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VW has revealed the much-anticipated North American version of its ID. Buzz electric microbus, with an extra row of seats and starting deliveries next year.

The new ID. Buzz version is much like the two-row European spec, but with a little more of just about everything. It has 282hp as opposed to 201hp (plus an available 330hp dual-motor configuration) with a top speed of 99 mph instead of 90 mph, 91kWh instead of 82kWh of battery, and is a full 10 inches longer.

Those additional 10 inches all come in the form of a 10-inch-longer wheelbase on the NA-spec. At 192.4 inches long, the three-row ID. Buzz is actually a full 2 feet longer than VW’s original 168-inch-long microbus. This all means more space for humans and cargo compared to the two-row version (though the extra row of seats takes up some of that space, but the 2nd row folds flat and 3rd row can be removed).

It also means room for an extra 9kWh of battery. VW hasn’t yet announced the range of the three-row version, though the European spec has 263 miles on the WLTP cycle. While the NA-spec has a larger battery, it’s also a longer and heavier vehicle, and EPA mileage estimates are significantly lower than WLTP estimates, so we can’t be sure what the final number will shake out as.

We don’t know if there are any changes to the Buzz’s charging capability either – the EU spec has 170kW charging, and that will likely stay the same for the US version, but a larger battery could enable slightly faster charging speeds, which would be nice.

The only efficiency-related answer VW provided in its press release is that the Buzz has a drag coefficient of .29, which it calls “very good for a vehicle of this shape” (i.e., a brick).

As for other differences, the North American model comes in three new colors that aren’t available on the European spec: Cabana Blue, Metro Silver, and Indium Grey.

VW hasn’t yet specified a price for the US version of the ID.Buzz, but it starts in the $65K-$70K range in Europe after taxes. The US version will be bigger, so might also cost more, but the starting price would likely be quoted as a little lower, since US taxes are added after the fact. Nevertheless, we can expect that this vehicle will probably be priced closer to the higher end of the electric SUV market, rather than the entry level.

We mention electric SUVs because there isn’t really another vehicle like this. There’s one plug-in hybrid minivan, the Pacifica Hybrid, and some commercial electric vans like the eSprinter and E-Transit. The ID. Buzz sits somewhere adjacent to a van and a minivan, with more character than either, so it’s hard to really find a direct competitor for it.

But the closest thing is probably minivans, and this will be much higher price than the gas-powered entry-level of that market, which is in the ~$35K range. That said, the Buzz gets access to incentives and will have lower running costs from energy and maintenance.

And, as the first all-electric entry into the market, VW probably thinks it can justify a higher price. Anecdotally, there does seem to be significant demand out there for a cool minivan-esque electric vehicle – especially one that could enable interesting conversion/adventure options.

VW didn’t give us any more news about the upcoming California camper van that it’s planning, but the long wheelbase gives VW room to work with. With all that space and built-in electricity, there should be some really cool options out there for van-lifers (perhaps even ones who want to stay off the grid with solar panels).

The public will get its first chance to look at the 3-row ID. Buzz later today, from 11 a.m. to 2 p.m. at VW’s unveiling event in Huntington Beach, California, at the beach parking lot at 21101 E. Pacific Coast Hwy.

Electrek’s Take

We’ll be at the reveal event later today in Huntington Beach, so we’ll get a chance to have some hands-on time with the van and see what it’s like in person.

As someone whose family had a VW Vanagon Westfalia camper growing up, the VW bus has special significance to me. My family went on a lot of adventures in that bus, and for all its quirks, it was an awesome vehicle.

And when I got into electric vehicles, I constantly thought about what a great platform a bus would be for an EV, with plenty of room under the floor for batteries which could power various camping accessories (stoves, lights, entertainment, etc.).

Electric drive can provide significant benefits to minivan-type vehicles because there’s plenty of room on the floor of the vehicle to fit a battery. This helps designers with packaging the powertrain, freeing up space that would otherwise be filled with engines, driveshafts or the like.

So when Voltswagen showed off its original ID. Buzz concept and leaned hard into the cool retro style of it all, I was immediately sold on the idea. I, and many others, thought it was just too cool.

Then reality set in, and the car ended up looking a little less “cute” than the original retro concept. The finalized version got a little more boxy shape, lost the characteristic old multi-window look, and the commercial/cargo version even lost the rear windows to just look like a normal van.

But still, between the two-tone paint job and short overhangs, the ID. Buzz remains more “fun” than a normal van. And it does have more character than most minivans, and is less boxy than other vans like the Sprinter and Transit.

