Cleantech & EV'sNews

Model 3 Gets $1,100 Discount in China Amid EV Price War

February 7, 2025
Tesla has implemented a new discount on Model 3 vehicles in China, the world’s biggest EV market, amid a worldwide demand slump for the automaker. We reported that Tesla’s sales in Europe were cut in half in January compared to last year, despite last year already being down. With sales stagnating in the US and going down in Europe, Tesla has been increasingly relying on China, the world’s…
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Cleantech & EV'sNews

Here's an up-close look at the new Tesla Model Y, now in 17 showrooms across US

February 6, 2025
Last month, Tesla unveiled the new Model Y in the United States, featuring an all-new light bar design, a redesigned rear-end, and a refreshed interior. It’s currently available as a “launch series” model, starting at $59,990 – with deliveries beginning in March. The new Model Y is currently in 19 Tesla showrooms across North America, 17 in the United States and 2 in Canada. I took the…
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Cleantech & EV'sNews

A quarter of Tesla's earnings were due to recognizing a $600 million gain on Bitcoin

February 5, 2025
Roughly a quarter of Tesla’s earnings last quarter were due to recognizing a $600 million gain on Bitcoin. Tesla still came short of expectations. Tesla and Bitcoin Tesla is among the few large public companies that invested some of their cash into cryptocurrency. Early in 2021, Tesla invested $1.5 billion in Bitcoin. Shortly after, the automaker started accepting the cryptocurrency as…
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Cleantech & EV'sNews

CATL says Chinese 'EIVs' are surging because they are affordable and more advanced

February 4, 2025
A new term is being used to describe Chinese electric vehicles. The latest buzzword in China is “EIV,” replacing the commonly used “EV.” According to CATL’s co-chairman, Chinese EIVs, or Electric Intelligent Vehicles, are surging as affordable options that offer more advanced tech and capabilities than traditional gas-powered cars. CATL explains why Chinese EVs are being called…
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