Nissan has introduced a new concept vehicle at the Japan Mobility Show, and it looks like a slightly pared back Batmobile with its sharp lines and scissor doors. The automaker has been introducing one concept vehicle per week since the beginning of October, with the Hyper Force being its newest and last entry. Nissan envisions the Hyper Force as an all electric vehicle designed for both racing enthusiasts and gamers. In fact, it's supposed to come with an augmented reality (AR) and virtual reality (VR) driving experience. 

The idea is to give owners the option to drive their vehicle in the virtual world — while it's not moving, of course — through a special VR helmet with blind visors. That helmet will give users access to a gamified driving experience, where they can race against the clock or against other online racers, including their friends and "professional drivers' digital ghosts" on a circuit. 

As for the car itself, Nissan designed it to have an all-solid-state battery that can produce an output of up to 1,000 kW. It's also supposed to come with advanced autonomous driving capabilities, thanks to its LIDAR system and an array of sensors meant for sports driving.

The Hyper Force has two driving modes, one of which is the R or the racing mode that bathes the cabin in red light and extends panels on the dashboard toward the driver seat to enhance the feeling of being in a cockpit. Meanwhile, in GT or grand touring mode, all the screens and panels glow blue and move away from the driver seat. By the way, if the vehicle's panels, cockpit and graphical user interface look familiar in the video below, that's because Nissan designed them in collaboration with Polyphony Digital Inc., the developer of Gran Turismo. 

Since it's just a concept, nobody will be driving the Hyper Force anytime soon. Nissan president and CEO Makoto Uchida described the concept cars the company showcased at the event as "symbols of the future [that] embody [the company's] founding spirit of 'daring to do what others don't.'"

Lexus showed off a pair of EV concept cars at the Tokyo Mobility Show designed to highlight its electrified future. The first is the LF-ZC concept designed to go into production next year and includes wild features like using the steering wheel for racing games. The other is the LF-ZL flagship that represents the "future vision" of the brand, Toyota said in a press release. 

The luxury Toyota sub-brand is committed to becoming fully electric by 2035, and the LF-ZC will be a big part of that with a market launch by 2026. Unlike Honda's Prelude concept that looks nearly production ready, however, the LF-ZC looks more like a showcase for ideas than a real car. 

Lexus

Some of those ideas include "more versatile vehicle packaging" that minimizes core components. That will improve performance, according to Toyota, allowing for a low center of gravity, steer-by-wire, and an all-wheel drive powertrain. The company is also focusing on aerodynamics, promising drag coefficient of just 0.2, while still allowing for a wide stance. The design is certainly eye-catching, but is unlikely to bear any resemblance to the final production vehicle.

Details on the drivetrain are vague, but Lexus is aiming for "twice the range of conventional BEVs." That will be achieved through the use of "advanced high-performance batteries" made with a prismatic structure, designed to increase range via improved aerodynamic integration and reduced weight. These notably won't be solid state batteries, which won't arrive until a few years later.

Lexus

The concept mentality extends to the cockpit, as well. Along with a yoke-style steering wheel, there's a left-hand "digital pad" that controls functions like shifting, driver assistance functions, drive mode and more. On the left hand pad are secondary controls like music, climate, phone and AI functions. It also features digital mirrors and a heads-up display that's de rigeur for such vehicles. 

The dashboard wide display, meanwhile, is what Lexus calls an "open platform for entertainment and diverse applications." The seating is low, and the LF-ZC features materials like bamboo fibers and threads. It'll also use AI tech Lexus calls "Butler" that uses self-learning to customize personal settings for each driver and user, while also allowing for a personalized driving experience.

Lexus

One particularly crazy feature is using the drive-by-wire feature to somehow marry gaming with the real world. "Customers will be able to engage in e-sports using Steer-by-Wire technology inside the vehicle, for example, then implement their preferred settings through OTA to allow them to experience it in the real world." In other words, you can tune the steering and brakes using Gran Turismo or Forza, then take those settings into the real world. 

Lexus also unveiled the LF-ZL (below), calling it a "flagship BEV concept with a vision of the electrified future." It didn't go into much detail about that vehicle, other than promising some very high-tech features like "Interactive Reality In Motion" that seem implausible for a vehicle at this point. "When drivers point to objects or places of interest during their journey, the car's display promptly delivers information along with voice guidance, enabling the car to enhance the connection between occupants and their surroundings," the company said. 

Lexus

The company also talked up things like using "big data" to allow the LF-ZL to integrate into the electrical grid. Lexus also took car show-speak to a new level, promising "Omotenashi" features that will allow for a serene cabin and "unprecedented mobility."

