Texas-based electric powersports company Volcon says that it will use GM’s propulsion systems to power all of its utility terrain vehicles (UTVs).
Volcon Stag to get GM power
The first model in Volcon’s lineup to get the GM treatment will be the Volcon Stag. That UTV was first unveiled earlier this summer, though at the time we didn’t have many details regarding the exact makeup of the…
Rivian (RIVN) releases Q2 earnings, confirms $1.7 billion loss in race to make money on its electric pickups
August 12, 2022
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…
CATL announces giant new 100 GWh battery plant in Hungary
August 12, 2022
CATL, the world’s largest battery manufacturer, has announced a plan to build a giant new battery plant in Hungary to supply automakers like Mercedes-Benz and BMW.
Contemporary Amperex Technology Co. Limited, abbreviated as CATL, sort of came out of nowhere. It was…
On its Q2 earnings call yesterday, Rivian gave us a glimpse into what we can expect from its newest R2 platform. Rivian is burning through cash as its ramps production of its flagship R1T EV truck model.
Rivian posted a $1.7 billion loss in its Q2 earnings, with labor and material costs rising. At the end of the quarter, Rivian had around 98,000 net preorders for its R1 vehicles, including the…
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.
This week on the Electrek Podcast, we discuss the most popular news in the world of sustainable transport and energy. This week, we discussed Tesla Semi finally coming, a FSD Beta smear campaign, the EV tax credit reform passing the Senate, and more.
The show is live…
I got to spend almost a week with the Mercedes EQS as my daily driver and it sure was interesting to see what it was like owning a $130,000 car. One thing’s for certain and stood out however, electric propulsion takes luxury to a new level. In fact, at this point, I’d be reluctant to call anything with an internal combustion engine a luxury vehicle. Here’s why:
Mercedes EQS exterior…
HittRoad is one of several low-cost electric bicycles currently racking up sales on Amazon. The good thing about these $600-$700 e-bikes is that they help bring the fun and fitness aspects of electric bikes to customers who can’t afford models costing several times these…
Tesla’s Autopilot and Full Self-Driving programs are facing mounting pressure from many fronts as regulators and politicians are getting involved.
The National Highway Traffic Safety Administration (NHTSA) has famously launched 38 special investigations of crashes…
According to new forecasts, the lithium market is expected to double by 2030 as soaring EV demand accelerates.
Is it finally happening? Did we reach the threshold for mass EV adoption? Several legacy automakers are reporting staggering growth in EV sales. In fact, some are having a hard time keeping up with demand.
On Ford’s Q2 earnings call, CEO Jim Farley said, “we’re selling them [EVs]…
