Category: EV vehicles

  • Tesla’s New LFP Battery Factory Could Lower Model Y and 3 Prices

    Tesla’s New LFP Battery Factory Could Lower Model Y and 3 Prices

    Key Takeaways

    1. Tesla previously relied on Chinese-made LFP batteries, which disqualified its basic Model 3 from federal tax credits.
    2. The company is building its own LFP battery factory in Nevada to produce affordable batteries for electric vehicles and energy storage solutions.
    3. Tesla’s new LFP factory aims to enable the return of more affordable models like the standard-range Model 3 and a cheaper RWD Model Y.
    4. Future challenges include potential elimination of federal tax credits and reliance on older production equipment compared to competitors’ advanced technology.
    5. American-made LFP batteries may not be as cost-effective as Chinese counterparts but will help reduce reliance on China and support more affordable vehicle options in the U.S. market.

    Before President Biden’s administration introduced federal tax credit subsidies for batteries and electric vehicles made in the US, Tesla primarily sold its least expensive standard-range models equipped with batteries from China.

    These CATL iron phosphate (LFP) cells, produced by the world’s largest battery manufacturer, caused vehicles like the basic Model 3 to miss out on federal tax credits since they were merely assembled in Fremont, while the actual components came from China.

    Tesla’s New Battery Factory

    In response, Tesla opted to construct its own LFP battery factory, recognizing that the affordable LFP technology is essential not just for mainstream electric vehicles but also serves as a foundation for energy storage solutions. This includes popular mobile power stations in the Anker Solix series and Tesla’s large Megapacks.

    Although Biden’s clean energy tax credits might be at risk due to the proposed Big Beautiful Bill federal budget pending a vote, Tesla is proceeding with its LFP battery factory project.

    Progress in Production

    The company revealed that the installation of the LFP production line in Nevada is “nearing completion,” suggesting that its initial products featuring made-in-the-US LFP batteries are imminent. Currently, Tesla delivers its least expensive RWD Model Y with 2170 cells, which do not utilize the affordable iron phosphate chemistry. Therefore, the LFP factory could enable a more affordable RWD Model Y and bring back the standard-range Model 3 as the least expensive Tesla vehicle.

    However, it’s uncertain how competitive Tesla’s new LFP battery will be. The company aimed to navigate around the made-in-US tax credit requirements similar to Ford’s strategy for its LFP cell facility. Instead of purchasing Chinese cells directly, Tesla sought production line equipment and expertise from CATL.

    Future Challenges

    While this strategy technically qualifies Tesla’s LFP batteries for the $45/kWh federal subsidy on the completed pack, the tax credit may be eliminated as soon as this year, possibly leaving Tesla with outdated equipment. CATL’s state-of-the-art LFP cells that power direct competitors to the Model Y, like the Xiaomi YU7, boast some of the highest energy densities in their category and can charge in just 12 minutes. By the time the Nevada factory begins mass production of made-in-US cells, the equipment supplied to Tesla will be two years old.

    Furthermore, Tesla is unlikely to implement the more affordable but intricate dry electrode manufacturing process from its 4680 Cybertruck battery for the LFP ones, since CATL employs a different design and production technique for their iron phosphate cells.

    Nonetheless, while the American-made Tesla LFP batteries may not be as cost-effective as those sourced directly from CATL, they will reduce Tesla’s reliance on China for Megapacks and may facilitate the introduction of more affordable Model Y and Model 3 options in the US market as well.

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  • Leapmotor B01 Launch: 650 km Range and $14,700 Starting Price

    Leapmotor B01 Launch: 650 km Range and $14,700 Starting Price

    Key Takeaways

    1. The Leapmotor B01 electric sedan starts at RMB 105,800 ($14,700) and offers a driving range of up to 650 km.
    2. The B01 has five trim options, with the first three trims providing a 550 km range and priced between RMB 105,800 and RMB 125,800.
    3. The car features a lithium iron phosphate (LFP) battery that charges from 30 to 80 percent in just 18 minutes, with options for 56.2 kWh or 67.1 kWh.
    4. Leapmotor aims to sell 40,000 units of the B01 monthly and has already surpassed 800,000 total deliveries by June 2025.
    5. The company exports its vehicles globally, entering European markets, although facing potential tariff challenges for sales in the US.

    The Leapmotor B01 electric sedan is ready for pre-order with a starting price of RMB 105,800 ($14,700) and can go as far as 650 km (according to CLTC estimates). This move is part of the brand’s strategy to offer lower prices than its competitors.

