Cleantech & EV’s

Two years after launching its Battery-as-a-Service (BaaS) model, NIO has amended its program to allow those customers enrolled in battery swaps to opt out and purchase their EV battery. NIO states that its decision is based off feedback from consumers who regret their BaaS enrollment, but explains this group remains relatively small. NIO ($NIO) is an EV automaker founded in China in 2014 that…

According to the latest registration data, Tesla still owns about 75% of the US’s electric car market so far this year with Model Y and Model 3 alone at the top. For years now, Tesla has been dominating the electric auto market in its home country. It is expected that Tesla’s hold on the market will erode as more EV options hit and help grow the US market, but for now, the US EV market is…

In a very “Muskivelian” move today, Rivian CEO RJ Scaringe tweeted some cool new features that would be coming to owners, while Tony Caravano, head of Rivian customer engagement, told reservation holders with Ocean Coast interiors (like myself) that their vehicles would be delayed further. Oh and today’s the day that Rivian stakeholder and competitor Ford starts deliveries of the F-150…

As part of a lawsuit between shareholders and Elon Musk regarding his “funding secured” tweet, new text messages and emails between Musk and people involved have been released. The communications pretty much confirmed how most people saw the situation: Elon Musk took a meeting with the head of Saudi Arabia’s Public Investment Fund (PIF) and had early discussions about taking Tesla private…