‘World’s largest’ second-life EV battery factory opens in just six weeks

Moment Energy has officially opened what it says is the world’s largest second-life EV battery factory, bringing new battery energy storage manufacturing capacity online just six weeks after announcing the project.

The Hyundai IONIQ 3 is the affordable electric hatch we want but can’t have

The IONIQ 3 is a high-tech, fully electric hatch that the US will miss out on. It can drive over 300 miles on a single charge and is Hyundai’s first vehicle in Europe to use its new Pleos Connect infotainment system.

Iberdrola kicks off its first large-scale battery project in the US

Spanish renewable energy and electricity giant Iberdrola is constructing its first battery energy storage project in the US as utilities race to add more storage to strengthen the grid.

Subaru’s 375-hp AWD Trailseeker EV starts under $40,000

The Trailseeker was Subaru’s best-selling electric SUV last month. Starting at under $40,000, the “go-anywhere, rugged SUV” offers a spacious interior, standard AWD, and a combined 375 horsepower.

Kia axed its affordable EV, but a replacement is set to go on sale soon

Kia is dropping the Niro EV from its 2027 US lineup and will only sell the hybrid version. The EV3 will replace it later this year as Kia’s most affordable electric vehicle.

Velotric + Heybike July 4th e-bike sales with up to $828 savings, Samsung Bespoke AI ventless washer/dryer $1,850, Greenworks, more

Leading our Thursday Green Deals is Velotric’s 4th of July Sale with up to $812 e-bike savings, which is offering another chance to score the Fold 1 Plus Folding e-bike with SensorSwap tech and Apple Find My at its $1,399 low, among other models. There’s also Heybike’s own July 4th e-bike sale with up to $828 savings that starts from $999 prices, as well as Samsung’s Bespoke AI All-in-One Ventless Washer/Dryer Combo down at $1,850, deals on a 60V Greenworks pole saw and the 600 CFM Worx Trivac, and much more waiting for you below. There are also all the hangover deals we’ve collected at the bottom of the page for you, like yesterday’s new low prices on the Juiced Scrambler e-bike bundles, the Baseus X1 Pro dual-tracking solar security camera post-Prime Day deal, and more.

Head below for other New Green Deals 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.

Tesla launches Model Y L in US — 6 seats, 325 miles, $61,990

Tesla has launched the Model Y L, its stretched, three-row, six-seat SUV, in the US and Puerto Rico. The automaker confirmed the launch on Thursday, with the vehicle now configurable online.

The Model Y L arrives first as a “Launch Series” priced at $61,990 — more than Tesla’s own Model Y Performance and both of its main three-row EV rivals.

Hydrogen for heavy trucks is dead, says world’s 2nd-largest oil company

Hydrogen heavy trucks are being displaced by electric ones, as advancements in batteries and charging infrastructure eat away at the advantages of hydrogen, according to Sinopec’s internal magazine.

Lucid overhauls its entire C-suite under new CEO after 18% layoffs

Lucid is replacing almost its entire executive team under new CEO Silvio Napoli, bringing in a new CFO, CTO, and three other C-level leaders in a single announcement.

The overhaul lands just over a week after the struggling EV maker cut 18% of its workforce and pulled its 2026 production guidance.

Toyota is paying up after canceled flagship EV triggers ‘unprecedented’ shock

Toyota will at least partially compensate suppliers after the scrapped flagship Lexus EV caused an “unprecedented” impact.