Posts filtered by tags: EVs[x]


 

EVs will account for just 3%-5% of new passenger vehicle sales by 2025: ICRA

https://www.livemint.com/news/india/electric-vehicles-will-account-for-just-3-5-of-the-new-passenger-vehicle-sales-by-2025-icra-11600696632429.htmlElectric vehicles will not be able to gain any significant traction due to high prices and lack of direct and indirect fiscal stimulus from the union and the state governments. The post EVs will account for just 3%-5% of new passenger vehicle sales by 2025: ICRA appeared first on NextBigWhat.
Tags: Business, News, EVs, ICRA


Nikola founder Trevor Milton's resignation amid fraud allegations marks a swift fall after a years-long climb

Nikola founder Trevor Milton stepped down from his post as executive chairman early Monday morning. Massimo Pinca/Reuters EV startup Nikola founder Trevor Milton stepped down on Monday amid allegations of fraud. Earlier this month, short-seller Hindenburg Research published a report that accused Nikola and Milton of fraud and false statements. Both the Securities and Exchange Commission and the Department of Justice have opened investigations into Nikola following Hindenburg’s allegations....
Tags: Startups, Transportation, Trends, General Motors, Fraud, Gm, Autos, SEC, Department Of Justice, EVs, Securities And Exchange Commission, Business Insider, Milton, Salt Lake City Utah, Mark Russell, Badger


JPMorgan stands by Nikola 'buy' rating following chairman Trevor Milton's departure

CEO and founder of U.S. Nikola Trevor Milton attends a news conference held to presents its new full-electric and hydrogen fuel-cell battery trucks in partnership with U.S. Nikola, at an event in Turin, Italy, December 3, 2019. REUTERS/Massimo Pinca JPMorgan is standing by its "buy" rating for Nikola, even as the executive chairman and founder Trevor Milton resigned.Analysts from the firm wrote that the stock of the electric-truck company may not be fully pricing in a "successful execution ...
Tags: Auto, Trends, Markets, Electric Vehicles, Gm, EVs, Securities And Exchange Commission, Jpmorgan, Milton, EBITDA, Turin Italy, Nikola, Paul Coster, Trevor Milton, NKLA, Nikola Trevor Milton


The Tesla Model 3 might have the new Polestar 2 EV beat on paper, but the Polestar won me over — here's why

Tesla Model 3 versus Polestar 2. Tesla and Kristen Lee/Business Insider I've tested both the Tesla Model 3 and the new Polestar 2. Both are five-seater luxury EVs. They largely drive the same; the big differences are in the packaging and user experiences. Though the Tesla performs better on paper, I liked the Polestar because it has a more usable interior. Visit Business Insider's homepage for more stories. In terms of more compact, luxury EVs with decent range, the Tesla Model 3 and Poles...
Tags: Google, Transportation, US, Trends, Tesla, Autos, Epa, EVs, Volvo, Electric Cars, Comparisons, Tesla Model 3, Ev, Geely, Tesla Model, San Francisco Los Angeles


More Dealer Drama from Cadillac and the China Connection [Updated: Cadillac Responds]

Cadillac told U.S. and Chinese dealers they will each need to invest at least $200,000 on electric vehicle chargers and staff training to continue selling the brand’s products after 2022. The message was communicated to dealerships on Wednesday via video messages from Rory Harvey, the luxury brand’s vice president of sales, service and marketing. Cadillac […] The post More Dealer Drama from Cadillac and the China Connection [Updated: Cadillac Responds] appeared first on The Truth About Cars.
Tags: China, Sales, General Motors, Electric Vehicles, Autos, Sales And Marketing, EVs, Cadillac, News Blog, Dealer News, Chinese Market, North American market, Dealer Upgrades, Cadillac Responds, Rory Harvey


Nikola surges 15% from intraday lows as JPMorgan analyst defends company following CFO meeting

REUTERS/Massimo Pinca Nikola reversed from intraday lows and rallied as much as 15% on Wednesday after JPMorgan defended the company following a discussion with Nikola management."The overall message was reassuring: no loss of momentum with existing partners, prospective customers, suppliers and employees," JPMorgan analyst Paul Coster said in a note on Wednesday.Nikola has ping-ponged back and forth over the past week after a short-seller report helped deflate stock gains associated with ...
Tags: Finance, Trends, General Motors, Markets, Electric Vehicles, SEC, Stocks, Stock Market, EVs, Doj, Bosch, Jpmorgan, Brady, SPAC, Nikola, Hindenburg


