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Volvo’s first electric minivan will be revealed in less than two weeks. Ahead of its debut, Volvo is giving us our first glimpse of the EM90’s “Scandinavian living room” interior, designed to make the most of time spent in the car.

Volvo has been teasing the EM90, its first all-electric minivan, for several months. It started with a video clip showing a lounge-like area as the camera zooms out to reveal the EM90’s boxy exterior.

A few weeks ago, the first images of the Volvo EM90’s exterior surfaced online, revealing the electric minivan in full. The images, published by China’s MIIT, revealed a Volvo EV unique from what we have seen so far.

Based on the ZEEKR 009, the Volvo EM90 shares many of the same design features. Volvo’s electric minivan will use parent company Geely’s SEA platform, the same used for the Polestar 4.

Although they share the same platform, Volvo included several new design features. Up front, you can see its unique signature “Thor hammer” LED headlights, which will debut on new electric SUVs.

Volvo-EM90-images
Volvo EM90 electric minivan (Source: China MIIT)

It will also wear an illuminated Volvo badge. Meanwhile, the boxy rear features a new light strip. Compared to the ZEEKR, the EM90 features a simpler front grille, more of what you would expect from Volvo.

According to the filing, the EM90 will be 205″ (5,206 mm) long, 80″ (2,024 mm) wide, and 72″ (1,859 mm) tall, slightly bigger than the Mercedes EQV.

The electric minivan will be offered with a 272 hp rear electric motor, though a four-wheel drive option is likely. ZEEKR’s 009 is offered with either a 116 kWh battery pack with up to 436 miles (700 km) of CLTC range or a 140 kWh that can travel up to 510 miles (822).

Volvo teases EM90’s ‘Scandinavian living room’ interior

In its latest tease, Volvo gave us our first look at the EM90’s promised “Scandinavian living room” interior.

Volvo previously said it designed the EM90 to “make the most of the time spent in the car” rather than be a means of getting from point A to point B.

The EM90 has the most spacious and flexible interior of anything it’s ever offered, according to Volvo. The interior is a “premium 6-seater that provides everyone with their own zone and space.”

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Volvo teases first images of EM90’s interior (Source: Volvo Cars)

This includes personalized entertainment, an “elegant touchscreen,” and comfort settings. Volvo says various options can be controlled through the armrest.

Second-row passengers will be treated with “all the amenities they could wish for.” Volvo included features such as massaging seats, individual heating and ventilation, and built-in tables and cupholders to make the EM90 suitable for work or pleasure.

Sophie Li, head of design at Volvo Design Studio in Shanghai, explained:

In creating the EM90 interior, we focused on a car that works just as well when you’re on the move for work as when you travel with your family. This was an exciting assignment for the entire design team.

The second-row lounge seats will also feature zero-gravity cushions. Meanwhile, third-row seating can be easily accessed by sliding the rear doors and second-row seats.

Volvo-first-EM90's-interior
Volvo teases first images of EM90’s interior (Source: Volvo Cars)

To provide a “genuine Scandinavian mood,” the panoramic sunroof covers the entire cabin. It also includes a curtain and several ambient light settings to fit any mood.

Li added:

Whichever interior room you choose, you can be sure that you’ll travel inside a premium, stylish and calming interior that reflects modern Volvo Cars design.

Volvo included genuine Scandinavian design details throughout the interior. Features like Orrefors crystal used in the gear shifter to back-lit wood panels on the dash, doors, and back of front row seats give it the true Volvo feel.

Volvo-first-EM90's-interior
(Source: Volvo Cars)

The upholstery and patterns are inspired by a blend of Scandinavian nature and Asian art. For example, the seat upholstery patterns are inspired by mountain ranges.

Volvo’s EM90 is set to make its official debut on November 12. Pre-orders will start for customers in China on the same day. Check back for more details as we approach the launch date.

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Uber plans to offer self-driving rides in Texas with May Mobility this year

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Uber plans to offer self-driving rides in Texas with May Mobility this year

Uber announced that it will offer self-driving rides powered by May Mobility on its app in Texas later this year.

The ride-hailing platform will have both Waymo and May Mobility on its platform in Texas, while Tesla plans to compete with them all in Austin soon.

Tesla is grabbing a lot of headlines with its plan to offer self-driving ride-hailing rides in Austin starting this June, but Waymo has already been providing the same in Austin on Uber’s platform for months and now a new competitor is coming to Texas.

Michidan’s May Mobility has been somewhat under the radar in the autonomous driving space, but it has been around for almost a decade and has received large funding from Toyota, BMW, and several insurance companies.

