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Last week, I got the invite from Audi to venture to (normally) sunny Los Angeles and take a spin behind the wheel of its latest EV model – the SQ8 e-tron. Available as a standard quattro and Sportback version, the tri-motor SQ8 takes the previously launched Q8 e-tron and refines it in a number of ways to improve performance… well, everything aside from range, that is.

The Audi SQ8 e-tron arrives as a familiar, yet refreshed spin on the German automaker’s second wave if you will, of all-electric vehicles. The Volkswagen Group sub-brand was one of the early adopters of electrification with the original e-tron SUV back in 2018, followed by the e-tron GT and RS e-tron GT in 2020, the e-tron S and Sportback in 2021, and the Q4 e-tron and Sportback in 2022.

Earlier this year, I flew out to wine country to test drive the Q8 e-tron and Sportback – Audi’s design refresh and rebranding of the original e-tron for the new electric age, in which all future BEVs will be even numbered, while all ICE vehicles will be odd (appropriately so).

While the Q8 e-tron didn’t appear to stray too far from the last variation under the lone e-tron nomenclature, the EV’s platform architecture told a different story. Audi successfully improved its battery and motor design within both the Q8 e-tron SUV and Sportback, utilizing every inch of the EV’s battery modules by stacking their prismatic cells rather than winding them. The result is a battery pack that delivers nearly 20 kWh more gross capacity (114 kWh vs. 95 kWh) – all in the same footprint.

Audi was also able to achieve a range increase around 20%, eclipsing 300 miles on a single charge for the first time. With its next variant, the SQ8 e-tron, Audi has further improved the driving experience of the Q8 e-tron inside and out.

Audi SQ8 e-tron improvements and other specs

The all-electric SQ8 picks up where Audi left off with the Q8 e-tron earlier this year, bringing an even keener focus on aerodynamics. Not to be confused with the e-tron S, or the e-tron S-Line, the SQ8 e-tron saw a completely redone suspension, steering, and integrated control modules 

Features like revamped air curtains and new wheel spoilers that funnel air under the body and around the car to reduce drag on the wheels help deliver improved aero. Audi says it has reduced drag by up to 6% on the SQ8 e-tron.

Other features include dimpled fiberglass on the underbody cover (golf ball principle) and active shutters which were resurrected from the design of the original e-tron. As with other e-tron models, Audi is one of the few automakers that offers 9.6 kW AC charging points on both sides of the vehicle, with an optional upgrade to 19.2 kW. Only the driver’s side has DC capabilities, however.

The 2024 SQ8 e-tron arrives in both a standard and Sportback version – both tri-motor, both Audi quattro design. The specs between the two variants are virtually the same, except the Sportback is half an inch shorter in height and leaves slightly less headroom and cargo space in its interior. Here are some additional specs:

  • Motor: 3x asychronous electric motors
  • Peak Horsepower: 496 hp (370 kW)
  • Torque: 718 lb.-ft. (in Boost Mode) (972 Nm)
  • Battery Size/Type: 114 kWh (gross) / 397V Lithium Ion
  • Max Charging Capacity (AC): 9.6 kW (19.2 kW Optional)
  • Max Charging Capacity (DC): 170 kW
  • Level 2 Charging (9.6 kW – 240V @ 40A): 13 hours
  • Level 2 Charging (19.2 kW – 240V @ 80A): 6.5 hours
  • DC Fast Charging (170 kW): 31 minutes (10-80%)
  • 0-60 mph Acceleration: 4.2 seconds (0-100 km/h – 4.6 seconds)
  • Top Speed: 130 mph (210 km/h)
  • Max Towing Capacity: 4,000 lbs.
  • Curb Weight: 6,118 lbs.
  • EPA Range (20″ wheels): 253 miles
  • EPA Range (22″ wheels): 218 miles

Next, let’s check out some images of the Audi SQ8 e-trons interior before I dig into my drive experience and we talk pricing. Have a look:

Before we got out on the uncharacteristically wet and rainy roads of Malibu last week, Audi’s senior manager of product planning, Anthony Garbis, explained to us how quiet the new SQ8 e-tron is, going as far as saying it’s as quiet or quieter and an A8, which is super insulated. Garbis wasn’t lying.

One of the perks I pointed out during my drive in the Q8 e-tron this past May, was how quiet of a ride it was, but the SQ8 takes it to another level. I took a moment to pause Sirius XM and ride in the silence of the canyons above Los Angeles, hearing nothing but the rain being kicked up by the e-tron’s EV tires from Hankook. I took a video, but it doesn’t do it justice because of the pouring rain, but it’s quiet, trust me.

