EV maker Lucid Motor’s (LCID) recent price cuts have been “well received by customers,” according to CEO Peter Rawlinson. The company’s leader also said the Gravity electric SUV launch is on track for November.
Amid a wave of price cuts that started with Tesla earlier this year, Lucid slashed prices earlier this month on its Air EV by up to $12,400.
The EV maker is offering what it…
Tesla keeps creating new paying accounts on Elon Musk’s X (formerly Twitter) to the point that it is now likely paying around $20,000 per year to be on the social media platform.
It’s not clear what it is getting in return.
Public companies, like Tesla, have to disclose…
The US Department of the Interior (DOI) today announced its approval of Rhode Island and Connecticut’s Revolution Wind offshore wind farm.
This is the DOI’s fourth approval of a US commercial-scale, offshore wind farm. Revolution Wind joins Vineyard Wind off…
A number of troubling developments point to serious financial troubles for SONDORS, the company behind a wide range of electric bicycles as well as the Metacycle electric motorcycle (and an ill-fated three-wheeled electric car, but that’s another story).
This isn’t the first time that SONDORS has raised eyebrows. The company burst onto the scene in 2015 with a controversial new e-bike for the…
The first photos of NIO’s new “Alps” brand have allegedly emerged online. The new EV brand is designed to take NIO mainstream, positioning itself to compete with automaking giants like Toyota and Volkswagen in the mass-market segment.
NIO’s new Alps mass-market EV…
EV charging giant NaaS Technology (Nasdaq: NAAS) today announced that it’s going to acquire EV charging provider Charge Amps for $66.4 million in order to penetrate the European market.
Chinese EV charger giant NaaS has connected over 575,000 chargers covering 55,000…
Superstar DJ Steve Aoki follows father's footsteps in motorsports, becomes E1 racing team owner
August 22, 2023
As the UIM E1 World Championship league moves closer to hitting the water on its inaugural season, the electric boat racing teams that will compete is truly starting to take shape. The latest team owner is DJ and entrepreneur Steve Aoki, who will lead Aoki Racing against a current lineup of five other star-studded E1 teams.
Although the inaugural UIM E1 World Championship has been pushed to…
Korea’s first all-electric production car is due for a resurrection. Kia is set to revive the Ray EV next month, an entry-level minicar, to meet the growing demand for affordable electric cars.
Kia first introduced the Ray EV in December 2011, a close relative to the…
Chinese automaker Build Your Dreams (BYD) will continue its global expansion with upcoming EV debuts in Europe, not only under its own namesake, but alongside the official launch of its Denza sub-brand overseas. Here’s what visitors to next month’s IAA Mobility in Munich…
Tesla is evidently changing its solar strategy by starting to move away from having its own installers and relying more on certified installers.
It is laying off staff working on deploying its own solar installations.
Ever since Tesla acquired SolarCity in 2016 and turned it into its own solar division, there have been many ups and downs, but mostly downs.
Despite launching its own products, like…