Cleantech & EV’s

ZEV manufacturer, Nikola Corporation, shared plans to ask its shareholders for approval to dilute their current holdings in order to add 200 million new shares, which would raise about $1.5 billion based off its closing price on Friday. The startup plans to use the funds to scale production of its Tre BEV trucks and finish building its US manufacturing facility in Coolidge, Arizona. Nikola…

Sono Motors has moved one phase closer to production of its Sion Solar Electric Vehicle (SEV), as it has completed its prototype phases and has begun building series-validation vehicles for testing and certification. The startup plans to build 37 body in white validation SEVs. Sono Motors is a German startup founded in 2016 that specializes in SEVs that can garner additional clean energy from…

Tesla has started releasing a big new Full Self-Driving (FSD) Beta software update with a lot of improvements. The automaker might widen access to the beta if this update “performs well,” according to CEO Elon Musk. Tesla Full Self-Driving Beta Since October 2020, Tesla has been slowly rolling out what it is calling “Full Self-Driving Beta” (FSD Beta), which is an early version of its…

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