Shanghai Electric Wind Power Group has unveiled what it says is the world’s first floating wind turbine, solar farm, and fish farm combination.
The hybrid floating wind, solar, and fish farm – or aquaculture – project is in the National Marine Ranching Demonstration Zone near Nanri Island, a fishing island in Fujian Province, China.
It features a three-columned, semi-submersible floating…
Podcast: Tesla Cybertruck update, UAW strike ends, Chevy Equinox EV pricing, and more
November 3, 2023
On the Electrek Podcast, we discuss the most popular news in the world of sustainable transport and energy. In this week’s episode, we discuss an update on the Tesla Cybertruck, the UAW strike ending, Chevy Equinox EV pricing being released, and more.
The show is live…
Volvo reveals upgraded 2024 C40 and XC40 Recharge EV prices
November 3, 2023
Volvo announced prices for its entire 2024 lineup, including the upgraded C40 and XC40 Recharge EVs. For the first time in 25 years, Volvo will offer a rear-wheel drive variant in the US, among other improvements.
Volvo tackled the two biggest requests with the upgraded…
Get your creative juices flowing, EV fans: the Environmental Protection Agency (EPA) has launched a contest in which you can win a cash prize for making a short video about your EV.
The contest, which runs until January 23, 2024, is called “,” and the prizes are up to $3,000.
EPA launched this pro-EV video contest so that EV adopters can help spread the word about how great sustainable…
Ferrari says its first electric vehicle is ahead of schedule after a big step forward in Q3
November 3, 2023
As one of the most recognized supercar brands globally, many wonder when we will see a fully electric Ferrari hit the streets. According to CEO Benedetto Vigna, development on the first Ferrari EV is ahead of schedule.
The first Ferrari EV is coming… in 2025
The first…
Kia is asking its dealers to avoid markups on the new EV9 electric SUV. The automaker says its first three-row electric SUV is garnering “significant consumer interest” as it’s expected to hit dealerships by the end of the year.
After opening orders for the EV9 last…
The medium-duty trucking industry – the workhorses of the American economy – is relatively primed to go electric, with the potential to clean up billions of tons of CO2 emissions a year. Mack Trucks is now making that transition a bit simpler with a monthly subscription program for its new electric truck, the MD Electric.
In hopes of warding off fears of expensive upfront costs, Volvo-owned…
Chinese EV startup NIO revealed it will trim staff positions by 10% this month to improve profitability. NIO’s CEO, William Li, announced the news in an internal memo Friday, citing “fierce competition” in the EV market.
According to the memo, reviewed by Bloomberg…
Why the new Lotus electric bike costs almost $25,000
November 3, 2023
Lotus, an automotive company that hasn’t always been known as a leader in economical electric vehicles, is trying its hand at a new electric bicycle. But don’t think this is a sneaky way to get a cheap Lotus, as even the newly announced Lotus Type 136 e-bike costs a…
IDC study: Businesses report a massive 250% return on AI investments
November 3, 2023
A survey of 2,100 global business leaders and decision makers by research firm IDC suggests a new level of momentum around AI investments by businesses, driven by perceived value and excitement around generative AI.
The report, which was commissioned by Microsoft, but independently conducted by IDC, found that respondents report an average 3.5x return on their AI investments. In other words, they…