With a constant stream of electric vehicles pouring out of China , trying to keep track of them all is starting to feel like a full-time job. There’s always something new vying for attention, but every now and then, one stands out from the crowd. One of the more intriguing entries, a lightweight electric sports car that first appeared back in 2022 as the SC-01, is now resurfacing—this time ready for production.

Recently rebranded as the JMEV01, the coupe is finally set to hit the Chinese market on April 15, after spending some time under the radar. Visually, it lands somewhere between the Tesla Roadster and a Lancia Stratos, which is no bad thing.

Read: The SSC SC-01 Is A $42,000 Chinese Electric Sports Car With 429HP

The SC-01 was originally the brainchild of a startup called Small Sports Car (SSC), but it has since found a new identity under the JMEV brand. JMEV itself is part of Jiangling Motors Corporation (JMC), a Chinese automaker that was once partnered with Renault—at least until the French walked away from the joint venture in 2023. Now, the project is getting financial backing from Xiaomi, as CarnewsChina reports. Welcome to the overlapping Venn diagram that is the Chinese EV industry.

Prices for the JMEV01 are expected to start under 300,000 yuan, or roughly $41,300, and the official launch is scheduled for mid-April.

At a time when most EVs seem to double as workout equipment for suspension engineers, the JMEV01 represents a welcome change. It’s underpinned by a tubular spaceframe chassis and reportedly tips the scales at just 3,009 lbs (1,365 kg). To put that into perspective, the similarly sized MG Cyberster weighs 4,376 lbs (1,985 kg) in its flagship guise, so JMC has clearly done some clever things to keep the weight down.

Range and Performance

We don’t yet have specifics on the battery pack’s capacity, but we do know it’s being sourced from CALB and is expected to deliver up to 323 miles (520 km) of range on the CLTC cycle. That energy feeds a pair of electric motors producing a combined 429 hp (320 kW), good for a 0–62 mph (100 km/h) sprint in just 3.9 seconds.

The exterior design of the JMEV01 is something to behold. In a world where many EVs look unnecessarily futuristic and are dominated by smooth surfaces and curved lines to aid in aerodynamics, this sports car looks more traditional, and is all the better for it. The front end includes sharp headlights with black surrounds, a large grille and air intakes, and a clamshell-style hood.

From the rear three-quarter angle, the Lancia Stratos inspiration becomes impossible to miss. The JMEV01 features a flat decklid, a tidy lip spoiler, circular taillights, and a blacked-out bumper—details that give it the look of a rally icon filtered through Chinese lens.

More: China’s Giant Space Solar Station Could Beam Endless Power To EVs And Homes

It’s still too early to say whether the JMEV01 will live up to its promise, but on paper, it’s ticking a lot of the right boxes. If nothing else, it’s proof that not every EV coming out of China has to be a 5,000-pound tech pod shaped like a jellybean with lightbars.

For anyone even vaguely familiar with the current landscape, it’s clear that electric vehicles have quietly taken over the sensible side of driving. They’re smooth, quiet, efficient, and for most people, that’s exactly what daily driving should be. But for enthusiasts? Well, the story’s a little different. Most EVs just don’t hit the same nerve as a manual-equipped ICE car screaming through its rev range. Automakers know this too, and they’ve started tinkering. Ford, it seems, is the latest to join the “manual EV” experiment.

Toyota has been working on a simulated manual transmission for future EVs since at least 2022, and Hyundai has famously replicated a dual-clutch transmission in the popular Ioniq 5 N. Now, a recently published patent from Ford shows that it, too is developing a fake stick shift designed for EVs.

Watch: Toyota’s Six-Speed Manual For EVs Feels Just Like The Real Thing, Say Testers

The application, first filed in the US back in September 2023 before being published on March 20, surfaced publicly a couple of weeks ago, catching the attention of Jalopnik. It describes and depicts a shifter that uses several actuators, vertical drive posts, vertical guide posts, and motors to simulate gear shifts. While that all sounds very complex, what it means is that the shifter could be configured to simulate any kind of H-pattern ‘box with different numbers of fake gears. In theory, the setup could also allow for simply sequential up and down shifting.

This isn’t just a novelty, either. Ford also mentions the use of haptic feedback to give drivers a more tactile experience. The patent even acknowledges the elephant in the room: EVs just don’t provide the same kind of physical connection that drivers get from combustion-powered cars. As Ford puts it, electric vehicles “lack operator to vehicle physical feedback that is advantageous in conventional motor vehicles.”

Will It Ever Hit the Road?

Of course, despite Ford making this patent application over 18 months ago, there’s no guarantee it will bring it into production. Adding a fake shifter would only make sense if the EV itself is a sporty model. After all, no one is going to buy an Explorer EV with a stick shift. However, if Ford does decide to eventually launch a true electric Mustang (not like the Mach-E…), or perhaps an electric hot hatch, it could be well-suited to a shifter like this. Until then, it’s likely a clever idea stuck in the theoretical lane.

It’s not every day that a multi-million-dollar electric hypercar pops up for sale in a public auction, but here we are. When your average crossover feels like the automotive equivalent of waiting in line at the DMV, something like a Rimac Nevera is more like flying private through a lightning storm with a jetpack.

More: Rimac Nevera Takes On Bugatti Chiron Super Sport And Tesla Model S Plaid

Now, super-high-end cars aren’t accessible the way a Dodge Hornet is. They’re so desirable that wait lists often span years, not months. The Rimac Nevera is that sort of car, and while there are some questions about how popular it really is amongst 1-percenters, there’s no doubt that it’s a halo car. It makes over 1,800 horsepower, initially cost more than $2 million, and has looks to kill. Now, we’re about to see how much one goes for on the open market.

This particular example is a 2023 model, finished in a striking blue pearlescent paint and outfitted with blue leather upholstery and staggered 20-inch wheels. Like every Nevera, it uses four independent electric motors, each paired with its own gearbox. A 120 kWh battery pack powers the system, delivering a combined output of 1,813 horsepower. Rimac claims it can rocket from 0 to 60 mph (96 km/h) in just 1.85 seconds and cover the quarter mile in a barely believable 8.6 seconds.