    Trim Levels and Pricing

    The B01 comes in five different trim options. The first three trims can achieve a distance of 550 km between charges, priced at RMB 105,800, RMB 115,800, and RMB 125,800 respectively. The pricier trims start from RMB 125,800 and go up to RMB 135,800, boasting a longer driving range of 650 km.

    In contrast, the Xpeng Mona M03 begins at RMB 129,800 ($18,040) and has a driving range of 502 km.

    Battery and Performance

    Leapmotor states that the lithium iron phosphate (LFP) battery, available in 56.2 kWh or 67.1 kWh variants, can charge from 30 to 80 percent in just 18 minutes.

    When it comes to performance, the B01 can be bought with either a single-motor or double-motor configuration, delivering an output of up to 292 kW. The quickest trim can accelerate from 0 to 100 km/h in just 6.4 seconds.

    Sales Goals and Market Presence

    Leapmotor has set an ambitious goal of selling 40,000 units monthly for the B01, aiming at the budget-friendly segment of the market. In May 2025, the carmaker managed to deliver over 45,000 units, leading to total deliveries surpassing 800,000 by June. They plan to reach over half a million deliveries by year-end.

    Leapmotor also exports its electric vehicles worldwide. Although tariff issues may hinder sales in the US, the company has made its way into Europe, where it sells the C10 SUV and the compact TO3 model.

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  • Xiaomi YU7 Buyers Face Year-Long Wait Due to High Demand

    Xiaomi YU7 Buyers Face Year-Long Wait Due to High Demand

    Key Takeaways

    1. Over 200,000 pre-orders for Xiaomi’s YU7 series of electric SUVs were received within three minutes of launch.
    2. Demand exceeded Xiaomi’s yearly production capacity, with total pre-orders reaching 289,000 in the first hour.
    3. Significant wait times are expected, with the entry-level model having delivery dates exceeding one year.
    4. Flexible installment payment options are available, allowing down payments between 15% and 85% of the vehicle price.
    5. Xiaomi aims to increase production capacity to 350,000 units by 2025 to address the current backlog.

    Just three minutes after the launch of the YU7 series of electric SUVs by Xiaomi, over 200,000 pre-orders came in, including 120,000 non-refundable deposits. This clearly shows the serious intent of buyers.

    Rapid Growth in Orders

    In the first few hours after the launch, the number of orders exceeded the brand’s current yearly production capacity, highlighting the vehicle’s instant popularity. The trend didn’t stop there; total pre-orders skyrocketed to 289,000 within just the first hour. By the time 18 hours had passed, Xiaomi reported that confirmed orders had doubled to 240,000 — an astonishing number that demonstrates remarkable consumer interest.

    Long Wait Times Ahead

    This increase in demand has caused significant wait times for excited customers. Checking Xiaomi’s official site shows the following estimated delivery dates: The entry-level YU7, which is priced at CN¥253,800, has the longest lead time, exceeding a year. The mid-range Pro, costing CN¥279,900, and the premium Max at CN¥329,900, also have shorter but still considerable waiting periods.

    To assist buyers with their financial obligations, Xiaomi is providing flexible installment options ranging from 12 to 60 months, with down payments between 15% and 85% of the total price. While Xiaomi is working hard to boost its production capacity — with a goal of 350,000 units by 2025 — the current backlog presents a significant logistical challenge and tests customer patience.

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  • Lease 2026 Hyundai Ioniq 9 for $419/month or 1.99% APR

    Lease 2026 Hyundai Ioniq 9 for $419/month or 1.99% APR

    Key Takeaways

    1. Special Independence Day Promotions: Hyundai offers attractive deals for the 2026 Ioniq 9, including lease and financing options, available until July 7.

    2. Leasing and Financing Options: Lease starts at $419/month for 36 months with a $4,999 upfront payment; financing available at 1.99% APR for up to 60 months with up to $5,000 down payment support.

    3. Incentives for Specific Groups: Additional savings of $500 for Military personnel and $400 for recent College Graduates applicable until the end of 2025.

    4. Impressive Specs: The Ioniq 9 starts at $58,955, offers a driving range of up to 335 miles, and can recharge from 10% to 80% in under 25 minutes.

    5. Notable Features: Includes flexible seating arrangements, dual 12.3-inch displays, advanced driver-assistance systems, a head-up display, and 21.9 cubic feet of cargo capacity.

    Buyers on the hunt for a family-friendly electric vehicle with zero tailpipe emissions can still benefit from Hyundai’s special Independence Day promotions for the 2026 Ioniq 9. This three-row SUV is a unique find in the EV market and becomes even more appealing with the current offers available.

    Exciting Lease Opportunities

    Hyundai is rolling out an attractive lease offer that starts as low as $419 per month for a period of 36 months, requiring an upfront payment of $4,999.

