

News
Ford launches new E-Transit Enhanced Range
Ford has launched its new E-Transit and has started shipping the vehicle across North America to customers.
Yesterday, Ford officially started getting the new E-Transit, which has a better range rating, lower cost of ownership, and better charging than ever before, to customers as it continues to be a leader in commercial EVs.
The E-Transit is one of the best-selling commercial electric vans in the country, and is truly only challenged by the Mercedes-Benz eSprinter.
- New for 2024 E-Transit, Ford Pro enhances range capability by up to 32% with an estimated range of 159 miles on cargo van low-roof models with an enhanced range high-voltage battery, keeping your business running farther. (Available late 2024.)
- Taking your business farther, the new 2024 E-Transit with enhanced range supports work covering longer distances and provides more capability to unlock electric solutions for new use cases, like refrigerated delivery. (Available late 2024. Optional and aftermarket equipment shown.)
Ford felt it necessary to continue refining the E-Transit as it has already been a suitable choice for business owners who want to cut down on fuel consumption and help with sustainability.
The 2024 E-Transit with Enhanced Range now provides up to 159 miles of driving with 89 kWh of usable energy. This will help support work over longer distances and more capability for use cases like refrigeration.
These types of specific needs consume energy and deplete range. Ford aimed to fix that with the new Enhanced Range version.
There is a 32 percent increase in range, and now, thanks to dual onboard chargers, there are faster charging times, helping you get back to work quicker.
Additionally, there is 2.4 kW of Pro Power Onboard, which is now operable while the E-Transit is in motion.
Ford did a rundown of some of the E-Transit Enhanced Range’s new features:
- Enhanced-Range Battery: Enhanced range capability provides an estimated range of up to 159 miles with 89 kWh of usable energy, supporting work over longer distances and more capability for new use cases, like refrigerated delivery.
- Cutting-Edge Charging Capabilities: Now featuring dual onboard chargers delivering a charge time that’s 22% faster than before when using Ford Pro’s 80A Series 2 charger and available Ford Pro charging software to help identify the best times to charge and more.
- Lower Total Cost of Ownership: E-Transit helps fleets reduce their total cost of ownership, championed as the Best Fleet Value in America in its category by Vincentric for the third consecutive year thanks to reduced fuel, maintenance and operating costs.
- Sustainability Powerhouse: E-Transit has saved over 3 million gallons of gas and reduced CO2 emissions by more than 25 million kilograms, the equivalent of planting 413,377 tree seedlings and letting them grow for 10 years.
The E-Transit has been one reason Ford has been able to garner a reputation as one of the best-selling EV brands in the country.
As the F-150 Lightning and Mustang Mach-E continue to lead the way, Ford’s E-Transit is truly one of the most suitable commercial EVs on the market.
Despite the company scaling back some of its EV plans and prioritizing hybrids alongside pure electric cars, Ford still remains committed to delivering a great product with its sustainable powertrains.
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News
Tesla rolls out update to Robotaxi service that makes pickups so much better
The update was confirmed by CEO Elon Musk in a post on social media platform X.

Tesla has rolled out a minor update to its Robotaxi service that will likely make the driverless ride-hailing system notably better and more convenient for consumers. The update was confirmed by CEO Elon Musk in a post on social media platform X.
Robotaxi service updates
The Robotaxi update was observed by users of the driverless ride-hailing service over the weekend. As observed by Tesla enthusiast Owen Sparks, the Austin Robotaxi fleet no longer strictly navigates to the pickup point listed on the app. Instead, the Robotaxis now stop in the exact location of a user’s phone.
Elon Musk confirmed the update, noting in a post on X that the change was an upgrade to the service. It’s a reactively minor update in the grand scheme of things, but it should make the Robotaxi service feel more organic and humanlike.
Driverless taxis
Tesla’s Robotaxi service in Austin has been receiving good reviews from users since it was launched, with many praising the vehicles for their cautious and humanlike behavior. Some users on social media even noted that Tesla’s Robotaxis feel safer on the road than cars from services like Uber, which are manually driven.
Tesla’s minor updates to its Robotaxi service are expected to make the customer experience of the driverless ride-hailing service more refined. By doing so, Tesla could ease customers into its service, even if only a fraction of ride-hailing users are familiar with fully autonomous cars. With this in mind, even small updates like picking up customers based on their specific phone location will likely go a long way towards making Tesla’s Robotaxis more accepted by the general public.
News
Tesla sells 3 million Model 3 since 2017, one in every 1.5 minutes
This translates to one Model 3 being sold every 1.5 minutes on average for the past eight years.

