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Tesla has just delivered the first Cybertrucks, and with them comes a feature that we’ve been waiting for for a while: bidirectional charging.

Tesla has talked a bit about bidirectional charging in the past, but always seemed a little wishy-washy about bringing it to market. In its Investor Day presentation in March, Tesla VP Drew Baglino stated that the company could have bidirectional charging in two years, but CEO Elon Musk immediately threw some cold water on that statement, saying  “I don’t think very many people are going to want to use bidirectional charging, unless you have a Powerwall, because if you unplug your car, your house goes dark, and this is extremely inconvenient.”

Now, nine months after that event, Tesla has released a vehicle that has bidirectional charging equipped – and its branding suggests that more vehicles will have the same capability in the future.

Tesla’s Cybertruck delivery event today was pretty light on details, and we’ve had to comb over the website to find out any sort of specs. And in the website we noticed one new feature that was completely absent from the presentation: Powershare.

Powershare is, apparently, Tesla’s new bidirectional charging feature which seems to include vehicle-to-load, vehicle-to-home, vehicle-to-vehicle capabilities (V2L, V2H and V2V).

V2L refers to a vehicle’s capability to power equipment – in this case, through five outlets – 2 x 120V 20A in the bed and cabin each, and 1 x 240 40A outlet in the bed. This can be used for work equipment, or for camping or other mobile power necessities (emergency response, for example).

We already learned that Cybertruck would be capable of some bidirectional charging features when specs leaked earlier this month. Those specs suggested to us that it would have ~12kW output capability, but today Tesla confirms that the Cybertruck has 9.6kW worth of continuous power combined through five outlets in the vehicle. By way of comparison, the F-150 Lightning has more outlets, but the same total 9.6kW maximum draw with the upgraded Pro Power Onboard package (and 2.4kW without).

But Cybertruck does have 11.5kW output capability from its V2H system, which allows it to power a home in the event of a power outage or grid instability.

The Lightning can also power a home, but that requires an additional $3,900 unit, plus installation costs. Tesla’s solution is no different – in order to power your home you will need additional equipment, seemingly in the form of Tesla’s Universal Wall Connector ($595) and Gateway ($1,800) products, and optionally Tesla’s Backup Switch (though this may depend on your utility).

But the big difference here is the existence of the Tesla Powerwall, and Tesla says that homes with Powerwall and Tesla’s Wall Connector installed will be ready to use Powershare without additional equipment (although it refers to alternately its Wall Connector and Universal Wall Connector, so we’re not sure which one is compatible, or both, or whether you need one made after a certain year, or what).

This is actually a huge deal, because Tesla already has an installed base of Powerwall users who can plug in without having to change anything in their homes. Lightning users might be hesitant to spend another $4,000+ just to make their home more resistant to power outages, but Powerwall owners have already spent (significantly more than that) on a solution that works with the bidirectional charging capability on the car.

So this would, essentially, turn a Powerwall with its 13.5kWh worth of storage into one with 100+kWh of storage (or whatever the size of the Cybertruck’s battery is – even after first deliveries, we still don’t know for sure).

Tesla says that Powershare can power a home for “over three days,” assuming the home uses an average of 30kWh per day (my home, for reference, uses 10kWh per day). This works out to a Cybertruck battery capacity of over 90kWh, but less than 120kWh.

The Cybertruck also has a higher continuous output capability than the Powerwall, with Cybertruck at 11.5kW and the Powerwall at 5kW.

So this could be big for V2H, because previously it has been more of a niche application. Tesla, having a market already built of houses that are V2H-capable, might see much higher usage of this capability.

Tesla also says that Powershare will be capable of V2V, or using the Cybertruck’s battery to charge another electric vehicle. We’ve seen something like this with the Lightning, where Ford cheekily released an adapter letting its Lightning charge up Teslas that need some juice. And with a NEMA 14-50 plug in the back, which is somewhat of a “standard” for EV charging, this should be something that a lot of cars already have an adapter for – including anyone with the Tesla Mobile Connector kit which used to come with every Tesla vehicle.

As of now, Powershare is only available on the Cybertruck, but the fact that Tesla has branded it with its own name suggests that it will be available on other vehicles in the future. Tesla’s website says it’s “currently” available for Cybertruck only, but doesn’t mention a timeline beyond that.

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Two charged in $650 million global crypto scam that promised 300% returns

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Two charged in 0 million global crypto scam that promised 300% returns

A U.S. Justice Department logo or seal showing Justice Department headquarters, known as “Main Justice,” is seen behind the podium in the Department’s headquarters briefing room before a news conference with the Attorney General in Washington, January 24, 2023.

Kevin Lamarque | Reuters

Federal prosecutors have charged two men in connection with a sprawling cryptocurrency investment scheme that defrauded victims out of more than $650 million.

The indictment, unsealed in the District of Puerto Rico, accuses Michael Shannon Sims, 48, of Georgia and Florida, and Juan Carlos Reynoso, 57, of New Jersey and Florida, of operating and promoting OmegaPro, an international crypto multi-level marketing scheme that promised investors 300% returns over 16 months through foreign exchange trading.

“This case exposes the ruthless reality of modern financial crime,” said the Internal Revenue Service’s Chief of Criminal Investigations Guy Ficco. “OmegaPro promised financial freedom but delivered financial ruin.”

From 2019 to 2023, Sims, Reynoso and their co-conspirators allegedly lured thousands of victims worldwide to purchase “investment packages” using cryptocurrency, falsely claiming the funds would be safely managed by elite forex traders, the Department of Justice said.

Prosecutors said the pair flaunted their wealth through social media and extravagant events — including projecting the OmegaPro logo onto the Burj Khalifa, Dubai’s tallest building — to convince investors the operation was legitimate.

