At least Democrats and Republicans are beginning to agree on one thing – EVs can save you money (and the environment). Although EVs are often associated with liberal-leaning voters, more and more conservative buyers are going electric to save money on gas and experience the latest performance and technology.
Electric vehicles hit a record 7.2% share of new vehicle sales in the first quarter…
Here at Electrek we have spent countless hours undertaking detailed hands-on testing of hundreds of electric bikes. Through those thousands of miles of riding, we’ve gotten to know these e-bikes inside and out, top to bottom and front to back. That dedication to real world…
Stellantis forms joint venture to recycle end-of-life vehicles and create a more circular economy
June 5, 2023
Global automaker Stellantis is announced a new joint venture with metal recycling specialist Galloo to develop a more circular economy on its way to becoming greener throughout its entire business by 2030. Together, Stellantis and Galloo intend to implement a service to…
Ferrari CEO doesn’t expect EVs to reduce margins
June 5, 2023
Ferrari’s (RACE) CEO, Benedetto Vigna, said on Monday the Italian luxury sports carmaker’s so-called e-building will be ready next summer. Although Ferrari’s first EV isn’t due out for at least another two years, Vigna claimed he doesn’t expect to see margins shrink.
Ferrari CEO says margins will be maintained with EVs
Speaking at Bloomberg’s Italy Capital Markets Forum, Vigna said…
Following the deal to work with Ford on access to the Supercharger network, CEO Elon Musk says that Tesla is open to licensing Autopilot, Full Self-Driving, and EV technology to other automakers.
Are there going to be any takers?
Back in 2014, Tesla announced that it made…
Fiat is preparing to revamp its brand in the US. The Italian automaker is bringing its top-selling electric car, the Fiat 500e, back to the US in an attempt to take on Tesla and the booming EV market.
With Fiat sales diminishing to nearly nothing over the past several years…
Tesla and Ford partnership on charging standard angers CCS coalition, but they are wrong
June 5, 2023
CharIn, the association behind the CCS EV charging standard, has issued a response to the Tesla and Ford partnership on the NACS charging standard.
They are unhappy about it, but here’s what they get wrong.
Last month, Ford announced that it will integrate NACS, Tesla’s charge connector that it open-sourced last year in an attempt to make it the North American charging standard, into its…
GM CEO says Tesla has the lead in electric cars, doesn't see profitable $30-40K EVs until end of decade
June 5, 2023
GM CEO Mary Barra says that she doesn’t see profitable electric cars in the $30,000 to $40,000 range until the end of the decade or “maybe even later.”
Here’s why she is wrong and why it doesn’t even matter.
At a Sanford Bernstein conference, Barra commented on…
A cargo ship struck an offshore wind turbine at the 330-megawatt (MW) Gode Wind 1 wind farm in the German North Sea – now we know why.
The ship hit a turbine at Danish wind giant Ørsted’s Gode 1 off the German coast in April because it was on autopilot and kilometers…
Tesla’s new inventory vehicles are going down following a high earlier this year as recent discounts, new tax credits, and referrals appear to be working.
High-interest rates and inflation have made the auto market have reduced the pool of new car buyers and made the auto market more competitive.
To compete, Tesla has slashed prices on new orders throughout the year.
More recently, the…