Because of the rain and several conservative LA drivers on the wet windy roads, I didn’t get as many opportunities to make the tires squeal as I wanted. That said, there were two points in between rainfalls where I found a straightaway and was able to get my SQ8 e-tron (cover your ears Audi) WELL over the speed limit (let’s just leave it at that).

As a sportier version of the Audi Q8 e-tron, the SQ8 did not disappoint on acceleration, although it honestly didn’t drive like a tri-motor EV. It definitely still felt like a dual motor in my opinion. Perhaps if I was able to hit some hairpins a little harder on dry pavement, I could have felt the torque vectoring, but unfortunately, Mother Nature said otherwise that day.

At over 6,100 pounds, the SQ8 e-tron is a sturdy gal, but it drives a lot nimbler. I believe I mentioned in my review of the Q8 e-tron that I hit a couple turns in Napa a little too hard at the start and quickly realized just how large and heavy that SUV is. While the SQ8 is very comparable to the Q8 e-tron, I found it drove a lot smaller than it looks.

The leather handle in the center console pictured above is an excellent touch in my opinion and the perfect place to rest your hand when cruising. The head up display (HUD) was easily visible and showed navigation and the haptic response of the touch screen was welcomed.

My only issue with the UX is that it was too many tap throughs to switch drive modes when I wanted to test out Dynamic Mode and experience the full horsepower and torque vectoring. Especially when driving on winding roads when you need to be paying close attention. There could have been a way to do it from the steering wheel, but I couldn’t seem to find it during all my fiddling around during my drive.

The Audi SQ8 e-tron (blue) and Sportback (red) / Credit: Audi

In my opinion, the Audi SQ8 e-tron is a slightly sportier version of the Q8 e-tron, but with red brake calipers and some unique badging throughout. I hear “tri-motor” and think “Plaid” or “Sapphire,” but that’s not the level of acceleration you’re going to get in this heavy SUV.

Performance-wise, its more than adequate, but the sacrifice to range you have to make for the powertrain performance doesn’t seem worth it to me. I’d rather take the 300 miles on the Q8 e-tron personally. That said, it’s still an Audi through and through. The quality of the design and the interior especially is luxe, everything worked easily and efficiently, and it made for a quiet, smooth, and relaxing ride – even at high speeds. The SUV screams quality and comfort inside and out.

I also absolutely loved the metallic blue exterior color I drove on my SQ8 e-tron and hope consumers will opt for that shade if and when they buy – I wanna see more bright blue cars on roads.

If you are interested in exploring an Audi SQ8 e-tron, the quattro version will begin at an MSRP of $90,995, while the Sportback version starts at $93,795. Note, those prices already include $1,195 in destination fees. The EVs are expected to hit Audi showrooms in Q4 of this year.

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India’s Waaree to double its solar module output at its Texas factory [update]

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India's Waaree to double its solar module output at its Texas factory [update]

India’s Waaree Energies doubled Texas production in April to counter US solar tariffs – now it’s investing hundreds of millions more.

May 15, 2025: Waaree Solar Americas, a wholly owned subsidiary of Waaree Energies, has announced that it will invest an additional $200 million in battery energy storage. This raises Waaree’s total US solar and storage investment to $1.2 billion.

This expansion is expected to create 300 to 500 jobs over the next few years, adding to the 1,500 jobs it already announced.

Dr. Amit Paithankar, whole-time director and CEO of Waaree Energies, said that “our decision to invest was primarily driven by the significant market potential in the energy sector.”

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Despite tariff headwinds, Waaree is doubling down on its US expansion, drawn by the country’s massive energy demand and the surge in AI and data center development, both of which require steady, large-scale power. The company points out that solar is the “cheapest source of power and the fastest to commission,” making it a smart choice for scaling quickly.


April 16, 2025: It’s adding another 1.6 gigawatts (GW) of solar module manufacturing capacity at its Brookshire factory, bringing the site’s total to 3.2 GW. The company didn’t indicate a timescale for when the capacity increase would be complete. The move is part of its strategy to reinforce its “larger strategy of de-risking its global footprint.”

The company first announced it would open the Texas factory in December 2023, its first footprint in the US. Its original plan was to have an initial capacity to manufacture 3 GW of solar modules annually by the end of 2024. 

Waaree plans to invest up to $1 billion to scale its annual solar panel production to 5 GW in Texas by 2027, which would make it one of the largest solar panel factories in the US.

