Cleantech & EV’s

Electric vehicle startup Lucid Motors announced a SPAC deal to go public with over $4 billion in cash injection to accelerate its plan. Over the last few months, Lucid had been rumored to be in discussions with Churchill Capital Corp IV, a special purpose company created to make a reserve merger SPAC deal. Today, they have confirmed the deal, which will be bringing $4.4 billion in cash to Lucid…

Someone managed to get a first look inside a new Tesla Model S refresh, showing the first unpolished look inside the new electric vehicle. Last month, Tesla officially unveiled the new Model S and Model X refresh.  The unveiling of the new vehicle was somewhat strangely on the sidelines of the release of its Q4 and full-year 2020 earnings. Tesla didn’t do an official release of the updated…

Washington state’s House Transportation Committee has voted 17-12 to advance a bill requiring all light-duty vehicles of model year 2030 and later registered in the state to be electric. The bill now moves on to the House Rules committee to be considered for a potential floor vote. Washington’s proposal – nicknamed “Clean Cars 2030” and labeled HB 1204 in the House and SB 5256 in the…

Tesla is preparing to expand its Solar Roof product to Canada and Europe, which could happen as soon as this year, according to CEO Elon Musk. The Solar Roof was off to a tough start early on in its rollout. The automaker had to test for longevity, tweak the design for faster installation, ramp up production, and lower cost. Last year, things started to turn around as Tesla changed the type of…