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Last week, Hurricane Ida knocked out all 8 transmission lines into New Orleans. In Baton Rouge, it took out our communications along with our electricity — with the exception of those who had Verizon. Although most of Baton Rouge is getting back online, New Orleans as well as smaller towns and cities still don’t have power.

Someone shared an article by Canary Media with me, and after reading it, I fully agree. We need microgrids here in Louisiana, yet our leaders don’t seem to want them. Advocates have been trying for years to make our local grid resilient, but oddly, our leaders don’t seem to want that. Why?

This isn’t the first time I’ve seen governments (local, state, etc.) purposely refuse to do things that benefit everyone. It’s like they want us to have messed up grids so that we suffer during disasters. The article cited another article by Canary Media that showed the outcome following local authorities’ repeated dismissals of proposals to invest in decentralized and resilient grid upgrades.

In 2016, a New Orleans-based nonprofit, Alliance for Affordable Energy, had a great alternative to Entergy New Orleans’ plan to build a new natural-gas-fired power plant. That idea was to build clean electricity resilience from the ground up — an integrated resilience plan that challenged Entergy New Orleans to try to find an alternative to a central power plant. The plant would be subject to known vulnerabilities — such as the impact of a category 4 hurricane.

The Alliance for Affordable Energy called for pursuing distributed microgrids. The article aptly described these as self-powered islands of solar power, batteries, and backup generation that could provide electricity during grid outages. If only we had these during Ida. Executive director Logan Atkinson Burke shared how this was frustrating. “Had we taken the time and initiative to plan for distributed generation, distributed solar-plus-storage, and more energy efficiency, people would be more prepared to shelter safely and comfortably,” Burke said. “We’ve been advocating for microgrids to be built within the city for years for precisely this reason.”

Here’s Why Entergy Doesn’t Want Distributed Energy

The problem is Entergy’s long-standing opposition to distributed energy. The utility has consistently opposed including local renewable energy and energy storage in its own plans. Utilities also get an incentive when they convince regulators to approve large power plants instead of enabling customer-sited distributed energy such as rooftop solar. The article pointed out that vertically integrated utilities such as Entergy are paid a guaranteed rate of return on capital investments, including power plants. Self-supplied customer energy reduces the revenue and profits Entergy and other utilities earn from selling electricity.

It’s all about money, profits, and greed. They make more money from weakening our defenses against disasters such as Ida than they would from strengthening them. And we, the people, end up paying the price. And our government readily caters to this greed. Not just Louisiana’s — this trend is seen elsewhere as well.

Car dealerships in Connecticut, for example, lobby legislatures to prevent Tesla and Rivian from coming to their state and opening a sales center. This hurts the economy, but they do it anyway. It’s all about greed, money, and profits.

 

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Tesla now offers discounted financing on Cybertruck as the truck turns out to be a flop

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Tesla now offers discounted financing on Cybertruck as the truck turns out to be a flop

Tesla has started to offer discounted financing on Cybertruck as the electric pickup truck undoubtedly turns out to be a flop.

Tesla claimed over 1 million reservations for the Cybertruck, and CEO Elon Musk said he could see Tesla producing 500,000 units per year.

However, that was before Tesla announced that the production version would be much more expensive and have a shorter range than what was initially announced.

The Cybertruck has now been in production for a year and a half, and it looks like Tesla would be lucky to sell about 10% of Musk’s goal of 500,000 units.

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The automaker doesn’t report Cybertruck sales, but it is estimated that Tesla delivered roughly 40,000 Cybertrucks in 2024, and it is expected to have even more issues selling the truck this year.

Tesla has taken several steps to help sales.

We reported that Tesla launched Cybertruck leases to help move vehicles. The company is even still tucked with “Foundations Series” Cybertrucks, and we found out that Tesla buffed “Foundations Series” badges out of some trucks to sell them as cheaper regular Cybertrucks.

For the remaining “Foundations Series,” which there still are despite Tesla switching to regular Cybertruck production in October, Tesla has even offered free Supercharging for life.

Now, Tesla is stepping up its game, and it is offering discounted financing on new Cybertruck orders:

Tesla announced 1.99% APR for a limited time:

1.99% APR available for a limited time for well-qualified buyers

WIthout the “promotion”, the rate for excellent credit is 5.84%.

While Tesla is discounting the rates, it is not discounting them as much as for new Model 3 orders.

We reported earlier this week that Tesla offers 0% and 0.99% with $0 down on new Model 3 orders in the US until the end of the quarter.

Electrek’s Take

It is very possible that Tesla can’t sell more than 10,000 Cybertrucks this quarter, which would extrapolate to 40,000 units per year or less than 10% of what Elon said he would see Tesla delivering.

