Cleantech & EV'sNews

Volkswagen wants to launch an EV under $35K in the US, says it's not scaling back

A Volkswagen electric vehicle under $35,000 in the US? That could be the case soon. Head of strategy at VW Group America, Reinhard Fischer, said the automaker aims to build an EV under $35,000 in the US or Mexico. Volkswagen aims to deliver an EV under $35,000 Volkswagen wants to compete with the best (meaning Tesla). To do so, it needs to offer competitively priced EVs. At the Reuters Events…
Read more
Cleantech & EV'sNews

Lucid Motors (LCID) introduces RangeXchange, offering vehicle-to-vehicle charging capabilities

Lucid Motors has introduced a new feature it calls “RangeXchange” which enables vehicle-to-vehicle (V2V) charging, meaning current and future Lucid owners can recharge other EVs using their battery’s stored energy… as long as you buy the adapter cable. It’s been a busy few months for Lucid Motors ($LCID) – a company looking to garner more customers after operating losses continued to…
Read more
Cleantech & EV'sNews

Which is it, already – is US EV demand slowing or growing?

Some media say EV demand is slowing, and other media claim there’s record demand. So what’s going on? ZETA’s Albert Gore and I chatted about it. Let’s look at the latest US EV sales stats first. Cox Automotive reported on October 12 that EV sales volumes set another record in Q3, as total sales of BEVs passed 300,000 for the first time in the US market. That’s a 49.8% increase…
Read more
Cleantech & EV'sNews

Volvo inks deal for enormous, Tesla-style giga press

Following in Telsa’s footsteps, Volvo has just signed a contract with Italian giga press maker IDRA to install two of its largest presses at a new site in Slovakia. The giga presses – what will likely be a reconfigured version of the same Giga Press 9000 that is making Telsa’s Cybertruck – are the world’s largest, the size of a small house and producing a clamping force of more than…
Read more