2025 Volkswagen ID.7 First Drive

The world’s largest car manufacturer was built on the basis of mid-sized sedans. Volkswagen has always been good at building the Passat, and the Passat has always been a fairly mid-range semi-luxury German sedan with at least the surface of quality. For the 2024 model year, VW’s new sedan for daily drivers will be electrified. Source: jalopnik.com

New Polestar 5 Unveiled: Luxury Flagship To Rival The Powerful Tesla Model S

The all-new Polestar 5 was unveiled to the world at this year’s Polestar Day event in Los Angeles. The all-electric luxury GT car will become the brand’s flagship model when it launches in 2025, competing with the likes of the Tesla Model S, Porsche Taycan and Lotus Emeya. We’ve seen plenty of Polestar 5 prototypes… Source: www.drivingelectric.com

Redwood Materials Prepares For Recycling Of First Big Wave Of Used EV Batteries

Redwood Materials says even battery packs that are involved in a crash or fire contain valuable materials that can be recycled and reused. Associated Press In 2024, 250,000 aging electric vehicles will be ready for dismantling and recycling. It might be more than 30%… Source: www.forbes.com

Tesla Price Cuts, Repair Costs Impact Profits, Hertz Delays EV Plans

“The introduction of EVs will be slower than previously anticipated,” Hertz CEO Stephen Sher said during the company’s third-quarter earnings conference. at 5:05pm ET Last week, General Motors and Ford announced they would delay spending on electric vehicles, citing slowing demand for BEVs and the EV price war started by Tesla. Source: insideevs.com

Tesla: Expected Stock Price To Drop To Double Digits By End Of 2024 (NASDAQ:TSLA)

Justin Sullivan/Getty Images News Tesla, Inc. (NASDAQ:TSLA) had a very disappointing September quarter, falling short of consensus expectations for both revenue growth and profitability. While a quarterly consensus miss shouldn’t be a major headwind for most companies, this miss is likely to be a big negative for Tesla. Source: seekingalpha.com