Tesla is preparing to enter limited trial production of the new Model Y “Juniper” refresh in its Shanghai factory on October 22nd, according to a Chinese car blogger.
Tesla released its “Highland” Model 3 refresh last August, and it was a much more significant overhaul than we were expecting.
The headline features were a new front-end, more efficiency, and a quieter cabin. But there were a lot of other interior improvements as well (and one big de-provement, the deletion of steering column stalks).
Since then, there has been speculation that a Model Y refresh is coming soon. While the Model Y is not currently as old as the Model 3 was when it received its refresh, it stands to reason that there would be a number of people who are now waiting for a potential Model Y refresh before buying the car.
So Tesla likely feels more of a sense of urgency to update the Model Y, which is their (and the world’s) best-selling vehicle after all. The more people think a refresh is coming soon, the more they might push off buying decisions.
And while Tesla said there’s no Model Y refresh coming “this year”, the year is almost over now, and we’ve seen plenty of indications of it coming soon throughout the year.
Now there’s more potential news, in the form of a report from a Chinese car blogger who said trial production will begin this week in Tesla’s Shanghai gigafactory.
The rumor was first posted by 胖虎Shawn (Fat Tiger Shawn), a Chinese car blogger, on Weibo.
However, production will reportedly start slow, at a rate of just 12 vehicles a day, and with strict restrictions on factory workers making the unannounced upgraded model. It is not likely for the car to be available before the end of the year, as Tesla would put its focus on shoring up its Q4 numbers with its usual end-of-quarter rush.
Producing the car in Shanghai first also would suggest that it may not be available in North America before elsewhere. As was the case with the Model 3, the refresh came to Europe four months before it came to the US. So if this report is true, we may be waiting for even longer on this side of the pond (either that, or Austin and Fremont have better infosec than Shanghai does…).
While we don’t yet know the details of the refresh, we can imagine that many of the changes from the Model 3 would be carried over to the Model Y.
In spy photos, the front end already looks to be carried over, and it might receive similar efficiency improvements from improved aerodynamics. A quieter interior from higher use of acoustic glass seems likely, and most of the interior improvements also seem like they would carry over. That probably also includes the steering column stalk deletion, so if you’re looking for a Model Y with stalks, you don’t have a lot of time left (feel free to use our referral link in that case).
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KYMCO, a leading Taiwanese scooter maker, has just announced the next step in its growing partnership with US-based electric motorcycle company LiveWire. The long-awaited KYMCO RevoNEX electric motorcycle will now be built on the Arrow S2 platform developed by LiveWire.
The pair of companies showed off the latest design for the RevoNEX electric motorcycle in a joint announcement at the 2024 EICMA Milan Motorcycle Show, with KYMCO Chairman Allen Ko riding the motorcycle out to the center stage in a dramatic unveiling.
KYMCO Chairman Allen Ko unveils the new RevoNEX
The RevoNEX has been years in the making and undergone several key design updates on its circuitous path from concept to hopeful production. While previous versions have skewed much further in the direction of concept bikes, KYMCO’s partnership with LiveWire has allowed the RevoNEX to be reworked on top of an existing motorcycle platform already in serial production.
LiveWire uses the S2 Arrow platform for its Del Mar and Mulholland electric motorcycles, with the platform specifically designed as a versatile foundation that would allow a multitude of options for various motorbikes. Now one of those options will be under the KYMCO badge with a unique styling unlike anything we likely would have seen from LiveWire.
“Every detail of the new RevoNEX has been meticulously crafted to bring riders the most unique electric riding experience,” said KYMCO Chairman Allen Ko. “And we are determined to bring the new RevoNEX to consumers in the shortest time.”
When I pressed Mr. Ko on that timeframe, he explained that their target is to follow shortly behind LiveWire’s intended launch of its upcoming Arrow S2-based electric maxi-scooter built in collaboration with KYMCO, which is slated for the first half of 2026. Ko added that he hopes the RevoNEX will be ready to launch by the second half of 2026.
Left: KYMCO Chairman Allen Ko; Right: LiveWire CEO Karim Donnez
This marks the best chance for KYMCO’s RevoNEX to land on a path to production and further underscores the growing relationship between the Taiwanese scooter giant and the American electric motorcycle maker.
