After Rivian (RIVN) stock earned a big buy rating on Tuesday, shares traded up nearly 9% as investors look for the EV maker to break even. A new analyst sees at least 50% upside for Rivian’s stock price with a “credible path” to breakeven gross margins. Read more…
Author: electrek.co
VW will invest up to $5B into Rivian to form joint venture for next-gen EVs
VW and Rivian have just announced that the two companies will form a joint venture, bringing Rivian’s software expertise to VW’s products and providing an initial $1 billion, and potentially up to an eventual $5 billion, in capital for Rivian to get through its push to deliver its upcoming R2 vehicle. Read more…
Cybertruck recalls, Tesla vs. Camry, Polestar upgrades, and electric flight gets real
CATL battery successfully powers electric plane with 1,800-mile civil aircraft expected
The world’s largest EV battery maker is powering up something even bigger. CATL successfully tested a 4-ton electric plane powered by its ultra-high energy density battery. By 2028, CATL expects to reveal an 8-ton civil electric aircraft with around 1,200 to 1,800 miles (2,000 to 3,000 km) range. Read more…
Save $803 during Blix 4th of July sale, Samsung Bespoke smart electric washer and ventless dryer, Hiboy 5-year anniversary, more
Leading today’s Green Deals is Blix Bikes’ 4th of July sales event that will save you up to $803 on e-bikes with their respective accessory bundles, with models like the Sol Eclipse Cruiser e-bike starting from $1,499. Next, we have the biggest deal to date on Samsung’s Bespoke AI All-in-One 5.3 cubic-foot Ultra Capacity Washer and Ventless Heat Pump Dryer that starts at a new $1,600 low. Then, there is Hiboy’s 5-year anniversary celebration that is not only taking 50% off EVs, like the MAX Pro Electric Scooter at a new $660 low, but the company is also giving you several chances to win free gear and even some e-scooters too! And that’s not all either – if you head down to our links you’ll find several other deals on Jackery’s latest Solar Generator 1000 Plus Roam Kit for on-the-go solar charging, Anker’s 33L electric cooler, Z Grills’ portable pellet grill and smoker, and more. Plus, all the other hangover Green Deals that are still alive and well. Read more…
Rivian is now leasing R1T and R1S EVs in 33 US states
Good news for those looking to lease Rivian’s electric adventure vehicles. Rivian (RIVN) is now leasing its R1T and R1S EVs in 33 US states after adding three more on Tuesday. Read more…
Vineyard Wind 1 just became the US’s largest operating offshore wind farm
Five more wind turbines just came online at Vineyard Wind 1, making it the largest operating offshore wind farm in the US. Read more…
EcoFlow launches massive DELTA Pro 3 that can power 99% of your home appliances
EcoFlow, one of the most well-known names in the portable power station industry, today announced the launch of the company’s new EcoFlow DELTA Pro 3, an ultra-powerful portable power station that EcoFlow says is powerful enough to handle 99% of home appliances. For everything from refrigerators to air conditioning units and more, this is the big boy we’ve been waiting for. Read more…
Polestar launches new 2025 Polestar 2 with more range and a sleek style update
The all-electric fastback that started it all is getting a fresh update. Polestar launched the new 2025 Polestar 2 on Monday with more range and style than ever. Check out the first look below. Read more…
The Tesla Model 3 is now cheaper to lease than a Toyota Camry
The 2024 Tesla Model 3 RWD is now cheaper to lease than the 2025 hybrid Toyota Camry – here’s how it breaks down. Read more…
Tesla is reportedly in talks to use Michelin’s airless tires
Tesla is reportedly in talks with tire giant Michelin to use their latest airless tire technology in the former’s electric vehicle lineup. Read more…
Tesla recalls over 11,000 Cybertrucks over trim detaching and wiper issue
Tesla has issued two new recalls for the Cybertruck over a trim in the bed that can detach while driving and a defective windshield wiper. Read more…
BP’s Castrol invests $50M in Gogoro, leading EV battery-swapping provider
According to a joint announcement, Castrol, a global leader in lubricants and part of the oil giant BP, today announced an investment of up to US$50 million in Gogoro, a global technology leader in battery-swapping ecosystems. Read more…
Tesla CTs get totaled, EV sales going great, and a call for better charging signs
On today’s electrifying episode of Quick Charge, we check out a number of totaled Teslas, question the legitimacy of “boat mode,” and chart the company’s declining sales. Meanwhile, NIO is hitting its sales targets, VW is doubling production of its electric van, and I want 60′ tall illuminated EV charging signs on highways. Read more…
Toyota takes a page from Tesla as it opens Lexus charging stations to other EVs
Despite its slow shift to fully electric cars, Toyota may be learning. Toyota announced it’s opening Lexus charging stations to other EVs in Japan, taking a page from Tesla in the US and globally. Read more…
Mercedes added to NACS ‘coming soon’ page as Tesla slows rollout
Tesla’s NACS support webpage now lists Mercedes along other automakers in its “coming soon” section, though the timeline for Supercharger support has been pushed back for other automakers as Tesla sorts through a chaotic reorganization of its charging team at the behest of CEO Elon Musk. Read more…
Rivian (RIVN) drastically cuts costs as push for first profit ramps up: What to expect in Q2
Rivian (RIVN) is learning from its past as it looks to turn its first profit. The cost of building its vehicles has “improved dramatically” as Rivian slashes costs on its path to profitability. Read more…
Gas stations tell Florida to stop dawdling with $198M in federal EV charger funding
Florida will get $198 million of federal EV charger funding over five years, but Wawa, Buc-ee’s, Busy Bee, and others can’t access it because the state is slacking. Read more…
Volkswagen wants to double ID.Buzz production as three-row electric van hits the US
The iconic Volkswagen Microbus is making a comeback in all-electric form. VW wants to more than double ID.Buzz production as the three-row electric van rolls out in the US this year. Read more…
New York’s largest offshore wind farm just got the official greenlight
Sunrise Wind, New York’s largest offshore wind farm, now has the final permit it needs from the US Department of the Interior’s Bureau of Ocean Energy Management (BOEM) to start construction. Read more…