Cleantech & EV’s

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After posting strong Q2 earnings, EV maker Rivian (RIVN) is raising guidance numbers for the year. Rivian continues ramping production while gross margins improved by 50%. Overall, it was a solid improvement quarter-over-quarter. Rivian Q2 2023 earnings preview Yesterday, we posted a preview of what you can expect from Rivian’s Q2 earnings report, indicating investors will be watching…

Tesla and EnergyHub have announced a new partnership to build “the largest virtual power plant in [the] Northeast.” Virtual power plants are becoming one of Tesla’s most underappreciated products. Tesla is using its existing and growing fleet of Powerwalls to aggregate their power capacity and offer electric grid services to utilities while compensating homeowners for using their home…

EV startup Lucid Motors revealed the final specs for its Tesla Model S Plaid-rivaling “luxury electric super-sports sedan” Tuesday. Boasting more than 1,200 hp, the Lucid Air Sapphire accelerates from 0 to 60 mph in a mere 1.89 seconds. After hyping up an ultra-high-performance tri-motor electric Air sedan, building anticipation for several months, Lucid finally revealed the Sapphire EV at…