    For those considering financing, Hyundai is providing a competitive 1.99% APR for terms of up to 60 months. To make the deal even more enticing for a fresh model, Hyundai is including up to $5,000 in down payment support.

    Limited Time Offers

    These special offers will be available until July 7.

    Additionally, there are other options for savings on the Ioniq 9, including benefits for Military personnel ($500) and recent College Graduates ($400). These incentives can be applied to the lease payment and are valid until the end of 2025.

    The starting price for the 2026 Ioniq 9 is $58,955, and it comes in six different trim options. It boasts an impressive driving range of up to 335 miles based on EPA estimates, and it can recharge from 10% to 80% in less than 25 minutes. With the NACS port, it can access Tesla’s extensive network of Superchargers.

    Notable Features

    Key features of the Ioniq 9 include a second row that can be arranged with either two captain’s chairs or a bench seat, dual 12.3-inch displays for both the instrument cluster and infotainment system, a variety of advanced driver-assistance systems (ADAS), a head-up display (HUD), and a generous cargo capacity of 21.9 cubic feet

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  • SpaceX Offers Starlink Mini Kit Discount and Service Credit in US & Canada

    SpaceX Offers Starlink Mini Kit Discount and Service Credit in US & Canada

    Key Takeaways

    1. SpaceX offers a promotion for Starlink Mini Kit purchasers in the US and Canada, valid until July 7.
    2. US customers receive a $100 discount on the Mini Kit and a $100 service credit applied in the second month of their Roam plan.
    3. Canadian buyers pay CAD 499 (down from CAD 599) and receive a CAD 150 service credit.
    4. Starlink’s monthly plans for US users are $50 for 50 GB and $165 for unlimited, while Canadian prices are CAD 70 and CAD 189, respectively.
    5. The Mini Kit is designed for travelers, featuring a compact size, built-in WiFi, high download speeds, and quick setup for on-the-go use.

    Starlink Mini Kit purchasers in the United States and Canada can benefit from SpaceX’s new promotion that makes mobile internet a bit more affordable. The company is providing a discount on the mini receiving devices, along with a service credit, if both the purchase and the plan activation are completed by July 7.

    Savings for US Customers

    In the US, buyers can enjoy a $100 discount off the regular price of $499 for the Mini Kit. Additionally, they will receive an extra $100 in service credit, which will be automatically applied during the second month after they enroll in a Roam plan.

    Canadian Offers

    For those in Canada, Starlink users will only have to pay CAD 499 instead of the usual CAD 599. They will also receive a CAD 150 service credit.

    Starlink provides personal roaming monthly plans in the US at a rate of $50 per month for 50 GB, and $165 for unlimited access. In Canada, these plans are priced at CAD 70 and CAD 189 per month, respectively.

    Designed for On-the-Go Users

    The Mini Kit is tailored for people who are frequently traveling, such as adventurers and RV lovers. It features a built-in WiFi router and is compact and light enough to fit in a backpack. Users can achieve download speeds exceeding 100 Mbps, even while moving at speeds up to 160 km/h. The setup process is quick, and the equipment is durable enough to be mounted on vehicle roofs using accessories offered by Starlink.

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  • Tesla Shares Video of First Model Y Self-Delivery to Customer

    Tesla Shares Video of First Model Y Self-Delivery to Customer

    Key Takeaways

    1. Tesla achieved the first-ever autonomous car delivery with a Model Y navigating from the factory to a customer’s home without any human intervention.
    2. The Model Y’s journey from Giga Texas to the owner’s residence took approximately 30 minutes and included various terrain types.
    3. Tesla’s CEO Elon Musk confirmed that the delivery was entirely autonomous and no remote operation was involved.
    4. The electric SUV reached speeds of 72 m/h (116 km/h) during its self-guided trip, showcasing the vehicle’s capabilities.
    5. While the future of self-delivery in Tesla’s business model is uncertain, this milestone enhances the company’s public image and reflects advancements in driverless technology.

    It’s a thrilling moment to be living in a time when our vehicles can navigate their way to us. Tesla has made history by completing the first-ever autonomous car delivery, and they have shared a video to prove it. The company released a three-and-a-half-minute video on X showcasing the inaugural self-guided trip from the factory to the customer’s residence.

    The Journey of the Model Y

    The Model Y departed from Giga Texas located in Austin and made its way to its new owner’s house all by itself. This journey took roughly 30 minutes and, as mentioned in the post, it traversed various routes including parking lots, highways, and different city areas.

