Tue.Jun 25, 2024

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Volkswagen takes a $5B stake in Rivian

Green Car Reports

Volkswagen just bought a $5 billion stake in Rivian The cash infusion will help bring the smaller Rivian R2 to market The deal gives VW access to Rivian's software and zonal electronics platform The Volkswagen Group will invest up to $5 billion in Rivian, laying the groundwork for collaboration on future EVs, the two automakers announced Tuesday.

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VW will invest up to $5B into Rivian to form joint venture for next-gen EVs

Electrek

VW and Rivian have just announced that the two companies will form a joint venture, bringing Rivian’s software expertise to VW’s products and providing an initial $1 billion, and potentially up to an eventual $5 billion, in capital for Rivian to get through its push to deliver its upcoming R2 vehicle.

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Ferrari builds a new factory—just for electric cars

Green Car Reports

Ferrari is prepping its first EV The new electric car will be built at its own newly-built factory in Maranello Ferrari plans for most of the factory's power to come from sustainable sources Ferrari recently unveiled an expansion of its factory to accommodate production of the automaker's first EV. The reconfigured "e-building" factory will.

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CATL battery successfully powers electric plane with 1,800-mile civil aircraft expected

Electrek

The world’s largest EV battery maker is powering up something even bigger. CATL successfully tested a 4-ton electric plane powered by its ultra-high energy density battery. By 2028, CATL expects to reveal an 8-ton civil electric aircraft with around 1,200 to 1,800 miles (2,000 to 3,000 km) range.

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How serious is Norway about climate change? So much that its streetlights self-dim

emissions global warming Norway climate change carbon dioxide youtube lighting

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Tesla recalls Cybertruck for busted wiper motor, loose trim

Green Car Reports

Tesla recalls 11,688 Cybertrucks for a faulty windshield wiper motor Tesla recalls 11,383 Cybertrucks for a loose trim piece in the bed The recalls affect nearly every Cybertruck manufactured through June 6 Tesla issued two separate recalls covering nearly unit of the 2024 Cybertruck, the NHTSA disclosed Tuesday. A piece of trim on the trunk bed.

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California Could Provide Up To $14,000 In Incentives For Low-Income EV Buyers

CleanTechnica EVs

The California Air Resources Board has a new program for low income buyers that can provide up to $14,000 in incentives for cleaner cars. The post California Could Provide Up To $14,000 In Incentives For Low-Income EV Buyers appeared first on CleanTechnica.

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Volkswagen to invest up to $5 billion in Rivian

Teslarati

Rivian and Volkswagen announced today the German automaker will take up to a $5 billion stake in the EV maker, helping to alleviate cash concerns and potentially cut costs as it scales its electric automotive business amidst two new models coming. Rivian and Volkswagen announced the deal on Tuesday just after markets closed. Rivian will hold its Shareholder Day on Thursday.

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Rivian (RIVN) stock pops after new analyst sees ‘credible path’ for the EV maker to breakeven

Electrek

After Rivian (RIVN) stock earned a big buy rating on Tuesday, shares traded up nearly 9% as investors look for the EV maker to break even. A new analyst sees at least 50% upside for Rivian’s stock price with a “credible path” to breakeven gross margins.

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Electric Vehicle Popularity Is Hidden Amidst Controversies

CleanTechnica EVs

Electric vehicle popularity is at an all-time high, but you’d never know it from reading the headlines. Vehicle electrification is expected to improve affordability for households as technology costs continue to decline, more models become available, and the used market continues to grow. Atlas Public Policy published an analysis in. [continued] The post Electric Vehicle Popularity Is Hidden Amidst Controversies appeared first on CleanTechnica.

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CA wants EVs to be more affordable

Green Car Reports

California residents can qualify for an incentive of up to $14,000 for EVs and charging hardware Some incentives depend on scrapping an older vehicle The state wants all new vehicles sold there to have charge ports by 2035 California is introducing a new EV incentive program to give up to $14,000 to low-income shoppers. First spotted by.

