Tesla’s stock (TSLA) plunged this afternoon after it was reported that Elon Musk agreed to finally go through with his deal to buy Twitter.
That means he won’t be buying back Tesla stocks.
After a bad day on the stock market yesterday following its Q3 delivery and production release and the market digesting its AI day, Tesla was up 5% today.
However, things turned south real quick this…
Without a grid upgrade, US electrification can’t go forward. This company is helping to fix it
October 4, 2022
LineVision, based in Somerville, Massachusetts, provides “electric utilities with the real-time monitoring and analytics needed to accelerate the net zero grid.” Here’s why this company might play a crucial role in helping to upgrade the US grid and global grids to…
Tesla announced today that it is moving away from using ultrasonic sensors in its suite of Autopilot sensors in favor of its camera-only “Tesla Vision” system.
Last year, Tesla announced it would transition to its “Tesla Vision” Autopilot without radar and start…
E-bike company releases over-the-air update boosting its electric bike speed over 50%
October 4, 2022
As if we needed any more evidence proving how tech-integrated the latest generation of e-bikes are, look no further than the OKAI EB50. The company has just released an over-the-air (OTA) update that lets users significantly increase the top speed limit of the bike.
Originally launched earlier this summer as the OKAI Ranger, the 1,000W fat tire OKAI EB50 electric bike arrived with a rather…
Rivian confirms production of 7,363 electric pickups and SUVs in Q3, a significant ramp
October 4, 2022
Rivian (RIVN) announced that it produced 7,363 electric pickups and SUVs during the third quarter of 2022. It’s a significant ramp for the automaker, but at what cost?
The third quarter of 2022 closed out Rivian’s first year of producing vehicles, and the automaker…
BMW of North America established a new quarterly benchmark in the third quarter, delivering 4,337 battery electric vehicles. The automaker is expanding its EV portfolio, expecting to boost sales even further with the BMW i7, set to arrive at US dealerships in the fourth…
Quick Charge Podcast: October 3, 2022
October 4, 2022
Listen to a recap of the top stories of the day from Electrek. Quick Charge is available now on Apple Podcasts, Spotify, TuneIn and our RSS feed for Overcast and other podcast players.
New episodes of Quick Charge are recorded Monday through Thursday and again on Saturday. Subscribe to our podcast in Apple Podcast or your favorite podcast player to guarantee new episodes are delivered as…
Georgia Senator introduces bill that would allow Hyundai, other automakers to qualify for EV tax credit
October 3, 2022
Georgia Senator Reverend Warnock introduced a new bill that would expand which electric vehicles qualify for a tax credit through the Inflation Reduction Act. The Affordable Electric Vehicles for America Act would give automakers like Hyundai a “grace period” to build…
BYD sold 161% more EVs in China than same time last year, entering new markets with growth momentum
October 3, 2022
Chinese automaker Build Your Dreams (BYD) continues to stake its case for worldwide attention as it reports tremendous year-over-year EV sales growth for yet another consecutive month. When looking at the company’s growth since 2020 and its recent expansion into new…
The state of Vermont has launched an incentive program that will help residents scrap and replace old gas cars with new or used eligible electric vehicles (EVs) or plug-in electric vehicles (PHEVs).
The first of two phases of the Replace Your Ride program will help lower-income Vermont residents replace older, high-polluting light-duty vehicles with EVs or PHEVs.
Vermont transportation secretary…
