Polestar introduced a new, lower-priced Polestar 3 model on Thursday to intensify the competition with Tesla and Porsche. The new model comes as the first Polestar 3 customers received their electric SUVs. Polestar 3 gets lower-priced model as deliveries kick-off As its first EV built on two continents, Polestar is expecting big results from its […]
With so many of the e-bike sales we’ve recently covered either ending in the next few days or having already ended (be sure to check out our collection of summer e-bike deals below), today’s Green Deals are here to give you a few more EV discounts to consider. Leading the pack is the unique and […]
We’re initiating a position in Nextracker , buying 350 shares at roughly $48.18. Following Thursday’s trade, Jim Cramer’s Charitable Trust will own 350 shares of NXT with a weighting of about 0.5%. Nextracker makes solar tracker systems that allow huge utility-scale rows of solar panels to rotate and follow the sun’s movement across the sky […]
A massive Tesla Megapack project with 1.3 GWh of energy storage capacity is coming online in Arizona – making it one of the largest battery systems. Salt River Project (SRP) and Plus Power LLC are behind the massive project. Yesterday, they announced that it is coming online and should provide enough power for 76,000 homes: Salt […]
EV maker Rivian (RIVN) reaffirmed its plans to build 57,000 vehicles this year during its 2024 Investor Day. More importantly, Rivian still expects to achieve a positive gross profit by the end of the year. Rivian still on track for positive gross profit in Q4 2024 Rivian gave us a sneak peek into what we […]
The hard-fought settlement of thousands of lawsuits against Purdue Pharma was close to capsizing on Thursday, after the Supreme Court rejected liability protections for the company’s owners, members of the billionaire Sackler family. The ruling effectively prevents the release of billions of dollars that could help alleviate the ravages of opioid addiction. The future of […]
I’ve been on the hunt for an electric mountain bike that would give me much of the performance of the fancier, high-priced models, yet without their major downside: that higher price. The Velotric Summit 1 rolled in at the perfect time, and while the bike itself isn’t perfect, it’s darn near exactly what I’d want […]
Tesla is now distinguishing its cars between battery suppliers in order for people who are eligible for the tax credit to get it. Electric vehicle manufacturers in the US are still adapting to the increasingly more stringent rules of the $7,500 federal tax credit for electric vehicles. The increased requirements for more battery material and […]
At its first Investor Day on Thursday, Rivian gave several insights into the EV maker’s future. CEO RJ Scaringe explained how Rivian’s software-defined EVs, built from the ground up, and other in-house tech are evolving for its next-gen vehicles. Check out the latest from Rivian’s 2024 Investor Day below. The next growth stage Rivian held […]
A new report states that the European Union has slightly tweaked its proposed tariffs on imported EVs from certain Chinese automakers after those companies divulged more details of their businesses. The tariff cuts are marginal but could offer a shred of hope that the EU is still willing to negotiate said duties before they are […]
