EV maker Rivian (RIVN) released fourth-quarter earnings this week, and despite proclaiming it was aiming to produce 50,000 vehicles this year, it may believe it can do better. The company is reportedly raising the bar with a new internal EV production goal. Rivian bumps up 2023 EV production goal internally After releasing Q4 and full-year […]
On the Electrek Podcast, we discuss the most popular news in the world of sustainable transport and energy. In this week’s episode, we discuss Tesla’s Investor Day, Gigafactory Mexico, Rivian earnings, and more. Sponsored by SAE International: Join the global mobility community in Detroit from April 18-20 for WCX, the largest technical mobility event in North America. Register […]
Despite an ongoing pause in F-150 Lightning production, Ford says it will boost output this year in response to overwhelming demand. Ford aims to triple Lightning and double Mach-E production as consumers continue gravitating toward its popular EVs. After selling 61,575 EVs last year, Ford became the second-largest electric vehicle maker in the US, behind […]
With spring around the corner, it’s time to start figuring out how to get the yard in tip-top shape before warm weather is here to stay. That’s where this BLACK+DECKER 40V MAX hedge trimmer comes into play. Delivering a 22-inch dual-action blade, it’ll handle up to 3/4-inch thick branches and requires no gas or motor […]
Here’s an update on our energy, industrials and materials names in Jim Cramer’s Charitable Trust, the portfolio we use at the CNBC Investing Club. Jim ran through all 35 of the holdings during the Club’s inaugural Annual Meeting last Saturday, an in-person event held in New York City. A video replay of the meeting is available here […]
In a Tweet earlier this morning, South Carolina Governor Henry McMaster has confirmed that Volkswagen Group has chosen the Eastern state as home to its new production facility to build Scout brand EVs. The news comes after recent speculation about where Volkswagen would set up the new facility for Scout Motors after sharing intentions to […]
The first Toyota bZ3 electric vehicle powered by BYD technology came off the assembly line this week in China. The co-developed Toyota-FAW bZ3 EV starts at just over $27,000 (189,800 RMB), with deliveries expected to begin soon. Toyota officially announced the bZ3 EV in October 2022, its second model from its bZ (Beyond Zero) lineup […]
One type of hydrogen production uses electrolysis, with an electric current splitting water into oxygen and hydrogen. If the electricity used in this process comes from a renewable source then some call it “green” hydrogen. Alex Kraus | Bloomberg | Getty Images In August, the White House passed a historic piece of legislation with The […]
The logo of the OPEC is pictured at the OPEC headquarters on October 4, 2022. Joe Klamar | Afp | Getty Images DUBAI, United Arab Emirates — International oil benchmark Brent crude dropped as much as 2.8% on Friday morning in New York on the back of a report that the United Arab Emirates is […]
Germany has unexpectedly objected to the EU’s planned vote to officially ban combustion vehicles by 2035, questioning its support for the law and how it will affect the industry, particularly by not properly explaining how the use of e-fuels will be regulated. European Parliament, Commission, and EU members worked through months of negotiations last year […]