Shares of EV startup Rivian (RIVN) are up over 14% Friday after Wedbush analyst Dan Ives upgraded his price target. Ives cited the EV maker is making “a major turning point” in its execution strategy, raising Rivian stock price target to $30 a share from $25. More…
Category: Electrek
NIO finally adds its solid-state battery to user manuals, arrival of 930 km range option imminent
Two and a half years after first sharing plans to implement a 150 kWh solid-state battery pack in its EVs, NIO appears poised to finally do just that. The automaker’s digital user manuals now feature specifications of the solid-state pack, supplied by WeLion – debuting on the upcoming ES6 SUV. The additional supports recent promises from NIO’s chief that customers in China will be able to select the energy-dense pack as early as this month. More…
Watch Tesla Cybertruck drift on ice in new winter testing footage
Tesla Cybertruck was spotted drifting on ice and testing its suspension in the snow as part of its latest winter testing in New Zealand.. More…
Fisker (FSR) falls short of Q2 target despite over 1K Ocean electric SUVs produced
California-based Fisker Inc. dropped its Q2 production numbers Friday, showing over 1,000 Ocean electric SUVs built over the past three months. Although this is up significantly from the first quarter, the total falls short of Fisker’s guidance due to supplier challenges.. More…
Mercedes-Benz adopts Tesla’s NACS, first German automaker to do so
Mercedes-Benz announced the adoption of Tesla’s NACS connector in its electric vehicles in North America starting in 2025. More…
‘We tried to warn you’ say police during crackdown on illegally fast electric bikes
The Manhattan Beach Police Department in Manhattan Beach, California, recently shared a warning of what can happen if you ride non-street-legal e-bikes on public roads. More…
Tesla adds cash discount on Model 3/Y through referral program to boost sales
Tesla has added a new cash discount on Model 3 and Model Y vehicles for buyers using its owner referral program in an apparent plan to boost sales. More…
Quick Charge Podcast: July 6, 2023
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. More…
Elon Musk believes Tesla will have ‘level 4 or 5’ self-driving this year – what does that mean?
Elon Musk has again decided to share a timeline about Tesla’s self-driving effort – again claiming it will achieve “full self-driving” by the end of the year. More…
Blink Charging and AAA are pairing up to support EV drivers
Blink Charging and AAA are partnering up, which means EV solutions and charging services are going to expand for AAA members. More…
Nissan plans to build two electric sedans, crossovers to follow at US assembly plant
Nissan is retooling its Canton, Mississippi, assembly plant to become “North America’s electrification hub” over the next several years. The automaker plans to begin building EVs in the US, starting with a pair of electric sedans in 2026. More…
Carmakers don’t need ‘EV divisions,’ the whole company should go electric now
Over the years, we’ve seen several car companies tout their decision to create an “EV division” within the company, a group tasked specifically with looking into EV technology and how to implement that within the product line. More…
Chevy’s performance Blazer EV SS postponed until next year, Blazer EV on track
If you were waiting to get your hands on the Chevy’s first high-performance “SS” EV trim, the 2024 Blazer EV SS, you will have to wait a little longer. More…
E-scooter at highway speeds? ZonDoo’s 8kW RoadHitter lives up to its name
ZonDoo recently came out with the , the fastest electric scooter in their lineup and likely one of the fastest electric scooters out there. At a glance, the RoadHitter’s eye-catching 68mph top speed and bright light show make it seem like a ludicrous scooter, fit only for those looking for maximum adrenaline and minimum safety. However, while it can definitely get the heart pumping, it also has a few more features that are worth taking a look at. More…
VW kicks off its first US autonomous driving pilot with ID. Buzz EVs
Volkswagen is rolling out an autonomous driving vehicle test fleet with ID. Buzz EVs in Austin. More…
Rivian CEO has encouraging words about EV production, expanding into Europe
Following a big second quarter, Rivian’s CEO and founder, RJ Scaringe, believes the best is yet to come. Scaringe says Rivian’s supply chain is coming together, allowing for more predictability regarding production. More…
China revises EV credits for automakers, reducing offset opportunities that have driven production
China’s Ministry of Industry and Information Technology announced a revision to its long-running “dual-credit policy,” in which local automakers earn certain calculated credits for each EV they build. The Ministry is reducing said credit by 40%, putting certain automakers in jeopardy of non-compliance and risk of losing their ability to sell to the public. More…
Tesla to use Optimus robot in stores to help sales
Tesla is planning to use its Optimus robot, also known as Tesla Bot, in its stores in an attempt to help sales, but not necessarily how you think. More…
Polestar (PSNY) stock spikes after reporting strong Q2 2023 deliveries
EV maker Polestar (PSNY) delivered roughly 15,800 vehicles in the second quarter of 2023, up 31% from Q1. Polestar’s stock is trending, up 5%, following the rising deliveries.. More…
Over a dozen EV automakers, including Tesla and NIO pledge to avoid further price wars in China
A slew of automakers in China have banned together and pledged to regulate how they market their EVs and avoid further price wars to help stabilize a booming market for consumers. Chinese EV automakers like NIO, XPeng, and BYD have been joined by the likes of Tesla to promote healthy competition and less “bad blood” overseas. More…
