Author name: evehicle

Elon Musk is walking away from Twitter deal after selling $8 billion worth of Tesla (TSLA) stock for it

[ad_1] After months of negotiations, Elon Musk has officially moved to terminate his takeover of Twitter, but the CEO has still sold around $8 billion worth of Tesla (TSLA) stock to make it happen. What is he going to do with that money? After Tesla went public in 2010, Elon Musk often said that he […]

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Taiga Orca electric jet ski is here, and it\’s pure unadulterated fun

[ad_1] Taiga Motors has started deliveries of its Orca personal electric watercraft, basically an electric jet ski, and we got a chance to try it. It’s pure unadulterated fun on the water. After being in the electric vehicle world for a decade, I’ve become extremely conscious of my energy usage. When I look at people

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Tesla and PG&E invite customers to create world\’s largest distributed battery to support grid reliability

[ad_1] Tesla and Pacific Gas and Electric (PG&E) invitd 25,000 customers to create the world’s largest distributed battery to support grid reliability, the utility announced. We knew about this partnership in June when the two companies announced they were working together to launch a virtual power plant (VPP) program. The program allows homeowners with a

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Backseat fires prompt recall replay for Hyundai Ioniq Hybrid, Plug-In Hybrid

[ad_1] Back seat of your 2017 or 2018 Hyundai Ioniq Hybrid or Plug-In Hybrid warming passengers’ buns? No, they haven’t discovered a hidden feature. You’ll want to get that looked at right away—and it’s part of a new recall announced Friday.  In the affected vehicles, a loose connection between contacts in these vehicles’ main propulsion

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Twitter pursues legal action to ensure Elon Musk seals $44B deal

[ad_1] Twitter Board Chairman Bret Taylor announced that the social media company would pursue legal action to ensure Elon Musk seals his $44 billion deal. Last week, Musk submitted a SEC filing, terminating his merger agreement with Twitter.   Inside sources told Reuters that Twitter plans to file a lawsuit this week in Delaware. Twitter hired Wachtell, Lipton,

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Moment Energy and Mercedes-Benz Energy establish supply agreement for second-life batteries

[ad_1] Canada-based Moment Energy, a start-up created by four Simon Fraser University alumni, has established a supply agreement with Mercedes-Benz Energy (MBE) for second-life electric vehicle batteries. This marks the first agreement Mercedes-Benz Energy has signed with a North American second-life energy storage system (ESS) provider. Together with Moment Energy we will enable sustainable ESS-solutions

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Volvo\’s New Euro Plant To Build EVs Based On An Evolution Of SPA2

[ad_1] New details have emerged about Volvo Cars\’ future electric vehicle plant in Slovakia, which will start building next-generation EVs in 2026 after a $1.25 billion investment. The automaker\’s first new factory in Europe since 1965 will build cars based on a successor to the EV-only SPA2 platform, which will soon underpin Volvo\’s upcoming flagship

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APEX Group to build electrolysis plant for ArcelorMittal steelworks decarbonization project in Bremen (HyBit)

[ad_1] The German energy company EWE and its subsidiary swb AG have awarded the contract for the construction of an electrolysis plant for decarbonization of the ArcelorMittal steelworks in Bremen to the APEX Group in Rostock/Laage. The project name HyBit stands for “Hydrogen for Bremen’s industrial transformation” and marks the start of the decarbonization of

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Compleo and Network Rail equip train stations with EV charge points

[ad_1] Network Rail, which owns and operates most of the UK’s railway network, is installing new electric vehicle (EV) charging points at railway station car parks. The company is aiming to equip 10% of its car parking spaces, about 780 bays, by March 2024. The charging points, powered by renewable energy, provide enough power to

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