BMW of North America established a new quarterly benchmark in the third quarter, delivering 4,337 battery electric vehicles. The automaker is expanding its EV portfolio, expecting to boost sales even further with the BMW i7, set to arrive at US dealerships in the fourth quarter.
BMW achieves strong Q3 sales as EV deliveries pick up
In the third quarter, BMWâs overall sales grew 3.2% as the luxury automaker continued to see strong demand for its fully electric models.
BMWâs Chief Financial Officer, Nickolas Peter, said last week the automaking group had a âturbulent yearâ globally with lockdowns in China, lingering supply chain issues, and rising energy costs from the war in Ukraine.
Peter answered questions about energy supply by saying, âthe gas issue will not have any direct impact on us this year,â although BMW expects to continue seeing pressure this year due to rising costs.
In the United States, BMW has no issues selling EVs, the only challenge is keeping up with demand. However, the automaker also believes it will take a massive leap in 2023 due to soaring demand for electric vehicles. As CEO of BMW North America, Sebastian Mackensen states:
The customer demand and enthusiasm for BMWâs electric vehicles has been there from the start.
After retiring the BMW i3, the first of BMWâs âi-series,â in January 2022 after a nine-year run, the German automaker revamped its electric brand. BMW currently offers two fully electric models in North America, the BMW iX UV and the BMW i4.
The BMW iX M60 Source: BMW
Increased availability of these models âfueled sales growthâ during the third quarter as BMW delivered 4,337 pure EVs in Q3, including 1,727 iX models. The automaker expects US EV sales to continue picking up as Mackensen explains:
With the support of our dealer partners, we expect this momentum to accelerate through the fourth quarter, resulting in a strong finish to the year.
BMWâs first fully electric 7-series model (its largest yet), the i7, will arrive at US dealerships in the fourth quarter. The full-sized EV sedan takes luxury driving to the next level with massaging Merino leather seats, a Panoramic Sky Lounge LED roof, and much more.
Depending on when the i7 begins arriving, it may or may not show up in BMWâs fourth-quarter sales, but it should make a difference in 2023 as the automaker expects a big year for EV deliveries.
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In a bid to get it above the $1.00/share NASDAQ-required minimum, fledgling EV brand Polestar ($PSNY) is rumored to be considering a 1:30 reverse stock split that could see the per-share price rocket up to nearly $16.
Geely-owned Volvo spinoff Polestar is working as hard as Tesla to prove that stock prices have little or nothing to do with traditional business fundamentals in 2025.
Thatâs because Polestar posted a 36.5% increase in retail sales and a heady 48.8% increase in revenue (to $2.17 billion) over the year before, Polestarâs share price has plummeted more than 35% in a matter of a few weeks â culminating in an unwelcome nastygram from NASDAQ threatening to delist the companyâs shares from the NASDAQ if they didnât climb back up above $1.
In a reverse stock split, each share of the company is converted into a fraction of a share â so, if a company announces a one for ten reverse stock split (1:10), every ten shares that you own will be converted into a single share. In a 1:30 reverse split like the one rumored here, every thirty shares in Polestar would become a single share.
The reverse split increases share price, but itâs not without risk:
A company may declare a reverse stock split in an effort to increase the trading price of its shares â for example, when it believes the trading price is too low to attract investors to purchase shares, or in an attempt to regain compliance with minimum bid price requirements of an exchange on which its shares trade ⊠investors may lose money as a result of fluctuations in trading prices following reverse stock splits.
Thatâs especially relevant because, despite the increased sales and revenue, the company is also posting increased losses. Through September, the brand posted a $1.56 billion net loss compared to an $867 million loss in the first nine months of 2024. The company is also getting hit hard by Trump-imposed tariffs in the US and increased downward pressure on pricing coming from aggressive post-tax credit discounts from rival brands like BMW and Kia.
If the split does happen, hereâs hoping Polestar can make the most of their borrowed time and they donât end up like Lordstown Motors or Faraday Future â two brands that have pulled similar reverse stock splits with dubious results.
You can find out more about Polestarâs killer EV deals on the full range of Polestar models, from the 2 to the 4, below, then let us know what you think of the three-pointed starâs latest discount dash in the comments section at the bottom of the page.
SOURCE: CarScoops; images via Polestar.
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With its sleek, uncluttered styling and more than 100 miles of battery-electric range before the extended range electric sedanâs gas engine kicks on, maybe the new Nissan N6 really should have been the next Maxima!
Struggling Japanese carmaker Nissan is dealing with an aging lineup and a brand identity driven more by subprime financing than any suggestion of reliability or sportiness here in the US â but overseas? The brand is rolling out hit after hit, and the latest Nissan N6 plug-in sedan promises exactly the sort of entry-level panache that could change its American fortunes.
