling and second-best-selling electric cars in America, are likely to stay at the forefront as Tesla has rolled out attractive 0% APR financing and zero down payment offers for these models.

    Sources: WSJ, KBB (PDF)

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  • Goldman Sachs: EV Battery Costs to Halve by 2026

    Goldman Sachs: EV Battery Costs to Halve by 2026

    Goldman Sachs Research has revealed that the prices of batteries for electric vehicles (EVs) are likely to decrease sharply, which could change the automotive sector dramatically. They predict that the average cost will drop from $149 per kilowatt-hour (kWh) in 2023 to around $80/kWh by 2026. This represents a staggering reduction—nearly 50 percent.

    Reasons for Price Drops

    There are two major factors behind this trend:

    The electric vehicle battery market is still largely controlled by lithium-based technologies.

    Even though solid-state batteries were expected to shake things up, their growth has been slower than anticipated. As a result, established lithium-based batteries are expected to solidify their dominance, with LFP batteries anticipated to capture 45 percent of the market by 2025.

    Market Challenges

    Additionally, the battery industry has considerable entry barriers.

    Due to these obstacles, a small number of firms dominate the market—approximately five companies hold around 80 percent of the share. This concentration makes it tough for new entrants to join, especially given the current downturn in the industry.

    Goldman Sachs believes that by 2026, the overall cost of owning an EV will be comparable to that of a conventional gasoline vehicle in regions like the U.S.

    Even though regulatory backing might boost short-term EV sales, particularly in 2025, a shift toward consumer-driven adoption is anticipated to begin in 2026 as the financial benefits of EV ownership become clearer.

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  • P7+: First AI Car with Free Self-Driving, No Weather Limitations

    P7+: First AI Car with Free Self-Driving, No Weather Limitations

    With the aim to surpass Tesla in the realm of full self-driving, Xpeng has introduced a direct competitor to the Model 3, priced below $30,000, which includes complimentary full self-driving and autoparking features.

    Competition Intensifies in China

    Several of Tesla’s top rivals in China, such as BYD, Xpeng, and NIO, are rapidly advancing their driver assistance technologies, striving to differentiate themselves and draw in more consumers. This ongoing competition has led to significant innovations and enhancements in the automotive sector.

    Introducing the Xpeng P7+

    A notable example is the new Xpeng P7+ sedan, which directly challenges the Model 3 with its price being 10% lower than Tesla’s most affordable model. Xpeng refers to the P7+ as “the first AI car,” as it utilizes artificial intelligence to manage all aspects of the vehicle, including autonomous driving, energy efficiency, and thermal control for the first time ever.

    This new vehicle showcases Xpeng’s commitment to AI; it’s their initial smart car that doesn’t rely on LiDAR for self-driving operations. Instead, they have adopted Tesla’s method, equipping the P7+ with Eagle Eye vision technology, which they claim provides greater accuracy than their prior LiDAR-based self-driving systems.

    Advanced Technology and Capabilities

    The innovative mix of AI software with camera and sensor technology allows the P7+ to map an area equivalent to two football fields in all weather and road conditions. With Eagle Eye, Xpeng is on track to potentially be the first automotive company to implement its self-driving technology in major cities and along highways by year-end.

    The system supports seamless intelligent driving capabilities, allowing for door-to-door travel and parking space navigation. This stands in stark contrast to Tesla’s full self-driving, which has yet to receive approval in China.

    Specifications That Standout

    When it comes to specifications, the P7+ boasts a slightly longer range than the Tesla Model 3 and operates its self-driving software on two Nvidia Orin X chips, with the cabin entertainment system powered by a high-end Snapdragon 8295 processor.

    The AI-driven powertrain also achieves an impressive efficiency of around 18 kWh per 100 miles, and the P7+ is constructed on a contemporary 800V architecture, enabling rapid charging capabilities.