Bringing it back to reality, six-piston calipers and electro-hydraulic CCM-R brakes handle stopping duties, while electronically adjustable dampers help keep the ride composed.

Beyond the Numbers

Photos BaT

What really stands out about it, beyond its insane performance, is the attention to detail. Befitting of a seven-figure car, it seems that every centimeter is all but perfect. The carbon fiber weave looks stunning, the door openings are large for easy ingress and egress, and the touch surfaces look like a pleasure to manipulate.

The previous owner is associated with the YouTube-famous Triple F Collection. You can watch this same car on their channel. The odometer shows 1,371 miles, and the car comes with its original window sticker indicating a price of €2,136,000 or roughly $2.3 million. The high bid on Bring a Trailer right now is $1,155,000.

That said, it wouldn’t be surprising if the car doesn’t sell at auction. Sometimes, a top bid on an auction site like Bring A Trailer just means the buyer has earned the chance to negotiate. If both parties can agree on a final number, it might sell off the platform after the auction ends.

Either way, it’s worth keeping an eye on. This is the fastest electric production car in the world, and it’s not every day you get to see one up for grabs—let alone watch people try to name their price.

Photos BaT

Electric cars are no longer just about efficiency—they’re turning into full-blown performance monsters. Sure, the Xiaomi SU7 Ultra Ultra may have nabbed some bragging rights by edging out the Taycan Turbo GT at a few tracks, but make no mistake: Porsche’s flagship EV is still an absolute weapon. Not only does it offer insane acceleration, but it is equally as impressive in braking and handling, as Motor Trend recently discovered.

Read: Porsche Taycan Turbo GT Topples 911 Turbo S At Interlagos F1 Circuit

While testing the Taycan Turbo GT in flagship Weissach guise, which ditches the rear seats, Motor Trend recorded an astonishing 0-60 mph (96 km/h) time of 1.89 seconds with its typical one-foot rollout procedure. This works out to be 2.10 seconds without rollout. To put that into context, that 1.89-second sprint is not only 0.05 seconds quicker than the standard Taycan Turbo GT, but it’s also 0.18 seconds ahead of the Tesla Model S Plaid, no small feat. Even the four-door Taycan Turbo GT previously tested by MT outsprinted the Tesla to 60 mph.

Faster Than Fast

This acceleration places the Porsche ahead of some seriously elite competition. It beats the Ferrari SF90 Stradale Assetto Fiorano’s 2.10-second time and edges out the Lucid Air Sapphire’s 2.16-second figure. In fact, it’s now the fastest-accelerating car MotorTrend has ever tested in its 76-year history.

Motor Trend’s quarter-mile time is perhaps even more impressive. The electric Porsche stormed down the drag strip in just 9.23 seconds at 150.1 mph. That only trails the Lucid Air Sapphire that’s set a 9.21-second quarter-mile at 157.1 mph. As the model’s various lap records show, it also handles extraordinarily well and is the quickest sedan tested around the publication’s figure-eight testing course.

In the test, the flagship electric Porsche set a time of 21.86 seconds, pulling an average of 1.03g. This is the fourth-quickest time ever recorded, and only a hundredth of a second behind a Chevrolet Corvette Z06 with the Z07 Pack, and was close to the Ferrari 296 GTB and McLaren 765LT.

Braking performance is just as impressive. The Taycan Turbo GT Weissach came to a halt from 60 mph in just 93 feet. And when it’s time to recharge, the EV is equally efficient, needing only 19 minutes to go from 5% to 80% using a high-speed charger.

At What Cost, Though?

The example tested had a sticker price of $233,395. There’s no doubt that’s a lot of money, particularly compared to the $94,900 commanded by the Tesla Model S Plaid, although it’s more affordable than the $250,575 Lucid Air Sapphire.

Remember the outcry from enthusiasts when Ford unveiled the Mach-E in November 2019? They were worried Ford wanted to replace the iconic pony car with an EV but the automaker assured them that wasn’t going to happen. Five and half years later, however, fresh data from Ford shows it’s now the Mach-E that’s the sales winner and the gas-powered car that’s the niche proposition. Are we looking at the end of the road for the ‘real’ Mustang?

Ford’s registration figures reveal Mach-E sales grew 21 percent in Q1 2025 versus Q1 2024, the total number of deliveries jumping from 9,589 to 11,607, no doubt helped by incentives and the threat of federal tax credits going away. Still, that’s a healthy gain. While that was happening sales of the classic Mustang slid by 31.6 percent, dropping from 13,707 to 9,377. That means the Mustang EV is now more popular than the gas car, and by a wide margin.

Related: Ford Mach-E Sales 62% Up This Year, Mustang Keeps Losing To Itself

So modern electric vehicles good, retro-style gas cars bad, right? It’s not quite that simple, because sales of Ford’s F-150 Lightning EV dropped 7.2 percent in Q1 to 7,187 units, and Bronco registrations blew up by 35.4 percent to 32,595 units. The Bronco is now almost as popular as the more affordable Bronco Sport (33,363; up 5.7 percent) and Escape (37,357; up 2.1 percent).

Ford’s (combustion) F-series trucks also increased their sales by a whopping 24.5 percent to 190,389, helping Ford truck deliveries boom by 15 percent. But that wasn’t enough to prevent total sales of Ford-branded vehicles dropping 1.2 percent to 477,560 in the first quarter. Lincoln sales, by the way, dropped 4.7 percent to 23,731.

It’s said that the definition of madness is doing the same thing over and again and hoping for a different result. And it’s looking like Ford’s new-for-’24 Mustang didn’t really offer anything meaningfully new to help keep interest high. Sure, the $325k GTD is entering new territory, but the regular models didn’t.