Previous to manufacturing in Texas, the Mumbai-headquartered company, which is India’s largest solar module manufacturer, already supplied Indian-made solar panels to the US. But the US’s new reciprocal tariff on solar modules imported from India is 26%, adding to the existing 14.5% Section 201 tariff, bringing the total to around 40%. 

“At a time when the world is redefining the rules of global trade, we’re not waiting for the dust to settle – we’re building through it. … The strength of our US order book is a testament to the trust we’ve built, and this expansion is a signal – we’re here, we’re growing, and we’re deeply invested in powering America’s energy future,” said Dr. Amit Paithankar, whole-time director and CEO of Waaree Energies.

Read more: Texas just shot its wind + solar boom in the foot on purpose


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Your personalized solar quotes are easy to compare online and you’ll get access to unbiased Energy Advisers to help you every step of the way. Get started here. –trusted affiliate link*

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BYD’s first mini EV was just spotted and it’s about to shake up Japan’s kei car market

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BYD's first mini EV was just spotted and it's about to shake up Japan's kei car market

BYD is about to launch another low-cost electric car, but this one’s a little different. It’s BYD’s first kei car. You know, those tiny vehicles that dominate Japan’s city streets? BYD’s mini EV was just spotted out in public, giving us our first real look at the upcoming kei car.

BYD’s first mini EV was spotted in public

Last week, rumors surfaced that BYD was developing its first kei car, which would compete with top-selling models from Nissan, Honda, Mitsubishi, and other Japanese brands.

Kei cars, or “K-Car,” as they are sometimes called, are a class of ultra-compact vehicles that cannot be longer than 3.4 meters (134″). To put that into perspective, BYD’s smallest EV currently, the Seagull (called the Dolphin Mini overseas), is 3,780 mm (148.8″) long.

The mini vehicles are ideal in Japan because they are so small, making it easy to get around tight city streets. They are also more affordable and efficient than larger vehicles.

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BYD’s mini EV was spotted for the first time during a road test this week by IT Home (via CarNewsChina), revealing a familiar look. You can see it has that boxy, compact look of a typical kei car with sliding side doors.

BYD's-mini-EV-spotted
BYD’s kei car, or mini EV, in camouflage (Source: Sina/ IT Home)

According to reports, BYD is developing a new platform for the model. It will reportedly include a 20 kWh battery, good for 180 km (112 miles) WLTC range. By using its in-house Blade LFP batteries, BYD is expected to have a cost advantage.

Nissan-affordable-EVs
Nissan Sakura mini EV (Source: Nissan)

BYD’s upcoming mini EV is expected to start at around 2.5 million yen, or about $18,000. That’s about the same as the Nissan Sakura (2.59 million yen), Japan’s best-selling EV last year.

Last year, around 1.55 million kei cars were sold in Japan, accounting for roughly 40% of new vehicle sales. Honda’s N-Box was the top-selling kei car (EV or gas) for the third straight year.

BYD-mini-EV
BYD Dolphin Mini (Seagull) testing in Brazil (Source: BYD)

As Nikkei reported, some are already calling BYD’s electric kei car “a huge threat.” A Suzuki dealer said, “Young people do not have a negative view of BYD. It would be a huge threat if the company launches cheap models in Japan.”

BYD already sells several electric cars in Japan, including the Atto 3 SUV, Dolphin, and Seal. Last month, the company launched the new Sealion 7 midsize electric SUV, starting at 4.95 million yen ($34,500).

Source: Sina, CarNewsChina

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The U.S. has struggled for crypto clarity. Canada may have the answer

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The U.S. has struggled for crypto clarity. Canada may have the answer

PayPal crypto chief discusses adoption of its native stablecoin

TORONTO — Canada has quietly become a global leader in digital assets.

Canada was among the first countries to enact rules for crypto, starting with anti-money laundering guidelines in 2014. The country has repeatedly evolved its regulatory guidance in recent years, while U.S. lawmakers remain stuck in gridlock — even with a pro-crypto White House and a Republican-controlled Congress.

That regulatory clarity has made Toronto a launchpad for blockchain growth, and Wall Street is taking notice.

Robinhood‘s recent acquisition of Canadian crypto firm WonderFi, owner of Bitbuy and Coinsquare, plugs it into Canada’s established user base.

“Canada is a very attractive market for us,” said Johann Kerbrat, Robinhood’s crypto chief. “It’s projected to be more than 30 million users using crypto here in Canada, with revenue projections of about $900 million in 2025.”

The company’s decision to spend just under $180 million to buy WonderFi, which has one of the longest-standing crypto licenses in the country, is a direct bet on that growth.

