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Audi renames e-tron to Q8 e-tron & adds more range with a new design Audi renames e-tron to Q8 e-tron & adds more range with a new design

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Audi renames e-tron to Q8 e-tron & adds more range with a new design

Credit: Audi

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Audi renamed its e-tron electric SUV to the Audi Q8 e-tron and announced some new changes along with the new name. In 2018, Audi introduced the e-tron, marking its first move into the electric vehicle industry. Four years and 150,000 unit sales later, the automaker announced the new name and changes to its EV, along with plans to have more than 20 electric models in its portfolio by 2026.

Credit: Audi

Audi currently has eight electric models, including the Q4 e-tron crossover, e-tron GT, RS e-tron GT sport, A6 and Q6 e-trons, and its electric Sportback EV. There are also the Q2L and Q5 e-trons in the Chinese market.

The automaker said that by renaming the vehicle, it is making a statement that the Audi Q8 e-tron is the top model among its EVs. The Audio Q8 e-tron and Q8 Sportback e-tron are made with new front and rear designs made with the automaker’s Singleframe mask, inverted grill, and blade above the redesigned rear diffuser, which the automaker pointed out, makes these vehicles easily identifiable.

Credit: Audi

A key change in the vehicle includes a 114-kilowatt-hour battery pack that fits into the same space as the previous 95-kilowatt-hour battery pack. The new battery pack is able to take up the same amount of physical space as the older one by using a new stacking technology that enables the cells to be stacked, filling it more.

Although Audi doesn’t have an EPA range rating for the new Q8 e-tron just yet, the automaker has a goal of 300 miles set, according to Carter Balkcom, its Product Marketing manager. In a briefing, Balkcom said,

“We know how important it is to have a range number that starts with a ‘3, and so I can tell you that around 300 miles is what we’ve set as our goal, and we’re pushing hard to get there.”

In its press release, the automaker noted that the electric SUV and crossover have improved aerodynamics, higher charging performance, battery capacity, and increased range of up to 582 kilometers for the SUV version and 600 kilometers for the Sportback version.

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Credit: Audi.

The automaker noted that under ideal conditions, the new EV can completely charge in around nine hours and 15 minutes using alternating current. At 22kW, charging can take up to around four hours and 45 minutes. Audi also plans to launch a new charging service in 2023 that will replace the existing e-tron charging service.

The new Q8 e-tron and Q8 Sportback e-tron will be available to order starting in mid-November, with a market launch planned at the end of February 2023 in Germany. In the U.S., Audi expects the model by the end of April. The base price for the Q8 e-tron in Germany will be €74,00. Currently, pricing for the U.S. hasn’t been announced.

Credit: Audi

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Johnna Crider is a Baton Rouge writer covering Tesla, Elon Musk, EVs, and clean energy & supports Tesla's mission. Johnna also interviewed Elon Musk and you can listen here

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Tesla enters interesting situation with Full Self-Driving in California

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tesla model x
A Tesla Motors Inc Model X is seen at Tesla's introduction of its new battery swapping program in Hawthorne, California June 20, 2013. Tesla Motors Inc on Thursday unveiled a system to swap battery packs in its electric cars in about 90 seconds, a service Chief Executive Elon Musk said will help overcome fears about their driving range. REUTERS/Lucy Nicholson (UNITED STATES - Tags: TRANSPORT BUSINESS LOGO) - RTX10VSH

Tesla has entered an interesting situation with its Full Self-Driving suite in California, as the State’s Department of Motor Vehicles had adopted an order for a suspension of the company’s sales license, but it immediately put it on hold.

The company has been granted a reprieve as the DMV is giving Tesla an opportunity to “remedy the situation.” After the suspension was recommended for 30 days as a penalty, the DMV said it would give Tesla 90 days to allow the company to come into compliance.

The DMV is accusing Tesla of misleading consumers by using words like Autopilot and Full Self-Driving on its advanced driver assistance (ADAS) features.

The State’s DMV Director, Steve Gordon, said that he hoped “Tesla will find a way to get these misleading statements corrected.” However, Tesla responded to the story on Tuesday, stating that this was a “consumer protection” order for the company using the term Autopilot.

It said “not one single customer came forward to say there’s a problem.” It added that “sales in California will continue uninterrupted.”