âUnder our Re:Nissan plan, we are redefining what Nissan delivers today and beyond,â explains Nissan President and CEO Ivan Espinosa. âItâs about strengthening our core, reigniting Nissanâs heartbeat, and creating products that inspire excitement and trust. It is about a sharper, more focused product strategy, a stronger brand, and a renewed commitment to our customers. Integral to this transformation is China â an essential market whose speed, technological leadership, and customer insights are setting the pace for the global auto industry.â
Developed by the Nissan Dongfeng JV in China, the new N6 is more compact that the well-received N7 BEV. In fact, the new Nissan N6, at 190.1âł long, compares nicely to the 192.8âł length of the most recent (and largest-ever) US Maxima, discontinued in 2023. Like the Maxima, the top-shelf version features modern, near-luxe features like soft, leather-like surfaces, LED mood lighting, multi-way adjustable seats, and mimosas or something.
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Mimosas or something
Mimosas; via Nissan.
The four or five passengers inside the N6 are propelled down the road exclusively by the carâs 208 hp electric motor, which is efficient enough to take you 112 miles on a full charge of its 21.1 kWh LFP battery. Once that charge is depleted, a 1.5L gas engine kicks on as a high-efficiency generator to keep the good times rolling.
Nissan says the N6âČ exterior design, âfeatures a V-Motion signature grille and expressive LED lighting at the front and rear.â And says that the carâs crisp lines give it, âa confident, dynamic presence.â
All of which sounds good on its own, but sounds absolutely miraculous when you consider the carâs Chinese price: „106,900 â or about $15,000 US for the base Nissan N6 180 Pro, as I type this.
Even with a nearly 100% markup to give it a $29,990 price tag in the US, I think the N6 would be a huge hit in the North American market. And â good news! â thanks to Canadaâs apparent willingness to give Chinese carmakers a shot, we might find out if Iâm right somewhat sooner than later.
Check out the Nissan N6 image gallery, below, then let us know what you think of the carâs US and Canadian appeal in the comments.
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Whether youâre prepping for winter power outages, loading up the RV for a long-haul trip, or want clean, reliable power anywhere you go, BLUETTI has a portable power option for every need. And right now, the clean energy experts are offering up to 65% off their most popular products for Black Friday â plus theyâve just dropped two major new releases: the Elite 400 and B500K expansion battery.
Hereâs a complete guide to whatâs new, whatâs on sale, and how to pick the model that fits your lifestyle best. There are also some special deals just for Electrek readers, so donât miss out!
For home backup + outdoor adventures: Elite 200 V2 and all-new Elite 400
Elite 200 V2 â Best value for backup, camping, and van life
BLUETTIâs Elite 200 V2 is designed for power users who need versatility. Itâs nicknamed the âSwiss Army Knifeâ of portable power stations because it powers everything from your fridge to your laptop â whether youâre off the grid or just want to keep the lights on during a storm.
Key specs:
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Battery capacity: 2,073.6Wh
Continuous power output: 2,600W (3,900W surge)
9 output ports: AC, DC, USB-C, and more
Recharges to 80% in just over one hour
Ultra-quiet 16 dB operation
LiFePOâ battery with a 17-year lifespan (3,500+ cycles)
Who itâs for:
RVers, weekend campers, off-grid explorers, small cabin owners
Homeowners looking for dependable backup power
Commonly powered devices: Mini-fridges, coffee makers, power tools, microwaves, kettles, electric blankets, laptops, LED lights, wifi routers
Its compact profile makes it easy to tuck away in an RV cabinet, trunk, or apartment closet.
Elite 200 V2 Portable Power Station is regularly priced at $1,699, and itâs on sale for the record-low price of $699 â thatâs a 59% discount for Black Friday and Cyber Monday.
Elite 400 Rolling Power Station â New and optimized for home
Launching November 15, the Elite 400 is a powerful 3.8kWh portable station designed with mobility and backup readiness in mind. With built-in wheels, a telescoping handle, and side grips, you can roll it anywhere â even if youâre flying solo.
Key specs:
Battery capacity: 3,840Wh
Continuous power output: 2,600W (3,900W lifting power)
9 output ports for simultaneous device charging
15ms UPS switchover during power outages
Recharges to 80% in 70 minutes using AC + solar
Low standby energy use (3W) with app-control wakeup and timers
Commonly powered devices: Full-size refrigerators, sump pumps, CPAP machines, space heaters, power tools, projectors, outdoor cooking appliances, large TVs
Whether youâre powering your home in a blackout or running a campsite movie night, the Elite 400 delivers enough capacity to handle just about anything.
