Automotive analysis and guidance in a shifting EV era.
Slate’s electric pickup has impressed a tester with its balanced chassis, strong on-road feel, and surprising efficiency. Despite a modest power figure, the truck shows promise in daily driving and highlights a new, more affordable EV approach.
A digest of recent car industry moves: Rivian adds captain’s chairs in updated models; Ford explores new sub-$30k entry crossovers and a cheaper four-door pickup; 2026 cancellations signal potential discounts; rear-camera glitches prompt safety concerns; Mazda explores a new EV-based 6e with long range.
Japan’s real GDP has grown at a 0.3% quarter-on-quarter pace in Q2, with annualized growth of 2.1%, driven by exports and government spending. Private spending has slipped, while energy costs and the Iran war have pressured prices. The Bank of Japan maintains a cautious outlook as wage growth remains tepid.
Manufacturers have unveiled or trialled several new electric and hybrid family cars. Mercedes-Benz has launched a seven-seat GLB EV in the UK with an 85kWh battery, claimed range up to 379 miles and prices from £46,100. Bentley has previewed its Torcal EV with about 300 miles EPA range and up to 850+ PS calibration; Honda has reintroduced the Prelude as a hybrid coupe and compared it with Toyota's GR86.
Tesla has revealed European specifications for the Semi, announcing a 342-mile range, 800 kW Megacharger support, and 1,073 bhp from three rear motors. BYD and others unveil competing electric trucks across 3.5–44 tonnes, highlighting chargers and efficiency as the race for long-haul electrification accelerates.
Automakers including Hyundai, Genesis, Ram, Jeep, Ford and Scout Motors are pursuing extended-range electric vehicles (EREVs) by 2028, aiming to blend electric driving with gasoline range for long trips amid high fuel costs. Toyota's plug-in RAV4 and Hyundai’s Santa Fe EREV illustrate growing plug-in and hybrid options, while comparisons show RAV4 Plug-in leading in range and efficiency versus the Tucson Plug-in Hybrid.
The Federal Reserve has raised its benchmark rate by a quarter-point for the first time since 2023, moving the target to 3.75%-4.00%. Inflation remains above the 2% goal, and policymakers say they will slow spending and cooling the economy. Borrowers will pay more on mortgages and credit cards, while savers are likely to see higher returns on savings accounts and CDs.
A wave of electric commercial vehicles is being unveiled at the IAA Transportation show and beyond. BYD’s E-Vali van and ETT 44 tractor lead a lineup expanding from 3.5 to 44 tonnes, with charging speeds up to 1.5MW and ranges up to 372 miles. Kia’s PV7 and PV5 prioritize space and flexibility, while Hyundai, Tesla, and others showcase advances in range, charging, and software. The market aims to slash emissions, boost fleet efficiency, and cut operating costs.
Lexus has unveiled the eighth-generation ES at its Jeddah Center, marking a major upgrade alongside a redesigned showroom that blends art, architecture, and hospitality. Chief Engineer Kohei Chiashi says the model underwent repeated testing, with a focus on comfort and electrified powertrains. The event signals a new phase in Lexus' Saudi partnership.
Edmunds has identified four used electric SUVs that stand out at a $25,000 price point, highlighting models like the Chevrolet Equinox EV, Ford Mustang Mach-E, Hyundai Ioniq 5, and notes on battery ranges and trims. The guide analyzes value, range, and features for budget buyers.