Latest news with #Model3
Yahoo
2 hours ago
- Automotive
- Yahoo
Tesla sparks buzz after announcing updated model coming to key market — here's what we know
Amid news of the Robotaxi and disgruntled shareholders, Tesla has also revealed the launch of a new Model 3 in China. Tesla had to file the new car's information with China's Ministry of Industry and Information Technology in advance of the rollout. According to AutoEvolution, the new Model 3+ has a single-motor configuration and an NMC battery, which may mean a longer range of over 500 miles. The Model 3+ in China will likely be comparable to the Model 3 Long Range in the United States. The addition of a new, long-range car to its lineup in China could help the company recover from two less-than-stellar quarters in 2025. Tesla's auto sales were down year-on-year in both Q1 and Q2 of 2025, as Buyacar observed. Switch Auto Insurance and Save Today! Great Rates and Award-Winning Service The Insurance Savings You Expect Affordable Auto Insurance, Customized for You Tesla stock has also fallen as a result of Q1 and Q2 sales. According to CNBC, "CEO Elon Musk told analysts that there could be a 'few rough quarters' ahead due to the expiration of federal electric vehicle tax credits." Musk's polarizing involvement in politics and his public feuds have also contributed to sales and stock volatility. However, Teslas and other electric vehicles play an important role in combating Earth's overheating. The Environmental Protection Agency explains that EVs have a lower environmental footprint than standard gas-powered cars, even when accounting for pollution from manufacturing the vehicles or their batteries. Additionally, charging an EV with energy generated from renewable sources, such as solar, results in nearly zero pollution. Installing home solar can drastically increase savings from EV ownership. Filling up with solar energy at home is cheaper than either recharging at public stations or relying on the grid to charge at home. EnergySage offers a free platform to compare quotes from vetted solar installers, potentially saving up to $10,000 on your installation. Would you be more likely to get an EV if it helped cut your energy costs? Big time Depends how much I'd save Still a no for me I already have an EV Click your choice to see results and speak your mind. Apart from reducing heat-trapping pollution that contributes to the planet's warming temperatures, EVs also have beneficial health impacts on communities, as they can reduce air pollution around homes and businesses. China produces about 70% of all EVs, according to the International Energy Agency, and Car News China stated that about 9% of all cars on the roads in China are EVs. For those in China who want to take advantage of the Model 3+'s extended range, AutoEvolution noted that the Model 3+ will be available in September. Join our free newsletter for good news and useful tips, and don't miss this cool list of easy ways to help yourself while helping the planet.
Business Insider
8 hours ago
- Automotive
- Business Insider
Tesla (TSLA) Is Close to Having Its FSD Feature Approved in Europe
EV maker Tesla (TSLA) is getting closer to having its Full Self-Driving (FSD) feature approved in more countries, including some in Europe, where regulations have been especially strict, according to Notebookcheck. As a result, Tesla is expanding its free FSD transfer promotion outside the U.S. Now, customers who buy a new Model Y, Model 3, or the updated Model S or X can move their old FSD package to the new vehicle at no extra cost. The deal lasts through September 30, 2025, but may be extended if more approvals are secured. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. In the U.S., Tesla has offered this transfer deal almost every quarter since early 2024. However, European buyers who paid for FSD years ago haven't been able to use it yet because regulators haven't approved it for public roads. That may finally be changing with the release of FSD version 13, which is far better at handling Europe's narrow roads and complex roundabouts. Indeed, Tesla has shown successes—like safely navigating Paris's Arc de Triomphe—and is gaining regulatory support. The company believes that countries like the Netherlands could approve the feature as early as this quarter or next. To support loyal European customers who've been waiting a long time, Tesla is now offering the free FSD transfer in Germany and across the EU with certain conditions. Buyers must order and receive the new Tesla between July 18 and September 30, 2025. The same Tesla account must own both vehicles, and the current car with FSD must stay registered to the owner for at least 72 hours after the new one is delivered. This move not only helps frustrated FSD owners but could also boost Model Y sales, especially in Europe, where Tesla has seen demand drop sharply due to backlash against Elon Musk's political statements. What Is the Prediction for Tesla Stock? Turning to Wall Street, analysts have a Hold consensus rating on TSLA stock based on 13 Buys, 15 Holds, and eight Sells assigned in the past three months, as indicated by the graphic below. Furthermore, the average TSLA price target of $305.37 per share implies 4% downside risk.