Which isn’t to say they’re bad cars. We just drove a Mustang GT and found it great fun. But the sales figures prove buyers are looking elsewhere for their kicks at a time when the Mustang has almost no direct opposition, its Dodge (ICE) and Chevy rivals having both been axed.

What do you think is the answer to Ford’s Mustang sales crisis? Is it more power for the base cars, more frugal engines, a four-door coupe or maybe a lifted crossover body? Or should Ford have retired the Mustang at its 50th birthday and focused exclusively on improving the Mach-E and extending its family?

Ford sales Q1 2024 vs Q1 2025

It’s not unusual for a flashy EV startup to crash and burn, but Canoo’s spectacular flameout has been anything but clean. After filing for Chapter 7 bankruptcy in January and halting operations entirely, the company is now tangled in a messy dispute that involves hidden assets, questionable sales tactics, and accusations that its CEO may have gotten a little too good of a deal.

Read: Canoo Goes Bust With Less Than $50,000 Left And Millions In Debt

Last Friday, electric trucking startup Harbinger filed a formal objection to the sale of Canoo’s assets to its boss, claiming the sale process “unfairly favored Mr. Aquila.” According to the objection, Canoo failed to disclose certain assets acquired from another failed EV startup—Arrival—and the bankruptcy trustee approved Aquila’s purchase without securing an independent appraisal or even marketing the assets to outside buyers.

Allegations of Hidden Assets and Insider Deals

The situation gets murkier. Harbinger also alleges that Canoo listed some assets that it didn’t actually own for sale. While Harbinger did not specify what these assets were, it says that the access granted to the virtual data room for potential bidders when it considered buying the assets allowed them to make this determination, as first reported by TechCrunch.

The sale of Canoo to its CEO also includes a very important clause. Canoo sued Harbinger in 2022, claiming many of its former employees had stolen trade secrets that were used to create Harbinger. This lawsuit is still ongoing, and through the purchase, Aquila will personally benefit from any settlement that Harbinger may have to pay.

In the complaint, Harbinger notes that the former boss is buying unidentified ‘trade secrets’ from Canoo, “but Mr. Aquila alone supposedly knows what those trade secrets are.” It adds that “a process where only one bidder – an insider – has the ability to identify the assets offered for sale and their value is not a fair process.”

Even before the bankruptcy, Canoo’s financials read like a startup horror story. Since its founding in 2017, the company generated almost no revenue and racked up hundreds of millions in losses. In 2022 alone, Canoo reported a staggering $488 million loss, followed by $303 million in 2023. The first half of 2024 added another $118 million to the bonfire. For comparison, Canoo reported zero revenue in 2022 and just under $900,000 in 2023—a rounding error in the EV world.

Concept cars are all fun and games, but the percentage that make it to market in original form is very low. That figure ticked up just a touch today, though, as it appears like Mazda is going to bring the Arata concept to production almost unchanged. The production version will be called the EZ-60, at least in China, though it will wear a different badge in other markets. Mazda is hoping this one lands better than the underwhelming MX-30.

You might recall we recently reported that the European version of this electric SUV might end up being called the CX-6e. That tracks, because Mazda just pulled a similar move with the Chinese-market EZ-6 sedan, a car co-developed with its Chinese partner Changan, that’s being rebranded as the 6e in Europe. Since it’s built in China, it won’t be sold in North America.

More: Everything We Know About The Mazda CX-6e Electric SUV

Mazda released a short teaser to hype the EZ-60. The video shows the SUV’s silhouette rendered in digital wind tunnel graphics. In short, this crossover looks identical in profile to the Arata concept from the 2024 Beijing Auto Show. That car was aimed at the Chinese market and more specifically, the Tesla Model Y. Mazda called its design theme “soulful + futuristic x modern.”

In its post about the teaser video, Mazda stated, “Control the wind to shape the invisible, drive the electricity to the future.” No doubt, any EV benefits from good aerodynamic design and minimal drag. Clearly, Mazda is emphasizing that with the EZ-60.

A closer look at the teaser shows a long, teardrop-style rear section that should help cut through the air more efficiently. It’s noticeably more stretched out than current Mazda SUVs like the CX-50, CX-70, or CX-90. Inside, the EZ-60 will likely borrow heavily from the EZ-6 sedan’s cabin layout, which could mean a clean, minimalist setup with a few upscale touches to give it some premium feel.

Shared DNA with Deepal

At this point, Mazda hasn’t released drivetrain specs, but we have a decent idea of what to expect when details do land. Like the EZ-6 / 6e sedan, the EZ-60 will ride on Changan’s EPA1 platform, the same architecture underpinning the Deepal (a.k.a. Shenlan) SL03 sedan and the S7 SUV. That likely means the EZ-60 will share more than just a few bolts with the Deepal S7. Expect similar powertrain options and tech, including both all-electric and range-extender variants.

Related: New Mazda EZ-6 Is China’s Electric Mazda6 Sedan

Assuming it follows the EZ-6 / 6e’s formula, the EZ-60 / CX-6e may come in a standard E-Skyactiv EV setup with 254 horsepower and a 68.8 kWh battery, good for an estimated 300 miles (480 km) of range. There could also be a long-range version offering 241 hp and an 80 kWh battery, stretching the range to about 342 miles (550 km). For buyers not ready to go full electric, a range-extender version is also likely, using a 1.5-liter gasoline engine paired with a smaller battery pack to provide backup power when needed.

That’s the general roadmap for now. As soon as Mazda reveals more concrete details, we’ll keep you posted.

The Renault–Nissan–Mitsubishi Alliance has been put through the wringer and things appeared to be on shaky ground. However, Renault and Nissan have now announced a series of “strategic projects.”

Starting with the fun stuff, Nissan will be getting a version of the upcoming Renault Twingo. It’s slated to arrive in 2026 and will feature unique styling created by the Japanese automaker.

More: Renault’s Updated Twingo Concept Hints At Next Year’s €20,000 EV

Little else is known about the model at this point, but the Twingo will be launched next year and cost less than €20,000 ($21,639). The EV is also expected to feature a 7-inch digital instrument cluster and a 10.1-inch infotainment system.