Watch the Cybertruck's upcoming Hummer EV competitor use its 'Crab Mode' feature to crawl diagonally across sand

GMC Hummer EV Crab Mode. Screenshot courtesy of GMC The GMC Hummer EV will be a 1,000-horsepower, all-electric “super truck.” A new teaser released on Monday shows its “Crab Mode” — utilizing the four-wheel steering to drive diagonally. The Hummer EV will officially debut on October 20. Visit Business Insider's homepage for more stories. Didn't you hear? General Motors is bringing back the Hummer nameplate as the GMC Hummer — a 1,000-horsepower, all-electric "super truck." Not much more is...
Tags: Transportation, Trends, General Motors, Gm, Autos, EVs, Gmc, Hummer, Detroit Hamtramck, Kristen Lee, Electric trucks, GMC Hummer EV, Hummer EV, GMC Hummer, BITranspo, GMC YouTube Crab Mode


Lucid Motors will launch an electric SUV on the heels of its Air sedan — see the first images of 'Project Gravity'

Lucid Motors Project Gravity. Lucid Motors After debuting its all-electric sedan, the Air, Lucid Motors also published images of its upcoming SUV. For now, it's called Project Gravity and it will be built on the same platform as the Air. A company spokesperson told Business Insider that Lucid hopes to bring Project Gravity to market by 2023. Visit Business Insider's homepage for more stories. On the heels of the all-electric Lucid Air sedan, California EV startup Lucid Motors also released...
Tags: Transportation, California, Trends, Autos, Air, EVs, Electric Cars, SUVs, Cto, Lucid, Lucid Motors, Lucid Air, Kristen Lee, Peter Rawlinson, Air Lucid Motors, BITranspo


Link About It: This Week’s Picks

Volcanic eruptions, futuristic vehicles and open education in our look around the web Slow Factory’s Open Education Fall Calendar Founded in 2012 by Céline Semaan, Slow Factory continues its quest to increase “sustainability literacy” in fashion and all that it entails. Once such endeavor is through free, open education—and they have just announced their upcoming class calendar. With courses including Cultural Appropriation and North Indigenous …
Tags: Drinks, Design, News, Education, Cars, Sustainability, Cannabis, Electric Vehicles, Transport, Online Courses, Survival, EVs, Electric Cars, Online Learning, Linkaboutit, Link About It


Volkswagen Drops Another ID.4 Teaser Ahead of Reveal

Electric vehicles are sometimes looked upon as being unable to do what internal-combustion engine vehicles can do. That’s mostly because until recently, ranges haven’t been on pair with ICE engines. But don’t conflate shorter ranges with lack of ability. Take the Volkswagen ID.4, for example. Set to be revealed later this month – on September […] The post Volkswagen Drops Another ID.4 Teaser Ahead of Reveal appeared first on The Truth About Cars.
Tags: Electric Vehicles, Autos, Volkswagen, EVs, New Cars, Future Cars, News Blog, Towing, Battery Electric Vehicles, Volkswagen ID.4


Mercedes-Benz EQS Spied, Foreshadows M-B’s EV Future

Mercedes-Benz is working to deliver on its promise of having 10 or more EVs on the market by 2022, as evidenced by spy shots of the EQS unearthed via Motor Authority. The EQS will be a large sedan, poised to sell alongside the flagship S-Class. Production could start this year, putting it on the market […] The post Mercedes-Benz EQS Spied, Foreshadows M-B’s EV Future appeared first on The Truth About Cars.
Tags: Electric Vehicles, Autos, Mercedes Benz, EVs, Electric Cars, Future Cars, Motor Authority, News Blog, Mercedes-benz Eqs


Frunk Yeah: Lucid Air Debuts, Starts at $80,000

Minus an unpleasant amount of virtue signaling, the Lucid Air debut was pretty good. But this is technically a commercial so what else could we have possibly expected? Lucid is an electric vehicle brand so it’s required by law to succumb to the growing list of EV clichés. Building this car the way Lucid does […] The post Frunk Yeah: Lucid Air Debuts, Starts at $80,000 appeared first on The Truth About Cars.
Tags: Production, Electric Vehicles, Autos, Air, EVs, Lucid, News Blog, Lucid Motors, Lucid Air, Lucid Air Debuts Starts


Lucid Motors just unveiled a new EV that starts at $80,000 and can beat a Tesla Model S on paper — check out the Air

