US Department of Energy secretary Jennifer Granholm announced earlier this month that she will revive the agency’s Loan Programs Office (LPO), which funded Tesla. It has $43 billion in lending authority for large-scale energy infrastructure projects and advanced technology electric vehicle manufacturing.
US Energy Department loan plan
The US Department of Energy is planning to pump…
Elon Musk deletes tweet alluding to Tesla becoming world’s biggest company ‘in just a few months’
March 27, 2021
Elon Musk has deleted a tweet in which he alluded to Tesla potentially becoming the world’s biggest company “in just a few months.”
The SEC might be watching…
Musk’s use of Twitter has been the subject of scrutiny from financial authorities for a while now.
Most…
US says it will cut the cost of solar by 60% in a decade
March 27, 2021
The US Department of Energy (DOE) announced yesterday that it intends to “cut the cost of solar energy by 60% within the next 10 years, in addition to nearly $128 million in funding to lower costs, improve performance, and speed the deployment of solar energy…
Chinese EV manufacturer NIO announced it will halt production at its JAC-NIO facility for five working days. The facility in Hefei, the capital of the Anhui Province, will suspend vehicle production beginning Monday, March 29. NIO has now become the next victim of a continuing global semiconductor shortage.
Despite the global pandemic, ($NIO) was on a roll in 2020. Earlier this month, the…
The electric bicycle market in the US is being squeezed from multiple directions at once, forcing prices higher. That could threaten the increased rate of e-bike adoption at a time when e-bike sales have been soaring.
The latest major e-bike manufacturer to announce a…
This week on the Electrek Podcast, we discuss the most popular news in the world of sustainable transport and energy, including Tesla’s v11 software update, Tesla accepting Bitcoin, another Model 3 price increase, and more.
The show is back live every Friday at 4 p.m.
BRP commits to electrification of its entire line, including jet skis, go-karts, e-motorcycles, more
March 26, 2021
Bombardier Recreational Products (BRP), a major player in the powersports industry, has announced that it will unveil an electric version of each of its products by 2026.
The Quebec, Canada-based company plans to invest $300 million in its electrification efforts over the next five years to achieve this milestone.
But it won’t take the full five years to start seeing BRP’s electric models…
Tesla is found to have violated labor laws by firing union supporter and Elon Musk tweeting something
March 26, 2021
The National Labor Relations Board (NLRB) has ruled today that Tesla has violated labor laws by firing an employee over what they claim was union support and because of a questionable tweet that Elon Musk posted.
A few years ago, Tesla was embroiled in an effort by United…
Watch: First video shows off new electric Polaris RANGER UTV in action, bonus snow donuts
March 26, 2021
Polaris has an all-new 100% electric RANGER slated to enter the market later this year, and is now releasing the first-ever video showing it in action.
We’ve previously only seen a teaser image that didn’t reveal much about the vehicle itself.
But now we get a chance…
In today’s Electrek Green Energy Brief (EGEB):
A new feasibility study combines California’s water canals with solar power.
The Break Free From Plastic Pollution Act was introduced in Congress to address the plastic pollution crisis.
UnderstandSolar is a free service that links you to top-rated solar installers in your region for personalized solar estimates. Tesla now offers price matching…