Outside of Europe, Renault plans to take over Renault Nissan Automotive India Private Ltd by acquiring the 51% stake currently held by Nissan. This transaction is expected to be completed later this year and Renault sees the move as a “key opportunity” to expand its international business. Speaking of which, four new models are expected to be built at the Chennai plant.

While Renault is taking over, Nissan will continue to have a presence in India. As such, the Chennai plant will continue building models such as the Nissan Magnite.

Five-seat Nissan C-SUV that will be built at Chennai plant

On the corporate side of things, Renault and Nissan have amended their alliance agreement to allow for greater flexibility of cross-shareholdings. In particular, the minimum shareholding threshold will be lowered from 15% to 10%. The change could allow Nissan to sell part of their Renault stake to raise funds for their restructuring.

While it remains to be seen if Nissan will do this, “any sale of shares would have to be made within a coordinated and orderly process with the other company, in which such other company or a designated third-party benefits from a right of first offer.”

Speaking of giving Nissan flexibility, the company is being released from its commitment to invest in Ampere. The investment was announced in July of 2023 and would have seen Nissan fork over as much as €600 ($649 / £502) million.

The amendments and termination of the Ampere investment are subject to certain conditions being fulfilled, but these are expected to occur by the end of May. When this happens, Nissan should be in better shape for the future.

Renault Group CEO Luca de Meo remarked, “As a long-time partner of Nissan within the Alliance and as its main shareholder, Renault Group has a strong interest in seeing Nissan turnaround its performance as quickly as possible. Pragmatism and business-oriented mindset were at the core of our discussions to identify the most effective ways of supporting their recovery plan while developing value-creating business opportunities for Renault Group.”

As Canada braces for the impact of steep 25% tariffs on vehicles it exports to the United States, a missed opportunity is coming back into focus. Chinese automaker BYD reportedly expressed interest in investing in Canadian manufacturing but backed off after encountering significant pushback. With Trump’s new tariffs set to take effect on April 2, some are now wondering if Canada might need BYD more than it realized.

More: Canada Freezes Musk’s $43M Tesla EV Rebate Claim After Rapid-Fire Sales, Bans Future Subsidies

China’s ambassador to Canada, Wang Di, said moves made by the Canadian government have “seriously dampened” the confidence of Chinese companies to invest locally. For example, three Chinese mineral firms have been ordered to divest their assets, TikTok’s Canadian branch has been closed, and AI firm DeepSeek has been banned, all in the name of national security.

Why Canada Shut the Door on BYD

This hardline approach toward Chinese firms—including BYD—has been framed as a move to protect domestic industry, ensure national security, and align with US concerns. American officials, including former President Biden, had warned that Chinese automakers might try to use Canada as a backdoor into the US market. But with President Trump reimposing tariffs, the rationale for walling off Chinese investment may be shifting.

A recent report by The Logic suggests that if US-Canada trade alignment is no longer a priority, Canada might do well to reconsider its position. Letting BYD invest could bring clear benefits, especially with Canadian auto jobs now potentially at risk.

“BYD had carefully thought about coming to Canada to make investment. But they met huge difficulties, restrictions and obstruction, and they had to give up the idea of investing in Canada. And I heard that they have moved to other countries, and they have been very successful there,” Wang Di told The Globe and Mail.

Read: Chinese-Owned EV Brands Gain Momentum In Europe, Collectively Outsell Tesla

“If BYD was successful in investing in Canada, then I think the result would be the Canadian consumers would have been able to enjoy the EVs with the latest technology, with very good quality and with a cheaper price. Isn’t that a good thing?,” he added.

Too Little, Too Late?

If Trump’s tariffs force car manufacturers to shift more of their production to the United States, countless jobs could be lost throughout Canada’s auto manufacturing sector. Now, it’s Canada that may need BYD more than the Chinese automaker needs it.

However, that ship might have already sailed. According to BYD spokesperson Frank Girardot, BYD does not have any plans for manufacturing in Canada and will simply continue to service the company’s buses that some transit operators in the country use.

It’s no secret that Tesla has become something of a cultural lightning rod, whether for its tech, its CEO, or the political baggage that now seems welded to its aluminum panels. And in the current climate, even scratching a Tesla could apparently land you in serious legal territory, at least in Washington, D.C., where the politics are as tangled as the city’s traffic circles.

Read: Trump Vows To Buy A Tesla After ‘Radical Left Lunatics’ Boycott Brand

Elon Musk and Tesla have grown so closely associated with the Trump-era political ecosystem that some officials in the nation’s capital are reportedly considering whether vandalism against the brand could be prosecuted as a hate crime. D.C. has long been a Democratic stronghold, but Mayor Muriel Bowser appears to be making moves in response to mounting pressure from the Trump administration, particularly after Trump’s recent threat to assert control over the District.

Last week, D.C.’s Metropolitan Police issued a press release announcing they are searching for two suspects who allegedly defaced Tesla vehicles in the district. According to the authorities, they “wrote political hate speech on to the victims’ Tesla vehicles then fled the scene.” The exterior cameras of the cars caught clear images of both suspects, although they were wearing sunglasses.

Vandalism, But Make It Political

Unlike some incidents elsewhere in the country, the Teslas weren’t torched, overturned, or otherwise wrecked. The damage was cosmetic, limited to what amounts to political graffiti. What’s perhaps the strangest thing about the whole situation is that much of the “hate speech” graffiti on the cars wasn’t even that dramatic.

According to Politico, which reviewed police reports, several sarcastic messages were left on the Teslas. These included statements like “Let’s do away with the administrative state! Buy a tesla!” while another said, “Go Doge I support Musk killing the dept of education.”

Another read, “I like what Musk is doing,” while one stated, “I Love Musk and hate the Fed Gov.t.” Possibly the most provocative was: “Ask me about my support of Nazis.” It’s a grab bag of chaotic energy, part satire, part performance art, part political Rorschach test.

