Latest news with #luxuryEV
Yahoo
8 hours ago
- Automotive
- Yahoo
Lucid Stock Is Surging Higher Again Today. Is It Still a Buy Around $3?
Key Points Lucid has a plan for its path to profitability. The luxury EV maker still needs to cross a long bridge to get there. Investors who want to own the stock should keep their eyes on two important things. 10 stocks we like better than Lucid Group › Shares of luxury electric vehicle (EV) maker Lucid Group (NASDAQ: LCID) have been on a roll. News earlier this week had the stock soaring as investors cheered a new partnership that will have Lucid's Gravity SUV on the road as a rideshare robotaxi as soon as next year. Today, news that all Lucid Air sedan models will have the ability to charge utilizing Tesla's Supercharger network beginning July 31 has the stock surging another 9.4% as of midday trading. That brings the rise in Lucid stock to over 50% just since the start of July. That might have some investors wondering if it's too late to join in the rally, or if Lucid stock is still a good buy at today's price of around $3 per share. Lucid's path to profitability Lucid Air owners might be pretty happy about today's news. Access to more than 23,500 of Tesla's charger network certainly could make charging during long road trips more convenient. Not that owners of the luxury Air sedan would have range anxiety to start with. Lucid's Air Grand Touring model has an industry-leading range of up to 512 miles on a full charge. But that luxury model is a niche product for wealthy EV buyers and isn't how Lucid will reach profitability. That factor is what can make the stock a great investment at this level. The earlier news this week that Lucid is partnering with rideshare company Uber Technologies and self-driving technology company Nuro was more important for Lucid investors. Uber will add capital to Lucid's balance sheet with a $300 million investment and plans to deploy a fleet of more than 20,000 Lucid EVs starting next year for a premium robotaxi program. Those EVs should help boost Lucid's overall sales volume in the coming years. That, along with any plans to add lower-priced models to its lineup, is what investors need to monitor with an investment in Lucid. Should you invest $1,000 in Lucid Group right now? Before you buy stock in Lucid Group, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Lucid Group wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $665,092!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,050,477!* Now, it's worth noting Stock Advisor's total average return is 1,055% — a market-crushing outperformance compared to 180% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of July 21, 2025 Howard Smith has positions in Lucid Group and Tesla. The Motley Fool has positions in and recommends Tesla and Uber Technologies. The Motley Fool has a disclosure policy. Lucid Stock Is Surging Higher Again Today. Is It Still a Buy Around $3? was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
ArabGT
2 days ago
- Automotive
- ArabGT
Mercedes EQ Prices Drop Sharply as Brand Prepares for Electric Future
In a strategic shift that may redefine the luxury EV landscape, Mercedes-Benz has announced significant adjustments to Mercedes EQ prices, cutting costs across its all-electric EQE and EQS models. The move comes as the German automaker gears up to launch an all-new generation of electric vehicles in 2026, aiming to re-energize demand in a competitive market. Why Mercedes EQ Prices Are Dropping Now Despite offering innovative technology, bold design, and strong performance, the Mercedes EQ lineup has struggled to achieve its global sales targets. Sources suggest models like the EQE and EQS fell short of expectations, particularly in the United States and Europe. Several challenges have contributed to the situation: Unconventional styling : The futuristic, streamlined look of the EQ models deviated from classic Mercedes design cues, dividing consumer opinion. Premium starting costs : Initial Mercedes EQ prices were considerably higher than those of competitors like BMW, Tesla, and Lucid, making them less appealing to value-focused buyers. Tougher market competition: The influx of new luxury EVs from brands such as Audi and Genesis has intensified the pressure. New Mercedes EQ Prices: How Much You'll Save In select markets, discounts have exceeded $10,000 (around SAR 37,500), signaling Mercedes' urgency in clearing current inventory and creating room for its next-generation EV platform. The newly adjusted Mercedes EQ prices for 2026 models are: EQE Sedan : $66,100 (SAR 247,875), down from $76,050 EQE SUV : $66,100 (SAR 247,875), down from $79,050 EQS Sedan : $101,400 (SAR 380,250), down from $105,550 EQS SUV: $91,100 (SAR 341,625), down from $106,400 These revised Mercedes EQ prices reflect a clear strategy to boost accessibility without compromising the premium experience. Is Now the Right Time to Buy? For luxury EV enthusiasts, the latest Mercedes EQ prices represent a compelling opportunity. Both EQE and EQS models feature high-end interiors, Mercedes' MBUX infotainment system, and competitive driving ranges. With lower entry points, the EQ range now appeals to a wider demographic previously priced out of the market. What's Next for the Mercedes EQ Lineup? These price reductions do not signal retreat but rather a realignment. Mercedes is preparing to launch its new electric architecture in 2026, which will deliver enhanced range, faster charging, and a more dynamic driving experience. Alongside this technological evolution, the brand plans to revisit its design language, bringing it closer to the timeless elegance of the S-Class and E-Class while maintaining the advanced identity of the EQ brand.
