West Coast charging network operator EVCS is looking to simplify powering electric vehicles by offering a choice of monthly subscription plans. The move marks a departure from the way such networks typically operate. Most require a low monthly fee and charge an additional amount per kWh used. “It really is a minefield across the various
Month: October 2022
This week on the Electrek Podcast, we discuss the most popular news in the world of sustainable transport and energy. This week, we discussed Tesla’s earnings results, potential cheaper Tesla cars, the GMC Sierra EV unveil, Ford F-150 Lightning winter towing test, and more. The show is live every Friday at 4 p.m. ET on Electrek’s YouTube channel.
In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT A Tesla electric vehicle at a supercharger station in Hawthorne, California, on Aug. 9, 2022. Patrick T. Fallon | AFP | Getty Images Tesla CEO Elon Musk said during the company’s third-quarter earnings call on Wednesday evening that the company expects to fully meet the
Stellantis has partnered with Norwegian startup Casi to launch a car subscription service called Drivenjoy, initially in the Netherlands. The service will offer about 200 vehicles in the coming months. The Drivenjoy fleet is not entirely electric, although more hybrid and full-electric vehicles will be added in the coming months. Stellantis is touting the partnership
Few 991-generation Porsche 911 models are more amazing than the Speedster and one bright blue example is currently up for auction in Florida. On first impressions, you could be excused for thinking this 911 Speedster only just rolled off the production line. However, it was caught up in the floods triggered by Hurricane Ian. Read:
TOKYO — Toyota is finally cutting its fiscal-year production forecast, after clinging to it for months, conceding it must trim its plan for November due to the semiconductor crunch. In abandoning its target, the automaker said it “expects” to lower its worldwide production schedule for the fiscal year ending March 31, though it did not
During the Q3 2022 earnings call, Tesla’s CEO Elon Musk revealed several interesting things about the upcoming launch of the Tesla Semi Class 8 electric truck. The vehicle already entered “early production” in Reno, Nevada, most likely at one of the facilities near the Tesla Gigafactory battery plant. The first units will be delivered on
General Motors has unveiled its next electric vehicle, and this time it’s another pickup truck. On Thursday, GMC showed off the 2024 Sierra EV Denali Edition 1. The pickup brand promises the electric truck will deliver up to 400 miles of range, a reconfigurable midgate, lots of on-board outlets, and a high (initial) price of
7:19 PM ET AUSTIN — Lewis Hamilton says Formula One might as well get rid of its cost cap if the FIA is unable to offer severe punishments to teams that overspend. The FIA found Red Bull guilty of a minor overspend under last year’s £145 million cost cap and is now in the process
Wieden+Kennedy has grown its Ford business, taking over lead global creative and brand strategy work from BBDO as the automaker looks to streamline its advertising across the world. W+K has steadily expanded its scope with the automaker since it was added to its roster in 2018. That is when Ford hired BBDO as its lead
In this article GM Follow your favorite stocksCREATE FREE ACCOUNT 2024 Sierra EV Denali Edition 1 Source: General Motors General Motors unveiled its latest electric pickup, the new electric GMC Sierra, and began taking reservations for a fully-loaded $107,000 version, called Sierra EV Denali Edition 1, on Thursday. The automaker expects to begin shipping the
Automakers are investing heavily in autonomous driving technologies, using simulation and digital twins to train, test and validate the deep neural networks running inside the vehicle. Designing software-defined vehicles is a distinctly time-consuming and costly process, requiring input from teams around the world. Traditionally, product development cycles in the automotive industry stretch over many years
One person has been hospitalized, another arrested, up to seven cars damaged, and city property destroyed following a crash in Las Vegas this week that police say was caused by street racing. The Las Vegas Metropolitan Police reports that calls started coming in to 911 at 8:55 p.m. on Monday, October 17, about a crash
DETROIT — The exclusive club of pickup trucks sporting six-figure price tags is getting a new member. The $107,000 GMC Sierra EV Denali Edition 1 arrives just over a year from now. The first of three planned trim levels, the Sierra EV Edition 1 is powered by a pair of electric motors, for a rating
WASHINGTON — The Biden administration said Wednesday it is awarding $2.8 billion in grants for projects to boost U.S. manufacturing of electric vehicle batteries and domestic mineral production. The White House is also launching an effort, dubbed the American Battery Material Initiative, to strengthen critical mineral supply chains as automakers race to expand U.S. electric
By Simon Alvarez Posted on October 20, 2022 Retail activist shareholder platform Tulipshare urged Tesla Inc. to link its executive pay to environmental, social, and governance (ESG) factors. The activist shareholder group announced that it plans to submit a shareholder resolution on the subject during Tesla’s annual meeting of stockholders in 2023. According to Antoine
8:29 AM ET Cape Town will host a round of the electric Formula E championship next February, joining India’s Hyderabad and Brazil’s Sao Paulo as three new venues on a 2023 calendar, the series said on Wednesday. The Feb. 25 race will be Formula E’s debut in South Africa and the fifth of 17 rounds
U.S. President Joe Biden delivers remarks to highlight electric vehicle manufacturing in America, during a visit to the Detroit Auto Show, September 14, 2022. Kevin Lamarque | Reuters The Biden administration on Wednesday said it will award $2.8 billion in grants for projects to expand U.S. manufacturing of batteries for electric vehicles and domestic mineral production.