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Yesterday, they announced a significant step: deploying thousands of vehicles on Uber’s platform within the next few years.

They plan to launch the first vehicles as soon as this year in Arlington, Texas:

Uber Technologies, Inc. (NYSE: UBER) and May Mobility, Inc., a leading autonomous vehicle (AV) technology company, today announced a new multi-year strategic partnership. May Mobility aims to deploy thousands of AVs on the Uber platform over the next few years, with an initial launch planned for Arlington, Texas, by the end of 2025. The partnership highlights both companies’ shared ambition to quickly scale AV use in ride-hail, broadening access to AVs across diverse markets and driving greater consumer choice.

May Mobility uses hybrid Toyota Sienna vans outfitted with its own sensor suite, and it has been launching test programs in Arlington since 2021, so it’s very familiar with the locale.

Dara Khosrowshahi, CEO of Uber, commented on the news:

“We are thrilled to be partnering with May Mobility to continue to scale the availability of autonomous vehicles across the United States. At Uber, we’re building the future of transportation, working with the world’s leading autonomous vehicle developers like May Mobility to help commercialize and deploy this technology quickly at scale around the world.”

Edwin Olson, CEO and co-founder of May Mobility, added:

“Launching on the Uber platform is a big signal to the market that May Mobility is ready to quickly expand to major markets as the pre-eminent autonomy-as-a-service provider. Uber and May Mobility will make it possible for more people across the U.S. to enjoy the transformative benefits of autonomous vehicles.”

If this project goes through, it means Uber is going to be offering driverless rides from both Waymo and May Mobility in Texas by the end of the year.

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Block plunges 20% as Cash App miss triggers downgrades

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Block plunges 20% as Cash App miss triggers downgrades

Block shares plunge on revenue miss, slashed guidance

Block shares were on track for their second-worst day Friday, plunging more than 20% as investors digested a brutal quarterly report and a wave of analyst downgrades centered on one issue: Cash App.

The first-quarter earnings miss rattled Wall Street, prompting multiple firms — including Wells Fargo, Seaport, BMO, and Benchmark — to downgrade the stock overnight. Many flagged fresh concerns around stagnant Cash App user growth, muted consumer demand, and a soft macro environment that may weigh on monetization.

“Stagnation in the number of active users of the app is even more concerning than users’ reduced spending,” Benchmark wrote in its note, downgrading Block to Hold.

The financial services company missed across the board — on revenue, gross profit, and payment volume — and slashed its full-year guidance, citing macro uncertainty, weaker consumer spending, and lower-than-expected inflows during what’s typically a strong tax refund season.

“I just don’t think we were focused enough and had enough attention on the network and the network density, and that is our foundation,” CEO Jack Dorsey said on the earnings call. “We of course want to deepen engagement with our customers through banking services and Borrow, and I have no doubt we will … but at the same time, we need to make sure that we continuously grow our network, and that starts with peer to peer.”

Cash App generated $1.38 billion in gross profit in the first quarter, up 10% from a year earlier, but shy of the $1.42 billion StreetAccount consensus. Monthly actives remained flat at 57 million — and inflows rose just 8%, despite new features like Afterpay on the Cash Card and broader efforts to position Cash App as a full-fledged banking alternative.

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Wells Fargo called out “numerous Cash App monetization red flags,” while Seaport pointed to several consecutive quarters of negative GPV growth. Even Morgan Stanley, which reiterated its Overweight rating, called the Cash App miss “surprising” — though it highlighted better-than-expected momentum in the Square seller business, particularly in international markets.

BMO downgraded the stock to Market Perform. Wells Fargo said it’s unwilling to “lay out for the second half Hail Mary,” moving to Equal Weight. Seaport downgraded to Neutral, writing: “Will the real Jack Dorsey please stand up?”

Still, some maintained optimism, with Bank of America reiterating its Buy rating, calling the stock undervalued, and Morgan Stanley saying it was an attractive near-term entry point.

Block’s turnaround plan hinges on lending. The company says Cash App Borrow — now approved by the FDIC to originate loans through its bank subsidiary — will double the number of eligible users and improve margins by bringing servicing in-house.

Marketing spend is also expected to jump 50% in Q2 as Block looks to reaccelerate growth in the back half of the year.

“We are not sufficiently confident in the likelihood of such a rebound to recommend buying the stock on weakness,” Benchmark wrote.

Meanwhile, rival Venmo is showing signs of momentum.