Treat all these promises and designs with appropriate skepticism, as it's unlikely that much of the loftier ideas will arrive to market anytime soon (though gaming on your car's steering wheel sounds fun). Toyota is famously late to the EV game, though it is trying to catch up quick by releasing seven "beyond zero" all-electric models by 2025. The company is also working on solid-state battery technology, promising a range of over 600 miles and saying it's near production with a potential launch in 2027 or 2028. If it achieves those goals, great, but so far solid state batteries have been nothing but hot air. 

Lexus

Honda has brought its iconic Prelude back in the form of a new concept EV, a two-door coupe that looks surprisingly ready for production, the company announced. No details about the powertrain were revealed, but Honda said it represents a preview of the company's future EV lineup and demonstrates its commitment to driver-focused performance.

The Prelude concept was revealed at the end of Honda's Tokyo Mobility Show presentation without many details, other than the appearance. It resembles the latest Honda Civic, particularly in the front end. It's less angular though, retaining the smoother lines that later versions of the original Prelude were known for. Other notable visual cues include bulging fenders, regular side mirrors (not cameras), a small spoiler and blacked out windows. The latter probably means that the concept doesn't have much in the way of an interior yet. 

The original Prelude put Honda on the map for front-wheel-drive performance, famously coming in second to the Porsche 944 in a 1984 Car and Driver shootout (while beating a Ferrari 308, Lotus Esprit, two other Porsches and a Toyota Supra in the process). It was discontinued in 2001, with the final US model offering 200 horsepower.  

Honda was very slow, reluctant even, to embrace electric cars — bringing the breakthrough Honda E to market was an uphill battle. And that vehicle likely won't get a follow-up, as Honda said earlier this year that it would focus on SUVs instead. However, CEO Toshihiro Mibe made clear that the Prelude concept represents the company's way forward in terms of sporty EVs. 

"The word 'prelude' means an 'introductory or preceding performance,'" he said. "This model will become the prelude for our future models which will inherit the 'joy of driving' into the full-fledged electrified future and embody Honda's unalterable sports mindset. The Prelude Concept is a specialty sports model that will offer [an] exhilarating experience."

Those comments suggest that the company will eventually built the Prelude, or something like it. That would be a way for Honda to move into EVs while still embracing its enthusiast performance heritage. 

One by one, automakers have started adopting the North American Charging Standard (NACS) used by Tesla's Superchargers as they move towards their goal of replacing their fleet with electric vehicles. Toyota is the latest company to join the growing list. The automaker has announced that it has reached an agreement with Tesla to incorporate NACS ports into certain Toyota-branded vehicles starting in 2025. Some EVs under its luxury brand, Lexus, will come with the standard's charging ports, as well. 

By using NACS ports on its electric vehicles, Toyota is effectively giving its customers the power to access more than 12,000 Tesla Superchargers across North America. While the company won't be implementing the standard over the next year, its timeline matches its rival automakers'. To note, customers who already have Toyota and Lexus vehicles equipped with the Combined Charging System (CCS) will be offered access to NACS adapters starting in 2025, as well.

BMW also recently announced that it was adopting the standard for all its EVs in the United States and Canada. A few months ago, GM and Ford revealed they were making the switch starting in 2025, but owners will already be able to access Tesla Superchargers next year with an adopter. Hyundai will adopt the port for its EVs in the US in 2024, with EVs in Canada to follow in 2025. Honda, Toyota's fellow Japanese automaker, announced its transition to NACS in September and its plans to sell vehicles with the port in two years' time. It also said, however, that it's developing an adapter to allow pre-2025 Hondas to charge using Tesla's system. 

EV charging infrastructure company ChargePoint announced Thursday that it’s rolling out support for Tesla’s North American Charging Standard (NACS) connector. In a move announced earlier this year, the network will support AC and DC charging for the formerly proprietary, soon-to-be-ubiquitous Tesla plug. Rival Electrify America announced a similar change in June, but it set a more modest deadline of 2025 to make the transition.

Support begins rolling out today with “much of the lineup” expected to deliver during the next month. Cable upgrade kits for the company’s existing DC fast chargers will be delivered to customers in November, “offering Tesla drivers a public fast charging alternative for the first time,” the company wrote in a press release Thursday.

The ChargePoint app now includes an NACS selection filter to help find a compatible station on your route. “With many car manufacturers recently adopting the NACS standard for upcoming models, ChargePoint now offers every necessary cable solution to charge an EV in North America and Europe,” the company wrote. ChargePoint has over 48,000 EV charging stations globally.

