Automakers’ third-quarter financial results are in, with positive signs for Rivian, less so for Tesla. Tesla production and deliveries were down versus the previous quarter. The automaker said it produced over 430,000 vehicles and delivered over 435,000. Despite the lower-performing quarter, Tesla claims that it’s still on track for the 1.8 million vehicles targeted for…
In its most aggressive move yet to protect federal land from oil and gas exploration, the Biden administration announced on Wednesday that it would prohibit drilling in 13 million acres of pristine wilderness in the National Petroleum Reserve in Alaska and cancel all drilling leases in the Arctic National Wildlife Refuge. The new regulations would…
The EV tax credit shifts toward a point-of-sale rebate. Rivian gets more efficiency from a larger battery pack. And do you want a car that offers all-wheel drive and about 50 mpg, for a price under $30,000? A review of the Toyota Corolla Hybrid reminded us that it’s very good. This and more, here at…
The effects of the Biden administration’s Inflation Reduction Act can already be seen in various ways in the EV market. And one of them, recent data suggests, is an abrupt uptick this year in the portion of EVs leased rather than bought. While the IRA re-upped the federal EV tax credit of up to $7,500…
Swedish-based, Chinese-owned Volvo sold more cars last month than it did during October 2022 and reported its 14th consecutive month of growth in terms of sales. The maker of the EX90 and EX30 saw its global sales reach 59,861 units in the previous month, which is an increase of 10 percent compared to the same…
A new study has found that EVs aren’t being driven as much as internal-combustion cars, indicating they aren’t replacing as many miles driven in combustion vehicles as previously thought. Researchers from George Washington University and the National Renewable Energy Laboratory (NREL) examined odometer readings from 12.9 million used cars and 11.9 million used SUVs from…
Customers can avail of the offer at any EVeium Smart Mobility showroom or by booking any model online for INR 999. Hyderabad: EVeium Smart Mobility, a pioneer in the manufacturing of electric two-wheelers, has announced a discount of up to INR 15,400 on three of its popular two-wheeler scooters: Cosmo, Comet, and Czar. EVeium Smart…
The company that dominates the local market for electric vehicles – it had a 71% share in the April-June quarter – is likely to launch the app this fiscal year. Tata Motors is working on a master app that will provide information on the location and availability of electric vehicle (EV) charging stations to its…
Michigan-based energy storage technology startup Our Next Energy (ONE) has announced range and mass breakthroughs with its Aries II lithium iron phosphate (LFP) battery pack. The company claims that its battery has closed the gap in range and mass to within six percent of the leading benchmark nickel cobalt manganese (NCM) pack typically used in…
“Today a big decision has been taken in that direction to facilitate viability gap funding (VGF) for setting up battery energy storage system. For this INR 3,760 crore will be spent. ” said Anurag Thakur, Union Minister New Delhi: The government on Wednesday approved INR 3,760 crore Central support for 4,000 MWh (megawatt-hour) battery storage…
