Cleantech & EV'sNews

NIO beats Wall Street's expectations in Q2 earnings and reports record-high EV deliveries

NIO has shared its unaudited Q2 financial results for 2024, which detailed record-high EV deliveries that helped the automaker snag an even larger portion of the overall market in China. NIO also surpassed the expectations of financial gurus on Wall Street with its quarterly earnings. Time and again, NIO ($NIO) continues to demonstrate why it is one of the significant BEV players in China and the…
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Cleantech & EV'sNews

Rivian is rolling out a software update to R1 owners new and old, including a new 'Launch Mode'

Rivian has just started rolling out a robust software update that improves several features in both generations of its flagship R1S and R1T BEVs. Updates vary by model, but there are some pretty extensive improvements to the Rivian ownership experience, including the opportunity to show off that tri-motor acceleration with a new “Launch Mode” feature. It’s been a few years since relatively…
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Cleantech & EV'sNews

Hacker reveals Tesla is gathering extra data around its Robotaxi launch site

A hacker has revealed that Tesla has launched a new data gathering around the site where it plans to unveil its Robotaxi next month. It is raising questions about what the automaker is going to demonstrate at the event. While most other self-driving ride services, like Waymo and Cruise, focus on making their system work in geo-fenced city areas using mapping, Tesla has always claimed to…
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Cleantech & EV'sNews

Hyundai Motor Group hits double-digit EV market share in the US, and this is just the start

Hyundai Motor Group, including Kia and Genesis, is taking the US EV market by storm this year. After reaching double-digit market share, Hyundai continued closing the gap with Tesla as the second-largest EV brand in the US through July. Hyundai, Kia, and Genesis take second in US EV market Through the first seven months of 2024, Hyundai, Kia, and Genesis accounted for 10% of the US EV market.
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