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Electricvehicles

All articles tagged with #electricvehicles

business1 year ago

Tesla Stock Soars Amid Multiple Price Target Upgrades

Tesla's stock surged to a record high of $400 after Goldman Sachs raised its price target to $345, driven by strong sales figures, growth plans, and investor confidence in CEO Elon Musk's ties with the incoming Trump administration. The company's advancements in robotics and AI, along with the popularity of the Model Y in China, have further fueled investor interest. Analysts highlight Tesla's international sales and AI demand as key growth drivers.

via Yahoo Finance|
#business#electricvehicles#elonmusk
automotive1 year ago

Lucid's 2025 Gravity SUV Sets New Standard with 450-Mile Range

Lucid Motors' new Gravity SUV has received an EPA-estimated range of 450 miles, slightly surpassing its initial 440-mile claim. The vehicle, which began production last week, features three rows of seating and a frunk, and is the first Lucid model to include a native NACS port for Tesla Supercharger compatibility. Prices start at $94,900 for the Grand Touring model, with cheaper versions expected in the coming years.

via The Verge|
#automotive#electricvehicles#eparange
technology1 year ago

Hyundai Cars Now Available for Purchase on Amazon Across 48 Cities

Hyundai has partnered with Amazon to launch Amazon Autos, a platform allowing customers in 48 cities to purchase Hyundai vehicles online, bypassing traditional dealerships. This service offers a seamless buying experience similar to that of Tesla and Rivian, enabling users to select a car, arrange financing, and complete paperwork online. While currently limited to Hyundai, Amazon plans to expand the platform to include more manufacturers and features. This move addresses issues with Hyundai's dealer network and reflects a growing trend towards online car sales.

via InsideEVs |
#amazon#cardealerships#electricvehicles
business1 year ago

China's Mineral Export Ban Threatens US Tech and Auto Sectors

China's recent export bans on critical materials like graphite, gallium, germanium, and antimony threaten the US auto industry's transition to electric vehicles (EVs). These materials are essential for EV batteries and semiconductors, putting pressure on US companies like Tesla and Rivian. The bans come amid escalating trade tensions between the US and China, with the US imposing export controls on Chinese tech firms. The situation highlights the US's dependency on China's supply chain for EV components, raising concerns about the future competitiveness of US legacy automakers like Ford and GM.

via Forbes|
#business#china#electricvehicles
technology1 year ago

Tesla's Affordable Model Q Set for 2025 Launch at £30,000

Tesla is set to launch a new, more affordable electric vehicle, internally known as "Model Q," with a target price under $30,000 USD. The vehicle, expected to be smaller and lighter than the Model 3, will come in two variants: a single-motor RWD and a dual-motor AWD, with ranges up to 310 miles. Production is anticipated to begin in mid-2025, aiming for 500,000 units annually. This model is part of Tesla's strategy to expand its market reach with cost-effective options.

via Not a Tesla App|
#automotive#electricvehicles#innovation
automotive1 year ago

Lucid Gravity SUV: Production Begins and Sets New EV Benchmark

Lucid has begun production of its three-row electric SUV, the Gravity, at its Arizona plant, meeting its promise to start by the end of 2024. The first models available will be the high-end Grand Touring trim, priced at $96,550, with a range of 440 miles per charge. An entry-level version, the Gravity Touring, will be available mid-next year starting at $81,550. The Gravity features a 900-volt electrical architecture, allowing for rapid charging, and is built on Lucid's new crossover platform. This move positions Lucid as a serious contender in the electric SUV market.

via Jalopnik|
#automotive#electricvehicles#lucid
business1 year ago

Tesla's Stock Surge: Analysts Revise Targets Amidst Rally

Tesla shares rose as Morgan Stanley analyst Adam Jonas increased his price target to $400, citing Tesla's leadership in autonomous driving and potential benefits from Elon Musk's relationship with President-elect Trump. Despite potential challenges like reduced EV tax incentives and new tariffs, Tesla's market value has surged by $450 billion since Election Day. Analysts expect Tesla's AI and self-driving technologies to expand its market reach, with regulatory support anticipated under the new administration.

via TheStreet|
#autonomousdriving#business#electricvehicles
business1 year ago

Lucid's New Gravity SUV: A Game-Changer in the Electric Vehicle Market

Lucid Motors has begun production of its new Gravity SUV, a seven-seat electric vehicle, at its Arizona factory, marking a crucial step for the company as it seeks to expand beyond its Air sedan. The Gravity SUV, which boasts a range of up to 440 miles, is seen as vital for Lucid's financial turnaround, given its recent substantial losses and reliance on the Saudi Public Investment Fund for financial support. While production of the lower-priced Touring trim won't start until late 2025, Lucid is also planning a mid-size SUV platform aimed at competing with Tesla's popular models, though production is not expected until late 2026.