Tesla has announced that the Model 3 sedan has sold 3 million units since it started customer deliveries in 2017. As per the electric vehicle maker, this translates to one Model 3 being sold every 1.5 minutes on average for the past eight years.
Massive Milestone
Tesla China VP Grace Tao announced the Model 3’s milestone on Weibo, highlighting that the all-electric sedan has been a tried and tested vehicle that has earned accolades throughout its tenure. She also highlighted that in a recent test, Car and Driver gave the Model 3 a perfect score.
“Model 3 has become the choice of more than 3 million car owners worldwide, and has won the global pure electric sedan sales champion for seven consecutive years,” Tao wrote in her Weibo post.
She also invited everyone to try and test drive the Model 3 sedan, so they could experience the vehicle personally. “Everyone is welcome to come to the store to test drive and experience this global car and champion car,” the Tesla executive added.
Tesla’s Mainstream Bet
There was once a time when Tesla’s future relied on the Model 3’s success. When the Model 3 was unveiled, Tesla was still gaining its footing as a premium automaker that produces the Model S and Model X. The Model 3 was the company’s first mass-market car, and it was Tesla’s first foray into serious mass production. At the time, it was no exaggeration to state that Tesla’s survival depended on the Model 3.
The Model 3’s runaway success was a victory not just for Tesla but for the overall electric vehicle sector as a whole. Because the Model 3 was simply a great car, electric or otherwise, it was able to prove that there is serious demand for reasonably-priced mass market EVs. It was also able to pave the way for the Model Y, Tesla’s mass market all-electric crossover that ultimately became the world’s best-selling car in 2023 and 2024.
Investor's Corner
Tesla ‘Model Q’ gets bold prediction from Deutsche Bank that investors will love
Tesla’s Model Q could be on the way soon, and a new note from Deutsche Bank thinks it will contribute to Q4 deliveries.

The Tesla “Model Q” has been in the rumor mill for the company for several years, but a recent note from Wall Street firm Deutsche Bank seems to indicate that it could be on its way in the near future.
This comes as Tesla has been indicating for several quarters that its development of affordable models was “on track” for the first half of 2025. The company did not say it would unveil the vehicles in the first half, but many are anticipating that more cost-friendly models could be revealed to the public soon.
Potential affordable Tesla “Model 2/Model Q” test car spotted anew in Giga Texas
The Deutsche Bank note refers to one of the rumored affordable models as the “Model Q,” but we’ve also seen it referred to as the “Model 2,” amongst other names. Tesla has not officially coined any of its upcoming vehicles as such, but these are more of a universally accepted phrase to identify them, at least for now.
The rumors stem from sentiments regarding Tesla’s 2025 delivery projections, which are tempered as the company seeks to maintain a steady pace compared to 2023 and 2024, when it reported 1.8 million deliveries.
Deutsche Bank’s analysts believe the deliveries could be around 1.58 million, but they state this is a cautious stance that could be impacted by several things, including the potential launch of the Model Q, which they believe will make its way to market in Q4:
“Looking at the rest of the year, we maintain a cautious stance on volume calling for 1.58m vehicle deliveries (-12% YoY) vs. consensus +1.62m, with the timing of Model Q rollout as the key swing factor (we now assume only 25k in Q4). In China, Tesla will introduce the Model Y L this fall (6 inch longer wheel base allowing for larger 3-row seating with six seats).”
Interestingly, the same firm also predicted that the Model Q would launch in the first half of the year based on a note that was released in early December 2024.
Those estimations came from a reported meeting that Deutsche Bank had with Tesla late last year, where it said it aimed to launch the Model Q for less than $30,000 and aimed for it to compete with cars like the Volkswagen ID.3 and BYD Dolphin.
Tesla’s Q2 Earnings Call is slated for this Wednesday and could reveal some additional details about the affordable models.
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