Cleantech & EV'sNews

Porsche is cutting nearly 2,000 jobs in Germany as its EV struggles worsen

Porsche plans to cut 1,900 jobs in Germany by 2029 as it struggles with slumping EV sales. The luxury sports car maker has already warned of lower profits this year. With plans to reduce its workforce, is Porsche sounding the alarm? Porsche to cut jobs in Germany as EV sales lag After announcing last week that it expects profit margins of around 10% to 12% this year, significantly lower than its…
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Cleantech & EV'sNews

Ford CEO warns Trump tariffs will 'blow a hole' in the US auto industry like we've never seen

As automakers brace for new tariffs on imports from Mexico and Canada, Ford’s CEO Jim Farley is warning the extra costs would be “devastating.” Farley said the additional tariffs, which could go into effect as soon as March 1, would be a “blow a hole” in the US auto industry. Ford CEO says Trump tariffs would be devastating for the US After Trump imposed an extra 25% tariff on imports…
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Cleantech & EV'sNews

Tesla starts production at Megafactory in Shanghai

Tesla has started production at its new Megafactory in Shanghai, its second such factory, and it is starting to ship to its first customer. Energy storage has been Tesla’s silver lining over the last few quarters. While its main business, the automotive business, has been…
Cleantech & EV'sNews

This ‘sold-out’ street-legal electric motorcycle is also an electric snowmobile

It’s a tale as old as time. A man takes a ride on an electric motorcycle and thinks to himself, “This is great, but you know what it’s missing? The ability to morph into an electric snowmobile, too.” Ok, perhaps it’s not the most common thought among us. But that hasn’t stopped it from apparently becoming a reality thanks to Canadian designer Steven Foster, who has now spent three…
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Cleantech & EV'sNews

Jeep is offering over $10,000 off the Wagoneer S for Presidents' Day

The first electric Jeep in the US is already getting some hefty discounts. Jeep introduced significant savings for President’s Day, including on the new Jeep Wagoneer S. With a new cash bonus, you can score over $10,000 off Jeep’s new electric SUV. Here’s how. Jeep introduces new Wagoneer S Presidents’ Day offer Jeep wants to revamp the brand and attract new buyers as its first electric…
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