Lucid Air. Lucid The Air is Lucid Motors's first, all-electric sedan that boasts a spacious interior and a long range. The base Air starts at $80,000, while the range-topping, limited-edition Air Dream Edition starts at $169,000. The Air will be available starting in spring 2021. Visit Business Insider's homepage for more stories. In the world of luxury EVs, the Tesla Model S has largely gone unchallenged — until now. Now, we have the all-new, all-electric Lucid Air, which boasts incredibl...
Tags: Transportation, California, Trends, Tesla, Autos, Epa, Air, West Coast, North America, EVs, Electric Cars, Tesla Model S, Lucid, Leap, Rawlinson, Lucid Motors


Lucid's CEO says he has 'more advanced technology than Tesla,' and wants to use it to lower the price of EVs

Lucid Air. Lucid Lucid CEO and CTO Peter Rawlinson doesn’t think big batteries are the key to efficiency. He has plans to mass-produce the tech behind the Lucid Air and wants to see it in other cars. He also said that Lucid’s tech is “more advanced” than Tesla’s. Visit Business Insider's homepage for more stories. Believe what you want about trickle-down as it applies to economics, but it's a tried-and-true method in cars. Lucid Motors, the new EV startup on the scene, isn't just bringing ...
Tags: Transportation, US, Trends, General Motors, Tesla, Ford, Autos, Air, Volkswagen, Honda, Lotus, EVs, Cto, Tesla Model S, Lucid, CEOs


The designer of Lucid's $80,000 Tesla rival says it will be spacious enough to offer business class-like reclining seats

Lucid Air. Lucid Business Insider spoke with Derek Jenkins, the VP of design at Lucid Motors, about designing the company's upcoming Air EV. The Air officially debuted on Wednesday. The Air was first sketched out in 2015 and the design team had to figure out what would still look futuristic by the time the car debuted in 2020. Because Lucid compacted the size of the Air’s drive components, there was a lot of interior space that could be maximized. Visit Business Insider's homepage for more...
Tags: Transportation, Trends, Tesla, Autos, Air, Volkswagen, EVs, Electric Cars, Tesla Model S, Lucid, Mazda, Mercedes Benz, Jenkins, Lucid Motors, Lucid Air, Kristen Lee


Nikola's electric pickup truck with a longer range than Tesla's Cybertruck, will be built by GM — take a closer look at the Badger

Nikola Badger Electric Pickup Truck. Nikola Nikola Corporation has unveiled the Badger, the automaker's first electric pickup truck. The Badger has a maximum range of 600 miles by using both a hydrogen fuel cell and battery power sources. Reservations for the Badger opened on June 29, according to a tweet from Nikola Motors CEO Trevor Milton. On September 8, Nikola and General Motors announced a "strategic partnership" that grants GM an 11% stake in Nikola — worth $2 million — and a role i...
Tags: Transportation, Trends, General Motors, Tesla, Electric Vehicles, Gm, North America, EVs, Milton, Mark Russell, Bev, Badger, Nikola, FCEV, Tech Insider, Trevor Milton


Uber Promises Fleet-wide Electrification by 2030, GM Offers Help

Uber Technologies has promised to make sure that 100 percent of the vehicles used to convey customers in Europe, Canada, and the United States will be powered entirely by electricity — allotting itself just under a decade for the transition. By 2030, Uber said all cars used on the platform will be required to be of […] The post Uber Promises Fleet-wide Electrification by 2030, GM Offers Help appeared first on The Truth About Cars.
Tags: Uber, Going Green, Green, United States, Electric Vehicles, Editorials, Gm, Autos, EVs, Alternative Energy, Europe Canada, Uber Technologies, News Blog, Carbon Neutral, Empty Corporate Promises, Uber Promises Fleet


GM Investing $2 Billion Into EV Startup Nikola

General Motors announced it will be taking an 11-percent stake in Nikola on Tuesday. It even said it would be actively helping the startup produce the hydrogen/battery-powered Badger pickup, sending the firm’s already-insane share price through the roof. Nikola shares were up 30 percent before the trading day even began, with the General seeing some positive […] The post GM Investing $2 Billion Into EV Startup Nikola appeared first on The Truth About Cars.
Tags: Startups, Investments, General Motors, Electric Vehicles, Mary Barra, Gm, Autos, Hydrogen, Fuel Cell, Hydrogen power, EVs, Investors, Nikola, News Blog, Trevor Milton, EV Startup Nikola


QOTD: Would You Ever Consider China’s Best-Selling EV?

