Cleantech & EV'sNews

Is Honda reviving the two-door Prelude as an EV? New trademark sparks debate

Honda may look to its past to revitalize its future in the electric era. A recent trademark filing suggests Honda may look to resurrect the two-door Prelude sports car as an EV. The Honda Prelude may live on… as an EV Once considered Honda’s flagship model, the Prelude was discontinued in 2001 in favor of the Accord coupe (that was also eventually retired). The decision came after sales…
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Cleantech & EV'sNews

Biden gives lifeline to legacy automakers with $15B to retrofit existing factories for EV production

The Biden-Harris Administration announced $15 billion in funding to retool existing factories so that these factories can produce electric vehicles and batteries. This is a lifeline for legacy automakers struggling to be profitable in the EV transition. The Department of Energy announced in a press release today: As part of President Biden’s Investing in America agenda, the U.S. Department of…
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Cleantech & EV'sNews

Polestar (PSNY) losses grow in Q2 amid record deliveries, two new EVs near production

Swedish performance EV maker Polestar (PSNY) reported its Q2 2023 earnings on Thursday, showing widening losses as production scales. Polestar is entering an “exciting” growth phase with two highly anticipated EVs scheduled for production. Polestar hits record deliveries, but losses widen in Q2 Polestar delivered 15,765 EVs in the second quarter of the year, up 36% YOY. The EV maker has…
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Cleantech & EV'sNews

Tesla is under federal investigation over company resources being used to build Elon Musk a house

Tesla is now under federal investigation by the DOJ over potentially using company resources to build a mansion for Elon Musk. This story first emerged last year. It was reported that Tesla was conducting an internal investigation about misappropriating company resources. More specifically, Bloomberg reported that Omead Afshar, director of Elon Musk’s office, was about to be fired over an…
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