Tesla is launching a new “guaranteed future value” (GFV) program that locks in a pre-set resale price for buyers financing a new Model Y or Model 3.
The move directly targets the depreciation fears that have followed Tesla’s own aggressive price cuts over the last two years.
How the program works
The program, launched this week, gives buyers a pre-determined future resale value on their new…
The US public fast-charging network continued to grow in the second quarter of 2026, but a new report suggests the industry is shifting gears. The focus is no longer just on installing as many chargers as possible – it’s increasingly about reliability, customer…
Momentum, the urban-focused bicycle brand backed by cycling industry heavyweight Giant Group, has unveiled its latest commuter e-bike, the Vida E+ EX. Building on the original Vida E+ launched last year, the new model brings several notable upgrades aimed at making everyday…
The IONIQ 3 has received the “highest-ever” levels of customer interest for any Hyundai model (EV or gas), with prices starting under $30,000.
Hyundai IONIQ 3 prices revealed in the UK
Hyundai’s electric hatch made its first public debut “on the road” in the UK at the Goodwood Festival of Speed (FOS) on Friday, ahead of its highly anticipated launch later this year.
The IONIQ 3 has…
A Bengaluru startup called Vimag Labs just secured its fifth Indian patent for an electric motor that runs without any rare-earth magnets, using software and power electronics to generate its magnetic field instead.
It’s a small, $5-million company taking a swing at a…
Samsung has completed its own version of Tesla’s AI5 self-driving chip and is preparing to start production at its foundry in Taylor, Texas, on the company’s latest 2-nanometer process, according to industry officials.
The move confirms Samsung is building AI5 on 2nm —…
Elon Musk told Tesla staff to move to using Grok, the AI model from his own xAI (now folded into SpaceX), according to a memo sent to employees on Friday.
The push comes days after Tesla capped employee spending on third-party AI tools — and it lands even though Musk himself concedes Grok is not as good as its rivals.
What the memo says
Musk told staff they should switch to Grok “when…
BYD’s low-cost Seagull EV, sold as the Dolphin Surf in Europe, is getting another update with a longer body and a more powerful motor.
BYD Seagull EV is due for a refresh
Starting at just 69,800 yuan, or about $10,000, the Seagull is BYD’s smallest, most affordable…
Xiaomi reveals SkyNomad N90: a living room on wheels
July 14, 2026
Xiaomi has revealed the SkyNomad N90, the first model in its new SkyNomad series and the company’s first extended-range electric vehicle. CEO Lei Jun posted the first official exterior images today, and a new regulatory filing confirmed the full specs.
The N90 is a…
Ahead of the updated 2027 model, sales of Volkswagen’s electric minibus bounced back, rising 120%. Meanwhile, the ID.4 is on a brief hiatus as it undergoes a major refresh.
Volkswagen is revamping its EV lineup
The ID. Buzz is returning for the 2027 model year in the US after Volkswagen decided to skip the 2026 model.
Volkswagen confirmed in December that it had “sufficient inventory” of…
