The Nasdaq has dropped by 26 percent this year and the S&P 500 index has dipped by around 16.8 percent year-to-date. More…
Could A Tesla Stock Split Help Lead Wall Street’s Recovery?
Stellantis is buying lithium from California
Stellantis has entered into a binding offtake agreement for lithium hydroxide with Controlled Thermal Resources (CTR). The battery-grade material mined by CTR in California will be used in electric cars manufactured in North America. CTR will supply Stellantis with up to 25,000 tonnes of lithium hydroxide per year during the ten-year contract period, according to […] More…
Polestar to release limited special edition Polestar 2
Polestar is launching a special limited edition model of the Polestar 2. The Polestar 2 BST Edition 270 includes mechanical as well as design modifications to differentiate it from the standard Polestar 2 models. The powertrain is the same as the Polestar 2 with Performance Package: the two electric motors and 78 kWh battery achieve […] More…
Audi considers building two EV models in Neckarsulm
At the end of this year, the Volkswagen Group’s planning round is expected to make the final decision on two additional purely electric Audi models at the Neckarsulm site. Two saloons are currently under consideration. According to information from the Heilbronner Stimme, these will be the electric successor to the top model A8 and a […] More…
Ford to invest $3.7 billion in US production
Ford has announced an investment of 3.7 billion dollars in its production in the US states of Michigan, Ohio and Missouri. With the equivalent of 3.4 billion euros, the production of electric cars is to be strengthened and 6,200 new jobs created. According to Ford, 1.5 billion dollars (1.4 billion euros) alone are to flow […] More…
Series production of the ID. Buzz begins in Germany
Volkswagen Commercial Vehicles has started series production of the all-electric ID. Buzz at the main plant in Hanover. This year, up to 15,000 units of the ID. Buzz Pro and ID. Buzz Cargo will be produced. After the ramp-up, up to 130,000 vehicles per year can be produced in Hanover in the future, according to […] More…
USPS already testing mail delivery by electric bike with these neat little US-built mail bikes
I recently wrote an opinion piece about how the United States Postal Service (USPS) could look to solve its gas-guzzler truck problem by following Europe’s example of delivering mail with smaller electric cargo bikes. As it turns out, the postal service has already been testing this out, and the little electric mail bikes look pretty snazzy too. More…
The USPS is already testing mail delivery by electric bike with these neat little US-built mail bikes
I recently wrote an opinion piece about how the United States Postal Service (USPS) could look to solve its gas-guzzler truck problem by following Europe’s example of delivering mail with smaller electric cargo bikes. As it turns out, the postal service has already been testing this out, and the little electric mail bikes look pretty snazzy too. More…
Mercedes-Benz shares US pricing for upcoming EQB SUV starting under $55,000
Mercedes-Benz has shared detailed pricing and available trim levels for its upcoming EQB SUV ahead of its anticipated delivery to the US in summer of 2022. Beginning at a price of $54,500 for the base model, the EQB will arrive as the most affordable EQ model to date for US customers. More…
Mercedes-Benz shares US pricing for upcoming EQB SUV starting under $57,000
Mercedes-Benz has shared detailed pricing and available trim levels for its upcoming EQB SUV ahead of its anticipated delivery to the US in summer of 2022. Beginning at a price of $56,800 for the lowest trim level, the EQB will arrive as the most affordable EQ model to date for US customers. More…
Elon Musk says Tesla may have a working humanoid robot prototype by September 30
Elon Musk announced that Tesla might have a working prototype of Tesla Bot, also known as Optimus, Tesla’s humanoid robot, by September 30, the end of the third quarter of 2022. More…
Elon Musk says Tesla may have a working humanoid robot prototype by Sept 30
Elon Musk announced that Tesla might have a working prototype of Tesla Bot, also known as Optimus, Tesla’s humanoid robot, by September 30 – the end of the third quarter of 2022. More…
Quick Charge Podcast: June 2, 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…
Colorado commits $65 million to electric school buses
Colorado Governor Jared Polis has signed into law SB 193, an air-quality bill which among other things creates a $65 million grant program for electric school buses in the state. More…
US: Ford EV Sales Surged In May 2022 – Mach-E, E-Transit And F-150 Lightning
All three models noted monthly records (F-150 debut), which makes Ford the #2 BEV player in the country. More…
Biden administration slashes rent by 50% on US public land for wind and solar
The Biden administration announced this week that it will cut the cost of building wind and solar on US public land by 50%. More…
Construction officially starts on the largest wind farm in Australia
Construction has started on the 1,026-megawatt (MW) MacIntyre Wind Precinct, the largest wind farm to ever be built in Australia. It’s also one of the largest wind farms in the southern hemisphere. More…
Ford CEO Thinks Automotive Industry Is Headed For “A Shakeout”
Jim Farley believes “Chinese new playes” will benefit most from this. More…
Scout Electric SUV And Pickup Teased By VW Speculatively Rendered
The Scout brand is coming back with these two electric vehicles specifically designed to boost VW’s US presence in the segments. More…
Rimac raises $536 million to accelerate its role as high-performance electric component supplier
Rimac announced that it closed a EUR 500 million ($536 million USD) round of funding to accelerate its new role as a high-performance electric component supplier. More…
