Cleantech & EV'sNews

The battle over Elon Musk's Tesla comp package heats up

The battle over Elon Musk’s compensation package is heating up as a big advisory firm is recommending shareholders vote against it, and Musk fans are resorting to scare tactics. Over the last few weeks, Tesla shareholders have been voting on several new proposals put forward by the board. The two main proposals that the board is trying to get through are a new vote on Musk’s 2018 CEO…
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Cleantech & EV'sNews

Tesla plans to ramp up Tesla Semi deliveries to PepsiCo

Tesla is planning to ramp up Tesla Semi deliveries to PepsiCo, its main customer, ahead of the electric semi truck’s volume production. The Tesla Semi program has seen some fairly serious delays. It was first unveiled in 2017 and it was supposed to come to production in 2019. Instead, it came to production in late 2022 and it has been in extremely limited production since. For over a year…
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Cleantech & EV'sNews

The 'most affordable' DIY e-bike kit company just launched a new $349 version

Swytch, makers of the self-proclaimed “most affordable” electric bike conversion kits out there, announced its newest model this morning. The UK-based company’s new Swytch GO kit comes with a super low pre-order price of just £299 (or US $349 for North American customers), though there’s a bit of a catch. The catch is that’s the pre-order price if you don’t mind joining a waitlist…
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Cleantech & EV'sNews

Ford asks suppliers for ideas to cut EV costs in an all-win-or-lose push for profitability

Ford is putting “everything on the table” to keep up with Tesla and fast-rising Chinese EV makers like BYD. In a new memo, Ford asked suppliers about ideas to cut EV costs after its Model e unit continued to bleed billions in Q1. Like many rivals, Ford introduced significant price reductions to keep up with Tesla’s price cuts. Although the move has helped boost demand, it’s also…
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