After deliveries of its sole electric vehicle fell in the first quarter, Porsche says Taycan production is due for a “very steep ramp-up.”
Porsche set to increase Taycan production
Porsche delivered 9,151 Taycan electric models in the first quarter of 2023, down 3% from 9,470 in Q1 2022 and a decline of 73% from the 34,801 models delivered in Q4.
The drop comes despite Porsche’s overall deliveries rising 18% YOY to over 80,700 vehicles, up from 68,426 the previous year. As a result, Porsche’s total BEV share fell to 11.4% compared to nearly 14% last year.
According to Porsche’s Q1 earnings released Wednesday, the company says the supply chain and parts availability was “disproportionately high” with the Taycan compared to its other models.
However, that is about to change. Porsche CFO Lutz Meschke said, “The focus in the first quarter for the Taycan was to deliver spare [high-voltage heaters] for our existing customers, according to Autocar.
With a limited number of Taycan EVs equipped with defective heating systems, Porsche prioritized replacing the faulty units in models already sold rather than using them in new models. Meschke explained:
Now we’re in a very steep ramp-up curve together with our supplier when it comes to the higher-voltage heating system, and therefore we expect an increase in the BEV share in the upcoming months.
He added that Porsche is very confident it will reach its EV share target of around 12% to 14% in 2023.
Porsche Taycan (Source: Porsche)
Despite the demand for the Taycan remaining strong, according to Meschke, the shrinking EV share is “only caused by supply-chain disruptions and limited parts availability,” an issue that has since been resolved.
Electrek’s Take
After hitting a milestone by producing its 100,000th Taycan electric model last November, many saw the EV as a major success for the performance automaker.
Meschke makes it clear that the delivery decline is due to supply chain issues and not a demand problem.
With plans to rapidly accelerate Taycan production, we should see Porsche’s EV share rise again. Meanwhile, the Taycan is Porsche’s only fully electric vehicle at the moment. The all-electric Macan model was expected out by now but won’t be released until next year.
Following that, an electric Boxster or Cayman two-seater will be released in 2025, and finally, the electric Porsche Cayenne is expected to roll out in 2026.
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Save up to 46% on Segway EVs for Prime Day, like the premium Max G3 smart e-scooter at $1,100 (Reg. $1,200), more
Segway has launched its Fall Prime Day Sale, with up to 46% discounts on a selection of its EVs directly from its website, as well as through Amazon. One notable price cut that’s been a long time coming is the Segway Max G3 Electric Scooter dropping to $1,099.99 shipped, with the price matched at Amazon too. It carries a $1,500 MSRP, though we’ve seen it keep down at $1,200 for the majority of the year since releasing in March, save for the $900 and $1,000 pre-sale and launch deals. Aside from those first-time discounts, you’re otherwise getting the best price since during this event, giving you $100 off the going rate for the third-best price we have tracked. Head below for more on this advanced cruiser and the other models benefiting from discounts.
The latest generation in the series, Segway’s Max G3 e-scooter, picks up the mantle from its beloved second-generation predecessor and takes things further with upgrades, like the 800W motor that can peak as high as 2,000W to tackle up to 30% inclines and hit top speeds of 20/28 MPH. Featuring a boost mode, acceleration can be ramped up getting you from 0 to 15.5 MPH in 2.4 seconds before increasing further up to its higher speeds. There’s also the 597Wh battery that allows for up to 50 miles of travel after only 3.5 hours of charging – which can be cut down to 2.5 hours by using the alternate DC charging cable simultaneously with the AC cable.
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Some of the Segway Max G3’s upgraded features include the Stability Enhancement System, as well as the Apple Find My inclusion, so you’ll always know where it is, especially if unfortunately stolen – plus, proximity locking and unlocking for even more bolstered security. You’ll also be getting dual suspension, 11-inch self-sealing tires, the automatic 6W headlight, underglow deck lighting, and a 2.4-inch smart TFT display, which provides navigation, caller ID, and smart charge management through your phone.
