VW has sent out an email to ID.4 reservation holders detailing a series of changes that will be made for all ID.4s assembled after January 4, including a price hike, battery supplier changes, and an end to the reservation system as VW predicts ample availability at dealerships.
The $1,500 MSRP increase comes to all 2023 ID.4 SUVs assembled on January 4th or later. Cars assembled before that date will maintain the old MSRP. VW won’t update their website until January 4th, but sent out a table with the new MSRP numbers for all trim levels.
These prices will also apply to current reservation holders. VW says that the actual price of each car will be set by VW dealers, and that their reservation was never meant to “lock in” a price. But we have seen several reservation holders who feel understandably aggrieved by this news of a price hike before they take delivery of a vehicle they’ve been waiting patiently for.
ID.4 Trim
MSRP
ID.4 Standard
$38,995
ID.4 S
$43,995
ID.4 Pro
$43,995
ID.4 AWD Pro
$47,795
ID.4 Pro S
$48,995
ID.4 AWD Pro S
$52,795
ID.4 Pro S Plus
$51,445
ID.4 AWD Pro S Plus
$55,245
VW already increased prices on the 2023 ID.4 by about $1,500 across the board back in August, though they also announced a lower-priced base model. In addition to this, the 2023 model qualifies for tax credits because it’s built in the US, whereas the 2022 model didn’t.
Further, especially right now with high EV demand across the board, you may not be able to find an ID.4 for MSRP, so you may have to do some negotiation with your dealer.
Thankfully, VW sees availability increasing. Due to the production numbers they’re seeing out of their Tennessee plant, VW plans to stop taking new ID.4 reservations going forward. The last day to place a reservation will be January 4th. Soon after that, VW thinks ID.4s will be readily available in their dealerships. VW will maintain their reservation list and keep working through it for any reservations placed before that date.
Part of the reason for this increased availability is due to a change in battery suppliers. Previous ID.4 model years used LG batteries, though the 2023 model was going to switch to SK batteries.
But VW is now contracting for battery supply from both SK Innovation and LG Chem, specifically for RWD vehicles with the larger 82kWh “Pro” pack. From now on, any given RWD 82kWh ID.4 may have a battery from either LG or SK. AWD cars and 62kWh “Standard” and “S” trims will have SK-supplied batteries.
ID.4s with the SK-supplied battery will have faster DC charge speeds, with a 170kW peak instead of 135kW. While VW states that an LG-supplied 82kWh battery can charge from 10-80% in about 36 minutes, the SK-supplied batteries will be able to do the same charge in about 30 minutes, assuming they are on a charger fast enough to supply these peak rates. On slower chargers, both cars should get similar charging speeds.
VW says that you can find out who supplied the battery for your vehicle by looking at the Monroney label affixed to every car, or by logging into your My ID.4 Reservation account. There is also an FAQ there with additional answers.
Battery suppliers may be additionally relevant to buyers due to EV tax credit changes in the Inflation Reduction Act. That act includes requirements for domestic or free trade sourcing of battery components and critical minerals. LG and SK are both Korean companies, but both are currently building battery plants in the US, with SK producing ID.4 batteries at their facility in Georgia.
Those sourcing requirements were set to go into effect by the end of the year, but the US Treasury delayed their guidance to “some time in March.” So for the time being, ID.4s which are assembled in Tennessee should qualify for the full $7,500 EV credit. We’ll hear more soon about whether or not they’ll qualify for the full credit after March.
Electrek’s Take
We understand that there’s a lot of change happening in the EV industry right now, with companies desperately trying to secure battery supply, comply with new tax credit requirements, manage supply chain disruptions and the inflation they are causing, and so on.
But surprising reservation holders with yet another price increase does seem a bit unfair. VW is a large enough company, and they should have worked through enough reservation holders by now, that allowing current reservation holders to lock in their prices would be reasonable. This additional $1,500 isn’t going to be make-or-break for them, but it may be the straw that broke the camel’s back for some customers.