Business Insider
14 hours ago
- Automotive
- Business Insider
Tesla Is Close to Having Its FSD Feature Approved in Europe
EV maker Tesla (TSLA) is getting closer to having its Full Self-Driving (FSD) feature approved in more countries, including some in Europe, where regulations have been especially strict, according to Notebookcheck. As a result, Tesla is expanding its free FSD transfer promotion outside the U.S. Now, customers who buy a new Model Y, Model 3, or the updated Model S or X can move their old FSD package to the new vehicle at no extra cost. The deal lasts through September 30, 2025, but may be extended if more approvals are secured. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. In the U.S., Tesla has offered this transfer deal almost every quarter since early 2024. However, European buyers who paid for FSD years ago haven't been able to use it yet because regulators haven't approved it for public roads. That may finally be changing with the release of FSD version 13, which is far better at handling Europe's narrow roads and complex roundabouts. Indeed, Tesla has shown successes—like safely navigating Paris's Arc de Triomphe—and is gaining regulatory support. The company believes that countries like the Netherlands could approve the feature as early as this quarter or next. To support loyal European customers who've been waiting a long time, Tesla is now offering the free FSD transfer in Germany and across the EU with certain conditions. Buyers must order and receive the new Tesla between July 18 and September 30, 2025. The same Tesla account must own both vehicles, and the current car with FSD must stay registered to the owner for at least 72 hours after the new one is delivered. This move not only helps frustrated FSD owners but could also boost Model Y sales, especially in Europe, where Tesla has seen demand drop sharply due to backlash against Elon Musk's political statements. What Is the Prediction for Tesla Stock? Turning to Wall Street, analysts have a Hold consensus rating on TSLA stock based on 13 Buys, 15 Holds, and eight Sells assigned in the past three months, as indicated by the graphic below. Furthermore, the average TSLA price target of $305.37 per share implies 4% downside risk.
The Advertiser
a day ago
- Automotive
- The Advertiser
'Not good enough': electric vehicles fail range claims
Some of Australia's best-selling electric vehicles fail to meet their advertised range and consume significantly more power than manufacturers promise, on-road tests reveal. One popular SUV performed particularly poorly, stopping short of its advertised range by more than 100km, which one motoring group called "not good enough". The Australian Automobile Association released the results on Thursday after testing five electric vehicles as part of its $14 million Real-World Testing Program. The findings come one week after the program revealed 25 out of 30 petrol and hybrid vehicles tested had consumed more fuel than their lab results showed and more than three in every four vehicles examined in the scheme failed to meet expectations. The motoring body road-tested five electric vehicles in its first trial of the technology, using a 93km circuit around Geelong in Victoria in damp and dry conditions, and measuring the vehicles' energy consumption. BYD's Atto 3 SUV produced the worst result of the models tested, falling short of its promised range by 111km or 23 per cent, and using 21 per cent more power than advertised. Tesla's entry-level electric car, the Model 3, also failed to meet its promised range by 14 per cent, or 72km, and used six per cent more electricity than lab results showed. The Tesla Model Y and Kia EV6 SUVs also failed to meet their range by eight per cent, or just over 40km, while the Smart #3 electric car came the closest to its lab test results, falling within five per cent or 23km of the advertised range. Significant differences between the advertised and actual range or fuel consumption of vehicles had the potential to mislead buyers, NRMA spokesman Peter Khoury said, and were not acceptable. "A gap of 23 per cent or 26 per cent is obviously not good enough," he told AAP. "It is important that people are getting what they're paying for." The results underlined the importance of independently testing vehicles, Mr Khoury said, as laboratory test results had proven unreliable for both fuel and electric cars. An electric car's range could be affected by a number of factors, Australian Electric Vehicle Association national president Chris Jones said. These include high or low temperatures, headwinds, steep terrain, and the use of air conditioning and heating features. Car makers should seek to "under-promise and over-deliver" when it comes to vehicle range, he said, to allow buyers to make informed choices about the models that will suit their needs. "It is frustrating that manufacturers are inflating the values when they really ought to be a bit more conservative," Mr Jones said. "I would have thought a 10 per cent difference was reasonable but 20 per cent is pretty