Cleantech & EV'sNews

Elon Musk sells massive $6.5 billion chunk of Tesla (TSLA) stake

Tesla has disclosed that CEO Elon Musk sold around $6.5 billion worth of Tesla (TSLA) shares last week. It’s a significant chunk of his Tesla stake, but the reason behind the sale is unknown as of now. A Twitter settlement maybe? Update: Musk has commented on the sale, and we have added those comments to the end of this article. Today, Tesla released a series of SEC filings on Tuesday evening…
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Cleantech & EV'sNews

Jaguar Land Rover opens new facility to test next-generation EVs

Jaguar Land Rover is another automaker investing heavily to gain market share with its EVs. The company is announcing that it’s opening a new testing facility for its advanced electric vehicles. In Jaguar Land Rover’s latest push for EV market share, the company is announcing a new testing facility in Gaydon, UK. The automaker will use the new Electromagnetic Compatibility (EMC) lab to test…
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Cleantech & EV'sNews

EVgo Q2 earnings: accelerating growth on soaring EV demand, revenue up 90% YOY

The US’s most extensive public fast charging network, EVgo, reported Q2 earnings today, reflecting strong growth on the heels of soaring EV demand. EVgo operates over 850 fast charging locations across 30 states, making it the most prominent public fast charging network in the US. The company has been leading the charge for EV adoption by partnering with top automakers and providing charging…
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Cleantech & EV'sNews

Chinese automaker Great Wall taps Emil Frey to distribute its EVs in Europe, beginning with Germany

Chinese automaker Great Wall Motor has announced its next steps in previously laid out plans to expand EV sales to markets in Europe. Beginning with Germany, Great Wall has recruited the services of Emil Frey – the EU’s largest car dealer group to help distribute vehicles from the Ora and Wey marques. Great Wall Motor (GWM) is the largest manufacturer of SUVs and pickups in China and was the…
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