Tag: electric
-
Nio shifts electric vehicle plans as losses pile up
Chinese automotive startup Nio is tweaking its strategies for electric vehicles, a move prompted by sales of its ES8 model. Nio, which reported in its unaudited financial results Tuesday that a reduction of $390.9 million in the first quarter, will be currently taking a variety of measures in reaction to a downturn in earnings. These…
-
10,000 Electric Hatchback Pre-Orders “Overload” Volkswagen’s IT Systems
The initial reaction to a an electric Volkswagen hatchback designed to help dethrone Tesla and bring EVs into the mass market was so overwhelming that it”overloaded” Volkswagen’s IT systems, according to Bloomberg. More than 10,000 people have plunked down about $1120 per year to get in line for the Volkswagen ID.3 electric hatchback, a number…
-
NIO has laid off 70 employees and closed an office in Silicon Valley
Chinese EV startup NIO has laid off 70 employees across two Silicon Valley offices, one of which is now closed, according to a filing with California’s Employment Development Department. The cuts started in early April, shortly after the startup announced it was putting off 3% of its workforce in China. Twenty employees were let go…
-
2020 Volvo POLESTAR 2 – Tesla Model 3 killer?
Polestar Launching the new Polestar Two in the US market, starting in California and Washington State. The already-announced $63,000 USD guide price (before $7,500 federal incentive) for the Polestar 2 launch edition. Polestar 2 is a premium five-door fastback with two electric motors and a 78 kWh battery capacity that will allow a targeted range…
-
Fact Checking President Trump’s Assessment of Wind Power and Electric Vehicles
U.S. President Donald Trump mocked renewable energy at 's campaign rally in Michigan. Implicating Hillary Clinton as part of Big Wind, Trump said, “If Hillary got in… you'd be doing wind. Windmills. Weeeee. And if it doesn't blow, you can forget about television for that night. 'Darling, I want to watch television. ' 'I'm sorry!…
-
A Tesla for Less Than $10,000?
Buying a Tesla new will set you back anywhere from $42,900 to $137,000, depending on which model you select.1 The Model S, Tesla’s midpriced sedan, starts at $85,000, but Rich Benoit, a 30-something father of three and IT worker, got one for $6,500. It’s the topic of his now notorious YouTube page, Rich Rebuilds, which…
-
Mercedes-Benz expects its Tesla rival to be sold out as soon as it becomes available
Mercedes-Benz Daimler CEO Dieter Zetsche anticipates the Mercedes-Benz EQC electric SUV to be sold out in 2019 and likely in 2020, Electrek reports, mentioning the German publication Welt. “We are sure that we will not be able to meet the demand in 2019 and probably not by 2020,” Daimler CEO Dieter Zetsche told Welt concerning…
-
A Q&A With Rivian, the Amazon-Backed Electric Truck Startup
Image Credit: Rivian Rivian Automotive made a great deal of buzz last week with the news that Amazon would lead a $700 million investment from the American truck startup. Even the investment signifies an important landmark for Rivian and the wider shift to sustainable mobility. While terms of the deal weren’t revealed, this signifies Amazon’s…
-
A Look at the Green New Deal’s Clean Transportation Goals and How to Achieve Them
Picture Credit: Shutterstock.com Though scant on details of what a transport overhaul might look like, the Green New Deal — actually a frame designed to create more specific policy suggestions — has caused a partisan stir about exactly what a remade and more precisely transit system might look like. The resolution released from Representative Alexandria…
-
Energy Jobs: Big Regulator Moves, Rive Brothers Join Zola Electric, EnSync in Restructuring
We start this installment of the Energy Jobs column in possibly the most active state for the energy industry. This season, the California Public Utilities Commission brought on a brand new commissioner, Genevieve Shiroma. She was on the Agricultural Labor Relations Board, and also worked to the state’s Air Resources Board and invested nearly a…