News

Electric cargo bikes, which are essentially normal electric bicycles with stretched frames for carrying more gear or passengers, are becoming increasingly popular as car alternatives in the US. The move follows a common trend in the electric bike industry that sees Americans tracking several years behind European e-bike industry currents. The last time much of the Electrek team was in Germany…

Elon Musk confirmed through a new SEC filing that he secured $46 billion in financing to make a tender offer to Twitter, but he will likely need to negotiate with the social media’s board after they adopted a poison pill defense. This time, it is truly “funding secured.” When trying to take Tesla private back in 2018, Musk got into trouble with the SEC for tweeting “funding secured,”…

British automaker Bentley has shared new data outlining its progress toward becoming carbon neutral throughout its entire global supply chain. The automaker’s “Dream Factory” headquarters in Crewe, England is already carbon neutral, but Bentley’s latest numbers show how much of a decrease it has made in its overall environmental impact the past year alone. Bentley Motors Ltd. is a…