Boutique luxury sports car maker Wiesmann has announced that the EV roadster representing the marque’s renaissance has already sold out its entire first year of production before it commences in Germany next year. Starting at an MSRP over $320,000, Wiesmann is promising its “Project Thunderball” EV will have ultra-fast charging, acceleration, and power – all packed into a “sticky” and dynamic two-seat configuration.
Wiesmann GmbH is a custom, hand-built automaker that specializes in luxury convertibles and coupes. The company was founded in 1988 by Wiesmann brothers Friedhelm and Martin focused on quality cars that stick to the road – part of the reasoning behind the automaker’s gecko logo.
During its pre-EV era in the early ’90s, Wiesmann delivered a custom “MF” line of models powered by BMW engines and transmissions. By the early 2000s, the automaker was releasing GT versions of the MF series with intentions to export them to the US.
Those plans fell through, however, due to high exchange rates and costs to modify Wiesmann vehicles to become street legal stateside. By 2014, the company had been “temporarily closed” due to the inability to pay its debts. Current CEO Roheen Berry purchased what remained of the boutique marque and Wiesmann was born again during the pandemic.
Eight years felt like a lot more than a “temporary closure,” but Wiesmann returned to the market in mid-2022 with a stylish new roadster EV called “Project Thunderball.” With production scheduled to begin next year, Wiesmann has shared that the first batch scheduled for year one is completely sold out… we’re just trying to figure out how many EVs that actually entails.
The “Project Thunderball” EV roadster convertible / Credit: Wiesmann
Wiesmann’s new EV sold out through 2024, but how many?
Per a release from the reborn German automaker this morning, its order book for the Project Thunderball EVs opened last September and has since been filled. Wiesmann states that production of the roadster EVs will begin in 2024 at its “Gecko” facility in Dülmen, Germany, where, “cutting-edge manufacturing technology and skilled craftsmanship come together to deliver the brand’s unique blend of precision engineering and bespoke coach-building expertise.”
However, one thing that remains unclear is the production capacity Wiesmann’s Gecko facility is capable of, and how many orders a sold out first year of EV production actually entails. We’ve asked the automaker for clarification and are waiting to hear back. Since EV will be hand built, we aren’t expecting massive output numbers, especially in its first year, but it would be nice to know what the automakers target are and how many have been spoken for.
As a relatively boutique marque looking to rebound from previous business follies, Wiesmann 2.0 is asking big bucks for its first EV to the tune of 300,000 euros (~$321k). But if it can deliver the specs its Project Thunderball EV is promising, Wiesmann should make a select group of affluent customers very happy with their purchase.
The two-seat roadster will come equipped with a dual motor RWD configuration, capable of 680 hp, 1,100 Nm (811 lb-ft) of torque, 0-100 km/h (0-62 mph) in 2.9 seconds, and a targeted range of 500 km (311 mi) (WLTP). It will also be capable of 300 kW DC fast charging and offer “near perfect weight distribution.” Wiesmann owner and CEO Roheen Berry spoke to the demand for the upcoming EV:
We are all extremely proud that Project Thunderball – the car which heralds the return of the storied Wiesmann brand – should resonate so strongly with driving enthusiasts from around the world. We knew that combining the timeless design, luxury, and hand-crafted finish that Wiesmann is renowned for, together with a state-of-the-art electric powertrain that delivers exceptional performance, range and charging and our own technology, including the innovative regenerative braking system, would result in a truly captivating and iconic car. To have already sold out the first year of production proves the unique appeal of Project Thunderball and represents a phenomenal start to a Wiesmann’s new, electrified era.
Production and deliveries of Wiesmann’s Project Thunderball EVs are expected to begin in 2024. In the meantime, you can check out the roadster EV prototype in action below.
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In a move that underscores the growing instability in international e-bike trade, premium electric bike maker Riese & Müller has paused all e-bike shipments to the United States, citing unpredictable steel tariffs as the final straw.
