• News aggregator on electric cars and electric vehicles (cars, motorcycles, boats, planes).

Everything you didn’t know you should know about subsea export cables


You may not currently think much about subsea export cables or even know what they are. But as the offshore wind revolution ramps up for Americans in particular, all the components that transport clean energy from wind turbines to US households will become more familiar. That’s where Nexans comes in. The Paris-based global cable company is going to provide vital subsea export cables to three offshore wind projects in the United States, and those cables will bring the power to the mainland. . More…

General Motors (GM) reports a record $41.9 billion in Q3 2022 revenue and reaffirms earnings guidance


GM shared its Q3 2022 financial report today, which is highlighted by an EBIT-adjusted $4.3 billion bolstered by a quarterly revenue of $41.9 billion. As a result, the American automaker has reaffirmed its full-year earnings guidance as it continues to scale its Ultium platform and expand EV production throughout its marques. More…

Magna will invest $500 million to expand EV facilities and bring over 1,500 new jobs to Michigan


Contract manufacturing superpower Magna International announced it is investing over $500 million to erect two new manufacturing facilities and expand a third in the state of Michigan. The new and expanded Magna facilities will develop components specifically for the growing market of electric vehicles and are expected to create over 1,500 new jobs in Michigan. More…

Lotus unveils Eletre all-electric hyper-SUV starting around $95K that goes 0-60 in under 3 seconds


Fresh off completion of a new production facility in China this past summer, Lotus Cars has officially launched its all-electric hyper-SUV, the Eletre. Today’s announcement includes all the pertinent performance specs and pricing from Lotus, showcasing three different available versions promising speed and luxury. It looks pretty damn cool as well, so let’s get into it, shall we. More…