Tesla has made a long-awaited move, offering customers the option to purchase their leased vehicles at the end of the lease period. This new flexibility allows lessees to keep the car they’ve grown attached to, a feature many drivers have desired for years.
Lease It or Keep It: The New Tesla Offer
In an email…
Rivian and Volkswagen’s joint venture, valued at $5.8 billion, is set to redefine VW’s electric vehicle (EV) strategy. While their collaboration will kick off with Golf EV production, its most significant impact could be reviving Volkswagen’s stalled flagship EV initiative, Project Trinity.
What Is Project Trinity?
First introduced in 2021, Project Trinity was not just…
The high cost of EV battery replacements has been a significant concern for potential buyers, but new analysis suggests that may soon change. According to battery analysis firm Recurrent, the rapidly declining cost of EV batteries could make replacing a battery pack cheaper than repairing a gasoline engine by the end of the decade.
Declining…
Tesla has revamped its referral program, doubling the rewards for current owners who refer new buyers. Whether you’re an existing Tesla owner looking to earn Tesla Credits or a first-time buyer wanting significant discounts, this updated program has something for everyone. Let’s dive into the details of Tesla’s bold move.
Bigger Rewards for Referrers
Tesla…
Mercedes-Benz is stepping into the charging game with its own network, aiming to solve reliability issues that have plagued non-Tesla EV stations. By taking control of charging infrastructure, the automaker is reshaping the EV landscape, providing a reliable and safe alternative to existing networks.
From Building Cars to Building Chargers
Traditionally, automakers focused solely on…
Researchers at Monash University in Melbourne have unveiled a groundbreaking advancement in battery technology: lithium-sulfur (Li-S) batteries with twice the energy density of traditional lithium-ion batteries. Not only are these batteries lighter and cheaper to produce, but they also charge and discharge faster—potentially transforming electric vehicles and aviation. At the core of this innovation is…