via TheStreet|
#automotiveindustry#business#electricvehicles
technology1 year ago

Airy Material Prevents EV Fire Spread

Aspen Aerogels is developing a highly effective thermal insulation material, aerogel, to prevent the spread of fires in electric vehicles (EVs) caused by lithium-ion battery thermal runaway. The U.S. Department of Energy has provided a $670.6 million loan to Aspen Aerogels to build a new factory in Georgia, aiming to enhance EV safety. Aerogel, which is 99% air, acts as a firewall by slowing down heat transfer, thus containing fires without preventing them. This technology is also applicable in other industries, including natural gas transport and space exploration.

via NPR|
#aerogel#aspenaerogels#batterysafety
politics1 year ago

Trump Considers Scrapping USPS Electric Vehicle Contract

Donald Trump's transition team is considering canceling the U.S. Postal Service's contracts to electrify its delivery fleet, aligning with Trump's campaign promises to reverse President Biden's climate policies. This move could affect multibillion-dollar contracts with companies like Oshkosh and Ford for electric mail trucks and charging stations. While Oshkosh shares fell following the news, analysts suggest a complete cancellation is unlikely, though a shift towards more fuel-powered vehicles could occur. The USPS's autonomous status may complicate any contract changes.

via Yahoo Finance|
#climatepolicy#electricvehicles#oshkosh
politics1 year ago

Trump Considers Scrapping USPS Electric Truck Deal

Donald Trump's transition team is considering canceling the U.S. Postal Service's contracts to electrify its delivery fleet, aligning with Trump's campaign promises to roll back President Biden's climate policies. This move could affect multi-billion dollar contracts with companies like Oshkosh Corp and Ford, which are set to supply tens of thousands of electric vehicles and charging stations. The USPS, an autonomous federal agency, faces legal challenges in severing these contracts, but Trump's administration is exploring its options to reverse Biden's decarbonization efforts.

via CNBC|
#biden#climatepolicy#electricvehicles
finance1 year ago

Tesla Stock Soars Amid Bullish Analyst Targets and Tech Updates

Tesla's stock rose after Bank of America analysts set a $400 price target, significantly above the current average and recent closing prices. The analysts maintained a "buy" rating, citing Tesla's growth potential in areas like EVs, robotaxis, and software. They also suggested Tesla might raise capital to fund these ventures, highlighting the company's efficient capital deployment. Tesla's stock is up about 50% for the year, though still below its 2024 highs.

via Investopedia|
#bankofamerica#electricvehicles#finance
technology1 year ago

Pope Francis Embraces Sustainability with First Electric Popemobile

Pope Francis has received the first all-electric popemobile from Mercedes-Benz, marking a significant step towards sustainable transportation for the Vatican. The modified G-Class vehicle, equipped with four individual motors for low-speed travel, allows the Pope to greet visitors while promoting electromobility and decarbonization. This move aligns with Pope Francis' previous experiences with zero-emission vehicles, including a hydrogen-powered Toyota Mirai and a Renault Kangoo electric van.

via The Verge|
#electricvehicles#mercedesbenz#popefrancis
automotive1 year ago

Jaguar Unveils 'Type 00' Concept Amid Brand Overhaul

Jaguar has unveiled its new all-electric concept car, the 'Type 00,' marking a significant shift in design and brand identity. The concept car, which features a boxy design with sleek lights and large wheels, is part of Jaguar's rebranding effort under the slogan 'Copy Nothing.' This rebranding, which includes new logos and a controversial marketing video, has faced criticism for abandoning traditional elements like the Jaguar animal logo. The company plans to transition to an electric-only lineup by 2026, despite challenges in the broader EV market.

via NBC News|
#automotive#conceptcar#controversy
automotive1 year ago

Jaguar's Bold Type 00 Concept Ignites Design Debate

Jaguar has unveiled its Type 00 concept car, marking the brand's first electric vehicle reveal following a controversial rebrand. The concept car, showcased at Miami Art Week, features a long bonnet and fastback profile, and comes in Miami Pink and London Blue. While the Type 00 will not enter production, it has sparked mixed reactions online. Jaguar's rebranding includes a new logo and the elimination of the iconic "Leaper" emblem, as the company transitions to an electric-only luxury brand. The first production car under this new direction is expected in 2025.

via CNN|
#automotive#conceptcar#electricvehicles