Rivian, who is going public this week, quietly announced their fleet sales plan on their website. The company will start taking orders for its electric delivery vans in 2022. The first deliveries of those vans […]
On Friday, Rivian significantly raised the expected offer price of its shares in its upcoming IPO. Earlier this week, the company was looking at $62 per share, putting their valuation around $53 billion. However, the […]
After a bit of a slow start, Rivian has been able to ramp production and as of the end of October deliver 156 R1T electric pickup trucks, mostly to employees. With the number of customers […]
Israel’s Nofar Energy is expanding their relationship with Tesla Energy by ordering another 200 megawatts (MW) of Megapack battery energy storage systems. The agreement, worth $54 million, is the second one between the companies this […]
A few months ago, Ford announced their electric crate motor, the Eluminator. Well, they finally showed off the engine in a restomodded 1978 Ford F-100 truck. The F-100 Eluminator concept takes parts from the Ford […]
After a significant investment from the Provincial government, Harbour Air will convert one aircraft in its fleet to an electric engine. The company already found a Swiss battery producer to partner with for the conversion. […]
Before yesterday Tesla CEO Elon Musk was already the wealthiest person in the world. The big boost in Tesla (TSLA) share prices yesterday cemented that status even further as his net worth now stands at […]
Shares of Tesla (TSLA) hit new all-time highs on Monday, propelling the company to a $1 trillion market capitalization. The surge in share prices comes on the heels of a massive order of 100,000 Model […]
Hertz has announced on Monday morning it is ordering 100,000 Tesla Model 3s as part of its ambitious plan to convert its fleet to electric vehicles (EVs) by the end of 2022. The announcement comes […]
Ford announced that it would invest up to $316 million to build electric car components at their Halewood factory near Liverpool, UK. The plant will produce 250,000 power units a year for all-electric passenger and […]