Galaxy Digital, the digital asset investing giant founded by Mike Novogratz, is headquartered in New York but listed in Canada because it couldn’t go public in the United States. After being among the first to launch spot bitcoin ETFs in the U.S., Galaxy will finally debut on the Nasdaq on Friday.

DeFi Technologies, a Canadian player focused on being the Strategy of Solana, is also planning a U.S. listing.

“A lot of companies have started on the Toronto Stock Exchange and are trying to uplist into the Nasdaq,” said Ondo Finance CEO Nathan Allman. “I think we’re going to see more of that.”

At Consensus 2025 in Toronto, one of the world’s largest crypto conferences, JPMorgan, Ondo, and Chainlink announced a $100 billion bet on blockchain with a new platform to tokenize real-world assets.

The two firms say the new offering allows treasuries to be tokenized and settled using blockchain, combining JPMorgan’s Kinexys Digital Payments network with Ondo’s blockchain infrastructure.

“It’s really the first time that there’s been this interoperability between a bank’s permissioned blockchain environment and a public blockchain,” Allman said.

Crypto dealmaking has shown signs of life in recent months, as the United States has shifted its regulatory approach under President Donald Trump.

The Federal Deposit Insurance Corporation and Federal Reserve have eased restrictions on banks handling crypto, rolling back prior guidance that required pre-approval for digital asset activities.

The Securities and Exchange Commission has also taken a significant step by rescinding its restrictive accounting bulletin, which had forced companies holding crypto assets for clients to record them as liabilities. The new approach aligns crypto custody with traditional financial instruments.

At the same time, the SEC has launched a new Crypto Task Force, inviting public input on how to better regulate digital assets.

Read more about tech and crypto from CNBC Pro

“They want large enterprises like Citi to have a seat at the table,” said Ryan Rugg, global head of digital assets for Citi’s Treasury and Trade Solutions division. “They’re asking for our opinion, where I think in the past, it was not quite the case.”

The booking of Eric Trump, the president’s son and a leader of the newly-formed American Bitcoin, as a headline speaker, highlighted the growing presence of the U.S. in the crypto arena. The firm made waves when it launched in March, and already intends to go public through a merger with Gryphon Digital Mining.

“It’s important to remember: Most countries are totally neutral on blockchain,” said Dan Morehead, CEO of Pantera Capital. “The U.S. had a fairly antagonistic stance on blockchain which made it difficult for companies to get bank accounts, made it difficult for companies to go public.”

He said he believes many companies that would have gone public a few years ago will hit U.S. markets in the next six months.

“There’s obviously tremendous appetite in the public markets,” he said.

Israel-based crypto and stock trading platform eToro went public on Wednesday after pricing above its expected range. Shares soared nearly 29% on its first trading day.

The advancements in the U.S. aren’t without setbacks. A first-of-its-kind stablecoin regulation bill failed to advance in the Senate after Democratic lawmakers raised concerns about national security, while others expressed concerns about the president’s ties to crypto.

Still, the payment giants are charging ahead.

Mastercard announced Thursday that it’s partnering with Moonpay to let customers use debit cards to transact using their stablecoin balances.

PayPal announced Wednesday that it’s partnering with artificial intelligence platform Perplexity to enable chat-powered shopping. PayPal’s senior vice president of blockchain, crypto, and digital currencies told CNBC at Consensus 2025 that he sees a future where customers could transact in AI chats with their PayPal stablecoins or other crypto holdings.

“We are trying to make sure that PayPal and Venmo are the gateway product to get more people into crypto,” said Jose Fernandez da Ponte, PayPal’s senior vice president of blockchain, crypto, and digital currencies. “A lot of people get into crypto through us, and that leads us to continue to add tokens.”

While PayPal leans on accessibility and payments, Robinhood is doubling down on tokenization and staking to capture both retail and institutional users.

“This debate here in the U.S. is really important — it shows that we want to embrace the technology instead of just regulating it and turning it off like it was before,” Kerbrat said, describing his appearance at an SEC roundtable under new chair Paul Atkins.

The company sees blockchain technology as a way to transform everything from stocks to private equity markets and real estate into digital tokens that can be traded instantly.

“We think at Robinhood that it is actually the future, and we can bring a lot more traditional assets on-chain using tokenization,” Kerbrat added.

WATCH: Crypto and stock trading app eToro shares soar in Nasdaq debut: CNBC Crypto World

Crypto and stock trading app eToro shares soar in Nasdaq debut: CNBC Crypto World

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