Cleantech & EV'sNews

Most electric cars are cheaper to own from day one – report

Electric cars aren’t just cheaper over the long term but have cheaper total monthly cost from day one for most buyers in the United States, according to a new report from Energy Innovation. A common refrain from new car buyers is that they’d like to buy electric, but they can’t justify the higher initial price. We have known for a long time that total cost of ownership for an EV is…
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Cleantech & EV'sNews

Quick Charge Podcast: May 12, 2022

Listen to a recap of the top stories of the day from Electrek. Quick Charge is available now on Apple Podcasts, Spotify, TuneIn and our RSS feed for Overcast and other podcast players. New episodes of Quick Charge are recorded Monday through Thursday and again on…
Cleantech & EV'sNews

This quiet electric motorcycle is helping Ukrainian snipers fight back against the Russians

Electric bikes and motorcycles have been seeing increased military use for several years. So it should come as no surprise that Ukrainian forces have found them to be an effective tactical vehicle to fight back against Russian aggression. It’s been more than two months now since Russian soldiers invaded Ukraine’s borders, indiscriminately attacking both civilian and military targets. Ukrainian…
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Cleantech & EV'sNews

Lordstown Motors closes sale of plant to Foxconn for $230M in much needed cash

Back in an unassuming corner near the exit of the ACT Expo at the Long Beach convention center sits a black Lordstown Motors Endurance pickup. As at least two ACT attendees asked questions about the prototype, its manufacturers were publicly announcing the official sale of its assembly plant. Lordstown Motors has officially closed its deal with Foxconn, who will now build the former’s Endurance…
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Cleantech & EV'sNews

Elon Musk is looking to finance Twitter acquisition without loans backed by Tesla shares as price falls

Elon Musk is reportedly looking to secure more equity for the acquisition of Twitter in order to proceed without billions of dollars worth of loans back by Tesla shares. It comes as Tesla’s share price has fallen to significantly. Last month, Twitter’s board officially accepted Elon Musk’s acquisition offer. It still needs to go to a shareholder’s vote and some details are still being…
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