Cleantech & EV’s

Ford and Rivian had been planning to develop an electric vehicle together, but those plans have been canceled, Ford CEO Jim Farley told Automotive News. Previously, the two companies had been planning to develop an electric Lincoln SUV, but those plans were canceled last year. The companies still planned to collaborate on some kind of electric vehicle together. Now, they have officially…

Porsche is diving even deeper into the electric bicycle market with its announcement today that the company acquired a majority stake in Greyp Bikes. Porsche has already been a minority stakeholder in Greyp, a Croatian electric bike company spun off by electric supercar manufacturer Rimac. Porsche acquired 10% of Greyp back in 2018 at the same time that it invested in Rimac. Earlier this year…

Tesla has deployed a new Supercharger station in Alaska. It’s the first in the state and now means there is a Supercharger station in every state. Just a few years ago, people were still talking about EV adoption and charging infrastructure as a chicken or egg problem. But as with most new technology in need of infrastructure, they both have been growing simultaneously. Tesla has been a good…

Dan Ives from Wedbush, one of the top 10 ranked stock analysts in the world, has increased his price target on Tesla’s stock (TSLA) as he believes the automaker will take a significant part of the growing EV market. In a new note to clients today, Wedbush announced that it is increasing its price target on Tesla from $1,100 per share to $1,400. It’s a new market high price target on Wall…