But there’s the catch—leasing paints a different picture. Read more…
Hitachi Energy invests $1.5B to make more transformers for grid upgrades
Hitachi Energy is investing $1.5 billion to ramp up transformer production to support electrification efforts worldwide. Read more…
Tesla announces change of plans to build cheaper electric cars
Tesla announced that it is changing its product plan to introduce cheaper electric cars to be built on its current production lines. Read more…
Subaru is retiring the Legacy to make way for new electric SUVs and crossovers
The Subaru Legacy will ride off into the sunset next year as the brand preps for a new era. Subaru is shifting gears as it focuses on new EVs, including SUVs and crossovers. Read more…
GreenPower just launched this versatile electric utility truck
GreenPower (Nasdaq: GP) today announced the launch of its customizable EV Star Utility Truck, an electric all-purpose utility truck. Read more…
The new Tesla Model 3 Performance is finally official with 510hp
Tesla’s initial Model 3 refresh from last year (which made it to North America in January) didn’t include the Performance version, but now the new Model 3 Performance has finally been unveiled, following weeks of leaks and rumors. Despite what some of those claimed, it’s still called Model 3 Performance, not Model 3 Ludicrous or anything crazy like that. New… Read more…
Watch Tesla’s Q1 Earnings Report Call Live Right Here
Tesla is facing slowing demand and questions about its future product portfolio. Watch here to see what the company has to say to investors and customers. Read more…
Tesla Q1 2024 Earnings Report: Revenue, Profit And Operating Margins Down
However, it’s still another profitable quarter for Tesla. Read more…
Watch MKBHD’s New Tesla Model 3 Performance First Look Video
Tesla revealed the new Model 3 Performance on Tuesday. MKBHD already has a first-look video. Read more…
GM’s Ultium Electric Car Revolution Might Just Be Back On Track
GM has increased battery production by 300% and expects to double overall current vehicle production by the end of the summer. Read more…
IEA: global EV sales going strong – market share expected to exceed 20% in 2024
Global EV sales are robust with progress across major markets in China, Europe, and the US, a detailed report by the International Energy Agency (IEA) reveals. It shows a very positive global Q1 with a 25% year-over-year increase compared to Q1 of 2023. Per the report, the EVs sold in the first three months of 2024 alone roughly equal the… Read more…
Tesla officially unveils new Model 3 Performance with 0-60 mph in 2.9 sec
Tesla has officially unveiled and opened orders for the new Model 3 Performance and confirmed a new 0 to 60 mph acceleration in 2.9 seconds. Read more…
Why there’s literally never been a better time to buy an electric bike
It’s right there in the title. Having followed the electric bicycle industry for 15 years and running, I can pretty much guarantee you that there has never been a better time than right now to buy an e-bike. Here are the top three reasons why. Read more…
Lectric XP e-Trike bundle now $1,499, Anker 299Wh power station, and more
Today’s Green Deals are headlined by a limited-time sale on Lectric’s Foldable XP e-Trike that gives you $333 in free gear for $1,499. It is joined by a one-day discount on Anker’s 522 Powerhouse Portable Power Station at $189, as well as the Greenworks 40V 12-inch Cordless Electric Compact Chainsaw at $124. Plus all of the other days’ Green Deals that are still going. Read more…
GM hopes new EVs like the $35K electric Chevy Equinox will help win back market share
After losing EV market share in the US in the first three months of 2024, GM believes it can turn things around. GM expects new models like the Chevy Equinox EV and improved battery production will help regain EV market share in the second half of the year. Read more…
Struggling EV Startup Fisker Could Go Bankrupt Within 30 Days
Things are looking increasingly dire for the California-based electric car company. Read more…
BASF offers engineering plastics for EV motors
German chemical manufacturer BASF offers a portfolio of engineering plastics that can be used in co-creation partnerships with the automotive industry to develop next-generation EV motors. The compounds are available in different colors, from colorless to orange and laser-markable black, and feature short-glass, long-glass or mineral fiber reinforcement as well as various heat stabilizers. The… Read more…
2024 Tesla Model 3 Performance Revealed: 510 Horsepower, 0-60 In 2.9 Seconds, $53k
Tesla has finally revealed its latest Model 3 Performance variant and boy does it not disappoint. Read more…
Ford F-150, Honda Accord Most Traded In Vehicles For Used EVs: CarMax
Meanwhile, Toyota remains the most traded-in brand when buying a used EV such as the Tesla Model 3. Read more…
First look at all-electric Range Rover being tested in Sweden
Iconic British off-roading brand Range Rover has dropped the veil on its first fully-electric SUV. While Land Rover has been steadily introducing hybrid models within its lineup, the new Range Rover EV is a clean-sheet design, aiming to deliver the signature off-road prowess of its siblings and the cutting-edge tech EVs are known for. Range Rover chose not to deliver… Read more…