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Electric Vehicles News
Teslarati
1h
6
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Rivian stock rises as analysts boost price targets post Q1 earnings
- Rivian stock gains traction as analysts raise price targets post Q1 earnings, driven by optimism over cost control and upcoming lower-priced cars.
- Rivian exceeds Q1 expectations with better gross profit and revenue, despite a dip in stock post-earnings due to reduced 2025 delivery forecast and impact of Trump's tariffs.
- Stifel analyst increases RIVN price target to $18, citing Rivian's progress towards launching affordable vehicles, while Bernstein's analyst lifts price target to $7.05 but maintains a 'Sell' rating.
- Overall, Wall Street's average price target for RIVN increases modestly to $14.31, with one-third of analysts recommending a Buy. Rivian stock rose 2.7% on Monday, indicating positive sentiment and resilience amidst trade challenges.
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Insideevs
9h
308
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General Motors Just Hired Tesla's Former Head Of Autopilot
- General Motors has hired Sterling Anderson, Tesla's former head of the Autopilot program, as its Chief Product Officer to oversee the end-to-end lifecycle of its products.
- Anderson previously worked on the Autopilot team at Tesla in 2015 and played a crucial role in defining Tesla's early vehicle autonomy template.
- After leaving Tesla in 2016, Anderson co-founded Aurora, an autonomous trucking company, alongside experts from Waymo and Uber.
- GM's recruitment of Anderson suggests the company's focus on advancing towards a driverless future and leveraging his experience in the autonomy sector.
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Insideevs
11h
272
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The New Fiat 500 Was Supposed To Be Electric-Only. Now There's A Gas Version
- Fiat has started production of a gas-powered version of the new 500 that was initially planned to be electric-only.
- Full-scale production of the new 500 'Hybrid' is set to commence in November with a sales target of at least 100,000 units annually.
- The electric models of the Fiat 500 were not successful in the market due to high pricing, leading Fiat to reintroduce a combustion engine model.
- The design of the new combustion model remains similar to the electric version, with minor differences in the interior and exterior features.
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Electrek
12h
346
Image Credit: Electrek
Greenworks 80V Venture all-terrain e-bike at new $1,425 low, EGO dual-port mower bundle $550 low, Hiboy, EcoFlow flash sale, more
- Greenworks 80V Venture 20-inch All-Terrain Utility e-bike drops to a new $1,425 low, available for $1,650 with battery and charger bundle option.
- EGO's 56V 21-inch Cordless Electric Dual-Port Self-Propelled Lawn Mower with two 5.0Ah batteries sees a new $550 low.
- Hiboy offers discounted e-bikes, including the EX6 Step-Thru Fat Tire e-bike for $900.
- EcoFlow's 24-hour flash sale includes the DELTA Pro Power Station bundle for $1,999 and the Smart Home Panel 2 for $1,399.
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Teslarati
3h
120
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EU weighs Starlink’s market impact during SES-Intelsat deal
- EU regulators are investigating SES's acquisition of Intelsat to determine the impact of SpaceX's Starlink on the satellite communications market.
- The European Commission is evaluating feedback from customers to assess Starlink's competitiveness and the influence of LEO satellite providers on the market.
- SES aims to bolster Europe's satellite industry through the acquisition, exploring alternatives to complement Starlink services.
- The EU Commission's review will shape Europe's satellite sector competitiveness, with SES seeking to enhance space-based communication resilience amidst Starlink's disruptive technology.
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Insideevs
6h
198
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Slate Racks Up 100,000 Reservations On Its Uber-Cheap Electric Truck
- Slate announced its uber-cheap EV pick-up just two weeks ago and has already received 100,000 reservations for the modular pickup.
- The starting price of the Slate electric truck is under $20,000 after federal incentives, making it more affordable compared to other electric trucks like the Rivian R1T.
- Slate's approach focuses on simplicity and affordability, offering optional features like speakers, with a refundable reservation fee of $50.
- The company aims to have an annual production capacity of around 150,000 vehicles by the end of 2027 and presents a challenge to traditional automakers by tapping into the demand for cheap electric vehicles.
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Chargedevs
7h
294
Sany Group introduces electric excavators, crawler cranes, telehandlers and e-rollers
- Sany Group introduces four new off-highway electric vehicles: excavators, crawler cranes, telehandlers, and e-rollers.
- The SCC2000A-EV is Sany's largest pure electric lattice boom crawler crane with a 422 kWh high-capacity CATL battery.
- The STR50E is the industry's first 5-ton e-roller with a 60 kWh battery, DC fast charging, and liquid-cooled thermal management.
- The SY215E electric excavator features a 422 kWh CATL battery, dual CCS2 charging, 360° AI cameras, and 150 kW high-power motor.
- The STH625E compact telehandler by Sany is designed for the European market with a compact size and a 34 kWh battery.
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Chargedevs
7h
172
Designing better EV charging cables: insights from Southwire
- Southwire, with over 75 years of electrical industry experience, is focusing on supporting electric vehicle infrastructure needs.
- The company custom designs EV charging cables based on over 20 parameters to meet specific customer requirements.
- Southwire offers free online tools like conduit fill and voltage drop calculators to assist professionals in meeting standards.
- The company's sustainability efforts include solar-powered EV charging stations, Environmental Product Declarations, and Cable-in-Conduit solutions for easier installations.
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Insideevs
8h
329
Image Credit: Insideevs
Congress Just Took A Step Toward Killing The $7,500 EV Tax Credit
- The House Of Representatives introduced a bill to phase out the federal EV tax credits, a key driver of EV sales and leases.
