Author: john@provenroi.com
The Porsche Taycan is a luxury German EV that comes with a hefty price tag when brand new. However, the depreciation on these vehicles can work in favor of those looking to buy a slightly used model. Used Taycans are selling for significantly less than their new counterparts, making them a tempting option for those who want to experience luxury electric driving without breaking the bank. One individual who took advantage of this depreciation is Matt Farah, who purchased a 2022 Porsche Taycan Cross Turismo with 26,000 miles for $64,000 plus tax. While this price was slightly higher than the…
Electric vehicles have been gaining momentum in the United States, with the potential to create thousands of jobs and reduce air pollution. The Inflation Reduction Act, passed during the Biden administration, aimed to incentivize domestic manufacturing of EVs and batteries. However, recent actions by President Donald Trump and the Republican-controlled Congress have raised concerns about the future of the EV industry in America. The finalized version of Trump’s budget bill includes the elimination of the EV tax credit and manufacturing incentives, as well as new taxes on EV ownership. This move contradicts the record EV sales in 2024 and significant…
Tesla continues to garner bullish outlooks on Wall Street, with Wedbush analyst Dan Ives raising his price target for the company from $350 to $500. Ives sees Tesla as the most undervalued AI play in the market, emphasizing the company’s potential in software and autonomous driving technology. This shift in outlook is driven by Tesla’s long-awaited robotaxi service, which Elon Musk plans to launch in Austin by the end of June. Ives believes that Tesla’s future success lies beyond just electric cars, positioning the company as a leading disruptive technology player in the global market. He highlights Tesla’s Full Self-Driving…
Tesla Expanding Supercharger Network in Quebec with Two New Sites Under Construction – Drive Tesla Tesla is once again proving its commitment to expanding its Supercharger network, this time in Quebec. Two new Supercharger sites are currently under construction in the province, with one in Brossard and the other in Laval. These new locations are strategically chosen to support the growing electric vehicle (EV) market in Quebec. The Supercharger network is a crucial component of Tesla’s infrastructure, providing fast and convenient charging solutions for Tesla owners on the go. With more EVs hitting the roads each year, the demand for…
California, known as the world’s fifth-largest economy, has long been a pioneer in clean air regulations and environmental policies. However, a recent decision by Congress to revoke the state’s waiver allowing it to set its own emissions rules has dealt a significant blow to California’s ambitious plans to electrify its roads and reduce air pollution. The decision, which overturned California’s plan to phase out sales of new gas-powered cars by 2035, has sparked a legal battle between the state and the federal government. California Attorney General Rob Bonta has vowed to sue the federal government over the reversal, arguing that…
In a recent report published by Jato Dynamics, it was revealed that BYD, a Chinese car manufacturer, outsold Tesla in Europe for the first time in April. This marks a significant shift in the European electric vehicle market, where Tesla has been a dominant player for many years. BYD’s success can be attributed to the 7,231 EVs registered in Europe last month, representing a 169% year-over-year increase. On the other hand, Tesla saw a 49% drop in registrations, with only 7,165 units sold. The European EV market experienced a surge in sales last month, with a 28% increase compared to…
The Xiaomi YU7: A Game-Changer in the EV Market The Xiaomi YU7, the SUV sister to the SU7 sedan, is set to revolutionize the electric vehicle market. With impressive specs and sleek design, this crossover EV is sure to turn heads. Expected to open for reservations in July, the YU7 boasts a range of up to 518 miles in the Standard RWD trim, making it a practical choice for long-distance travel. Additionally, the Max AWD trim can accelerate from 0 to 62 mph in just 3.23 seconds, offering a thrilling driving experience. Featuring deep integration with Xiaomi’s tech ecosystem, the…
Tesla is shaking up the traditional test drive experience with a new promotion aimed at current owners. Dubbed the “Value Experience – Tesla Extended Demo Drive,” this special offer gives eligible participants the chance to test drive a Model S, Model 3, Model X, Model Y, or even the Cybertruck for a full 48 hours. This extended test drive goes beyond the usual 30-minute demo drives offered by Tesla, providing owners with a more in-depth look at the vehicles in real-world conditions. While the overnight test drives for the Model 3 and Model Y allow customers to take the car…
Tesla opens long-awaited 24-stall Supercharger in Brampton [Ontario] After more than a year of waiting, Tesla has officially opened its 24-stall Supercharger station at Trinity Common Mall in Brampton, Ontario. The new Supercharger was set to be the largest in the country when it was first announced. The new Supercharger station is equipped with 24 stalls, allowing Tesla owners to charge their vehicles quickly and efficiently. Located at Trinity Common Mall, the Supercharger is conveniently situated for Tesla owners in the Brampton area, providing easy access to charging facilities. With the increasing popularity of electric vehicles, the demand for charging…
Tesla Model 3 scores perfect 5-star safety rating from Euro NCAP Tesla has once again proven its reputation for safety, with the Model 3 earning a perfect 5-star rating in the latest crash tests conducted by Euro NCAP. The redesigned electric sedan excelled under the most rigorous testing conditions, showcasing its commitment to passenger safety. The Euro NCAP crash tests evaluate a vehicle’s performance in various scenarios, including frontal and side impacts, as well as pedestrian protection. The Model 3 not only met but exceeded the standards set by Euro NCAP, demonstrating its ability to protect occupants in a variety…