While Tesla’s Model 3 sedan is supposedly taking the world by storm, some hot competition has been reported in China. The Hongguang MINI EV has eclipsed the offspring of Elon Musk to become the country’s best-selling electric vehicle. Though at just 28,800 yuan ($4,200), it hardly seems a fair comparison. Tesla’s minimalist sedan is larger […] The post QOTD: Would You Ever Consider China’s Best-Selling EV? appeared first on The Truth About Cars.
Tags: China, Tesla, Electric Vehicles, Gm, Autos, EVs, Qotd, SAIC, News Blog, Microcars, Question of the Day, Wuling, Hongguang Mini EV, SAIC-GM-Wuling


The Los Angeles Police Department's barely used fleet of BMW i3 EVs is being sold for dirt cheap

LAPD BMW i3. BMW Cars from the LAPD's fleet of barely used BMW i3s are being sold at New Century BMW in Alhambra, California.  The cars all have pretty low miles and are all priced between $15,000 and $18,000, a dealership rep told Business Insider. The dealership sold its first shipment of 28 cars in just four days, but a new shipment is coming this month. Visit Business Insider's homepage for more stories. In 2016, BMW won the bid to supply the Los Angeles Police Department with hundreds...
Tags: Transportation, California, Police, Los Angeles, Trends, Autos, Cbs, Bmw, EVs, Lapd, Electric Cars, Eric Garcetti, Southern California, Bmw I3, Los Angeles Police Department, CBS Los Angeles


Volkswagen just unveiled the airy, minimalist interior for its first American EV — check out the upcoming ID.4

Volkswagen ID.4 EV interior. Volkswagen The ID.4 will be Volkswagen’s first all-electric car offered in the US. It’s built on Volkswagen’s modular electric drive matrix technology platform, otherwise known as "MEB." The ID.4 will officially debut later this month. Interior photos published on Friday show an airy but conservative interior. Visit Business Insider's homepage for more stories. Volkswagen already has an all-electric car out in the form of the ID.3 hatchback, but that particular...
Tags: Transportation, US, Trends, Autos, Toyota, Volkswagen, EVs, Electric Cars, Ev, Interior, Kristen Lee, Volkswagen ID.4, Volkswagen Volkswagen, BITranspo, 2021 Volkswagen ID.4, Klaus Zyciora


Study: Global Recession Negatively Impacting EV Sales (Duh)

Today’s study comes straight from the memoirs of Captain Obvious. Apparently, an economic recession isn’t what you want when you’re vying to sell factory fresh automobiles beyond the confines of rock-bottom prices. There might even be a correlation between being broke and lacking the ability to purchase items in general. At least, that was the […] The post Study: Global Recession Negatively Impacting EV Sales (Duh) appeared first on The Truth About Cars.
Tags: Electric Vehicles, United Kingdom, Studies, Autos, Surveys, EVs, Auto Sales, Reports, News Blog, Auto Trader, Battery Electric Vehicles, Supply And Demand, BEVs, Studies & Reports, Studies And Reports


Volkswagen of America Boss Aims for EV ‘Sweet Spot’

Seen in spy photos, in conceptual drawings, and as a prototype, the upcoming Volkswagen ID.4 crossover launches on September 23rd, with the potential to arrive in the greenest U.S. states by year’s end. The vehicle marks the end of a half-decade journey for the automaker that began with a very expensive scandal and ended with […] The post Volkswagen of America Boss Aims for EV ‘Sweet Spot’ appeared first on The Truth About Cars.
Tags: Vw, Electric Vehicles, Autos, Volkswagen, EVs, News Blog, Product Planning, Future Models, ID.4, Volkswagen ID.4, Volkswagen of America Boss Aims


Tesla falls 7%, continuing its slump a day after its largest outside shareholder trimmed its stake

Tesla CEO Elon Musk. MARK RALSTON/AFP/Getty Images Shares of Tesla slumped as much as 7% in early trading Thursday. The fall comes just a day after Baillie Gifford, Tesla's largest outside shareholder, said it had to trim its stake amid the stock's record-breaking rally.Tesla fell 6% on Wednesday following the announcement. Watch Tesla trade live on Markets Insider.Read more on Business Insider.Tesla shares continued to slump Thursday, a day after its largest outside shareholder announce...
Tags: Elon Musk, Trends, Markets, Tesla, Electric Vehicles, TSLA, Shareholders, EVs, Stock, Stock Price, Baillie Gifford, Portfolio, Automakers, Gifford, Business Insider Tesla, Portfolio Management


