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Volkswagen looks to launch a sleek electric sports car based on the iconic Scirocco coupe. The VW Scirocco EV sports car is poised to adopt a unique platform designed for the upcoming electric Porsche Boxster.

The first VW Scirocco was unveiled at the Geneva Motor Show in 1974. Designed by Giorgio Giugiaro, known for his work on the first Golf, the 2+2 seater was the first VW badged coupe with FWD.

Volkswagen claims thanks to FWD, the Scirocco blazer a path for an affordable, fuel-efficient sports car.

The top GTI trim, introduced in 1976, featured 108 hp (81 kW) and a larger front spoiler. A GLi version offered a luxury take on the sporty coupe. Over 500,000 models were sold globally up until 1981.

In 1981, the Scirocco II began rolling out. It was based on the Golf 1 platform, extending the car’s length and providing more interior space with softer overall design lines.

Over 795,000 models were sold over 18 years, with production ending in September 1992. VW pulled the plug as the Scirocco competed with the better-selling Golf. However, in 2008, VW launched the third-generation model with major upgrades and more power in a mid-2014 update.

VW-Scirocco-EV
Volkswagen Scirocco (Source: VW)

VW Scirocco set for comeback as a sporty EV coupe

It looks like the Scirocco will make another comeback, this time as an all-electric sports car. The VW Scirocco EV is part of a four-way electric sports car project that includes the Porsche Boxster/Cayman, Audi TT, and Cupra Dark Rebel, a “high-ranking insider” told Autocar.

The new electric sports car will sit above VW’s next-gen ID.3, which is poised to wear the iconic Golf badge.

Volkswagen's-electric-Golf-ID.3
Second-generation Volkswagen ID.3 (Source: VW)

VW’s chief tech officer, Kai Grunitz, said the upcoming electric Golf will sit on the new SSP platform. Meanwhile, an adapted version of the PPE platform, designed for the electric Porsche Boxster, will underpin the VW Scirocco EV.

Full details have yet to be announced, but the report notes VW will likely offer several powertrain and trim options, including single-motor RWD and dual-motor AWD.

Porsche-2025-Taycan
The new 2025 Porsche Taycan (Source: Porsche)

Like the J1 powering the Porsche Taycan and Audi E-tron GT, the platform will provide a low-riding sporty silhouette.

Rumors suggest VW has designed the battery within the center tunnel, behind the cabin, in a Boxster-like layout.

Porsche debuted the idea with its e-core layout in the Mission X concept. The layout “enables a low, driver-optimized seating position,” according to Porsche. It also helps center the vehicle’s weight for better agility – a key element for sports cars.

Porsche-Mission-X-EV
Porsche Mission X electric hypercar concept (Source: Porsche)

Designed for the Porsche Boxster’s convertible design, the platform is claimed to offer “extreme stiffness,” leading Audi to develop an electric TT.

Although nothing is set in stone, the base VW Scirocco EV is expected to feature around 300 hp, while the AWD version will pack over 400 hp. The dual-motor version could serve as a successor to the Scirocco R sold until 2017.

Volkswagen's-electric-Golf-Id.3
Volkswagen ID.3 (left) and ID.4 (right)

Initial designs were developed early last year as Adreas Mindt took over as head designer. Mindt, a former Bentley designer, mentioned the first Scirocco after unveiling plans for VW’s next-gen models.

Mindt claims the “Scirocco was among the first cars to use a sharp and low line to visually enhance the car.” The design “trick” results in more power and sporty style. “That’s the secret sauce that makes a car desirable, a stylish car that everyone wants to drive,” Mindt explained.

According to the source, the VW Scirocco EV will likely be launched by 2028. It’s just awaiting the green light from VW brand CEO Thomas Shafer.

What do you think? Would you buy a sporty electric Volkswagen Scirocco? Let us know what you think in the comments.

