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The first images of Volvo’s EM90 electric minivan have emerged online ahead of its official debut next month. From the first look, this Volvo looks like nothing the brand has launched so far.

Volvo has been teasing us for several months with an all-electric multi-purpose vehicle, or minivan, if you will.

We knew Volvo was working on one since January after Qin Peiji, president of Volvo Cars China, revealed the plans during a presentation.

The Swedish automaker’s all-electric lineup has grown over the past several months. Joining the XC40 and C40 Recharge, Volvo released its flagship EX90 SUV and smaller EX30 earlier this year.

We are finally getting our first look at Volvo’s electric minivan, the EM90, due for its official debut next month.

Images of the Volvo EM90 were released by the Chinese Ministry of Industry and Information Technology (MIIT) this week. On the surface, the EM90 is unique from previous releases we’ve seen from the Swedish brand this year.

Volvo-first-electric-minivan
Volvo teases first electric minivan (Source: Volvo)

First images of the Volvo EM90 electric minivan emerge

Based on the ZEEKR 009 MPV, Volvo’s EM90 is nearly identical. The electric minivan will ride on the same SEA platform from the parent company Geely used to power the Polestar 4.

Geely owns ZEEKR, Volvo, Polestar, and more, so sharing components is not out of the norm. Volvo’s EM90 will also use an electric motor from Geely’s subsidiary Viridi E-Mobility. It will use a ternary lithium-ion battery from Geely’s joint venture with CATL, Sichuan Power Battery Power Co.

Sharing the same platform as ZEEKR 009, Volvo’s electric minivan pulls many of the same features. Although it has similar details to the EM90, Volvo still included its new design language.

You can see the “Thor hammer” headlights, a new signature that will be introduced in its upcoming electric SUVs.

The front grille is much more minimalist, more in line with what you would expect from the Swedish automaker. It will also include a new rear light design and an illuminated Volvo badge up front.

Volvo-EM90-images

At 205″ (5,206 mm) long, 80″ (2,024 mm) wide, and 72″ (1,859 mm) tall, the EM90 will compete with the Mercedes EQV.

Volvo’s electric minivan will be powered by a single rear electric motor with 272 hp, although the brand will likely offer a 4WD variant.

The ZEEKR 009 is offered in two versions. Buyers can choose from a 116 kWh battery pack with 436 miles (700 km) range or a 140 kWh battery with up to 510 miles (822 km) range.

Volvo-first-electric-minivan
ZEEKR 009 electric minivan (Source: ZEEKR)

The EM90 is “designed to make the most of the time spent in the car,” according to Volvo. The brand describes it as “a Scandinavian living room on the move.”

You can expect Volvo to load its first electric minivan (and non-SUV since 2019) with its advanced safety and tech features.

We’ll learn more about the Volvo EM90 on November 12, when the electric minivan makes its global debut. Pre-orders are expected to begin the same day for customers in China.

Electrek’s Take

Although it’s not my favorite-looking electric Volvo, the EM90 will serve a purpose. Volvo is branching into different segments as it looks to become a leader in the EV era.

This summer, the brand released its smallest and cheapest SUV, the EX30. Despite its compact size, Volvo expects big results with a $35,000 starting price. Although the EM90 will not likely make the trip overseas to the US, the EX30 and EX90 are.

The EX30 and EX90 are expected to begin rolling out in the US in the first half of next year. Volvo’s sales soared 631% in the US in September as it looks to build momentum into next year.

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Isuzu’s first electric pickup is here and it’s a beast: Meet the new D-MAX EV

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Isuzu's first electric pickup is here and it's a beast: Meet the new D-MAX EV

A fully electric Isuzu pickup truck? That’s right. The D-MAX EV is Isuzu’s first electric pickup, and it will be rolling in the next few months. After kicking off mass production, Isuzu said the new EV pickup will “match the performance of existing diesel models,” boasting high towing capacity and payload.

Isuzu’s first electric pickup is launching in 2025

Isuzu announced on Tuesday that the D-MAX EV has officially entered mass production. The company has started building left-hand drive models, which will be shipped to Europe in the third quarter of 2025.

By the end of the year, production of right-hand drive models will begin for the UK, with sales expected to start in 2026.

The electric pickup is nearly identical to Isuzu’s popular gas-powered D-MAX, but swaps the diesel powertrain for a pair of electric motors. The D-MAX EV features new e-Axles, one on the front and the other at the rear, for a full-time 4WD system.

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The dual-motor powertrain enables it to match the performance of existing diesel models, with a combined 188 hp (140 kW) and a maximum torque of 240 lb-ft (325 Nm).

It can also tow over 7,700 lbs (3,500 kg) with a maximum payload of over 2,200 lbs (1,010 kg). That’s about the same as the D-MAX diesel, which has a 3,500 kg towing capacity and a payload capacity of up to 1,200 kg.

Powered by a 66.9 kWh battery, Isuzu’s first electric pickup boasts a driving range of up to 263 km (162 miles) on the WLTP. In the city, it can have a driving range of up to 224 miles (361 km).

