Cleantech & EV'sNews

Tesla (TSLA) brand damage is destroying used car value: 'People don't want them anymore'

Tesla’s brand damage is eroding the value of used Tesla vehicles at a rapid rate, as owners rush to sell theirs. It is breaking the used Tesla market as prices are plunging just as the broader used car market is recovering. After a few tough years for the used car market following the pandemic, it is finally starting to recover over the last month. Economic uncertainty and a fear of higher…
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Cleantech & EV'sNews

Geely exercises its Put Option on Lotus UK, enabling reintegration of all businesses under the Lotus brand

Bear with me, as this one is a bit complicated and jargon-heavy. Lotus Technology Inc. announced that Geely, the majority owner of its vehicle manufacturing business Lotus UK, exercised its put option earlier this week to sell its 51% stake in the latter company back to the former company. In layperson’s terms, Geely is out, so Lotus Tech has to buy the 51% of Lotus UK back, putting all those…
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Cleantech & EV'sNews

Chargetronix's new 1,280 kW system can charge up to 16 electric trucks from a single cabinet

EV charging solutions provider Chargetronix has unveiled a new state-of-the-art distribution system alongside its third-generation chargers. The 1,280 kW system can charge up to 16 electric trucks from each cabinet, and Chargetronix’s next-generation chargers will serve both fleet and passenger EVs. Chargetronix is an EV charging specialist centered in the US and focused on local manufacturing.
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Cleantech & EV'sNews

Volvo announces world's first A30 Electric articulated haul truck

Volvo CE arrived at bauma 2025 in Munich, Germany with a groundbreaking (Ha!) electric line of heavy equipment options that includes the new A30 Electric articulated haul truck – a world’s first from the Swedish equipment brand! Volvo CE is calling its bauma display a milestone moment in sustainable innovation, raising the bar with its first-ever zero-emission only lineup at the Munich-based…
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