Electric bikes and motorcycles have been seeing increased military use for several years. So it should come as no surprise that Ukrainian forces have found them to be an effective tactical vehicle to fight back against Russian aggression.
The post This quiet electric motorcycle is helping Ukrainian snipers fight back against the Russians appeared first on Electrek.
DHL, the logistics giant, announced a deal with Volvo Trucks to cooperate on accelerating the electrification of its operations – starting with ordering a large fleet of electric trucks.
The post DHL orders large fleet of electric trucks from Volvo appeared first on Electrek.
Back when COVID-19 ravaged New York City and turned the city’s transportation needs upside down, significant portions of the road space were repurposed for non-car use. From bike lanes to public seating and urban parks, roads that previously saw gridlocked traffic were nearly instantly transformed into public spaces that benefitted a wider group of residents.
After being forced to realize the benefits of such repurposing of streets, the city is now asking, “Why shouldn’t it just stay that way?”
The post NYC wants to take 25% of its street space away from cars in favor of a walkable/bikeable city appeared first on Electrek.
Rivian has posted its Q1 2022 results and shareholder letter after market close today, showing $95 million in revenue and a loss of $1.593 billion for the quarter ($1.77 per share), up from a loss of $414 million from the same quarter last year. It ended the quarter with nearly $17 billion in cash, largely from its massive IPO late last year.
Rivian also reaffirmed 2022 annual guidance, expecting a total loss of $4.7 billion for the year with 25,000 units of total production and $2.6 billion expected in capital expenditures. While RIVN dropped 9.6% during trading hours today, the market has responded positively after market close, with the stock recovering by 5.5% in after hours trading.
The post Rivian (RIVN) Q1 2022 results – $1.5b loss, 10k new orders, reaffirms 25k production guidance appeared first on Electrek.
Listen to a recap of the top stories of the day from Electrek. Quick Charge is available now on Apple Podcasts, Spotify, TuneIn and our RSS feed for Overcast and other podcast players.
The post Quick Charge Podcast: May 11, 2022 appeared first on Electrek.
Japan, the world’s second-largest car exporter, risks a 14% drop in GDP if it does not move more swiftly toward producing electric vehicles, according to a new report by the Climate Group.
The post Japan could lose 14% GDP and millions of jobs by stalling on electric cars – report appeared first on Electrek.
The US Bureau of Ocean Energy Management (BOEM) today held the lease sale for two offshore wind areas in Carolina Long Bay. Up to 16 prequalified bidders competed for lease rights for 110,091 acres off North Carolina’s and South Carolina’s shores. Assuming they are developed, they will result in at least 1.3 gigawatts (GW) of offshore wind energy, enough to power nearly 500,000 homes.
The post Breaking: Carolina Long Bay offshore wind auction secures $315M in high bids appeared first on Electrek.
Amid rumors of a new EV factory in Georgia, Hyundai confirms plans for a new electric car factory in the US, but it’s not clear where yet.
The post Hyundai confirms plans for a new electric car factory in the US appeared first on Electrek.
Spring weather means it is time to get out there and start making sure your yard is in shape. Today we’re tracking a notable discount on an electric tool to help the cause, with helping you make last year your last time relying on gas or oil. Now down to a new all-time low at $74 off, there hasn’t been a better time to switch over to this essential electric tool. 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.
The post EGO’s Power+ electric hedge trimmer sees $74 discount, more in New Green Deals appeared first on Electrek.
Tesla has asked Panasonic to speed up its development of the 4680 battery cell, which is going to power its next-gen electric vehicles.
The Japanese manufacturer is reportedly still looking for a location for a US factory.
The post Tesla asks Panasonic to speed up development of its 4680 battery cell appeared first on Electrek.