The oil and gas industry is banking on carbon capture as its “fix” for climate change. The IEA’s new report dispels that idea and offers real solutions. The oil and gas sector currently accounts for just 1% of clean energy investment globally. A special report from the International Energy Agency (IEA) released ahead of the
Month: November 2023
Getting to drive Audi’s quickest electric SUV—the all-wheel-drive, tri-motor 2024 SQ8 E-Tron—on sunny, Southern California highways for a few hours this past week was shaping up to be a formality. But then dark clouds moved in and the skies opened up, just as I was given a demanding canyon-road drive route and passed a keyfob
New research from global technology intelligence firm ABI Research finds that global EV battery output production could increase by nearly six times to 2,585 GWh by 2030. This EV battery surge will strain raw material supply. ABI predicts that lithium and cobalt consumption for EV batteries will grow by 5.3 times and 3.2 times, respectively,
Nissan plans to build electric versions for two of its best-selling crossovers in the UK. According to a new report, Nissan will build an electric Juke and Qashqai at its Sunderland factory. The report from Sky News Wednesday claims Nissan will announce the new electric crossovers on Friday. Citing industry sources, the report says Nissan
In Europe and Asia, lots of people are realizing the benefits of electric bicycles when it comes to shuttling around the metropolis. While cargo bikes are cool, practical, and capable, not everyone needs the luggage space they offer. As such, lightweight fitness e-bikes are also very popular thanks to their style, simplicity, and practicality. Take,
By Zachary Visconti Posted on November 21, 2023 Ford is cutting back on its plans for a new electric vehicle (EV) battery plant in Michigan, significantly reducing the number of jobs it plans to offer as well as the site’s overall production capacity. Although Ford has resumed work on building the site after halting construction
The U.S. EV market grew significantly in the first half of 2023, but the average EV buyer still has very strong credit, a new study found. The study, conducted by credit giant TransUnion with S&P Global Mobility, found that high average credit scores for EV buyers remained the norm between the second quarter of 2022
New York-headquartered vehicle financing company Tenet Energy has closed a funding round of more than $30 million. The financing includes more than $10 million in Series A investment, led by venture capital firm Nyca Partners, as well as a $20-million warehouse debt facility provided by Silicon Valley Bank. Other investors participating in the round include
MEPs of the European Union voted to adopt strict new rules regarding emissions from trucking and busses today, seeking a 90% reduction in total fleet CO2 emissions by 2040 — but there’s a big loophole involved. While initial planning from the EU Commission sought to categorize effectively all ICE trucks and busses as CO2-emitting, the
Hyundai’s N division is only a few years old, barely out of diapers compared to venerable, in-house performance sub-brands such as Mercedes-Benz’s AMG or BMW’s M. But already in that time, it’s defined itself as the creator of some properly rowdy, enjoyable machines. Indeed, when you’re handed the keys to a little Hyundai dipped in
LeeBoy, a manufacturer of commercial asphalt paving equipment, and Portable Electric (PE), a manufacturer of portable and mobile e-Chargers and e-Generators, are working together to advance the electrification of the paving industry. LeeBoy’s 8520C E-Paver, which was introduced at the recent ConExpo trade show, is a commercial-class electric asphalt paver. The prototype incorporates various EV
An electric truck powering an e-scooter fleet? Ford’s F-150 Lightning electric pickup helped Max Rastelli double his e-scooter fleet using its powerful mobile battery features. Rastelli started HFX e-Scooters in Halifax, Nova Scotia, in 2019 to provide sustainable mobility across the city. Although he was always interested in owning an electric vehicle, Rastelli needed a
When you order a pizza, chances are you want it fresh and hot. I mean, what’s worse than a rock-hard pizza that’s gone cold after sitting for hours in traffic while waiting to be delivered? Interestingly, Domino’s Pizza has come up with a way to beat the traffic and keep pizzas warm and fresh on
By Zachary Visconti Posted on November 20, 2023 In an ongoing story that began with a Cruise robotaxi hitting a pedestrian last month, the General Motors (GM) self-driving unit will now see its second founding executive depart from the company. After Cruise CEO Kyle Vogt apologized and announced his resignation, fellow co-founder and chief product
Ferrari is working on its own in-wheel motor design for EVs. How will that old Leaf or Prius pack go toward a new American-made EV? And what are Honda’s hydrogen plans other than a CR-V Fuel Cell? This and more, here at Green Car Reports. Honda has provided a few more details regarding its next-generation
