Rivian has presented its business figures for the fourth quarter and the 2021 fiscal year. Due to the expenses for the production ramp-up, the loss increased enormously. As deliveries are still at a manageable level, sales are still low. Rivian handed over a total of 920 R1Ts to customers last year after deliveries began in […] More…
Rivian Q4 2021 Financial Results Considered “Unimpressive”
The company noted a net loss of $2.5 billion in Q4 with $54 million in revenues. More…
Mercedes EQS faces limited recall in the USA
There is another recall for the Mercedes-Benz EQS – albeit only in the USA and only for 24 units of the electric luxury sedan. Incorrectly screwed ground connections could lead to increased electrical resistance, which in combination with high electrical currents increases the risk of fire. Earlier this year, the EQS was already part of […] More…
Xpeng has started accepting orders for the P5 in Europe
Chinese electric car manufacturer Xpeng has opened reservations for its third production model, the P5, in four European countries. Xpeng’s smaller electric sedan is now available for pre-order in Denmark, the Netherlands, Norway and Sweden. Xpeng had presented the smaller, further developed version of the P7 in April 2021, and deliveries of the P5 began […] More…
Young Investors Betting Big On Tesla Impacting Wall Street, Rival OEMs
Tesla’s stock has proven volatile, but investors stayed long and benefitted. Now Ford is reorganizing its EV business. More…
Rivian plans LFP cells, heat pump, 800V upgrade; 2022 production plan halved to 25,000
![Rivian battery pack [from video]](https://images.hgmsites.net/hug/rivian-battery-pack-from-video_100749193_h.jpg)
Rivian revealed updates on R1T, R1S, and EDV production, preorders, and what amounted to its most significant product update in months, as part of a letter to shareholders and Q&A held Thursday. The company is ramping up production, gradually and with plenty of supply-chain-related fits and starts. As of March 8, Rivian reports that it has… More…
Volkswagen ID. Buzz Specs Summary: What We Know So Far
A few of the most important numbers are still missing. More…
VW ID. Buzz Makes A Great First Impression On Doug DeMuro
He’s not too thrilled about the 2024 launch date in the United States, though. More…
High-speed marine motor addresses critical need
Rapid acceleration may not be the first thing that comes to mind when considering marine vehicles that serve the offshore industries, but it is important because it increases their operational limits, enabling them to be deployed for longer in higher sea states (writes Peter Donaldson). That is one of the key selling points of Walker […] More…
Polaris shows off test vehicles for electric ATVs, RZR side-by-side, and even electric snowmobile
Polaris isn’t simply paying lip service when it talks about the future of electrification in powersports. The Minnesota-based leader in powersports vehicles has already unveiled its first next-gen electric UTV and now has shown off several test vehicles for electric Polaris ATVs, side-by-sides, and snowmobiles. More…
Hagerty’s Jason Cammisa Wowed By Lucid Air, Calls It Tesla 2.0
This review argues that the Lucid Air is so good, it could be called a time machine. More…
Paying too much at the pump? Low cost electric bikes like these can do 500 miles for $1
I know, I know. The whole “Don’t like gas prices? Ride a bike!” sounds annoying and feels impractical for most people. But if you weren’t already aware, there’s a much more practical alternative to conventional pedal bikes: fun and energy-efficient electric bikes! Now more than ever, with gas prices rising steeply and uncertain fuel prospects on the horizon, perhaps it’s time to give an electric bike a second thought. More…
Lucid CEO Rawlinson Offers Master Class In Battery Pack Tech Talk
In the first of an all-new video series, we learn some of the secrets behind Lucid’s proprietary EV technology. More…
Quick Charge Podcast: March 10, 2022
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…
Lucid Motors launches ‘Tech Talks’ YouTube series where experts explain the automaker’s EV technologies
American EV automaker, Lucid Motors, is offering the public a glimpse behind its premium leather curtain with a new YouTube series explaining its innovative, and in some cases, industry-leading technologies. The 10-episode series, titled Tech Talks launched today with Lucid Motors’ CEO and CTO, Peter Rawlinson discussing battery packs. Additional episodes are expected to follow regularly.. More…
Former Formula E driver Bruno Senna joins Airspeeder as eVTOL pilot and global ambassador
Nascent eVTOL racing league, Airspeeder, has announced its fourth pilot to join, and it’s Bruno Senna – a former Formula One and Formula E racing driver, current member of Rebellion Racing in the FIA World Endurance Championship, and eSports World eX Championship winner. Senna joins as a development pilot, bringing his racing expertise to the league before its first Grand Prix begins in 2023. More…
Rivian announces Q4 results: loses $2.4 billion, revises production to 25,000 EVs in 2022
Rivian has released its Q4 2022 earnings today and confirmed that it lost over $2.4 billion during the last quarter as it still faces significant challenges in ramping up production. More…
Tesla is tripling your Model Y delivery time if you don’t add on the $12,000 FSD option
A recent update to Tesla’s website configurator reveals that it is prioritizing reservations that include the $12,000 full self-driving (FSD) option, at least for the Model Y and Model 3. For reservations of the Tesla Model Y in particular, delivery estimates change from six months from today (September), to two months (May), simply by choosing the FSD add-on.. More…
84% of Florida voters support solar net metering, but Gov. DeSantis will gut it anyway
Florida governor Ron DeSantis (R) is expected to sign a bill after the state’s House and Senate passed it that would slash rooftop solar credits in the state. This would deny many homeowners net metering in the Sunshine State, and harm its solar industry. More…
XPeng Motors opens P5 reservations in four European countries alongside a new ‘Experience Store’ in the Netherlands
Chinese EV automaker, XPeng Motors, is expanding its presence in the EU by opening reservations of its P5 smart EV to four countries – Denmark, the Netherlands, Norway, and Sweden. The P5 is the third production model to arrive from XPeng, and its reservations are joined by news of an “Experience Store” which just opened in the Netherlands – the automaker’s second showroom in Europe. More…
