Aptera (SEV) now says it needs $25M to start production, stock drops 15%

Aptera (SEV) now says it needs only about $25 million to start production of its Solar EV, down from the $40 to $45 million it quoted just seven weeks ago.

It’s good news on paper. But the market didn’t buy it: Aptera’s stock fell about 15% on the announcement, leaving the solar car startup with a market cap of roughly $69 million.

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E-quipment highlight: 16-tonne Hyundai 160B-X battery-electric forklift

A fresh batch of battery-electric forklift reveals from Hyundai completes the brand’s heavy forklift range, allowing Hyundai dealers to confidently offer a high-voltage electric counterbalance forklift in 4-to-18 tonne capacities, extending electric forklift availability into applications traditionally reserved for big, diesel-powered trucks.

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A gas utility is picking up the upfront tab for geothermal

Geothermal’s upfront cost can be a dealbreaker for affordable housing. A Vermont gas utility is helping get past that hurdle by paying for the underground infrastructure at a new development.

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Gazelle just made its premium electric bikes a lot more affordable

Gazelle has spent much of its recent e-bike development pushing its premium Ultimate platform toward faster Class 3 commuters, but now the Dutch bicycle maker is filling out the other side of the family.

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NIO (NIO) Q3 deliveries rise 25%, but September growth slows to 7.7%

NIO delivered 109,178 electric vehicles in the third quarter of 2026, a 25.4% increase over last year and right inside the 108,000 to 111,000 range it guided for in September.

But the quarter ended on a weak note. September deliveries grew just 7.7% year-over-year to 37,408 units, the slowest pace of 2026, as the ONVO brand fell 43%.

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Tesla upgrades China Model 3 with 16-inch screen and V2L, US left out

Tesla China is upgrading every Model 3 it sells with a larger 16-inch touchscreen and a new light gray interior option, and it’s turning on up to 2.2 kW of AC power export across its entire Model 3 and Model Y lineup in the country.

The US Model 3 gets none of it. Tesla’s American Model 3 still has a 15.4-inch display, and it’s shut out of the vehicle-to-load feature Tesla launched stateside in August.

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Ford’s $30,000 Fathom EV pickup production launch faces uncertainty

The Ford Fathom is expected to go on sale in early 2027, starting at $28,350. Ford CEO Jim Farley admitted, “It’s going to be a heck of an effort to launch this at scale, at cost, on time.”

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Commercial EVs take off as Workhorse announces fresh, 200 truck order

Commercial delivery operator Gateway Fleets ordered 100 medium-duty electric box vans from Workhorse earlier this year. That experiment seems to be going well, because the company just ordered 200 more.

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Chicago Metra calls its new battery-electric locomotive a first of its kind

Metra’s diesel-engined commuter trains are familiar sights in and around Chicago, and so is the smell of spent diesel that surrounds them – but a new battery-electric FLIRT locomotive from Stadler is about to change all that, and it’s set to arrive this week.

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Toyota dropped a 1,675 lb caravan on its electric truck, and it drove off unfazed [Video]

Toyota tried crushing its new electric truck with a 1,675-pound caravan to prove it’s still “the world’s toughest pick-up,” and it drove off as if nothing had happened.

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