We got the chance to drive the new 2024 ID.4 and found an impressive amount of changes from last model year – at least on the 82kWh version.
The 2024 ID.4 is just a new model year, but with the amount of changes that VW has made, it feels like a mid-cycle refresh. We don’t usually go to drive events for individual model year improvements, but after driving this one, it definitely had enough changes to make the drive worthwhile.
That said – all of these changes are ONLY on the bigger battery 82kWh version. The 62kWh base model ID.4 is exactly the same as last year’s model, though has received a price bump from last year, which started 2023 at a price of $37,495, then got a $1,500 price hike mid-year, and has been bumped further in 2024 up to $39,735 before destination fees.
The VW ID.4 does currently qualify for the full $7,500 US federal EV tax credit – the only car made by a foreign automaker to qualify, due to local production in Chattanooga, Tennessee – and the credit is now available upfront at the point of sale. This makes the 62kWh version quite attractive at a ~$32k base price after credit.
But since we’re talking about the 82kWh version, we should talk about that base price instead. The 2024 with the changes we saw starts at $44,875, which is still in line with the entry price of many of the other EVs out today (Ioniq 5 $42k, Model Y $44k, etc.). And again, the 82kWh ID.4 does also qualify for the full federal tax credit, bringing the price down to ~$38k.
So, what are all these big changes?
A better rear motor means more power and more efficiency
Among other things, the 82kWh ID.4 is more powerful and more efficient, due to an improved rear motor. The front motor remains the same, so RWD models will gain more improvement than AWD models.
The RWD is now 282hp with 402 lb-ft of torque, while the AWD is 335hp with 99lb-ft in the front and 402lb-ft in the rear.
This brings RWD 0-60 times to 5.9 seconds, down from 7.7, and AWD 0-60 is at 4.9 seconds, down from 5.7.
But not only does it have more power, it’s also more efficient – a rare feat. More efficiency means that the same size battery can go farther, so the 2024 RWD ID.4 now has 291 miles of EPA-estimated range, up from 275, and the AWD version has 263 miles, up from 255.
As for the drive experience of the ID.4, we drove the new RWD version on a foggy and cold day on the Angeles Crest Highway and it felt perfectly… acceptable. The ID.4 is focused on being more of an everyman’s car, not a sportscar. So it delivered a comfortable drive, with the power required for comfortable driving tasks.
It handled well on the twisty road we took it on, though the tires did seem to be working hard. Like most EVs, the ID.4 exhibited very little body roll around corners due to a low center of gravity from the battery located low in the vehicle.
Power was as much as a normal driver would need, and power delivery is smooth rather than punchy. I do tend to prefer a more punchy power delivery, and really dislike when automakers build a delay into throttle response, but the ID.4 doesn’t feel laggy (unlike the Blazer EV or Fisker Ocean that I’ve driven recently).
Like other VW Group EVs (including Audi, Porsche etc.), the ID.4 is not really capable of one-pedal driving, at least not to the degree of EVs with stronger regen like Tesla, Leaf and Bolt.
Putting the car in “B” mode does enable some amount of regenerative braking, which we were able to get to decelerate the car down to 5mph even while going down a hill. However, the regen was still quite light, and I found myself reaching for the brake pedal when entering flowing canyon corners, whereas in other EVs I would simply let off the accelerator to get the braking I wanted.
I remain convinced that VW needs to increase regenerative braking strength on its EVs – and in talking to VW representatives at the event, it sounds like they’ve been hearing the same elsewhere and may finally be considering doing so.
I wouldn’t consider either of these issues particularly galling (well, maybe the regen one, because I’ve been one-pedal driving for 15 years now), but they are issues that could easily be fixed by allowing customers to select different drive modes based on their preferences.
And the ID.4 does have drive modes (ECO, comfort, sport, and “custom” where you can mix and match), but we felt very little difference between these modes. I would like to see them differentiate more between the modes – options for significantly heavier steering , punchier throttle, stronger regen, etc.
