Study reveals 43% of non-electric drivers considering EV for their next car

A survey from Accenture has indicated that more than half of drivers in several key automotive markets will likely go for an electric vehicle within the coming decade. A good portion of non-EV drivers today are also considering an electric car for their next purchase.  As noted by Accenture, its survey involves 6,000 car buyers […]

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Stellantis signs binding agreement for synthetic graphite

Stellantis signed a binding agreement with NOVONIX for synthetic graphite material. As per the agreement, NOVONIX aims to provide a minimum of 86,250 tonnes up to a target volume of 115,000 tonnes of synthetic graphite material between 2026 and 2031.  “We are excited to have Stellantis’ commitment, now as our largest customer, to support their […]

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SwitchedOn Podcast: Breaking even on solar, storage and two Teslas in under nine years

Rosemary Grundy is on a mission to demonstrate that going renewable and electric is not only good for the climate, but makes financial sense.

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Waymo valued at over $45 billion following latest financing round: report

Alphabet’s self-driving robotaxi unit, Waymo, was reportedly valued at over $45 billion following its latest round of financing. The initial report about Waymo’s alleged updated valuation was posted by Bloomberg News, which cited people reportedly familiar with the matter.  In a previous blog post, Waymo announced that it closed an oversubscribed investment round of $5.6 […]

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Adapt or disappear: Energy retailers must cater to consumers if they want to survive

A leading UK tech company provides a platform that gives consumers incentives to help balance their use of green electricity when it’s abundant and when it’s not.

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Consumer Reports survey shows 50% of Americans want to test drive EVs

A recent survey from Consumer Reports has revealed that at least half of all prospective car buyers in the United States are interested in test driving a battery electric vehicle when shopping for their next car. This was true even for those who were not necessarily looking to purchase an EV in the immediate future.  […]

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Chinese automakers asked to pause expansion in Europe

The Chinese government has reportedly asked local automakers to pause expansion plans in Europe due to the European Union’s import tariffs on electric vehicles (EVs) from China.  According to people familiar with the matter, the Chinese government told local automakers to pause active searches for production sites in Europe and the signing of new deals […]

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BYD Shark 6 falls short on payload & towing capacity in Australia

The BYD Shark 6 falls short on payload and towing, compared to other Australian competitors like the Ford Ranger and Toyota HiLux. However, the Chinese automaker doesn’t believe it will affect sales in Australia. BYD’s plug-in ute falls short of the segment standard 3500 kg braked towing capacity, reported Drive. Australian car sales in 2022 […]

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Polestar sees 14% delivery decline in Q3 despite addition of more models

Polestar’s Q3 2024 results have revealed that the automaker saw a 14% drop in vehicle deliveries in the third quarter. This was despite Polestar offering new models in its lineup for consumers.  As noted by Polestar in a press release, it was able to hand over 11,900 vehicles to consumers in the third quarter of […]

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Fisker under investigation by SEC, has received multiple subpoenas: filing

Fisker Inc. is currently under investigation by the U.S. Securities and Exchange Commission, and it has received multiple subpoenas as part of the regulator’s probe. The investigation was confirmed in a filing from the SEC on Friday. Fisker filed for Chapter 11 bankruptcy protection back in June. At the time, Fisker was also struggling to […]

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