Score $2,000 in exclusive savings on EcoFlow’s DELTA Pro Ultra power station with a FREE 400W solar panel at $3,799 low
Folks looking for significantly more backup power support to cover home systems will find an ample opportunity in the exclusive savings we’ve got for our readers from Wellbots, where you can now pick up the EcoFlow DELTA Pro Ultra Portable Power Station with a FREE 400W solar panel for $3,799 shipped, after using the code 9TODPU5 at checkout for an additional 5% off. Dropping down from its $5,799 MSRP to $3,999, the extra savings takes the cost back down to the best rate we have tracked, though in the past those deals never included the free solar panel. Not only are you getting $2,000 in exclusive savings for a return all-time low on the initial inverter + battery combo that makes up the base power station, but you’re getting FREE solar gear added on for expanded capabilities.
You can now score Anker’s latest SOLIX C1000 Gen 2 power station at Amazon for a new $379 Prime Day low
Anker’s official Amazon storefront is undercutting its Prime Day Sale on the pricing of its new SOLIX C1000 Gen 2 Portable Power Station that has fallen down to $379 shipped, which beats out the direct sale pricing by $50. This is the latest model from the brand, which has been carrying a $799 MSRP since hitting the market in August, with the discounts we’ve seen up until now dropping costs as low as $429. Now, during the Prime Day event, you can pick it up with $420 slashed from the MSRP for the best new price we have tracked.
The savings this week are also continuing to a collection of other markdowns. To the same tune as the offers above, these all help you take a more energy-conscious approach to your routine. Winter means you can lock in even better off-season price cuts on electric tools for the lawn while saving on EVs and tons of other gear.
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The Volvo EX30 is now even more affordable. Volvo launched the EX30 Single Motor in the US, with prices starting under $40,000, but that’s not all.
Volvo adds cheaper EX30 trim for the 2026 model year
Volvo promised it was coming. Although the cheaper EX30 trim was scheduled to arrive in the US by the end of 2024, Volvo ultimately pushed back its arrival as it ramped up production.
Almost a year later, the Volvo EX30 Single Motor is finally available on Volvo’s US website. Prices for the 2026 Volvo EX30 start at just $38,950. That’s a nearly $6,000 price reduction from the 2025 model, which started at $44,600.
The outgoing model was exclusively available in the 422-hp Twin Motor Performance variant, while the 2026 EX30 gains a new Single Motor version.
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The new EX30 model features a single rear-mounted motor with 268-hp. It’s powered by the same 69 kWh battery pack as the Twin Motor version, but offers an EPA-estimated driving range of up to 261 miles. Upgrading to the Twin Motor Performance, with 253 miles range, costs an additional $6,000.
The Volvo EX30 (source: Volvo)
Volvo offers the Plus package as standard, but you can upgrade to the Ultra grade, which adds Park Pilot Assist, a 360-degree camera with 3D view, and more, for $46,650.
With charging speeds of up to 175 kW, Volvo said the EX30 Single Motor can recharge from 10% to 80% in 28 minutes.
Volvo EX30 interior (Source: Volvo)
Volvo introduced another EX30 variant for the 2026 model year, the more rugged Cross Country version. The 2026 Volvo EX30 Cross Country starts at $48,150 and is only available as an AWD model.
Volvo EX30 Cross Country (Source: Volvo)
The EX30 Cross Country is “engineered to move effortlessly from city streets to snowy trails and rugged backroads,” Volvo said. It offers higher ground clearance, a blacked-out grille, skid plates, wide wheel arches, and more, perfect for both on- and off-road adventures. It offers a driving range of 227 miles.
2026 Volvo EX30 trim
Starting Price
Driving Range
Volvo EX30 Single Motor, Plus
$38,950
261 miles
Volvo EX30 Twin Motor Performance, Plus
$44,900
253 miles
Volvo EX30 Twin Motor Performance, Ultra
$46,600
253 miles
Volvo EX30 Cross Country
$48,150
227 miles
2026 Volvo EX30 prices and range by trim in the US
The new EX30 is part of Volvo’s revamped 2026 lineup, which also includes significant improvements to the larger EX90. Volvo’s three-row electric SUV now has faster charging times and more computing power than ever.
