Cleantech & EV’s

Tesla surprises the market by confirming that buyers of its cheapest Model 3 now have access to the full $7,500 federal tax credit for electric vehicles instead of the previous $3,750. It’s unclear how they achieved that, but it does bring the price of the Model 3 down to ~$30,000 for those who can take advantage of the tax credit. As we previously reported, buyers of new Tesla vehicles had…

On the Electrek Podcast, we discuss the most popular news in the world of sustainable transport and energy. In this week’s episode, we discuss Tesla seemingly liquidating the Model 3, the ID Buzz 3rd row, Jaguar recalling the I-Pace, and more. The show is live every Friday at 4 p.m. ET on  – except for this week, we are doing it on a Thursday due to a scheduling conflict. As a reminder…

EV startup Rivian’s (RIVN) stock price is down over 91% from its all-time high set shortly after going public on the Nasdaq exchange in 2021. With share prices falling, Rivian may be at risk of losing its spot in the Nasqaq 100 index. Rivian stock sell-off After going public in November 2021 with backing from Ford and Amazon, Rivian held the largest initial public offering (IPO) for an American…

General Motors (GM) and South Korean advanced EV battery materials company Posco Future M revealed an additional investment in its new cathode factory in Ontario, Canada, now exceeding $1 billion. GM plans to enhance CAM supply in North America The new funding will help increase Cathode active material (CAM) production and the precursor materials (pCAM) needed to produce it in North America. GM…