Cleantech & EV’s

Rivian, Fisker, and other EV makers are offering binding purchase agreements to reservation holders after the Senate passed the Inflation Reduction Act with big EV tax credit changes. The availability of tax credits could change within the span of the next few days now that the House has passed the bill, if President Biden signs it quickly. If you’re looking to buy an EV soon, check below to see…

The United States House of Representatives has voted to pass the Inflation Reduction Act, the massive climate bill passed by the Senate on Sunday, in a party-line vote of 220-207, supported by Democrats and opposed by republicans. Now it goes on to Biden’s desk – where the President is expected to sign it in the coming days – which will immediately affect the availability of EV tax…

Electric pickup truck maker, Rivian (RIVN), released its highly anticipated Q2 earnings yesterday, confirming a $1.7 billion loss as the EV maker races the competition towards profitability. A challenging business environment in Q2 is forcing Rivian to cut its financial earnings outlook for the year. The EV maker says it expects a wider loss of $5.4 billion in 2022, compared to the $4.75…

Scientists have come up with a way to make wind farms more energy efficient, and it doesn’t require new investment. Wind turbines are controlled as freestanding units and only maximize their own power production, but the wake of each wind turbine impacts each other. MIT’s Esther and Harold E. Edgerton assistant professor of civil and environmental engineering Michael F. Howland…