We’re in an interesting spot in the EV revolution. On one hand, electric vehicles have gained enough momentum that it now seems more or less inevitable that they will grow to consume the entire passenger vehicle market in time. On the other hand, how and when that will happen remains a subject of fierce debate. […]
Hey, remember that large legacy automaker that made flashy promises about switching entirely to electric vehicles after they got caught cheating emissions tests and poisoning customers? I wonder how that transition is going? BERLIN (Reuters) – Volkswagen faces a fine of more than 100 million euros ($121 million) for missing EU targets on carbon dioxide […]
Ramping production of a new vehicle is absurdly expensive, and Rivian is learning that first hand as it pushes to bring it’s R1-T electric pick-up truck to market this year. The beloved electric vehicle startup has raised a fresh $2.65 billion in a new funding round that closed this week. Not only is Rivian working […]
It’s funny. For years, TSLA-Qanon has been assuring us that “the competition is coming”, and once it arrives legacy incumbents will wipe the floor with Tesla. Well, the competition is finally starting to arrive –– and it’s embarrassing. That’s right –– German luxury giant Mercedes-Benz has a new “urban entry model” EV, a compact SUV […]
Oh boy. With a headline like that, you know the story’s gotta be good: ZWICKAU, Germany—Five years and nearly $50 billion into the auto industry’s biggest bet on electric vehicles, Volkswagen VOW 2.05% CEO Herbert Diess and his guest, Chancellor Angela Merkel, stood in anticipation as the first ID.3, Germany’s long-awaited answer to Tesla, rolled off the assembly line. […]
Come work on cell / battery production at Giga Texas & Giga Berlin! https://t.co/PhsI5bb0uD pic.twitter.com/jEUatMLDmE — Tesla (@Tesla) January 17, 2021 These cells are going to change everything.
New data published Thursday shows that despite the higher sticker price, electric cars may actually save drivers money in the long-run. […] Take the Tesla Model 3, the most popular electric car in the United States. The M.I.T. team estimated the lifetime cost of the most basic model as comparable to a Nissan Altima that […]
This is quoted from The Atlantic.
Matthew Green and Simon Jessop have a great story at Reuters about the future of the global oil market: Oil companies may be facing uncertainty as the coronavirus pandemic triggers a collapse in demand for their products, but auto makers are betting the crisis will help accelerate an electric future. Reuters This is a little […]
After reporting that congress was likely to extend the tax credit for new electric vehicles, we’ve reviewed the text of one draft bill that may be in consideration. Now, it’s important to note a few things: We don’t know that this draft bill that was introduced in the house is what’s going to make it […]