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A number of Chevrolet dealers across the nation are advertising a new 2024 Silverado EV in 3WT trim at around $60K, which is close to where Hertz is pricing year-old low-mileage examples of the fully electric pickup that are being culled from its rental fleet.

At $74,900, including destination, the Silverado EV 3WT is perhaps a bit pricey. Fortunately, Chevrolet is offering its $7500 Ultium Promise Bonus Cash on all 2024 Silverado EV work trucks. That incentive cuts the cost of the 3WT down to $67,400 before tax and license, which seems reasonable considering it has a 393-mile range that bests other $70K electric pickups and is equipped with a host of comfort and safety features that contradict the bare-bones implication of its “work truck” moniker.

We’ve been tracking dealer discounts on the Silverado EV in our Electric Vehicle Price Guide ever since the work truck first popped up in dealer inventories on the east coast a couple of months ago. Deep discounts and broadening availability are now making the Silverado EV 3WT much more attractive to shoppers. At the top of our list of discounts is Victorville Chevrolet, a dealership eighty miles northeast of Los Angeles that is advertising $19,500 off MSRP on its Silverado EV work trucks, pricing the 3WT at just $55,400. That’s two to three grand less than a previous rental with over 5000 miles on the odo. For buyers hoping to spend less than $50K, Victorville has a couple of Silverado EV 3WT work trucks with the 1FL Fleet Option priced at $49,400. The 1FL Fleet Option swaps the ruggedly attractive gloss-black aluminum rims for utilitarian-looking steel wheels. It also deletes the side steps, dual-level charge cord, and soft-top tonneau that come with the 3WT trim level.

GM dealership markups

If these prices appeal to you, act quickly. Victorville Chevy’s Silverado EV inventory seems to be depleting fast as they’ve systematically increased their discount over the past several weeks. When we updated Silverado EV discounts on our Electric Vehicle Price Guide at the beginning of this month, Victorville’s online inventory showed a total of 35 electric work trucks in stock. As of this writing, less than a dozen remain, including one in 4WT trim that boasts an impressive 450-mile range.

Angelenos that can’t make the trek to Victorville Chevy in time to grab one of their remaining Silverado EVs may want to consider contacting Penke Chevrolet in Cerritos about their in-stock electric work trucks listed at $15,500 off MSRP. If that doesn’t pan out, other LA-area Chevy dealers are showing 2024 Silverado EV work trucks in-transit, some already with modest discounts applied, so an increased supply may drive in-town prices lower in the near future.

Outside of southern California, dealers with Silverado EV work truck discounts worth considering include Koons Chevrolet in Maryland ($15,395 off MSRP), Bomnin Chevrolet in Florida ($14,000 off MSRP), Raymond Chevrolet in Illinois and Platinum Chevrolet in northern California ($13,500 off MSRP), Capitol Chevrolet in Texas ($12,900 off MSRP), Parks Chevrolet in Virginia ($12,777 off MSRP), McLoughlin Chevrolet in Oregon ($12,743 off MSRP), and Hendrick Chevrolet in Georgia ($12,500 off MSRP). Look for discounts on a Chevrolet Silverado EV in your area.

Discounts on the Ford F-150 Lightning are also improving

Dealer discounts on the 2024 Ford F-150 Lightning are starting to turn heads, especially those that qualify for the $7500 Federal EV Tax Credit. For example, Al Packer Ford in Florida has an F-150 Lightning XLT with a standard battery (240-mile range, MSRP $60,090) discounted by a whopping $8602. Stacking the $7500 Federal EV tax credit on top of that discount results in a net cost of just $43,988 before tax and license.

Ford-dealers-F-150-Lightning
2024 Ford F-150 Lightning Flash (Source: Ford)

For those that need more range, Ford of San Leandro in California is advertising an F-150 Lightning Flash (MSRP $71,185) at a $6500 discount, resulting in a $57,774 net cost after applying the $7500 Federal EV tax credit. The Flash trim includes an extended range battery that’s good for 320 miles on a full charge. Find a great deal on a Ford F-150 Lightning near you.

Check our Electric Vehicle Price Guide and Electric Vehicle Lease Guide for the best EV deals in the US.

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Europe’s wind power hits 20%, but 3 challenges stall progress

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Europe’s wind power hits 20%, but 3 challenges stall progress

Wind energy powered 20% of all electricity consumed in Europe (19% in the EU) in 2024, and the EU has set a goal to grow this share to 34% by 2030 and more than 50% by 2050.

To stay on track, the EU needs to install 30 GW of new wind farms annually, but it only managed 13 GW in 2024 – 11.4 GW onshore and 1.4 GW offshore. This is what’s holding the EU back from achieving its wind growth goals.

Three big problems holding Europe’s wind power back

Europe’s wind power growth is stalling for three key reasons:

Permitting delays. Many governments haven’t implemented the EU’s new permitting rules, making it harder for projects to move forward.

Grid connection bottlenecks. Over 500 GW(!) of potential wind capacity is stuck in grid connection queues.

Slow electrification. Europe’s economy isn’t electrifying fast enough to drive demand for more renewable energy.

Brussels-based trade association WindEurope CEO Giles Dickson summed it up: “The EU must urgently tackle all three problems. More wind means cheaper power, which means increased competitiveness.”