A video posted to the company’s LinkedIn page shows guests in evening attire posing for photos and watching the spectacle in Dubai.

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In reality, authorities allege, OmegaPro was a pyramid-style fraud.

When the company later claimed it had suffered a hack, the defendants told victims they had transferred their funds to a new platform called Broker Group, the DOJ said. Users were never able to withdraw their money from either platform.

The two men face charges of conspiracy to commit wire fraud and conspiracy to commit money laundering, each carrying a maximum sentence of 20 years in prison.

The Justice Department, FBI, IRS-Criminal Investigation, and Homeland Security Investigations led the multiagency investigation, with help from international partners.

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Tesla forced to refund $10,000 FSD payment and 0% interest on Cybertruck

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Tesla forced to refund ,000 FSD payment and 0% interest on Cybertruck

Tesla is starting to experience some consequences for misleading Full Self Driving customers – at least that’s the finding of one arbitration ruling that has Tesla refunding one customer $10,000 plus legal fees for failing to deliver on their promises. Find out more on today’s legally challenging episode of Quick Charge!

An arbitration “court” found that Tesla misled customers with its Full Self Driving product, and has now been forced to refund at least one person’s $10,000 payment (plus legal fees) for the not-quite autonomous driving software. France, too, is piling on claims of deceptive business practices – but there’s some good news for FSD fans! If you’re still willing to pay for it, Tesla will thrown in 0% financing on a brand new Cybertruck.

Check out the relevant links, below, to learn more.

Prefer listening to your podcasts? Audio-only versions of Quick Charge are now available on Apple PodcastsSpotifyTuneIn, and our RSS feed for Overcast and other podcast players.

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New episodes of Quick Charge are recorded, usually, Monday through Thursday (and sometimes Sunday). We’ll be posting bonus audio content from time to time as well, so be sure to follow and subscribe so you don’t miss a minute of Electrek’s high-voltage daily news.

Got news? Let us know!
Drop us a line at tips@electrek.co. You can also rate us on Apple Podcasts and Spotify, or recommend us in Overcast to help more people discover the show.


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This $15,000 Toyota EV is selling faster than expected

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This ,000 Toyota EV is selling faster than expected

Toyota’s new electric SUV is a surprise hit in China. Starting at just $15,000, the Toyota bZ3X is already the top-selling joint venture brand EV.

The $15,000 Toyota bZ3X is the top-selling foreign EV

After launching the bZ3X in March, Toyota’s joint venture, GAC Toyota, claimed that orders were “so popular that the server crashed.” It apparently secured over 10,000 orders in the first hour.

In its second month on the market, the bZ3X was the top-selling foreign-owned vehicle in China, beating out the Volkswagen ID.3 and ID.4 Crozz, Nissan N7, and BMW i3.

According to the latest update, the electric SUV retained the title once again in June. Peng Baolin, General Manager of Sales at GAC-Toyota, revealed on social media that the “delivery volume of Bozhi 3X in June reached 6,030 units.”

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GAC Toyota announced on Weibo that cumulative deliveries have now exceeded 20,000 units, setting a new record for the fastest joint venture electric SUV sales to achieve the feat.

$15,000-toyota-EV
Toyota bZ3X electric SUV (Source: GAC Toyota)

The company also claimed that the bZ3X “has the highest sales of new energy vehicles” among joint venture brands right now.

The bZ3X is Toyota’s “first 100,000 yuan-level pure electric SUV.” It’s available in seven different trims, starting at 109,800 yuan, or about $15,000.

$15,000-Toyota-EV
Toyota bZ3X electric SUV (Source: GAC-Toyota)

Two variants have an added LiDAR, making Toyota the first joint venture brand to offer it in China. The smart driving version starts at 149,800 yuan ($20,500). For 159,800 yuan ($22,000), you can upgrade to the range-topping “610 Max” trim.

Powered by a 67.92 kWh battery, the long-range model is rated with a CLTC range of up to 610 km (379 miles). The base “Air” trim features a 50.03 kWh battery, good for a 430 km (267 miles) range.

The bZ3X measures 4,645 mm in length, 1,885 mm in width, and 1,625 mm in height, or about the size of BYD’s popular Yuan Plus (sold overseas as the Atto 3).

Inside is a significant upgrade from most Toyota models we are used to seeing. It features a tech-focused interior with a 12.3″ infotainment screen and an 8.8″ driver display.

$15,000-Toyota-EV
Toyota bZ3X electric SUV interior (Source: GAC-Toyota)

Toyota markets it as an affordable family SUV with “a mobile space that is as comfortable as home.” With all the seats folded, the interior offers nearly 10 feet (3 meters) of space.

It’s also powered by Momenta’s 5.0 smart driving system, offering advanced smart driving features such as Level 2 assisted driving, remote parking, and more.

Electrek’s Take

Although it may not seem like much with Chinese EV makers like Xiaomi securing nearly 300,000 orders for the YU7 SUV in an hour, the bZ3X is selling surprisingly well for a foreign brand vehicle.

Global automakers are struggling to keep pace in China with an influx of new low-cost domestic EVs and an intensifying price war. However, Japanese automakers, including Toyota, have been some of the hardest hit.

During GAC Toyota’s Tech Day event last month, the company announced partnerships with China’s leading tech companies, including Huawei, Xiaomi, and Momenta, as it seeks to regain market share.

Ahead of the event, the company posted on Weibo that “god-level allies are coming to help,” adding “car industry bigwigs are coming.

Through May, Toyota’s sales in China are up 7.7% from the same period last year, with 530,000 vehicles sold. Will Toyota continue gaining traction in the world’s largest EV market? With the bZ5 now rolling out and several new models on the way, Toyota is looking for a comeback.

Source: Sohu, GAC-Toyota

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