The Vehicles

Rivian files for IPO at $80 billion valuation

Rivian Automotive has filed for an initial public offering and is seeking a roughly $80 billion valuation, Bloomberg reports. The Irvine, California-based EV startup has submitted its S-1 registration to the Securities and Exchange Commission, and hopes to make its IPO around the Thanksgiving holiday. Among the thundering herd of EV startups, Rivian is widely… Read more »

Fort Worth offers Rivian $440 million in incentives to build its second EV factory

Rivian, which is nearing production of its eye-catching electric pickup truck, has a factory in Normal, Illinois, and has been actively scouting sites to build a second. Now the city of Fort Worth, Texas, has approved a package of incentives to tempt the EV startup to build its next factory there. The Fort Worth City… Read more »

Bollinger announces new skateboard platforms for Class 3, 4 and 5 commercial EVs

Bollinger Motors has taken a different path than most EV startups. Its Class 3 Bollinger B1 SUV, which debuted in 2017, was designed as “a no-nonsense back-to-basics all-electric sport utility truck.” Now the company plans to add Class 4 and 5 electric platforms to its lineup. “We started from day one working on Class 3… Read more »

Volta Trucks conducts real-world trials of prototype Volta Zero

Commercial vehicle manufacturer Volta Trucks has begun engineering evaluation and development testing of the first prototype Volta Zero at automotive engineering consultancy HORIBA MIRA in Nuneaton, UK. Affectionately named Volta Minus One by development engineers, the prototype uses the proposed production-spec chassis frame and drivetrain of the finished vehicle, and will be used to test… Read more »

New analysis: 40% of the federal vehicle fleet could be cost-effectively electrified by 2025

A new report from the Electrification Coalition and Atlas Public Policy finds that 97 percent of buses and light-duty vehicles in the US federal fleet could be replaced by EVs by 2030 at a cost savings to taxpayers, and that up to 40 percent could be cost-effectively replaced by 2025. The federal government is the… Read more »

Proterra to power Taylor container handler and forklift

Commercial EV innovator Proterra (NASDAQ: PTRA) and heavy-duty equipment manufacturer Taylor Machine Works have announced a new partnership to power Taylor’s next-generation ZLC-series electric container handler and ZH-series electric forklift using Proterra’s battery technology. The two companies will collaborate on strategies to deliver charging and infrastructure solutions to help ports and other customers electrify their… Read more »

Tesla’s next vehicle: a humanoid robot?

At Tesla’s recent AI Day event, the company announced a number of new initiatives. It unveiled a new line of in-house-designed chips for its Dojo high-speed computer, which will power the next generation of Autopilot, and is now expected to be operational next year. The company also announced that new Full Self-Driving (FSD) hardware will… Read more »

Lion Electric to deploy 35 electric school buses on Prince Edward Island

The Lion Electric Company (NYSE: LEV) has received an order for 35 LionC school buses from the Canadian province of Prince Edward Island. The vehicles will join 12 LionC buses that have been serving routes in the Charlottetown area since early 2021. Lion will also provide 35 Level 2 charging stations. The purchase was partially… Read more »

Tesla’s Impact Report details environmental footprint of its products

Nowadays, many companies offer an Environmental, Social and Governance (ESG) impact report, in addition to the traditional annual report. Consistent with its mission to accelerate the world’s transition to sustainable energy, Tesla has released a 2020 Impact Report that’s thorough and detailed, describing the company’s efforts to minimize its environmental footprint across every aspect of… Read more »