Search Results Found For: "Tesla"

2022 Rivian R1T: A real pickup truck makes an impressive debut

Could Rivian emerge as “the next Tesla?” On the strength of its debut truck, that’s not an unreasonable question. If you want to attract attention, keeping a company in stealth mode for several years is a good way to do it. The startup carmaker Rivian was founded a decade ago by RJ Scaringe, but it… Read more »

White House releases details of EV charging infrastructure plan

The EV industry applauded the inclusion of a plan to fund charging infrastructure in the Infrastructure Investment and Jobs Act (IIJA)—now rechristened the Bipartisan Infrastructure Bill (BIB)—that President Biden signed into law in November. However, until now we didn’t know exactly what we were cheering for. Now the administration has released an EV Charging Action… Read more »

Rocsys robots help to make EV fleet charging more reliable

Originally designed with autonomous vehicles in mind, Rocsys’s robotic charging arm has attracted interest from fleet operators. Netherlands-based Rocsys makes robotic devices that allow EVs to be charged without human intervention (see the feature in our January/February 2020 issue). When we hear about robotic charging, the application that typically springs to mind is charging autonomous… Read more »

Battery startup Mitra Chem raises $20 million in Series A funding round

Mitra Future Technologies, also known as Mitra Chem, has raised $20 million in a Series A funding round led by Social Capital Holdings. The startup aims to boost the North American battery supply chain by producing an iron-based cathode. Iron-based battery chemistries have long dominated the market in China, while US and European automakers have… Read more »

Life on the farm won’t be the same with the Electric Monarch autonomous tractor

We’ve seen electric tractors before, but the Monarch Tractor features autonomous operation and data-gathering features, and the company’s marketing material promises farmers substantial annual cost savings. Considering the expansive set of features, we were (pleasantly) surprised to see that the company isn’t touting its product as “the Tesla of tractors”—despite (or because of) the fact… Read more »

Rivian becomes one of the world’s most valuable automakers—with no revenue

Are investors farsighted or foolhardy? A little of both, in our view—but there’s no question that Wall Street believes in an electric future. EV startup Rivian went public last week, raising nearly $12 billion to give the company a valuation of around $77 billion. Since then, RIVN stock has soared, making the company one of… Read more »

GM teases electric Chevy Equinox and Blazer

GM has promised to launch 30 new EV models by 2025, and the automaker teased a couple of these at the recent From Automaker to Platform Innovator event for investors. GM President Mark Reuss said that Chevrolet will launch an electrified version of the Equinox. “The Chevrolet crossover you see up here is an Equinox… Read more »

Stellantis and LG Energy Solution to build battery factory for North American EV market

Stellantis and LG Energy Solution have agreed to form a joint venture that will produce battery cells and modules for North America at a new production facility. The companies are obviously fans of EV journalist John Voelcker, who praised Ford and GM for announcing new battery facilities in a recent Car and Driver article, and… Read more »