Last year, VW compensated ID.4 reservation holders after a price increase, but we have not heard any similar plan for them to do so this year. Given that there is precedent for this sort of thing, perhaps they could offer a similar program for current reservation holders, assuming they take delivery whenever VW offers it to them.
If you’re looking for a 2023 VW ID.4, check your local dealer inventory and see if you can find one in stock. If you want to get in before the $1,500 price hike, you’ll have to find a car that was built before Jan 4 2023. But also look for a car that was built in the US in order to qualify for the US tax credit.While VW is still delivering to reservation holders, a few dealers may have inventory.
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Deliveries are expected to start in March. The new Model Y hasn’t launched in Europe or North America yet, but it is expected to in the coming months.
The update has received mixed reviews as the updated design is not as well received as the Model 3’s recent design refresh and the specs and feature upgrades are basically in line with the Model 3 refresh.
But Tesla has reportedly received a significant number of orders for the updated electric vehicles.
According to several reports from Chinese bloggers claiming to have information coming from Tesla salespeople (via Car News China), the automaker secured 50,000 Model Y orders on the first day of the design refresh unveiling.
It’s hard to assess how significant this is for Tesla. The automaker delivered about 480,000 Model Ys in China in 2024 – up about 5% year-over-year.
50,000 units would represent just over a month of orders in a single day, but the design refresh was anticipated for about a year. Therefore, there was a lot of pent-up demand for it as people waited for the update to order.
It’s also worth noting that one of the sources claimed that Tesla is guiding that new orders being placed now won’t get delivered until April or May, which was used as evidence supporting the number of orders.
However, Tesla’s Chinese Model Y configurator is still mentioning March deliveries for new orders being placed now:
That’s true for both versions of the new Model Y. Tesla has yet to launch the updated performance version the new electric SUV.
Electrek’s Take
I wouldn’t be really surprised if Tesla secured 50,000 orders for the new Model Y in China, but I would still take this report with a grain of salt. Tesla salespeople have extremely limited visibility into sales beyond their own locations, and the sources appear to be coming from them and are relayed by Chinese bloggers on social media.
That, combined with the fact that the configurator still mentions March deliveries, makes me have doubts.
With that said, 50,000 orders is also not an unbelievable number.
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The rugged new electric SUV will be here before you know it. Jeep is fast-tracking Recon EV production as it prepares for an upcoming launch. Here’s what to expect from Jeep’s new electric SUV inspired by the legendary Wrangler.
Just as Jeep’s first global electric SUV, the Wagoneer S, is arriving at US dealers, the brand is already preparing to introduce another EV.
The Recon was revealed in 2022 as part of Jeep’s new strategy to become “the leading electrified SUV brand” in North America and Europe. Although Jeep launched the Avenger in Europe in early 2023, the Wagoneer S and Recon will be the brand’s first EV models to roll out globally.
The Recon will be Jeep’s first true off-road electric SUV. It’s built from the “ground up to be 100% Jeep 4×4.”Jeep said the new EV is for “those who love to explore extreme adventures in near silence.”
Jeep maker Stellantis said the Recon is “inspired by the legendary Wrangler.” Like the iconic off-roader, it will feature options like removable windows and doors.
With an expected launch just around the corner, Jeep (Stellantis) is reportedly fast-tracking Recon EV production.
When is Jeep launching the Recon EV?
According to MoparInsiders, a source at Stellantis’ assembly plant in Mexico claims production for the new Jeep Recon EV is set for February 24, 2025.
That’s well ahead of expected. After recently introducing the Wagoneer S and Dodge Charger Daytona to the market, Stellantis aims for a smooth launch with the new Jeep Recon EV.
Ahead of its official debut, prototypes of the rugged electric SUV have been spotted in public testing several times. A Recon EV was caught in Michigan with almost no camouflage by the folks at JeepReconForum last month. Inside, a display screen showed a range of 147 miles at 66% charge.
