Cleantech & EV'sNews

VinFast secures a $1.4 billion loan from parent Vingroup, plus another $2.1B from its chairman

November 14, 2024
Vietnamese EV automaker VinFast has just secured more funding to continue its operations. VinFast has been offered a loan for billions more from its parent company, Vingroup, including a $2.1 billion “sponsorship” from the Group’s chairman, Pham Nhat Vuong. All this is to achieve a break-even point and cash flow balance by the end of 2026. As a young Vietnamese EV automaker out of Vietnam…
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Cleantech & EV'sNews

E1 shares season 2 electric boat racing calendar after Team Brady wins the inaugural championship

November 13, 2024
Young electric boat racing series E1 capped off its inaugural season last month with the first championship going to a team led by someone who knows how to win – Tom Brady. As we approach the new year, E1’s focus is on season 2, and it has shared the tentative racing calendar, which includes seven Grand Prix events scattered worldwide, including a race in the USA. The UIM E1 Championship…
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Cleantech & EV'sNews

It’s brutal out there: Audi to slash 4,500 jobs

November 12, 2024
Following the news of sweeping cuts at Volkswagen, Nissan, and Stellantis, now VW-owned Audi announced plans to slash its workforce by 15%, with thousands of jobs on the chopping block. After sweeping layoffs at Volkswagen numbering in the tens of thousands, other jobs…
Cleantech & EV'sNews

This vintage-themed electric bike and sidecar screams old-school style

November 12, 2024
What happens when you take perhaps the most popular sidecar electric bike in the US and combine it with vintage BMW motorcycle vibes? You get the new MOD Easy Sidecar Sahara, based on the iconic 1940s BMW R 75 Sahara. The MOD Easy is a retro-themed electric bicycle from Austin-based electric bike maker MOD Bikes. It’s popularly found in its sidecar variant, the Mod Easy Sidecar, which I had the…
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Cleantech & EV'sNews

Canada's EV Investment at Risk Amid Trump’s Return

November 12, 2024
Canada has secured more than $50 billion in EV-related investment over the past three years, all gearing up for US demand, with Canada’s economy “deeply intertwined” with the US – but Trump may throw a major wrench into the plan. As newly elected president Donald…
Cleantech & EV'sNews

These EVs are a steal with lease prices under $300 a month this November

November 8, 2024
With big discounts and lower-priced models hitting the market, electric vehicles are getting more and more affordable. Here are the EVs you can drive off in this November with lease prices under $300 a month. EVs for lease for under $300 a month November 2024 New models like the Honda Prologue and Chevy Blazer, Equinox, and Silverado EVs are rolling out nationwide, giving buyers more options than…
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