NASCAR has made itself a rich legacy through the use of petrol-powered internal combustion engines for decades. But a shift in the world’s landscape of powertrains from a consumer and entertainment standpoint is now making its mark on what was once the fastest-growing sport in the United States.
Years past the era of Earnhardt, Gordon, Johnson, and numerous others, NASCAR is taking on a new challenge: dealing with the fact that electric powertrains are becoming more mainstream.
Not only are people buying EVs for environmental reasons, but they’re also high-powered and high-performance, something that race fans across the globe want.
Speed is the name of the game in NASCAR, just like any other racing promotion. However, NASCAR is looking to dip its toe in the development of battery electric vehicles (BEV), and it unveiled its first-ever prototype this weekend at the Chicago Street Race in Chicago, Illinois.
Developed by Swiss start-up Bcomp, the vehicle utilizes the company’s ampliTex™ technical fabrics in conjunction with powerRIBS™. These are inspired by the vein structure of leaves, which helps with strength and sustainability, which was a main focus of the vehicle’s body:
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- Credit: NASCAR
The body of NASCAR’s first-ever BEV prototype uses flax-based composites to be environmentally friendly. It helps reduce CO2 emissions by 85 percent with similar stiffness and improved safety in motorsports thanks to a “breaking behavior” that avoids sharp shattering.
Bcomp’s Key Account Manager of Automotive and Motorsports, Johann Wacht, said:
“We are thrilled to be entering this important phase with NASCAR with whom we have a strong shared vision for sustainability. This collaboration is Bcomp’s first major US motorsport project, and we are excited to demonstrate together with the NASCAR IMPACT team how racing can pave the way for sustainable innovations, enabling benefits for wider society further down the road.”
NASCAR officials are encouraged by what is being offered, as VP of Vehicle Design Brandon Thomas said:
“Integrating sustainable innovations into the design process helps set the standard for sustainability across our industry and supports forward progress towards the company’s sustainability goals and targets.”
NASCAR wants to achieve net zero operating emissions by 2035 and set a series of five-year sustainability targets. These go past vehicle operations, as all owned tracks and offices will use 100 percent renewable energy.
Although it has not said it will dive head-first into EVs, NASCAR has teased prototypes in the past, and they’re extremely similar to what the company unveiled this past weekend.
In January, a leaked image showed a similar body style with a high-set spoiler, and it sent rumors through the stock car circuit. Nevertheless, it could be an indication of what is coming, but from our perspective, don’t look to see this be included in a NASCAR promotion anytime soon.
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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