The Independent
15-07-2025
- Automotive
- The Independent
The Chinese EVs coming to shake up the UK
In this episode, we head to China, to test drive two bold new entries in the EV world: the Zeekr 7 GT and the Lynk & Co 02 — both from automotive powerhouse G Group, the parent company behind Volvo, Lotus, and Smart. We take a closer look at the Zeekr 7 GT, a sleek, tech-forward luxury EV packed with premium features like Dolby Atmos audio, seamless navigation, and an intuitive head-up display. Alongside it, the Lynk & Co 02 impresses with its stylish design, lively performance, and accessible pricing. With both models expected to hit the UK market, and hints of the Lynk & Co 900 SUV also on the horizon, these brands are looking to shake up the EV scene in Europe. Are these the next big names in electric driving? Watch more from Drive Smart on Independent TV.
Auto Blog
13-07-2025
- Automotive
- Auto Blog
The Cheapest New Volvo America Is Still Waiting For
By signing up I agree to the Terms of Use and acknowledge that I have read the Privacy Policy . You may unsubscribe from email communication at anytime. No other luxury EV is this affordable Volvo isn't exactly known for bargain pricing. It's a premium brand, Swedish by design, and has spent decades cultivating a reputation for quiet luxury and impeccable safety. But as the EV shift accelerates, even Volvo has had to rethink its entry point. In October 2023, Volvo announced that the 2025 EX30 electric crossover range would start with a single-motor model priced at $34,950. This represents exceptional value for a luxury EV, but would also make it the cheapest new Volvo on sale, including gas models. In late 2024, Volvo announced that the base EX30 would arrive 'later in 2025'. It's still not here, but let's look at what to expect from this affordable Volvo when it eventually arrives. The EX30 Will Be Volvo's New Entry-Level Model 2025 Volvo EX30 2025 Volvo EX30 2025 Volvo EX30 At under $35k, the base EX30 easily undercuts the dual-motor EX30, which starts at $44,900. Looking at other luxury automakers, their cheapest EVs are far more expensive than the base EX30. Audi's Q4 e-tron starts at $49,800, while Mercedes charges $53,050 for the base EQB. Even Genesis, which usually comes in cheaper than the Germans, charges $52,350 for its cheapest EV, the GV60. Standard power in the base EX30 comes from a single rear-mounted electric motor producing 268 horsepower, which is enough for a 0-60 mph time of just above five seconds. The twin-motor Performance trim with 422 hp will hit 60 in a mere 3.4 seconds, so there's quite a gulf between the two in terms of performance. When we drove the single-motor model, we found it had plenty of punch and was more fun to drive than the heavier dual-motor version. Range varies depending on battery and motor choice. The base EX30 Single Motor with the extended range battery can hit 261 miles on a full charge, whereas the Twin Motor has a max range of 250 miles. Autoblog Newsletter Autoblog brings you car news; expert reviews and exciting pictures and video. Research and compare vehicles, too. Sign up or sign in with Google Facebook Microsoft Apple By signing up I agree to the Terms of Use and acknowledge that I have read the Privacy Policy . You may unsubscribe from email communication at anytime. Charging speeds peak at 153 kW, allowing a 10–80% top-up in around 26 minutes. Why It's Cheaper Than An EX40 2025 Volvo EX30 — Source: Volvo The EX30 is smaller, lighter, and built to scale. It shares its SEA platform with other Geely-group EVs, and it was originally developed with production in China before Volvo announced plans to build U.S. market models in Belgium — a shift triggered by potential tariffs and inflationary cost pressures. For buyers exploring the Volvo price range, it marks a decisive new entry point. Meanwhile, the XC40 Recharge — once the cheapest electric Volvo SUV, and now called the EX40 — now starts at $52,500, making the EX30 a full $17,550 cheaper. Even the XC40 mild-hybrid petrol model now begins above $40,000, while the cheapest Volvo sedan costs nearly $44k, meaning the EX30 undercuts everything across the Volvo catalogue, combustion or electric. If you're looking for the least expensive Volvo with real performance, this is it. Despite this, the EX30 isn't a stripped-out budget special. Standard kit includes: A 12.3-inch digital display with Google built-in Android Automotive OS with wireless Apple CarPlay Lane keeping, adaptive cruise, and cross-traffic alert A full-length glass roof on some trims Sustainable interior materials like flax and recycled denim What it lacks is clutter. There's no instrument cluster, no physical buttons, and no bulky proportions. It's minimal in the purest Scandinavian sense, and Volvo's cheapest car is also the cleanest. How It Compares To Rivals Audi Q4 e-tron The cheapest Volvo SUV model lands in a fast-growing segment that includes the following: Hyundai Kona Electric – cheaper, less powerful, more conventional Tesla Model Y – larger, faster, pricier, less premium inside Audi Q4 e-tron – similar performance, tech, and prestige, but pricier Most undercut the EX30 slightly in price or beat it in range, but none offer