ChargePoint

ChargePoint will provide a native DC connector and AC “solutions” compatible with Tesla vehicles. It will also continue supporting the Combined Charging System (CCS-1) standard. “The lineup offers AC solutions as well, negating the need for a cumbersome adapter to charge,” the company wrote. In addition, ChargePoint begins shipping cables for its Level 2 Home Flex charging system this month. It’s the first publicly available option offering NACS DC fast-charging speeds for non-Tesla EVs.

“With more than 35 million historical ChargePoint sessions initiated by Tesla vehicles, we saw the need to offer native connector solutions for this large portion of the EV market,” Pasquale Romano, CEO of ChargePoint, wrote in a press release. “Our support for both installed and new products opens up ChargePoint DC chargers to millions of drivers who have not yet had a fast charging alternative to the Tesla ecosystem, and makes their AC charging experience more convenient.”

The auto industry has lined up behind NACS in recent months. Ford, GM / Rivian, Volvo, Polestar, Mercedes, Honda, Jaguar, BMW and Hyundai have announced plans to adopt the standard in upcoming vehicles. Toyota and Volkswagen stand as two of the few remaining holdouts.

After slogging through years of delays and redesigns, the Tesla Cybertruck can finally be seen on public roads this holiday season, the company announced. Deliveries of the long-awaited luxury EV SUV will begin to select customers starting November 30, before the vehicle enters full production next year at its Texas Gigafactory.  

For its existing model lines, Tesla's production and deliveries are both down this quarter, about seven percent or roughly 30,000 units compared to Q2, but still significantly higher year over year, up ~100,000 units, over 2022. The EV automaker has slashed the prices on its vehicles repeatedly this year, first in March, then again in September (taking a full 20 percent off the MSRP at the time) and once more in early October. 

The Model X, for example, began 2023 retailing for $120,990 — it currently lists for $79,990. The models S (now $74,990), Y ($52,490, down 24 percent from January) and 3 ($38,990, down 17 percent) have all seen similar price drops. In all, Tesla reports its cost of goods sold per vehicle decreased to ~$37,500 in Q3.

Musk had previously explained his willingness to drop prices and endure reduced margins if it translates to increased sales volume. “I think it does make sense to sacrifice margins in favor of making more vehicles,” he said in July. 

“A sequential decline in volumes was caused by planned downtimes for factory upgrades, as discussed on the most recent earnings call. Our 2023 volume target of around 1.8 million vehicles remains unchanged,” Tesla wrote in an October press statement. The company delivered some 435,059 vehicles globally in Q3. 

The company continues to increase its investments in AI development as well, having "more than doubled" the amount of processing power it dedicates to training its vehicular and Optimus robot AI systems, compared to Q2. The Optimus itself is reportedly receiving hardware upgrades and is being trained via AI, rather than "hard-coded" software. Additionally, the company announced that all US and Canadian Hertz rentals will have access to the Tesla App, allowing them to use their phones as key fobs. 

This is a developing story. Please check back for updates.

BMW's North American EV customers should have an easier time finding charging stations in the future. The company has announced it's adopting the North American Charging Standard (NACS) for all its battery-powered EVs in the United States and Canada. The changeover should be official beginning in early 2025.

The remodel's rollout coincides with all BMW and Rolls-Royce EVs built with a Combined Charging System (CCS) getting access to specific Tesla Supercharger stations. "With six fully electric BMW, MINI and Rolls-Royce models now available in the US market, and more to come, it is our top priority to ensure that our drivers have easy access to reliable, fast charging," Sebastian Mackensen, President and CEO, BMW of North America, said in a statement. "This agreement is the latest in our longstanding and continued effort to expand charging options for our customers as we continue on the road to electrification."  

BMW was one of the last car manufacturers in the region which had yet to adopt the NACS. The company follows Ford, General Motors and Volvo — among others — who have recently made the change. Toyota, Volkswagen and Honda are all still holdouts, though the latter two have been in talks with Tesla about making the shift. 

In July, BMW announced a joint venture with six other car manufacturers — including General Motors and Honda — to build a minimum of 30,000 charging stations in urban areas and highways. They should each offer compatibility with the CCS and the NACS. The joint venture plans to start rolling out locations across the US in early 2024 and in Canada at a later point. 

Car dealers can give buyers an instant rebate for purchasing certain electric vehicles starting in January of 2024, according to new guidance released by the IRS. The memo says eligible vehicles may qualify for a tax credit of up to $7,500. However, the credit amount will depend on whether an EV and its buyer meet certain requirements, and when a car is actually purchased. 