While there’s still plenty of time to wait before a potential RevoNEX production version unveiling and eventual commencement of manufacturing, the future certainly appears bright now that KYMCO has selected an advanced platform that could help realize RevoNEX’s long-awaited vision in a realistic timeline.
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Former President Donald Trump arrives for his campaign rally at the Trump National Doral Golf Club in Doral, Florida, on July 9, 2024.
Joe Raedle | Getty Images News | Getty Images
As Donald Trump celebrated his prospective victory on Election Night at Mar-a-Lago, he was joined by a roster of high-profile supporters. Among them were Elon Musk, Robert F. Kennedy, Jr. and Cantor Fitzgerald CEO Howard Lutnick.
One thing those three people have in common: crypto.
It’s an industry that Trump talked little about until recently but has counted on for large amounts of cash for his campaign and related PACs. Getting that money required him to make big promises pertaining to the crypto industry.
Digital asset markets surged on Election Night, with bitcoin hitting a record of over $75,000, as his victory began looking likely. Crypto-linked stocks like Coinbase and MicroStrategy moved higher as well in after-hours trading Tuesday.
With a Republican-controlled Senate on the horizon, Trump has few roadblocks to putting in place a more pro-crypto platform. Here are some of the things he’s pledged to do:
Strategic national crypto stockpile
In Nashville in July, Trump headlined the biggest bitcoin conference of the year. In his keynote address, the former president said that if he returned to the White House, he would ensure the federal government never sells off its bitcoin holdings. However, he stopped short of proposing a formal federal reserve of digital currency.
“For too long our government has violated the cardinal rule that every bitcoiner knows by heart: Never sell your bitcoin,” Trump said during his keynote speech.
Trump pledged to maintain the current level of bitcoin holdings that the U.S. has amassed from seizing assets from financial criminals.
“If I am elected, it will be the policy of my administration, United States of America, to keep 100% of all the bitcoin the U.S. government currently holds or acquires into the future,” he said.
Currently, the U.S. Marshals Service regularly auctions off bitcoin as well as other cryptocurrencies held in the country’s coffers such as ether and litecoin. These sales can sometimes trigger drops in crypto prices, like earlier this year when Germany began to liquidate hundreds of millions of dollars worth of bitcoin it had seized.
“On day one, I will fire Gary Gensler,” Trump said, referencing the Joe Biden-appointed SEC chairman who has taken an aggressive approach to crypto regulation.
The president does not have the power to fire the SEC chair. Even if Trump were to appoint a new chairman, Gensler would remain a commissioner on the independent agency.
Gensler has brought more than 100 actions against crypto firms during his tenure at the helm of the commission. In multiple interviews, the SEC chair has said he believes much of the industry already belongs under its jurisdiction, and its lawsuits are simply bringing the sector under compliance.
Crypto firms argue that the recent legal battles haven’t given the regulatory clarity the industry has been seeking, and they instead reflect a gross overreach by the commission.
Trump also vowed to create a “bitcoin and crypto presidential advisory council.”
“The rules will be written by people who love your industry, not hate your industry,” he said.
Trump has expressly spoken out about his qualms with Sen. Elizabeth Warren, D-Mass., who is widely viewed by the crypto community as an existential threat.
All bitcoin will be mined in America
In June in Palm Beach, Florida, about a dozen bitcoin mining executives and experts sat down with Trump for an hour and a half in a small tea room at the Mar-a-Lago Club. The closed-door session marked the first time the former president took a meeting with the technologists securing the $1.5 trillion bitcoin network by running large banks of high-powered machines.
Less than four hours after Trump’s roundtable wrapped, the former president took to social media to extol the virtues of the bitcoin mining business.
“Biden’s hatred of Bitcoin only helps China, Russia, and the Radical Communist Left. We want all the remaining Bitcoin to be MADE IN THE USA!!! It will help us be ENERGY DOMINANT!!!” Trump posted on Truth Social shortly after his meeting.
Since then, Trump has on multiple occasions reiterated the sentiment.
