Warren Buffett says that he doesn’t want to compete with Elon Musk – and especially Tesla – as he divests from BYD.
Over the last year, Warren Buffett’s Berkshire Hathaway has been divesting from Chinese automaker BYD. Last week, Berkshire Hathaway sold two million BYD shares again.
Following the last sale, Buffett and his number two, Charlie Munger, said that they don’t want to compete…
A company is developing self-propelled, battery-electric railcars you can control with your phone
May 12, 2023
A young tech company called Intramotev has developed zero-emissions freight mobility solutions that could help significantly decarbonize (and revitalize) a major industry in the US. Following a new $200,000 grant from the state of Michigan, Intramotev looks to deploy three…
Volkswagen is teasing its newest flagship electric sedan variant, the ID.7 GTX. The new VW ID.7 GTX will include new sporty design features, more power, and a dual-motor AWD system.
We got our first look at the all-new Volkswagen ID.7 at CES in January, with the automaker…
Subaru suddenly breaks electric following tripled annual profits, promises 4 crossover EVs in US
May 12, 2023
Two months into his term as the new CEO of Subaru, Atsushi Osaki is making some admirable changes that could soon benefit US consumers and our planet’s ecosystem. The Japanese automaker looks to ride a wave of massive annual profits into a new transition of bolstered EV production that includes at least four all-electric Subaru models.
After years and years of stubbornness and minimal effort to…
Tesla has started to release a new Full Self-Driving Beta update with some performance improvements – although it doesn’t look like a huge update from the release notes.
FSD Beta enables Tesla vehicles to drive autonomously to a destination entered in the car’s…
Mere weeks after closing orders for its flagship EX90 SUV, Volvo Cars has announced a delay to the EVs production schedule, citing the need for additional software development and testing.
Volvo Cars began teasing a new and completely bespoke SUV called the EX90 in…
In the highly-competitive world of electric bike design, there are often originators and follow-on imitators. But when Himiway rolled out its new Pony micro e-bike a few months ago, the blurry line between imitation and inspiration seemed quite clear to JackRabbit, who alleges that Himiway ripped off the design of its popular electric micro e-bike.
JackRabbit landed on the micromobility scene…
Polestar (PSNY) delays Polestar 3 production, cuts annual target amid record Q1 deliveries
May 12, 2023
EV maker Polestar (PSNY) hit another record in the first three months of 2023, delivering over 12,000 vehicles in Q1. Despite the strong start, Polestar says it will delay the onset of production of its electric SUV, the Polestar 3, as it finalizes software development. On…
Quick Charge Podcast: May 10, 2023
May 11, 2023
Listen to a recap of the top stories of the day from Electrek. Quick Charge is available now on Apple Podcasts, Spotify, TuneIn and our RSS feed for Overcast and other podcast players.
New episodes of Quick Charge are recorded Monday through Thursday and again on…
On Wednesday, several activist groups briefly interrupted Volkswagen’s annual general meeting. One claimed VW is “making climate-damaging decisions,” and the other says the automaker uses forced labor to build cars in China.
Cake was thrown from an unknown party, and investors raised concerns over VW losing ground in China to EVs.
Protests erupt at Volkswagen annual meeting
At…
