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Price gouging has already hit one of the most anticipated new EVs of the year—the 2024 Kia EV9. CarsDirect reports that national dealer inventory data currently shows EV9 markups of up to $7,000 over MSRP. One dealership confirmed to the website that every EV9 on its lot had a $7,000 markup, in fact. Another advertised what was effectively a $4,995 markup, attempting to cross wires with a $3,750 Kia Customer Cash rebate offer (which comes from Kia, not the dealership). 2024 Kia EV9 markups at Kia Downtown Los Angeles, February 2024 It also didn’t take Green Car Reports long to…
In the minds of many Chinese residents, February 25 marks the real start of a new year’s work. (A regulatory filing image of the Yangwang U9.) BYD’s (OTCMKTS: BYDDF) premium brand Yangwang will officially launch its U9 electric supercar about a week from today, kicking off new model launches after the Chinese New Year holiday. Yangwang will hold a launch event for the U9 in Shanghai on Sunday, February 25, according to an invitation shared today by local automotive media outlet Yiche. Yangwang has yet to announce the launch date on its official channels, and the brand shared a video…
Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News! Four DOE Projects Offer a Unified Approach to Measuring, Reporting, and Verifying the Removal of Carbon From the Atmosphere The U.S. Department of Energy (DOE) tapped the National Renewable Energy Laboratory (NREL) to support a new $15 million research effort to improve the measurement, reporting, and verification (MRV) of carbon dioxide (CO2) removal technologies. This newly emerging and rapidly expanding industry has the potential to help mitigate climate change by addressing existing carbon emissions and removing them from the atmosphere. To achieve this goal,…
Listen to a recap of the top stories of the day from Electrek. Quick Charge is available now on Apple Podcasts, Spotify, TuneIn and our RSS feed for Overcast and other podcast players. New episodes of Quick Charge are recorded Monday through Thursday and again on Saturday. Subscribe to our podcast in Apple Podcast or your favorite podcast player to guarantee new episodes are delivered as soon as they’re available. Stories we discuss in this episode (with links): Subscribe to the Electrek Daily Channel on Youtube so you never miss a day of news Follow Mikey: Twitter @Mikey_Electric Listen & Subscribe: Share your thoughts! Drop us…
Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News! Haewoori Offshore Wind 2 (500MW) and 3 (500MW), Copenhagen Infrastructure Partner’s floating offshore wind projects off the coast of Ulsan, Korea have awarded a front-end engineering and design (FEED) contract to Aker Solutions and Principle Power for the floating foundations. CIP’s Haewoori Offshore Wind, Aker Solutions, and Principle Power. As part of the scope, Aker Solutions will coordinate the design and delivery of the floating foundation structures required for the Haewoori Offshore Wind project and perform the front-End Engineering design of the inter-array cable,…
When Scout Motors’ first electric trucks and SUVs roll off the assembly line in 2026, they will attempt to conquer the American market in ways that parent company Volkswagen has never been able to pull off before. And they will do this with something that’s an increasing rarity in the growing electric market: actual, physical buttons. Scout’s president and CEO, Scott Keogh, and its chief designer, Chris Benjamin, both confirmed this at the brand’s factory groundbreaking ceremony in Blythewood, South Carolina today. With their attempt to revive a storied American SUV nameplate, “screen fatigue” won’t be on the menu. Get Fully Charged…
Those looking to get their hands on GM’s highly anticipated Chevy Blazer EV may have to wait even longer. Sales of the new Chevy Blazer EV are still paused as GM looks to overcome software glitches setting the automaker back. Chevy Blazer sales still paused almost two months later GM issued a stop-sale on the new Chevy Blazer in December, four months after opening orders. The company said it was temporarily halting sales to fix a software issue. Almost two months later, Chevy Blazer EV sales are still suspended. Speaking at a conference hosted by Wolfe Research, GM’s CEO Mary…
Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News! Tesla continues to hype up the updated 2024 Tesla Model 3, which emerged out of the project code named “Highland.” It launched in China first, with Europe not far behind, and only recently found its way into Tesla’s home market here in the US. We hopped onto Tesla’s website and booked a test drive online for the following day. It was a painless process and only took a few seconds. The next morning, we headed to our local Tesla showroom, and within a few…
Toyota and Subaru products have some of the best resale values of any mass-market cars. In the luxury world, Lexus vehicles hold onto their values better than products from Mercedes-Benz, BMW, Audi, and others. But while that holds for internal-combustion cars, the depreciation curve is different for the brands’ early electric efforts. The Toyota bZ4X, Subaru Solterra, and Lexus RZ all lie within that category. The Toyota and Subaru start in the mid-$40,000 range, around the same price as many competitors such as the Kia EV6, Ford Mustang Mach-E, and Tesla Model Y. Despite their solid brand reputations, used examples…
Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News! We first met Turkish automotive manufacturer Togg on a 2022 media tour outside of Istanbul in Bursa. At the time, Togg had not produced any electric vehicles, but the company had a factory under construction and an oversized ambition to change the future of transportation in Turkiye. It’s just the bold type of vision that’s crazy enough to come true, and they have been anything but idle at Togg. Istanbul, Turkiye, sits at the intersection of Europe and Asia, and because of this, it…