I do question, however, why North America can’t have the two-row version. It seems like everyone is releasing a three-row EV this year, as if suddenly every American family gained two or three extra members that their European counterparts did not.

Somehow, my family’s 180-inch camper slept my whole American family comfortably, despite being a foot shorter than today’s offering – and it even had a kitchen, too.

We have a strange obsession with bigger vehicles here, despite their enormous costs to society (e.g., thousands of pedestrian lives). Some would say that Americans simply demand larger vehicles, but the problem is more complex than that – it’s largely driven by poor regulation that incentivizes the upsizing of cars. Thankfully the EPA has shown signs that it would like to bend the needle back, but somewhat slowly.

Until then, we still get a neat, retro-esque bus that looks like it could get some awesome camper capabilities. But some of us may still wait for a more micro-version of the classic microbus, instead of the maxi-micro-bus America is getting now.

And there are still some questions that are yet unanswered (price, range, charging), but I’m excited to see what VW does with this bus anyway – and to see it in person in a few hours at the Huntington Beach reveal.

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The Genesis GV60 MIV is one hardcore EV that climbs mountains [Video]

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The Genesis GV60 MIV is one hardcore EV that climbs mountains [Video]

The luxury carmaker channeled its inner superhero with this one. Genesis unveiled the new GV60 Mountain Intervention Vehicle (MIV) this week in Switzerland, an off-road EV that can climb mountains. The concept is designed for extreme rescue missions. Check it out below.

Meet the Genesis GV60 MIV rescue EV concept

Genesis showed off the new GV60 MIV this week at the World Economic Forum (WEF) in Davos, Switzerland. Crowds lined up to see it at the AMERON Davos Swiss Mountain Resort, not far from the WEF venue.

Based on its first dedicated EV, the GV60, the concept is designed to tackle extreme terrain and weather on rescue missions.

The purpose-built vehicle gains off-road elements like snow tracks and medical and emergency communication systems for rescue missions on mountains or other extreme terrain. Other upgrades include a custom heavy-duty roof rack and rear hatch rack.

Genesis added large carbon fender flares to warn those nearby and protect the vehicle from damage in extreme weather.

With a fully electric powertrain, the Genesis GV60 MIV has no tailpipe emissions, protecting the environment. It’s also nearly silent, with minimal noise pollution.

Inside, the off-road electric SUV includes custom sports seats, adding to the GV60’s already impressive interior design.

The concept follows the upgraded GV60, revealed earlier this month. Genesis updated it with redesigned front and rear bumpers, more tech, and added luxury.

Genesis GV60 MIV concept (Source: Genesis)

Like the new 2025 Hyundai IONIQ 5, based on the same E-GMP platform, the upgraded GV60 is expected to feature a bigger battery providing more range. Powered by an 84 kWh battery, the 2025MY now has up to 318 miles range, up from 303 miles in the outgoing model (77.4 kWh battery).

The 2025 Genesis GV60 starts at $52,350 in the US and has a range of up to 294 miles. Once the upgraded model arrives in 2026, the electric SUV could have a range of up to 300 miles.

2025 Genesis GV60 trim Range
(EPA-est)
Starting Price*
Standard RWD 294 miles $52,350
Standard AWD 264 miles $55,850
Advanced AWD 248 miles $60,900
Performance AWD 235 miles $69,900
2025 Genesis GV60 prices and range by trim (*excluding $1,350 destination fee)

What do you think of the GV60 MIV? Should Genesis get these onto the mountains? Or should it stick to on-road luxury cars? Let us know in the comments.

Ready to try out the electric luxury SUV for yourself? With the 2025 models arriving, Genesis is offering generous discounts on the 2024 lineup while they are still in stock. You can use our link to find offers on 2024 and 2025 Genesis GV60 models at a dealer near you today.

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LNG pure-play Venture Global’s IPO tests appetite for energy stocks under Trump administration

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LNG pure-play Venture Global's IPO tests appetite for energy stocks under Trump administration

A ship carrying liquefied natural gas (LNG) is towed out of the Port of Rotterdam on January 13, 2025 in Rotterdam, Netherlands.

Pierre Crom | Getty Images

Natural gas exporter Venture Global will begin trading Friday in the first major initial public offering under the Trump administration, testing investor appetite for energy stocks as the White House looks to implement a sweeping agenda aimed at boosting oil and gas production.

“The Trump administration has made very clear they support growing LNG exports,” Venture CEO Mike Sabel told CNBC in an interview Friday.

Venture Global is currently the second-largest LNG exporter in the U.S. behind Cheniere. Venture priced its initial public offering of 70 million shares at $25 to raise $1.75 billion for a total valuation of $60.5 billion.

