Lucid Motors and Graphite One have signed a new non-binding supply agreement that involves synthetic anode active materials. Through the agreement, the American automaker looks to cater its BEV supply chain to more locally sourced materials. As you probably already know, Lucid Motors ($LCID) is a California-based BEV automaker currently selling one flagship model – … Continue reading “Lucid Motors to further localize supply chain under materials agreement with Graphite One”
Written by Electric Vehicles Magazine
Elon Musk says that he will ‘discuss’ Tesla investing $5 billion in xAI, his own private artificial intelligence company. For the last few years, Musk has claimed that “Tesla is an AI company.” Despite that claim and having a fiduciary duty to Tesla shareholders as the chief executive of the company, Musk decided to start … Continue reading “Elon Musk will ‘discuss’ Tesla investing $5 billion in his private AI company”
Written by Electric Vehicles Magazine
Photo: GMC Based on the latest incentive data, the 2024 GMC Sierra EV lease price costs nearly twice as much as GMC’s HUMMER EV. The 2024 GMC Sierra EV lease prices could start at over $1,700 a month. Sheesh. In auto leasing, the interest rate is called a money factor, lease factor, or lease rate. … Continue reading “The 2024 GMC Sierra EV’s lease price will give you sticker shock”
Written by Electric Vehicles Magazine
Is an electric Hyundai or Kia pickup on the way? Ford’s F-150 Lightning was recently spotted with Korean test plates near Hyundai’s facility, fueling speculation that an EV pickup may be closer than expected. Ford’s F-150 Lightning caught testing near Hyundai plant Kia has already announced plans to launch an electric pickup. In 2022, Kia … Continue reading “Hyundai caught benchmarking Ford’s F-150 Lightning: Is an electric Kia pickup on the way?”
Written by Electric Vehicles Magazine
The young electric boat racing series E1 is adding a new dimension of sustainability to its championship competition. It has introduced a new element called the E1 Blue Imprint Championship, in which its racing teams will compete to deliver the most significant impact in reversing effects on ocean and aquatic ecosystems in regions where races are … Continue reading “E1 adds Blue Imprint sustainability championship to its electric boat racing series”
Written by Electric Vehicles Magazine
Ford’s CEO acknowledged small EVs are key to mass adoption and profitability Ford currently doesn’t make a small EV in the U.S. Ford was a proponent of pickup trucks and SUVs, killed its cars and small SUVs Ford is shifting away from large EVs like the F-150 Lightning pickup truck to emphasize smaller models in … Continue reading “Ford CEO: Bigger isn't always better for EVs”
Written by Electric Vehicles Magazine
EV charging network ChargePoint recently hit a key milestone in global expansion, reaching 1 million charging ports across North America and Europe. To date, these combined ports have delivered billions of miles to EV drivers around the world. ChargePoint’s ($CHPT) latest milestone should come as less of a surprise, as the EV charging network is … Continue reading “ChargePoint (CHPT) hits network milestone with 1 million charging ports available globally”
Written by Electric Vehicles Magazine
The next-generation Porsche Cayenne will be electric Porsche said the gas-powered and hybrid third-gen Cayenne will live alongside the EV Porsche has said the EV transition will take longer than expected Porsche has confirmed that its current gas and hybrid Cayenne models will be sold alongside a fourth-generation, fully electric Cayenne for the rest of … Continue reading “Electric Porsche Cayenne to live alongside gas and hybrid models”
Written by Electric Vehicles Magazine
On this, extra-dense episode of Quick Charge, we cover Tesla’s Q2 earnings call, Elon Musk talks cheap Tesla cars and cheaper 4680 batteries while promising to finally deliver on that new Roadster from 2017. While Tesla pushes back its Robotaxi launch, Google is powering ahead, beting $5 billion on Waymo’s expansion in to Texas. Plus, … Continue reading “Q2 earnings, Elon bets big on AI, cheap Tesla EVs, and Chevy EV lease deals”
Written by Electric Vehicles Magazine
The Nuclear Company, a venture capital–funded project-development firm, came out of stealth last week and announced eye-raising plans: It aims to deploy a 6-gigawatt nuclear-fission reactor fleet by the mid-2030s. That 6 gigawatts would represent more nuclear-generating capacity than the U.S. has deployed in the last decade. The U.S. has commissioned only three new reactors since 2016 and … Continue reading “The US nuclear industry is stuck. Can this startup get it rolling again?”