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

Lordstown Motors closes sale of plant to Foxconn for $230M in much needed cash


Back in an unassuming corner near the exit of the ACT Expo at the Long Beach convention center sits a black Lordstown Motors Endurance pickup. As at least two ACT attendees asked questions about the prototype, its manufacturers were publicly announcing the official sale of its assembly plant. Lordstown Motors has officially closed its deal with Foxconn, who will now build the former’s Endurance pickup under a new joint venture (JV) and manufacturing contract. More…

NYC wants to take 25% of its street space away from cars in favor of a walkable/bikeable city


Back when COVID-19 ravaged New York City and turned the city’s transportation needs upside down, significant portions of the road space were repurposed for non-car use. From bike lanes to public seating and urban parks, roads that previously saw gridlocked traffic were nearly instantly transformed into public spaces that benefitted a wider group of residents. More…

Rivian (RIVN) Q1 2022 results – $1.5b loss, 10k new orders, reaffirms 25k production guidance


Rivian has posted its Q1 2022 results and shareholder letter after market close today, showing $95 million in revenue and a loss of $1.593 billion for the quarter ($1.77 per share), up from a loss of $414 million from the same quarter last year. It ended the quarter with nearly $17 billion in cash, largely from its massive IPO late last year. More…

Aventon Pace 500 Next Gen electric bike review: Testing a high-value option for a city e-bike


Aventon’s electric bikes have always impressed me with their build quality and attention to detail. When the company launched an updated version of its popular Pace 500 e-bike, I knew to expect more of the same excellent qualities. Now that I’ve been able to spend some quality time testing the bike, I’m even more convinced of the brand’s commitment to giving its customers more than they anticipated. More…