Rivian is laying off 10% of its salaried workforce, the EV startup announced on Wednesday as it reported fourth-quarter and full-year earnings. It’s the company’s second round of layoffs in the past year. The news comes amid a broader slowdown in the EV industry. Rivian has yet to turn a profit on its vehicles and is
Month: February 2024
By Joey Klender Posted on February 21, 2024 Oregon’s super popular EV rebate program that ran out of money due to so many people applying for it is making a comeback after being suspended. Last year, we reported on the program, which was favorable for a number of reasons, including the fact that it brought
Ford knocked thousands off the price of its Mach-E electric crossover. Genesis may be going hybrid—and against its own EV current. And will the Biden administration loosen its own pollution standards? This and more, here at Green Car Reports. Ford on Tuesday cut Mustang Mach-E EV prices by up to $8,100. The price adjustment brings
Lotus Technology, a division of Lotus responsible for development of electric vehicles, is about to go public via a SPAC deal. Also referred to as a reverse merger, a SPAC deal is where a private company goes public by being taken over by a company that’s already listed, typically one set up solely for this
German EV charging technology company EcoG has opened a US headquarters in Detroit, partly funded by a $1.5-million performance-based grant from the Michigan Business Development Program. The EV infrastructure company was founded in 2017 by Siemens alums Dr. Joerg Heuer, who is CEO, and Dr. Johannes Hund, who is CTO. It originated from the Techstars
Tesla’s decision to not sign a collective agreement with its service workers in Sweden may now affect Superchargers as another union joins the fight. For the past four months, Tesla service workers in Sweden have been on strike in order to get included in a collective agreement. The automaker has always had a hard stance
California-based solar power technology company Enteligent has partnered with German EV charging software developer PIONIX to use PIONIX’s commercial BaseCamp software as the operating system for Enteligent’s TLCEV, which is under development. BaseCamp is based on the open-source EVSE software EVerest, which was initiated by PIONIX and is now hosted within Linux Foundation Energy. It
Like it did with passenger EV rebates back in December, Germany has decided to pull the plug on subsidy programs for electric semi trucks and city buses. What happens to the nation’s commercial EV market now? If you’re a regular Electrek reader, you probably believe that Germany acted prematurely when it cut its EV subsidy
For years, range anxiety has been a major barrier to wider EV adoption in the U.S. It’s a common fear: imagine being in the middle of nowhere, with 5% juice remaining in your battery, and nowhere to charge. A nightmare nobody ever wants to experience, right? But a new study proves that in the real
By Zachary Visconti Posted on February 20, 2024 Tesla has officially been rolling out the highly anticipated Full Self-Driving (FSD) beta version 12 to select customers, with many now sharing their initial experiences with the neural net-based software. Right after Tesla employees started receiving FSD beta v12.2.1 over the weekend, the automaker officially started deploying
Ford cut Mustang Mach-E prices by up to $8,100 after sales of the electric SUV reportedly fell by more than 50% in January. The automaker has lowered prices on multiple 2023 Mustang Mach-E models, reducing the base price by $3,100 to $41,695 with the mandatory $1,800 destination charge. The biggest discount is offered on several
Hispano Suiza will launch the next evolution of its Carmen electric hypercar in June, the historic Spanish marque announced on Monday. The new version is called the Carmen Sagrera, and teaser footage revealing a large rear wing made from carbon fiber suggests the car has been honed for the racetrack. Hispano Suiza has also confirmed
Thailand sees EVs as a potential growth industry, and the country’s government is soliciting investment from global manufacturers. In December, the Thai government announced that Toyota, Honda and two other Japanese automakers will invest a total of $4.22 billion to establish local production of EVs. As usual, the Chinese beat them to it—in January, Great
After unveiling the highly-anticipated Macan EV last month, Porsche said a 630 hp Turbo version is also rolling out. The sporty new 2024 Porsche Macan Turbo EV was spotted testing in California, showcasing the electric SUV’s sleek curves. After years of waiting, Porsche finally unveiled the all-electric Macan last month. “We are taking the Macan
California-based Archer Aviation, a developer of electric vertical takeoff and landing (eVTOL) aircraft, has a Space Act Agreement with NASA for a joint project that will initially focus on studying high-performance battery cells and safety testing for applications in the fields of advanced air mobility (AAM) and space. NASA aims to test Archer’s battery cell
