Cleantech & EV'sNews

Hyundai Motor Group begins building autonomous rover designed to explore the moon

Hyundai Motor Group has shared details of the development of an autonomous lunar exploration rover it is designing with Korean aerospace partners to one day navigate the surface of the moon. The Group is aiming to deliver a launch-capable model utilizing Kia and Hyundai technologies by 2027. Hyundai Motor Group’s journey beyond the land, sea, and air of Earth dates back to the summer of 2022…
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Cleantech & EV'sNews

US Treasury: Nissan LEAF, BMW, others lose full $7,500 EV tax credit, Tesla base Model 3 cut in half [Updates]

Following its delayed but long-anticipated battery guidance pertaining to federal EV tax credits, the US Treasury Department’s requirements are about to kick in, and it’s not great news for all prospective EV buyers. Beginning tomorrow, EVs from major automakers like BMW and Nissan will no longer qualify for any tax credits at the federal level, while Tesla’s base Model 3 is cut in…
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Cleantech & EV'sNews

Tesla (TSLA) crashes despite strong earnings; is the credibility going away?

Tesla’s stock (TSLA) crashed 7% today following earnings that actually met expectations. So what is the problem? Is Tesla losing its credibility? Yesterday, Tesla released its Q1 2023 financial results and met earnings expectations of $0.85 per share and even surprised many by maintaining an automotive gross margin over 19% despite significant price cuts during the quarter. Tesla was still…
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Cleantech & EV'sNews

2023 Tesla prices: How much does your favorite model cost?

Although its lead has started to dwindle a bit going into 2023, Tesla continues to be the true #1 in EVs around the globe by market cap. While other automakers are driving their new electrified models through a door in the automotive industry that Tesla originally kicked in, the American automaker continues to offer four super popular EV models. That being said, prices have risen in recent years…
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