The biggest change I could find is that these different modes do change the color of the UI, so, I guess you can pick your drive mode based on whether you like red, blue, or a-slightly-different-blue as your UI accent color.
Now that we’re talking about the UI, the 2024 model has a significantly improved user interface, which we were quite impressed with.
Big UI changes vastly improve user experience
I’m a tough customer when it comes to any sort of digital user interface. I’ve said many times that most automotive UIs are terrible, with the exception of the EV startups. And most automakers seemed to have given up on making usable infotainment systems, instead ceding that work to Apple or Google with CarPlay and Android Auto. The ID.4 does come with both systems, and if you like those systems, you can go ahead and keep using them.
But VW made quite a few changes to its base user interface, and these are welcome. The screen is now 12.9 inches instead of 12 inches, though most of the new space is taken up by a persistent climate control display, giving access to fan speed controls and split temperature controls for driver and passenger. It also allows operation of the ventilated seats, which are new for the 2024 model.
Temperature and volume controls are also available with a physical touch bar below the display. This touch bar is now illuminated in the 2024 model, as in the previous model it was hard to see at night.
VW updated its EV route planner for the 2024 model, which can now include up to 10 charging stops on a route, and takes into account both Electrify America stations and others (though no NACS yet, but we expect that’s coming soon™).
To use it, you just input a destination and the car will plan your charge stops for you, telling you where to stop, for how long, will automatically precondition the battery to optimize charging times, and will update live to show you how many free chargers there are at the stop (though this is in tiny font, in dark grey on a light grey background – more visibility would be better on this UI feature).
While we didn’t get to test fast charging (which is up to 175kW on the 2024 model, up from 170kW before), the route planning function worked extremely quickly, planning out a long multi-stop route in only a couple seconds – even quicker than Tesla’s system does it.
And you can customize the settings, telling your car to ensure you don’t go under a certain percentage while driving or that you have at least a certain amount of range at your destination (e.g. if you’re traveling to a place you won’t have overnight charging at). One UI screen tells you an estimate of how fast you would charge if you charged right now, so while we don’t know the actual charge curve of the car just yet, you can get a sense of it by looking at this screen.
Another relevant charging-related change is that the ID.4 just recently (finally) got plug & charge. This was rolled out to 2023 models on Electrify America stations just last month, but the 2024 model will be able to use Plug & Charge on non-EA stations as well. Plug & Charge is the name of a feature that allows you to just plug into a DC charge station and walk away without having to open any apps or swipe any cards or anything – a similar experience to using a Tesla Supercharger.
UI controls were reasonably responsive in general, partially due to updated processing speed and memory for the infotainment system (though it’s still not buttery-smooth as you would expect from an iPad, which frankly is the bar that all automakers should aspire to), though the layout of sub-menus was sometimes confusing and hard to find things in. This would probably go away with some experience, but we did skip over a few of the sub menus we were looking for due to being named with generic-sounding headings like “basic functions.”
The software improvements on this car are notable, given that VW has had some difficulty with EV software timelines in the past. Its Cariad software unit, created in 2020 to improve EV software issues and deliver over-the-air updates to vehicles (basically, to make VW’s software more Tesla-like), has had problems getting up to speed, to the point where the unit’s difficulties reportedly were a large contributor to former CEO Herbert Diess’ departure. In October, the company tapped some EV startup veterans to try to fix these problems.
And some other small physical changes were made, like a slight relocation of the PRND level for better visibility, and moving the hazard button downward slightly, because previously it was easy to accidentally press it when reaching for the touchscreen (as pointed out by Electrek‘s very own Michelle Lewis, who owns an ID.4 herself).
A new LED strip has been added at the base of the windshield, which we’ve seen on several other vehicles lately. But rather than just being ambient lighting (which the car also has, and it’s adjustable), VW has made the windshield strip functional. It syncs with the nav system and swipes a blue streak across the strip to tell you which direction you need to turn, and it shows certain alerts, like flashing red when the car’s safety sensors want to tell you something. I really liked this feature.