    Pre-orders have begun at a starting price of $29,610, which might be adjusted downwards before the official launch next month. Tesla is encountering significant rivalry in China, capturing only 6.4% of the new energy vehicle market there last month.

    Xpeng (Weibo) via SCMP

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  • Kia EV5 Launching in Australia: Affordable Tesla Model Y Alternative

    Kia EV5 Launching in Australia: Affordable Tesla Model Y Alternative

    Kia has announced the prices for the EV5 in Australia. The launch of this electric SUV, which was initially set for June, faced delays due to software and wheel issues. Thankfully, these problems seem to have been sorted out, and the Air and Earth trims are set to become available soon. Additionally, two GT-Line versions are expected to arrive in December.

    Pricing Details

    As per the Kia Australia website, the starting price for the EV5 is A$56,770 for the FWD Air Standard Range trim, which is lower than the Tesla Model Y that has a drive away cost of A$60,868. The FWD Air Long Range trim, capable of providing up to 555 km (~345 miles) instead of the 400 km (~249 miles) WLTP range, is listed at A$63,990. The AWD Earth trim, another long-range version with a range of up to 500 km (~310 miles), is priced at A$69,990. The Earth trim not only includes a second motor but also comes with bigger 19-inch alloy wheels, a power tailgate, and an external vehicle-to-load (V2L) port, setting it apart from the Air.

    High-End Variants

    The EV5 GT-Line and the EV5 GT-Line Two-Tone are both priced around A$77,990. These premium trims come with enhanced features such as larger 20-inch alloy wheels, a heads-up display, blind-spot camera, fingerprint authentication, and massage seats. It’s important to keep in mind that prices may differ depending on the region. It is still unclear when exactly the Kia EV5 will be available in Australia or when it will reach other international markets.

    Kia, Drive’

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  • Cybertruck: Tesla’s Robotaxi with the Biggest Screen Yet

    Cybertruck: Tesla’s Robotaxi with the Biggest Screen Yet

    Elon Musk has delayed the "We, Robot" event for Tesla where they planned to showcase the Robotaxi, so they could make some alterations to its front appearance.

    A Cybertruck Influence

    If the goal was to give it a look similar to a Cybertruck, complete with light bar headlights, they definitely succeeded. But it’s not just the front that resembles the Cybertruck; the entire Robotaxi has hints of Cybertruck design, as its shiny silver color makes it look like it’s crafted from stainless steel.

    Looks Can Be Deceiving

    However, the Cybertruck-inspired aesthetic is mostly superficial. The futuristic design of the Robotaxi is actually made with basic aluminum panels, which are painted to shine like the Cybertruck’s stainless steel. The self-driving Robovan also has a similar vibe, reminiscent of an Airstream trailer, yet it isn’t made of stainless steel either.

    Tesla’s head designer, Franz von Holzhausen, stated during the unveiling that producing it in stainless steel would have been overly expensive and would contradict the aim of creating Tesla’s first vehicle priced under $30,000.

    Cost-Saving Features

    Apart from saving costs by not including rear seats, pedals, or a steering wheel, Tesla has also cut expenses by optimizing the battery. The Robotaxi will offer a range of approximately 200 miles powered by a roughly 40 kWh battery, which is the smallest offered by Tesla.

    The wheels of the Robotaxi are designed to appear unusually large and modern by painting half of the tires in the same color as the wheel caps, creating an illusion that the 21-inch Continentals look much sleeker than they actually are.

    Impressive Technology

    Where Tesla invested more in the Robotaxi is in its central console screen. With a diagonal size of 21 inches, it’s the biggest screen Tesla has ever included in any vehicle.

    This large panel highlights the infotainment capabilities of the purpose-built autonomous Robotaxi, allowing passengers to watch movies or surf the web while the vehicle drives them to their location. For reference, the Cybertruck has the second-largest display in a Tesla, but its "infinity touchscreen" measures only 18.5 inches diagonally.

