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Ideanomics acquires EV truck manufacturer VIA Motors

Credit: VIA Motors

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VIA Motors, a commercial electric truck manufacturer, has been acquired by global EV company Ideanomics.

Ideanomics has been on a tear over the past two years, acquiring electric vehicle startups producing motorcycles, tractors, and electric delivery vans, all part of its mission to electrify mobility globally. Now, Ideanomics has acquired VIA Motors, an American commercial electric truck manufacturer that will be working to introduce its first vehicle and potentially license its hardware in the near future.

Ideanomics has brought some relatively interesting ideas to the table in terms of EV development. It even has ideas for completely wireless charging for EVs, a strategy that could be adopted for the all-electric Tesla Semi, among others.

“Our acquisition of VIA Motors brings significant revenue generation potential to Ideanomics and its shareholders,” says Ideanomics Executive Chairman Shane McMahon. ”We cannot be more thrilled to welcome VIA to Ideanomics.” The new acquisition joins five other businesses as part of Ideanomics’ electric mobility push, including its EV charger subsidiary, which “will become the preferred charging solutions provider for VIA.”

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According to the VIA Motors website, the company currently sells one vehicle, its cab-chassis electric truck, which can be outfitted with any standard bed or box, much like any other commercial van. The electric truck comes in three distinct lengths and is well-fitted for delivery use, in which case a box is fitted to the back.

VIA’s truck retains the power necessary for a commercial truck with a payload of 6,900 pounds, but its AWD electric drivetrain allows owners and operators to save on fuel and repair. The system uses an 82kWh battery, capable of a range of 114 miles, and can be charged in roughly 45 minutes from 0 to 100 percent using DC fast charging.

While these specifications may not be anything to brag about yet, VIA now has a couple of tricks up its sleeves after its acquisition today. Through Ideanomics’ other partnership with Energica Motors, VIA now has access to in-house designed motors, which have already made their way into Ideanomics’ tractor business, Solectrac. Furthermore, with fresh investment from the fund, VIA may be able to do something other van startups have trouble doing; producing.

This isn’t to say VIA faces no challenge in the electric van market, far from it. Ford currently controls most of the electric van segment with its E-Transit offering. At the same time, Rivian, through investment from Amazon, continues to ramp up production of its own electric van. Even Canoo, a company on the brink of bankruptcy only a year ago, is now entering production with thousands of new orders from Walmart and the U.S. Army.

Walmart commits to purchase 4,500 Canoo all-electric delivery vans

As Ideanomics continues to grow, it is continuing to become a far more formidable force in electric mobility, leaving many to wonder which other industries the company may look to invest in next. However, with each of its investments, it faces a significant challenge from the legacy brands within each industry. The coming year will certainly be a test as each of its brands looks to grow in the electrifying market.

What do you think of the article? Do you have any comments, questions, or concerns? Shoot me an email at william@teslarati.com. You can also reach me on Twitter @WilliamWritin. If you have news tips, email us at tips@teslarati.com!

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Will is an auto enthusiast, a gear head, and an EV enthusiast above all. From racing, to industry data, to the most advanced EV tech on earth, he now covers it at Teslarati.

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Tesla finally got its Nevada Robotaxi Permit but with a few catches hard to miss

Nevada granted Tesla’s robotaxi permit, but capped the fleet at just ten vehicles for now.

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Concept art of a Tesla Cybercab in Las Vegas Strip as rendered via Grok

Tesla has received its robotaxi permit in Nevada, more than two months after regulators closed the public comment period on the company’s application. News of the approval surfaced Wednesday night when Tesla investor and longtime company watcher Sawyer Merritt posted a copy of the interim order, and the Nevada Transportation Authority’s own carrier registry now lists the permit, AVNC Permit 002 under Docket 26-05015, as active for Tesla Robotaxi, LLC.

Tesla asked Nevada in June for authority to run up to 5,000 vehicles in Clark County within a year, however the permit the NTA issued is initially capping Tesla at ten fully autonomous vehicles and confines them to a defined geofence along the Las Vegas Strip corridor. Any expansion of that operating area, or any increase to the fleet size, requires the NTA’s approval first.

The order also sets rules that look more restrictive than what Tesla runs in Austin. Rides are barred on roads with posted speed limits above 45 miles per hour, pickups are off limits within a quarter mile of Harry Reid International Airport without separate authorization, and every vehicle has to carry visible “Robotaxi” markings while notifying riders before each trip that no one is driving. The order also requires “appropriate human supervision”, language that suggests Nevada isn’t ready to let Tesla offer the rides without a safety monitor that it has run in parts of Austin since January. As with standard protocol with robotaxi services, Tesla must report any accident, system failure, or vehicle that becomes stranded on a Nevada road within five business days.

