Former long-time Tesla CFO Deepak Ahuja joins JB Straubel’s Redwood Materials
Deepak Ahuja, who served as Tesla’s chief financial officer for 11 years across two separate stints, is joining Redwood Materials as CFO. The move reunites him with Tesla co-founder and former CTO JB Straubel.
The hire comes at a pivotal moment for Redwood, which recently laid off 10% of its workforce and lost several senior executives as it restructures around a fast-growing energy storage business.
This electric SUV with a semi-solid-state EV batttery costs under $15,000 in China
SAIC opened pre-orders in China for the new MG 4X, an electric SUV with a semi-solid-state EV battery, priced under $15,000. The new battery tech is set to launch in Europe by the end of 2026.
XPeng (XPEV) reveals Mona L03 SUV with 650 km range for ~$20,500
XPeng (XPEV) is expanding its hit Mona budget EV lineup with the L03, the sub-brand’s first SUV, which surfaced in Chinese regulatory filings with up to 650 km of CLTC range, a 183 kW motor, and LFP battery options up to 69 kWh.
Chinese automotive media reports indicate the Mona L03 will start at approximately 150,000 yuan (~$20,500), making it one of the most aggressively priced electric SUVs on the market. XPeng also filed for two additional SUVs — the larger Mona L05 and flagship G9L — signaling a massive product offensive for the second half of 2026.
Tesla China retail sales fall 10% in April despite reports of 36% surge
Tesla’s actual retail sales in China fell 10% year-over-year in April to just 25,956 vehicles, according to new data from the China Passenger Car Association (CPCA) — despite widespread reports last week that Tesla’s China sales had surged 36%.
The discrepancy is the same one we’ve been flagging for months: the 36% figure is based on wholesale numbers from Giga Shanghai, which include exports. The retail figure, which reflects what Chinese consumers actually bought, tells a very different story.
Zeem celebrates 350,000th successful charging session at LAX [video]
Electric logistics firm Zeem Solutions celebrated some good reliability news at ACT Expo last week, after its commercial charging depot at LAX hit a huge milestone, surpassing 350,000 successful charging sessions as one of the highest-throughput charging facilities in the US.
Amazon to stop selling ‘hooligan bikes’ in California after investigation
Amazon says it will stop allowing the sale of high-speed electric motorbikes in California that exceed the state’s legal e-bike limits, marking one of the largest crackdowns yet on the increasingly fuzzy line between e-bikes and electric motorcycles.
Survey Sunday: How much home battery backup do YOU need?
Home batteries are getting a lot of attention lately, but are people really looking for a full “whole home” setup, or are they just interested in keeping their phones alive for some post-hurricane doom scrolling? We asked you, our brilliant Electrek readers, what you were looking for in your home battery. Here’s what you said.
Honda is bringing Mobile Power Pack e: battery swap tech to the US
Honda brought its Mobile Power Pack e: swappable battery system to ACT Expo last week, where the brand announced plans to bring the swap system to market for B2B commercial integrations starting as early as June 2026.