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    Electric vehicles

    Today

    Tesla has suffered a raft of other pressures, from higher interest rates to supply chain glitches.

    Why Musk’s antics now appear to be hurting his bottom line

    After a string of inflammatory remarks on social media, Elon Musk seems to be turning off the most obvious customers for his cars.

    • Updated
    • Pilita Clark

    Rolls-Royce’s electric Spectre has landed – in all its pompous glory

    You don’t buy a Rolls, you commission one, and the options are almost endless. But the marque’s first EV sure makes its presence felt on Australian roads.

    • Tony Davis

    This Month

    Collapsed EV fast-charging group Tritium has been bought out by Indian group Exicom for $45 million. It was valued at $2 billion in 2022.

    Former Rich Lister applauds Tritium sale despite $100m up in smoke

    Former coal baron Trevor St Baker says the $45m sale of collapsed EV fast-charging station group Tritium crystallised a big loss for him, but new owner Exicom will be a good steward.

    • Simon Evans
    China accounts for 80 per cent of all global manufacturing capacity, but last year there was 315 gigawatt hours (GWh) of excess battery production.

    How the big bet on electric car gigafactories went badly wrong

    A glut of batteries is good news for anyone buying an electric vehicle, but it’s slowing development of the capacity needed in the future.

    • James Titcomb
    The Toyota RAV4 was the top-selling vehicle in Australia in July, with many of those models a hybrid version. Hybrids are winning over more buyers, compared with full-battery EVs.

    Battery EV sales slump as cautious buyers opt for hybrids

    Hybrid vehicles – with a petrol- or diesel-powered engine and a smaller battery and electric motor – are proving very popular as some buyers baulk at full-battery EVs.

    • Simon Evans
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    Splenda founder Chris King (pictured)

    Splend nabs fresh funds from Clean Energy Finance Corporation

    The new funds will be put towards taking Splend’s overall Australian fleet to over 5000 vehicles by the end of the year, with more than 2000 being zero-emission EVs.

    • Sarah Thompson, Kanika Sood and Emma Rapaport

    July

    An advertisement for Aion EVs in Bangkok’s business district.

    How China upends a country’s entire car market

    The overseas push is the next phase in Beijing’s long-term strategy to focus on new energy vehicles and upend the balance of power in the automobile industry.

    • Daisuke Wakabayashi and Claire Fu
    Lamborghini Revuelto.

    Meet the Lamborghini V12 hybrid Revuelto

    The brand’s new flagship is sure to trigger the emotions of its new owners, but that’s what you’d expect for a $1 million outlay.

    • Tony Davis
    Car yards are full and dealers are worried they are in a race to the bottom on prices.

    Car yards are full and dealers worry they are racing to the bottom

    There’s been little economic data to offset expectations that the RBA needs to raise interest rates. A review of conditions at car dealerships caught our eye.

    • Updated
    • Anthony Macdonald

    The carnage in the EV industry is only just getting started

    Electric carmakers are awash with red ink; costs are too high, much higher than for petrol cars; shortages of critical materials pushing prices higher all the time, and consumers are increasingly nervous.

    • Matthew Lynn
    The visual references for the Cybertruck don’t come from contemporary car design.

    The Cybertruck is a culture war on wheels

    Elon Musk’s Cybertruck is inspiring a lot of strong feelings.

    • Joseph Bernstein
    Audi SQ8 e-tron

    Audi’s luxe electric SUV faces uncertain future

    The new SQ8 e-tron ups the ante on multiple fronts, and it’s more comfortable than most electric SUVs. But production costs are weighing on its viability.

    • Tony Davis
    Lithium prices have slumped over the last year, with Citi suggesting a weaker share price at Arcadium, a major producer, could be an opening for Rio Tinto.

    Should Rio Tinto buy out this ASX lithium miner? Citi thinks so

    The investment bank told clients that acquiring Arcadium Lithium could be a more economic option for the iron ore giant than developing its own projects.

    • Joshua Peach and Tom Richardson
    A Tesla Model 3 electric vehicle.

    Tesla tumbles on report of delayed Robotaxi unveiling

    Tesla is delaying its planned robotaxi unveiling to allow teams working on the project more time to build additional vehicle prototypes, Bloomberg reported.

    • Dana Hull and Ed Ludlow
    BHP’s Geraldine Slattery.

    BHP’s nickel blunder a timely reminder for Australia

    BHP wanted to profit from the EV boom by selling nickel to battery makers. It hasn’t worked, yet.

    • Anthony Macdonald
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    Feel the need for Speed as Bentley unveils its most powerful vehicle

    With a hybrid V8, the Continental GT Speed will be available as a coupe or convertible.

    • Tony Davis
    The Ferrari Roma Spider.

    Ferrari’s first electric car may cost more than $800,000

    By the end of the decade as much as 80 per cent of the car maker’s new vehicles could run on batteries. The first is scheduled for 2025.

    • Bernhard Warner

    We went from hate to love in no time flat with this electric scooter

    It may not have the charm of a Vespa, but this nifty and very reasonably priced bike from Segway gives it a run for its money.

    • John Davidson

    The upgraded Tesla that’s cheaper than its predecessor

    The new Model 3 Performance delivers a power boost and driving modes that range from Chill to Insane.

    • Tony Davis
    Deliveries.

    Tesla surges as quarterly deliveries fall less than expected

    Shares in the EV maker leapt 10.2 per cent after it reported that it delivered 443,956 vehicles in the second quarter.

    • Kara Carlson and Dana Hull