Although that suggests a range of around 223 miles, the production model is expected to be closer to 300 miles. Like the Wagoneer S, which features over 300 miles of driving range, the Recon EV will also be based on Stellantis’ STLA Large platform.
Jeep’s off-road electric SUV will be equipped with its signature Selec-Terrain system, which includes Rock, Mud, and other modes. It will also include standard four-wheel drive for added off-road capabilities. The Recon is expected to pack between 450 to 600 hp with dual EDMs.
According to the report, the Jeep Recon EV will launch in three trims: Willys, Overland, and an even more rugged Moab model.
We caught a glimpse of the Moab trim in 2023 after images leaked out of a dealer event. Over the past few months, the Recon EV has been spotted in public with less and less camouflage.
As it gets closer to production, Jeep’s upcoming electric SUV looks more like a Ford Bronco with a rugged exterior design.
Prices and official specs will be revealed closer to launch, but the Jeep Recon EV is expected to start at around $60,000. More expensive trims, like the Moab, could cost about $80,000. Stellantis will launch the Recon this year in the US and other global markets like Europe, The Middle East, and Asia.
What do you think of Jeep’s Wrangler-inspired Recon? Would you buy one for around $60,000? Drop us a comment below and let us know.
Source: MoparInsiders
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The world’s largest EV maker is making a big statement overseas. In a historic win, BYD officially outsold Toyota in EV sales on its own home turf for the first time last year.
BYD EV sales in Japan topped Toyota in 2024
After squeezing legacy automakers out of China with its low-cost electric cars, BYD is making a strong push into overseas markets.
BYD introduced its first electric vehicle (EV) in Japan in early 2023, the Atto 3. Starting at around $30,000, this SUV competes with popular domestic cars like the Toyota RAV4 and Honda CR-V. It also rivals other EVs on the market, like the Toyota bZ4X and Nissan Ariya.
In its first full sales year, BYD has already outsold Toyota in EV sales in Japan. This accomplishment is even more impressive since Toyota has historically dominated sales in its home market.
According to the Japan Automobile Dealer Association (via CarNewsChina), BYD sold 2,223 EVs in 2024. In comparison, Toyota sold just 2,038 electric cars in its home market last year.
BYD’s EV sales were up 54% compared to 2023, while Toyota’s slipped 30% year over year (YOY). Since launching in 2023, BYD has introduced several top-selling models, including the Dolphin hatchback and Seal sedan.
Starting at just 2.99 million yen ($19,000), the Dolphin competes with top-selling domestic cars like the Toyota Prius and Nissan LEAF.
After launching the Seal last June, widely viewed as its answer to the Tesla Model 3, BYD’s electric sedan was already the top-selling imported EV in Japan by August. BYD’s Seal starts at 5.28 million yen, or around $33,500.
BYD is turning up the pressure in 2025 with plans to launch the Sealion 07 in Japan, its new smart mid-size electric SUV.
Japan’s total EV sales fell 33% to just below 60,000 in 2024, its first YOY decline in four years. Nissan led the market with a roughly 50% share despite LEAF sales slipping nearly 50% (30,749) from 2023. Although Toyota bZ4X sales were up 10%, only 1,012 models were sold in 2024. Toyota’s electric SUV starts at 5.5 million yen ($35,000).
Electrek’s Take
After losing significant market share in China, a critical market for Japanese automakers, BYD is now taking their home market by storm.
Although it’s still a small number, BYD’s growing presence in Japan is impressive. Japan has been a challenging market for foreign brands to compete in. Outside of luxury automakers like Mercedes-Benz, Porsche, and BWM, domestic brands have historically dominated auto sales in Japan.
Toyota accounted for over a third of the market alone last year. After topping Nissan and Honda for the first time in global vehicle sales last year, BYD is laying the groundwork for more growth in 2025.
The Chinese EV leader is expanding with new models launching in Europe, Southeast Asia, Central and South America, and more. Will BYD eventually top Toyota in global sales? As the industry shifts to EVs, BYD is quickly gaining momentum while Toyota lags in key markets.