[ad_1] Lordstown Motors gave rides in prototypes of its upcoming electric Endurance pickup truck on June 21, 2021 as part of its “Lordstown Week” event. Michael Wayland / CNBC Electric truck startup Lordstown Motors said Tuesday that it started shipping its pickup truck to customers after receiving final regulatory approval …
Read More »Why your next Domino’s pizza delivery may arrive in a GM Chevy Bolt EV
[ad_1] Domino’s will roll out 800 custom-branded 2023 Chevy Bolt electric vehicles at locations across the U.S. in the coming months. Domino’s Domino’s Pizza will be rolling out a fleet of 2023 Chevy Bolt electric vehicles, 800 of the GM EVs in total across the U.S. in the coming months, …
Read More »Renault plans to harness geothermal energy and help heat plant
[ad_1] A Renault logo photographed in Bavaria, Germany. The French automotive giant says it’s targeting carbon neutrality in Europe by 2040 and globally by 2050. Igor Golovniov/Sopa Images | Lightrocket | Getty Images The Renault Group is working with French utility Engie on the development of a geothermal energy project …
Read More »Tesla’s stock pullback offers a ‘balanced’ risk-reward, Citi says in upgrade
[ad_1] The recent pullback in Tesla ‘s stock offers a “balanced” near-term risk-reward for investors, according to Citi, prompting it to shift its opinion on the electric vehicle maker. Citi analyst Itay Michaeli upgraded Tesla shares to a neutral rating from a sell Wednesday and lifted his price target to …
Read More »China played a great game on lithium and we’ve been slow to react: CEO
[ad_1] This image, from March 2021, shows a worker with car batteries at a facility in China. STR | AFP | Getty Images China is leading the way when it comes to lithium — and the rest of the world has not been quick enough to respond to its dominance, …
Read More »GM EV unit BrightDrop forecasts $1 billion in 2023 revenue
[ad_1] BrightDrop CEO Travis Katz says he’s “charged up” about 2023 and the forecast for the General Motors EV unit to top $1 billion in revenue in 2023. The announcement, tied to General Motors’ investor day on Thursday, is the first time BrightDrop has released revenue numbers. The company did …
Read More »Toyota unveils new Prius hybrids amid skepticism of its EV strategy
[ad_1] 2023 Toyota Prius Prime plug-in hybrid electric vehicle Toyota Toyota Motor is not giving up on its flagship Prius hybrid anytime soon, despite investing billions in all-electric vehicles amid criticism it hasn’t moved fast enough into the emerging segment. The automaker late Tuesday revealed new versions of the Prius …
Read More »The new Toyota Prius has a huge power boost and even better fuel efficiency
[ad_1] CNN — Toyota unveiled an all-new version of its famous Prius hybrid car Wednesday just ahead of the Los Angeles Auto Show. It’s lower, longer and sleeker looking, with just less than a 10% improvement in the model’s vaunted fuel efficiency. Bigger gains come in terms of power and …
Read More »Lucid reveals lower-cost Air electric luxury sedans
[ad_1] Lucid Air Courtesy: Lucid Motors Luxury electric vehicle maker Lucid Group on Tuesday revealed several new versions of its Air sedan – including its lowest-cost model yet. CEO Peter Rawlinson said in an interview with CNBC’s Phil LeBeau the Lucid Air Pure will start at $87,400. An all-wheel drive …
Read More »Lower operating loss, confirms guidance
[ad_1] Polestar 3 Courtesy: Polestar Swedish electric-vehicle maker Polestar said Friday that its third-quarter operating loss narrowed from a year ago as revenue more than doubled, and it confirmed that it still expects to deliver 50,000 vehicles in 2022. But the company warned that higher costs and supply-chain issues will …
Read More »