Washington D.C. is one of just a few jurisdictions that describe “political affiliation,” with race, sex, and religion as categories of bias, meaning locals cannot discriminate against someone for being a Democrat or Republican. However, that doesn’t mean you can’t shun someone for their opinion.

“I would have a hard time seeing how anti-Elon Musk graffiti would constitute political affiliation discrimination,” Arizona State University law professor Michael Selmi said. “The real issue is there’s very little case law interpreting political affiliation in D.C. or in the few other jurisdictions that include it.”

Anyone who scrawls a swastika on a Tesla has obviously committed a hate crime https://t.co/EJFkYxDHrV

— Elon Musk (@elonmusk) March 31, 2025

Electric vehicles might be the future, but profitability? That’s still a rare luxury in the EV world. An interesting study has revealed that just four EV-only brands are currently operating at a profit, while many others continue to bleed money at impressive rates. It probably won’t shock anyone that Tesla and BYD are leading the charge, but some of the other top-performing names are a bit less expected.

Read: Only 1 In 7 Of Today’s Chinese EV Brands Will Be Profitable By 2030, Analysts Claim

The study examined the operating income ratios of major EV brands and found that in 2024, Tesla reported an operating margin of 7.2%, putting it just ahead of BYD at 6.4%. However, while Tesla’s margin has declined since 2023, BYD’s has been climbing. If that trajectory holds, as many analysts expect, BYD could soon surpass Tesla in operating profitability.

Vertical Integration Pays Off

Key to the growth of both of these brands is that they are vertically integrated, helping them to scale and reach profitability sooner. The only other two brands analyzed by the study to have reached profitability are China’s Li Auto and the Series Group, which includes the Seres, Aito, and Landian brands.

While none of the other EV brands analyzed turned a profit in 2024, a few are edging closer. Zeekr, part of the Geely group, reported an operating margin of -8.5% last year. But with sales on the rise, it may soon begin delivering profits for its parent company. Xpeng and Leapmotor are also moving in the right direction, having more than halved their losses between 2023 and 2024.

Nio is another important player in China’s EV market, but not a profitable one. Its 2024 operating margin came in at over -30%, suggesting it still has a long climb ahead before it sees black ink on its balance sheet.

Tesla Stands Alone Outside China

Tesla remains the only non-Chinese EV brand to hit profitability. Polestar hasn’t crossed that threshold yet, though it did manage to reduce its losses in 2024. Similarly, Rivian also remains in the red, though like Polestar, it continues to receive substantial external funding.

At the other end of the spectrum, Lucid holds the dubious honor of running the steepest losses in the EV sector. According to data from Rho Motion, its 2024 operating margin was -374%. That’s an improvement from over -500% the year before, but still, not exactly a sign of financial health. Heavy backing from Saudi Arabia is helping Lucid stay afloat despite the massive shortfalls.

Porsche already has one electric SUV in its lineup – the Macan Electric – but it’s about to give it a big brother in the form of the 2026 Cayenne Electric, which debuts late this year. Our spy photographers have captured a pair of prototypes testing, but far from being identical twins, they feature some important differences.

Both models are still wearing the fairly heavy camouflage we’ve seen on previous prototypes over the past 12 months. The disguise covers parts of the front and rear bumpers and the lower sections of the doors. But it doesn’t prevent us noticing that only one of the SUVs has what appears to be active aero flaps in the lower bumper, just like the ones seen on the new 911 GTS T-Hybrid. It also has a splitter attached to the lowest point of the bumper, suggesting it’s a performance version, perhaps a GTS.

Related: 2027 Porsche Cayenne Coupe Goes Electric In New Spy Shots

The other Cayenne doesn’t have the lower lip spoiler or the same active aero slats (though it’s possible they could still move). Instead it has a less macho bumper with horizontal bars and the ADAS sensor stands proud of the bumper surface, rather than being recessed, as on the other SUV.

This less performance-focused bumper appears to provide a better approach angle, so we could be looking at an off-road-themed Cayenne. That idea is backed up by the slightly flared rear arch lips on this Cayenne, which aren’t present on the one with the GTS aero flaps. Further confusing matters, only the non-flap SUV has boxy vents below its taillights.

When the full bumper disguise comes off we’re expecting to see a split headlight arrangement, just like the one on the Macan Electric and Audi’s Q6 e-tron and A6 e-tron. Those three are based around the same VW Group PPE platform that will also be used for the Cayenne EV in both standard and Coupe forms.

Entry-level Cayennes will probably also share their powertrains with mid- or high-spec Macans, which feature a 509 hp (516 PS / 380 kW) bi-motor setup in 4S trim and 630 hp (639 PS / 470 kW) in Turbo guise. And given the Taycan Turbo and Turbo S serve up 872 hp (884 PS / 650 kW) and 939 hp (700 kW / 952 PS), we imagine the hot Cayennes will be similarly potent.

The Cayenne Electric isn’t the only EV Porsche is working on. All-new, all-electric 718 Boxster and Cayman sports cars are on the way, and were set to debut this year, but that launch could be pushed back to 2026 as Porsche grapples with a performance EV market that hasn’t matured the way it hoped when it began planning these models more than five years ago.

Images: SHProshots

A suspicious fire that tore through a Tesla dealership in Rome early Monday morning has left behind a scorched mess of metal and plenty of questions. At least 17 fully electric vehicles were destroyed in the blaze, marking the latest in a string of troubling incidents involving Tesla facilities around the globe.

The incident arrives amid growing backlash against Elon Musk, raising suspicions that this wasn’t just some random electrical mishap. While the exact cause remains under investigation, authorities have not ruled out arson. Fortunately, no one was injured, as the dealership was closed at the time of the fire. Still, the loss is significant, not just in property, but in what it might signal.

More: Man Tries To Torch Tesla Superchargers But Ends Up Torching Himself

According to local media, emergency services were alerted around 4 a.m. on Monday, March 31. Police have since questioned the dealership’s owners and are combing through CCTV footage, Reuters reports.

