News
Department of Energy offers $45M in funding for more efficient EV battery development
The United States Department of Energy announced that it will offer up to $45 million in funding to support the domestic development of advanced and more efficient electric vehicle batteries. The announcement comes just one day after the Biden Administration allocated over $3.1 billion to boost EV battery manufacturing in the United States.
“Advanced batteries are the heartbeat of the electric vehicle industry and investments to make them charge faster and last longer will be critical to accelerate the deployment of electric cars and trucks,” Jennifer Granholm, the U.S. Secretary of Energy said. “The benefits of an electrified transportation sector in America will be felt for generations to come — from directly combatting climate change to growing domestic manufacturing jobs and strengthening our overall energy independence.”
We want to make electric vehicles more accessible for all Americans, so we’re announcing a new program (and up to $45M!) to develop more efficient EV batteries that will charge faster⚡️and last longer in colder temperatures and on the road. ?️ https://t.co/fW9D1iwYl4
— U.S. Department of Energy (@ENERGY) May 3, 2022
The DOE will fund the projects through the launch of the Electric Vehicles for American Low-Carbon Living (EVs4All) Program, which is made possible through the department’s Advanced Research Projects Agency-Energy. The plan is part of President Biden’s plan to have at least half of all passenger vehicle purchases be electric in the United States by 2030.
The EVs4All program will address three of the most heavily scrutinized portions of the EV ownership experience: Charging Speed, Efficiency, and Resilience.
Faster Charging: The DOE said that while at-home charging is preferred for many EV drivers as it can offer a fully-charged vehicle every morning, there are still issues with some owners who live in rented spaces or are in other situations where home charging is not necessarily possible. Advanced batteries are capable of safe, rapid charging that can eliminate the total time spent at a public EV stall. It will not only keep times at chargers to as little as five minutes, but it will also increase cost savings during each charge.
Increased Efficiency: Electric vehicle ranges can vary based on climate. Those who live in colder weather settings will tell you firsthand that they do not get the range they expected in their EVs. Current EV batteries lose performance when confronted with these situations, with some manufacturers using things like heat pumps to combat range loss. Developing new battery chemistries that will not be affected as much by cold temperatures is “key to ensuring batteries can power vehicles in the coldest parts of the country as well as motivating broader adoption amongst drivers who live in those regions,” the DOE said.
Improving Resilience: Range anxiety is one of the most common terms in the EV ownership experience. Battery resilience is needed to alleviate concerns from new EV owners, especially those who take long drives to work or for leisure. The DOE said this may be the most important thing to develop as two-thirds of Americans prefer the more economical option of purchasing used vehicles rather than leasing or buying new cars.
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Elon Musk
Tesla China posts strong February wholesale growth at Gigafactory Shanghai
The update was shared by Tesla observers on social media platform X, citing monthly China Passenger Car Association (CPCA) data.
Tesla China sold 58,599 vehicles wholesale in February, reflecting strong year-over-year growth. The figure includes both domestic deliveries in China and vehicles exported to international markets.
The update was shared by Tesla observers on social media platform X, citing monthly China Passenger Car Association (CPCA) data.
Tesla’s February wholesale result represents a 91% increase year over year, compared with 30,688 vehicles in February 2025. Month over month, the result was down 15.2% from January, when Tesla China recorded 69,129 wholesale units.
The February total reflects combined sales of the Model 3 and Model Y produced at Gigafactory Shanghai. The facility produces the two vehicles for both domestic sales and exports.
Gigafactory Shanghai continues to serve as Tesla’s primary vehicle export hub, supplying vehicles to markets across Asia and Europe. Data compiled by Tesla watchers shows that 18,485 vehicles were sold domestically in China in January 2026, while exports accounted for 50,644 units during the same period.
Tesla has also been extending financing programs in China as it pushes to strengthen domestic demand. The company recently extended its seven-year ultra-low-interest and five-year interest-free financing programs through March 31, marking the second extension of the promotion this year.
The financing initiative was first introduced on January 6 as a strategy aimed at offsetting higher ownership costs ahead of China’s planned 5% NEV purchase tax in 2026. The promotion was originally scheduled to expire at the end of January before being extended to February and then again through the end of the first quarter.
Tesla’s efforts come amid growing competition in China’s EV market. According to data compiled by CNEV Post, Tesla’s 2025 retail sales in China reached 625,698 vehicles, representing a 4.78% year-over-year decline. Part of that decline was linked to the Model Y changeover to its updated variant in early 2025, which temporarily reduced deliveries during the transition period.
News
Tesla Model Y L spotted on transport trucks in Australia
One of the sightings was reported along Victoria Parade in Melbourne, and it showed multiple Model Y L vehicles on a transport carrier.
Tesla’s upcoming Model Y L has been spotted on transport trucks in Australia. Sightings of the six-seat extended wheelbase Model Y variant have been reported on social media platform X by members of the Australian Tesla community.
One of the sightings was reported along Victoria Parade in Melbourne, and it showed multiple Model Y L vehicles on a transport carrier.
The sighting follows earlier observations by Tesla enthusiasts in Sydney, where a covered vehicle believed to be a Model Y L was spotted at a Supercharger.
The Sydney sighting drew attention after observers noted that the vehicle’s tare weight appeared to match the ADR approval listing for the Model Y L, suggesting it could indeed be the extended wheelbase variant of the electric SUV.
Tesla has previously confirmed that the Model Y L will launch in Australia and New Zealand in 2026. The confirmation was reported by techAU following a media release from Tesla Australia and New Zealand.
The Model Y L expands the existing Model Y lineup with seating for six passengers. The vehicle features a longer body compared with the standard Model Y in order to accommodate a spacious second and third row.
Tesla has opted for a 2-2-2 seating configuration instead of a traditional seven-seat layout for the Model Y L. The design includes two individual seats in the middle row to provide easier access to the third row and additional passenger space.
Tesla Australia and New Zealand has also stated that the Model Y L will be covered under the company’s updated warranty structure beginning in 2026.
Tesla has not yet announced pricing or official range figures for the Model Y L in Australia.
Elon Musk
Elon Musk shares timeframe for X Money early public access rollout
X Money is expected to enable financial transactions within the app, expanding the platform’s capabilities beyond social media features.
Elon Musk has stated that X Money, the digital payments system being developed for social media platform X, is expected to enter early public access next month.
The update was shared by Musk in a post on X. “𝕏 Money early public access will launch next month,” Musk wrote in his post.
As noted in a Reuters report, X Money is being developed as a digital payment service that’s directly integrated into the X platform.
The system is expected to enable financial transactions within the app, expanding the platform’s capabilities beyond social media features.
Musk has previously discussed plans to introduce payments and financial services as part of X’s broader development.
Since acquiring the platform in 2022, Musk has discussed expanding X to include a range of services such as messaging, media, and financial tools.
Elon Musk has shared his goal of transforming X into an “everything app.” During a previous podcast interview with members of the Tesla community, Musk mused about turning X into something similar to China’s WeChat, which allows users to shop, pay, communicate, and perform a variety of other tasks.
“In China, you do everything in WeChat… it’s kickass… Outside of China, there’s nothing like it, people live on one app. My idea would be like how about if we just copy WeChat,” Musk joked at the time.
To prepare for the rollout of X Money, X has partnered with payment company Visa to support the development of payment services for the platform’s users. The move could allow X to tap into the growing demand for digital and in-app financial transactions as the company builds additional services around its existing user base.
Tesla China posts strong February wholesale growth at Gigafactory Shanghai
Tesla Model Y L spotted on transport trucks in Australia
