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BYD’s new electric mid-size SUV stole the spotlight after making its European debut at the Paris Motor Show this week. BYD vows the Sealion 7 will extend its reach in Europe as a true challenger to top-selling EVs like Tesla’s Model Y.

BYD launches the Sealion 7 electric SUV in Europe

Although BYD unveiled several new models at the 2024 Paris Motor Show, it was the Sealion 7 that attracted the masses.

According to BYD’s global design director, Wolfgang Egger, the new model is “more than just an SUV.” He calls it “a lifestyle statement.”

As the former head designer of Audi, Alfa Romeo, and Lamborghini, Egger knows a thing or two about attractive vehicles, especially those for European buyers.

The Sealion 07 is “crafted for those who live life at full charge.” It’s the first model based on BYD’s upgraded e-Platform 3.0 Evo, which offers faster charging and improved powertrain capability. BYD launched the Sealion 7 (Sea Lion 07) in China in May, with a starting price of around $26,000 (189,900 yuan).

At 4,830 mm long, 1,925 mm wide, and 1,620 mm tall, BYD’s new electric SUV will rival Tesla’s top-selling Model Y (4,760 mm long, 1,921 mm wide, and 1,624 mm tall).

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BYD Sealion 7 mid-size electric SUV (Source: BYD)

Taking on top-selling rivals

The Sea Lion 07 offers up to 379 miles (610 km) CLTC driving range in China. That’s for the Long-Range model, starting at about $28,000 (199,800 yuan).

BYD Sea Lion 07 trim in China Starting price Range (CLTC)
550 Standard 189,800 yuan ($26,250) 550 km (341 miles)
610 Long Range 199,800 yuan ($27,625) 610 km (379 miles)
610 Smart 219,800 yuan ($30,389) 610 km (379 miles)
550 4WD Smart Navigation 239,800 yuan ($33,154) 550 km (341 miles)
BYD Sea Lion 07 prices in China

Tesla’s base Model Y RWD gets up to 344 miles (544 km) CLTC range and starts at around $35,000 (249,900 yuan). The Long Range AWD Model Y begins at $40,200 (290,900 yuan) and gets up to 434 miles (688 km) driving range.

Inside, BYD’s electric SUV features a 15.6″ rotating touchscreen and a 10.25″ driver display. The new EV is also the first BYD vehicle to include DiPilot 100 “God’s Eye” ADAS. The system consists of 12 ultrasonic radars, five mm-wave radars, and 11 cameras for advanced drive-assist features.

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BYD Sealion 7 mid-size electric SUV (Source: BYD)

According to BYD executive vice president Stella Li, responsible for overseas operations, the Sealion 7 “shows how BYD is reacting to customer demand and tastes” in Europe.

Li explained that the new mid-size electric SUV would “extend our reach” in the region. The Sealion 7 is BYD’s eighth vehicle to launch in Europe, including the Dolphin, Seal, and Seal U.

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BYD Sealion 7 electric SUV interior (Source: BYD)

BYD made its European debut at the 2022 Paris Motor Show with three models, the Atto 3, Han, and Tang. Just 24 months later, BYD is launching its eighth vehicle at dealerships across the region.

During the event, BYD’s European managing director, Michael Shu, said, “Our customers have been showing great interest in high-performance SUVs, so today, the SEALION 7 comes to Paris.”

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BYD Sealion 7 interior (Source: BYD)

He added, “Besides its Blade Battery, cell-to-body construction, and our LFP battery chemistry, it is equipped with the world’s highest-speed electric motor in mass production, with a speed of 23,000RPM and 400 revolutions every single second. Shu said BYD is the only company that has achieved this feat.

Although BYD did not reveal prices, it said it will begin Sealion 7 deliveries in Europe by the end of the year.

Li recently told Germany’s Frankfurter Allgemeine Sonntagszeitung (FAS) that BYD expects sales to pick up in less than six months with new models rolling out. BYD’s leader said it would offer EVs priced around $27,500 and $33,000 (25,000 to 30,000 euros) in Germany.

Source: BYD, Automotive News

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Ørsted’s largest solar farm in the world is now online in Texas

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Ørsted's largest solar farm in the world is now online in Texas

The Mockingbird Solar Center, Ørsted’s largest solar project globally, is now online, next to protected prairie donated by the renewable energy giant.

This massive 468-megawatt (MW) solar farm is set to power 80,000 homes and businesses, providing a major boost to the Texas grid.

But the launch of Mockingbird Solar isn’t just about clean energy – it’s also about restoring precious ecosystems. Ørsted has donated 953 acres of the Smiley-Woodfin Native Prairie Grassland, which sits next to the solar center, to The Nature Conservancy. The donated land is now the Smiley Meadow Preserve, a protected area for tallgrass prairie that’s home to more than 400 species of grasses and wildflowers.

Tallgrass prairies are some of the rarest ecosystems in the US, with less than 1% of Texas’ original tallgrass prairies still in existence. Tallgrass prairie does a lot of heavy lifting for the environment, including storing carbon, preventing floods, and providing crucial habitats for pollinators.

“Native prairies are the rarest landscapes left in Texas – so much so that many people have never seen one,” said David Bezanson, land protection strategy program director for The Nature Conservancy in Texas. He added that preserving Smiley Meadow will not only conserve one of the best prairie remnants left but also help restore other prairie habitats and boost regional biodiversity.

The Mockingbird Solar Center, a half-billion-dollar project, is part of Ørsted’s $20 billion push to expand renewable energy production across the US. Beyond generating electricity, it will inject $75 million into local property taxes, benefiting schools and other public services. The project also created over 550 construction jobs and will continue to be supported by operations staff moving forward.