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  • Sustainable Tech: Wide Wheel Pro’s Role in Eco-Friendly Transport

    Sustainable Tech: Wide Wheel Pro’s Role in Eco-Friendly Transport

    As worries about climate change and the need for sustainable living escalate, individuals are looking for cleaner methods to travel and commute. The Wide Wheel Pro electric scooter emerges as a clever alternative to regular cars. This scooter not only uses energy wisely but also cuts down on carbon emissions usually linked to everyday travel. Let’s take a closer look at how this compact ride can help pave the way for a greener future.

    Wide Wheel Pro – An Eco-Friendly and Efficient Choice

    Designed for both environmentally aware users and those desiring top performance, the Wide Wheel Pro packs quite a punch. With its dual 500W motors, it reaches speeds of up to 26 mph, making it perfect for fast commutes or casual rides. The scooter is powered by a 48V 15Ah battery, allowing for a range of up to 30 miles on one charge, enabling users to travel long distances without needing to recharge frequently.

    A standout feature of this scooter is its wide, foam-filled tires that deliver impressive grip and stability, even on bumpy surfaces. The robust tires combined with dual suspension provide a smooth and enjoyable experience. Weighing in at 54 pounds, the Wide Wheel Pro is fairly light for its strength and performance, making it simple to carry and store, particularly for those living in urban areas.

    Taking Steps to Cut Emissions

    Transportation is a major factor in increasing individual carbon footprints, with traditional vehicles being the main offenders. A standard gasoline car emits a significant volume of CO2 for every mile it travels. Over time, this accumulation leads to a considerable environmental footprint, especially for those who depend on cars for everyday travel.

    Opting for an electric scooter like the Wide Wheel Pro can significantly lessen this impact. These scooters produce no emissions during use, and their energy usage is minimal when compared to the gasoline consumed by cars. While a conventional vehicle releases roughly 0.36 kg of CO2 per mile, electric scooters provide an almost zero-emission alternative, making them perfect for short trips and city travel.

    Gas-Powered Cars vs. Electric Scooters

    The environmental damage caused by gasoline vehicles is tough to overlook. A gasoline car typically emits several tons of CO2 into the air each year, worsening air pollution and climate change. In contrast, electric scooters present a far more eco-friendly transportation option, needing much less energy to function.

    Specifically, the Wide Wheel Pro is a greener choice due to its minimal electricity consumption. Moreover, its manufacturing and upkeep leave a smaller ecological footprint compared to traditional cars. Scooters use fewer raw materials for production, and their lightweight build along with durable parts means they last longer with lower maintenance requirements.

    Real-World Impacts: Evidence and Insights

    Research and reviews have highlighted the real advantages of transitioning to electric scooters. Studies from University College London (UCL) indicate that cities that encourage e-scooter usage could experience a significant reduction in carbon emissions. For instance, in Bristol, moving from car journeys to e-scooter rides resulted in a clear decrease in vehicle emissions and traffic congestion.

    Expert reviews also emphasize the performance and ecological benefits of the Wide Wheel Pro. Micah Toll, a specialist in electric transport, remarked on how the scooter’s extended battery life and energy efficiency make it a superb substitute for short car trips. Additionally, reviewer Ben Fox commended the scooter’s capability to handle steep hills while still being a sustainable choice for urban travel.

    The Wide Wheel Pro electric scooter provides a feasible way to cut down your carbon footprint while allowing for swift and effective transport. Its mix of power, range, and eco-friendly characteristics makes it an appealing choice for commuters keen on decreasing their reliance on gas-fueled automobiles.

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  • Model 3 Performance Range Test Underwhelms, LR RWD Hits 386 Miles

    Model 3 Performance Range Test Underwhelms, LR RWD Hits 386 Miles

    When put through a tough full-to-empty range test on the highway, nearly all Tesla Model 3 variants, except for the highest Performance model, exceeded their EPA estimates, in some cases by a significant margin.