Isuzu D-Max EV specs
Drive System Full-time 4×4
Battery Type Lithium-ion
Battery Capacity 66.9 kWh
Max Output 130 kW (174 hp)
Max Torque 325 Nm
Max Speed Over 130 km/h (+80 mph)
Max Payload 1,000 kg (+2,200 lbs)
Max Towing Capacity 3.5t (+7,700 lbs)
Isuzu D-Max EV electric pickup specs

Built for on and off-road performance, the rugged electric pickup features over 8″ (210 mm) of ground clearance with a wading depth of nearly 24″ (600 mm).

Although prices have not been announced, the D-MAX EV is expected to start slightly higher than the diesel model, which has a base price of around € 36,500 ($41,600).

Isuzu’s popular D-MAX is sold in over 100 countries, including Europe, Asia, the Middle East, and Central and South America. The electric version will arrive in Europe in the next few months, followed by the UK and other regions in 2026.

The electric D-MAX will compete with the Toyota Hilux, Ford Ranger, and other electric pickups, such as Geely’s Radar R6, BYD’s Shark, and Ford’s F-150 Lightning.

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Tesla insider buys stock for the first time in years and it’s hilarious

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Tesla insider buys stock for the first time in years and it's hilarious

For the first time in five years, a Tesla insider required to report Tesla stock transactions bought stocks rather than selling them.

But the transaction is so small that it makes the whole situation hilarious.

Insiders in public companies are top executives and board members who are required to report to the SEC any transaction related to the company’s stock.

For Tesla, it has become a running joke that insiders only sell, never buy the stock.

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This has been true without exception for years.

We don’t know as much about executives as Tesla has a very short top executive bench who are required to file transactions. However, when it comes to its board members, they have been selling at an impressive rate.

We recently reported on Kimball Musk, Elon’s brother, and Tesla’s Chief Financial Officer Taneja Vaibhav recently selling ahead of a recent drop in the company’s stock price.

Tesla’s chairwoman, Robyn Denholm, also sold $33 million worth of Tesla shares in February and over $100 million in the 3 months prior.

However, we now have confirmation that a Tesla board member is buying, rather than selling.

Joe Gebbia, the Airbnb co-founder who joined Tesla’s board in 2022, confirmed that he bought 4,000 shares in Tesla last week worth about $1 million:

Electrek’s Take

Gebbia is estimated to be worth over $7 billion. Therefore, his purchase of $1 million worth of Tesla stock would be equivalent to my buying a fractional share in Tesla.

Furthermore, the disclosure confirmed that despite being on the board for the last 3 years, Gebbia owned only 111 shares in Tesla before the transaction.

That’s quite the show of confidence in Tesla.

Thie whole situation with the board is disappointing. Tesla’s core business is melting. The company reported its worst quarter in years last week, and the stock surged 20%.

None of it makes any sense.

The board is sitting on its hands while the most powerful force accelerating the advent of electric transport is being destroyed in favor of nonsensical predictions about the potential of solving self-driving and humanoid robots.

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Venmo revenue grows 20%, with debit card payment volume soaring

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Venmo revenue grows 20%, with debit card payment volume soaring

Justin Sullivan | Getty Images

Venmo, long a centerpiece of PayPal‘s growth story but often criticized for its lack of monetization, is becoming a bigger contributor to the business.

PayPal said Tuesday in its first-quarter earnings release that revenue at Venmo increased 20% year-over-year in the first quarter, though the company didn’t provide a dollar figure. PayPal acquired Venmo in 2013 through the acquisition of parent company Braintree.

While it’s long been a popular consumer service for sending money to friends, Venmo’s ability to drive meaningful revenue has been a major question mark for investors, especially as competition from rivals like Zelle and Square Cash has intensified.

Venmo’s total payment volume rose 10% from a year earlier, but revenue grew twice as fast, reflecting the business opportunity. Venmo only gets revenue from specific products like Pay with Venmo at online checkout, Venmo debit cards, and instant transfers, but not from peer-to-peer payments.

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Ahead of the earnings report, Jefferies analysts noted that Venmo revenue growth appeared to be “accelerating sharply” and flagged its rising contribution to branded checkout as a key area to watch. Compass Point analysts similarly said that while competition from Zelle and Square Cash remains fierce, Venmo’s traction with debit cards and online checkout could “open up new monetization avenues” if adoption trends continue.

The company added nearly 2 million first-time PayPal and Venmo debit card users during the quarter, and total debit card payment volume across PayPal and Venmo climbed more than 60%. Meanwhile, Pay with Venmo transaction volume surged 50% year over year, and Venmo debit card monthly active users grew about 40%.

PayPal reported better-than-expected earnings for the quarter but missed on revenue. The company reaffirmed its full-year guidance, citing macroeconomic uncertainty.

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PayPal CEO Alex Chriss: Huge opportunity to deliver to consumers and help small business

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