Japan is quickly becoming a hub for eVTOL and air taxi technology. This morning, Archer Aviation announced it is the latest sustainable aviation developer to sign a deal in the region and implement aerial taxi transportation, beginning with Soracle Corporation’s purchase of up to 100 Midnight eVTOL aircraft.
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What’s the Trump effect on the EV market? Depends: Smaller players like Rivian and Lucid are potentially at risk, while Tesla has the scale, profitability, and Trump connection to make it work, despite major shifts that are sure to come. Here’s the scoop on how a second Trump term may play out among automakers:
Expand Expanding CloseOn today’s episode of Quick Charge, I, for one, welcome our new insect overlords. I’d like to remind them that, as a trusted media personality, I can be helpful in rounding up others to toil in their underground sugar caves cobalt mines.
Support for Biden’s federal clean energy incentives cuts across party lines – 78% of 2020 Trump voters support them.
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Amnesty International recognized Tesla and Mercedes-Benz for their “human rights diligence” in manufacturing their electric vehicles.
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Rivian (RIVN) will report its third-quarter earnings on Thursday after market close. After a supply shortage hampered production, investors are wondering if the EV maker will see its first revenue drop since becoming a public company. Here’s what to watch for in Rivian’s Q3 2024 earnings report.
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Donald Trump will push fossil fuels and undo renewable energy policies, but it ultimately won’t stop clean energy’s momentum.
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The world’s largest EV battery maker is advancing a new type of battery, promising higher energy density. According to a new local report, CATL is investing heavily while ramping up its workforce to bring all-solid-state EV batteries to market.
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It’s another day of amazing seasonal savings in our Green Deals today, with Bluetti’s early access Black Friday sale taking up 50% off its backup power units – including new releases – with tons of bonus savings like member pricing, an additional sitewide 5% off promo code, and more. Next we have an early bird Black Friday special from Electric Bike Company that can score you up to $897 in savings across its e-bike lineup, as well as NIU’s pre-Black Friday sale that is taking up to 64% off the brand’s KQi series of e-scooters. Lastly, we’re getting the first of EcoFlow’s Black Friday flash sales that is offering up to $1,347 off DELTA Pro and DELTA 2 Max bundles starting from $1,139. Plus, all the other hangover Green Deals are in the links at the bottom of the page, like yesterday’s Black Friday savings from EcoFlow, ENGWE, and more.
Head below for other New Green Deals we’ve found today and, of course, Electrek’s best EV buying and leasing deals. Also, check out the new Electrek Tesla Shop for the best deals on Tesla accessories.
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Rideshare network Lyft has enlisted the help of self-driving and ADAS technology provider Mobileye to establish the widespread commercialization of autonomous vehicles to large fleet operators.
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Mercedes-Benz says its upcoming entry-level CLA will set the bar for EV range, charging speed, and efficiency with advanced new tech. Ahead of its arrival, Mercedes is giving us a closer look at the sporty electric car.
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Unplugged Performance has unveiled its UP.FIT Tesla Model S Plaid police patrol car at Sema – becoming the world’s quickest police patrol car.
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XPeng Motors celebrated its annual Tech Day event in China earlier today, which was renamed “AI Day” for good reason. The topic of artificial intelligence dominated the Chinese mobility company’s incoming technologies, which were abundant. We got updates on a new in-house AI computing chip, a new Xpeng platform to support Level 4 autonomous robotaxis, flying cars, and eVTOLs, a new humanoid robot called “Iron,” complete with an existential launch video, and a surprising adoption of combustion-powered extenders that deliver up to 970 miles of additional range.
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A few years back, General Motors had to recall 142,000 Bolts in a major fiasco due to fire risk. This time around, however, just a small number of Bolts are being recalled, only 107. But the risk of fire is deemed high – according to the NHTSA – if these vehicles are charged to full or nearly full capacity.
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Volvo’s “game-changing” electric SUV will now reach US buyers by the end of 2024. With strong demand, Volvo is fast-tracking EX30 deliveries. Pre-order customers will now get their new EVs ahead of schedule.
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Tesla’s stock (TSLA) soared by as much as 15%, but it settled down by about 11% at the time of writing on the Trump victory as Tesla shareholders believe CEO Elon Musk would get things out of backing the President.
But what?
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Toyota is tightening the reins after seeing its first quarterly profit drop in two years. To maintain profits, Toyota plans to “hold off on investment decisions until the very last moment,” including EV and hybrid investments.
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Donald Trump wins a second presidential term, and BMW’s CEO Oliver Zipse came out with some quick remarks – amid what is likely panic among European automakers – that BMW will be fine because of its “very, very large footprint in the US.” Meanwhile, BMW’s profit margins hit a four-year low.
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KYMCO, a leading Taiwanese scooter maker, has just announced the next step in its growing partnership with US-based electric motorcycle company LiveWire. The long-awaited KYMCO RevoNEX electric motorcycle will now be built on the Arrow S2 platform developed by LiveWire.
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LiveWire, the electric motorcycle company spun out of Harley-Davidson, is flexing the versatility of the company’s S2 Arrow powertrain with the unveiling of an electric maxi scooter.
Expand Expanding CloseOn today’s episode of Quick Charge, we find out what a one-ton Tesla Cybertruck looks like, check out some clever, off-road Kia overland EVs, witness the electric rebirth of Plymouth with a plugin street rod, and more!
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Tesla appears to be doubling down on its new “Oasis” Supercharger station concept, which consists of larger stations powered by solar and a microgrid battery system.
Although, this new one is a bit less ambitious.
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Home to luxury automakers like Porsche and BWM, Lucid Motors (LCID) is making a name for itself in Germany. Lucid just had its second consecutive month of record EV registrations in Europe’s largest auto market.
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Renewables developer Exus Renewables North America is giving a $200 million upgrade to Somerset County, Pennsylvania’s 139 megawatt (MW) Twin Ridges Wind Farm – here’s why repowering projects like this are the future of the wind industry.
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