Cleantech & EV'sNews

New 30% tax credit for electric bicycles makes progress in US Senate

Remember that proposed 30% tax credit for electric bicycles in the US? It’s now one step closer to becoming law, thanks to recent progress in the US Senate. Late last week, a new bill was introduced to the Senate known as the Electric Bicycle Incentive Kickstart for the Environment (E-BIKE) Act. The bill, S.2420, is a companion bill to H.R.1019 that was introduced into the House of…
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Cleantech & EV'sNews

Tesla reveals Megapack prices: starts at $1 million

Tesla has revealed more detailed pricing for the Megapack, its commercial and utility-scale energy storage product. It starts at $1 million which may sound high, but it’s actually a good deal in the large-scale energy storage space. Almost exactly two years ago, Tesla…
Cleantech & EV'sNews

Revel’s fleet of 50 Tesla Model Y taxis in New York has finally been approved

Revel’s fleet of 50 Tesla Model Y taxis that was shut down by New York’s Taxi and Limousine Commission (TLC) last month has been approved. Revel, a mobility startup better known for its ride-sharing fleets of electric scooters, announced earlier this year that it is launching an effort to bring a fleet of Tesla Model Y taxis to New York. The effort was particularly intriguing to us because…
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Cleantech & EV'sNews

Polestar to double global market and retail presence by year’s end

Swedish EV automaker Polestar has shared big plans for expansion by promising to double its global presence from nine to 18 markets. Furthermore, Polestar has also shared plans to double its retail presence to 100 operational locations, all before the end of 2021. Launched in 2017, Polestar is a Swedish car brand that is focused on premium EVs. The automaker is the result of an “independent”…
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Cleantech & EV'sNews

Tesla (TSLA) Q2 2021 earnings preview: Here’s what experts are expecting

Tesla (TSLA) is set to announce its second-quarter 2021 financial results today, July 26, after the markets close. As usual, a conference call and Q&A with Tesla’s management is scheduled after the results. We’ll take a look below at what both the street and retail investors are expecting for the quarterly results. Tesla Q2 2021 deliveries As usual, Tesla’s vehicle deliveries drive…
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