On Wednesday, Volvo Cars revealed a new investment in bidirectional EV charging startup dcbel. The company’s “r16” Home Energy Station is a full-fledged renewable energy ecosystem featuring solar power, bidirectional charging capabilities for backup power, and a smart home energy management system. After being the first major premium car brand to commit to a full hybrid or EV lineup for all…

Elon Musk has shared a Tesla Cybertruck production estimate, and it is much lower than many anticipated. Despite the design of the electric pickup truck being polarizing, everything pointed to the Cybertruck having robust demand. A tally showed that the Cybertruck had received over 1.5 million reservations. To be fair, those reservations only required a $100 refundable deposit, so it is not the…

On Wednesday, Toyota, Suzuki, and Daihatsu Motor revealed a new jointly developed battery electric vehicle (BEV) system. The co-developed platform will power a new generation of mini-commercial electric vans. Although Toyota has been a clear laggard in the rapidly expanding electric vehicle market, the Japanese automaker has recently revealed a series of new EV investments and products. Behind…