After posting strong Q2 earnings, EV maker Rivian (RIVN) is raising guidance numbers for the year. Rivian continues ramping production while gross margins improved by 50%. Overall, it was a solid improvement quarter-over-quarter.
Rivian Q2 2023 earnings preview
Yesterday, we posted a preview of what you can expect from Rivian’s Q2 earnings report, indicating investors will be watching…
Germany’s top automaker just took the top EV position after squeaking by Tesla in electric car registrations through July. Volkswagen leads the German EV market with its new electric van gaining momentum.
Volkswagen overtakes Tesla in the German EV market
Although Tesla…
The Hyundai Motor Group announced it would target one of the largest auto markets globally with plans to unveil five EV models in India as it transitions to an electric future.
After surpassing GM, Nissan, and Stellantis in annual volume last year, the Hyundai Motor Group…
Tesla and EnergyHub have announced a new partnership to build “the largest virtual power plant in [the] Northeast.”
Virtual power plants are becoming one of Tesla’s most underappreciated products.
Tesla is using its existing and growing fleet of Powerwalls to aggregate their power capacity and offer electric grid services to utilities while compensating homeowners for using their home…
Utility-scale solar and wind provided over half of new US generating capacity added in the first half of 2023, according to new Federal Energy Regulatory Commission (FERC) data.
The SUN DAY campaign reviewed FERC’s latest monthly “Energy Infrastructure Update”…
Tesla has hired a new manufacturing executive from Eli Lily to lead its elusive Gigafactory Nevada expansion.
Tesla Gigafactory Nevada was the first major step in Tesla’s effort to secure battery cell supply for its ambitious growth.
The automaker partnered with Panasonic…
Lucid Air Sapphire final specs unveiled with over 1,200 hp, 0 to 60 mph in 1.89 seconds
August 9, 2023
EV startup Lucid Motors revealed the final specs for its Tesla Model S Plaid-rivaling “luxury electric super-sports sedan” Tuesday. Boasting more than 1,200 hp, the Lucid Air Sapphire accelerates from 0 to 60 mph in a mere 1.89 seconds.
After hyping up an ultra-high-performance tri-motor electric Air sedan, building anticipation for several months, Lucid finally revealed the Sapphire EV at…
It’s a tale as old as time… well at least for the past fifteen years or so when we look at the EV industry. EV battery and vehicle platform specialist Proterra is the latest company to join an infamous list of electrified tech companies who have filed for Chapter 11…
GM to expand vehicle-to-home (V2H) bi-directional charging capabilities to all Ultium-based EVs
August 9, 2023
Just over a month after unveiling its lineup of Ultium Home energy management bundles, GM has shared new details, pertaining specifically to vehicle-to-home (V2H) charging capabilities, and how that technology will affect its EV lineup going forward. Soon, all GM EV’s on…
As sales of electric vehicles continue to surge, many new and prospective customers have questions about qualifying for federal tax credit on electric vehicles, especially now that a slew of new credits have been reinstated to US consumers (alongside their fair share of confusing and ever-evolving conditions)
Whether you qualify is not a simple yes or no question… well, actually it sort of is…
