Electric vehicles
Lucid’s shares fall after company launches a cheaper version of the Air EV to boost demand
The Lucid Air Pure is the least-expensive version of Lucid’s electric Air luxury sedan. Meghan Reeder | CNBC Shares of Lucid Group were lower in early trading Thursday after the company launched a cheaper version of its Air electric luxury sedan in a bid to stoke demand. The stock was down about 9% as of […]
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Rivian shares sink 16% after the EV maker said it plans to raise $1.5 billion
Shares of Rivian Automotive were sharply lower in early trading Thursday, after the company surprised investors with a plan to offer $1.5 billion in convertible notes. It also provided a preliminary estimate of its third-quarter revenue that was in line with Wall Street estimates. Shares were down 16% as of 10 a.m. ET. In a […]
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As EV profits surge and cars and trucks get heavier, parking garages will have to modify
Charging details at an underground car park in England. The variety of EVs on our streets is escalating. Peter Titmuss/UCG | Universal Photographs Team | Getty Visuals Driving is modifying. Today, hybrids and pure electrical cars are a popular sight all-around the globe, and the total dimension and heft of automobiles — no matter whether […]
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Tesla documented 435,059 deliveries for the 3rd quarter, and output of 430,488 cars
Tesla autos waiting to be loaded on board a cargo vessel at Nangang port, in Shanghai, China, on Sept. 6, 2023. Vcg | Visible China Team | Getty Photos Tesla posted its third-quarter vehicle production and delivery report for 2023 on Monday. Listed here are the vital quantities from the electric powered vehicle maker: Total deliveries Q3 2023: 435,059 […]
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Rivian reports better-than-expected EV deliveries for the third quarter
The Rivian name is shown on one of the company’s new electric SUV vehicles in San Diego, California, Dec. 16, 2022. Mike Blake | Reuters Rivian Automotive on Monday reported record third-quarter electric vehicle deliveries and said it remains on track to produce 52,000 EVs in 2023. The company said it delivered 15,564 vehicles during […]
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One of the major EV fiscal conclusions you will make isn’t which auto to acquire
Tesla electric powered car or truck in driveway remaining billed at a property with an EV charger in residential neighborhood, Moscow, Idaho. Ucg | Common Photos Team | Getty Photographs As all-electric vehicles become much more well-known and incentives for renewable electrical power proliferate, lots of early EV adopters may be reconsidering their home charging […]
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In Tesla demo about Autopilot fatality, law firm cites ‘experimental vehicles’
Autopilot characteristics are shown in a Tesla Model S during a Tesla party in Palo Alto, California Beck Diefenbach | Reuters The law firm symbolizing victims of a fatal crash of a Tesla Model 3 motor vehicle in his opening assertion in court on Thursday blamed the company’s Autopilot driver assistant process, saying that “a […]
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Indonesia’s EV ambitions could aid improve investments in the relaxation of Southeast Asia
Korean vehicle producer Kia shows the electric vehicle “EV6 GT-Line” throughout the 30th Gaikindo Indonesia Worldwide Auto Show in Tangerang on August 10, 2023. Yasuyoshi Chiba | Afp | Getty Visuals Indonesia’s EV-helpful guidelines have lured global investors to the place, but professionals say they could also increase investments in Southeast Asia’s automotive marketplace much […]
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Deep-sea mining could enable solve the global crucial minerals lack, but it truly is a lightning rod for controversy
There are billions of tons and billions of dollars’ worthy of of essential minerals which includes nickel, copper, cobalt and manganese lying at the base of the seafloor. These metals are important to electrical auto batteries and the clear electricity transition, and they are found in abundance in a patch of the Pacific Ocean recognised […]
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How electrified streets could support repair America’s electric car charging issue
Electric powered cars are getting up an expanding proportion of the overall vehicle current market share every single calendar year — rising from 4% in 2020 to 14% previous year. Amongst the holdouts, a lack of charging infrastructure looks to be 1 of consumers’ most widespread good reasons for not switching from fuel to electrical […]
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