That’s A Wrap!
🎆That’s A Wrap!
In this issue, you’ll find our top EV stories of 2023, Tesla’s revamped Model Y, Tesla making available superchargers to outside manufacturers starting in February, how BYD is expanding its presence in Europe, and so much more.
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Happy New Year!
"May we all have a vision now and then, of a world where every neighbor is a friend. Happy New Year."
-ABBA
Top EV Stories From 2023
As 2023 comes to an end, we look back at some of the most exciting EV news of the year and look forward to what 2024 will bring. There were so many big stories that it’s hard to keep track of them all, but we’ve selected our top five for you.
One of the biggest announcements this year was that Tesla would open up its supercharging network to other EVs, with Ford being the first one to sign on. This means that drivers of non-Tesla EVs will soon be able to access the largest and most reliable fast charging network in the world. While this is great news for EV adoption, it also raises some concerns about the potential congestion and wait times at the superchargers. We’ll have to wait and see how it plays out.
In Q1 2023, the Tesla Model Y became the best-selling vehicle in the world, beating the Toyota Corolla for the first time ever. This shows how popular and competitive Tesla’s EVs are, and how the demand for electric mobility is growing globally.
Rivian also made headlines with its launch of the R1T and R1S, the first electric pickup truck and SUV in the market. But what really caught our attention was the amendment of its exclusive contract with Amazon for the Rivian delivery vans. This means that Rivian will be able to sell its electric vans to other customers besides Amazon, which is great news for the electrification of the delivery sector. We can’t wait to see more Rivian EDVs on the road.
Our runner-up news story of the year was the adoption of the NACS (North American Charging Standard) by many major car manufacturers, including BMW, Porsche, Audi, Ford, GM, VW, and more. This means that these EVs will be able to use Tesla’s charging port and supercharging network, as well as other compatible chargers. This will make charging easier and more convenient for EV drivers, and reduce the fragmentation of the charging infrastructure.
And finally, our top news story of the year was the long-awaited delivery of the Cybertruck. After four years since its unveiling, Elon Musk and his team finally delivered the first batch of Cybertrucks to customers in November. The Cybertruck is unlike any other vehicle on the road, with its futuristic design and impressive performance. Many people doubted that Tesla would ever deliver the Cybertruck, but as they say, better late than never. We’ve seen one Cybertruck on the road so far and look forward to seeing more next year. We can’t wait to see what the Cybertruck in black looks like.
That’s it for our top stories of 2023. We hope you enjoyed them and learned something new. We wish you a Happy New Year and thank you for your support. We’re taking a break on Tuesday, but we’ll be back on Thursday with more EV news. See you then!
Top 10ish EV News Stories Powered by EV.Careers
- Tesla is set to launch an updated Model Y SUV at its Shanghai plant with significant interior and exterior changes, targeting mass production by mid-2024.
- Tesla will allow GM and Ford EVs to use its Supercharger network starting in February 2024.
- Automakers are cutting prices, offering attractive lease terms, and providing cash rebates.
- China's GAC-Toyota joint ventures new energy vehicle sub-brand, Bozhi, launched its first model, the Bozhi 4X pure electric SUV, featuring four models with single and dual-motor powertrains, a 66.7 kWh lithium battery, a fast-charging capability, and various interior options, priced between approximately 25,200 to 33,500 USD.
- BYD announced plans to construct a state-of-the-art manufacturing and production center in Szeged, Hungary, marking the first such facility built by a Chinese automotive company in Europe.
- Lucid Motors is developing entry-level electric models set to rival Tesla's Model 3 and Model Y, expected to launch after 2025 but before 2030, featuring the same advanced battery technology as the Air sedan and Gravity SUV, aiming for competitive performance and range, with a starting price of around $50,000.
- General Motors and Ford Motor Company announced that some of their vehicles, including the Cadillac Lyriq, Chevrolet Blazer, E-Transit, Mach-E, and Lincoln Aviator Grand Touring plug-in hybrid, will temporarily become ineligible for U.S. electric vehicle tax credits beginning on January 1, 2024, due to two minor components with Chinese content; however, eligibility is expected to be reinstated in early 2024.
- NIO Day 2023 in Xi'an, China, saw the debut of the NIO ET9, a smart electric executive flagship, showcasing advanced technologies, a luxurious interior, and a focus on high-end business users, featuring a length of 5,325mm, a Landjet design.
- Mullen Automotive has delivered an additional 63 Class 3 vehicles to Randy Marion Automotive Group.
- The IRS has updated its FAQs to clarify the eligibility rules for the new clean vehicle credit, especially regarding the foreign entity of concern and critical mineral requirements. Enjoy the 20 pages of reading.
- Tesla is expected to fall short of Elon Musk's ambitious goal of 2 million annual electric vehicle deliveries, likely delivering a still impressive 1.82 million vehicles globally in 2023.
Larry Chen Crashes an IONIQ 5 N
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