Cleantech & EV’s

American EV startup Canoo shared its latest report outlining its results for Q2 of 2022 as it continues to fight to stay out of the red in a race toward production. Canoo is now reporting another big loss for the quarter. And, although it has $1 billion in its sales pipeline, only a minority percentage of those commitments are binding under contract. Canoo ($GOEV) is an LA-based EV startup…

Ford is co-hosting a CEO summit today along with several major US chipmakers to discuss how they can address the chip shortage holding back the EV industry. Despite a chip shortage holding the industry back, demand for EVs is hitting a record pace. Legacy automakers are investing billions into electric models to meet the rising demand. For example, Ford expects to spend $5 billion on EVs in…

Following a less than stellar Q2 financial report last week, Lucid Motors is diverting the public’s eyes to a shiny new exterior design add-on for the Air sedan called “Stealth Look.” This darker, sportier design replaces thirty-five exterior components on the Air and will come as a choosable option to compliment any of the five color options currently available. Since beginning deliveries…

The Senate’s passing of the Inflation Reduction Act should be applauded as a major step toward protecting our planet. However, it is important to note that while this agreement offers big incentives for electric cars, it also abandoned on the side of the road a critically important class of electric vehicle: electric bicycles. The Inflation Reduction Act is a cleverly repackaged version of the…