Battery-electric compact SUV from Tesla, since 2020
Slate Auto has unveiled a bare‑bones, two‑seat electric pickup starting at $24,950 and a two‑row SUV conversion from $29,950. Preorders have opened with $300 deposits; the base truck uses a 63 kWh LFP battery, rear‑wheel drive, about 205 miles EPA range, and production is scheduled to begin in late 2026.
Toyota plans to expand its electric vehicle lineup in the US, with new models and local production, as demand recovers from a recent decline. Meanwhile, Tesla struggles with falling sales and production-supply gaps amid industry-wide demand slowdown, focusing on autonomous robots and future mobility projects.
As of April 2026, Tesla's Q1 vehicle deliveries fell 4% below analyst expectations, with a record inventory buildup signaling demand challenges. Volkswagen will cease US production of its ID.4 electric SUV, shifting focus to higher-volume models amid weak EV sales. Meanwhile, Australian demand for used EVs surges due to rising fuel prices, and Toyota plans to expand its US EV lineup despite recent market setbacks.
Chinese automakers are now producing leading electric vehicles with advanced powertrain technology and rapid charging capabilities. CATL has unveiled a third-generation lithium-iron phosphate battery that charges faster and performs well in cold weather, signaling significant progress in EV battery development.
Rivian has begun delivering the R2, its more affordable EV, with plans for a $50,000 base version by 2027. CEO RJ Scaringe argues the R2 will broaden choice and avoid copying rivals, while production scales in Illinois and Georgia expand capacity.
Chinese automakers have doubled electric-vehicle exports and are shifting production and R&D toward Europe as domestic demand cools. BYD has announced European assembly in Hungary and plans more local production; Xpeng says it will compete on quality rather than price. European OEMs are pivoting into defence contracts while Rivian has cut under 2% of staff as it begins R2 deliveries.
Federal investigators have opened parallel probes after a Tesla Model 3 drove across a Katy, Texas, lawn and crashed into a home on June 19, killing 76-year-old Martha Avila. Local police say the driver told them an automated driving feature was engaged; Tesla engineers say vehicle data show the accelerator was pressed to the floor before impact. The family has filed a wrongful-death suit against Tesla and the driver.