Cleantech & EV’s

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 managed a significant ramp-up over the last 12 months. Today, Rivian confirmed: Rivian Automotive, Inc. (NASDAQ: RIVN) today…

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 and assemble EVs in North America, allowing them to qualify for the tax credit. Senator Warnock’s new bill aims to lower…

The Sur Ron Storm Bee has been one of the most hotly anticipated electric motorcycles in the US for several years running. Now we’ve learned that the North American distributor has finally set a date for the long-awaited electric dirt bike’s arrival. According to the distributor DIAN Inc, the Sur Ron Storm Bee is expected to arrive in the US by February 2023. From there, the bikes will be…

Tesla is finally planning to expand the Gigafactory Nevada building after years of being “stuck” at about “30% of its final size.” Tesla Gigafactory Nevada was the first major step in Tesla’s effort to secure battery cell supply for its ambitious growth. The automaker partnered with Panasonic to deploy new battery cell production capacity at the facility, and Tesla used those cells to…