Hozon has annual losses of RMB 4.8 billion, RMB 6.7 billion and RMB 6.9 billion for 2021-2023. Read more…
Rivian (RIVN) stock pops after new analyst sees ‘credible path’ for the EV maker to breakeven
After Rivian (RIVN) stock earned a big buy rating on Tuesday, shares traded up nearly 9% as investors look for the EV maker to break even. A new analyst sees at least 50% upside for Rivian’s stock price with a “credible path” to breakeven gross margins. Read more…
VW will invest up to $5B into Rivian to form joint venture for next-gen EVs
VW and Rivian have just announced that the two companies will form a joint venture, bringing Rivian’s software expertise to VW’s products and providing an initial $1 billion, and potentially up to an eventual $5 billion, in capital for Rivian to get through its push to deliver its upcoming R2 vehicle. Read more…
Cybertruck recalls, Tesla vs. Camry, Polestar upgrades, and electric flight gets real
. Volkswagen takes a $5B stake in Rivian
Volkswagen just bought a $5 billion stake in Rivian The cash infusion will help bring the smaller Rivian R2 to market The deal gives VW access to Rivian’s software and zonal electronics platform The Volkswagen Group will invest up to $5 billion in Rivian, laying the groundwork for collaboration on future EVs, the two automakers announced Tuesday… Read more…
2025 BMW M5 Has Up To 25 Miles Of Electric Range And A Big Weight Problem
Despite being more powerful than before, the first-ever plug-in hybrid BMW M5 is slower to 60 mph than its predecessor. Read more…
Are These Rivian’s New Vehicles Beyond The R2, R3 And R3X?
Rivian’s latest announcement with Volkswagen, released ahead of today’s investor call, has some clues as to what’s next. Read more…
Here’s How Tesla’s Latest FSD Version Works In The Real World
The so-called “Full Self-Driving” version 12.4.1 does a lot of things right, but it’s still far from perfect. Read more…
Volkswagen And Rivian Are Teaming Up On Software In $5 Billion Deal
The California startup gets a big cash pile, and Volkswagen gets the expertise it needs to solve some long-running tech problems. Read more…
Watch The Rivian R1 Gen 2 Rip It On The Racetrack
We spend the day pounding the pavement at The Pacific Raceway to find out just how quick the new R1 vehicles are. Read more…
Honda and Mitsubishi form EV joint venture
Japanese automotive manufacturers Honda Motor and Mitsubishi have announced plans to establish a new 50/50 joint venture (JV) company called ALTNA in July 2024. The new JV is based on an agreement the two companies signed in October 2023 to collaborate on new EV businesses. ALTNA will combine Honda’s control and connected technologies for EVs… Read more…
CATL battery successfully powers electric plane with 1,800-mile civil aircraft expected
The world’s largest EV battery maker is powering up something even bigger. CATL successfully tested a 4-ton electric plane powered by its ultra-high energy density battery. By 2028, CATL expects to reveal an 8-ton civil electric aircraft with around 1,200 to 1,800 miles (2,000 to 3,000 km) range. Read more…
Save $803 during Blix 4th of July sale, Samsung Bespoke smart electric washer and ventless dryer, Hiboy 5-year anniversary, more
Leading today’s Green Deals is Blix Bikes’ 4th of July sales event that will save you up to $803 on e-bikes with their respective accessory bundles, with models like the Sol Eclipse Cruiser e-bike starting from $1,499. Next, we have the biggest deal to date on Samsung’s Bespoke AI All-in-One 5.3 cubic-foot Ultra Capacity Washer and Ventless Heat Pump Dryer that starts at a new $1,600 low. Then, there is Hiboy’s 5-year anniversary celebration that is not only taking 50% off EVs, like the MAX Pro Electric Scooter at a new $660 low, but the company is also giving you several chances to win free gear and even some e-scooters too! And that’s not all either – if you head down to our links you’ll find several other deals on Jackery’s latest Solar Generator 1000 Plus Roam Kit for on-the-go solar charging, Anker’s 33L electric cooler, Z Grills’ portable pellet grill and smoker, and more. Plus, all the other hangover Green Deals that are still alive and well. Read more…
Rivian is now leasing R1T and R1S EVs in 33 US states
Good news for those looking to lease Rivian’s electric adventure vehicles. Rivian (RIVN) is now leasing its R1T and R1S EVs in 33 US states after adding three more on Tuesday. Read more…
Vineyard Wind 1 just became the US’s largest operating offshore wind farm
Five more wind turbines just came online at Vineyard Wind 1, making it the largest operating offshore wind farm in the US. Read more…
Toyota Camry Crashes Into A Tesla Cybertruck, Gets Obliterated
Regardless of what you may think of the Cybertruck, you really don’t want to crash into one. Read more…
Fisker Is Bankrupt. Owners Are Angry And Scrambling For Answers
Fisker Ocean owners have no idea what the future holds. Those with broken cars are in panic mode. Read more…
Tesla Model Y: How Much Range Does It Have?
It depends on the version, the weather and how you drive it, but we break that all down for you here. Read more…
Engineered Materials Solutions acquires micro-component specialist Thin Metal Parts
Engineered Materials Solutions (EMS), a Wickeder Group company that produces functional clad metals for the Li-ion battery, electrical distribution, thermal control, consumer electronics and automotive markets, has acquired Colorado-based Thin Metal Parts, a provider of micro-components to the defense, aerospace, medical and audio industries. TMP uses its photochemical etching, electroforming and laser cutting technologies, combined… Read more…
Daimler Buses and ESWE Verkehr open electric bus depot with 120 charging stations
Daimler Buses has delivered an electric bus fleet for the German transport company ESWE Verkehr in Wiesbaden and supplied a total of 120 battery-electric eCitaro buses since the start of the project in 2019. Daimler Buses supervised all construction measures and oversaw the installation of a total of 120 charging stations. The company deployed charged management… Read more…
