Daily Archive: December 22, 2022

Lordstown Endurance™ On Site at CES in West Hall Booth 5274

LORDSTOWN, Ohio, Dec. 22, 2022 (GLOBE NEWSWIRE) -- Lordstown Motors Corp. (Nasdaq: RIDE), (“Lordstown Motors” or the “Company”), an original equipment manufacturer (“OEM”) of electric light duty vehicles focused on the commercial fleet market, today announced that the Lordstown Endurance™ full-size battery-electric pickup truck will be at CES in the Mobility in Harmony (MIH) Consortium Booth in the West Hall Booth 5274. The light-duty truck, a finalist for the North American Truck of the Year co

Svolt Energy completes development of 1st-gen sodium-ion battery with energy density of 110 Wh/kg

Svolt Energy expects to complete the development of sodium-ion batteries with an energy density of 160 Wh/kg and cycle life of more than 2,000 by the fourth quarter of 2023.

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UPDATE 1-Tesla doubles discounts on mainstay vehicles to $7,500 in U.S.

Tesla Inc is offering $7,500 discounts on Model 3 and Model Y electric vehicles (EV) delivered in the United States this month, its website showed on Wednesday, amid concerns the automaker is facing softening demand as economies slow and EV tax incentives loom. The latest discount came just days after the U.S. Treasury Department delayed restrictions on EV incentives until March, meaning Teslas and other U.S-made electric vehicles are likely to qualify for the full $7,500 credits temporarily. Analysts also worry that rising interest rates and CEO Elon Musk's controversial Twitter management could hurt the Tesla brand and sales.