Electric vehicles
Post-Covid, post-bankruptcy Hertz is all-in on electric, with big implications for the EV, auto and rideshare market
Tesla Model 3 electric vehicles at a Hertz neighborhood location. Hertz Consumers may be on the fence about whether it’s yet time to buy EVs, but car-rental giant Hertz Global Holdings has made the leap. Markets boosted shares of Estero, Fla.-based Hertz after its recent earnings report, as first-quarter revenue hit $2 billion and per-share […]
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Recycling ‘end-of-life’ solar panels, wind turbines, is about to be climate tech’s big waste business
Solarcycle CTO Pablo Dias and COO Rob Vinje show a solar panel laminate after it’s been cleanly separated from the glass to investors and partners. The laminate is where most of the value is contained in a panel, like silver, silicon, and copper. Solarcycle The growing importance of wind and solar energy to the U.S. […]
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Automakers find a tax credit loophole to increase EV leasing and boost sales
Dave Walters of Orange County, California, stands by his newly leased Hyundai Ioniq 5 electric vehicle. Provided by Dave Walters Fed up with high gas prices and enticed by federal tax credits, Dave Walters decided he wanted an all-electric Hyundai Ioniq 5 for his next vehicle. The Orange County, California, resident initially thought about purchasing […]
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EV massive rigs presently make sense for half of the $4 trillion freight truck sector, states Einride CEO
The diesel-driven trucking market moves a greater part of freight, up to 70% in the U.S. by itself. In California, vans are the greatest one resource of car-created air pollution that “spew 70% of the state’s smog-forming gases and 80% of carcinogenic diesel pollutants,” in accordance to the California Air Means Board, building the trucking […]
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Why Airbus and many others are betting on hydrogen-run planes instead of electric planes
With 4.5 billion passenger visits taken each and every year and far more than 16 million planes using off in the U.S. each individual calendar year, plane are accountable for 2.5% of worldwide CO2 emissions, in accordance to the Global Carbon Project, and the dilemma is growing. A person proposed answer rivals the energy of […]
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Rivian reports a narrower-than-expected quarterly loss, reaffirms EV production target
Electric vehicle maker Rivian Automotive on Tuesday reported a first-quarter loss that was narrower than expected and said it’s still on track to meet a 50,000-vehicle production target for 2023. Shares were up about 4% in after-hours trading following the news. Here are the key numbers from Rivian’s first-quarter earnings report, together with consensus Wall […]
Read MoreFisker cuts production guidance for Ocean EV after last-minute snags
Henrik Fisker stands with the Fisker Ocean electric vehicle after it was unveiled at the Manhattan Beach Pier ahead of the Los Angeles Auto Show and AutoMobilityLA on November 16, 2021 in Manhattan Beach, California. Patrick T. Fallon | AFP | Getty Images Electric vehicle startup Fisker on Tuesday reported a wider first-quarter loss than […]
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Tesla hikes value of higher-close Model S and Product X in China by about $2,750
Tesla has enacted a collection of selling price cuts on its cars. But it has lately started increasing the price ranges yet again. Chukrut Budrul | Sopa Visuals | Lightrocket | Getty Images Tesla lifted the cost of its extra highly-priced Product S and Product X vehicles in China, its web-site showed Friday, following other […]
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