There’s a lot of dichotomy in that title. But for some reason, it all makes sense when driving the Volvo EX30. After delaying the much bigger EX90 indefinitely, Volvo’s first EV designed from the ground up really shines in so many areas, and of course has one big glaring downside…
Let’s get those eye-watering specs out of the way first.
For those in the US, the size of the Volvo EX30 is about halfway between a Chevy Bolt EV and the 6-inch longer EUV. While Chevy initially tried to call the Bolt a “Micro-SUV”, I think the EX30 with its 7-inch ground clearance and much larger wheels better fits that description. Taking it off-road later cemented that role.
Interior
Maybe the most impressive aspect of the EX30 is the interior design. Clearly Scandinavian-inspired, there’s not a single item that hasn’t been thought over for simplicity or efficiency and so many smart decisions were made here. Volvo took the window buttons and speakers out of the door to simplify. Instead, all of this lies in the center of the vehicle.
The roomy and convenient glovebox is also in the center which leaves a nice open, airy space for the passenger. (By the way, the front trunk or ‘frunk’ isn’t much bigger than a glovebox and will likely be used as a space to store valuables and perhaps charging cables)
The armrests on the door feel like they are floating, while below there is tons of room for storage. The door handles are made of a solid metal material that feels high quality. The seats are firm but comfortable but not in a ‘La-z-boy’ type of smushy way.
The center console is no different. Drawers and cupholders are well-designed and seem to come out of nowhere. USB-C and wireless chargers are both easy to access.
The center stack is running on Google’s Automotive OS but it will still take Carplay or Android projection from your phones. The software wasn’t quite complete at testing but it was similar to Volvo and Polestar’s other offerings albeit with a display that felt a little smaller and cheaper.
Exterior
Volvo, I think, also hit it out of the park with the look shape of the EX30. It looks a lot like its bigger XC40 cousin but also a little more modern and sculpted with more futuristic lights and aero wheels.
We drove a white AWD version and a Gray RWD version but the light blue and moss yellow varieties will turn more heads. I think Volvo could really have some fun with more colorful options here, perhaps taking a cue from apple’s iPads and iMacs for fun inspiration.
The charging port in the driver’s side rear has those little stringed covers that you see in cars that are designed by people who have never had to charge a car. I’d rip those off on day one.
The Drive
Given all the hype around the EX30, I was worried that the drive would feel cheap or sedated or…boring.
Nope! it is so fun to drive and maybe more importantly, it gets out of your way when you just want to get from point A to point B.
The car was also pretty good at sipping electrons, though we didn’t do any scientific testing since we were also trying to push it to its limits off-road and on. Overall, I think that the 265-275 mile range is certainly achievable and perhaps more with some miserly driving.
Volvo says you can charge from 10% to 80% or add almost 200 miles in 26 minutes at the right chargers which the above was not.
Charging is typical with about 150kW CCS combo but Volvo will switch to Tesla’s NACS charger as early as mid-cycle 2024 and will provide adapters for all vehicles in both directions.
Also, we’re happy to report that the EX30 does fine off the road, as we took some scenic detours through some forests and wineries. We found some mud, some hills, and just some beautiful mountain dirt roads to drive on. The EX30 felt right at home here. The 7-inch drive clearance and solid suspension were certainly helpful in crossing ditches and those relatively big tires did well on tight turns. That said, the turning radius felt like that of a bigger vehicle.
One note that though all Volvos are governed at under 118 miles per hour, our AWD EX30 version started getting a little shaky at about 95 miles per hour. Other than that, it drove incredibly solid for a low-priced car.
Also, I do want to report that the lower-end rear-wheel drive version felt really fast and was perhaps more fun to drive than the more powerful AWD variety. If you don’t live where it snows a lot I’d recommend the RWD version or at least test-driving it and perhaps save yourself $10K
Overall Pros:
Amazing price/performance
Size is short but still roomy and nimble
Efficient and beautiful inside and out
Great sound system, lots of storage space
Cons:
Built in China, though Volvo says they are spinning up an EU assembly line. No US manufacturing announced but Volvo says it would take 18 months to do so.
The center screen is small and sometimes hard to read while driving
Rear space is small without a center armrest, rear windows hard to roll down from front
Electrek’s Take
I love almost everything about this car and I fully expect to replace my Chevy Bolt with it in a few years. It drives excellently both fast and off-road, it is the perfect size and it is beautiful inside and out. I have some gripes outlined above (rear armrest, center screen, etc) but nothing physical that would deter me from recommending this car.
My biggest beef is that Volvo isn’t building this locally for the US market and is instead outsourcing it to its sister company Geely in China. That also means it might get hit with a 27% tariff coming in and of course, wouldn’t qualify for the $7500 Federal tax credit unless leased. Volvo was cagey about whether they were on the hook for the 27% US tariff on Chinese-made cars or if they would in fact make a profit on these vehicles sold in the US. That means they might prioritize other markets and only trickle these into the US.
As it stands, this would be the first mass-market Chinese vehicle sold in the US and perhaps a Trojan horse with its beautiful Scandinavian Volvo-clad covering. Smaller selling Chinese vehicles like the Polestar 2 are already sold in the US.
That would be a real shame because this is a truly special car. I don’t understand why they don’t spool up their South Carolina factory to make these as soon as possible (18 months according to Volvo). Even if they can’t make them as cheaply as in China, with all of the incentives it feels like a no-brainer.