The German brand, known for its high-end urban and cargo e-bikes, informed US dealers this week that it is halting exports for the foreseeable future. While the company pointed to the recent reinstatement of a 50% tariff on certain steel components from overseas, including Germany, the broader issue here seems to be the chaotic and ever-shifting tariff landscape surrounding e-bike imports.
“We need to take a few days to carefully evaluate this situation and its implications before proceeding with further steps,” explained the company in an email to its dealers in the US, according to Bicycle Retailer.
This isn’t the first time tariffs have disrupted the flow of electric two-wheelers into the US. The Trump administration’s Section 301 tariffs targeting Chinese goods initially shook up the industry during the administration’s first term, hitting Chinese-made e-bikes and components with 25% duties before being temporarily suspended. Those tariffs whipped back and forth as exclusions came and went, then became a double whammy after the Trump administration’s “reciprocal” tariffs added even more hardships to e-bike importers in the US. And now, as of July 1, additional steel tariffs have expanded the uncertainty.
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What’s unusual in Riese & Müller’s case is that most e-bikes – even expensive ones – use relatively little steel compared to aluminum. Frames, forks, wheels, and most structural components are increasingly made from aluminum alloys or carbon fiber. But with the tariff code system as vague and inconsistently enforced as it is, it seems R&M simply doesn’t want to take the risk of unexpected import costs – or the administrative mess that comes with it, including having to account for how much of a bike is produced from steel components and what the value of those components proves to be.
The impact on the US market will likely be minor in volume; Riese & Müller is a premium but somewhat boutique brand with a loyal yet small customer base. Still, this is a canary in the coal mine. If even premium brands are choosing to step away from the US market over tariff unpredictability, what happens when larger, mass-market brands start running into similar issues?
For now, dealers in the US are being told to sell through existing stock and not take additional orders until the company can determine whether it will be able to continue importing e-bikes into the US. But if the trade war tariffs contineu, this may not be the last premium brand to throw in the towel – at least temporarily.
Electrek’s Take
This isn’t just about one German e-bike brand putting things on pause – it’s a red flag for the industry. While Riese & Müller may be small in terms of US volume, their decision shows how unpredictable tariffs, even on seemingly minor components, can create enough uncertainty to shut down an entire market channel. Most e-bikes are made primarily from aluminum, not steel, but when customs enforcement can interpret tariff codes in vague or inconsistent ways, no brand wants to gamble on a five-figure shipment getting hit with a surprise 25-50% fee.
What’s more concerning is that this adds to a growing stack of trade policy hurdles facing e-bike makers: China-focused tariffs, broader “reciprocal” tariffs, battery import duties, and now steel restrictions hitting European brands too. There’s no coherent strategy here, just a patchwork of protectionist measures that hurt importers, confuse dealers, and raise prices for consumers. If the US wants to promote micromobility and clean transportation, it’s going to need smarter policies than this.
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Solar is taking off across Africa in a big way. According to a new analysis of China’s solar panel exports data from energy think tank Ember, solar panel imports into the continent jumped 60% in the 12 months through June 2025, setting a record that could reshape electricity systems in many countries.
In that period, Africa imported 15,032 megawatts (MW) of solar panels, up from 9,379 MW the year before. While South Africa has dominated past surges, this wave is happening across the map: 20 countries set new import records, and 25 countries each brought in at least 100 MW, compared to just 15 a year earlier.
Nigeria overtook Egypt to become the second-largest importer with 1,721 MW, while Algeria surged into third with 1,199 MW. Growth rates in some countries were staggering: Algeria’s imports jumped 33-fold, Zambia’s eightfold, Botswana’s sevenfold, and Sudan’s sixfold. Liberia, the DRC, Benin, Angola, and Ethiopia all more than tripled their imports.
Still, import numbers don’t tell the whole story. It’s unclear how many of these panels have been installed yet. Muhammad Mustafa Amjad of Renewables First, an energy transition think tank in Pakistan, pointed out that countries risk losing valuable time and opportunities without proper tracking. “Africa’s transition will happen regardless,” he said, “but with timely data it can be more equitable, planned, and inclusive.”