- The bill aims to repeal the $7,500 federal clean vehicle tax credit after 2026, affecting manufacturers that have sold over 200,000 qualifying vehicles.
- President Trump is likely to sign the bill if it passes, as he strongly opposes EV tax credits.
- The future of the bill is uncertain as it still needs to pass both houses of Congress, facing possible challenges in the Senate.
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Insideevs
10h
64
Image Credit: Insideevs
The 2025 Toyota RAV4 Isn’t Perfect, But It’s Everywhere For A Good Reason
- The Toyota RAV4 is incredibly popular in the US due to its durability, reliability, and hybrid options, serving as a gateway to electrification for many.
- Introduced in 1994, the RAV4 created the small car-based crossover class and has sold over 10 million units worldwide, making it a successful model.
- The RAV4 Hybrid features Toyota's Hybrid System with a 2.5-liter Atkinson cycle gas engine and trio of electric motors, offering good fuel economy at 41 city/38 highway/39 combined mpg.
- The dashboard layout of the RAV4 is simplistic but functional with a button-heavy approach, lacking soft-touch plastics commonly found in higher-end models.
- Critiques of the RAV4 Hybrid include its syrupy and disconnected power delivery, leading to a somewhat unnatural driving experience, and mediocre on-road dynamics.
- Compared to rivals like the Honda CR-V hybrid, the RAV4's interior space falls short with less rear legroom, impacting passenger comfort and usability.
- Overall, the RAV4 Hybrid is a comfortable and popular choice, although not groundbreaking, appealing to buyers seeking reliability and practicality over dynamic performance.
- Despite its drawbacks, the RAV4 hybrid's features can be seen as positive attributes by different consumer segments, contributing to Toyota's success and future electrification plans.
- The RAV4's continued popularity hints at potential success for Toyota's upcoming full electrification efforts, aligning with consumer preferences for reliable and dependable vehicles.
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TechCrunch
10h
350
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Tesla’s robotaxi plans have the attention of federal investigators
- Federal safety investigators are seeking detailed information from Tesla regarding its upcoming robotaxi service and the operation of its 'Full Self-Driving (Supervised)' software in low-visibility conditions.
- The National Highway Traffic Safety Administration is interested in understanding Tesla's approach to evaluating its vehicles and driving automation technologies for use on public roads.
- Tesla's announcement about a ride-hailing robotaxi service in Austin caught the attention of federal regulators, leading to a series of questions about the safety and operational aspects of the service.
- The investigation aims to determine the relationship between Tesla's 'Full Self-Driving (Supervised)' software and the automated driving system planned for its robotaxi service, particularly focusing on safety in various visibility conditions.
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Teslarati
11h
237
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Tesla gets new information request from NHTSA on Robotaxi rollout
- The National Highway Traffic Safety Administration (NHTSA) has contacted Tesla regarding its Robotaxi platform rollout in Austin, Texas.
- The NHTSA sent a letter to Tesla seeking more information on how the company plans to operate the fleet in poor weather conditions.
- Tesla has already started operating a supervised version of the Robotaxi platform for employees in Austin and San Francisco.
- The NHTSA's request for information is part of a larger investigation into Tesla's Full Self-Driving (FSD) system's performance in reduced roadway visibility conditions.
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Insideevs
12h
32
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Nissan's Hard Times Ain't Over Yet
- Nissan is set to cut another 10,000 jobs, bringing the total job cuts to nearly 20,000, around 15% of the company's workforce.
- The company has been facing financial struggles, with lost revenue and challenges in the electric vehicle and software markets.
- Nissan is exploring partnerships to navigate through tough times, with discussions ongoing with companies like Honda and Foxconn for potential collaborations.
- Executives acknowledge the tough road ahead to drive up sales and profits while controlling costs and planning for an uncertain future.
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Insideevs
13h
97
Image Credit: Insideevs
BYD Enters Romania, Expanding Its European Ambitions
- BYD is expanding its presence in Europe by entering the Romanian market, as part of its plan to enter 12 new European markets this year.
- By the end of 2025, BYD aims to establish itself in 29 European countries with over 1,000 stores and become a market leader in the next five years.
- The launch event in Romania was a major affair, with over 400 attendees, showcasing BYD's commitment to the market and its ambitious expansion plans.
- In Romania, BYD is introducing three crossovers and one sedan, offering a range of electric and plug-in hybrid models at competitive prices.
- The BYD Seal U, a plug-in hybrid crossover, promises over 620 miles of combined range and starts at a price of €34,890.
- BYD aims to position itself as a key player in the Romanian market, with plans to introduce more models in the future and emphasize competitiveness.
- The company plans to add the Seagull to its lineup, a competitive electric subcompact aimed at challenging other popular models in the market.
- With aims to have over 1,000 stores across Europe by the end of the year, BYD is strategically expanding its offerings in various European markets.
- Despite not yet introducing its most advanced EV models in Europe, BYD's presence and plans in the region demonstrate its intentions to compete in the market.
- BYD's entry into Romania signifies a significant step in its broader European expansion strategy and marks its commitment to sustainable mobility solutions.
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TechDigest
13h
25
Image Credit: TechDigest
Nissan set to cut nearly 20,000 jobs globally
- Nissan is planning to cut nearly 20,000 jobs globally as part of its efforts to regain financial stability.
- The job cuts will affect around 15% of Nissan's total workforce and come after substantial losses and intense competition in markets like China.
- The company's struggles have been exacerbated by its decline in market share in China and its slow development of electric models compared to Chinese manufacturers.
- Nissan is expected to report significant losses for the 2024-25 financial year, with projections reaching between ¥700bn and ¥750bn.
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