the same mix of safety, branding, interior maturity, and performance credibility in one neat package. Minimalism With Purpose 2025 Volvo EX30 The interior of the Volvo EX30 is classic modern Volvo — stripped back, subtly clever, and clean without feeling cold. There's no traditional instrument cluster; instead, all essential info is displayed on a central 12.3-inch portrait touchscreen running Google's Android Automotive OS. Materials are sustainable but don't scream about it — think flax-based fabrics, recycled denim, or a wool blend option depending on spec. Storage is smart too: the glovebox is mounted centrally beneath the screen, and there's a removable centre console bin that doubles as in-car storage or a grab-and-go container. Minimalist doesn't mean empty — it feels considered, not compromised. Who's It For? Source: Zac Palmer The EX30 is designed for younger, urban buyers who want a Volvo badge without a Volvo footprint. It's small enough to feel manageable, smart enough to feel premium, and quick enough to feel exciting. Running costs are low, tax incentives apply in some regions, and total cost of ownership undercuts many petrol SUVs. It's also one of the few entry-level EVs that doesn't feel like a compromise. You're not just buying into the brand — you're getting something that feels complete. 2025 Volvo EX30 — Source: Volvo Often, manufacturers announce a base model with an extremely attractive price, but it ends up being more expensive by the time it goes on sale. The Tesla Cybertruck was an extreme example of this, with an initial expected cost of under $40k which never materialized. When the EX30's base price was originally announced, the effect of tariffs had also not yet been felt. That said, Volvo is a lot less prone to hyperbole than Tesla. All we know is that the single-motor EX30 is still scheduled to arrive at some point in 2025, and Volvo has not said anything about a change to its base price. If it gets here soon at $34,950, it will be the cheapest new Volvo on sale and easily one of the most enticing EVs at that price point. It looks great, is fast enough, and has the upscale appeal of more expensive Volvos. Let's hope we get to experience it soon on local soil. About the Author Karl Furlong View Profile
Motor Trend
09-07-2025
- Automotive
- Motor Trend
2026 Lexus RZ First Drive: A Better Electric SUV With Room to Grow
Pros More range Faster AC home charging More power Cons Needs a new driver display No one-pedal driving mode RZ550e's slightly subdued styling On a winding road in sunny Portugal, it took 408 hp and a funky steering wheel to remind us the pleasures of just driving. Remember driving? Not checking your phone every red light, just real, focused driving. The revised-for-2026 Lexus RZ is making a bid to be the electric luxury SUV that brings all that back. The 2026 Lexus RZ offers improved range, a quieter ride, and better charging speeds but lacks some features in the U.S., such as steer-by-wire. The RZ550e F Sport excels in driving excitement, but the U.S. market misses key features, limiting its appeal compared to rivals. This summary was generated by AI using content from this MotorTrend article Read Next Let the 2026 RZ550e F Sport serve as our latest reminder that Lexus has engineered some really entertaining cars over the years. In this same spirit, the luxury brand's latest offering is electric, it's cool, and, well, sadly if you're in the U.S. or China, you can't have the most interesting version—just pieces of it. Updates Everywhere Before now, the RZ's range was so subpar we had trouble seeing its value in a growing market full of all-electric options offering more range for less money. Charge speeds were similarly uncompetitive. In some of the most crucial ways we evaluate electric cars today, the first Lexus EV was outclassed. Now, range on the 2026 Lexus RZ tops out at an estimated 302 miles in the single-motor RZ350e base model. That badge sees a numerical bump from last year's RZ300e model, which had a shorter driving range and a mere 201 hp instead of the 2026's 224 hp. In our experience with a 2024 RZ300e and the new 2026 RZ350e, this variant offers sufficient oomph for most everyday driving. That's especially true when passing at speed versus acceleration from a stop. Dual-motor all-wheel drive is standard on the RZ450e, which now has 313 hp (up 5 hp from before) and a range of 261 miles with 18-inch wheels or 255 when upgrading to 20-inch wheels. Those 20s look great, and hey, 6 miles is well worth the cost in range for the added visual flair they provide. Then there's the new RZ550e, a 408-hp dual-motor AWD model that's only sold in Lexus's F Sport trim. Range is 228 miles, which is OK for an electric luxury SUV with that much power, but ... here's the problem: While Lexus has helpfully increased range, the Genesis GV60—our No. 1 ranked compact electric luxury SUV as this is written—is expected to do the same for 2026. The 2026 RZ is also quieter, a hugely important metric for a luxury SUV that shares a platform with a down-market Toyota (the bZ4X, which becomes the bZ for 2026 and sees similar revisions). We're told the team paid special attention to reducing tire noise for rear occupants