Veteran commercial EV manufacturer Motiv Power Systems has publicly unveiled its latest generation of all-electric trucks designed specifically for medium-duty fleets. Complete with a simplified design that promises more torque and enhanced range thanks to new battery chemistry, Motiv’s latest electric trucks look to expedite the commercial fleet segment’s transition to zero emissions. Motiv Power […]

eVTOL developer Joby Aviation announced it has signed a long-term supply agreement with Toyota Motor Corporation to support a mutual goal of reaching mass production of electric passenger aircraft in the US. The agreement extends upon an existing partnership between the two companies. Joby Aviation, Inc. ($JOBY) is a California-based company developing electric, vertical takeoff […]

Car rental giant Hertz (HTZ) ended the first quarter with 50,000 EVs in its fleet, accounting for 10% of its total vehicles. In Q1, Hertz credited its electrification strategy for the company’s growth and positive outlook for the remainder of the year. In the first three months of 2023, Hertz generated $2 billion in revenue, […]

Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Thursday’s key moments. Equities rise on tech earnings Meta’s first-quarter win Watch Pioneer 1. Equities rise on tech earnings Stocks rose Thursday morning on the heels of strong earnings reports for a slate […]

Tesla is suing Tank & Rast, a large gas station operator in Germany, for the right to install charging stations along the Autobahn. Tank & Rast is in a near monopoly position as it holds the concession for almost all Autobahn rest stops in Germany and their filling stations. It used to be a state-owned company before it was privatized […]

If the term “luxury scooter” sounds odd to you, then you must have never seen an Unagi before. These scooters buck the trend of massive, bulky, and clunky-looking e-scooters to instead offer something much more elegant and refined. The new Unagi Model One Voyager electric scooter maintains the classy looks we’ve come to expect from […]

Volvo Cars started the year on a high note as electric vehicle sales expanded 157% in the first three months of 2023, accounting for nearly one in every five cars sold. After an overwhelmingly positive response, Volvo says it was forced to close orders for its new flagship EX90 SUV due to the model year […]