Volvo’s popular Black Edition package is now available on the EX40, its first EV to receive the blacked-out design upgrade.
Interested in trying one out for yourself? You can use our links below to find Volvo EX30, EX40, and EX90 models available in your area.
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After cutting prices on its top-selling electric vehicle by nearly $10,000 in the US, Hyundai is now bringing the savings to new markets. Hyundai is offering discounts of over $34,000 on some of its EVs overseas.
Hyundai is discounting EVs in the US and overseas
Last week, Hyundai announced it was reducing prices on the 2026 IONIQ 5 by up to $9,800 in the US. The 2026 IONIQ 5 starts at just $35,000, making it one of the most affordable EVs available alongside the Chevy Equinox EV and the Nissan LEAF.
Hyundai said the generous EV discounts reflected its “commitment to affordability” as part of its long-term strategy.
Record vehicle sales and higher output at its new EV plant in Georgia are helping reduce costs, which the company said it’s now passing on to buyers.
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The massive EV discounts are starting to pile up after Hyundai cut prices in another market on Tuesday. After launching a series of special offers in Australia on Tuesday, Hyundai is discounting some of its EVs by more than $34,000.
The Hyundai Kona Electric (Source: Hyundai Australia)
According to TheDriven, Hyundai reduced prices on select IONIQ 5, IONIQ 6, Inster EV, and Kona Electric models by up to $34,142.
Hyundai’s most affordable electric car, the Inster (which is sadly not sold in the US), received a $3,925 price reduction, and now starts at under $40,000 for the first time.
The Hyundai Inster EV (Source: Hyundai)
The IONIQ 6 is heavily discounted, with up to $34,142 off the driveway price on 2023 model year inventory. Hyundai has also reduced the prices of the IONIQ 5 by nearly $10,000. As the report points out, the savings are based on the driveway prices in NSW, which are available nationally.
2025 Hyundai IONIQ 5 (Source: Hyundai)
Although Hyundai’s price cuts in the US were in response to the $7,500 federal EV tax credit expiring, the discounts in Australia come as demand for electric cars is at an all-time high. In September, electric vehicles accounted for 11.3% of new car sales.
In the US, Hyundai is still offering a $7,500 cash incentive for 2025 IONIQ 5 models until at least the end of October.
2025 Hyundai IONIQ 5 Trim
Driving Range (miles)
2025 Starting Price
2026 Starting Price*
Price Reduction
Monthly lease cost (October 2025)
IONIQ 5 SE RWD Standard Range
245
$42,600
$35,000
($7,600)
$249
IONIQ 5 SE RWD
318
$46,650
$37,500
($9,150)
$259
IONIQ 5 SEL RWD
318
$49,600
$39,800
($9,800)
$299
IONIQ 5 Limited RWD
318
$54,300
$45,075
($9,225)
$369
IONIQ 5 SE Dual Motor AWD
290
$50,150
$41,000
($9,150)
$309
IONIQ 5 SEL Dual Motor AWD
290
$53,100
$43,300
($9,800)
$349
IONIQ 5 XRT Dual Motor AWD
259
$55,500
$46,275
($9,225)
$379
IONIQ 5 Limited Dual Motor AWD
269
$58,200
$48,975
($9,225)
$419
2025 vs 2026 Hyundai IONIQ 5 prices and range by trim
The 2025 Hyundai IONIQ 5 Standard Range starts at $42,600, while the 2026 model year is priced from just $35,000.
Although it was already one of the most affordable EVs on the market, the IONIQ 5 is hard to pass up with leases starting at just $249 per month in the US. For $10 more per month ($259), you can upgrade to the long-range SE RWD trim, which offers a range of up to 318 miles.