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Faurecia and Accenture partner on products and services for connected and autonomous vehicles

Brief

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Overpriced DC Fast Charging Hurts EV Adoption, Favors PHEVs

CleanTechnica EVs

I recently came across a very interesting post on X, or Twitter, or whatever Elon identifies it as these days. An EV owner had a free charging plan for his Hyundai Ioniq 5, included at the time of sale. This, of course, made road trips easy and fun, as there. [continued] The post Overpriced DC Fast Charging Hurts EV Adoption, Favors PHEVs appeared first on CleanTechnica.

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Tesla recalls over 11,000 Cybertrucks for two separate issues

Teslarati

Tesla has two active recalls for the Cybertruck out this morning. Both issues impact over 11,000 units and involve either a windshield wiper issue or improperly adhered trunk bed trim. We’ll break the recalls down individually so they are not confused with one another: Improperly Adhered Trunk Bed Trim Affecting 11,383 Tesla Cybertruck units, the first recall deals with an improperly adhered trunk bed trim, which could be loose and detach from the vehicle, creating a road hazard. “Th

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BYD launches $33K Seal EV to challenge Toyota in its own backyard

Electrek

China’s leading automaker, BYD , is taking on Toyota in its home market. As it expands into Toyota’s territory, BYD launched the Seal EV in Japan on Tuesday, its third electric car in the country.

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Volkswagen makes big play in electric cars in $A7.5 billion deal with Rivian

The Driven EV News

Volkswagen will invest up to $US5 billion ($A7.5 billion) in struggling US electric vehicle startup Rivian in one of its most significant moves in the switch to EVs. The post Volkswagen makes big play in electric cars in $A7.5 billion deal with Rivian appeared first on The Driven.

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ExxonMobil announces 6th oil discovery offshore Guyana with Ranger-1; Guyana may move from non-producer to regional powerhouse

Oil

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What are these hidden vehicles in Rivian’s shareholder letter?

Electrek

On top of Rivian’s big VW partnership news today , we also got a look at what some of Rivian’s future plans might include – including some vehicles that we haven’t heard anything about before.

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National Blueprint For Electric Transportation Investments

CleanTechnica EVs

A new national blueprint details how the climate, public health, and economic benefits of clean transportation investments can best reach and serve frontline communities. The recommendations can help ensure state agencies, advocates, and community members work together to access and equitably implement the $100 billion available to increase charging infrastructure.

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Vineyard Wind 1 just became the US’s largest operating offshore wind farm

Electrek

Five more wind turbines just came online at Vineyard Wind 1, making it the largest operating offshore wind farm in the US.

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SpaceX Starlink lands major partnership with Comcast Business

Teslarati

SpaceX Starlink, the satellite internet service, has landed a major partnership with Comcast Business, a leg of the communications company, to provide connectivity solutions to customers. Comcast Business will utilize Starlink’s low Earth orbit satellite technology to provide Comcast Business customers with fast and reliable internet connectivity that will ensure consistent service in even rural regions.

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BP’s Castrol invests $50M in Gogoro, leading EV battery-swapping provider

Electrek

According to a joint announcement, Castrol, a global leader in lubricants and part of the oil giant BP, today announced an investment of up to US$50 million in Gogoro, a global technology leader in battery-swapping ecosystems.

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Aqua SuperPower & BlueGrid Drive 1st Transatlantic Vessel-to-Grid Project for Marine Electrification

CleanTechnica EVs

The £1.8m CanUK vessel-to-grid (V2G) project is making waves by uniting UK and Canadian experts to create the first transatlantic V2G project for electric vessels. V2G’s bi-directional charging technology lets electric vessel batteries both receive and supply energy, cutting carbon emissions, slashing e-vessel costs, boosting grid flexibility, and speeding up.

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Tesla is reportedly in talks to use Michelin’s airless tires

Electrek

Tesla is reportedly in talks with tire giant Michelin to use their latest airless tire technology in the former’s electric vehicle lineup.

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Survey: Most People Are Uncomfortable With Sharing Their Driving Data

The Truth About Cars

At this point, it’s no secret that connected cars collect an alarming amount of data on the people who own and drive them, but a recent survey found that almost nobody is happy about it. Insurance app company Jerry surveyed 1,300 drivers and found that 78 percent are either uncomfortable or extremely uncomfortable with their car’s maker collecting their data.

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The Tesla Model 3 is now cheaper to lease than a Toyota Camry

Electrek

The 2024 Tesla Model 3 RWD is now cheaper to lease than the 2025 hybrid Toyota Camry – here’s how it breaks down.

