Cleantech & EV’s

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General Motors (GM), through its joint venture, SGMW, began sales of its Wuling Bingo on March 29 with a starting price of 59,800 yuan ($8,500). After only a month, SGMW revealed 16,383 Bingo deliveries as the automaker continues to gain market share in China’s booming EV sector. SGMW is a joint venture between SAIC, GM, and Wuling Motors in China. The automaker is best known in the electric…

Elon Musk has decided to settle a defamation lawsuit against him brought by a man he claimed “almost killed” a Tesla worker – a claim that wasn’t backed by evidence. At this point, Musk is quite used to being sued for defamation and other related matters. Of course, there’s the famous “pedo” case, which he fought for years and ended up winning in a trial, but that was not related…

EV start-up Lordstown (RIDE) just hit another major hurdle in its journey to bring the Endurance electric pickup to market. According to an SEC filing on Monday, Lordstown may be facing bankruptcy after Foxconn, which has been a lifeline for the company thus far, signaled an end to their investment agreement. Lordstown has faced an uphill battle in bringing its first electric model, the Endurance…