Cleantech & EV’s

Waymo One is Alphabet’s Lyft/Uber competitor that’s live in Phoenix and currently undergoing testing in San Francisco. Waymo today announced a future EV for its US ride-hailing service that will be “rider-first” and have no steering wheel. Waymo today announced an OEM collaboration with Geely, a Chinese automotive company that has several subsidiary brands like Volvo, Lotus, and…

Hyundai announced that it is shutting down its internal combustion engine development team as the automaker focuses on electric cars. For 40 years the Korean automaker has been developing internal combustion engines to use in its vehicle lineup, but no more. The Korea Economic Daily reports that Hyundai’s new R&D chief Park Chung-kook confirmed in an email to employees that they are…

Earlier this month I had the opportunity to visit the sprawling new production facilities for California-based Electric Bike Company (that’s an advantage to being an early mover in any industry, you get to pick the good names). The company has been building electric cruiser bicycles in Newport Beach since the mid-2010s. And as founder Sean Lupton-Smith proudly explained to me as I toured the…

Tesla’s stock (TSLA) is up in premarket trading today on a new note from top Wall Street analyst Dan Ives who believes Tesla is going to double its production capacity in 2022. With delivery times of up to a year for some of its models, Tesla is currently sitting on what Ives called a “high-class problem of demand outstripping supply.” The question is how fast can the automaker ramp up…