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Used Car of the Day: 1986 Isuzu Trooper

The Truth About Cars

Today's UCOTD is a 1986 Isuzu Trooper that's in the midst of a build. Right now it's a rolling chassis that needs to have the engine and transmission put back in. There are about 145K miles on the engine, and the body does have a minimal amount of rust. The interior is apparently in pretty good shape, with a radio that can accept Bluetooth, newer seats, a Ford Explorer center console, and a functioning clock.

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Polestar launches new 2025 Polestar 2 with more range and a sleek style update

Electrek

The all-electric fastback that started it all is getting a fresh update. Polestar launched the new 2025 Polestar 2 on Monday with more range and style than ever. Check out the first look below.

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Volkswagen And Rivian Are Teaming Up On Software In $5 Billion Deal

InsideEVs

The California startup gets a big cash pile, and Volkswagen gets the expertise it needs to solve some long-running tech problems.

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Three potentially habitable super-Earths found by astronomers

Innovation News Network

An international team of researchers have discovered three potentially habitable super-Earth exoplanets orbiting a relatively nearby orange dwarf star. The post Three potentially habitable super-Earths found by astronomers appeared first on Innovation News Network.

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Warren Buffett’s Berkshire slashes BYD stake to 5.99%

Teslarati

A Hong Kong Stock Exchange filing has revealed that legendary investor Warren Buffet’s Berkshire Hathaway has trimmed its stake in Chinese New Energy Vehicle (NEV) company BYD even further. With the latest reduction, Berkshire Hathaway now holds less than a 6% stake in BYD. As per a report from CNEV Post , Berkshire Hathaway reduced its BYD stake by 2,017,500 shares on June 19, 2024, at an average price of HKD 234.57 ($30) per share, for a total cash out of about HKD 470 million ($60.1 million).

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How To Ease Driver Resistance for a Successful Take-Home EV Program

Green Fleet Magazine

Struggling with integrating EVs into your fleet? Drivers may have preconceived notions about EVs that can make them naturally disinclined to make the switch.

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Waymo One is now open to the public in San Francisco

Teslarati

Waymo, the driverless ride-hailing company owned by Google parent company Alphabet, has opened its Waymo One services to the public in San Francisco. Waymo announced that Waymo One is now available to anyone in San Francisco, California, as shared in a press release on Tuesday. The news means that users will no longer have to sign up to join a wait list for the service, and anyone can now download the app and hail one of the company’s Jaguar I-Pace self-driving vehicles. “I enjoy rid

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2025 Volkswagen Jetta/Jetta GLI Get Minor Tweaks, Save the Manual (Sort of)

The Truth About Cars

The 2025 Volkswagen Jetta and Jetta GLI are refreshed, getting slightly updated styling, new available colors, and a lower pre-fees MSRP. As far as saving the manuals goes, VW is taking one stick-shift away and leaving one available. Losing the stick in the base S trim won't make us weep, we suspect no one was buying it, anyway. We're just glad the GLI gets to keep it.

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Blue Origin files public comment asking FAA to cap SpaceX launches

Teslarati

The Jeff Bezos-owned space exploration company Blue Origin has filed its latest legal action against Elon Musk’s SpaceX, this time requesting that an airspace regulator limit the number of launches the Musk-led company can perform in Florida. Blue Origin filed a public comment last week recommending that the Federal Aviation Administration (FAA) put a limit on how many launches SpaceX can perform with its Starship Super Heavy (Ss-SH) booster and rockets at Launch Complex 39A at the Kennedy

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Are These Rivian's New Vehicles Beyond The R2, R3 And R3X?

InsideEVs

Rivian's latest announcement with Volkswagen, released ahead of today's investor call, has some clues as to what's next.

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Rivian now offers leasing in 33 U.S. states, and counting

Teslarati

Rivian has launched the ability to lease electric vehicles (EVs) in three new states, as part of the company’s plans to expand the option to new markets over time. In a post on X on Tuesday, Rivian announced that it launched leasing in Connecticut, Hawaii, and Rhode Island for the first time. The new additions to the list of areas where you can lease Rivian’s vehicles brings the total number of U.S. states where the option is available up to 33 states total.