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Model Drive EPARange 0-60mph(sec) TopSpeed(mph) 2024 Lucid Air Sapphire 20-in (F) 21-in (R) AWD 427 mi 1.89* 205 2024 Tesla Model S Plaid 19-in AWD 359 mi* 1.99* 200 2024 Tesla Model X Plaid (6 seat) 20-in AWD 326 mi* 2.5* 149 2023 Porsche Taycan Turbo S 21-in AWD 222 mi 2.6 161 2024 Tesla
By Zachary Visconti Posted on February 19, 2024 Multiple reports say that U.S. President Joe Biden’s administration is set to propose lighter annual requirements on emissions and electric vehicle (EV) sales, expected to be made public next month. The Biden administration is expected to propose easing Environmental Protection Agency (EPA) requirements on emissions and EV
Porsche hasn’t forgotten about plug-in hybrids. Although the sports-car brand just earlier this month revealed a revamped 2025 Taycan EV that offers more range, better efficiency, and stronger acceleration, and it’s soon rolling out its fully electric Macan SUV, it has a whole suite of other plug-ins on the way. Porsche already revealed in November
On Monday, the 2025 Porsche Panamera 4 E-Hybrid and 4S E-Hybrid debuted, marking the return of two familiar, and more accessible, hybrid models to the Panamera lineup. In December, Porsche revealed the redesigned 2024 Panamera in base rear-wheel-drive form and with a starting price of $101,550 including a $1,650 destination charge. A flagship Turbo E-Hybrid
GROB is a pioneer of electromobility: The manufacturing technology and process expertise of the Bavarian family-owned company are used by more than two-thirds of all suppliers of EVs. GROB has earned this market leadership not only through courage and foresight, but also through high quality standards. With its comprehensive portfolio of quality solutions, ZEISS helps
With less than three weeks until the R2 is finally unveiled, Rivian (RIVN) confirmed it will bring the more affordable electric SUV to Europe. Rivian will launch the R2 electric SUV in Europe After opening the R2 website last week, Rivian gave us our first look at the new EV during a teaser video. The
Goodyear Tire & Rubber has unveiled the latest tire in its ElectricDrive family. The Goodyear ElectricDrive 2, an all-season EV tire, is designed to maximize EV performance–it features improved rolling resistance and long tread life, according to the company. It has an aerodynamic sidewall and a compound lower aerodynamic drag. The tire features SoundComfort technology,
Electric vehicles don’t work well in the cold? Nobody told Volvo CE – and they’re putting a fleet of battery electric equipment assents to work, collaborating with Sweden’s largest ski resorts to go fully fossil free. Volvo CE has been working on a pilot project with Swedish resort company SkiStar to develop a roadmap towards more
When a Tesla Model Y owner named Dylan reached out for help in a Facebook group that I moderate, I saw it as a great opportunity to open up a discussion on home charging equipment safety. I reached out to Dylan and asked him if he would allow me to make a video of me
By Zachary Visconti Posted on February 18, 2024 Elon Musk has touted real-world simulation and video generation at Tesla, following the release of OpenAI’s Sora generative video model. OpenAI announced the text-to-video generative model Sora on Thursday on its website, showing off a bunch of generative AI videos that the system had created. Following the
EV sales not only increased in 2023 overall, but they were higher than 2022 levels for every month of the year, according to the U.S. Department of Energy (DOE). Car sales are seasonal, and they always have been, so there’s no reason to expect that total vehicle sales or even EV sales broken out will
Aston Martin’s Vantage sports car has been thoroughly overhauled, gaining new styling, a much-improved interior, and plenty of extra horsepower in the process. The car is due at dealerships later this year, and should be joined by an open-top Vantage Roadster shortly. 2025 Audi S3 prototype Audi’s A3 range is about to be updated and
Global EV battery manufacturer SK On has signed a conditional offtake agreement with US graphite supplier Westwater Resources in a move to secure battery-grade natural graphite in North America. Under the terms of the agreement, SK On can source a total of 34,000 tons of natural graphite anode products processed at Westwater’s Kellyton Graphite Plant
China is returning to work following a break to celebrate the 2024 Lunar New Year, and XPeng Motors looks to hit the ground running with massive expansion plans. According to an internal letter, XPeng Chairman CEO He Xiaopeng detailed plans to deliver about 30 new and updated EV models over the next three years, bridging
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