The uncomfortable reality behind Rivian’s new ‘billion-dollar’ e-bike brand

A billion-dollar valuation is a headline that’s hard to ignore. And when it’s attached to a new e-bike brand spun out of a company like Rivian, it’s even harder not to get swept up in the excitement.

But zoom out for a moment, and a more complicated picture starts to emerge.

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PV5 electric van sales are so hot, Kia is ramping up production plans

The new PV5 is Kia’s first entry into the commercial vehicle space, and the company had ambitious plans to sell some 4,000 of the boxy EVs to UK fleets in 2026. Well, it’s April – and it looks like Kia is going to have to build a lot more than that if it’s going to meet demand.

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CATL says sodium batteries are mainstream-ready, signs massive 60 GWh deal

CATL, the world’s largest battery maker, signed a 60 GWh sodium-ion battery deal with energy storage integrator HyperStrong — the largest sodium-ion battery order ever placed. The three-year agreement is equivalent to half of all energy storage batteries CATL delivered in 2025.

The deal marks what CATL calls proof that it has “overcome the challenges of the entire sodium-ion battery mass production chain.” Industry observers are already calling it a potential “DeepSeek moment” for the global energy storage industry.

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Oregon boosts EV road trips with 24 new fast-charging sites

Oregon is getting ready to deploy another round of fast-charging stations along the highways, and it’s a meaningful step toward making EV road trips easier across the state.

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Here’s our first look at the Hyundai IONIQ 3 in real life [video]

A week after its official debut, Hyundai’s electric hatchback was captured in public for the first time as a standard model.

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EIA: 80 GW of new solar, wind + storage capacity coming in 2026

Utility-scale solar, wind, and battery storage will add more than 80 gigawatts (GW) of new generating capacity in the US by February 28, 2027, while total fossil fuel and nuclear power capacity will fall by almost 5 GW, according to data just released by the US Energy Information Administration (EIA), which was reviewed by the SUN DAY Campaign.

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BYD’s flagship electric SUV secures 30,000+ orders in 24 hrs, and its starts at under $40K

The stunning three-row electric SUV can drive up to 590 miles (950 km) and is equipped with BYD’s new 5-minute Flash Charging.

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Lectric e-bikes with up to $894 savings, Jackery 72-hour flash sale, EcoFlow 512Wh RIVER 2 Max power station $269 low, Aiper, more

Our Monday Green Deals are here, headlined by the final hours of Lectric’s Lightning Deal Sale with up to $894 e-bike bundle savings starting from $799. We also have Jackery’s 72-hour flash sale with offers like the HomePower 3600 Plus Portable Power Station and a 500W solar panel at its second-best $2,299 price + other flash deals and the brand’s newly launched Mother’s Day Sale. You can find the EcoFlow 512Wh RIVER 2 Max Portable Power Station down at its $269 low, as well as Aiper’s latest IrriSense 2 Smart Irrigation System hitting a new $400 low, EGO’s 56V 5.0Ah Battery at its best price of the last year, and more waiting for you down below.

Head below for other New Green Deals we’ve found today and, of course, Electrek’s best EV buying and leasing deals. Also, check out the new Electrek Tesla Shop for the best deals on Tesla accessories.

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Vacuum company shows concept rocket-boosted EV that does 0-60 in 0.9 sec

Dreame, a Chinese company known for robot vacuums and other home appliances, is back with another electric supercar concept, this time with some actually unbelievable numbers.

Try this one on for size: 0-62mph (0-100km/h) in 0.9 seconds.

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Toyota’s EV sales rise 139% in March as drivers seek relief from surging gas prices

As drivers look for alternatives amid rising gas prices, Toyota has been an unexpected winner, with EV sales more than doubling in March.

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