Toyota released its financial results for the fiscal year ending March 31, 2023, on Wednesday, as new CEO Koji Sato took over the reins. With the market “rapidly progressing,” Toyota is increasing its EV investments, including plans for a new dedicated platform and next-gen models, which will be revealed this fall.
The Japanese automaker has been arguably the biggest laggard when it comes to…
NORFOLK, Va. — U.S. Fleet Forces Command, facing major infrastructure spending shortfalls, is weighing alternative funding sources to fix them.
Adm. Daryl Caudle told Defense News the military construction budget isn’t sufficient to address some issues at the bases and…
Tesla slashes Supercharger prices across Europe
May 10, 2023
Tesla has slashed Supercharger prices across most markets in Europe as energy prices are stabilizing downward following the crisis.
One of the biggest advantages of electric vehicles remains that their cost of operations is much lower than vehicles with internal combustion…
WASHINGTON — The partisan fight over raising the debt ceiling has temporarily derailed Congress’ work on the annual defense authorization bill.
The House’s markup of the fiscal 2024 National Defense Authorization Act — initially scheduled to begin this Thursday — is now postponed until Republicans and Democrats can reach a spending agreement as part of the gridlocked debt ceiling…
The first electric Corvette is up for sale, a secret 1987 prototype built by... Motorola
May 10, 2023
It’s not often you come across a piece of history up for sale. The first electric Corvette was actually made by none other than the hardware tech company Motorola. Up until now, very little has been reported on the project.
The story of the first electric Corvette made by…
WASHINGTON — Nearly six months after the Air Force began withdrawing its aging F-15C and D Eagles from Kadena Air Base in Japan, the service is still trying to figure out its long-term plan to maintain a deterrent fighter presence at the Pacific region base.
And…
Tesla has strangely denied rumors that a new Model 3 refresh will be produced at Gigafactory Shanghai in China next month.
Late last year, we started hearing rumors that Tesla was working on a Model 3 refresh that would come during the second half of 2023. The project is reportedly codenamed “Highland.”
In December, a Model 3 prototype with heavy camouflage was spotted being tested in…
Some things in the universe are constant. Gravity, the slow march of time, and the same three questions that every new electric bike owner will get from friends, family, and strangers. Those questions are always “How fast is it?,” “Does it pedal when you charge it?,”…
On Wednesday, General Motors launched its newest business unit, GM Envolve. The goal is to utilize all aspects of GM to create a new, all-in-one user experience enabling commercial and fleet customers to transition to electric seamlessly.
GM launches Envolve enabling fleets…
Quick Charge Podcast: May 9, 2023
May 10, 2023
Listen to a recap of the top stories of the day from Electrek. Quick Charge is available now on Apple Podcasts, Spotify, TuneIn and our RSS feed for Overcast and other podcast players.
New episodes of Quick Charge are recorded Monday through Thursday and again on Saturday. Subscribe to our podcast in Apple Podcast or your favorite podcast player to guarantee new episodes are delivered as…