Permitting: Germany sets the standard

Permitting remains a massive roadblock, despite new EU rules aimed at streamlining the process. In fact, the situation worsened in 2024 in many countries. The bright spot? Germany. By embracing the EU’s permitting rules — with measures like binding deadlines and treating wind energy as a public interest priority — Germany approved a record 15 GW of new onshore wind in 2024. That’s seven times more than five years ago.

If other governments follow Germany’s lead, Europe could unlock the full potential of wind energy and bolster energy security.

Grid connections: a growing crisis

Access to the electricity grid is now the biggest obstacle to deploying wind energy. And it’s not just about long queues — Europe’s grid infrastructure isn’t expanding fast enough to keep up with demand. A glaring example is Germany’s 900-megawatt (MW) Borkum Riffgrund 3 offshore wind farm. The turbines are ready to go, but the grid connection won’t be in place until 2026.

This issue isn’t isolated. Governments need to accelerate grid expansion if they’re serious about meeting renewable energy targets.

Electrification: falling behind

Wind energy’s growth is also tied to how quickly Europe electrifies its economy. Right now, electricity accounts for just 23% of the EU’s total energy consumption. That needs to jump to 61% by 2050 to align with climate goals. However, electrification efforts in key sectors like transportation, heating, and industry are moving too slowly.

European Commission president Ursula von der Leyen has tasked Energy Commissioner Dan Jørgensen with crafting an Electrification Action Plan. That can’t come soon enough.

More wind farms awarded, but challenges persist

On a positive note, governments across Europe awarded a record 37 GW of new wind capacity (29 GW in the EU) in 2024. But without faster permitting, better grid connections, and increased electrification, these awards won’t translate into the clean energy-producing wind farms Europe desperately needs.

Investments and corporate interest

Investments in wind energy totaled €31 billion in 2024, financing 19 GW of new capacity. While onshore wind investments remained strong at €24 billion, offshore wind funding saw a dip. Final investment decisions for offshore projects remain challenging due to slow permitting and grid delays.

Corporate consumers continue to show strong interest in wind energy. Half of all electricity contracted under Power Purchase Agreements (PPAs) in 2024 was wind. Dedicated wind PPAs were 4 GW out of a total of 12 GW of renewable PPAs. 

Read more: Renewables could meet almost half of global electricity demand by 2030 – IEA


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Podcast: New Tesla Model Y unveil, Mazda 6e, Aptera solar car production-intent, more

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Podcast: New Tesla Model Y unveil, Mazda 6e, Aptera solar car production-intent, more

In the Electrek Podcast, we discuss the most popular news in the world of sustainable transport and energy. In this week’s episode, we discuss the official unveiling of the new Tesla Model Y, Mazda 6e, Aptera solar car production-intent, and more.

The show is live every Friday at 4 p.m. ET on Electrek’s YouTube channel.

As a reminder, we’ll have an accompanying post, like this one, on the site with an embedded link to the live stream. Head to the YouTube channel to get your questions and comments in.

After the show ends at around 5 p.m. ET, the video will be archived on YouTube and the audio on all your favorite podcast apps:

We now have a Patreon if you want to help us avoid more ads and invest more in our content. We have some awesome gifts for our Patreons and more coming.

Here are a few of the articles that we will discuss during the podcast:

Here’s the live stream for today’s episode starting at 4:00 p.m. ET (or the video after 5 p.m. ET):

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BYD’s new Han L EV just leaked in China and it’s a monster

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BYD's new Han L EV just leaked in China and it's a monster

The Chinese EV leader is launching a new flagship electric sedan. BYD’s new Han L EV leaked in China on Friday, revealing a potential Tesla Model S Plaid challenger.

What we know about the BYD Han L EV so far

We knew it was coming soon after BYD teased the Han L on social media a few days ago. Now, we are learning more about what to expect.

BYD’s new electric sedan appeared in China’s latest Ministry of Industry and Information Tech (MIIT) filing, a catalog of new vehicles that will soon be sold.

The filing revealed four versions, including two EV and two PHEV models. The Han L EV will be available in single- and dual-motor configurations. With a peak power of 580 kW (777 hp), the single-motor model packs more power than expected.

BYD’s dual-motor Han L gains an additional 230 kW (308 hp) front-mounted motor. As CnEVPost pointed out, the vehicle’s back has a “2.7S” badge, which suggests a 0 to 100 km/h (0 to 62 mph) sprint time of just 2.7 seconds.

BYD-Han-L-EV
BYD Han L EV (Source: China MIIT)

To put that into perspective, the Tesla Model S Plaid can accelerate from 0 to 100 km in 2.1 seconds. In China, the Model S Plaid starts at RBM 814,900, or over $110,000. Speaking of Tesla, the EV leader just unveiled its highly anticipated Model Y “Juniper” refresh in China on Thursday. It starts at RMB 263,500 ($36,000).

BYD already sells the Han EV in China, starting at around RMB 200,000. However, the single front motor, with a peak power of 180 kW, is much less potent than the “L” model. The Han EV can accelerate from 0 to 100 km/h in 7.9 seconds.

BYD-Han-L-EV
BYD Han L EV (Source: China MIIT)

At 5,050 mm long, 1,960 mm wide, and 1,505 mm tall with a wheelbase of 2,970 mm, BYD’s new Han L is roughly the size of the Model Y (4,970 mm long, 1,964 mm wide, 1,445 mm tall, wheelbase of 2,960 mm).

Other than that it will use a lithium iron phosphate (LFP) pack from BYD’s FinDreams unit, no other battery specs were revealed. Check back soon for the full rundown.

Source: CnEVPost, China MIIT

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