The new Elite 400 Portable Power Station is regularly priced at $2,999, and itâs making its debut on November 15 for $1,499 â thatâs a 50% discount for Black Friday and Cyber Monday.
For whole-home power and off-grid living: Meet the new B500K expansion battery
If youâre looking for a system that grows with your energy needs, the B500K expansion battery delivers massive storage potential at a competitive cost of around $0.33/Wh â making it an excellent choice for users seeking higher capacity than the well-acclaimed B300K. Paired with the Apex 300, it also qualifies for the soon-to-end 30% Federal Tax Credit. Designed to integrate seamlessly into BLUETTIâs modular ecosystem, itâs ideal for home battery backup or off-grid setups.
Key specs:
Supports up to 100 kWh storage (paired with Apex 300 system)
Compatible with BLUETTIâs SolarX 4K, B300K, Hub D1, and more
Acts as both standalone power or an expansion battery
Future-proof with long-term ecosystem integration
The new B500K expansion battery is regularly priced at $2,999, and itâs making its debut on November 15 for $1,699 â thatâs a 43% discount for Black Friday and Cyber Monday.
Ideal bundles:
Apex 300 + B500K: Best for large homes, off-grid living, and whole-home backup. With a larger individual capacity, the B500K enables a plug-and-play power system that can be expanded to a massive 100 kWh with the Apex 300. It provides 3.8 kW of power output and 7,884.8 Wh of capacity in total. The Apex 300 + B500K Home Battery Backup is priced at $4,998, and itâs on sale for Black Friday for $3,098 â thatâs a 38% discount.
Apex 300 + B300K: The Apex 300, paired with the B300K, provides 5.5 kWh of capacity and up to 3.8kW of power output, offering smaller households or remote cabins reliable off-grid energy with room to scale. Itâs an ideal way to support essential loads, such as refrigerators, lights, fans, and wifi routers, without the need to invest in a larger setup. The Apex 300 + B300K is normally priced at $4,098, and itâs on sale for Black Friday for $2,299 âthatâs a 44% discount.
Plus! Both bundles are fully eligible for the 30% federal Residential Clean Energy Credit through December 2025.
For everyday portability: Elite 30 V2 and the new Elite 10
Elite 30 V2 â now in EcoTide colors
If you need lightweight, flexible power for camping, car trips, desk-side charging, or college dorm use, the Elite 30 V2 is the sweet spot. Weighing just 4.3 kg, itâs a portable backup that fits in your backpack or on a small shelf. Plus, it comes in six fun colors.
Key specs:
Battery capacity: 288Wh
Continuous power output: 600W (1,500W surge)
9 output ports including 140W USB-C PD
Charges to 80% in 45 minutes
Quiet operation under 30 dB
10-year LiFePOâ battery lifespan, with a 5-year warranty
Ideal for powering: Laptops, DSLR cameras, portable fans, smartphones, drones, modems, LED lighting, external hard drives
Itâs perfect for digital nomads, travelers, or anyone who needs reliable backup power without adding bulk.
Elite 30 V2 Portable Power Station is regularly priced at $304, and itâs on sale for $199 â thatâs a 35% discount for Black Friday and Cyber Monday. You can buy it on BLUETTIâs website here and on Amazon here.
Sneak preview: The new Elite 10 â pocket-sized power
Launching on November 20, the palm-sized Elite 10 is BLUETTIâs most compact power station yet. Itâs the perfect in-between if a power bank wonât cut it, but you donât want a full-sized power station.
Key specs:
Battery capacity: 128Wh
Power output: 200W AC (300W peak, 400W surge)
5 DC outlets + 200W AC outlet
Fully recharges in 70 minutes
LED light modes: reading, warm, SOS
Perfect for powering: Bluetooth speakers, portable fans, DSLR cameras, tablets, Chromebooks, routers, handheld consoles, mini-fridges
Small enough to slip into a tote, train bag, or glovebox, the Elite 10 is built for everyday carry and quick power access.
The Elite 10 launches next week and is said to be the best budget-friendly option yet â available for under $150, and rumored to go even lower. Youâll be able to grab it on BLUETTIâs website and on Amazon here starting November 20.
Electrek exclusive discounts
In addition to the fantastic Black Friday Cyber Monday sale prices, up to 65% off, BLUETTI is offering a special discount code just for Electrek readers!
95% of BLUETTI products qualify for an extra 5% off with code: ELECTREK5OFF
The new Elite 400 and all Apex 300 series products qualify for 6% off with code: ELECTREK6OFF
Now is the best time to invest in a power system thatâs quiet, clean, and ready whenever you need it â at home or beyond the grid.
The trusted name offers a full lineup of portable power stations to keep you charged â whether a winter storm hits or youâre enjoying outdoor adventures â and stay charged, no matter where life takes you.