Leo KoGuan has invested more money into Tesla than anyone in the world, yet he can’t even get his concerns heard by the company’s board. The shareholder is frustrated with some of the CEO’s recent controversies, but with the board MIA, there’s no way to reign him in. Read more…
Author: electrek.co
Lamborghini aims to reduce emissions 40% per car by 2030 en route to electric Urus successor
Automobili Lamborghini has shared intentions to expand its “Direzione Cor Tauri” strategy to decarbonize its entire value chain and significantly reduce carbon emissions per car by the decade’s end. The famed hypercar developer’s product timeline includes launching several new electric vehicles, including a successor to the Lamborghini Urus. Read more…
Is this our first look at Rivian’s (RIVN) upcoming R2 EV?
As anticipation builds for Rivian’s (RIVN) next-gen electric vehicle, a new patent filing may give us a glimpse into what we can expect. The patent is for a vehicle headlamp, but the images show what could be our first look at the new Rivian R2 EV. Read more…
Tesla sold one out of every 8 cars in California in 2023, 21.4% EV share
California hit a new record last year with 21.4% of new cars being all-electric, and once again Tesla led the pack with the two best-selling cars in the state, the Tesla Model Y and Tesla Model 3. But Toyota narrowly maintained its leadership as the top-selling brand in the state, with Tesla nipping at its heels. Read more…
GM’s epically bad year still earned it $10 billion – but that’s not due to EV sales
Despite a truly terrible year for GM that involved plants being shut down for weeks due to a union strike, Bolt battery recalls, EV production problems, and the nightmare that keeps on giving that is Cruise, General Motors says it should tally up nearly $10 billion for 2023 – but we certainly don’t owe that to stellar EV sales. Read more…
Volvo delays EX30 SUV due to software glitches
EV drivers looking to get behind the wheel of their new Volvo all-electric SUV EX30 may have to wait a bit longer as Volvo works to resolve some software glitches before delivery – the second time a Volvo EV launch has been delayed due to software. . Read more…
Ecolab partners with Ford Pro to accelerate EV adoption
Ford Pro will collaborate with global sustainability leaders Ecolab to speed up the electrification of its vehicle fleet, with a goal of transitioning to a 100% fully electric commercial fleet by 2030. Read more…
Gogoro launches new Pulse electric scooter as highest performance model yet
After several recent international expansion announcements, Gogoro unveiled its latest electric scooter today. The new model, known as the Gogoro Pulse, relies on the company’s existing swappable battery standard yet ushers in a technological revolution as Gogoro’s highest-performance electric scooter yet. Read more…
Quick Charge Podcast: January 29, 2024
Listen to a recap of the top stories of the day from Electrek. Quick Charge is available now on Apple Podcasts, Spotify, TuneIn and our RSS feed for Overcast and other podcast players. Read more…
Quick EV acceleration is a safety feature, says Stellantis CEO
Quick acceleration is often used as a selling point for high-performance cars, but can it actually be safer? The instant acceleration of an EV not only offers a more nimble driving experience but it should be a safety feature argues Stellantis CEO Carlos Tavares. Read more…
This Texas EV lease company includes unlimited free home charging
Octopus Electric Vehicles just launched DriveFree, a used EV leasing program, and it comes with unlimited free home charging. Read more…
Liebherr launches first-ever electric compact wheel loader
German-Swiss multinational equipment manufacturer Liebherr has has announced that deliveries of its first-ever electric compact wheel loader, the L 507 E, are about to begin. Read more…
BYD expects at least $4 billion in net income from surging EV sales
After a record EV sales year, BYD expects to rake in at least $4 billion in net income. BYD forecasts its profits rising at least 75% last year.. Read more…
Tesla (TSLA) plans to spend $10 billion this year to achieve next growth phase
Tesla (TSLA) confirmed that it is increasing its planned capital spending to $10 billion this year as it tries to achieve its next growth phase. Read more…
Renault cancels Ampere IPO but still launching 7 new models
French automaker Renault just canceled its planned IPO for its EV spinoff Ampere. While the IPO was scheduled for the first part of this year with an expected valuation of up to €10 billion ($10.47 billion), Renault says that market conditions aren’t optimal to make the move. Read more…
Mullen’s electric trucks earn CARB certification, qualifying for over $45k in customer savings
Seven months after kicking off production of its Class 3 electric trucks in Mississippi, EV startup Mullen Automotive has secured fruitful environmental compliance and approvals from CARB and the EPA. As a result, those CARB-compliant states and Washington DC enable tremendous savings to fleet operators who purchase electric trucks from Mullen. Read more…
BYD is launching its new Seal U on Volkswagen’s home turf to rival the ID.4
A new Seal is slated to enter the EV race in Europe. BYD is launching its Seal U, an electric SUV version of the Seal sedan, to take on Volkswagen’s ID.4. Read more…
Grocery giant Loblaw doubles electric semi fleet, has 25 Tesla Semis on order
Canadian grocery chain Loblaw announced that its doubled the size of its fleet of zero-emission semi trucks by deploying 10 new, battery-electric Freightliner eCascadia Class 8 trucks in Vancouver. Read more…
US to use AI to track the impact of offshore wind on endangered whales
Two US environmental agencies say they will start using AI to better monitor the impact of offshore wind farms on marine animals, particularly endangered North American right whales, of which there are only about 360 left in the world. Read more…
Tesla is defending Elon Musk’s anti-union tweet all the way to the Fifth Circuit
Tesla is taking up a fight to defend Elon Musk’s tweet that threatened to remove employee stock options if they decide to unionize all the way to the Fifth Circuit court of appeal. Read more…