Commercial EV maker Lion Electric released its Q2 2022 earnings results today, showing another strong performance as demand grows for commercial EVs. Lion Electric is carving out a profitable market with a record number of vehicle deliveries and a growing line-up.
With over 12 years of experience, Lion Electric was one of the first to introduce all-electric, medium, and heavy-duty urban…
Arrival (ARVL) to reportedly shelve Bus and Uber Car to cut costs and prioritize Van deliveries
August 5, 2022
Recent news out of London affirms previous statements from UK-based EV start-up Arrival – which has said it plans to cut at least one-third of its costs amid waning cash flow in order to get production of its electric Van over the starting line. The company aims to begin…
Tesla Cybertruck reservation holders got a minor update on the upcoming electric truck at Tesla’s annual shareholder’s meeting. CEO Elon Musk confirmed that it is going to have a higher price than previously announced, and that production equipment is about to be…
Alabama believes it can become an EV hub – here’s why
August 5, 2022
Alabama officials are gearing up for one of the biggest transformations in the state’s history. With every automaker in the state planning to release an electric model, Alabama believes it can become the next EV hub.
In 2021, battery electric vehicles (EVs) registered in the state of Alabama jumped 61%. Yet, the state is still on the lower end of EV sales, with only 0.1% of vehicles registered…
This week on the Electrek Podcast, we discuss the most popular news in the world of sustainable transport and energy. This week, we discussed Tesla’s Cyber Roundup annual meeting, a concerning Jaguar I-Pace fire, our BMW i4 review, and more.
The show is live every…
The Inflation Reduction Act (IRA), a now fully supported Democratic bill that addresses climate change and contains wind and solar spending, is expected to be introduced tomorrow in the US Senate. Here’s what its potential impact is, should it become law.
Princeton…
Tesla has announced that it has recently produced its 3 millionth electric car since its inception back in 2004 (though production only started in 2008).
During Tesla’s annual shareholder’s meeting today, CEO Elon Musk announced that Tesla produced its 3 millionth vehicle over “the last few weeks.”
The CEO added:
10 years ago, we had made less than 3,000 cars, now here we stand, 10…
Ride1Up’s Core-5 electric bike has received an upgrade to improve its already popular position as a cost-effective $1,195 commuter electric bike.
The first major update to the Ride1Up Core-5 appears to be increasing the battery capacity to achieve longer range.
Boosting…
Elon Musk teases new Tesla factory in Canada
August 5, 2022
Elon Musk has teased the announcement of a new Tesla factory location by the end of this year. The CEO hinted strongly that it could be in Canada.
Over the last year, Musk has been talking about Tesla announcing a location for a new gigafactory.
At Tesla’s annual…
Tesla has teased its Optimus humanoid robot prototype with a new image ahead of a full unveiling planned for September 30th.
Earlier this year, CEO Elon Musk announced “Tesla AI Day #2” with “many cool updates” on August 19.
The original “Tesla AI Day” held last year was an event focused on the company’s self-driving program. The automaker also unveiled its Dojo supercomputer and…
