Author: Derick Munoz

Tesla has implemented a new strategy to boost sales and clear its inventory of Model S and Model X vehicles by the end of the quarter. In a bid to achieve favorable financial results, the company is offering attractive discounts and incentives for customers who take delivery of these vehicles before the quarter concludes. Previously, Tesla had provided three months of free Supercharging for those purchasing a Model 3 by the end of June. However, the incentives have now been expanded to include the Model S and Model X, with even more substantial discounts available. Some vehicles have seen their…

VinFast, the electric vehicle (EV) manufacturer in Vietnam, has reported a significant decline in revenue for the first quarter of this year. The company’s revenue dropped by 49%, while its net loss widened to $598 million. This is the first full reporting period since VinFast started exporting its vehicles to the United States. VinFast disclosed these figures in a filing with U.S. securities regulators on Thursday. The company is currently in the process of merging with a blank-check company, which is expected to value VinFast at $23 billion. The net loss for the first quarter of this year is higher…

Vietnamese electric vehicle (EV) manufacturer VinFast has unveiled a new after-sales policy aimed at providing support to its customers in the event of EV breakdowns. This policy, which is separate from the warranty program, will entitle eligible customers in the United States, Canada, and Vietnam to either a service voucher or cash reimbursement. Under the new policy, VinFast has categorized the issues into three types for the US market: Type 1 issues: These inconveniences do not affect the vehicle’s usability. Customers experiencing Type 1 issues will receive USD 100 for each occurrence. Type 2 issues: These render the vehicle inoperable.…

The Microlino, a two-seater electric microcar, has achieved a significant milestone as its 1,000th vehicle completes production at its factory in Turin, Italy. While the Microlino may not accommodate an entire family or be suitable for road trips, one thing is certain: its eye-catching design is undeniably cool. Designed to replace larger cars in urban areas, the Microlino offers a compact yet capable vehicle that optimizes space utilization. The Microlino boasts a top speed of 90 km/h (56 mph) and is powered by a 12.5 kW (16.8 hp) motor, making it suitable for various city commuting needs. Although it resembles…

United Airlines and Eve Air Mobility have announced their plans to launch electric commuter flights in the San Francisco Bay Area, introducing a sustainable and efficient mode of transportation while reducing emissions. This initiative signifies United Airlines’ commitment to environmental responsibility and its investment in innovative technologies. In 2021, United Airlines made headlines as the first major airline to publicly invest in two eVTOL (electric vertical takeoff and landing) companies. Their initial investment was in Archer Aviation, a partnership that paved the way for the forthcoming electric air taxi route in Chicago. This route will utilize Archer’s Midnight Aircraft, capable…

In a recent announcement during the Toyota Technical Workshop 2023 presentation, Toyota revealed its plans to incorporate a simulated manual gearbox for electric vehicles (EVs) in its upcoming models. This innovative feature, initially showcased in a Lexus prototype last year, aims to provide a unique and immersive driving experience by replicating the feel and sounds of a traditional internal combustion engine (ICE) vehicle. Takero Kato, president of Toyota’s newly established BEV Factory division, expressed the company’s ambition to offer customers a remarkable driving experience that elicits a “wow” factor. The simulated manual gearbox system will be one of the exciting…

Tesla CEO Elon Musk announced yesterday at an energy conference in Austin, Texas, that the higher-volume production of the Semi Class 8 electric semi-truck is not expected to commence before late 2024. Musk attributed this delay to battery supply constraints, as reported by the Wall Street Journal. While specific details regarding the definition of “higher-volume production” were not provided during the conference, Musk had previously stated that the Tesla Semi would achieve an annual production of 50,000 units beginning in 2024. During the Q3 2022 earnings call in October 2022, Musk mentioned that it would take approximately one year to…

Rimac Automobili, the Croatian electric hypercar manufacturer, has recently delivered its first customer unit of the highly anticipated Rimac Nevera in the United States. The prestigious vehicle was handed over to its owner by Manhattan Motorcars, a renowned dealer based in New York, along with representatives from Rimac Automobili. This particular Nevera model boasts an exquisite Gunpowder Gray exterior finish with a captivating pearlescent effect that perfectly complements the car’s exposed carbon fiber components. The Gunmetal Infinitus shade adorns the wheels, while the brake calipers sport an understated gloss black hue. Additionally, the US-spec Nevera is distinguished by its yellow…

Buick has recently introduced two new all-electric crossovers. The latest addition to the lineup is the Electra E4, which was unveiled today. Boasting an elegant design and a luxurious interior, the Electra E4 demonstrates Buick’s commitment to providing premium electric vehicles. Described by Buick as “premium and sporty,” the exterior of the Electra E4 draws inspiration from the Electra-X concept. The slim “checkmark” headlights, a prominent lower grille, and a sharp nose resemble its larger sibling, the Electra E5. However, the Electra E4 sets itself apart with a more sloping roofline, creating a distinctive and sporty crossover coupe appearance. Additionally,…

NIO, the Chinese electric vehicle manufacturer, has announced the official launch of the ET5 Touring on June 15. Following the launch event, deliveries of the new model will commence. The launch event, set to take place at 19:00 Beijing time on June 15, will be a multi-country affair, spanning six countries. According to the NIO App release, the ET5 Touring will be available to consumers in China, as well as in Norway, Sweden, Denmark, the Netherlands, and Germany. Pre-orders for the ET5 Touring are now being accepted from Chinese consumers, although detailed specifications and pricing information have yet to be…

VoltAero, a domestic hybrid aircraft developer, has received a substantial grant of 5.6 million euros from the French government. The funding will be allocated towards the advancement of the Cassio 330 hybrid aircraft, a significant milestone in the company’s ambitious plans. The Cassio aircraft series, which VoltAero is currently developing, encompasses three distinct variants: the five-seat Cassio 330, the six-seat Cassio 480, and the twelve-seat Cassio 600. Each model is named after its respective propulsion power in kilowatts, showcasing the range of options available to potential customers. Notably, the VoltAero aircraft represents an entirely fresh design rather than a modified…

LiveWire, the electric motorbike brand of Harley-Davidson, is set to witness a leadership change as Karim Donnez takes on the role of the new CEO, effective from June 12, 2023. Donnez will replace Jochen Zeitz in this position, although Zeitz will continue to serve as the Chairman of the LiveWire Group. Donnez brings a wealth of experience to LiveWire, having previously worked at Bombardier Recreational Products (BRP), Rio Tinto, and Accenture. With a proven track record in driving transformational growth through strategic development and implementation, Donnez is expected to lead LiveWire as an entrepreneurial business leader, as stated by Jochen…