For an electric car to qualify, it needs to have a minimum battery capacity of seven kilowatt hours. Buyers can’t claim the credit if their adjusted gross income exceeds certain thresholds – $300,000 if married and filing jointly, and $150,000 for the majority of single taxpayers. The manufacturer’s suggested retail price for the EV also can not exceed specific price points. For sport utility vehicles and pickup trucks, the cap is $80,000, for example. But for average electric vehicles to qualify, they can't be more than $55,000, which really narrows the benefit for cheaper car makers. While it’s a bummer that you can't get the rebate for an $81,000 Porche Taycan, you can probably get the benefit for something like the Nissan Leaf S that goes for $27,400.

Some EVs bought before 2024 might qualify for the rebate too, if they were bought and weren't intended for resale. For vehicles placed in service on or after April 18, 2023, the IRS says the potential rebate will depend on a variety of factors including the vehicle’s make and battery capacity. There are also requirements in place for length of ownership to prevent unscrupulous buyers from snapping up an EV, reselling it and pocketing the rebate.

The IRS lists eligible vehicles, including battery electric, plug-in hybrid and fuel cell vehicles on FuelEconomy.gov. It says the list will be updated as more vehicle eligibility requirements take effect.

All in all, the proposed guidance by the IRS is in line with the Biden administration’s goal of having 50 percent of new car sales be driven by EVs before 2030. The hope is an instant rebate will incentivize more buyers to purchase an electric car rather than having to wait to see any tangible reward for their purchase when they file their taxes. Albert Gore, executive director of the Zero Emissions Transportation Association, commends the IRS’ memo stating, “This guidance makes it easy for everyone to access the IRA’s new and used electric vehicle tax credits at the point of sale.”

Tesla is cutting prices on some Model 3 and Model Y vehicles in the US, as spotted by CNBC. The automaker’s move, its second price drop in just over a month, comes after it fell short of market estimates for deliveries.

Tesla’s website now lists the Model 3 starting at $38,990, down from its previous $40,240. Meanwhile, the Model 3 Long Range is now $45,990 (down from $47,240), and the Model 3 Performance has a new price of $50,990 (from $53,240). In addition, the Model Y Performance SUV has fallen from $54,490 to $52,490.

These are minor cuts compared to the nearly 20 percent price drops it issued in September on Model S and Model X EVs. They also pale in comparison to the March price cuts that dropped Model X costs by up to $10,000. Tesla began toying with pricing in late 2022 when it lowered costs to face a consumer spending slowdown and increased EV competition. The automaker attributed its third-quarter slump to factory upgrades, leading to manufacturing downtime. Since January, Tesla has cut the cost of the Model 3 by about 17 percent and the Model Y by 26 percent.

CEO Elon Musk has signaled he is willing to prioritize volume and market share over profit margins in the near term. “I think it does make sense to sacrifice margins in favor of making more vehicles,” he said in July. However, the automaker believes it will still reach its 2023 goals. “A sequential decline in volumes was caused by planned downtimes for factory upgrades, as discussed on the most recent earnings call. Our 2023 volume target of around 1.8 million vehicles remains unchanged,” Tesla wrote in a statement this week.

Kia drivers that own electric vehicles will be able to use 12,000 Tesla Superchargers across the United States, Canada and Mexico. This is taking place, just as the company rolls out its EV9 electric SUV, which we dubbed “one of the most important electric SUVs” earlier this year. This move aligns with a broader industry trend of automakers collaborating with Tesla to enhance EV charging options. We have seen competitors including Hyundai, Ford and General Motors take similar steps all within the past year.

Kia said it plans to build the NCAS port, which is the most common charging standard, into all of its new electric vehicles that go on sale in North America starting in the fourth quarter of 2024. This will ensure its EV drivers will gain access to high-speed chargers networks, like the ones being offered by Tesla. Kia also plans to offer adapters for the existing Niro EV and EV6, as well as any EV9s produced before the change, in the first quarter of 2025.

The availability of charging stations is a crucial factor in driving EV adoption. Many American and foreign carmakers have looked to Tesla’s network of 50,000 superchargers across North America as a crutch. When Tesla first started building out its network of Supercharger stations in 2012, they were solely meant for Tesla drivers. But healthy demand for charging station access has skyrocketed as more and more electric vehicles have debuted in the mainstream market. The North America electric vehicle charging stations industry is projected to reach $17.6 billion by 2030, according to a report by Meticulous Research.

Given the current market dynamics, it's reasonable to expect that other automakers will also move in the same direction as Kia. But it may be too soon to tell if Tesla will continue to lead the effort in making charging stations accessible. Notably, seven major automakers, including Kia, are working to establish a new charging network in North America that may rival Tesla’s current web. The new joint program aims to set up around 30,000 high-powered charging points near cities and highways, all in pursuit of the same goal of speeding up the adoption of electric vehicles.