Parent company PayPal reported a 20% revenue jump for the app in Q1, driven by increased adoption of Venmo’s debit card, instant transfers, and growing volume at checkout. While PayPal didn’t disclose an exact revenue figure for Venmo, it said monetization per user is improving — the result of a clear push to embed Venmo deeper into e-commerce flows.

Two very different strategies are now unfolding: Cash App is leaning deeper into lending and banking, while Venmo is chasing spend at checkout. But the goal, however, is the same: Owning the consumer’s wallet.

Right now, Venmo appears to be gaining ground, while Cash App is regrouping.

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What to watch from Block ahead of earnings

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Hyundai’s new electric SUV is here: IONIQ 9 prices start at $60,555 with 335 miles range

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Hyundai's new electric SUV is here: IONIQ 9 prices start at ,555 with 335 miles range

Hyundai’s first three-row electric SUV will arrive at US dealerships any day now. The 2026 Hyundai IONIQ 9 is an impressive SUV with up to 335 miles of driving range, fast charging capabilities, room for seven, and prices start at just $60,555.

Hyundai reveals 2026 IONIQ 9 prices and specs

After the first IONIQ 9 models rolled off the assembly line at Hyundai’s new manufacturing plant in Georgia in early March, the electric SUV is finally about to reach dealerships.

Hyundai revealed prices and specs for the 2026 IONIQ 9 on Friday as it gears up for deliveries. The three-row electric SUV starts at just $58,955. Including a $1,600 freight charge, the entry-level 2026 IONIQ 9 RWD S model costs $60,555, and that’s with a range of up to 335 miles.

Upgrading to the AWD SE model with 303 horsepower and 320 miles range will cost $64,365, including destination.

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The 2026 IONIQ 9 AWD Performance Limited, with 422 horsepower, 21″ wheels, and 311 miles range, starts at $72,850, including the destination charge.

For the range-topping Hyundai IONIQ 9 AWD Performance Calligraphy Design trim, which gets added Matte paint, 21″ wheels, and 311 miles driving range, prices start at $78,090.

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2026 Hyundai IONIQ 9 (Source: Hyundai)

Hyundai’s first three-row electric SUV is also one of the first non-Tesla vehicles sold with a native NACS port for charging at Tesla Superchargers. Using a 350 kW DC fast charger, the IONIQ 9 can charge from 10% to 80% in as little as 24 minutes.

The IONIQ 9 is 5,060 mm (199.2″) long, 1,980 mm (78″) wide, and 1,790 mm (70.5″) tall, or slightly bigger than the Kia EV9.

Inside, the “lounge-like” interior provides up to 1,322 liters of cargo space, topping Kia’s three-row EV9, which has up to 1,233 liters.

All IONIQ 9 models sold in the US are built in Georgia, alongside the updated IONIQ 5, and are eligible for the full $7,500 federal tax credit. Hyundai said 2026 IONIQ 9 models will begin arriving at dealerships by early May.

2026 Hyundai IONIQ 9 Model EV Powertrain Drivetrain Driving
Range
(miles)
Starting Price
(including destination fee)
IONIQ 9 RWD S 160-kW (215-HP)
Electric Motor
Rear-
Wheel
Drive
335 $60,555
IONIQ 9 AWD SE 226.1 kW (303-HP)
Dual Electric Motors
All-Wheel
Drive
320 $64,365
IONIQ 9 AWD SEL 226.1-kW (303-HP)
Dual Electric Motors
All-Wheel
Drive
320 $67,920
IONIQ 9 AWD 
PERFORMANCE LIMITED
314.6-kW (422-HP)
Dual Electric Motors
All-Wheel
Drive
311 $72,850
IONIQ 9 AWD
PERFORMANCE
CALLIGRAPHY
314.6-kW (422-HP)
Dual Electric Motors
All-Wheel
Drive
311 $76,590
IONIQ 9 AWD
PERFORMANCE
CALLIGRAPHY DESIGN
314.6-kW (422-HP)
Dual Electric Motors
All-Wheel
Drive
311 $78,090
2026 Hyundai IONIQ 9 prices and driving range by trim (*including a $1,600 destination fee)

For those interested, Hyundai is offering a free ChargePoint Home Flex Level 2 charger with the purchase or lease of any new 2026 IONIQ 9. If you already have a home charger, you can opt for a $400 charging credit.

If you’re looking for something a little smaller (and cheaper), the 2025 Hyundai IONIQ 5 is one of the best EV deals right now, with leases starting at just $209 per month. You can use our link to find 2025 Hyundai IONIQ 5 models at a dealer near you.

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