    Best Option for Efficiency

    For those hunting for the most efficient Tesla, the Model 3 Long Range AWD with a Panasonic battery appears to be the best choice right now, just before the Robotaxi arrives.

    This Long Range model performed exceptionally well, surpassing its official EPA estimate of 341 miles by over 20 miles, achieving a total of 365 miles on a single charge. This is nearly as efficient as the Lucid Air Pure, which is known as America’s most energy-efficient electric vehicle.

    Testing Conditions

    The test involved nearly new vehicles driven at a steady speed of 70 mph, with consistent tire pressure, cabin temperature, and load. The cars started from a full charge and continued until the battery was completely drained, close to the starting point, to account for any wind or elevation impacts.

    In this setup, the Model 3 Performance did not do well, running out of battery 15 miles short of its official EPA range of 303 miles. The Model 3 AWD with an LG battery pack was the second least efficient, only managing to exceed its EPA range by 3 miles, while the base RWD version with the LFP battery, which is no longer available in the US, managed to beat its estimate by 5 miles.

    Long Range RWD Performance

    Despite these figures, those are still respectable performances. The new Long Range RWD version, which is the most affordable Tesla, stood out by exceeding its official range estimate by 23 miles, reaching an impressive total of 386 miles on a single charge, the highest of all Model 3 versions.

    It has been recognized for some time that Panasonic provides batteries with superior energy density compared to LG, and the recent highway range test for the Model 3 only reinforces this finding.

    However, it’s worth noting that the high-performance version seems to consume more battery than what its EPA range estimate indicates.

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  • Older Teslas with FSD HW3: Ready for Robotaxi Service

    Older Teslas with FSD HW3: Ready for Robotaxi Service

    According to Lars Moravy, who is the chief engineer at Tesla, even older models like the 2018 Model 3 will be able to experience the autonomous features of the new Robotaxi.

    Robotaxi Specs and Features

    The recently revealed Robotaxi, which seats two, will utilize Tesla’s FSD software powered by the forthcoming AI5, or Hardware 5.0, featuring advanced 3nm computers, cameras, and sensors. This will enable the vehicle to navigate to its destination without needing a steering wheel or pedals.

    Participation in Cybercab Service

    Moreover, all other Tesla models, including the Cybertruck, will also participate in the Cybercab ride-share service. Tesla plans to offer this platform for a fee, allowing owners to rent their vehicles to the Cybercab fleet for any duration they choose, whenever they want.

    Interestingly, it appears that even Tesla cars equipped with the older HW3 can also serve as Robotaxis, contrary to what some might expect. Lars Moravy confirmed this during a casual interview at the "We, Robot" event, stating that any HW3 Tesla is ready to operate as a Robotaxi.

    Upcoming FSD Updates

    In Tesla’s latest roadmap for September and October, there was one unexpected item: the FSD 13 release. Since the FSD 12.5 versions are just now being rolled out to HW3 vehicles, it will be intriguing to see what Tesla has planned with such a significant version jump.

    It’s possible that the FSD 13 update will introduce the Cybercab service framework for the Robotaxi as well as the other vehicles in its fleet. Tesla will need to present this software to regulators if it wishes to obtain permission for unsupervised FSD operations in Texas and California next year, as hinted by Elon Musk.

    Regardless, those with HW3 will certainly be able to utilize FSD 13 too, but it remains unclear if there will be any differences in performance, similar to how FSD 12.5 operates on either Hardware 4.0 or 3.0 systems.

    Lars Moravy (Tesla) via Kim Java (YT)

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  • Cybertruck Warranty Excludes Off-Roading and Sunlight Damage

    Cybertruck Warranty Excludes Off-Roading and Sunlight Damage

    There has been a lot of negative feedback regarding the Cybertruck, from canceled insurance plans to recalls, and many feel that buying this vehicle is a questionable choice. Nonetheless, Tesla has remained firm in claiming that the Cybertruck is just as capable, if not more, than its electric vehicle and traditional rivals. Curiously, this confidence appears to be only skin deep, as a screenshot posted on Reddit highlights a long list of warranty restrictions.