bad." Electric vehicle range is typically tested in Australia using the older New European Driving Cycle (NEDC) laboratory test, but this will be replaced by the more accurate Worldwide Harmonised Light Vehicle Test Procedure (WLTP) from December. The Australian Automobile Association's vehicle-testing program, funded by the federal government, has examined 114 fuel-powered vehicles since it began in 2023 and found 88 models, or 77 per cent, failed to meet their advertised energy consumption. Some of Australia's best-selling electric vehicles fail to meet their advertised range and consume significantly more power than manufacturers promise, on-road tests reveal. One popular SUV performed particularly poorly, stopping short of its advertised range by more than 100km, which one motoring group called "not good enough". The Australian Automobile Association released the results on Thursday after testing five electric vehicles as part of its $14 million Real-World Testing Program. The findings come one week after the program revealed 25 out of 30 petrol and hybrid vehicles tested had consumed more fuel than their lab results showed and more than three in every four vehicles examined in the scheme failed to meet expectations. The motoring body road-tested five electric vehicles in its first trial of the technology, using a 93km circuit around Geelong in Victoria in damp and dry conditions, and measuring the vehicles' energy consumption. BYD's Atto 3 SUV produced the worst result of the models tested, falling short of its promised range by 111km or 23 per cent, and using 21 per cent more power than advertised. Tesla's entry-level electric car, the Model 3, also failed to meet its promised range by 14 per cent, or 72km, and used six per cent more electricity than lab results showed. The Tesla Model Y and Kia EV6 SUVs also failed to meet their range by eight per cent, or just over 40km, while the Smart #3 electric car came the closest to its lab test results, falling within five per cent or 23km of the advertised range. Significant differences between the advertised and actual range or fuel consumption of vehicles had the potential to mislead buyers, NRMA spokesman Peter Khoury said, and were not acceptable. "A gap of 23 per cent or 26 per cent is obviously not good enough," he told AAP. "It is important that people are getting what they're paying for." The results underlined the importance of independently testing vehicles, Mr Khoury said, as laboratory test results had proven unreliable for both fuel and electric cars. An electric car's range could be affected by a number of factors, Australian Electric Vehicle Association national president Chris Jones said. These include high or low temperatures, headwinds, steep terrain, and the use of air conditioning and heating features. Car makers should seek to "under-promise and over-deliver" when it comes to vehicle range, he said, to allow buyers to make informed choices about the models that will suit their needs. "It is frustrating that manufacturers are inflating the values when they really ought to be a bit more conservative," Mr Jones said. "I would have thought a 10 per cent difference was reasonable but 20 per cent is pretty bad." Electric vehicle range is typically tested in Australia using the older New European Driving Cycle (NEDC) laboratory test, but this will be replaced by the more accurate Worldwide Harmonised Light Vehicle Test Procedure (WLTP) from December. The Australian Automobile Association's vehicle-testing program, funded by the federal government, has examined 114 fuel-powered vehicles since it began in 2023 and found 88 models, or 77 per cent, failed to meet their advertised energy consumption. Some of Australia's best-selling electric vehicles fail to meet their advertised range and consume significantly more power than manufacturers promise, on-road tests reveal. One popular SUV performed particularly poorly, stopping short of its advertised range by more than 100km, which one motoring group called "not good enough". The Australian Automobile Association released the results on Thursday after testing five electric vehicles as part of its $14 million Real-World Testing Program. The findings come one week after the program revealed 25 out of 30 petrol and hybrid vehicles tested had consumed more fuel than their lab results showed and more than three in every four vehicles examined in the scheme failed to meet expectations. The motoring body road-tested five electric vehicles in its first trial of the technology, using a 93km circuit around Geelong in Victoria in damp and dry conditions, and measuring the vehicles' energy consumption. BYD's Atto 3 SUV produced the worst result of the models tested, falling short of its promised range by 111km or 23 per cent, and using 21 per cent more power than advertised. Tesla's entry-level electric car, the Model 3, also failed to meet its promised range by 14 per cent, or 72km, and used six per cent more electricity than lab results showed. The Tesla Model Y and Kia EV6 SUVs also failed to meet