“If crypto is going to define the future, I want it to be mined, minted and made in the USA,” Trump declared in Nashville.
“We will be creating so much electricity that you’ll be saying, ‘Please, please, President, we don’t want any more electricity. We can’t stand it!'” he added.
Fed rate cuts
In August, Trump said that, if elected, he would lower interest rates.
The Federal Reserve, which guides the country’s monetary policy, sets the benchmark rate. It also, by design, operates independently from the White House.
Fed Chair Jerome Powell in September decided to slash rates by a half point in its first easing campaign in four years.
Rate cuts and the easing of monetary policy historically dovetails with a surge in crypto prices since it makes it cheaper to borrow money.
LiveWire, the electric motorcycle company spun out of Harley-Davidson, is flexing the versatility of the company’s S2 Arrow powertrain with the unveiling of an electric maxi scooter.
A maxi-scooter is a type of large, powerful scooter designed for comfortable riding. Unlike traditional urban-oriented scooters, maxi-scooters typically have more powerful motors that make them suitable for highway travel. They tend to feature a more robust frame, larger wheels, and extra storage space, along with more premium amenities such as windshields, comfortable seating, and often more advanced tech features. LiveWire is likely to lean into all of those opportunities by leveraging its existing electric motorcycle S2 Arrow powertrain for the new design.
The S2 Arrow powertrain was first unveiled during the launch of the LiveWire S2 Del Mar. The powertrain includes the structural battery, electric motor, and the associated control hardware. LiveWire demonstrated the platform’s flexibility by quickly launching a second model, the S2 Mulholland, on the platform.
Now LiveWire is making a major leap to fully realize the platform’s broad appeal for designing diverse models, using it as the backbone for its upcoming electric maxi-scooter slated for launch in the first half of 2026.
With the success of electric maxi-scooters like the BMW CE-04, LiveWire has surely been looking closely at how the segment could leverage the performance of its versatile e-motorcycle platform.
LiveWire won’t rely only on its own platform to bring the electric maxi-scooter to market, but also on the expertise of KYMCO, a leading Taiwanese scooter company that has long dominated the market with its wide range of scooters, both gasoline and electric-powered.
“LiveWire is an iconic leader in electric solutions for urban mobility, explained KYMCO Chairman Allen Ko. “We are excited to partner with them as LiveWire embarks on the development of a S2-based electric maxi-scooter.”
KYMCO became an early investor in LiveWire and the two companies are now strengthening their relationship with increased collaboration on multiple electric motorbike models.
“The collaboration has been very smooth,” said LiveWire CEO Karim Donnez in an interview with Electrek. “We’ve found the KYMCO team very easy to work with.”
Donnez explained that the two companies have continued to strengthen their work together, with the hemispheric separation between them allowing the unique opportunity for nearly 24-hour progress. Plans are in the works for a geographic exchange of employees to further integrate the teams and allow more seamless collaboration between the two companies.
And the fruits of that cooperation are already showing with the unveiling of the updated KYMCO RevoNEX electric motorcycle, which has been redesigned based on the S2 Arrow platform. Assuming LiveWire’s electric maxi-scooter makes it to market first, the RevoNEX would become the fourth model launched on LiveWire’s S2 Arrow foundation.
Early responses have been largely positive to LiveWire’s release of concept images of its upcoming electric maxi-scooter on social media.
LiveWire’s branding and marketing has always sought to distinguish itself from the brand’s Harley-Davidson roots, allowing the young motorcycle company to emerge from behind H-D’s shadow and largely do its own thing, focusing on a different type of rider with distinct demands and desires.
The inclusion of a powerful electric maxi-scooter in the lineup is likely to help underscore that independence, with LiveWire continuing to focus on a younger, more urban audience that increasingly sees two-wheelers less as an identity and more as a lifestyle, merging fun riding with utilitarian commuting.
It’s of course far too early to tell how the bikes will ultimately be received. We’ve yet to see LiveWire’s electric maxi-scooter concepts in the flesh, indicating there’s likely still some significant design time left in the development cycle. But one thing is already for certain: LiveWire is increasingly doing its own thing and the company wouldn’t have it any other way.
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