The fire broke out at the Tesla store located at 48 Via Serracapriola in Rome. Drone footage shared by the YouTube channel Local Team shows the parking lot littered with charred vehicle shells. At least 16 Teslas appear to have suffered irreparable damage.

These cars were reportedly prepped and ready for delivery to customers. Furthermore, the shed covering them was also damaged by the intense heat, though the Tesla dealership’s main building seems to have escaped the worst of it.

A Brand Under Fire—Literally

The timing is hard to ignore. Just two days before the fire, the so-called “Tesla Takedown” movement organized protests outside more than 200 Tesla dealerships across Europe and North America. Most gatherings remained peaceful, but a handful of them escalated into vandalism—and now, possibly worse.

Earlier this month, suspicious fires destroyed multiple Tesla EVs across the USA, as well as in Italy, Germany, and France. In Ontario, Canada, more than 80 vehicles were vandalized at a single Tesla dealership—another flashpoint in what’s quickly becoming a global anti-Musk movement. If there’s no connection between these incidents, it would be one hell of a coincidence.

#Vigilidelfuoco di #Savona in azione stanotte per l'#incendio di 17 automobili nel deposito vetture del porto cittadino. Utilizzata dalle squadre schiuma antincendio per abbattere le fiamme#30marzo pic.twitter.com/KJgVbvL8vw

— Vigili del Fuoco (@vigilidelfuoco) March 30, 2025

Lead image Google Maps

Another Tesla Cybertruck has been wrecked, and this time it’s not because it’s been attacked by vandals angry at the automaker’s CEO Elon Musk, or due to some alleged failure of the driver-assist systems. Instead, a Mercedes-Benz G-Wagen was the culprit after its driver reportedly suffered a medical emergency, plowing into no fewer than seven vehicles. The Cybertruck took the worst of it, with its bed ripped clean off in the chaos.

Footage and images from the scene show a dark-colored Cybertruck brandishing promotional graphics for Keane Landscaping (they say there’s no such thing as bad publicity, right?) cut in half in the road outside the Dallas Cowboys HQ.

Related: Someone Egged A Cybertruck And Wiped Dog Poop On It

The front end of the truck appears untouched, but everything behind the rear seats is gone, including the bed, frame, and the suspension, motor, and wheels, which can all be seen lying several feet away. Of the eight vehicles involved in the smash, the Cybertruck definitely came off worst, but that doesn’t mean the other cars which, like the Tesla, were all parked and unoccupied, didn’t take some serious hits.

A Ford Mustang, F-series truck, Hyundai Santa Fe, Tesla sedan, and others received major panel damage, but spare a thought for the Mercedes G-wagon, which was given such a smack it was flipped onto its roof and can be seen being righted in CBS’s video.

Police say the accident in Frisco, Texas, was the result of the Mercedes G-Wagen driver suffering a medical episode while behind the wheel last Friday, driving at the intersection of Avenue of the Champions and Cowboys Way. The driver was taken to the hospital with non-life-threatening injuries, according to news reports, and won’t be charged with any driving offenses.

Looking at the amount of damage caused, he must have really hoofed that right pedal, with disastrous, but thankfully not fatal consequences. We imagine that in the future, car safety systems might be able to spot and prevent accidents like this, but until that happens, you might want to stay clear of powerful trucks with super-fast acceleration and curb weights flirting with the 6,000-pound mark, especially if you’re on foot.

Image credit: Dianne Everett/CBS News

Modern solar panels are vastly more efficient than those 20 or 30 years ago, but they’re still prevented from operating at peak performance 24/7 by bad weather and nighttime darkness. Just imagine if you could collect all that solar energy uninterrupted from space. Well, China thinks it can.

Chinese scientists plan to build a huge solar power station that will sit more than 20,000 miles (32,000 km) above the surface of the Earth, measuring around 0.6 miles (1 km) across when fully built. In addition to getting access to constant sunlight, space-based solar stations enjoy energy density that’s 10 times greater than what you might get from the roof-mounted solar panels on your house because the sunlight in space is that much more intense.

More: Electric Fiat 500 Drives At Highway Speeds Without Running Down The Battery Thanks to Inductive Charging

Wondering how all those lovely clean Watts are pumped back to Earth? It’s done by converting the electricity into microwave radiation, which is then beamed to a fixed antenna on terra firma, Popular Mechanics explains. And the man behind the technology says it’s no, er, flight of fancy.

“We are working on this project now,” Long Lehao, a rocket scientist and member of the Chinese Academy of Engineering (CAE), told SMCP. “It is as significant as moving the Three Gorges Dam to a geostationary orbit 36,000km (22,370 miles) above the Earth.”

Three Gorges Dam on Yangtze River (credit: Wikimedia Commons)

Big Ambitions, Even Bigger Engineering

China’s Three Gorges Dam (pictured above) is a hydroelectric power station that opened in 2012 and whose 100 billion kWh annual power generation capacity makes the Hoover Dam look like a dripping tap. Long claims the energy collected in one year from the space station would be “equivalent to the total amount of oil that can be extracted from the Earth.”

More: World’s First Permanently Electrified Road For EV Charging On The Move

The Three Gorges was such a mammoth project that it took 18 years to complete, and there would be no quick turnaround on the solar space station project, either. The massively complex build process required to get all of the solar station’s parts into orbit – including developing a heavy-lift rocket for the job – means it’ll be years before it’s powering our lights and electric cars.

But if it works? It could light up cities, power EVs, and quietly reshape how we think about renewable energy—without ever casting a shadow.

Opening image is a rendering

How many times have we seen Rivian owners grumble about spending a small – or sometimes large -fortune on seemingly minor repairs after a fender bender or mishap? Dominic Wilkerson uses his Rivian R1T like the off-road-ready truck that it is. As such, he’s had a mishap or two on the trails.

In one recent incident, he accidentally damaged his rear tail light and tailgate. Rather than take it to Rivian for an expensive repair, he decided to tackle the job himself. The result? The total cost came in under $1,000, and the truck looks almost as good as new.

