Author: john@provenroi.com
The latest data from iSeeCars reveals a grim reality for electric vehicle (EV) owners – their cars depreciate at an alarming rate. On average, a five-year-old EV loses a staggering 57.2% of its value, which is significantly higher than the industry average of 41.8%. This rapid depreciation makes EVs one of the fastest depreciating vehicle types on the market. Interestingly, hybrids, which used to depreciate faster than the market average, are now the slowest-depreciating powertrain type. This shift in depreciation trends suggests that the current scenario affecting EVs may not be a long-term issue. Depreciation is often overlooked by car…
Tesla Celebrates 80,000 Superchargers Milestone With Expansion in France Tesla has achieved a significant milestone in its mission to drive the world towards sustainable energy. The company recently announced that it has surpassed 80,000 Supercharger stalls globally, solidifying its position as the operator of the world’s largest and most reliable fast-charging infrastructure.The 80,000th stall was activated at a newly expanded site in France, located at 3 Rue Louis Chappée, Saint-Saturnin. This site has been upgraded to include 28 new stalls, bringing the total to 48, along with solar canopies and restrooms, making it a top destination for European travelers.Rapid Growth…
Tesla recently unveiled new user interface features for its Full Self-Driving (FSD) system in Europe. The company has been conducting demo rides of FSD (Supervised) across Europe for several months, and during recent demonstrations, observers noticed several new UI details that suggest Tesla is adapting FSD to meet European regulatory requirements. One notable change involves how the car handles unknown or confusing speed zones. When the software cannot determine the local speed limit, a question mark now appears over the speed limit sign icon on the display. Additionally, European demo vehicles are using a more straightforward Max Speed setting, indicating…
Tesla Continues Expansion in Asia with Launch of Model Y L Tesla is continuing its expansion across Asia with the introduction of the Model Y L, a long-wheelbase version of its popular electric SUV. Following successful debuts in China and Singapore, the new variant has now made its way to showrooms in Japan, South Korea, and Malaysia, joining Australia and New Zealand in offering this upgraded model. The Model Y L boasts a wheelbase extended by 150 mm, providing a significant increase in interior space compared to the standard model. One of the most noticeable changes is the six-seat configuration,…
Tesla released its Q1 delivery figures on Thursday, showcasing solid yet unspectacular results that validate CEO Elon Musk’s long-standing prediction about the company’s future direction. The numbers revealed a modest year-over-year growth of approximately 6 percent, with 358,023 vehicles delivered in the first quarter of 2026. While this figure represents a sequential drop from the previous quarter, it highlights a strategic shift that Musk has been emphasizing for years. Musk has consistently maintained that Tesla’s traditional auto business is evolving to become less central to the company’s overall value. This assertion is supported by the recent announcement of the end…
Mercedes-Benz is set to introduce steer-by-wire technology in its upcoming refreshed EQS sedan, marking a significant shift in the way cars are steered. This electronic steering system eliminates the need for a physical connection between the steering wheel and the wheels, replacing traditional mechanical components with electronically controlled servos. Steer-by-wire technology, commonly used in airplanes, allows the driver’s inputs to be relayed to electronic actuators that control the direction of the wheels. Mercedes-Benz assures that they are not completely abandoning electromechanical steering, as they plan to offer versions of the EQS with both traditional and steer-by-wire steering options. The company…
Tesla is facing a unique challenge as it grapples with an unprecedented number of unsold vehicles sitting on lots. The electric car manufacturer produced a record number of cars in the first quarter of the year, with 408,386 units rolling off the production line. However, deliveries fell short of this number, totaling only 358,023 units. This discrepancy has led to Tesla having 50,363 unsold vehicles, the highest number in its two-decade history. Traditionally, Tesla has been able to balance its production numbers with deliveries effectively. However, this quarter’s figures show a significant difference between the two, reminiscent of a similar…
Tesla has officially launched the long-wheelbase Model Y L in eight markets across Asia, marking a significant expansion in availability for the six-seat electric SUV. The latest rollout includes countries like Japan, Thailand, South Korea, Hong Kong, Singapore, and Malaysia. This move by Tesla comes as no surprise, considering the increasing demand for electric vehicles in the Asian market. With the Model Y L, Tesla aims to cater to a wider audience looking for a spacious and luxurious electric SUV option. The Model Y L offers ample seating space for up to six passengers, making it a versatile choice for…
A recent analysis of Tesla’s Robotaxi app version 26.3.0 has unveiled a range of enhancements aimed at streamlining the autonomous ride-hailing experience, according to Tesla_App_iOS. One of the most significant updates is the incorporation of Apple Pay and Google Pay, enabling passengers to skip manual credit card input. With this integration, users can quickly verify fares using their device’s native wallet and designate these as default payment methods for all future journeys. Moreover, the presence of Google Wallet calls and specific UI assets strongly suggests that an Android version of the app is on the horizon. In addition to payment…
In the UK market, Tesla continues to offer competitive pricing with no changes reported recently. The company is currently promoting attractive 0% finance deals on Personal Contract Purchase (PCP) and Hire Purchase (HP) options, with monthly rates starting as low as £249. One of the latest additions to the Tesla lineup is the Model Y RWD, which was launched in December at a price of £41,990, accompanied by a PCP offer of just £299 per month, making it a desirable choice for customers. The popular Model 3 is available starting from £37,990, offering a sleek and efficient electric vehicle option…