Cleantech & EV'sNews

Podcast: Tesla Cybertruck update, UAW strike ends, Chevy Equinox EV pricing, and more

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 an update on the Tesla Cybertruck, the UAW strike ending, Chevy Equinox EV pricing being released, and more. The show is live every Friday at 4 p.m. ET on . As a reminder, we’ll have an accompanying post, like this one, on the site with an embedded…
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Cleantech & EV'sNews

Ferrari says its first electric vehicle is ahead of schedule after a big step forward in Q3

As one of the most recognized supercar brands globally, many wonder when we will see a fully electric Ferrari hit the streets. According to CEO Benedetto Vigna, development on the first Ferrari EV is ahead of schedule. The first Ferrari EV is coming… in 2025 The first Ferrari EV is still two years away, but the Italian sports car maker is progressing faster than expected. Vigna explained…
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Cleantech & EV'sNews

NIO to trim workforce by 10% amid 'fierce competition' in the EV market

Chinese EV startup NIO revealed it will trim staff positions by 10% this month to improve profitability. NIO’s CEO, William Li, announced the news in an internal memo Friday, citing “fierce competition” in the EV market. According to the memo, reviewed by Bloomberg, NIO will trim its staff by 10% in November. Li said “duplicate” and other “inefficient” roles will be cut. In…
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Cleantech & EV'sNews

Why the new Lotus electric bike costs almost $25,000

Lotus, an automotive company that hasn’t always been known as a leader in economical electric vehicles, is trying its hand at a new electric bicycle. But don’t think this is a sneaky way to get a cheap Lotus, as even the newly announced Lotus Type 136 e-bike costs a…
Cleantech & EV'sNews

Tesla launches virtual power plant in Puerto Rico, could become world's biggest

Tesla has officially launched its virtual power plant in Puerto Rico and it could quickly become the world’s biggest thanks to the large Powerwall user base in the region. Virtual power plants (VPP) consist of aggregating distributed energy assets, primarily rooftop solar and home energy storage, to offer grid services like peak shaving. A company like Tesla pulls power from those customer…
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