A ChatGPT-enabled voice assistant in your ID.4
One feature that we found to be quite cool was the new ChatGPT-enabled voice assistant function. VW says it’s the “first volume manufacturer to make this innovative technology a standard feature in vehicles from the compact segment upwards,” though we have seen a beta of something similar from Mercedes.
This is an extension of VW’s “IDA” (get it? it looks like “ID.4”) voice assistant, who can be called up by pressing a steering wheel button or saying “hey IDA.” It allows control over an impressive set of vehicle functions, which you can see a partial list of by digging through the IDA menus. All of this is theoretically accessible through natural language search, so you don’t have to say specific catchphrases, but you can just talk to your car and she’ll figure out what you’re looking for.
In practice, though we didn’t use it extensively, it did reasonably well at understanding our meaning, though it wasn’t 100% accurate. There were definitely times that we had to restate or rephrase our questions to get a good answer out of the voice assistant, but that’s something we have all unfortunately come to expect out of these types of systems. In terms of voice recognition it was quick and reasonably accurate, and the wide range of things that it can do was better than other voice assistant systems we’ve seen in cars.
But maybe the neatest aspect of the IDA system is that you don’t have to call it IDA. You can in fact call it anything you want, by changing the “wake word” in software. Behold!
(to VW: I’m sorry, your voice assistant is actually quite nice and did not deserve the abusive name, I am just a child)
Honestly, this is a feature that I just love. It’s such a simple thing to be able to change the wake word, but it makes so much sense, especially in an automotive context.
On the one hand it enables dumb jokes like mine above, but on the other hand it’s a genuine improvement (e.g. if someone in your home is named Ciri, or if you ever talk “seriously” about anything, it can be confusing to have an Apple device around), and it dovetails quite well with the already-existing societal trend of people naming their cars. Now you can actually name your car something, and it will respond to that name!
If nothing else, it’s a great crowd pleaser, and it worked within moments the first time we tried it. Any VW dealer who wants to sell a car, just sit the customer down inside and show them a demo of this one feature and you’ll surely surprise and delight them.
Conclusion and availability
Despite the tendency of VW Group EVs to make some “safe” choices (like no one-pedal driving), in keeping with their somewhat traditional stance as far as automakers go, I found myself saying “oh, that’s cool” a lot of times during our quick couple hours with the car, mostly related to the various UI improvements made. They seem to have done a solid job here.
In fact, there’s so many changes that I even asked VW if it would be appropriate to call this a mid-cycle refresh, particularly given that the car is ~3 years old now. They said no, because usually those involve some sort of change to the exterior sheet metal of the vehicle (the only exterior changes are wheels – 20in on the AWD entry level, and 21in on the AWD/RWD S Plus trim), but that the 2024 is indeed a “strong” model year update.
And, once again, all of these changes are only on the more expensive 82kWh version, not the base model 62kWh version. This is a bit disappointing, because VW did tout the 62kWh’s attractive entry price in its presentation to us, though all of the new features are gated behind a $5,140 upgrade to a larger battery which many customers just don’t need.
But, maybe these changes will migrate down the model range when the real mid-cycle refresh comes, perhaps in another year or two. We can hope, anyway.
Regardless, big upgrades here. If you were considering getting an ID.4 already, you can be even happier at the value proposition once the 2024s hit dealerships, which happens in March.
If you’d like, you can use our links to contact your local dealers about the 2024 VW ID.4, and get yourself in line for when they’re delivered in this coming month.
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The Taihuttus on a ski trip to Sierra Nevada in southern Spain. They sold everything they owned in 2017 to bet on bitcoin — and now travel full-time as a family of five.
Didi Taihuttu
A wave of high-profile kidnappings targeting cryptocurrency executives has rattled the industry — and prompted a quiet security revolution among some of its most visible evangelists.
Didi Taihuttu, patriarch of the so-called “Bitcoin Family,” said he overhauled the family’s entire security setup after a string of threats.