Tesla falls 9%, continuing its slump a day after its largest outside shareholder trimmed its stake

Tesla CEO Elon Musk. MARK RALSTON/AFP/Getty Images Shares of Tesla slumped as much as 9% in intraday trading Thursday. The fall comes just a day after Baillie Gifford, Tesla's largest outside shareholder, said it had to trim its stake amid the stock's record-breaking rally.Tesla fell 6% on Wednesday following the announcement. Watch Tesla trade live on Markets Insider.Read more on Business Insider.Tesla shares continued to slump Thursday, a day after its largest outside shareholder annou...
Tags: Elon Musk, Trends, Markets, Tesla, Electric Vehicles, TSLA, Shareholders, EVs, Stock, Stock Price, Baillie Gifford, Portfolio, Automakers, Gifford, Business Insider Tesla, Portfolio Management


Polestar is Tesla's newest and fiercest challenger on the luxury EV market — here's how to buy and own one

2021 Polestar 2. Polestar Polestar is a new stand-alone electric car brand from Volvo and Geely.Though the car is marketed as a separate brand, it still relies heavily on Volvo's established dealer network.Polestar cars can be serviced at participating Volvo service centers. Customers can take advantage of a complimentary pickup and drop-off service within a 150-mile radius of a participating dealership.Visit Business Insider's homepage for more stories.As more and more luxury EVs from star...
Tags: Transportation, Florida, US, Trends, Tesla, Austin, Connecticut, Car Buying, Autos, Philadelphia, Seattle, Mercedes, EVs, Bentley, Volvo, Electric Cars


Tesla is poised to surge another 16% amid signs it will use its lofty stock price to raise money, BofA says

Bank of America on Wednesday boosted its Tesla price target to $550 from $350, implying a roughly 16% upside from Monday's close. The upgrade comes after Tesla on Tuesday announced capitalizing on its recent rally.  The announcement "was evidence of our thesis that TSLA will utilize its stock to raise capital through low-cost equity offerings in order to accelerate aggressive capacity buildout plans globally and drive units/revenue substantially higher, further cementing its status as the dom...
Tags: Electric Vehicle, Elon Musk, Wall Street, Trends, Markets, Tesla, Bank Of America, Electric Vehicles, TSLA, Batteries, Capital, EVs, Bernstein, Murphy, John Murphy, BofA


Watch the Lucid Air EV beat a Tesla Model S on the drag strip with a 9.9-second quarter-mile

Lucid Air. Lucid The Lucid Air is the first all-electric car from Lucid Motors. Last month, we learned that it'll have a Tesla-smashing estimated range of 517 miles.A video uploaded on Wednesday shows the car achieving a 9.9-second quarter mile.Visit Business Insider's homepage for more stories.If you're not already, you should be paying attention to the Lucid Air, the first all-electric car from California-based automaker Lucid Motors. The upcoming Air not only made headlines last month by...
Tags: Transportation, Elon Musk, California, Trends, Tesla, Porsche, Autos, Air, EVs, Electric Cars, Tesla Model S, Lucid, Bugatti Veyron, Dominic Toretto, Tech Insider, Carscoops


Upstart Lucid Banks on Big Numbers, Not Bodystyle

There’s no shortage of fledgling electric automakers peddling their future wares, so how does an embryonic car company avoid becoming just a face in the crowd? If you’re Lucid Motors, you aim for big numbers. The kind that matter to motoring enthusiasts, not environmentalists. With its first model, the Air, Lucid plans to wow would-be […] The post Upstart Lucid Banks on Big Numbers, Not Bodystyle appeared first on The Truth About Cars.
Tags: Electric Vehicles, Autos, Air, EVs, Lucid, News Blog, Product Planning, Future Models, Lucid Motors, Lucid Air, Air Lucid


Report: Mass Nickel Mining Probably Won’t Be Great for the Environment

Electric vehicle manufacturers are already struggling to maintain supply lines as demand for batteries increases in practically every industry in existence. Automakers have recently begun branching out to secure the raw materials necessary for their production while also trying to cozy up to battery suppliers who already know they have them over a barrel. Some, […] The post Report: Mass Nickel Mining Probably Won’t Be Great for the Environment appeared first on The Truth About Cars.
Tags: Going Green, Mining, Electric Vehicles, Autos, Automotive Industry, EVs, Electric Cars, News Blog, Nickel, BEVs, Battery supply, Battery Suppliers, Enviornmentalism, Nickel Mining