Ørsted worked with US companies, including First Solar, for solar panels and partnered with local businesses like Drake Construction and Pfifer Farms for construction materials. It also gave more than $50,000 to local volunteer fire departments in Roxton and Brookston.

With Mockingbird Solar now up and running, Ørsted has more than 6 gigawatts of onshore wind, solar, and battery storage projects either in operation or being built across the US.

Read more: Ørsted got a huge Tesla battery storage system for the world’s single-largest offshore wind farm


If you live in an area that has frequent natural disaster events, and are interested in making your home more resilient to power outages, consider going solar and adding a battery storage system. To make sure you find a trusted, reliable solar installer near you that offers competitive pricing, check out EnergySage, a free service that makes it easy for you to go solar. They have hundreds of pre-vetted solar installers competing for your business, ensuring you get high quality solutions and save 20-30% compared to going it alone. Plus, it’s free to use and you won’t get sales calls until you select an installer and share your phone number with them.

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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Cramer names oil and natural gas stocks set to do well under Trump

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Cramer names oil and natural gas stocks set to do well under Trump

CNBC’s Jim Cramer on Friday said companies related to natural gas and oil will thrive under President-elect Donald Trump’s administration and a majority Republican Congress.

“We’re hearing about all sorts of Trump trades right now, and many of these things have made insane moves in less than three weeks, to the point where, actually, they’re feeling precarious to me,” he said. “If you want a sustainable Trump trade, I say bet on the natural gas ecosystem. This is an industry that already had a lot going for it, it just needed some cooperation from the federal government, which it is about to get.”

President Joe Biden’s administration is largely opposed to fossil fuels, Cramer said, and the federal government has worked to block pipelines and paused new liquified gas export authorizations. This dynamic, coupled with a weaker global economy, caused the sector to underperform for much of the year, he suggested. But Trump has shown more favor to the industry, and Cramer pointed out that he tapped prominent oil executive Chris Wright to lead the Department of Energy.

Cramer recommended several stocks in the sector, including energy producers EQT and Coterra. The former is focused on natural gas and recently acquired peer Equitrans, raising the combined company’s valuation to an estimated $35 billion, Cramer noted. He added that Coterra is a good long-term holding and called the company “one of the shrewdest operators in the industry.”

He highlighted pipeline companies, including Energy Transfer and Kinder Morgan, and said he was especially bullish on Enbridge. Enbridge says it transports about 20% of all natural gas consumed in the U.S., and Cramer claimed the Canadian outfit has “strategically located assets.” He also named Cheniere and Sempra, saying the former is the “best playfor liquified natural gas exports.

“Seasonally, this is a good time for the commodity,” he said, pointing out that natural gas itself has climbed since the election. “But I also think there’s some optimism about the future of the industry driving this move.”

Jim Cramer’s Guide to Investing

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Jeep launches Wagoneer S EV lease prices starting at just $599 per month

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Jeep launches Wagoneer S EV lease prices starting at just 9 per month

Jeep’s first global luxury electric SUV will arrive at US dealerships any day. Despite its $72,000 price tag, lease prices for the 2024 Jeep Wagoneer S EV start at just $599 per month.

2024 Jeep Wagoneer S EV lease prices

After unveiling its first global electric SUV, Jeep’s CEO said the Wagoneer S “marks a new chapter” in its storied history.

Jeep claims the Wagoneer S packs “exhilarating performance.” With 600 hp and 617 lb-ft of torque, the big-body SUV can sprint from 0 to 60 mph in just 3.4 seconds. Its 100 kWh battery pack also gives it a driving range of over 300 miles.

The electric SUV is unmistakably still a Jeep, but it did get several upgrades to distinguish it as an EV. The grille is now enclosed without the need to cool a massive engine, giving it a sporty, more modern look.

Jeep revamped its design with a new illuminated seven-slot grille with ambient cast lightning. It also fine-tuned its profile, adding flush door handles, a rear wing, and integrated fins for better airflow.

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Jeep Wagoneer S Launch Edition (Source: Jeep)

The first Jeep Wagoneer S Launch Edition models get exclusive dark accent design elements like 20″ Gloss Black Wheels.

Inside, the electric SUV is loaded with the latest tech and connectivity, including a best-in-class 45″ of usable screen space. The setup includes a 12.3″ center screen and an exclusive 10.25″ interactive front passenger screen.

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Jeep Wagoneer S Launch Edition Radar Red interior (Source: Jeep)

Jeep already announced that the 2024 Wagoneer S EV will start at $71,995, but now the company has revealed lease prices for the first time.

According to Jeep, the 2024 Jeep Wagoneer S Launch Edition can be leased for $599 per month for 36 months (10,000 miles per year). The deal includes $4,999 due at signing and a $7,500 EV incentive. However, you may want to act fast, as Jeep’s offer is only good until December 2, 2024.

Jeep Wagoneer S vs Tesla Model Y Starting Price Range Lease Price
Jeep Wagoneer S Launch Edition $71,995 +300 miles $599/mo
Tesla Model Y RWD $44,990 320 miles $299/mo
Tesla Model Y AWD $47,990 308 miles $399/mo
Tesla Model Y AWD Performance $51,490 279 miles $599/mo

In comparison, Tesla Model Y RWD lease prices start at $299 for 36 months with $2,999 down (10,000 miles). The Performance AWD model starts at $599 per month. In an end-of-year promo, Tesla also offers 3 months of free Supercharging and Full Self-Driving.

Ready to drive off in your new electric SUV? We can help you get started. You can use our links below to view offers on the Jeep Wagoneer S and Tesla Model Y at a dealer near you.

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