More: Can You Believe This Rivian R1T Damage Repair Cost $21,000?

As Wilkerson points out, many Rivian owners (rightly) live in constant fear that any kind of damage, no matter how minor, will result in a total loss. And, honestly, those folks aren’t totally out of their minds. Rear-end damage to a Rivian can be both expensive and complicated to fix, as we’ve seen time and time again. But Wilkerson wasn’t about to roll over and accept that fate. He took matters into his own hands.

The Repair Process: Not As Hard As It Sounds

First, he needed a tail light, which he sourced from Rivian’s Seattle service center for $700. In the video below, he demonstrates exactly what it takes to replace the part. In short, it’s a simple procedure that most gearheads and shadetree mechanics can accomplish. The really tricky part of the entire process was fixing the dents he’d put in his tailgate.

As it turns out, though, he’s familiar with paintless dent repair. No, he didn’t tackle the job himself, but rather he sourced a high-quality PDR professional to do the work. For just $200, the technician managed to pull out the big dents in his tailgate and even straighten some imperfections in the middle of it.

While Wilkerson admits that it’s not technically perfect, it’s the kind of fix that most people wouldn’t notice from 10 feet away. His attitude about it now is that, while he might eventually get the rest fixed, part of him appreciates the “battle scars” that show his truck is actually used for what it was made for.

Why Not Use Insurance?

Now, some readers might be asking why Wilkerson didn’t just file an insurance claim. Well, he addressed that too. “By the time I go through the whole process, I’d be without my vehicle for weeks,” he explained. And that’s a very valid concern. Given the notoriously long repair wait times at Rivian service centers, it’s not surprising that many owners would rather avoid the hassle entirely.

Review: The 2025 Rivian R1S Is An Imperfect But Promising Look At The Future

On top of that, insurance companies are totaling more vehicles than ever before. A recent study says that there’s a 42 percent chance of damage leading to a total loss than there was just a few years ago. While Wilkerson’s incident might not have led to that outcome, doing it the way he did assured that it wasn’t even possible.

Damaged tail light and big dent fixed by DIY and PDR for under $1000
byu/Domphotog inRivian

Lead image Dominic Wilkerson

Polestar has come a long way from its origins as Volvo’s performance division, evolving into a standalone electric vehicle manufacturer. But with this shift in direction, it raises the inevitable question: Will future Volvo models get high-performance variants like BMW’s M division or Mercedes’ AMG lineup? Well, independent designer Jordan Rubinstein-Towler has ventured into this very idea with his creation, the 240R, which is a high-performance, retro-futuristic take on his own Volvo 240 concept.

A Nod to the Past with a Twist

In keeping with the spirit of the original design study, the Volvo 240R blends the unmistakable boxy shape of the old 200 Series with modern styling. The R version introduces a sporty bodykit—think deeper bumpers, side skirts, a subtle diffuser, and a ducktail spoiler. It’s like the 240 got a solid workout, but still managed to keep its classic personality.

More: Modern Volvo 240 Design Study Proves Boxy Can Be Sexy Again

The renders speak for themselves. Rubinstein-Towler’s design work strikes a perfect balance with black and body-colored accents on the revamped parts, delivering that classic yet contemporary look. To really emphasize the performance angle, the car rolls on new black five-spoke alloy wheels, an homage to Volvo’s sporty heritage.

In one of the renderings, the sedan poses next to a Volvo 240 racer that enjoyed great success in touring car championships back in the ’80s. Likewise, the wagon is joined by the Volvo 850 R from the mid-90s.

Modern Interior, Retro Vibes

But the 240R isn’t just about looking fast on the outside—Rubinstein-Towler has also done some work on the interior. Highlights include the blue upholstery that brings a splash of color to the retro-inspired bucket seats, along with a fresh new steering wheel design. The digital cockpit, while updated, keeps things minimalist with a few smaller displays, paired with physical controls to preserve that tactile feel on the center console.

Illustrations Jordan Rubinstein-Towler

Power to Match the Looks?

Now, if this car ever made it to production, what’s going to power this modern interpretation of the classic ‘brick’? Since the modern reimagining of the Volvo 240 is an electric vehicle, the (fictional) 240R would also be expected to run on a zero-emission powertrain.

A quick peek into the Geely parts bin—Volvo’s parent company—shows that a high-performance electric car is well within reach. Take the Twin Motor Performance version of the new Volvo ES90, for instance; it produces a combined 671 hp (680 PS / 500 kW). That’s plenty of power for both a high-performance sedan and wagon.

Speaking of the ES90, the electric liftback sedan recently debuted as a direct rival to the BMW i5 and Mercedes EQE. From Rubinstein-Towler’s renderings, it looks like his 240R proposal could slot in just below that model, potentially filling the gap left by the soon-to-be-discontinued S60/V60.

More: Volvo Doesn’t Need Wagons Anymore, Says SUVs Are The Future

Such an offering would compete against the upcoming BMW Neue Klasse i3 and the electric Mercedes C-Class. BMW M has already teased a high-performance version of the electric sedan, while Mercedes is expected to release an AMG version sooner or later.

Hopefully, Volvo’s design team is paying attention to the innovative concepts emerging from independent designers. Perhaps they’ll find some inspiration for future models – assuming they’re not too busy figuring out how to make their SUVs even more ubiquitous.

Illustrations Jordan Rubinstein-Towler

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A post shared by Jordan Rubinstein-Towler (@jrubinsteintowler)

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A post shared by Jordan Rubinstein-Towler (@jrubinsteintowler)

While the Tesla Cybertruck seems to be a regular target for ridicule, one example was recently able to tow out a Ford F-150 that got stuck in the snow somewhere in Canada. Although there’s a chance that the whole thing was staged, the clip does show that with a good set of rubber, the truck can put all of its electric power to good use.

