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Listen to a recap of the top stories of the day from Electrek. Quick Charge is available now on Apple PodcastsSpotifyTuneIn and our RSS feed for Overcast and other podcast players.

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Stories we discuss in this episode (with links):

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Lucid owners gain full access to Tesla’s Supercharger network, but with a big caveat

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Lucid owners gain full access to Tesla's Supercharger network, but with a big caveat

Lucid Motors announced that its Air owners will gain full access to Tesla’s Supercharger stations in North America starting July 31.

But there’s a big caveat.

Owners of the newly available Lucid Gravity already have access to Tesla’s Supercharger network as the vehicle is equipped with a native NACS charge port.

However, the Lucid Air, Lucid’s luxury electric sedan, is still equipped with the CCS1 port and requires an adapter to utilize the Supercharger network.

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Lucid announced today that Air owners will gain access on July 31:

All Lucid Air owners, regardless of model or model year, will gain access to the North American Tesla Supercharger network starting July 31, 2025. Unlike the Lucid Gravity, with its native NACS charge port and high-tech boost charging capabilities, Lucid Air uses a NACS adapter available from Lucid to plug into compatible Tesla Superchargers (V3 and above). The DC NACS to CCS1 adapter will be priced at $220 US excluding taxes.

The only problem is that Air owners are going to be limited to just a 50 kW peak charge rate using this adapter. Lucid wrote in the release:

Using this solution, the Air can charge at up to 50 kW and gain up to 200 miles of range per hour of charging, giving owners additional peace of mind while on the road. With the adapter, owners will be able to initiate charging on Tesla Superchargers via the Lucid App, with a credit card saved to their Lucid Wallet.

This will significantly limit the network’s usefulness for Air owners and increase traffic due to longer charging sessions. The reason for the limitation is currently unclear.

However, many Lucid owners are likely to choose stations where they can take advantage of the 300 kW peak charge rate of the Air.

Emad Dlala, Senior Vice President of Powertrain at Lucid Motors, commented on the announcement:

“In addition to offering the longest-range electric vehicle available, Lucid is committed to offering our customers seamless and wide access to public charging. Access to the Tesla Supercharging network for the Lucid Air is yet another major milestone.”

Electric automakers have all been transitioning their vehicles to the NACS connector in North America to standardize charge connectors and take advantage of Tesla’s Supercharger network, which is the most extensible and reliable EV fast-charging network in North America.

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GM took a $1 billion hit in Q2 over tariffs, but profitable EVs continue to be its ‘north star’

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GM took a  billion hit in Q2 over tariffs, but profitable EVs continue to be its 'north star'

Chevy is now the #2 electric vehicle brand in the US. Cadillac is the luxury EV leader. GM is even selling more vehicles in China. Although Trump’s tariffs cost GM an extra $1.1 billion in Q2, the company reassured investors that profitable EVs continue to be its “north star.”

GM reports Q2 2025 earnings as EVs take the spotlight

GM’s electric vehicle sales more than doubled in the second quarter, with strong growth across Chevy, Cadillac, and GMC

With a combined 46,280 EVs sold in Q2, up 111% from the same period last year, GM is starting to close the gap with Tesla in the US.

Led by the Equinox EV, or “America’s most affordable 315+ range EV,” Chevy surpassed Ford and Hyundai to become the second-best-selling electric vehicle brand in the US.

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Chevy’s EV sales rose 146% in Q2 and 134% in the first half of 2025 with the electric Equinox, Blazer, and Silverado rolling out.

Cadillac, which now offers a full lineup of electric SUVs, claims to be the luxury EV leader in the US. However, GM doesn’t include Tesla as a luxury rival due to its pricing structure. Over 25% of Cadillac’s sales in Q2 were EVs.

GM-Q2-earnings-EVs
GM EV sales growth in Q2 2025 across Chevy, Cadillac, and GMC (Source: General Motors)

Cadillac’s EV lineup now includes the entry-level Optiq, midsize Lyriq, the three-row Vistiq, and massive Escalade IQ.

Even GMC is selling more electric vehicles. GMC now offers the Sierra EV pickup alongside the Hummer EV pickup and SUV.

GM-Q2-2025-earnings-EVs
2026 GMC Sierra EV AT4 (left) and Elevation (right) trims (Source: GMC)

After releasing Q2 earnings on Tuesday, GM’s CEO, Mary Barra, said, “Despite slower EV industry growth, we believe the long-term future is profitable electric vehicle production, and this continues to be our north star.”