The Taihuttus — who sold everything they owned in 2017, from their house to their shoes, to go all-in on bitcoin when it was trading around $900 — have long lived on the outer edge of crypto ideology. They travel full-time with their three daughters and remain entirely unbanked.
Over the past eight months, he said, the family ditched hardware wallets in favor of a hybrid system: Part analog, part digital, with seed phrases encrypted, split, and stored either through blockchain-based encryption services or hidden across four continents.
“We have changed everything,” Taihuttu told CNBC on a call from Phuket, Thailand. “Even if someone held me at gunpoint, I can’t give them more than what’s on my wallet on my phone. And that’s not a lot.”
CNBC first reported on the family’s unconventional storage system in 2022, when Taihuttu described hiding hardware wallets across multiple continents — in places ranging from rental apartments in Europe to self-storage units in South America.
The Taihuttu family dressed up for Halloween in Phuket, Thailand, where they recently moved homes after receiving disturbing messages pinpointing their location from YouTube videos.
Didi Taihuttu
As physical attacks on crypto holders become more frequent, even they are rethinking their exposure.
This week, Moroccan police arrested a 24-year-old suspected of orchestrating a series of brutal kidnappings targeting crypto executives.
One victim, the father of a crypto millionaire, was allegedly held for days in a house south of Paris — and reportedly had a finger severed during the ordeal.
In a separate case earlier this year, a co-founder of French wallet firm Ledger and his wife were abducted from their home in central France in a ransom scheme that also targeted another Ledger executive.
Last month in New York, authorities said, a 28-year-old Italian tourist was kidnapped and tortured for 17 days in a Manhattan apartment by attackers trying to extract his bitcoin password — shocking him with wires, beating him with a gun, and strapping an Apple AirTag around his neck to track his movements.
The common thread: The pursuit of crypto credentials that enable instant, irreversible transfers of virtual assets.
“It is definitely frightening to see a lot of these kidnappings happen,” said JP Richardson, CEO of crypto wallet company Exodus. He urged users to take security into their own hands by choosing self-custody, storing larger sums on hardware wallets, and — for those holding significant assets — exploring multi-signature wallets, a setup typically used by institutions.
Richardson also recommended spreading funds across different wallet types and avoiding large balances in hot wallets to reduce risk without sacrificing flexibility.
That rising sense of vulnerability is fueling a new demand for physical protection with insurance firms now racing to offer kidnap and ransom (K&R) policies tailored to crypto holders.
But Taihuttu isn’t waiting for corporate solutions. He’s opted for complete decentralization — of not just his finances, but his personal risk profile.
As the family prepares to return to Europe from Thailand, safety has become a constant topic of conversation.
“We’ve been talking about it a lot as a family,” Taihuttu said. “My kids read the news, too — especially that story in France, where the daughter of a CEO was almost kidnapped on the street.”
Now, he said, his daughters are asking difficult questions: What if someone tries to kidnap us? What’s the plan?
One of the steel plates the Taihuttu family uses to store part of their bitcoin seed phrase. Didi etched it by hand using a hammer and letter punch — part of a decentralized storage system spread across four continents.
Didi Taihuttu
Though the girls carry only small amounts of crypto in their personal wallets, the family has decided to avoid France entirely.
“We got a little bit famous in a niche market — but that niche is becoming a really big market now,” Taihuttu said. “And I think we’ll see more and more of these robberies. So yeah, we’re definitely going to skip France.”
Even in Thailand, Taihuttu recently stopped posting travel updates and filming at home after receiving disturbing messages from strangers who claimed to have identified his location from YouTube vlogs.
“We stayed in a very beautiful house for six months — then I started getting emails from people who figured out which house it was. They warned me to be careful, told me not to leave my kids alone,” he said. “So we moved. And now we don’t film anything at all.”
“It’s a strange world at the moment,” he said. “So we’re taking our own precautions — and when it comes to wallets, we’re now completely hardware wallet-less. We don’t use any hardware wallets anymore.”
To throw off would-be attackers, Didi Taihuttu encrypts select words from each 24-word seed phrase — then splits the phrases into four sets of six and hides them around the world.