    Earlier, Tesla’s CEO Elon Musk had shared his thoughts about this milestone on his personal X account. He mentioned that the delivery was entirely autonomous without any remote operation at any time, and the video clearly shows that no one was inside the Model Y during its journey.

    Speed and Milestones

    Ashok Elluswamy, who leads the company’s artificial intelligence and Autopilot divisions, stated that the electric SUV hit speeds of 72 m/h (116 km/h) during this remarkable ride.

    Interestingly, the self-delivery took place just a day before Musk had indicated it would occur, which would have coincided with his 58th birthday. This event followed closely after Tesla had introduced their Robotaxi service.

    Tesla had previously shared footage of cars moving from the assembly line to their parking spaces at Giga Texas. The newest video illustrates the company’s confidence in allowing its electric vehicles to roam independently in real-world scenarios.

    Future of Self-Delivery

    At this point, it remains unclear how significantly Tesla will incorporate self-delivery into its business model. Nevertheless, this latest achievement serves as an impressive and well-earned public relations boost for the company and the future of driverless technology overall.

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  • Global Electric Vehicle Sales Reach 56 Million, China Leads Market

    Global Electric Vehicle Sales Reach 56 Million, China Leads Market

    Key Takeaways

    1. The global fleet of electric vehicles has reached 56 million, with China holding 56% of this total (31.4 million EVs).
    2. The United States is the second-largest market for electric vehicles, with 6.4 million, followed by Germany (2.6 million), the UK (2.1 million), and France (2.1 million).
    3. New registrations of electric vehicles are growing rapidly, with an increase from several hundred thousand to 3.7 million in recent years, particularly in China.
    4. China’s electric vehicle market is supported by a strong local manufacturing sector, leading to competition for Tesla from companies like BYD, Nio, Xpeng, and Xiaomi.
    5. The count of electric vehicles includes fully electric cars, plug-in hybrids, and vehicles with range extenders, as well as those no longer in service.

    Electric vehicles are becoming more and more popular, as shown by a recent study. The Centre for Solar Energy and Hydrogen Research Baden-Württemberg (ZSW) from Germany found that the global fleet of electric vehicles has reached a total of 56 million, with the majority found in China.

    Dominance of China

    China leads the world in electric vehicle ownership, with 31.4 million EVs, which represents 56 percent of the global total. The United States follows as the second-largest market, home to Tesla, the leading electric car manufacturer, with 6.4 million EVs. Germany holds the third position with 2.6 million, while the United Kingdom and France each have 2.1 million electric vehicles. Norway, with one million EVs, ranks sixth but has the highest number of electric vehicles per person by a large margin.

    Growing Registrations

    The study interestingly notes that new registrations of electric vehicles are growing faster than the overall fleet. The gap has increased from several hundred thousand to 3.7 million over the past few years, largely due to developments in China, where older vehicles are being taken off the roads at a quicker rate.

    Competition in the Market

    In China, the growth of electric vehicle adoption is driven by a robust local manufacturing sector. Tesla is now facing fierce competition from companies like BYD, Nio, Xpeng, and the new player Xiaomi. This competition is expanding globally as more Chinese brands aim to reach international markets and increase their presence.

    The count from ZSW included fully electric cars, plug-in hybrids, and vehicles with range extenders. It also took into account the electric vehicles that are no longer in service or have been scrapped.

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  • Xiaomi YU7 Series: Details on New EVs YU7, YU7 Pro, YU7 Ultra

    Xiaomi YU7 Series: Details on New EVs YU7, YU7 Pro, YU7 Ultra

    Key Takeaways

    1. The YU7 is a mid-to-large SUV with sporty dimensions: 4,999 mm long, 1,996 mm wide, and 1,600 mm high, featuring a 3,000 mm wheelbase.
    2. All models are powered by the Xiaomi HyperEngine V6s Plus, producing 288 kW and 528 Nm of torque.
    3. The vehicles support 800 V fast charging, allowing a battery charge from 10% to 80% in just 21 minutes.
    4. The lineup shares the same braking and suspension systems, enhancing performance consistency.
    5. These vehicles are currently available only in the Mainland China market.

    Measuring 4,999 mm (196.81 inches) in length, 1,996 mm (78.58 inches) in width, and 1,600 mm (62.99 inches) in height, with a wheelbase of 3,000 mm (118.11 inches), the YU7 presents itself as a mid-to-large SUV with a sporty look. The heart of all three variations is the Xiaomi HyperEngine V6s Plus, which boasts a maximum power output of 288 kW, along with 528 Nm of torque and a remarkable 22,000 RPM.