The question around fleet electrification is no longer “Why?” but rather “When?” and “How?” The process of transitioning to operating an electric fleet can be lengthy and the upfront costs can feel daunting, so how can fleets join the electrification revolution without breaking the bank? Fleets can take advantage of financing available from sources such
All-new Citroen electric e-C3 (Source: Stellantis) In the race to build small, more affordable electric vehicles to stave off fierce Chinese competition, Stellantis announced this morning that it has signed a broad preliminary joint venture with Chinese EV battery giant CATL. The plan involves buying and developing LFP batteries for the company’s small and mid-sized
Lexus is working on multiple electric vehicles to join its current RZ crossover, and new trademark filings point to at least one of them possibly being called the HZ. The automaker filed for trademark protection for the “HZ 450e” and “HZ 550e” names with the United States Patent and Trademark Office on Nov. 15. They
Tesla’s gigacasting process, which uses giant casting machines to make car bodies with just a few massive cast parts, allows the company to greatly simplify chassis assemblies, saving loads of time, money and factory space. Other automakers, including Ford, Hyundai and several Chinese brands, have taken a keen interest in the technology. Tesla’s process relies
Following a loss in Illinois, Ford is easing some aspects of its EV dealer program. The changes involve reducing the number of required chargers and cutting training costs. Ford alters EV dealer program following IL loss Illinois’ state motor vehicle board handed Ford dealers in the state a victory after claiming Ford broke the law
Honda surprised everyone at this LA Auto Show by showing up with the thinly veiled Prelude hybrid concept for the first time in the United States. And although nothing about the car’s changed since it showed up at the Japan Mobility Show, a chat with a PR representative— coupled with social media reactions to posts
By Zachary Visconti Posted on November 19, 2023 Vietnamese electric vehicle (EV) manufacturer VinFast is offering customers massive payouts for extended delays to service on their vehicles, in one of the more unique approaches to post-sales service. VinFast is paying owners when their vehicles are in the shop, with the automaker offering $100 on minor
Ford cuts some hybrids and plug-in hybrids from the lineup. Cadillac previews its lowest-priced EV. And we see how the aero obsession has returned, nearly a century later, in EVs. This and more, here at Green Car Reports. There won’t be a 2024 Ford Explorer Hybrid, the automaker confirmed last week, and the Lincoln Aviator
UK EV charging network InstaVolt is collaborating with UK corporate fleet EV charging network Paua to provide Paua’s fleets and drivers with seamless charging when using InstaVolt’s network. InstaVolt reports that it has expanded its network by 45% over the last year. It activated more than 150 chargers during the summer, and recently announced plans
The light electric motorcycle market has expanded far beyond that of the larger and flashier flagship electric sportbikes. While companies like Harley-Davidson, Zero, and Energica battle for market share of the electric equivalent of liter bikes, a dizzying array of companies have rolled out wave after wave of new, lighter electric motorcycles. One of the
The Koenigsegg Jesko hypercar is full of ingenuity, including a high-revving twin-turbocharged 5.0-liter and ultra-fast Light Speed Transmission. In a recently released video, company founder Christian von Koenigsegg walks us through the assembly of these components. Both the engine and 9-speed transmission are assembled in a clean room at the company’s headquarters in Ängelholm, Sweden.
Electrical equipment manufacturer Leviton may be best known for its lighting control devices, but the company has been making EV charging hardware for a decade. Leviton has now announced a partnership with charging management company AmpUp. Leviton’s new EV Series Pro charging stations include 48- and 80-amp level 2 stations, available with or without LCD
Black Friday is now here at Electrek, and our team over at 9to5Toys has been working around the clock to bring you all of the best deals. Through Thanksgiving week, we’ll be delivering all of the most notable markdowns on environmentally-friendly gear, electric vehicles, home goods, fashion, and much more. Down below, you’ll find only the best of the best as
The Inflation Reduction Act and the Bipartisan Infrastructure Law have collectively infused billions of dollars into the electric vehicle industry in the United States. The IRA has enabled consumer incentives such as the $7,500 tax credit, while provisions in both policies have incentives for local battery production, and charging infrastructure expansion. Policymakers in Washington have
By Zachary Visconti Posted on November 18, 2023 Zero-emission semi-truck manufacturer Nikola said this week that its CFO has resigned after succeeding the role’s former executive earlier this year. On Friday, Nikola announced that CFO Anastasiya Pasterick is resigning to “pursue other opportunities,” following her succession of Kim Brady in March (via Reuters). Pasterick is
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