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Tesla has used the terms Autopilot and Full Self-Driving for years, but has added the term “(Supervised)” to the end of the FSD suite, hoping to remedy some of the potential issues that regulators in various areas might have with the labeling of the program.

It might not be too long before Tesla stops catching flak for using the Full Self-Driving name to describe its platform.

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Tesla Robotaxi goes driverless as Musk confirms Safety Monitor removal testing

The Robotaxi suite has continued to improve, and this week, vehicles were spotted in Austin without any occupants. CEO Elon Musk would later confirm that Tesla had started testing driverless rides in Austin, hoping to launch rides without any supervision by the end of the year.

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Investor's Corner

Tesla stock closes at all-time high on heels of Robotaxi progress

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Credit: Tesla

Tesla stock (NASDAQ: TSLA) closed at an all-time high on Tuesday, jumping over 3 percent during the day and finishing at $489.88.

The price beats the previous record close, which was $479.86.

Shares have had a crazy year, dipping more than 40 percent from the start of the year. The stock then started to recover once again around late April, when its price started to climb back up from the low $200 level.

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This week, Tesla started to climb toward its highest levels ever, as it was revealed on Sunday that the company was testing driverless Robotaxis in Austin. The spike in value pushed the company’s valuation to $1.63 trillion.

Tesla Robotaxi goes driverless as Musk confirms Safety Monitor removal testing

It is the seventh-most valuable company on the market currently, trailing Nvidia, Apple, Alphabet (Google), Microsoft, Amazon, and Meta.

Shares closed up $14.57 today, up over 3 percent.

The stock has gone through a lot this year, as previously mentioned. Shares tumbled in Q1 due to CEO Elon Musk’s involvement with the Department of Government Efficiency (DOGE), which pulled his attention away from his companies and left a major overhang on their valuations.

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However, things started to rebound halfway through the year, and as the government started to phase out the $7,500 tax credit, demand spiked as consumers tried to take advantage of it.

Q3 deliveries were the highest in company history, and Tesla responded to the loss of the tax credit with the launch of the Model 3 and Model Y Standard.

Additionally, analysts have announced high expectations this week for the company on Wall Street as Robotaxi continues to be the focus. With autonomy within Tesla’s sights, things are moving in the direction of Robotaxi being a major catalyst for growth on the Street in the coming year.

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Tesla needs to come through on this one Robotaxi metric, analyst says

“We think the key focus from here will be how fast Tesla can scale driverless operations (including if Tesla’s approach to software/hardware allows it to scale significantly faster than competitors, as the company has argued), and on profitability.”

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Tesla needs to come through on this one Robotaxi metric, Mark Delaney of Goldman Sachs says.

Tesla is in the process of rolling out its Robotaxi platform to areas outside of Austin and the California Bay Area. It has plans to launch in five additional cities, including Houston, Dallas, Miami, Las Vegas, and Phoenix.

However, the company’s expansion is not what the focus needs to be, according to Delaney. It’s the speed of deployment.

The analyst said:

“We think the key focus from here will be how fast Tesla can scale driverless operations (including if Tesla’s approach to software/hardware allows it to scale significantly faster than competitors, as the company has argued), and on profitability.”

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Profitability will come as the Robotaxi fleet expands. Making that money will be dependent on when Tesla can initiate rides in more areas, giving more customers access to the program.

There are some additional things that the company needs to make happen ahead of the major Robotaxi expansion, one of those things is launching driverless rides in Austin, the first city in which it launched the program.

This week, Tesla started testing driverless Robotaxi rides in Austin, as two different Model Y units were spotted with no occupants, a huge step in the company’s plans for the ride-sharing platform.

Tesla Robotaxi goes driverless as Musk confirms Safety Monitor removal testing

CEO Elon Musk has been hoping to remove Safety Monitors from Robotaxis in Austin for several months, first mentioning the plan to have them out by the end of 2025 in September. He confirmed on Sunday that Tesla had officially removed vehicle occupants and started testing truly unsupervised rides.

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Although Safety Monitors in Austin have been sitting in the passenger’s seat, they have still had the ability to override things in case of an emergency. After all, the ultimate goal was safety and avoiding any accidents or injuries.

Goldman Sachs reiterated its ‘Neutral’ rating and its $400 price target. Delaney said, “Tesla is making progress with its autonomous technology,” and recent developments make it evident that this is true.

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