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If these panels do get installed, the impact could be massive. In Sierra Leone, the past year’s imports alone could cover 61% of the country’s 2023 electricity generation. For Chad, it’s 49%. Liberia, Somalia, Eritrea, Togo, and Benin could all boost generation by more than 10% compared to 2023, and 16 countries could see increases of over 5%.
The economic case is also strong. In Nigeria, solar savings from replacing diesel could repay panel costs in just six months, or even less in other countries. In fact, in nine of Africa’s top 10 solar panel importers, the value of imported refined petroleum outweighed solar imports by factors of between 30 to 107.
Ember’s chief analyst, Dave Jones, called the surge “a pivotal moment,” urging more research and reporting to keep pace with the rapid rise to “ensure the world’s cheapest electricity source fulfills its vast potential to transform the African continent.”
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Hyundai and Kia vehicles are popping up on US roads more than ever, and a lot of it has to do with EVs. The South Korean auto giants just hit another milestone as they gear up to introduce several new models.
Hyundai and Kia bet on EVs, hybrids for growth in the US
After launching their first hybrid vehicles in the US in 2011, the Sonata and K5, Hyundai and Kia have come a long way.
Today, two out of ten Hyundai or Kia models sold in the US are considered “eco-friendly,” including electric (EV), hybrid, plug-in hybrid (PHEV), and fuel cell electric (FCEV) vehicles.
After 14 years, Hyundai and Kia announced on Monday that combined, they have now sold over 1.5 million eco-friendly cars in the US. In a statement, the company said it continues seeing strong demand for several models, including the Tucson Hybrid, IONIQ 5, and Niro Hybrid.
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Although 14 years is a relatively long time, in the first few years, they only offered a few models. It took 11 years to reach the 500,000 mark in 2022, and in just three years, they’ve since tripled it.
Hyundai and Kia’s eco-friendly car sales in the US since 2011, including EV, hybrid, PHEV, and FCEV (Source: Hyundai)
Since reaching 100,000 in annual sales in 2021, brand sales of eco-friendly cars have grown rapidly. Hyundai and Kia sold 182,627 units in 2022, 278,122 units in 2023, and 364,441 units in 2024. This year, they sold over 221,500 in the first six months, up 20% from the same period in 2024.
Hybrids accounted for over 1.1 million, followed by electric vehicles with nearly 375,000, and FCEVs at just over 1,850 units sold.
2025 Hyundai IONIQ 5 at a Tesla Supercharger (Source: Hyundai)
The Hyundai Tucson Hybrid and Kia Niro Hybrid are the brand’s top-selling eco-friendly cars in the US. Hyundai’s Sonata Hybrid and IONIQ 5 ranked second and fourth. Meanwhile, the Kia Sportage Hybrid and Sorento Hybrid placed third and fifth.
Hyundai and Kia offer 19 eco-friendly vehicles in the US, including eight hybrid and PHEVs, 10 EVs, and just one FCEV.
2025 Kia EV6 US-spec model (Source: Kia)
Both brands sold more vehicles in the US in the first half of the year than ever. With Hyundai now building vehicles at its new EV plant in Georgia, including the 2025 IONIQ 5 and 2026 IONIQ 9, the automaker expects the growth to continue. Kia assembles the EV6 and EV9 at a separate plant in Georgia, and will introduce the EV4, its first electric sedan, in early 2026.
Based on the advanced E-GMP platform, Hyundai and Kia’s electric vehicles offer some of the longest driving ranges, fastest charging speeds, and remain surprisingly affordable.
Hyundai IONIQ 9 (Source: Hyundai)
With leases starting as low as $159 per month, the 2025 Hyundai IONIQ 5 is one of the most affordable EV lease deals in the US. Even the three-row IONIQ 9 is listed with monthly leases as low as $299. That’s pretty cheap for a nearly $60,000 three-row electric SUV.
Hyundai will continue to offer hybrids in response to the changing policies under the Trump Administration. It also plans to add hybrid production in Georgia, starting next year.
Looking to check one out for yourself? We can help you find vehicles in your area. You can use our links below to view Hyundai and Kia models near you.
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