EV maker Rivian’s stock is plummeting Thursday after revealing plans to issue $1.5 billion in convertible debt. In connection with the offering, Rivian also released preliminary third-quarter revenue.
The post Here’s why Rivian (RIVN) stock is plummeting today appeared first on Electrek.
Light eVTOL developer Opener.aero has announced it has changed its company name to Pivotal, following the debut of first scalable production aircraft, Helix. Despite the new nomenclature, Pivotal will continue business as usual as it looks to open order for the Helix eVTOLs very soon.
The post eVTOL developer Opener rebrands as Pivotal, unveils production-ready Helix aircraft appeared first on Electrek.
Here at Electrek we have spent countless hours undertaking detailed hands-on testing of hundreds of electric bikes. Through those thousands of miles of riding, we’ve gotten to know these e-bikes inside and out, top to bottom and front to back. That dedication to real world e-bike testing has helped us find the best electric bicycles on the market for just about any budget.
Below you’ll find some of the top e-bikes we’ve hand-tested for every price range, current as of October 2023. Fall weather is a great time to get in your exercise or outdoor fun without over-exerting yourself. Check out the awesome e-bikes below, any one of which could become your next electric bike.
The post Here are the best electric bikes you can buy at every price level in October 2023 appeared first on Electrek.
Volvo’s fully electric vehicles are trending as sales rose by double-digits in every region in September. In the US, Volvo EV sales increased 631% as the automaker finds its rhythm.
The post Volvo sees higher demand for EVs as fully electric sales hit 15% share mark appeared first on Electrek.
California-based EV automaker Karma Automotive is looking to claw itself back from irrelevance in a fast-paced industry that has hockey-sticked upward in innovation without it. Following an aggressive strategy under a new president, Karma intends to introduce an entirely new EV portfolio next month, including its first super coupe. Here’s what we know so far.
The post Karma reemerges from obscurity, teasing world debut of an entirely new EV portfolio coming in 2024 appeared first on Electrek.
California-based EV automaker Karma Automotive is looking to claw itself back from irrelevance in a fast-paced industry that has hockey-sticked upward in innovation without it. Following an aggressive strategy under a new president, Karma intends to introduce an entirely new EV portfolio next month, including its first super coupe. Here’s what we know so far.
The post Karma reemerges from obscurity, teasing world debut of an entirely new EV portfolio coming in 2024 appeared first on Electrek.
Light eVTOL developer Opener.aero has announced it has changed its company name to Pivotal, following the debut of first scalable production aircraft, Helix. Despite the new nomenclature, Pivotal will continue business as usual as it looks to open order for the Helix eVTOLs very soon.
The post eVTOL developer Opener rebrands as Pivotal, unveils production-ready Helix aircraft appeared first on Electrek.
EV maker Rivian’s stock is plummeting Thursday after revealing plans to issue $1.5 billion in convertible debt. In connection with the offering, Rivian also released preliminary third-quarter revenue.
The post Here’s why Rivian (RIVN) stock is plummeting today appeared first on Electrek.
It’s been nearly a two-year journey since XPeng Motors originally announced its mid-sized luxury SUV, the G9 – a model born into expectations from its creators as a potential best seller in its respective segment. I recently found myself on a tour through Europe that included the Netherlands and thought, “The G9 recently arrived here, why not ask XPeng for a loaner to tour the countryside in?” Luckily XPeng obliged, and I got a the full helping on the G9 I so desired. I was not disappointed.
The post First drive in XPeng Motors’ G9: It’s a shame this SUV isn’t sold in the US, because it’s a winner appeared first on Electrek.
It’s been nearly a two-year journey since XPeng Motors originally announced its mid-sized luxury SUV, the G9 – a model born into expectations from its creators as a potential best seller in its respective segment. I recently found myself on a tour through Europe that included the Netherlands and thought, “The G9 recently arrived here, why not ask XPeng for a loaner to tour the countryside in?” Luckily XPeng obliged, and I got a the full helping on the G9 I so desired. I was not disappointed.
The post First drive in XPeng Motors’ G9: It’s a shame this SUV isn’t sold in the US, because it’s a winner appeared first on Electrek.