Polestar (PSNY) stock slips after Hertz delays plans to buy EVs

  • February 5, 2024
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Polestar (PSNY) shares are falling Monday after car rental giant Hertz (HTZ) announced plans to delay buying its EVs this year. Scaling back electric vehicle plans The news comes after the car rental giant said it would sell some of its Tesla models earlier this month. In 2021, Hertz announced a massive 100,000 Tesla Model […]

Hitachi, ABB complete fully electric 244 ton electric prototype

  • February 5, 2024
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A collaboration between Hitachi Construction Machinery and ABB Traction to build a massive, fully electric dump truck for extreme duty operations has reached a key stage with the completion of their first prototype. The plan to convert Hitachi’s fleet of 2500 HP EH4000 244-ton diesel mining trucks to electric drive was originally announced back in […]

Lotus in ‘a good place’ to go public, valued at $5.4b

  • February 5, 2024
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After some dreary news coming from EV players Polestar and Renault’s Ampere, Lotus is feeling confident and ready to roll with listing its shares on Nasdaq by the end of March. The EV arm of the company is valued at $5.4 billion. Automotive News Europe reports that the Geely-owned company is merging with “blank check” […]

World

Flu Shots Need to Stop Fighting ‘Something That Doesn’t Exist’

  • February 5, 2024
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Listen to this article 00:00 08:01 Produced by ElevenLabs and NOA, News Over Audio, using AI narration. In Arnold Monto’s ideal vision of this fall, the United States’ flu vaccines would be slated for some serious change—booting a major ingredient that they’ve consistently included since 2013. The component isn’t dangerous. And it made sense to […]

Rivian’s $40K R2 launch is March 7th in Laguna, here’s what to expect

  • February 5, 2024
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Rivian R2 clay model (Source: Rivian) Rivian today announced that the company is going to show the world the smaller, more value-focused R2 at their Laguna showroom on March 7th. We uncovered the launch event date and location earlier, but the move is now official and could include some surprises. Rivian recently opened a new flagship […]

Hyundai to launch a new electric mini-SUV at €20K

  • February 5, 2024
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Hyundai is prepping an entry-level electric mini-SUV called Casper to take on rivals Dacia Spring and Citroën’s ë-C3 in Europe. The best part, the price is aimed at that elusive yet coveted €20,000 range (about $21.5K). The Casper, an ICE vehicle on sale in South Korea, will get a fresh new look in the form […]

Tesla brings back FSD and free Supercharging transfer despite what Elon said

  • February 5, 2024
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Tesla is bringing back the capacity to transfer your Full Self-Driving package and/or free Supercharging on a new vehicle despite Elon Musk saying it would be a one-time deal in the past. For years, Tesla owners who bought the up-to-$15,000 Full Self-Driving Capability package were asking for the capacity to transfer it when trading-in their […]