Rimac raises $536 million to accelerate its role as high-performance electric component supplier

Rimac announced that it closed a EUR 500 million ($536 million USD) round of funding to accelerate its new role as a high-performance electric component supplier.

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Toyota unveils home battery pack to compete with Tesla Powerwall

Toyota has unveiled a new home battery pack to provide residential backup – a product that is going to compete with Tesla Powerwall.

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Ford invests $1.5 billion in building an “all-new commercial electric vehicle” in Ohio

Ford announced today a new $1.5 billion investment in building an “all-new commercial electric vehicle” in Ohio.

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BMW unveils iX1, its new entry-level electric car

BMW unveiled today its next-generation X1, its entry-level vehicle, and introduced an all-electric version, the BMW iX1, for the first time. It should become BMW’s cheapest electric vehicle.

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Momentum Voya E+ 3 electric commuter bike review: Can Giant’s fancy e-bike compete at this price?

When Giant’s new “lifestyle-inspired” electric bike sub-brand Momentum unveiled the Voya E+ 3, it did so at a positively mid-range price of $2,400. That brought it in below the fancier mid-drive e-bikes in most bike shops but well above the value-oriented direct to consumer e-bikes. Considering it has one wheel solidly in each camp, let’s see how it competes against the rest of the industry.

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Quick Charge Podcast: June 1, 2022

Listen to a recap of the top stories of the day from Electrek. Quick Charge is available now on Apple PodcastsSpotifyTuneIn and our RSS feed for Overcast and other podcast players.

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Electric car price war is coming, says Ford CEO

Ford CEO Jim Farley believes that the electric car market is going to soon enter a price war with upcoming $25,000 models.

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2023 Chevy Bolt EV and EUV get $6,000 price cut, start at $25,600

The Chevy Bolt lineup is getting a massive price cut for 2023, dropping from $31,500 to $25,600 (before the $995 destination fee).

This means the Chevy Bolt now has a lower MSRP than the base model Nissan Leaf, though the Leaf still qualifies for the US federal EV incentive, whereas the Bolt does not.

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An EV charging rebate program expands in Massachusetts – here’s why it matters

National Grid, a utility that serves more than 20 million people in New York, Massachusetts, and Rhode Island, is expanding its Off-Peak Charging Rebate Program in Massachusetts that it runs with ev.energy, a certified B corporation and global provider of managed EV charging software.

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CRAFTSMAN’s 14-foot V20 electric cordless pole saw hits $129, more in New Green Deals

Are you ready to finally head outside and trim your trees? CRAFTSMAN has your back with its , which can be picked up for $129 right now at Amazon. Normally $169, this 20% discount is not only notable, but also the lowest price that we’ve seen this year. We also have a wide selection of Tesla, Greenworks, and other e-bike discounts in today’s New Green Deals, so you won’t want to miss that either.

Head below for other New Green Deals that 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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