LEIPZIG — BMW is testing a burner able to operate on both hydrogen and gas in its paint shop in Leipzig, the automaker said on Thursday, as it also announced an 800-million-euro ($782 million) investment in new battery assembly lines at the plant. The burner, developed together with combustion technology firm Saacke with the aim
Actor Glenn Howerton, known for roles on A.P. Bio and ‘It’s Always Sunny In Philadelphia’ regaled his friends and audience with a tale of how his Tesla was stranded for over 24 hours in a parking garage. According to the actor, after his vehicle’s key fob broke, “every step of the way throughout this journey,
LMP Automotive Holdings Inc. has completed the sale of its Stellantis dealership in New York, , and said it has entered into agreements to sell its Kia dealerships in Port Charlotte and Cape Coral, Fla., to Morgan Auto Group of Tampa, Fla. Tasca Automotive Group, of Cranston, R.I., on Tuesday bought LMP’s White Plains Chrysler-Dodge-Jeep-Ram
Uber is debuting an ad format that will tap into the company’s first-party data to target riders during each part of their route. Journey Ads will serve brand messages to riders while they are waiting to connect with a driver, waiting to be picked up and during their trip. The ads will also apply to
Listen to a recap of the top stories of the day from Electrek. Quick Charge is available now on Apple Podcasts, Spotify, TuneIn and our RSS feed for Overcast and other podcast players. New episodes of Quick Charge are recorded Monday through Thursday and again on Saturday. Subscribe to our podcast in Apple Podcast or your favorite podcast player to guarantee
BMW on Wednesday announced a major investment in its U.S. plant to prepare it for production of electric vehicles. The automaker said it will spend $1 billion on its plant in Spartanburg, South Carolina, to prepare the site for EVs, plus a further $700 million to build a new battery plant in nearby Woodruff, South
1:31 PM ET With glitzy new races in Miami and Las Vegas, it would be easy to forget or overlook just how important Austin’s Circuit of the Americas (COTA) has been for Formula One’s push to be relevant in the United States. Last year’s carnival-like event at COTA was confirmation of the extent F1 has
Cars damaged and destroyed by Hurricane Ian have started to appear at auctions in Florida and this 2021 Audi R8 was one of the storm’s unfortunate victims. Currently up for grabs through Copart where a highest bid of $50,500 had been placed at the time of writing, this R8 is in a very sad state.
BERLIN — Volkswagen Group is looking for an investor to take over its factory in Kaluga, southwest of Moscow, where production was halted soon after the Ukraine war began. VW said it is looking at various scenarios for the future of its business in Russia and one option was to sell the assets to a
Tesla CEO Elon Musk said the electric automaker is not facing demand problems despite economic headwinds, and the company expects to sell every vehicle it can produce in the current quarter from its factories in California, Texas, Germany and China. “There’s been a lot of questions about demand in recent weeks,” Musk said on the
Waymo, Alphabet Inc.’s driverless-vehicle unit, plans to expand its robo-taxi service to Los Angeles, the third region where it will be offered. The company will follow the same playbook for the service, called Waymo One, that it has elsewhere, according to an announcement Wednesday. Local employees will try the program first, followed by so-called “trusted
In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT Tesla reported third-quarter earnings after the bell, and executives addressed a broad range of questions during the earnings call, including macroeconomic concerns and CEO Elon Musk’s pending takeover of Twitter. Shares fell by about 5% after hours following the results. Here are the results. Earnings: $1.05
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