Connect with us

Published

on

Last week, US President Donald Trump announced that his administration would impose a 25% tariff on all cars, trucks, and even automotive parts imported into the country. The tariffs kick in April 2nd, and these are the EVs set to be the hardest hit by those tariffs – if any of these are on your shopping list, you’ll want to act now.

Before you rush to comments and start accusing me of fear-mongering, I fully understand that the tariffs won’t have any real impact on the cost of vehicles currently on dealer lots. Those cars and trucks were imported long ago, pre-tariffs, and any newly imposed import tariffs won’t be retroactively applied (not yet, anyway).

I also fully understand that dealers’ gon’ deal, and I’ve already seen both Chicago-area ads from dealers hawking “pre-tariff deals” on new cars and at least a handful of social media posts about the cars at Manheim (one of the industry’s largest used car auction houses) getting blanket price increases in the wake of Trump’s announcement.

So, while we’ve already done a list of what EVs are built where, I’ve taken the next logical step and put together a list of which EV deals are most likely to disappear once the tariffs hit.

Advertisement – scroll for more content

I’ve done a couple of these now, so you probably already know that there were plenty of ways for me to present this information. “Best EVs ..?” Too opinion based. “Cheapest EVs ..?” Too much research. In the end, I went with alphabetical order, by make. And, as for which deals are new this month? You’re just gonna have to read the article. Enjoy!

Audi e-tron EVs

luxury-automaker-cuts-jobs
2025 Audi Q6 e-tron; via Audi.

Almost all of Audi’s e-tron EVs, from the Q4 all the way up to the stunning RS e-Tron GT Quattro are made in Germany – and have some kind of promotional offer, from Costco cash, to 0.99% subsidized financing to $12,500 in customer bonus cash when you purchase or lease a select, new 2024 Audi RS e-Tron GT Quattro.

BMW iX

Updated-2026-BMW-iX
2026 BMW iX; via BMW.

The BMW iX snatched the top spot in J.D. Power EV satisfaction survey on the back of its dealers’ ability to set expectations, and the iX’s ability to live up to them. Made in Germany, and with class-leading dealer support, it’s the opposite of Tesla’s dealerless model in a lot of ways (even if its turn signals are completely superfluous).

If that appeals to you, you’ll want to snatch up one of these BMW’s before the tariffs jack up their already high price tags.

Jeep Wagoneer S

Jeep-Wagoneer-S-Presidents-Day
Jeep Wagoneer S; via Stellantis.

The original inspiration for this article, the Jeep Wagoneer S seems like an automotive Harmonia – the daughter of Ares (Aries) and Aphrodite whose lineage was cursed by Hephaestus, who was himself enraged by Aphrodite’s infidelity with Ares. Similarly, the Wagoneer S was born out of Stellantis’ misguided attempt to spin an upscale “Wagoneer” sub-brand, Hyundai Genesis-style, out of its Jeep brand. And, like Harmonia, the Wagoneer S had no chance.

That’s too bad, because Jeep’s first real EV could have worn a Grand Cherokee E or something and done OK, without muddying the historic Wagoneer waters. If it had, Jeep buyers would have found a capable, 600 hp EV with nearly 300 miles of EPA-rated range.

The battery-powered Jeep is manufactured entirely in Mexico at Stellantis’ Toluca Assembly Plant, making it subject to the 25% tariff starting April 2nd. But if you buy one before EOD on March 31st, Jeep is offering Wagoneer S models with 0% financing for up to 72 months along with up to $3,000 Bonus Cash Allowance.

Polestar 2

2025-Polestar-2
2025 Polestar 2 (RWD); via Polestar.

Designed in Sweden and manufactured at a factory in Luqiao, China that’s owned by Volvo parent company Zhejiang Geely Holding Group before being imported into the US and marketed as a direct competitor to Tesla, if there was ever an EV that was in the crosshairs of a Musk-led Trump Administration, it would be Polestar.

The company is offering up to $20,000 in Tesla Conquest Cash to Tesla owners looking to trade up into a Polestar, and rumor has it that Geely might try to hold the line on prices as it looks build the brand a foothold in the US. Even if it does, it’s unlikely that $20,000 incentive will last.

Move fast, while someone is still willing to trade you out of your Tesla.

Toyota bZ4X

Toyota-EVgo-EV-fast-charger
2025 bZ4X Limited AWD Supersonic Red; via Toyota.

Despite having a US battery plant that appears to be sitting pretty, Toyota’s bZ4X (along with its Subaru-badged sibling, the Soltera) is manufactured in Japan and imported into the US, which means this five-passenger EV will definitely get slapped around by Trump’s tariffs.

Even so, the bZ4X EV might be the best deal in Toyota’s current lineup with big discounts on both 2024 and 2025 model year bZ4X crossovers happening now.

Volkswagen ID.Buzz

ID.Buzz; via VW.

