Cleantech & EV'sNews

Rivian (RIVN) is not happy to be left out of new EV tax credit

Rivian (RIVN) commented on the new EV federal tax that is expected to be adopted, and the American automaker said that it is not happy to be left out of the new incentive. Last week, the US Senate came to an agreement on the reform of the federal tax credit for electric vehicles. It looks like it might finally happen after roughly two years of work, though it’s still pending a vote. The new…
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Cleantech & EV'sNews

GM offers Chevy Bolt EV owners $6,000 if they promise not to sue over battery fire recall fiasco

General Motors has started offering Chevy Bolt EV owners a $6,000 refund as long as they promise not to sue over the battery fire recall fiasco of last year. In June, GM announced that the 2023 Chevy Bolt EV and EUV are getting a significant $6,000 price cut – this was surprising at a time when most automakers are raising the prices of electric vehicles. On the other hand, the Bolt EV and EUV…
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Cleantech & EV'sNews

Lectric eBikes launches new 45% larger battery for popular low-cost Lectric XP 2.0 and 1.0 e-bikes

Faster and farther – those are two of the most common requests from many e-bike riders who rely on their bikes for daily trips. The e-bike is already quite fast at 28 mph (45 km/h), but now it is going farther than ever thanks to a big battery upgrade launched today by the manufacturer. Lectric eBikes’ new long-range battery Phoenix-based Lectric eBikes, the fast-growing company behind the…
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Cleantech & EV'sNews

Toyota and Panasonic secure US lithium to boost EV capacity

Toyota Motors is boosting its US EV capacity with a new supply agreement with Ioneer LTD’s Rhyolite Ridge mining project. According to the new deal, Ioneer will supply 4,000 tonnes of lithium carbonate annually to the Toyota-Panasonic battery venture. Lithium, a critical component of EV batteries, is in high demand as electric vehicle sales continue to break records. The deal comes as a newly…
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