According to a credible new report, Elon Musk has reportedly shut down an internal analysis from Tesla executives that showed the company’s Robotaxi plans would lose money and that it should focus on its more affordable ‘Model 2’.
In early 2024, we reported that Musk had canceled Tesla’s plan for a new affordable electric vehicle built on its upcoming ‘unboxed’ vehicle platform, often…
Geely exercises its Put Option on Lotus UK, enabling reintegration of all businesses under the Lotus brand
April 18, 2025
Bear with me, as this one is a bit complicated and jargon-heavy. Lotus Technology Inc. announced that Geely, the majority owner of its vehicle manufacturing business Lotus UK, exercised its put option earlier this week to sell its 51% stake in the latter company back to the…
California’s e-bike incentive program is back, offering CA residents another opportunity to receive up to $2,000 off a new electric bicycle.
The second application window opens on April 29 at 5 PM, with 1,000 vouchers set to become available. In order to become eligible…
Sunreef Yachts introduces Solar Skin 3.0 cell with AI optimization for marine electrification
April 16, 2025
Cutting-edge yacht and electric catamaran designer Sunreef Yachts has unveiled its latest generation of solar skin technology. The silicon solar cells, designed in-house by Sunreef, are now more efficient, durable, and bolstered by AI optimization. As such, Sunreef is calling its Solar Skin 3.0 technology a “visionary leap toward the future of yachting.”
Sunreef Yachts has been operating out…
Chargetronix's new 1,280 kW system can charge up to 16 electric trucks from a single cabinet
April 16, 2025
EV charging solutions provider Chargetronix has unveiled a new state-of-the-art distribution system alongside its third-generation chargers. The 1,280 kW system can charge up to 16 electric trucks from each cabinet, and Chargetronix’s next-generation chargers will serve…
Volvo parent company Geely is the latest Chinese EV to be put through the ringer by the European NCAP and Australian ANCAP, and its EX5 electric crossover aced both tests scoring an all-important five-star safety rating.
A common refrain around most American water coolers is…
Based on a capable Volvo FM Electric 8×4 chassis, Putzmeister revealed one of the world’s largest all electric concrete pump trucks at the bauma equipment expo in Munich, Germany this week. The zero-emission concrete pumper can up to 50 km and pump approximately 50 cubic meters of concrete on a single charge.
50 km (a little over 30 miles) and 50 cubic meters (about 65 cubic yards) may not…
Volvo CE arrived at bauma 2025 in Munich, Germany with a groundbreaking (Ha!) electric line of heavy equipment options that includes the new A30 Electric articulated haul truck – a world’s first from the Swedish equipment brand!
Volvo CE is calling its bauma display a…
Tesla's top financial controller leaves (TSLA)
April 11, 2025
Tesla’s director of accounting controllership, Harsh Rungta, has left the automaker and joined eVTOL aircraft manufacturer Archer Aviation.
Rungta has been at Tesla for more than 6 years.
He came from PricewaterhouseCoopers LLP (PwC), Tesla’s independent registered…
That Kia EV sedan we’ve been waiting for is almost here. Kia also confirmed it will launch a midsize pickup in North America. Next week, three new Kia vehicles, including the EV4, its first electric sedan, will debut at the New York International Auto Show. Here’s what to expect.
Kia’s first electric sedan will debut at the NY Auto Show
Back in 2023, the EV4 stole the show as a concept…