Despite building one of the most popular legacy-brand EVs, the ID.4, in Chattanooga, TN, Volkswagen’s ID.Buzz electric van is built in Hanover, Germany and imported to the US market. As such, the EV minivan (which has already been criticized for its high price tag) is highly susceptible to additional, tariff-driven price hikes.

If you want one, you’ll want to to move fast.

Disclaimerthe deals described above were sourced from CarsDirectCarEdge, USA Today, and (where mentioned) the OEM websites – and were current as of 30MAR2025. These deals may not be available in every market, with every discount, or for every buyer (the standard “with approved credit” fine print should be considered implied). Check with your local dealer(s) for more information.

Continue Reading

Environment

Kia’s new PV5 ‘Spielraum’ is the ultimate electric camping van and it’s coming soon

Published

on

By

Kia's new PV5 'Spielraum' is the ultimate electric camping van and it's coming soon

Your next camping trip is about to get an upgrade. Kia just dropped two new electric van concepts based on the PV5. With AI-powered home appliances like a refrigerator and microwave, and even a wine cellar, Kia’s new PV5 “Speilraum” is an electric van built for camping and more.

Meet the Kia PV5 Spielraum: An electric van for camping

Kia wasn’t lying when it said its first electric van would offer something for everyone. At the 2025 Seoul Mobility Show on Thursday, Kia and LG Electronics unveiled two new electric van concepts based on the PV5.

The Spielraum electric vans are built for more than just getting you from one place to another. With LG’s AI-powered home appliances, custom interiors, and a wine cellar, the Speilraum models take the PV5 to the next level.

Kia unveiled two new concept vans, the Spielraum Studio and Spielraum Glow cabin. For those wondering, the term Spielraum is German for “Play Space” or leeway. In other words, Kia is giving you more freedom to move.

Advertisement – scroll for more content

The Studio version is designed as a mobile workspace with LG appliances like smart mirrors and a coffee pot. Using AI, the system can actually determine how long your trip will take and will recommend when to use the appliances.

Even more exciting (at least for the vanlifers out there), the Glow cabin converts the PV5 into a mobile camper van.

With a refrigerator, microwave oven, and added wine cellar (you know, for those long trips), Kia’s electric van is sure to upgrade your next camping trip.

Kia-PV5-camping-van
Kia PV5 Spielraum Glow cabin electric camping van concept (Source: Kia)

Kia and LG signed an MOU and plan to launch production versions of the Spielraum electric vans in the second half of 2026. The South Korean companies are also developing a new series of advanced home appliances and other AI solutions that could be included in the vans when they arrive.

The PV5 will initially be available in Passenger, Cargo, and Chassis Cab setups. However, Kia plans to introduce several new versions, including a Light Camper model.

Kia-PV5-Spielraum-electric-van
Kia and LG Electronics unveil two new PV5 Spielraum concepts (Source: Kia)

At 4,695 mm long, 1,895 mm wide, and 1,899 mm tall, the Kia PV5 passenger electric van is slightly smaller than the European-spec Volkswagen ID.Buzz (4,712 mm long, 1,985 mm wide, 1,937 mm tall).

With the larger 71.2 kWh battery pack, Kia’s electric van offers up to 400 km (249 miles) of WLTP driving range. It can also fast charge (10% to 80%) in about 30 mins to get you back on the road.

Kia will launch the PV5 in Europe and Korea later this year, with a global rollout scheduled for 2026. Ahead of its official debut, we got a closer look at the PV5 on public roads last month (check it out here).

Would you take the PV5 Spielraum Glow cabin for camping? Or are you going with the Studio version? Let us know in the comments.

FTC: We use income earning auto affiliate links. More.

Continue Reading

Environment

Tesla Cybertruck’s recall fix is a joke that leaves burn mark and gap

Published

on

By

Tesla Cybertruck's recall fix is a joke that leaves burn mark and gap

Tesla Cybertruck owners are starting to get the fix for the truck’s recent recall related to a falling trim. The fix is ridiculous for a $80,000-$100,000 vehicle as it leaves a weld burn and a panel gap.

Last month, Electrek reported that Tesla had quietly put a containment hold on Cybertruck deliveries.

While the reason was not confirmed at the time, we reported that we suspected that it was a problem with the cantrail, a decorative trim that covers the roof ledge of a vehicle. For the Cybertruck, it consists of the highlighted section below:

A week later, Tesla announced that it recalled all Cybertrucks ever made over an issue with the cantrail: it is falling off the Cybertruck.

Advertisement – scroll for more content

Now, some Tesla Cybertruck owners are starting to receive the “fix” for the recall, but it is quite disappointing for what is a $80,000 to $100,000 vehicle.

A Cybertruck owner in New Jersey was already having issues with his cantrail and had to have his tent system installed, so his truck was already at the service center when the recall happened. He was given back his truck with the fix, but he was disappointed with the results, which left a mark on the cantrail and a significant panel gap. He shared pictures via the Cybertruck Owners Club:

According to the recall notice, the fix is as simple as removing the trim, applying some butyl patches, and reapplying the trim with two new nuts to secure it.

