Author: Benedict Mcdaniel

In a recent earnings report, Rivian has once again surpassed market expectations in its Q3 2023 performance, building on its previous successes in the second quarter. The automaker not only exceeded Wall Street estimates but also raised its annual production guidance for the second time this year, underscoring its robust performance. For the third quarter of 2023, Rivian reported revenues of $1.337 billion, surpassing the $1.31 billion estimated by analysts. This figure represented a notable 19.6% increase from the $1.12 billion in revenue achieved in Q2 and a substantial 150% growth compared to the $536 million reported in Q3 2022.…

Stellantis is set to electrify its Ram pickup truck range with the introduction of a previously undisclosed plug-in hybrid model, named the Ramcharger, as part of a comprehensive strategy aimed at reducing the CO2 emissions of its North American fleet. In a significant shift, the iconic Hemi V-8 engine will be phased out of 2025-model light-duty Ram pickup trucks. In its place, Stellantis will offer a selection of six-cylinder combustion engines, bolstered by the forthcoming battery-electric Ram REV and the Ramcharger, which marks a fresh entry into the hybrid pickup segment. The move toward offering more hybrid and electric trucks…

Gogoro, a pioneering force in battery-swapping technology, is poised to make a significant impact in India with a groundbreaking partnership. The company has recently entered into a Memorandum of Understanding with Hindustan Petroleum Corporation Ltd. (HPCL), a prominent Indian oil company boasting a vast network of over 21,000 retail outlets. Gogoro, originally founded in Taiwan in 2011, is renowned for its smart electric scooters, lauded for their sleek design, IoT connectivity, and user-friendly interface. However, it’s the company’s revolutionary battery-swapping infrastructure that truly sets it apart. This innovation addresses the challenges of range anxiety and prolonged charging times commonly associated…

Electrify America, one of the leading electric vehicle (EV) fast-charging networks in the United States, has taken a significant step in its mission to provide nationwide EV infrastructure. The company recently inaugurated its first charging station in North Dakota, aiming to bridge gaps in EV infrastructure, especially in the northern regions of the country. Currently, Electrify America boasts a network of over 840 stations equipped with more than 3,700 individual fast chargers, distributed across 47 states. The latest addition in North Dakota is strategically located in The Shoppes at Jamestown, situated at 2617 8th Ave along Interstate 94. This station…

The concept of e-bikes, electric bicycles that have garnered both praise and skepticism, is gaining traction worldwide. These battery-powered two-wheelers are being hailed as a solution to urban mobility challenges and are predicted to transform into a $120 billion industry by 2030. Amid this burgeoning interest, governments are taking significant steps to promote e-bike adoption by offering financial incentives. E-bike incentives are part of government-funded programs encompassing rebates, tax credits, and discounts, aimed at making electric bicycles more accessible and affordable to a broader demographic. For instance, Colorado boasts one of the most generous e-bike incentive programs, offering subsidies of…

Lucid has provided additional teaser images of its forthcoming all-electric SUV, the “Lucid Gravity,” set to make its full debut at the upcoming LA Auto Show scheduled for November 16, 2023. The newly released video teases various aspects of the Lucid Gravity, offering insights into the vehicle’s design and features. The images showcase a spacious and boxy rear end, along with front lights reminiscent of the Lucid Air sedan, bearing the company’s distinctive design language. A noteworthy addition is the California grizzly bear logo featured on the wheels, underscoring the vehicle’s Californian roots. This hint suggests that the Gravity’s trunk…

British wine retailer Majestic is taking significant steps towards an eco-friendly future by pledging to transition its entire delivery fleet to electric vehicles (EVs) by 2030. In its first move, the company is set to integrate 35 Citroen electric vans into its existing 216-vehicle fleet by the end of this year. Majestic has revealed plans to deploy Citroen’s e-Berlingo and e-Dispatch models starting in the next year. This initiative comes as part of the company’s ambitious target to exceed its original plan of introducing 16 electric vans for the 2023/24 period, emphasizing its commitment to sustainability. The long-term goal is…

Chinese electric vehicle (EV) manufacturer Xpeng has unveiled new versions of its flagship sedan, the P7i, featuring more affordable lithium iron phosphate (LFP) battery packs. This strategic move has resulted in a reduction in the starting price, making the P7i more accessible to a wider audience. Xpeng’s latest offerings, the P7i 550 Pro and P7i 550 Max, are now available with attractive starting prices of RMB 223,900 and RMB 239,900, respectively. This price adjustment makes the P7i a compelling option for prospective EV buyers. Previously, the P7i was available in four versions, namely the 702 Pro, 702 Max, 610 Max…

Canadian battery recycling company, Li-Cycle, has temporarily halted construction on its first US-based battery recycling plant in Rochester, New York. The decision is attributed to increasing construction costs, prompting the company to initiate a comprehensive project review. Li-Cycle originally anticipated that the total costs for the current project scope would surpass earlier forecasts. In light of these developments, the company’s Board of Directors has made the decision to suspend construction work on the Rochester Hub until the review of the project has been completed. The company had initially announced the Rochester Hub facility in September 2020, with plans for it…

Xiaomi’s foray into the electric vehicle (EV) market has reached a significant milestone, with industry insiders suggesting that the company’s first-generation electric car is now in the pre-manufacturing stage. Approximately 50 prototypes are said to be in production each week, marking a crucial step towards mass-market availability. Reports of this development have surfaced in conjunction with images circulating on Chinese social media, purportedly showcasing the body of the new Modena/MS11 prototypes. While the exterior of the prototypes features a camouflage skin, it does little to conceal the sedan’s fairly standard form, which bears a resemblance to the Tesla Model 3.…

BMW, the iconic German automaker, is making waves in the electric vehicle (EV) industry with its latest breakthrough in battery cell technology. The company’s newly developed Gen 6 battery cells, which are poised to underpin its upcoming Neue Klasse-based EVs from 2025, promise a significant leap forward in energy density, range, and environmental impact. Notably, BMW asserts that these cells surpass the technology found in Tesla’s current models. The milestone achievement came as BMW initiated sample production of these cutting-edge battery cells at the BMW Group Cell Manufacturing Competence Center in Parsdorf, Germany. The innovative cells, boasting a 46 mm…

Fisker has recently made a notable change in its leadership by naming David King as the Chief Technology Officer (CTO). This transition comes after Dr. Burkhard Huhnke’s decision to leave the company for personal reasons. David King, an industry veteran with three decades of experience, has been a part of Fisker since 2021. As Senior Vice President of Engineering, he oversaw various aspects, including global Body Engineering and the development of the Ocean body program in Graz, Austria, at Fisker’s manufacturing facility. Additionally, King had responsibilities in managing UK operations and heading the Fisker Magic Works, the company’s special vehicle…