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Communication is now even more important to getting renewable projects off the ground, experts say

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Communication is now even more important to getting renewable projects off the ground, experts say

(From left) CNBC’s Steve Sedgwick moderates an IoT panel with Cenk Alper, CEO of Sabanci Holding, Christina Shim, chief sustainability officer of IBM, and Mitesh Patel, interim CEO and COO of SunCable International, at CONVERGE LIVE on March 13, 2025.

Renewable energy companies can shorten the long approval process needed for their projects by communicating better with stakeholders, according to experts.

Christina Shim, IBM’s chief sustainability officer, said sponsors need to focus on the business value — in addition to the environmental benefits — when discussing their projects.

“That being said … there are some triggering words now, depending on where you sit around the world, and I think the more that you can quantify business value for what you’re doing and tie it to, again, the business operations and business decision making, it’s only going to be more and more important,” Shim said Thursday.

“As long as the outcomes are the same, you just need to make sure that you’re communicating in an appropriate way with the right stakeholders.”

She compared it to how one might talk to a CFO, versus an investor, versus someone in procurement. “You kind of have to talk about things a little bit differently.”

Mitesh Patel, interim CEO and COO at SunCable International, agrees that adjusting communication for the right audience is crucial.

“For politicians, the voters are their constituency, not your project or not your company. You have to help them translate what benefits your project will bring to the constituents,” said Patel, whose company is developing a project to deliver solar energy from Australia to Singapore via undersea cables.

The project, called Australia-Asia PowerLink, is valued around $24 billion and expected to supply Singapore with 1.75 gigawatts of electricity — or around 15% of its electricity needs, according to the company.

The comments by Shim and Patel, who were speaking to CNBC’s Steve Sedgwick on a panel in Singapore, come as renewable energy projects often take many years to get off the ground.

A report from the Global Infrastructure hub, which is part of the World Bank’s Public-Private Infrastructure Advisory Facility, noted the complex nature of preparation needed before an infrastructure project gets underway. It put the average project preparation time at 6 years but said it can take up to 14 years if the project is not planned properly.

Political will is 'absolutely essential' for cross-jurisdiction sustainability projects: SunCable International

Cenk Alper, CEO of Sabanci Holding, a Turkish conglomerate, said the biggest obstacle to getting renewable energy projects off the ground is often regulatory.

“The biggest problem is still government — the permits. Because from licensing to making a project ready, the total time is longer than the construction time,” he said.

The situation in Europe is worse, he added, citing a project where connecting to the grid took two years.

Alper said Western countries need to streamline the approval process for renewable energy projects, noting China has embarked on more projects in the last five years than the rest of the world combined.

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Killing IRA EV tax credits will ruin US EV and battery industries – Princeton study

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Killing IRA EV tax credits will ruin US EV and battery industries – Princeton study

A new study from the REPEAT Project led by Princeton University’s ZERO Lab warns that the repeal of Inflation Reduction Act (IRA) tax credits could decimate the growing EV manufacturing sector.

The report “Potential Impacts of Electric Vehicle Tax Credit Repeal on US Vehicle Market and Manufacturing” clearly outlines the risks. The Princeton study states that repealing the IRA federal tax credits and the EPA’s clean vehicle regulations would sharply reduce EV demand.

Specifically, EV sales could drop around 30% by 2027 and nearly 40% by 2030 compared to sticking with the policies implemented by the Biden administration. That means the share of EVs among new cars sold would shrink dramatically – from about 18% to 13% by 2026 and from 40% to just 24% by 2030.

“While no one has a perfect crystal ball, this is our best attempt to survey available quantitative forecasts and develop an outlook on US EV sales,” explained the study’s project leader, Jesse D. Jenkins, assistant professor at Princeton’s Department of Mechanical & Aerospace Engineering and Andlinger Center for Energy & Environment in an email. “The report is also the only analysis I’m aware of to date that draws the connection to US manufacturing as well.”