In the case of this Cybertruck, the new nut is leaving a significant gap on the chassis that Tesla should never have felt acceptable to deliver to a customer.

As for the burn or rust mark, the owner speculated that it was a weld mark as they weld the new nut, but there’s no welding required in the fix. Therefore, it’s not clear what happened, but there’s clearly a mark where the new nut is located.

Here’s a video of the process:

Electrek’s Take

Tesla is lucky. Many of its owners, especially with newer vehicle programs, like the Cybertruck, are early adopters who don’t mind dealing with issues like this.

However, this is a $80,000 to $100,000 vehicle, and most people expect a certain level of service with those vehicles.

You can’t have a remedy for a manufacturing defect that results in panel gaps and marks like this. It shouldn’t be acceptable, and Tesla shouldn’t feel good about giving back a vehicle like that to a customer.

On top of all of this, this is a pain for Cybertruck owners with wraps. They are going to have to rewrap the trim and it doesn’t look like Tesla is going to cover that.

FTC: We use income earning auto affiliate links. More.

Continue Reading

Environment

Bitcoin-related startup deals soared in 2024 alongside crypto prices, research shows

Published

on

By

Bitcoin-related startup deals soared in 2024 alongside crypto prices, research shows

Romain Costaseca | Afp | Getty Images

As crypto prices rallied to record highs last year, venture investors piled into new bitcoin-related startups.

The number of pre-seed transactions in the market climbed 50% in 2024, according to a report published Thursday from Trammell Venture Partners. The data indicates that more entrepreneurs entered the bitcoin arena despite a cautious funding environment for the broader tech startup universe.

Bitcoin more than doubled in value last year, while ethereum rose by more than 40%. Early in the year, the Securities and Exchange Commission approved exchange-traded funds that invest directly in bitcoin and then extended the rule to ethereum, moves that brought a wider swath of investors into the market. The rally picked up steam in late 2024 after Donald Trump’s election victory, which was heavily funded by the crypto industry.

The early-stage startup boom dates back several years. According to the Trammell report, the number of pre-seed deals in the bitcoin-native category soared 767% from 2021 to 2024. Across all early-stage funding rounds, nearly $1.2 billion was invested during the four-year period.

“With four consecutive years of growth at the earliest stage of bitcoin startup formation, the data now confirm a sustained, long-term venture category trend,” said Christopher Calicott, managing director at Trammell, in an interview.

Venture capital broadly has been slow to rebound from a steep drop that followed a record 2021. Late that year, inflation started to jump, which led to increased interest rates and pushed investors out of risky assets. The market bounced back some in 2024, with U.S. venture investment climbing 30% to more than $215 billion from $165 billion in 2023, according to the National Venture Capital Association. The market peaked at $356 billion in 2021.

Trammell’s research focuses on companies that build with the assumption that bitcoin is the monetary asset of the future and use the bitcoin protocol stack to develop their products.

Read more about tech and crypto from CNBC Pro

The numbers weren’t universally positive for the industry. Across all rounds as high as Series B, the total capital raised declined 22% in 2024.

But Calicott said he’s looking at the longer-term trend and the increase in the number of pre-seed deals. He said the renewed interest in building on blockchain is largely due to technical upgrades and increased confidence in bitcoin’s long-term resilience.

“Serious people no longer question whether bitcoin will remain 15 or 20 years into the future,” he said. “So the next question becomes: Is it possible to build what the founder is trying to achieve on bitcoin? Increasingly, the answer is yes.”

Trammell has been investing in bitcoin startups since 2014 and launched a dedicated bitcoin-native VC fund series in 2020. Its portfolio includes companies like Kraken, Unchained, Voltage and Vida Global.

Recent reports show momentum in crypto startup funding more widely. In February, crypto VC deals topped $1.1 billion, according to data and analytics firm The Tie.

PitchBook forecasts that crypto VC funding will surpass $18 billion in 2025, nearly doubling the $9.9 billion annual average from the 2023 to 2024 cycle. The firm expects greater institutional engagement from firms like BlackRock and Goldman Sachs to deepen investor trust and catalyze further capital inflows.

Joe McCann, a former software developer, is launching his third venture fund, and said this one will be “exclusively focused on consumer apps in crypto.”

He draws a direct parallel to the internet’s early days.

“In the 1990s, VCs were investing in physical infrastructure,” said McCann, who runs Asymmetric, a digital asset investment firm managing two hedge funds and two early-stage venture capital funds, with $250 million under management. “Ten years later, it was Groupon, Instagram, Facebook — apps built on top. That’s where we are with Web3 right now.”

Don’t miss these insights from CNBC PRO

American Bitcoin co-founder Eric Trump: Crypto's the 'future of the modern financial system'

Continue Reading

Trending