GM beat Wall St estimates, posting $47.1 billion in revenue in Q2 2025, but its profits (EBIT) slipped 35% to $3.04 billion, down from $4.43 billion in Q2 2024. The company stated that Trump’s tariffs had a $1.1 billion net impact in the second quarter, but it expects the impact to be even greater in the third quarter.

Cadillac-luxury-EV-leader
Cadillac Optiq EV (Source: Cadillac)

Despite the impact, GM reaffirmed its full-year 2025 guidance, which was lowered in May. That includes an extra $4 billion to $5 billion in costs from the tariffs.

The company said it’s “making solid progress to mitigate at least 30% of this impact through manufacturing adjustments, targeted cost initiatives, and consistent pricing.”

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GM plans to build a “next-gen affordable EV) in Kansas (Source: GM)

GM announced a $4 billion investment last month to shift North American production as it looks to overcome the impact. It’s also expanding its partnership with LG Energy Solution to build lower-cost LFP EV batteries at its joint venture (Ultium Cells) plant in Tennessee.

Later this year, GM is expected to introduce the new Chevy Bolt EV, featuring a longer driving range, faster charging, and additional features. It will be the first of a “family of Bolts,” which will include an even lower-priced model.

Like most automakers in the US, GM is offering significant discounts on electric vehicles, capitalizing on federal incentives, including the $7,500 tax credit, which is set to expire at the end of September.

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2025 Chevy Equinox EV LT (Source: GM)

Starting at under $35,000 with a range of up to 319 miles on a single charge, the Chevy Equinox EV is the third-best-selling EV in the US so far this year. Who knew an affordable EV with over 300 miles of range would sell?

With leases starting at just $279 a month, the Chevy Equinox EV is hard to pass up right now. If you want to test out one of GM’s electric vehicles for yourself, you can use our links below to find Chevy, Cadillac, and GMC EVs near you.

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Telegram’s crypto wallet goes live to its 87 million U.S. users

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Telegram's crypto wallet goes live to its 87 million U.S. users

Dado Ruvic | Reuters

Telegram users in the U.S. can now send, receive, and manage cryptocurrency directly inside the app — no downloads, extensions, or separate logins required.

TON Wallet is built into Telegram’s interface and is beginning its U.S. rollout this week. It is a self-custodial crypto wallet in which a user controls their own private keys.

The service, developed by The Open Platform, which is known as TOP, and built on the TON blockchain, allows users to send stablecoins and other digital tokens to their contacts as easily as sending a message.

The company says it’s the first time a self-custodial crypto wallet has been embedded into a mainstream messaging platform in the U.S. market.

The wallet has already seen broad international adoption, with more than 100 million users globally having activated their wallets in 2024. The U.S. launch had been delayed amid regulatory uncertainty. Andrew Rogozov, CEO of TOP, said that began to shift over the past year.

“We started considering the U.S. as a more interesting opportunity for us,” Rogozov told CNBC, citing a shift in regulatory conditions and Telegram’s user growth.

He said there are a lot of crypto users on the platform, and described the wallet as “the fundamental part of this infrastructure,” giving users a way to store assets and interact with Telegram’s growing ecosystem of Mini Apps.

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“Our goal, our mission here, is to remove as much friction as possible,” Rogozov said. “And this is basically what crypto is trying to solve, especially at the global scale, by removing all the borders.”

A split-key backup system — one part tied to the user’s Telegram account and another to their email — allows for self-custody while simplifying onboarding.

“No need to download the wallet, no need to remember the seed phrase,” he added. “This is how we simplify the whole thing.”

TON Wallet supports peer-to-peer transfers, swaps between tokens, staking to earn yield, and zero-fee crypto purchases through a partnership with MoonPay. It also provides on- and off-ramps via debit cards and connects to decentralized apps inside Telegram’s “Mini Apps.”

Telegram formally distanced itself from the TON blockchain after abandoning its own crypto token effort in 2020 under SEC pressure. In the years since, it has continued to integrate TON-based features such as tokenized usernames, stickers, and emojis, and has publicly supported Fragment, a collectibles marketplace built on TON.

TON Wallet’s expansion into the U.S. could increase competition for platforms like Cash App and Coinbase, particularly if Telegram’s crypto-enabled ecosystem gains traction with mainstream users.

For now, the wallet avoids directly offering regulated financial services, instead partnering with licensed providers like MoonPay for on- and off-ramps.

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