After days of both sides rallying stockholders to exercise their vote, the SPAC merger between Lucid Motors and Churchill Capital Corp IV (CCIV) has been approved. The closing of this long-anticipated merger is expected to close later today, and Lucid Motors is expected to trade on Nasdaq next week under the ticker symbol “LCID.”
If you don’t know by now, Lucid Motors is a luxury EV…
Houston’s Metropolitan Transit Authority, which is heavily dependent on diesel vehicles, is going to purchase up to 20 electric buses that will run along two routes.
Houston’s electric bus purchase
Metro runs around 1,200 buses, so 20 electric buses will make up a tiny…
Zero-emission technology company REE Automotive has named Austin, Texas, the new home to its US headquarters. The Israel-based e-mobility company now looks to capitalize on a growing market in North America by opening an HQ in The Lone Star State, alongside an Integration…
I ride e-bikes a lot. Some days it’s a lightweight road e-bike. Other days it’s a longtail cargo e-bike. And some days it’s a ridiculously overpowered full-suspension fat tire e-bike. And as you may have guessed, I’ve been having a lot of days like those lately while reviewing the EUNORAU Defender S e-bike.
I’ve almost run out of descriptors here: “1,500W all-wheel-drive…
AC Cars, one of the oldest independent automakers out of the UK, is on the verge of delivering the first electric version of its classic Series 1 Cobra to customers. The AC Cobra was a legendary two-seater sports car in the 1960s that has found new life with an electric…
Podcast: Tesla FSD Subscription, opening Supercharger network, Tesla Virtual Power Plant, and more
July 24, 2021
This week on the Electrek Podcast, we discuss the most popular news in the world of sustainable transport and energy, including the launch of Tesla’s Full Self-Driving Subscription, opening the Supercharger network to other automakers, the launch of Tesla’s new virtual…
Rivian announced that it closed a $2.5 billion investment round with investments from Amazon, Ford, and others.
The automaker also confirmed that it’s looking for a location for a second electric vehicle factory in the US after the media reported on the project.
As we have often reported in the past, Rivian has been quite phenomenal at raising private capital.
While many EV startups are…
Tesla Model S buyers are complaining that they can’t take delivery of their new electric vehicles as they are told that deliveries are on hold.
At this point, it’s unclear why.
After months of delays, Tesla finally started delivering the new version of the Model S last…
EV startup Arrival has announced it has been chosen as a partner by the Anaheim Transportation Network (ATN) to replace Liquified Natural Gas (LNG) buses currently operating in Anaheim, California, with Arrival’s zero-emission battery-electric buses. The transition will be…
Tesla releases details of new virtual power plant, says it’s a public good without compensation
July 23, 2021
Tesla has released details of its new virtual power plant in California, and it confirmed that Tesla and Powerwall owners will not get compensation.
The company is presenting the project, at least at first, as a “public good.”
Last week, we reported on Tesla announcing its own virtual power plant with Powerwalls to help California’s electric grid.
California’s grid is expected to have an…
