Elon Musk: Tesla is waiting for inflation to ‘calm down’ before finally reducing EV prices

Elon Musk says that Tesla is waiting for inflation to “calm down” before it can finally start reducing the prices of its electric vehicles, which have increased 20-30% over the last two years.

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Podcast: Tesla plug as a standard, Hyundai Ioniq 6, Taiga Orca electric jetski, and more

This week on the Electrek Podcast, we discuss the most popular news in the world of sustainable transport and energy. This week, we discuss a push to make the Tesla plug standard, the launch of the Hyundai Ioniq 6, the Taiga Orca electric jetski, and more.

Sponsored by Aventon: Aventon’s award-winning Pace 500 & 350 set a standard for upright cruiser ebikes with new upgrades and design features. Check out the full line on Aventon’s website.

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Polestar CEO shares pricing for upcoming Polestar 3 and 4 SUVs expected to compete with Porsche

Following a completed SPAC merger and fruitful first half of 2022, Polestar continues to ingrain itself in a growing EV market as a genuine contender. Although we won’t see the official debut of the Polestar’s next EV until October, CEO Thomas Ingenlath has shared the starting pricing of the Polestar 3. Additionally, Ingenlath shared insight on the pricing the Swedish automaker is aiming for on the Polestar 4.

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Hover-1 Formula electric go-kart is on sale at new lows of $1,000 or less, more in New Green Deals

Are you ready to ride around this summer and have some fun? Well, you’ll want to consider picking up that’s on sale from $860 today, with up to in savings depending on which color you choose. It’ll deliver up to 15.5 miles of range and go a maximum of 15 MPH, all without a single drop of gas or oil. We also have a wide selection of Tesla, Greenworks, and other e-bike discounts in today’s New Green Deals, so you won’t want to miss that either.

Head below for other New Green Deals that we’ve found today and of course Electrek’s best EV buying and leasing deals. Also, check out the new Electrek Tesla Shop for the best deals on Tesla accessories.

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Hyundai unveils two N brand performance EV concepts ahead of IONIQ 5 N launch

The dawn of performance EV tuning is upon us. After teasing an upcoming N series of EVs, Hyundai has unveiled two “rolling brand” concepts offering upgraded nods to both the automaker’s past, present, and future. These concepts should help wet our beaks until Hyundai officially launches the IONIQ 5 N next year.

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Tesla accounts for half of China’s electric vehicle exportations

Tesla’s Model Y and Model 3 exportation from Gigafactory Shanghai accounts for half of China’s electric vehicle exportation during the first half of 2022.

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1,500 Tesla Powerwall owners have already joined the new virtual power plant in California

PG&E announced that more than 1,500 Tesla Powerwall owners have already decided to joined the new virtual power plant it launched in partnership with Tesla in California.

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VinFast receives $1.2B in incentives from North Carolina to build US plant, the largest economic package in state history

Earlier today, before its simultaneous opening of six stores in California, VinFast announced it has received a massive incentives package to build its EV manufacturing facility in North Carolina. $1.2 billion (with a “b”) to be exact – the largest incentive package in the history of The Old North State.

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Quick Charge Podcast: July 14, 2022

Listen to a recap of the top stories of the day from Electrek. Quick Charge is available now on Apple PodcastsSpotifyTuneIn and our RSS feed for Overcast and other podcast players.

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Two-thirds of new renewables were cheaper than coal in 2021 – IRENA

In 2021, 163 gigawatts (GW) – nearly two-thirds – of new renewable power added was cheaper than the cheapest coal-fired power plants in G20 countries, according to a new report released by the International Renewable Energy Agency (IRENA).

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