    Warranty Limitations Uncovered

    A Reddit user named turingagentzero recently shared a post with the title "CyberTruck warranty is voided by off-roading (or hitting potholes)." After checking Tesla’s site, it’s evident that the screenshot is indeed from the official warranty document for the Cybertruck. Ironically, the phrase "driving off-road" even gets its own bullet point, even though the Cybertruck is mostly shown driving off-road in the promotional video on Tesla’s website. It’s understandable that driving off-road can lead to uncertainty and might justify a warranty denial. However, Tesla seems to take it further by broadening the definition of off-road in the next bullet point, which disapproves of "Driving over uneven, rough, damaged or hazardous surfaces, including but not limited to, curbs, potholes, unfinished roads, debris, or other obstacles…". Users in the discussion noted some other peculiar points in the document, such as sunlight, environmental factors, insect droppings, and more.

    The Question of Capability

    To clarify, it’s not unusual for auto manufacturers to impose such restrictions in their warranties. The issue here seems to add to the Cybertruck’s mysterious traits and how it is viewed. Is the Cybertruck a rugged vehicle ready to face the apocalypse, or is it a fragile EV that should only be driven on smooth, newly paved roads during partly cloudy weather? Ultimately, it is for the driver to determine.

    turingagentzero on Reddit and Tesla

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  • Elon Musk Highlights Test Driver Boredom Before Model Y FSD Launch

    Elon Musk Highlights Test Driver Boredom Before Model Y FSD Launch

    Tesla might soon submit the required paperwork to get regulatory approval for its Full Self-Driving (FSD) feature to be used without any driver oversight, meaning no warnings or restrictions for the driver.

    Future Plans for Tesla Vehicles

    Elon Musk believes that by next year, Tesla will get the go-ahead for unsupervised FSD, effectively transforming the Model 3 and Model Y into a type of robotaxi, along with the Cybertruck and its other models.

    Challenges with the Robotaxi

    The newly announced Robotaxi by Tesla won’t be able to operate by itself right away. This is because it won’t begin mass production until 2026 at the earliest. Additionally, it will be tougher for regulators to approve its use as a self-driving vehicle since it lacks a steering wheel or pedals.

    Musk pointed out that one of the hurdles to gaining regulatory approval for unsupervised FSD is the boredom of test drivers. To get the necessary permits, Tesla needs to clearly show regulators that it has collected a significant amount of miles driven without any interventions or accidents.

    Statistics and Driver Experience

    He emphasized that the system is improving so much that gathering those statistics is becoming a challenge. Tesla aims to have more vehicles equipped with FSD on the roads, and is currently providing APR financing deals to help meet that goal.

    When it gets to thousands of miles without needing an intervention, the requirement is 10,000 miles for just one intervention. The average driver typically covers about 10,000 miles in a year. In cities, the average speed is around 20 mph. Our professional test drivers often feel bored, honestly. They might say, "I drove all week and there was no intervention." The highlight for them is when they finally get an intervention!

    Geographic Limitations

    Elon did mention that unsupervised FSD will initially be limited to geofenced areas in Texas and California. This means regulators may only allow its use in specific regions and routes, resembling how Waymo’s self-driving cars function.

    He also noted that Tesla is prepared to expand unsupervised FSD to any US area that grants approval, as well as internationally. However, Europe and China are expected to approve the current supervised FSD next year, and the unsupervised version may take longer.

    Regulatory Hurdles Ahead

    Currently, FSD is classified as a Level 2 driver-assist system, so moving to Level 4 or 5 next year could be quite ambitious unless Tesla agrees to adhere to many of the regulatory constraints that other autonomous public transit systems already follow. In summary, if unsupervised FSD does roll out in 2025, it will likely have a limited scope.

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