    Fast Charging Capabilities

    Xiaomi claims that each model supports 800 V charging, allowing the battery to charge from 10% to 80% in just 21 minutes. They also feature the same braking and suspension systems across the lineup. Additionally, they are fitted with the Snapdragon 8 Gen 3 for the cockpit, as well as the next-gen Nvidia Drive AGX Thor for driving assistance. This tech delivers an impressive computing power of 700 TOPS. Below is a comparison of the models:

    Availability Notice

    Please note that these vehicles are currently limited to the Mainland China market.

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  • Tesla Recalls 48 Model 3 and Model Y for Loose Seat Fasteners

    Tesla Recalls 48 Model 3 and Model Y for Loose Seat Fasteners

    Key Takeaways

    1. A recall affects a limited number of 2026 Tesla Model 3 and Model Y vehicles due to incorrectly installed front seat fasteners.
    2. The affected vehicles were manufactured between April 3 and May 7, 2025, including 18 Model 3s and 30 Model Ys.
    3. The issue arose from a change in production, where a critical step in the seat fastener torque check was skipped.
    4. Customers may notice signs like rattling seats and can check if their vehicle is affected using Tesla’s VIN Recall Search tool.
    5. The remedy involves a free visit to a Tesla service center for proper assessment and adjustment of the fasteners, with no reported injuries or deaths related to the issue.

    A limited number of 2026 Tesla Model 3 and Model Y vehicles are being recalled. According to documents submitted to the National Highway Traffic Safety Administration (NHTSA), the recall is due to front seat fasteners that were installed incorrectly.

    Details of the Recall

    The affected vehicles were made between April 3 and May 7, 2025, and include 18 Model 3s and 30 Model Ys, which feature both standard and Performance versions.

    Tesla has identified that the issue arose from a change in their production process, which involved skipping a critical step in the final seat fastener torque check. This alteration could result in the car leaving the factory with some fasteners either loose or entirely absent, meaning the seats may not hold passengers securely in case of an accident.

    Signs and Solutions

    Tesla mentions that customers might notice signs such as rattling seats. Owners can verify if their Model 3 or Model Y is part of the recall by checking their VIN on Tesla’s VIN Recall Search tool.

    The remedy will necessitate a visit to a Tesla service center, where technicians will assess the seat and either properly torque or replace the fasteners as necessary. This service comes at no cost, as the vehicles are still under warranty.

    Safety Status

    As of now, Tesla has not reported any injuries or deaths linked to the fasteners. The initial case was found by service technicians in May.

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  • Hyundai and Kia Up to $17K Off Ioniq 5, EV9, and Electric Cars

    Hyundai and Kia Up to $17K Off Ioniq 5, EV9, and Electric Cars

    Key Takeaways

    1. Hyundai and Kia are offering discounts up to $17,000 on electric vehicles (EVs) in key global markets.
    2. Significant discounts are available on popular models like the Ioniq 5, Ioniq 6, and EV9 in various regions including North America, Europe, and Asia.
    3. The discounts are partly a response to a 25% tariff on imported cars in the US, aiming to maintain sales amid expected declines.
    4. Hyundai and Kia are targeting a 10% increase in sales outside the US as they adapt to market changes.
    5. Both automakers are increasing production in the US to mitigate the impact of import taxes.

    Hyundai and Kia customers are set to enjoy substantial discounts on their new electric vehicle (EV) purchases. These two related brands are providing discounts of as much as $17,000 on their electric models in key markets around the world, especially as the US prepares for potential price increases.

    Global Discounts on Popular Models

    The South Korean manufacturers have initiated major campaigns in North America, Europe, the Middle East, as well as Asia and Central and South America, featuring significant offers on popular electric vehicles like the Ioniq 5, Ioniq 6, and the EV9. According to a report from the Korea JoongAng Daily, buyers in Serbia can take advantage of a discount of $17,400 on the Ioniq 5 and Ioniq 6. Promotions are also happening in Thailand and Chile, with similar discounts available for non-EV models.

    Impact of U.S. Market Changes

    In a twist of fate, Hyundai and Kia customers might owe their good luck to the situation in the US. The aggressive marketing strategies are likely designed to compensate for an expected drop in sales in the largest car market in North America, where a 25 percent tariff on imported cars has been put in place by the federal government.

    The Korea JoongAng Daily has stated that Hyundai and Kia have told their regional managers to aim for a 10 percent increase in sales in other areas. The South Korean automakers have committed to keeping prices stable in the US until July 7, but they may need to raise them if the tariff remains unchanged.

    Adapting to Market Dynamics

    Hyundai and Kia are acutely aware of fluctuations in the US automotive scene, which contributes to about 25 percent of their global revenues. However, both companies are rushing to boost production within the US to avoid the heavy import taxes that could affect their sales.

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