their range by eight per cent, or just over 40km, while the Smart #3 electric car came the closest to its lab test results, falling within five per cent or 23km of the advertised range. Significant differences between the advertised and actual range or fuel consumption of vehicles had the potential to mislead buyers, NRMA spokesman Peter Khoury said, and were not acceptable. "A gap of 23 per cent or 26 per cent is obviously not good enough," he told AAP. "It is important that people are getting what they're paying for." The results underlined the importance of independently testing vehicles, Mr Khoury said, as laboratory test results had proven unreliable for both fuel and electric cars. An electric car's range could be affected by a number of factors, Australian Electric Vehicle Association national president Chris Jones said. These include high or low temperatures, headwinds, steep terrain, and the use of air conditioning and heating features. Car makers should seek to "under-promise and over-deliver" when it comes to vehicle range, he said, to allow buyers to make informed choices about the models that will suit their needs. "It is frustrating that manufacturers are inflating the values when they really ought to be a bit more conservative," Mr Jones said. "I would have thought a 10 per cent difference was reasonable but 20 per cent is pretty bad." Electric vehicle range is typically tested in Australia using the older New European Driving Cycle (NEDC) laboratory test, but this will be replaced by the more accurate Worldwide Harmonised Light Vehicle Test Procedure (WLTP) from December. The Australian Automobile Association's vehicle-testing program, funded by the federal government, has examined 114 fuel-powered vehicles since it began in 2023 and found 88 models, or 77 per cent, failed to meet their advertised energy consumption. Some of Australia's best-selling electric vehicles fail to meet their advertised range and consume significantly more power than manufacturers promise, on-road tests reveal. One popular SUV performed particularly poorly, stopping short of its advertised range by more than 100km, which one motoring group called "not good enough". The Australian Automobile Association released the results on Thursday after testing five electric vehicles as part of its $14 million Real-World Testing Program. The findings come one week after the program revealed 25 out of 30 petrol and hybrid vehicles tested had consumed more fuel than their lab results showed and more than three in every four vehicles examined in the scheme failed to meet expectations. The motoring body road-tested five electric vehicles in its first trial of the technology, using a 93km circuit around Geelong in Victoria in damp and dry conditions, and measuring the vehicles' energy consumption. BYD's Atto 3 SUV produced the worst result of the models tested, falling short of its promised range by 111km or 23 per cent, and using 21 per cent more power than advertised. Tesla's entry-level electric car, the Model 3, also failed to meet its promised range by 14 per cent, or 72km, and used six per cent more electricity than lab results showed. The Tesla Model Y and Kia EV6 SUVs also failed to meet their range by eight per cent, or just over 40km, while the Smart #3 electric car came the closest to its lab test results, falling within five per cent or 23km of the advertised range. Significant differences between the advertised and actual range or fuel consumption of vehicles had the potential to mislead buyers, NRMA spokesman Peter Khoury said, and were not acceptable. "A gap of 23 per cent or 26 per cent is obviously not good enough," he told AAP. "It is important that people are getting what they're paying for." The results underlined the importance of independently testing vehicles, Mr Khoury said, as laboratory test results had proven unreliable for both fuel and electric cars. An electric car's range could be affected by a number of factors, Australian Electric Vehicle Association national president Chris Jones said. These include high or low temperatures, headwinds, steep terrain, and the use of air conditioning and heating features. Car makers should seek to "under-promise and over-deliver" when it comes to vehicle range, he said, to allow buyers to make informed choices about the models that will suit their needs. "It is frustrating that manufacturers are inflating the values when they really ought to be a bit more conservative," Mr Jones said. "I would have thought a 10 per cent difference was reasonable but 20 per cent is pretty bad." Electric vehicle range is typically tested in Australia using the older New European Driving Cycle (NEDC) laboratory test, but this will be replaced by the more accurate Worldwide Harmonised Light Vehicle Test Procedure (WLTP) from December. The Australian Automobile Association's vehicle-testing program, funded by the federal government, has examined 114 fuel-powered vehicles since it began in 2023 and found 88 models, or 77 per cent, failed to meet their advertised energy consumption.
