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Lucid Motors, known for its high-end electric vehicles, is set to broaden its appeal with plans for three new affordable models. This news comes from a recent report by Car and Driver. The Mid-Size Program Derek Jenkins, Lucid’s senior vice president of design and brand, revealed to CarBuzz that the company is working on what…
Xpeng, a leading Chinese electric vehicle manufacturer, has announced its latest offering in the competitive EV market – the Mona M03 coupe. This new model is set to disrupt the industry with its remarkably low price point, starting at just 119,800 yuan ($16,812). A Game-Changing Price Point The basic version of the Mona M03 electric…
Tesla owners may soon have a new entertainment option at their fingertips. According to a leaked web post on SiriusXM’s Canadian website, the popular satellite radio service is set to arrive in Tesla vehicles via a future software update, reports not a tesla app. Streaming-Based Service for All Tesla Models Unlike the satellite-based SiriusXM currently…
Electric Vehicle Prices Tumble, Making Them Accessible to More Families The used electric vehicle (EV) market has seen a significant shift, with prices dropping to levels that make previously unattainable models accessible to many families. According to a recent report from The Guardian, high-quality EVs like Tesla Model 3s and Kia e-Niros with substantial range…
Tesla’s Vice President of Finance and Business Operations, Sreela Venkataratnam, has announced her departure from the electric vehicle giant after an impressive 11-year stint. Her exit marks the end of an era that saw Tesla transform from a niche automaker to a global EV powerhouse. This news was first reported by Sawyer Merritt on Twitter…
Lucid Motors, a rising star in the electric vehicle (EV) market, has revealed ambitious plans to expand its lineup and potentially capture market share from industry leader Tesla. The California-based automaker, currently known for its high-end Air sedan, is setting its sights on more affordable and diverse vehicle offerings. Lucid’s “Mid-Size” Program Takes Aim at…
Tesla’s latest color offering for the Model 3 Performance is turning heads at the Century City showroom. The new Quicksilver paint, initially introduced in Europe, has made its way to North American shores, showcasing Tesla’s commitment to innovative aesthetics in the electric vehicle market. According to Zach on X, “Photos don’t do it any justice,”…
According to a recent investigation by WIRED, some electric vehicles are experiencing severe depreciation, losing up to $600 per day in value. This trend presents both challenges and opportunities in the evolving EV market. Steep Drops in EV Value Some electric cars are reportedly losing as much as 50% of their value within the first…
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