This is far below the company’s original target. Venture had originally planned to offer 50 million shares in a range of $40 to $46, which would have raised about $2.2 billion at the midpoint for a total valuation of $110 billion.

Still, Venture’s IPO is the largest by an oil and gas company in a decade and the fourth-largest since 2000. At a valuation of around $60 billion, it would be the tenth-largest publicly traded energy company.

Venture is locked in arbitration with customers, including majors such as Shell, over contracted deliveries from its Calcasieu Pass plant in Louisiana.

President Donald Trump on Monday declared a national energy emergency and issued an executive order overturning the Biden administration’s pause on new LNG export projects, removing a potential obstacle to Venture’s growth.

Trump’s policies, combined with cold winter weather and expected robust demand from artificial intelligence, is helping to drive both natural gas prices and related stocks higher. Cheniere shares, for example, have climbed more than 20% since Trump was elected. Natural gas prices rose 44% over that same time.

This is a breaking news story. Please check back for updates.

Don’t miss these energy insights from CNBC PRO:

Correction: Venture Global’s CEO is Mike Sabel. An earlier version of this story misspelled his name.

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Rivian (RIVN) has several automakers ‘knocking on our door’ for EV tech

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Rivian (RIVN) has several automakers 'knocking on our door' for EV tech

Rivian (RIVN) already has several automakers reaching out about potential supply deals for software and other EV tech. According to Rivian’s Chief Software Officer, Wassym Bensaid, its new partnership with Volkswagen has other OEMs “knocking on our door.”

Will Rivian and VW supply EV tech to other automakers?

After launching “Rivian and VW Group Technology, LLC,” their new software and EV joint venture in November, the collaboration is already showing potential.

Bensaid, who co-leads the new joint venture with VW’s Casten Helbing, said in an interview on Thursday (via Reuters) that the collaboration is in talks with at least a few other automakers over potential supply deals for software and EV architecture.

“I’d say that many other OEMs are knocking on our door,” he said. Although no names or other details were revealed, Bensaid added that “there is demand.”

The software leader explained that Rivian is prioritizing its smaller, more affordable R2 until 2027 while integrating the new tech into upcoming VW, Audi, Porsche, and Scout brand EVs.

Bensaid added that the new JV “today becomes one of the key partners” for other automakers who want to “make a leap from a technological standpoint.”

Rivian-EV-tech-deal
Production at Rivian’s Normal, IL plant (Source: Rivian)

Last week, German news outlet Spiegel reported that VW could expand the partnership with Rivian. Volkswagen CEO Oliver Blume said, “We are thinking about sharing modules and bundling purchasing volumes.”

VW is already planning to invest $5.8 billion, which, according to Rivian CEO RJ Scaringe, is a “meaningful financial opportunity.”

Rivian-EV-tech-deal
Rivian’s next-gen R2, R3, and R3X (Source: Rivian)

Rivian is already using the platform and software stack on its Gen 2 R1S electric SUV and R1T pickup, a drastic upgrade from the previous version. The architecture uses seven electronic control units (ECUs), down from 17 in the Gen 1 models.

The new models also include Rivian’s new in-house autonomy system, the Rivian Autonomy Platform, which consists of 11 cameras, five radars, and other features for added driver assist (ADAS) features.

Rivian-EV-tech-deal
Rivian Gen 1 vs Gen 2 ECUs (Source: Rivian)

At the opening of the new Rivian Space in San Francisco on Thursday, Scaringe said the company plans to roll out hands-free driving this year. It’s expected to be similar to Tesla’s Full-Self Driving (FSD). In 2026, Rivian will launch an “eyes-free” system as it advances new tech and software.

Electrek’s Take

The JV with Volkswagen could be significant for Rivian as it looks to accelerate growth in 2025. After shutting down its Normal, IL manufacturing plant last April for upgrades, Scaringe said the company is already seeing “a meaningful reduction” in material costs.

Rivian’s R2, starting at around $45,000, is expected to open an entire new market. Analysts expect the VW partnership to provide enough funding for the R2 to enter production, which is expected in the first half of 2026.

Last week, Rivian closed its loan agreement with the US Department of Energy (DOE) for up to $6.6 billion in financing for its new manufacturing plant in Georgia. The EV maker has already started hiring construction and management workers, with recruitment “expected to ramp quickly.”

Will Rivian’s EV architecture and software “become the platform of choice in the Western world” aside from Tesla? That’s what Canaccord Genuity analysts said in a note to investors.

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