Didi Taihuttu
The family’s new system involves splitting a single 24-word bitcoin seed phrase — the cryptographic key that unlocks access to their crypto holdings — into four sets of six words, each stored in a different geographic location. Some are kept digitally through blockchain-based encryption platforms, while others are etched by hand into fireproof steel plates using a hammer and letter punch, then hidden in physical locations across four continents.
“Even if someone finds 18 of the 24 words, they can’t do anything,” Taihuttu explained.
On top of that, he’s added a layer of personal encryption, swapping out select words to throw off would-be attackers. The method is simple, but effective.
“You only need to remember which ones you changed,” he said.
Part of the reason for ditching hardware wallets, Taihuttu said, was a growing mistrust of third-party devices. Concerns about backdoors and remote access features — including a controversial update by Ledger in 2023 — prompted the family to abandon physical hardware altogether in favor of encrypted paper and steel backups.
While the family still holds some crypto in “hot” wallets — for daily spending or to run their algorithmic trading strategy — those funds are protected by multi-signature approvals, which require multiple parties to sign off before a transaction can be executed.
The Taihuttus use Safe — formerly Gnosis Safe — for ether and other altcoins, and similarly layered setups for bitcoin stored on centralized platforms like Bybit.
Didi Taihuttu during a recent visit to Sierra Nevada, Spain. The family’s lifestyle — unbanked, nomadic, and all-in on bitcoin — makes them outliers even in the crypto world.
Didi Taihuttu
About 65% of the family’s crypto is locked in cold storage across four continents — a decentralized system Taihuttu prefers to centralized vaults like the Swiss Alps bunker used by Coinbase-owned Xapo. Those facilities may offer physical protection and inheritance services, but Taihuttu said they require too much trust.
“What happens if one of those companies goes bankrupt? Will I still have access?” he said. “You’re putting your capital back in someone else’s hands.”
Instead, Taihuttu holds his own keys — hidden across the globe. He can top up the wallets remotely with new deposits, but accessing them would require at least one international trip, depending on which fragments of the seed phrase are needed. The funds, he added, are intended as a long-term pension to be accessed only if bitcoin hits $1 million — a milestone he’s targeting for 2033.
The shift toward multiparty protections extends beyond just multi-signature. Multi-party computation, or MPC, is gaining traction as a more advanced security model.
Didi, Romaine, and their three daughters live largely off-grid, managing crypto through decentralized exchanges, algorithmic trading bots, and a globally distributed cold storage system.
Didi Taihuttu
Instead of storing private keys in one place — a vulnerability known as a “single point of compromise” — MPC splits a key into encrypted shares distributed across multiple parties. Transactions can only go through when a threshold number of those parties approve, sharply reducing the risk of theft or unauthorized access.
Multi-signature wallets require several parties to approve a transaction. MPC takes that further by cryptographically splitting the private key itself, ensuring that no single individual ever holds the full key — not even their own complete share.
The shift comes amid renewed scrutiny of centralized crypto platforms like Coinbase, which recently disclosed a data breach affecting tens of thousands of customers.
Taihuttu, for his part, says 80% of his trading now happens on decentralized exchanges like Apex — a peer-to-peer platform that allows users to set buy and sell orders without relinquishing custody of their funds, marking a return to crypto’s original ethos.
While he declined to reveal his total holdings, Taihuttu did share his goal for the current bull cycle: a $100 million net worth, with 60% still held in bitcoin. The rest is a mix of ether, layer-1 tokens like solana, link, sui, and a growing number of AI and education-focused startups — including his own platform offering blockchain and life-skills courses for kids.
Lately, he’s also considering stepping back from the spotlight.
“It’s really my passion to create content. It’s really what I love to do every day,” he said. “But if it’s not safe anymore for my daughters … I really need to think about them.”
A wheel loader operator fills a truck with ore at the MP Materials rare earth mine in Mountain Pass, California, January 30, 2020.
