Cleantech & EV'sNews

LG and Magna reportedly ‘very near’ to signing deal for Apple Car production

According to a report today from The Korea Times, Apple is apparently close to signing a deal with the joint automotive venture of LG and Magna, currently named “LG Magna e-Powertrain.” The contracts would supposedly see the LG and Magna International venture produce the initial rounds of Apple Car production. Apple is currently expected to introduce its own electric vehicle in 2025 at the…
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Cleantech & EV'sNews

Quick Charge Podcast: April 12, 2021

Listen to a recap of the top stories of the day from Electrek. Quick Charge is available now on Apple Podcasts, Spotify, TuneIn and our RSS feed for Overcast and other podcast players. New episodes of Quick Charge are recorded Monday through Thursday and again on Saturday. Subscribe to our podcast in Apple Podcast or your favorite podcast player to guarantee new episodes are delivered as…
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Cleantech & EV'sNews

Tesla (TSLA) gets a new ~$1 trillion price target over Apple-like all-in-one energy ecosystem

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…
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Cleantech & EV'sNews

REE Automotive announces collaboration with Magna

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…
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