customers and even made things a smidge quieter by installing a thicker cargo cover. Huh. Home AC charging speed jumps from 6.6 kW to 11 kW, which meets this segment's standard and is just about where today's home chargers top out anyway. Cadillac offers quicker home charging still for when those chargers speed up in the future. When you're out road-tripping, max charge speed is a just-OK 150 kW, but there's news here, too: The 2026 RZ integrates a Tesla-style NACS port. Now located on the passenger side (unlike the Euro-spec models we drove), the U.S. market's charge port with NACS integration should make longer highway journeys more pleasant and charging easier to find. The 2026 RZ550e F Sportisn't the only modern car to offer a steer-by-wire system, where there's no mechanical connection between the steering wheel and the wheels, but it may be the best application yet. Yes, the steering 'yoke' looks like a gimmick, and no one needs steer-by-wire or an airplane-cockpit-inspired steering wheel. But that's a slippery slope. No one needs 408 hp either, yet we like living in a world where an electric Lexus delivers 0–60 thrills quicker than almost every new Lexus offered today. Think of the steer-by-wire tech as the latest in automakers' efforts to make electric cars engaging, though gas cars can have this tech, too. Many electric cars don't inspire a smile when the road ahead curves, but we don't feel that way about the Euro-spec RZ in 550e F Sport form. To be clear, this is no game-changing sports SUV, merely one that will surprise those who associate RZs more with incredible lease deals than with sportiness. The steering is extremely quick, though Lexus has dialed this back a bit from when we first drove an RZ prototype with the system. There is some feel through the steering yoke plus feedback you'll feel through the 550e model's retuned suspension. If you're wondering if this steering tech and new steering wheel are different for the sake of being different or an improvement, the answer is yes. Based on our latest experience with the tech Lexus has been working on for 10 years, some won't see the value in it while a select few enthusiasts may see it as a key differentiator. There's even a manual mode that generates futuristic acceleration noises, a little faux shift shock, and, get this, it bounces those noises off a fake rev limiter if you don't 'upshift' in time. That's a great detail we will get in the U.S. But we won't get the steer-by-wire, the steering yoke, or VCIM, a tech that is said to help keep the ride flatter and more comfortable. Our big question: Will the RZ550e still feel as F Sporty without those details, steered by way of a conventional round wheel? 2026 RZ: The Rest of the Package While the U.S.-spec RZ550e's thrill factor isn't clear, we do want to call attention to a luxury feature that's equal parts function and magic trick. The RZ again offers the brand's Dynamic Sky glass roof, a feature we've seen on other cars and first experienced years ago on the Toyota Venza. Instead of doing something silly like automakers that offer glass-roof cars without a way to shield passengers from the sun, this tech delivers most of the benefits of an old-fashioned retractable roof cover. In the 2026 RZ, the tech has been updated to block more of the sun when it's opaque and show a bit more when you hit the button to see what's above you. We've tested it and can confirm it's super cool. We like that tech, but Lexus needs to install a bigger and redesigned driver display. Even with the unobstructed view of the display we had thanks to the Euro-spec SUV's steering yoke, the screen's contents are jumbled. We also would like the option of one-pedal driving, where you can slow the vehicle to a stop simply by lifting one's foot off the accelerator. The 2026 RZ offers multiple levels of regen via steering wheel paddles that can slow the RZ this way, but a full one-pedal option that brings it to a complete stop isn't available. We don't mind that one-pedal driving isn't as efficient as coasting; it's an interesting alternative driving style some now prefer, especially around town. If part of luxury is customizing an experience the way you want, a well-tuned one-pedal driving model should be part of the package, as it is elsewhere. Is the RZ Finally Good? Yes, the newly updated 2026 Lexus RZ is good. Well, it's better, anyway. Loyal Lexus customers who appreciate the brand's core values—luxury, quality, and a consistently excellent dealer experience—should love the improved range, quietness, and home-charging speed. Anyone who cross-shops, however, will find even better range and public fast-charging speed elsewhere. That doesn't even begin to account for the Tesla Model Y's surprisingly capacious interior. Tesla isn't as respected as it once was, and its interior quality can't touch the RZ's, but the Model Y's ubiquity and similar model structure make it a good bogey in addition to the Genesis GV60. Perhaps the pre-2026 RZ simply had too much ground to make up in one update. Taken as a whole, the U.S.-spec 2026 RZ lineup may not attract much attention beyond buyers already set on Lexus, but those who do try it are getting a better SUV than before.