Steve Marcus | Reuters
The rare-earth miner MP Materials will enjoy growing strategic value to the U.S., as geopolitical tensions with China make the supply of critical minerals more uncertain, according to Morgan Stanley.
The investment bank upgraded MP Materials to the equivalent of a buy rating with a stock price target of $34 per share, implying 32% upside from Friday’s close.
MP Materials owns the only operating rare earth mine in the U.S. at Mountain Pass, California. China dominates the global market for rare earth refining and processing, according to Morgan Stanley.
“Geopolitical and trade tensions are finally pushing critical mineral supply chains to top of mind,” analysts led by Carlos De Alba told clients in a Thursday note. “MP is the most vertically integrated rare earths company ex-China.”
Beijing imposed export restrictions on seven rare earth elements in April in response to President Donald Trump’s tariffs. It has kept those restrictions in place despite trade talks with U.S.
Trump removed some restrictions Wednesday on the Defense Production Act, which could allow the federal government to offer an above market price for rare earths. MP Materials is the best positioned company to benefit from this, according to Morgan Stanley. Its shares rose more than 5% on Thursday.
MP Materials is developing fully domestic rare earth supply chain in the U.S. and plans to begin commercial production of magnets used in most electric vehicle motors, offshore wind wind turbines, and the future market for humanoid robots, according to Morgan Stanley.
The investment bank expects MP Materials to post negative free cash flow this year and in 2026, but the company has a strong balance sheet should accelerate positive free cash flow from 2027 onward.
Tesla’s head of Optimus humanoid robot, Milan Kovac, announced that he is leaving the automaker after 9 years.
It leaves just as CEO Elon Musk claimed that the humanoid robot is going to make Tesla a”$25 trillion company.”
Electrek first reported on Tesla hiring Kovac back in 2016 to work on the early Autopilot program. At the time, we noted that the young engineer had an interesting background in machine learning.
He quickly rose through the ranks and ended up leading Autopilot software engineering from 2019 to 2022.
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In 2022, he started working on Tesla’s Optimus humanoid robot program.
Musk claimed that Optimus could generate $10 trillion in revenue per year and make Tesla a $25 trillion company. These claims are largely unsubstantiated as the humanoid robot market is still in its infancy.
Most market research firms currently estimate the size of the humanoid robot market to be in the low single-digit billions of dollars, with growth projections through 2032 ranging from $15 billion to $80 billion.
That would represent impressive growth, but nowhere near what Musk is touting to investors.
Today, Kovac announced that he is leaving Tesla for personal reasons:
This week, I’ve had to make the most difficult decision of my life and will be moving out of my position. I’ve been far away from home for too long, and will need to spend more time with family abroad. I want to make it clear that this is the only reason, and has absolutely nothing to do with anything else. My support for Elon Musk and the team is ironclad – Tesla team forever.
Kovac has been regarded as one of the top new technical executives at Tesla, which has seen a significant talent exodus of top engineers.
Kovac is not the only Optimus engineer to leave Tesla recently.
Figure, another company developing humanoid robots, has recently poached Zackary Bernholtz, a 7-year veteran at Tesla and most recently a Staff Technical Program Manager.
Electrek’s Take
This is a significant loss for Tesla. Kovac was one of Musk’s top technical guys and literally the head of the program he claimed would bring Tesla to the next level – although I think most people have been understandably skeptical about these claims.
I’ve been bullish on humanoid robots, and I could see Tesla being a player in the field, but it’s nowhere near the opportunity that Musk is claiming, and there’s also plenty of competition with no clear evidence that Tesla has any significant lead, if any.
In the US, Figure has also been making a lot of progress lately:
I think it’s a smart space to invest in for manufacturing companies like Tesla, but there’s going to be a lot of competition.
It’s too early to say who will come out on top.
As for Kovac leaving, I’m sure his personal reason is correct. However, we often see people claim that and then they quickly turn up at another company.
If he believed that his product would soon become a multi-trillion-dollar opportunity, I doubt he would be leaving, but you never know. 9 years at Tesla is some hard work and it’s impressive for anyone. Congrats.
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