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Here’s why this matters: The report points out that repealing these policies wouldn’t just slow down EV adoption – it could seriously derail the US manufacturing renaissance now underway. Up to 100% of planned expansions for EV assembly plants could be canceled or shuttered. Battery manufacturing would also take a huge hit, with between 29% and 72% of battery cell production capacity becoming redundant by 2025. That means factories under construction or those just coming online would be at risk.

To put that into perspective, an Environmental Defense Fund report released in January found that $197.6 billion worth of investments in EV and battery manufacturing have been announced at 208 facilities around the US, with two-thirds announced since the passage of the Inflation Reduction Act in August 2022.

It’s probably a good time to point out that, in order to qualify for IRA federal tax credits, EVs must be domestically assembled, use battery components that have been substantially domestically produced, and use critical minerals produced, processed, or recycled in North America or free trade agreement countries.

Why, then, is the Trump administration torpedoing an industry that’s achieving the very thing it says it wants to achieve, which is to boost domestic manufacturing and jobs?

And let’s not forget the broader EV supply chain – materials, parts, and component suppliers across the country would also suffer, though these effects haven’t even been fully quantified yet.

Bottom line: Repealing the tax credits and regulations wouldn’t just slow down EV sales – it would threaten the jobs, investments, and communities counting on America’s EV manufacturing boom.

Read more: Republican districts lose billions as clean energy cancellations surge


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Cadillac’s most affordable EV just got even cheaper

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Cadillac's most affordable EV just got even cheaper

The Optiq, Cadillac’s most affordable EV, just got a price cut. Despite being on the market for less than two months, GM cut lease prices by nearly $100 a month. Here’s how you can snag the deal.

GM cuts lease prices on Cadillac’s most affordable EV

Compared to Cadillac’s other electric vehicles, like the Escalade IQL, which starts at over $130,000, and the Vistiq, which has a price tag of over $77,000, the Optiq already looks like a steal at about $55,000.

Cadillac’s electric SUV arrived in January with lease prices starting at $489 per month. Although this was already its cheapest SUV (gas or EV), GM is making it even more affordable this month.

The 2025 Cadillac Lyriq is now listed at just $399 for 24 months with $4,929 due at signing. In less than two months, the OPTIQ’s lease prices have fallen by $90, or almost 20%. The deal is for the 2025 Cadillac Optiq AWD Luxury 1 with an MSRP of $54,390.

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Cadillac’s lease deal runs through March 31. However, there are a few limitations you should know about. The deal includes a $2,000 loyalty or conquest offer.

Cadillac's-most-affordable-EV-lease
Cadillac Optiq EV lease deal (Source: Cadillac)

The fine print states you must be a lessee of a 2020 model year or newer non-GM vehicle for at least 30 days. According to online car research firm CarsDirect, this extends to 2011 and newer electric vehicles from a competitor brands such as Tesla, Rivian, Porsche, BMW, Ford, and Honda, among several others.

At 190″ long, 75″ wide, and 65″ tall, the Cadillac Optiq is about the same size as the Tesla Model Y (187″ long x 76″ wide x 64″ tall).

Powered by an 85 kWh battery pack, the electric SUV has a driving range of up to 302 miles. With 150 kW DC fast charging, the Optiq can gain up to 79 miles of range in about 10 minutes.

2025 Cadillac Optiq trim Starting Price
(including destination)
Driving Range
(EPA-estimated)
Luxury 1 $54,390 302 miles
Luxury 2 $56,590 302 miles
Sport 1 $54,990 302 miles
Sport 2 $57,090 302 miles
2025 Cadillac Optiq price and range by trim

Inside, the Optiq features a massive 33″ infotainment and “segment-leading” cargo (57 cubic feet) and second-row space.

GM has been introducing new deals on new EV models all year. Chevy’s new Equinox, Blazer, and Silverado EVs are all available with 0% APR with leases starting as low as $299 per month.

Ready to take advantage of the savings? We can help you get started. Check out our links below to find deals on GM’s most popular EVs in your area.

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