Before selling a single all-electric vehicle based on the new Premium Platform Electric (PPE) architecture, German sports car maker Porsche partnered with Austrian luxury shipyard Frauscher to transplant the electric powertrain of the upcoming Macan EV crossover into a sports boat named the 850 Fantom Air. Teased back in June, the first production boat set…
Redwood Materials, the battery recycling startup founded by Tesla co-founder and current board member JB Straubel, has raised more than $1 billion in Series D shares from its most recent equity funding round. The round was co-led by Goldman Sachs Asset Management, Capricorn’s Technology Impact Fund, as well as funds and accounts advised by T….
At first glance it can look like a morgue: sea turtles, limp and motionless. But if you look closely enough, what might look like a corpse offers a slow glimpse of life. The turtles had all washed up in Massachusetts this past December, on the windy beaches of Cape Cod Bay. They were nearly frozen…
Today, Tesla increased the price of the top-of-the-line Model X Plaid version in the United States by $5,000, or almost six percent. The Tesla Model X Plaid now starts at an MSRP of $94,990 (plus $1,640 in obligatory fees), but it’s still way less expensive than it was before the huge price cut applied to…
Electric vehicle sales volumes set another record in Q3, as total sales of battery-powered vehicles jumped past 300,000 for the first time in the U.S. market, according to the estimates from Cox Automotive. Year-to-date EV sales through September reached just over 873,000, putting the market firmly on track to surpass 1 million for the first time ever….
The Indian government in July listed identified 30 minerals, including nickel, titanium, vanadium and tungsten as critical to drive its clean energy push. New Delhi: Indian power producer NTPC‘s mining arm will explore overseas sourcing of battery minerals such as lithium, cobalt and nickel, three sources told Reuters on Monday. The South Asian country, among…
Samsung SDI and automotive giant Stellantishave signed a memorandum of understanding to establish a second battery manufacturing facility in the United States, under the existing StarPlus Energy joint venture. Targeted to start production in 2027, the plant aims to have an initial annual production capacity of 34 gigawatt-hours (GWh). In May 2022, Stellantis and Samsung…
BYD says it respects, but doesn’t fear, dual-cab stalwarts like the Toyota Hilux and Ford Ranger as the Chinese brand readies its “best-in-class” ute for launch in Australia. Speaking to EV Central from the Tokyo Motor Show, EVDirect’s Luke Todd says the new ute’s powertrain, range and a party trick he calls “tradie mode” will…
Polestar announced today that its global electric car deliveries during the third quarter of 2023 amounted to approximately 13,900 units. That’s about 50 percent more than a year ago, although less than in Q2 (15,800) or in the record fourth quarter of 2022 (21,002). Polestar explains that sales of the higher-priced, upgraded Polestar 2 contributed…
Hyundai Motor Company (Hyundai and Genesis brands) reports that its global vehicle sales in September amounted to 357,151 units, which is basically on par with last year’s result (down 0.1 percent). During the first nine months of 2023, the company sold 3,127,001 vehicles (up 7.7 percent year-over-year). The South Korean manufacturer says also that its…
