Tag Archives: Electric

Brunswick makes waves with Veer electric boats, outboard electric motors

Brunswick makes waves with Veer electric boats, outboard electric motors

Brunswick (BC), the world’s largest consumer marine company behind brands like Boston Whaler, Sea Ray, and Mercury is making waves at the Consumer Electronics Show (CES) in land-locked Las Vegas this year. This being CES, the focus is on innovation and what’s next. For Brunswick this means electrification. Brunswick’s Mercury Marine power division introduced its Avator 7.5e electric outboard at the show. The 7.5e electric motor is the first in a series of electric outboard products that… Source link

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Rivian stock drops after pausing Mercedes electric van deal

Rivian stock drops after pausing Mercedes electric van deal

EV-maker Rivian (RIVN) announced today it was pausing plans to co-develop an electric van with Mercedes-Benz (MBG.DE) and would no longer pursue a memorandum of understanding the two companies signed in September of this year. “Our decision to pause this partnership with Mercedes-Benz is based upon our focus on prioritizing investments with the highest returns. We have a range of opportunities to invest our capital and are constantly evaluating and refining our analysis of these projects,”… Source link

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Electric vehicle makers burning cash, slammed by sky-high costs

Electric vehicle makers burning cash, slammed by sky-high costs

By Akash Sriram (Reuters) – Every time Lucid Group Inc or Rivian Automotive Inc sells an electric car, they are losing hundreds of thousands of dollars due to staggering raw material and production costs, their latest earnings statements showed. Quarterly reports from electric vehicle (EV) makers from the past two weeks show them struggling to hit delivery targets and rapidly burning through cash. Lucid’s cost of revenue surged to $492.5 million in the July-September quarter from $3.3 million a… Source link

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YouTube star says towing with Ford’s new electric pickup is a ‘total disaster’ in viral video — but Wall Street still likes these 3 EV stocks

YouTube star says towing with Ford’s new electric pickup is a ‘total disaster’ in viral video — but Wall Street still likes these 3 EV stocks

‘This truck can’t do normal truck things’: YouTube star says towing with Ford’s new electric pickup is a ‘total disaster’ in viral video — but Wall Street still likes these 3 EV stocks It’s no secret that electric cars are becoming more and more popular these days. But will the EV trend carry over to pickup trucks? According to Tyler Hoover — who runs the Hoovie’s Garage YouTube channel with 1.4 million subscribers — an electric pickup truck might not be a great option if… Source link

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What I Learned About the Future of Electric Cars on My Family’s Summer Road Trip

What I Learned About the Future of Electric Cars on My Family’s Summer Road Trip

When Covid-19 entered our lives, people started re-thinking how they vacation and some are choosing alternative modes of transportation. My family has switched entirely to road-tripping post-Covid-19. To date we’ve driven to Florida, Georgia, and Minnesota twice with plans to drive to Cape Cod and Georgia later this year — all in an electric car. Why did we switch? I’ve always dreaded flying with kids. Two young kids, two car seats, a stroller, plus all the luggage. And it’s expensive… Source link

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I drove a Tesla for the first time after testing 14 other electric cars. Now I get why people are so obsessed with Elon Musk’s vehicles.

I drove a Tesla for the first time after testing 14 other electric cars. Now I get why people are so obsessed with Elon Musk’s vehicles.

The Tesla Model Y.Tim Levin/Insider I drove a Tesla for the first time and came away impressed with the much-hyped brand. The Model Y’s sleek interior, speedy acceleration, and innovative tech features set it apart. But its oversized touchscreen and lack of physical buttons isn’t for everyone. Tesla created and dominates the burgeoning market for electric vehicles. But can the startup’s popular cars withstand a barrage of competitors from titans like Ford, General Motors, and Volkswagen? That’s… Source link

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Elon Musk told Trump to sail into the sunset, now the former President tells supporters it’s time to get rid of electric cars in Pennsylvania rally rant

Elon Musk told Trump to sail into the sunset, now the former President tells supporters it’s time to get rid of electric cars in Pennsylvania rally rant

In his first comments since the FBI raid on his Mar-a-Lago compound, Donald Trump took aim at electric vehicles in a speech over the weekend that managed to attack two of his main opponents—rising Republican star Elon Musk as well as incumbent President Joe Biden. Trump’s ambition to be the first to win back the White House since Grover Cleveland in 1893 was dealt a blow last month when law enforcement authorities seized confidential records property of the federal government unlawfully… Source link

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How top-selling electric vehicles will be affected by new tax credit

How top-selling electric vehicles will be affected by new tax credit

In a big win for Democrats, Senate passage of the Inflation Adjustment Act brings the bill to the House, where the bill is expected to pass. If all goes as planned, the legislation could be in front of President Biden to sign in as little as a couple weeks. For the automotive industry, a big piece of the legislation is the expansion of the $7,500 federal tax credit for EVs (electric vehicles), in which the cap on automakers to qualify for the credit — which currently is at 200,000 vehicles… Source link

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