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A fully electric Isuzu pickup truck? That’s right. The D-MAX EV is Isuzu’s first electric pickup, and it will be rolling in the next few months. After kicking off mass production, Isuzu said the new EV pickup will “match the performance of existing diesel models,” boasting high towing capacity and payload.
Isuzu’s first electric pickup is launching in 2025
Isuzu announced on Tuesday that the D-MAX EV has officially entered mass production. The company has started building left-hand drive models, which will be shipped to Europe in the third quarter of 2025.
By the end of the year, production of right-hand drive models will begin for the UK, with sales expected to start in 2026.
The electric pickup is nearly identical to Isuzu’s popular gas-powered D-MAX, but swaps the diesel powertrain for a pair of electric motors. The D-MAX EV features new e-Axles, one on the front and the other at the rear, for a full-time 4WD system.
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The dual-motor powertrain enables it to match the performance of existing diesel models, with a combined 188 hp (140 kW) and a maximum torque of 240 lb-ft (325 Nm).
It can also tow over 7,700 lbs (3,500 kg) with a maximum payload of over 2,200 lbs (1,010 kg). That’s about the same as the D-MAX diesel, which has a 3,500 kg towing capacity and a payload capacity of up to 1,200 kg.
Powered by a 66.9 kWh battery, Isuzu’s first electric pickup boasts a driving range of up to 263 km (162 miles) on the WLTP. In the city, it can have a driving range of up to 224 miles (361 km).
Isuzu D-Max EV specs
Drive System
Full-time 4×4
Battery Type
Lithium-ion
Battery Capacity
66.9 kWh
Max Output
130 kW (174 hp)
Max Torque
325 Nm
Max Speed
Over 130 km/h (+80 mph)
Max Payload
1,000 kg (+2,200 lbs)
Max Towing Capacity
3.5t (+7,700 lbs)
Isuzu D-Max EV electric pickup specs
Built for on and off-road performance, the rugged electric pickup features over 8″ (210 mm) of ground clearance with a wading depth of nearly 24″ (600 mm).
Although prices have not been announced, the D-MAX EV is expected to start slightly higher than the diesel model, which has a base price of around € 36,500 ($41,600).
Isuzu’s popular D-MAX is sold in over 100 countries, including Europe, Asia, the Middle East, and Central and South America. The electric version will arrive in Europe in the next few months, followed by the UK and other regions in 2026.
The electric D-MAX will compete with the Toyota Hilux, Ford Ranger, and other electric pickups, such as Geely’s Radar R6, BYD’s Shark, and Ford’s F-150 Lightning.
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For the first time in five years, a Tesla insider required to report Tesla stock transactions bought stocks rather than selling them.
But the transaction is so small that it makes the whole situation hilarious.
Insiders in public companies are top executives and board members who are required to report to the SEC any transaction related to the company’s stock.
For Tesla, it has become a running joke that insiders only sell, never buy the stock.
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This has been true without exception for years.
We don’t know as much about executives as Tesla has a very short top executive bench who are required to file transactions. However, when it comes to its board members, they have been selling at an impressive rate.
However, we now have confirmation that a Tesla board member is buying, rather than selling.
Joe Gebbia, the Airbnb co-founder who joined Tesla’s board in 2022, confirmed that he bought 4,000 shares in Tesla last week worth about $1 million:
Electrek’s Take
Gebbia is estimated to be worth over $7 billion. Therefore, his purchase of $1 million worth of Tesla stock would be equivalent to my buying a fractional share in Tesla.
Furthermore, the disclosure confirmed that despite being on the board for the last 3 years, Gebbia owned only 111 shares in Tesla before the transaction.
That’s quite the show of confidence in Tesla.
Thie whole situation with the board is disappointing. Tesla’s core business is melting. The company reported its worst quarter in years last week, and the stock surged 20%.
None of it makes any sense.
The board is sitting on its hands while the most powerful force accelerating the advent of electric transport is being destroyed in favor of nonsensical predictions about the potential of solving self-driving and humanoid robots.
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Venmo, long a centerpiece of PayPal‘s growth story but often criticized for its lack of monetization, is becoming a bigger contributor to the business.
PayPal said Tuesday in its first-quarter earnings release that revenue at Venmo increased 20% year-over-year in the first quarter, though the company didn’t provide a dollar figure. PayPal acquired Venmo in 2013 through the acquisition of parent company Braintree.
While it’s long been a popular consumer service for sending money to friends, Venmo’s ability to drive meaningful revenue has been a major question mark for investors, especially as competition from rivals like Zelle and Square Cash has intensified.
Venmo’s total payment volume rose 10% from a year earlier, but revenue grew twice as fast, reflecting the business opportunity. Venmo only gets revenue from specific products like Pay with Venmo at online checkout, Venmo debit cards, and instant transfers, but not from peer-to-peer payments.
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Ahead of the earnings report, Jefferies analysts noted that Venmo revenue growth appeared to be “accelerating sharply” and flagged its rising contribution to branded checkout as a key area to watch. Compass Point analysts similarly said that while competition from Zelle and Square Cash remains fierce, Venmo’s traction with debit cards and online checkout could “open up new monetization avenues” if adoption trends continue.
The company added nearly 2 million first-time PayPal and Venmo debit card users during the quarter, and total debit card payment volume across PayPal and Venmo climbed more than 60%. Meanwhile, Pay with Venmo transaction volume surged 50% year over year, and Venmo debit card monthly active users grew about 40%.
PayPal reported better-than-expected earnings for the quarter but missed on revenue. The company reaffirmed its full-year guidance, citing macroeconomic uncertainty.