Watch: Cybertruck Stuck On Ping Pong Mode In Flowing River

These videos, shared on the Cybertruck Owners Club forum, were filmed by a group of friends who were out enjoying some snow-filled fun in both the Tesla and a Ford F-150. For reasons that are still unclear, the driver of the F-150 seemed to intentionally reverse into a snowbank just off the side of the road—promptly getting stuck, of course. Classic move.

Now, we could all roll our eyes and assume this whole thing was set up—perhaps the F-150 was driven into the snow just for the Tesla to save the day. But regardless of the setup, the video shows one thing: the Cybertruck can actually get things done when it’s not stuck itself.

Driving on snow can be difficult for any road-going vehicle, but this Cybertruck appears to have been aided by the fact that it rocks a set of Goodyear Wrangler Duratrac tires, providing it with better traction than the standard rubber. We’re not sure if it’s a dual-motor AWD version or a tri-motor Cyberbeast, but it apparently had more than enough power to pull out the Ford with ease.

Watch: The Cybertruck Might Be Defeated By Sand, But It Can Rock Crawl

Despite the occasional viral mishap, the Cybertruck’s electric motors and advanced electronics can be helpful in certain off-roading situations. For example, the Tesla has no trouble storming through some of the most difficult and famous rock-crawling areas in the United States, including ‘Hell’s Revenge’ and the ‘Hot Tub’ in Moab, Utah.  

Skoda introduced the Elroq last fall and now the company is gearing up to introduce the all-new RS variant. As part of this effort, they’ve released a revealing teaser video that gives us a glimpse of the electric crossover ahead of its debut on April 3.

Set to be unveiled at Milan Design Week, the Elroq RS has been given a sporty makeover as it features a high-gloss black Tech-Deck Face as well as a unique front bumper. The latter has a sportier central intake with painted triangular accents. They’re joined by horizontal black bars that flow into the vertical air curtains.

More: Skoda’s New Elroq EV Aims For The Mainstream Sweet Spot

Moving further back, we can see new front fender badging and aerodynamically optimized wheels with a Mamba Green accent. While the rear end appears to carryover, the blacked out bumper suggests it could be updated as well.

The styling changes continue inside as we can see a perforated flat-bottom steering wheel with vRS badging. Elsewhere, there are two-tone front seats with vRS embroidery on the headrests. We can also expect a familiar digital instrument cluster and a freestanding infotainment system with a 13-inch display.

Powertrain details remain elusive, but the current range-topper is the Elroq 85. It features an 82 kWh battery pack as well as a rear-mounted motor producing 282 hp (210 kW / 286 PS) and 402 lb-ft (545 Nm) of torque. This allows the model to accelerate from 0-62 mph (0-100 km/h) in 6.6 seconds and have a WLTP range of 361 miles (581 km).

Update: US President Donald Trump has confirmed that he pardoned Trevor Milton. When asked why he did so, Trump told reporters at the White House, “I think he was exonerated. And then they brought him into New York, he had a rough, rough road, and … he was exonerated. It was a big celebration.”

“They say the thing that he did wrong was, he was one of the first people that supported a gentleman named Donald Trump for president,” Trump continued, according to CNBC. “He supported Trump. He liked Trump. I didn’t know him, but he liked him.”

“They persecuted him, they destroyed five years of his life. He… fought for five years of his life, and he did nothing wrong. And he’s a good person,” the President added.

Original story follows below.

In December 2023, Trevor Milton, the founder and former CEO of Nikola, was sentenced to four years in federal prison for engaging in securities and wire fraud. Fast forward to today, and he’s sent out a press release claiming he’s been pardoned by US President Donald Trump. Furthermore, Milton says he’s about to release a documentary that promises to dive deep into the controversies surrounding Nikola.

Trump had criticized hydrogen cars during his 2024 campaign, suggesting the vehicles were prone to exploding. Meanwhile, his advisor and head of the DOGE division, Elon Musk, was locked in an ongoing feud with Trevor Milton, trading barbed insults. A few years ago, Musk tweeted, “Fuel cells = fool sells,” calling the technology “staggeringly dumb” in reference to Nikola’s hydrogen-powered trucks.

Milton, who has been out on bail since his sentencing, has vigorously appealed the court’s decision to lock him up. Originally, he was slapped with a $1 million fine in addition to his prison sentence and three years of supervised release. On top of that, he was ordered to pay Nikola $167.7 million for making false and misleading statements.

Read: Nikola Goes Bankrupt As Startup Once Valued Higher Than Ford Runs Out Of Cash

The entrepreneur has long pleaded his innocence, and in a YouTube documentary to be released soon, he says he will now tell his side of the story.

“This pardon is not just about me—it’s about every American who has been railroaded by the government, and unfortunately, that’s a lot of people,” Milton said. “It is no wonder why trust and confidence in the Justice Department has eroded to nothing. I wish judges would stop believing whatever the prosecutors feed them so Americans could trust the justice system again. Until that happens, our justice system will continue to erode until there is nothing left.”

“The 90+% conviction rate in New York is appalling and is a result of prosecutors getting whatever they want and putting innocent people in prison,” he added. “I saw firsthand the tactics they use to achieve those guaranteed convictions. I am incredibly grateful to President Trump for his courage in standing up for what is right and for granting me this sacred pardon of innocence.”

The documentary, Conviction of Conspiracy: The Trevor Milton Saga, has been directed by British filmmaker Mark Soldinger. A preview for the film claims it will be “pulling back the curtain on the media firestorm, legal maneuvers, and unseen dynamics that shaped the outcome” of the case.

The film appears to have been produced by Milton himself, and a trailer was shared to his personal YouTube channel. Whether or not it will show an accurate representation of what happened remains to be seen, but it will be interesting to see behind the scenes of Nikola’s struggles.

Today I was issued a full and unconditional pardon by @realDonaldTrump himself. He called me personally to tell me.

This pardon is not just about me—it’s about every American who has been railroaded by the government, and unfortunately, that’s a lot of people. It is no wonder… pic.twitter.com/qpT0jjI6Fy

— Trevor Milton (@nikolatrevor) March 28, 2025