Now, the cheaper single motor Cybertruck should help, but by how much? It could bring Tesla to 20-30% of the volume Elon saw possible?

I think it’s fairly clear that the Cybertruck is a flop.

Tesla launched a single new vehicle in the last 5 years and it is a flop.

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Toyota launched its cheapest EV in China and it crashed the server starting at just $15,000

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Toyota launched its cheapest EV in China and it crashed the server starting at just ,000

Toyota looks to grab a bigger share of the world’s largest EV market as it takes aim at BYD and other low-cost leaders. On Thursday, Toyota launched its cheapest EV in China, the bZ3X, starting at roughly $15,000. The new electric SUV crashed the server with over 10,000 orders in an hour.

Meet Toyota’s cheapest EV in China, the bZ3X

The bz3X is Toyota’s “first 100,000 yuan-level pure electric SUV” in China and its cheapest EV to hit the market so far.

Toyota’s Chinese joint venture, GAC-Toyota officially launched the “Bozhi 3X,” or bZ3X for short, in China on March 6. Shortly after, the company said orders for its new electric SUV were “so popular that the server crashed” after revealing prices start at just over $15,000 (109,800 yuan).

After securing over 10,000 orders in just one hour, Toyota boasted again that “the server is overwhelmed.” The launch comes after blind pre-orders opened in December, starting at just under $14,000 (100,000 yuan).

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The bZ3X is available in two versions, with or without its full-scenario smart driving tech. The non-smart tech model starts at 109,800 yuan ($15,000) with five trim options while the smart driving model starts at 149,800 yuan ($20,500).

Toyota-cheapest-EV-China-bZ3X
Toyota launches its cheapest EV in China, the bZ3X (Source: GAC-Toyota)

For 159,800 yuan ($22,000), the range-topping “610 Max” trim provides up to 610 km (379 miles) CLTC range from a 67.92 kWh LFP battery. The base “430 Air” gets up to 430 km (267 miles) from a 50.03 kWh LFP battery pack.

Toyota said the interior provides “a mobile space that is comfortable as home,” with front and rear seats that can fold down to provide nearly 10 feet (3 meters) of space.

Inside, the electric SUV has a 14.6″ infotainment screen with voice recognition and an 8.8″ driver display. It also includes a two-spoke multi-function steering wheel.

Toyota’s new bZ3X is its first vehicle with the Momenta 5.0 Intelligent Driving System. Powered by NVIDIA Drive AGX Orin X, it comes with 25 ADAS features, such as parallel parking, remote control parking, high-speed pilot, light traffic assist, and blind spot monitoring.

GAC-Toyota claimed it will be “one of the first automakers in the world to realize a one-stage end-to-end intelligent driving model.” With human-like intelligence, the vehicle “gets smarter and better with use.”

At 4,600 mm long, 1,875 mm wide, and 1,645 mm tall, Toyota’s cheapest EV in China is about the size of BYD’s Yuan Plus (Atto 3) at 4,455 mm long, 1,875 mm wide, and 1,615 mm tall. Starting at 115,800 yuan ($16,000), Toyota’s new bZ3X slightly undercuts BYD’s electric SUV.

What do you think of Toyota’s new electric SUV? Would you buy one for around $15,000? We’ll keep dreaming.

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New cars from Volvo, VW, Cadillac, and more – plus 0% on Model 3 as Tesla sales fall

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New cars from Volvo, VW, Cadillac, and more – plus 0% on Model 3 as Tesla sales fall

It’s been a big day for big reveals with the all-new Volvo ES90, a new compact electric city car from Volkswagen, plus a pair of new, over-the-top EVs from General Motors that perfectly exemplify American excess. All this and maybe the dawn of the long-awaited “Tesla Killer” on today’s revealing episode of Quick Charge!

GM is practically daring the competition to build a bigger, badder EV with a new, bigger $133,000 Cadillac Escalade and 1,100 hp off-road special in the form of the new Chevrolet Silverado EV ZR2. Finally, you guys are never happy … try to enjoy this episode, anyway!

Prefer listening to your podcasts? Audio-only versions of Quick Charge are now available on Apple PodcastsSpotifyTuneIn, and our RSS feed for Overcast and other podcast players.

New episodes of Quick Charge are recorded, usually, Monday through Thursday (and sometimes Sunday). We’ll be posting bonus audio content from time to time as well, so be sure to follow and subscribe so you don’t miss a minute of Electrek’s high-voltage daily news.

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Drop us a line at tips@electrek.co. You can also rate us on Apple Podcasts and Spotify, or recommend us in Overcast to help more people discover the show.

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