Cleantech & EV'sNews

Elon Musk says Tesla will have self-driving cars without need for human driver this time next year

Elon Musk told reporters in Brazil that Tesla will have self-driving cars without the need for human drivers behind the wheel for supervision or at all really around this time next year. It’s Musk’s latest timeline on Tesla’s full self-driving effort, but he has been wrong about those in the past. The Tesla CEO was in Brazil on Friday. The reason for the trip was a partnership with the local…
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Cleantech & EV'sNews

Lordstown Motors closes sale of plant to Foxconn for $230M in much needed cash

Back in an unassuming corner near the exit of the ACT Expo at the Long Beach convention center sits a black Lordstown Motors Endurance pickup. As at least two ACT attendees asked questions about the prototype, its manufacturers were publicly announcing the official sale of its assembly plant. Lordstown Motors has officially closed its deal with Foxconn, who will now build the former’s Endurance…
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Cleantech & EV'sNews

Rivian (RIVN) Q1 2022 results – $1.5b loss, 10k new orders, reaffirms 25k production guidance

Rivian has posted its Q1 2022 results and shareholder letter after market close today, showing $95 million in revenue and a loss of $1.593 billion for the quarter ($1.77 per share), up from a loss of $414 million from the same quarter last year. It ended the quarter with nearly $17 billion in cash, largely from its massive IPO late last year. Rivian also reaffirmed 2022 annual guidance, expecting…
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Cleantech & EV'sNews

Quick Charge Podcast: May 11, 2022

Listen to a recap of the top stories of the day from Electrek. Quick Charge is available now on Apple Podcasts, Spotify, TuneIn and our RSS feed for Overcast and other podcast players. New episodes of Quick Charge are recorded Monday through Thursday and again on…
Cleantech & EV'sNews

Arcimoto turns its 3-wheeled electric vehicle into Hollywood’s next backward-facing film crew car

Oregon-based Arcimoto has a whole new use for its three-wheeled electric vehicles in the form of the Cameo, a slightly different spin on its popular FUV electric three-wheeler. The Cameo may be the latest in a long line of creative takes on the FUV, but it is far from the first. The FUV has lent its frame and drivetrain to other interesting versions such as the cargo-carrying Deliverator and the…
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