7NEWS
2 days ago
- Automotive
- 7NEWS
Sunrise host Nat Barr calls out major problems with electric vehicles after bombshell testing proves range claims false
Sunrise host Nat Barr has called out the major problem with electric vehicles after the release of bombshell testing proved manufacturers are falling short on their range claims. The Australian Automotive Association released results as part of its $14 million Real World Testing Program on Wednesday, showing EVs failed to meet their advertised range and consumed more power than promised. Testing involved a 93km circuit around Geelong in Victoria in damp and dry conditions, with researchers measuring the energy consumption of the vehicle. BYD's Atto 3 SUV produced the worst result of the models tested, falling short of its promised range by 111km or 23 per cent, and using 21 per cent more power than advertised. Tesla's entry-level electric car, the Model 3, also failed to meet its promised range by 14 per cent, or 72km, and used 6 per cent more electricity than lab results showed. The Tesla Model Y and Kia EV6 SUVs also failed to meet their range by 8 per cent, or just over 40km, while the Smart #3 electric car came the closest to its lab test results, falling within 5 per cent or 23km of the advertised range. Barr was joined by Perth Lord Mayor Basil Zempilas and Sunshine Coast Mayor Rosanna Natoli on Thursday, as she questioned EV claims. Barr said: 'Just looking at the reasons why you get less than advertised on the battery — hot weather can change it, cold weather can change it, driving on different terrain can change it, stopping and starting can change it, braking can change it. 'A lot can change the amount (of power) you get from the standardised testing. Basically, everything can change it. Rosanna, do you think they should maybe change what they advertise?' Natoli said: 'The good news is, I guess, technology is improving so this will get better but in regional areas it's a really big concern, and the range anxiety is a real thing. 'So, I guess for the moment, it is a wait and see with that, particularly when you get outside of the cities it's a real danger.' Zempilas said 'range anxiety' was real, adding buyers should beware of untested claims. 'Isn't it interesting, what we believe,' he said. 'On the package or on the instruction manual, it says, 'You will be able to do this' and you think 'that's great', there it is on the manual, (but) is anyone going to check it? 'Now, they have, and you find out you can't quite get that far. I suppose my question back is how many people have been caught short by it or is the gauge in the car still accurate? 'Don't necessarily believe it until you have lived it out yourself.' The findings come one week after the program revealed 25 out of 30 petrol and hybrid vehicles tested had consumed more fuel than their lab results showed and more than three in every four vehicles examined had failed to meet expectations. The results could help families and fleet managers make choices about their next vehicle purchases, Australian Automotive Association managing director Michael Bradley said. 'As more EVs enter our market, our testing will help consumers understand which new market entrants measure up on battery range,' he said. Electric vehicle range is typically tested in Australia using the older New European Driving Cycle (NEDC) laboratory test, but this will be replaced by the more accurate Worldwide Harmonised Light Vehicle Test Procedure (WLTP) from December. The Australian Automobile Association's vehicle-testing program, funded by the federal government, has examined 114 fuel-powered vehicles since it began in 2023 and found 88 models, or 77 per cent, failed to meet their advertised energy consumption. — W ith AAP
