Cleantech & EV'sNews

Disapproval of Elon Musk is top reason Tesla owners are selling, survey says

The disapproval of Elon Musk is the top reason Tesla Model 3 owners are selling their electric vehicles and going for another brand, according to a new survey of 5,000 Model 3 owners. Since Musk acquired Twitter, the Tesla CEO has started to voice his political and social views more frequently, as well as share controversial conspiracy theories. This has resulted in a wave of people changing…
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DefenseNews

Senate to extend Buy American laws for Navy ships

WASHINGTON ― Senators unanimously agreed to legislation mandating that 100% of components for all Navy ships be manufactured in the U.S. by 2033. The Senate passed the amendment from Sen. Tammy Baldwin, D-Wisc., by unanimous consent with little fanfare last week, tacking it onto the fiscal 2024 National Defense Authorization Act. Senators are still considering additional amendments to the NDAA…
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DefenseNews

Northrop Grumman won’t bid on Air Force’s NGAD fighter

WASHINGTON — Northrop Grumman does not plan to bid on the Air Force’s sixth-generation Next Generation Air Dominance fighter program as a prime contractor, chief executive Kathy Warden said Thursday. But Northrop Grumman is interested in serving as a supplier to other…
Cleantech & EV'sNews

Ford Q2 earnings: EV adoption will be 'slower than expected,' pushes back 600K run rate goal

Ford Motor released Q2 earnings after market close on Thursday, saying, “EV adoption will be a little slower than expected.” The automaker is pushing back its 600,000 EV run rate goal until next year. Ford’s second-quarter earnings preview After losing $2.1 billion last year, operating losses grew to $722 million (more than doubling YOY) at Ford’s Model e EV business in the first three…
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Cleantech & EV'sNews

Rivian CEO says buying an ICE vehicle is like ‘building a horse barn,’ R2 will help pull buyers

EV maker Rivian is having a big year as production and deliveries gain momentum. However, the company is looking toward the future with its next generation of products. In a recent interview, CEO RJ Scaringe compared buying an ICE vehicle in this day’s age to “building a horse barn in 1910.” He said Rivian’s R2 products would help pull indecisive buyers. Rivian is on a hot streak lately…
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