EV subsidiary of storied Lotus Cars, Lotus Technology, is being spun out in an initial $5.4 billion SPAC merger!
Category: eV
Tesla Stock Rebounded Big In January, Surging 41%
January marked an impressive rebound for Tesla’s stock, leaving some investors wondering what could come next. For now, many are appreciating profits as a nice change of pace after a tough 2022 for the company’s stock. Tesla’s shares jumped by 41% in January, according to Dow Jones Market Data and as detailed by Barron’s in […]
BMW Advancing Fuel Cell Vehicle Trials
BMW continues down the road the path of fuel cell powered passenger cars as part of its corporate strategy for the future.
Check Out This Bicycle-Only Underground Parking Lot In Amsterdam
The new underground parking structure offers space for up to 7,000 bikes.
Renewables In China Trend Upward While Nuclear Trends Flat
The natural experiment of renewables vs nuclear continues in China, and it continues to unfold in renewables' favor.
Ferrari May Use One Of Elon Musk’s Next-Gen Tesla Roadster Ideas
Musk said the next-gen Roadster will offer rocket thrusters to boost performance, and Ferrari has a patent for a similar system.
Researchers Report Progress On A Solid-State Lithium-Air Battery With High Energy Density
Researchers claim to have developed a solid-state lithium-air battery that has an energy density similar to gasoline.
Porsche Developing Full-Sized Electric SUV Due In 2027
The 7-seat SUV will sit above the Cayenne and could cost north of $200,000.
The EV price war is here, and it’s “no pain, no gain” for automakers
Yes, the electric vehicle price war has likely already begun. Last month’s Tesla price cuts slashed up to 20% of the cost to buy the EV maker’s vehicles. Then in a rare move, Ford dropped prices on its Mustang Mach-E lineup last week by up to 9%. While those might have been a couple of the first dramatic shots over the bow... 