The US Bureau of Ocean Energy Management (BOEM) today held the lease sale for two offshore wind areas in Carolina Long Bay. Up to 16 prequalified bidders competed for lease rights for 110,091 acres off North Carolina’s and South Carolina’s shores. Together, they will result in at least 1.3 gigawatts (GW) of offshore wind energy, enough to power nearly 500,000 homes.
Carolina Long Bay…
Japan, the world’s second-largest car exporter, risks a 14% drop in GDP if it does not move more swiftly toward producing electric vehicles, according to a new report by the Climate Group.
The Climate Group is a non-profit founded in 2003 with the intent to inspire global…
Rivian (RIVN) Q1 2022 results – $1.5b loss, 10k new orders, reaffirms 25k production guidance
May 12, 2022
Rivian has posted its Q1 2022 results and shareholder letter after market close today, showing $95 million in revenue and a loss of $1.593 billion for the quarter ($1.77 per share), up from a loss of $414 million from the same quarter last year. It ended the quarter with…
Quick Charge Podcast: May 11, 2022
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 Saturday. Subscribe to our podcast in Apple Podcast or your favorite podcast player to guarantee new episodes are delivered as…
Tesla has asked Panasonic to speed up its development of the 4680 battery cell, which is going to power its next-gen electric vehicles.
The Japanese manufacturer is reportedly still looking for a location for a US factory.
Back in 2020, Tesla unveiled its 4680 battery…
Aventon Pace 500 Next Gen electric bike review: Testing a high-value option for a city e-bike
May 11, 2022
Aventon’s electric bikes have always impressed me with their build quality and attention to detail. When the company launched an updated version of its popular Pace 500 e-bike, I knew to expect more of the same excellent qualities. Now that I’ve been able to spend some…
Spring weather means it is time to get out there and start making sure your yard is in shape. Today we’re tracking a notable discount on an electric tool to help the cause, with EGO’s Power+ Hedge Trimmer helping you make last year your last time relying on gas or oil. Now down to a new all-time low at $74 off, there hasn’t been a better time to switch over to this essential electric tool.
Amid rumors of a new EV factory in Georgia, Hyundai confirms plans for a new electric car factory in the US, but it’s not clear where yet.
The Korean automaker has started production of electric vehicles in the US starting with the Genesis GV70 EV at its factory in…
Tesla CEO Elon Musk shut down the idea of Tesla buying another automaker, but the CEO seems very open about the automaker possibly buying a mining company.
Ever since Tesla’s valuation surged to over $500 billion, there have been rumors about the company absorbing…
Ford F-150 Lightning first drive: This is BIG
May 11, 2022
Ford flew us down to San Antonio, Texas, and took us around town and out to a lovely country winery to test the Ford F-150 Lightning in its natural habitat. They say everything’s bigger in Texas…
Ford calls the F-150 Lightning the smartest, most innovative F-150 that Ford has ever built. It is easy to see why. Compared to a normal F-150, the Lightning has:
10-kilowatt smart power plant on…
