Electric vehicles
Morgan Stanley says Twitter sentiment needs to turn to stop Tesla’s $500 billion slide
Tesla investors need to hope for calmer waters at Twitter in order to stop the electric vehicle stock’s sharp slide, according to Morgan Stanley. Widely followed analyst Adam Jonas said in a note to clients Wednesday that Tesla CEO Elon Musk’s management of Twitter, which he recently purchased for $44 billion, is hurting the value […]
Read More
Why solar electrical vehicles might be the upcoming era of EVs
The world’s initially commercial solar electric powered automobiles are hitting the U.S. and European markets in the following handful of a long time. German company Sono Motors, Southern California-based mostly Aptera Motors, and Dutch business Lightyear are all generating electrical automobiles with integrated solar panels, which can harness the sun’s electrical power to give about […]
Read More
GM EV unit BrightDrop expects $1 billion in 2023 revenue, mass production of all-electric delivery vans to start in December
BrightDrop CEO Travis Katz says he’s “charged up” about 2023 and the forecast for the General Motors EV unit to top $1 billion in revenue in 2023. The announcement, tied to General Motors’ investor day on Thursday, is the first time BrightDrop has released revenue numbers. The company did not release revenue data in 2021, […]
Read More
Google Maps acquired a massive update that displays the place speedy-charging EV stations are and more
A charging port is seen on a Mercedes Benz EQC 400 4Matic electrical car or truck at the Canadian International AutoShow in Toronto, Ontario, Canada, February 13, 2019. Mark Blinch | Reuters An up to date version of Google Maps for Android and Apple iphone is rolling out with a number of new characteristics, these […]
Read More
Toyota unveils new Prius hybrids amid skepticism of its EV strategy
2023 Toyota Prius Prime plug-in hybrid electric vehicle Toyota Toyota Motor is not giving up on its flagship Prius hybrid anytime soon, despite investing billions in all-electric vehicles amid criticism it hasn’t moved fast enough into the emerging segment. The automaker late Tuesday revealed new versions of the Prius hybrid and Prius Prime, a plug-in […]
Read More
Lucid reveals new lower-cost versions of the Air electric luxury sedan
Luxury electric vehicle maker Lucid Group on Tuesday revealed several new versions of its Air sedan – including its lowest-cost model yet. CEO Peter Rawlinson said in an interview with CNBC’s Phil LeBeau the Lucid Air Pure will start at $87,400. An all-wheel drive version with 410 miles of range will ship by the end […]
Read More
How Joby and Delta are producing traveling taxis a reality
The world has prolonged dreamed of a working day when flying cars develop into element of each day life. And irrespective of many attempts, that working day hasn’t arrived. But we might not have to hold out significantly longer. Improvements in battery and electric propulsion technology have enabled completely new forms of aircraft to get […]
Read More
Swedish EV maker Polestar reports lower operating loss, confirms full-year guidance
Polestar 3 Courtesy: Polestar Swedish electric-vehicle maker Polestar said Friday that its third-quarter operating loss narrowed from a year ago as revenue more than doubled, and it confirmed that it still expects to deliver 50,000 vehicles in 2022. But the company warned that higher costs and supply-chain issues will continue to squeeze its margins into […]
Read More
Rivian sticks to full-year EV production target as quarterly losses come in narrower than expected
Rivian electric pickup trucks sit in a parking lot at a Rivian service center on May 09, 2022 in South San Francisco, California. Justin Sullivan | Getty Images Electric vehicle maker Rivian Automotive on Wednesday reaffirmed its 25,000-vehicle production target for 2022, but said it plans to spend less to do it as the company […]
Read More