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…
19 groundbreaking US solar recycling and manufacturing projects just got $82M in funding
April 20, 2023
The US Department of Energy just invested $82 million in 19 innovative projects in 12 states to boost US solar manufacturing and recycling.
As part of that $52 million in funding, $10 million will come from the Bipartisan Infrastructure Law to strengthen the US domestic…
After submitting updated documentation, the Rivian R1S and R1T models will, in fact, qualify for at least a portion of the EV tax credit.
Rivian gains back a portion of the EV tax credit
The Inflation Reduction Act, passed last August, provides up to $7,500 in tax credits…
US Treasury: Nissan LEAF, BMW, others lose full $7,500 EV tax credit, Tesla base Model 3 cut in half [Updates]
April 20, 2023
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…
ZEEKR builds 100,000th EV in just 18 months, gaining steam ahead of launch into Europe
April 20, 2023
Booming luxury EV brand ZEEKR is celebrating production milestones while simultaneously setting its sights on its next phase of expansion into Europe. The Geely-backed automaker recently rolled its 100,000th EV off its assembly line in China, a mere 18 months after flagship…
Harley-Davidson's LiveWire S2 Del Mar electric motorcycle price drops, EU price announced
April 20, 2023
LiveWire is rolling closer to the summer 2023 release of its second electric motorcycle model, the LiveWire S2 Del Mar. The company has just confirmed new pricing for the production model in the US as well as for the upcoming EU version of the electric motorcycle.
The S2…
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…
Volvo Group is leading the charge towards a sustainable future as demand for fully electric trucks and buses continues building globally. Volvo Group delivered a total of 683 electric trucks in the first quarter of 2023, up 254% year-over-year (YOY).
Volvo Group, the parent…
X Shore, an electric boat maker based in Stockholm, just announced plans to make its electric boats available in marinas across the United States.
The new partnership with Safe Harbor Marinas will give its members exclusive access to X Shore’s flagship Eelex 8000…
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…
