Cleantech & EV'sNews

Lucid (LCID) CEO predicts 'exponential' growth, and it's not just from selling luxury EVs

Can Lucid (LCID) make 1 million EVs a year? CEO Peter Rawlinson said this is his vision, and Lucid has ambitious plans to achieve it. After launching its first electric SUV, the Gravity, Lucid will enter the mass market with its midsize platform starting at around $50,000. Rawlinson said this is “finally when we compete directly with Tesla,” but the EV maker has even bigger plans to drive…
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Cleantech & EV'sNews

Tesla starts production at Megafactory in Shanghai

Tesla has started production at its new Megafactory in Shanghai, its second such factory, and it is starting to ship to its first customer. Energy storage has been Tesla’s silver lining over the last few quarters. While its main business, the automotive business, has been…
Cleantech & EV'sNews

All the EVs (and PHEVs) you can buy with 0% financing in February 2025 [Updated]

Lease deals get all the hype, but most people still want to own the car after they’re done making all those payments on it. If that sounds like you, and you’ve been waiting for the interest rates on auto loans to drop, you’re in luck: there are a bunch of great plug-in cars you can buy with 0% financing this February! Update 09FEB25: added some fresh 0% deals. As I was putting this list…
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Cleantech & EV'sNews

Chevy Blazer Gas Model Ends, EV Remains: Report

The 2025 Chevy Blazer will reportedly be the last gas version sold in the US. GM is retiring the combustion engine Blazer, leaving the SUV exclusively as an EV model. GM will retire the gas Chevy Blazer after the 2025 model GM is killing off another gas-powered model as part of a broader shakeup to its crossover SUV lineup. After the company announced it was ending Cadillac XT4 production in…
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Cleantech & EV'sNews

Porsche will launch new gas-powered cars, because profits come first (for now)

Porsche will launch new gas-powered and plug-in hybrid (PHEV) cars as its EV models fail to gain traction. The sports car maker warned that the new combustion engine models and battery development expenses would hurt profits this year, sending share prices plunging. Porsche plans new gas-powered cars to boost profits After announcing that it expects profit margins to be between 10% and 12% this…
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