Tesla is entering a market Nevada already knows well. Zoox, the Amazon owned robotaxi company, has run its own autonomous vehicle permit in the state since last year, building up to roughly 100 vehicles and 350,000 rides along the Strip. That history likely explains why the NTA started Tesla at ten cars rather than the fleet size the company asked for. The agency has a template for scaling a permit up once a company proves out its safety record.

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Tesla’s Nevada application first surfaced in June, when the company filed for the permit alongside plans for a maintenance hub in southwest Las Vegas. The company has said it won’t meaningfully scale its robotaxi fleet anywhere until FSD v15 ships, expected in late 2026 or early 2027, which makes the ten vehicle cap less of a constraint today than it might look on paper. For now, Tesla has the legal right to start Nevada rides. Whether it starts before FSD v15 arrives is a separate question the permit doesn’t answer.

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Tesla launches Powerwall Lease for affordable home backup

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Credit: Tesla

Tesla Energy has introduced the Powerwall Lease in conjunction with Tesla Electric, making the service available in Texas. This new option delivers whole-home backup power using two Powerwall units for a net monthly cost of $35 after credits, accompanied by a low fixed electricity rate.

Under the lease terms, customers pay a one-time order fee of $100. The base lease payment for the two Powerwalls is approximately $122 per month during the first year, subject to a 3 percent annual escalator thereafter. Enrollment in a qualifying Tesla Electric Backup plan or Virtual Power Plant plan provides an $87 monthly credit.

This credit lowers the effective cost to roughly $35 per month plus applicable tax.

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Installation of the standard system carries no additional charge. The package features Storm Watch for outage protection and allows complete management through a single Tesla application. The system supplies continuous whole-home backup capability.

The Powerwall system enables households to maintain electricity during severe storms that disrupt the utility grid. When outages occur, the batteries automatically provide seamless backup power to the home.

Tesla announces 100k Powerwalls are participating in Virtual Power Plants

Tesla Storm Watch monitors weather forecasts and ensures the units are fully charged ahead of anticipated severe weather events so that power remains available throughout the disruption, keeping lights, refrigeration, and other essential systems operating without interruption.

Availability is restricted to select Texas locations where retail electric choice exists. Participants must lease exactly two Powerwall units and maintain continuous enrollment with Tesla Electric. Solar panels cannot be included under this particular lease arrangement.

The monthly credit activates automatically once the system is installed, receives permission to operate, and enrollment is confirmed. To retain the credit, customers are required to stay enrolled in Tesla Electric and fulfill all program conditions.

Nonstandard installations that involve electrical upgrades or special permitting may lead to extra expenses and might impact eligibility for the credit, so be sure to check with either your installer or Tesla to ensure you will still qualify.

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Elon Musk teases Tesla Roadster unveiling once again

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tesla roadster
Credit: Tesla

Elon Musk continues to tease the unveiling event for the Tesla Roadster, a continuing trend that has grown into a bigger game of “When” for fans who have been waiting years for the car to finally enter production.

A video shared on X of the Joe Rogan Experience podcast that Musk appeared on last year, teasing the Roadster unveiling, was shared once again on the social media platform. The poster said the Roadster event will be “unforgettable.”

Musk agreed:

The timing is interesting because just yesterday, Musk said that we will be getting flying cars, and for years, Tesla has hinted that it could develop a SpaceX cold gas thruster package that would help the car float or fly for a short period of time.

It would be reasonable to assume Tesla’s major delays with this unveiling event are likely caused by the company’s need to break the rules and push the envelope on nearly everything. Last July, Lars Moravy, Tesla’s VP of Vehicle Engineering, said:

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“Roadster is definitely in development. We did talk about it last Sunday night. We are gearing up for a super cool demo. It’s going to be mind blowing. We showed Elon some cool demos last week of the tech we’ve been working on and he got a little excited.”

The latest updates that Tesla has given us are that the Roadster is in design development, and it did have several potential dates for an unveiling event this year, including April. It was then pushed to August.

However, there are no clues as to when Tesla will be ready, and fans are certainly getting frustrated with the delays.

For what it is worth, Franz von Holzhausen told Jay Leno this week that the event would be “very soon.”

We sure hope.

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