Cleantech & EV’s

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Tesla (TSLA) is rising today on a new ~$1 trillion price target from a top analyst who sees the company developing an Apple-like ecosystem for energy. Canaccord Genuity analyst Jed Dorsheimer is out with a new note to clients today in which he drastically increased his price target on Tesla from $419 to $1,071, which would mean a valuation of around $1 trillion for the automaker. In the note…

REE Automotive has announced a “strategic collaboration” with Magna International, which will allow both companies to explore the possibilities of fully modular electric vehicles (MEVs) and bring them to market. According to a press release, these MEVs will be based around the REEcorner technology and will don a “Powered by REE” brand. REE Automotive is a startup EV technology company…

Despite electric motorcycles gaining an ever increasing share of the motorcycle market, Ducati is throwing cold water on the idea of a Ducati electric motorcycle. That stands in stark contrast to comments made by Ducati’s CEO Claudio Domenicali in 2019. Less than two years ago, Domenicali hinted that Ducati had already begun work on an electric motorcycle and that the world could expect to see…