Author: Derick Munoz

Derick Munoz is an EV journalist at EVMagz.com, focusing on the business and regulatory side of the electric mobility transition, including automaker strategy, clean transport policy, investment trends, and the expansion of EV infrastructure across major global markets.

Tesla CEO Elon Musk has postponed his planned visit to India, originally scheduled for April 21-22, 2024, citing his busy schedule at Tesla. Musk expressed regret over the delay but affirmed his intention to visit later in the year. Confirming the news on social media platform X, Musk said, “Unfortunately, very heavy Tesla obligations require that the visit to India be delayed, but I do very much look forward to visiting later this year.” https://twitter.com/elonmusk/status/1781541775183610310 Initially reported by India’s CNBC TV18, Musk’s trip seemed well-prepared, with the CEO expressing anticipation for meetings with Indian Prime Minister Narendra Modi and other…

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Tesla’s CEO, Elon Musk, hinted at the imminent launch of Full Self-Driving (FSD) technology in China, responding to queries from users on social media. Musk’s response came as a reply to a user’s post on X, stating, “It may be possible very soon.” Despite having introduced FSD four years ago, Tesla has not yet made it available in China, despite customer requests. This delay has allowed other Chinese automakers to develop and deploy similar software, seeking to gain a competitive edge over Tesla. https://twitter.com/elonmusk/status/1781558948144820578 One such competitor, Xpeng, announced in March its plans to upgrade its advanced driver assistance software,…

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Tesla China has recently updated its order page for the Model 3, leading to revised delivery estimates for the all-electric sedan. The adjusted delivery estimates apply to both the Rear Wheel Drive (RWD) and Long Range Dual Motor All Wheel Drive (AWD) versions of the Model 3 manufactured at Giga Shanghai. According to the updated order page, the estimated delivery dates for the Model 3 RWD and Model 3 Long Range Dual Motor AWD are now listed as 3-6 weeks, compared to the previous estimate of 2-6 weeks. Notably, this update only applies to the Model 3, as the Model…

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Hyundai announced its decision to pause advertising on X, the social media platform previously known as Twitter. The South Korean auto giant cited brand safety issues as the primary reason for this decision. The company is also in direct talks with X, which is now owned by Elon Musk, to address these concerns. The specifics behind Hyundai’s advertising pause remain unclear, with Reuters seeking further comment from the auto manufacturer. This move by Hyundai follows similar actions by other major companies last November. The White House had condemned Elon Musk’s endorsement of what was described as a “hideous” antisemitic conspiracy…

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Zero Carbon Charge, a South African company based in Vredendal, is set to launch a truck charging network powered solely by locally generated solar energy. Approval procedures for the first six locations are currently underway. The company, known for its work on building a high-power charging (HPC) network for cars in South Africa using off-grid solar power, has founded a subsidiary called Zero Carbon Logistics. This new entity aims to set up 120 charging stations for electric trucks on national motorways throughout the country, with the first stations scheduled to open in 2027. The architectural design for the charging parks…

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Li Auto has unveiled its latest electric vehicle (EV) model, the Li L6, as part of its efforts to reach a wider customer base with lower prices. The Li L6, available in both Pro and Max trims, is priced at RMB 249,800 ($34,500) and RMB 279,800, respectively, making it the least expensive model in Li Auto’s lineup. The company began accepting orders for the Li L6 at the launch event, with customers able to place a refundable deposit of RMB 5,000. Customers who order the Li L6 between April 18 and May 5 will receive limited-time benefits totaling RMB 20,000,…

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Tesla is set to unveil a substantial investment of up to $3 billion in India during an upcoming visit by CEO Elon Musk to meet with Prime Minister Narendra Modi, according to reports. The move signifies Tesla’s ongoing efforts to deepen its presence in the Indian market and expand its global footprint. The electric vehicle (EV) giant has been actively pursuing a stronger foothold in India, aiming to introduce its vehicles on a larger scale. However, negotiations between Tesla and India have faced hurdles, with disagreements over import duties and the establishment of a local manufacturing facility. Despite these challenges,…

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Lotus has officially opened orders for its new hyper SUV, the Eletre, in North America, marking a significant step in the company’s transition to producing 100% electric vehicles. Customers in the US and Canada can now customize and order the Eletre, which is the first of a new generation of Lotus SUVs designed to be fully electric. The Eletre is available in two variants in North America: the standard Eletre and the higher-performance Eletre R. Both models feature a dual-motor, all-wheel-drive configuration and are built on Lotus’ proprietary 800V platform, with a 111.9 kWh lithium-ion battery pack. Lotus has positioned…

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BASF has launched its prototype metal refinery for battery recycling in Schwarzheide, Germany, aiming to refine processes for recycling raw materials from old batteries and production waste. The pilot plant will optimize technologies that will later be used in a larger recycling facility to recover valuable metals like lithium, nickel, cobalt, manganese, and copper, according to BASF. The company plans to construct a commercial-scale refinery in Europe in the coming years, although specifics on the location and timeline remain undisclosed. The Schwarzheide site already houses BASF’s cathode material production, which the company touts as a hub for battery material production…

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Tesla is poised to benefit significantly from the US government’s EV tax credit program, with the automaker’s Model Y leading the charge in sales. However, challenges loom for other EV makers as they strive to compete in this rapidly evolving market. The US government has allocated close to $600 million for EV tax credits in the first quarter of this year, with more than 90% of eligible EV buyers taking advantage of the new point-of-sale tax credit reimbursement introduced on January 1st. Tesla, America’s largest EV maker, is reaping the rewards, selling seven times more EVs than its closest competitor,…

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German automotive supplier Mahle has announced securing two major orders for thermal management modules for electric vehicles (EVs), totaling almost 1.5 billion euros. This milestone includes the largest single order in Mahle’s corporate history. The significant order comes from an undisclosed “established, globally positioned vehicle manufacturer.” The second order is from an “up-and-coming, innovative car manufacturer from the Asian region.” This diversification in clients showcases Mahle’s appeal to both traditional automakers and emerging EV startups. The thermal management modules integrate components for controlling battery temperature, vehicle interior, powertrain, and power electronics. This integration enhances system efficiency compared to individual components,…

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Aston Martin, in collaboration with Lucid, had previously announced plans for a modular electric vehicle platform to underpin four new models, including a crossover and a hypercar, with the first electric vehicle slated for a 2025 debut. However, the British luxury automaker has now revealed a significant delay of approximately two years for these models. In an interview with Autocar, Aston Martin’s executive chairman, Lawrence Stroll, cited a discrepancy between the hype surrounding electric vehicles and actual consumer demand, especially at Aston Martin’s price point. Stroll mentioned, “We planned to launch at the end of 2025 and were ready to…

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