Cleantech & EV'sNews

Tesla Cybertruck teased as 'next-gen police vehicle' by former TSLA board member

Tesla Cybertruck is being teased as a “next-gen police vehicle” by former Tesla board member and Oracle founder, Larry Ellison. Until recently, Larry Ellison, a large Tesla shareholder, was on the automaker’s board of directors. The Oracle founder was giving a keynote address at the company’s CloudWorld 2023 conference yesterday and made some interesting comments about the Tesla…
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Cleantech & EV'sNews

BYD launches affordable Dolphin EV in Japan to unlock market dominated by Toyota

China’s largest automaker, BYD, is set to take on Toyota on its home turf. BYD launched the all-electric Dolphin hatchback starting at ¥3.63 million ($24,570) in Japan Wednesday as it looks to take on Toyota head-on. The Chinese automaker introduced the Dolphin EV at a launch event in Tokyo on Wednesday. Powered by a 70 kWh battery, the base model provides a range of 250 miles (400 km). The…
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Cleantech & EV'sNews

Ford puts UK PM Rishi Sunak on blast after expected delay in 2030 ICE car ban

After an expected delay in the UK’s target to ban new ICE vehicle sales, Ford says prolonging it any further will risk the country’s transition. Ford says UK 2030 ICE car ban delay will be a mistake “Our business needs three things from the UK government: ambition, commitment, and consistency,” Lisa Brankin, Ford UK’s managing director, said in a statement Wednesday. Brankin added…
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Cleantech & EV'sNews

NIO stock sinks after $1 billion planned convertible debt offering

Up-and-coming Chinese EV maker NIO’s stock is falling after announcing a proposed total of $1 billion in convertible senior notes on Monday. NIO revealed in an SEC filing it plans to issue two batches of $500 million notes, convertible to American depository shares (ADS) with long-dated maturities in 2029 and 2030. The EV maker plans to use the funds to “further strengthen its balance sheet as…
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