Cleantech & EV’s

Electric vehicle sales continue breaking records as automakers ramp production. Compared to other EV startups like Lucid (LCID) and VinFast (VFS), Rivian (RIVN) is outpacing the pack as registrations continue rising. Rivian’s EV registrations rise through July Rivian placed eighth in terms of US registrations from January through July, with 2.8% of the overall EV market, according to recent…

Tesla’s little-known Autobidder product has already made over $330 million for energy investors. Electrek was the first to report on Tesla’s Autobidder platform back in 2020. It’s a real-time trading and control platform for energy assets, like Tesla’s Powerpacks, Powerwalls, and Megapacks, optimized through machine learning to better use and more directly monetize the assets. Tesla…

The United Auto Workers union has begun a strike against all three major American automakers, with about 12,700 workers currently on strike, and the potential for up to 146,000 total to go on strike in the future if automakers do not offer the union a satisfactory agreement. While this strike is not specifically EV-focused, this story is nevertheless related to our coverage since it affects the…

You may soon be able to lease a Rivian electric vehicle. Rivian’s CEO, RJ Scaringe, spoke about leasing and how it could unlock more price incentives for customers at Morgan Stanley’s 11th annual Laguna Conference. Rivian has intentionally held off on leasing because of its confidence in its vehicle’s residual values, according to Scaringe. Scaringe explained how the company finds the…