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BYD has entered 19 European countries since announcing its entry into the European passenger car market at the Paris auto show in 2022. https://img.cnevpost.com/2023/10/19134423/2023101905442374.mp3 (Image credit: BYD) BYD (OTCMKTS: BYDDY) entered the passenger car market in Hungary, launching three all-electric models there. BYD launched three all-electric models, the Dolphin, Seal and Atto 3, in Hungary on October 17, and two stores in the capital Budapest will officially open on October 19, the Chinese new energy vehicle (NEV) maker announced yesterday. As it does in other markets, BYD is partnering with local dealers to sell cars in Hungary. Together with local…
Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News! Biden-Harris Administration Announces $3.5 Billion for Largest Ever Investment in America’s Electric Grid, Deploying More Clean Energy, Lowering Costs, and Creating Union Jobs LOCUST GROVE, GEORGIA — As part of President Biden’s Investing in America agenda, a key pillar of Bidenomics, White House Infrastructure Implementation Coordinator Mitch Landrieu and Secretary of Energy Jennifer M. Granholm today announced $3.46 billion for 58 projects across 44 states to strengthen electric grid resilience and reliability across America. Funded by the President’s Bipartisan Infrastructure Law, these projects will leverage…
Both versions of the new Model 3 now have an estimated wait time of 6-9 weeks in China. https://img.cnevpost.com/2023/10/19112308/2023101903230869.mp3 (Image from Tesla China Weibo) Tesla (NASDAQ: TSLA) has begun formal sales of the new Model 3 in China, at the same prices as the pre-sale announced last month. Sales of the new Model 3 officially began today in China, with test drive vehicles available in showrooms and first deliveries starting at the end of this month, Tesla said on Weibo. Tesla is offering two versions of the sedan — a rear-wheel-drive version and a dual-motor all-wheel-drive version — with starting…
Solar giant Qcells announced today that it’s completed the expansion of its Dalton, Georgia, factory – what it calls the “largest manufacturing plant of its kind in the western hemisphere.” It’s also the first solar panel factory to be built since the passage of the Inflation Reduction Act. Qcells has added 2 gigawatts (GW) of solar capacity to its Dalton factory, bringing its full output to more than 5.1 GW. This is the third time the factory has expanded after opening in 2019. Two new solar products will be assembled there: the Q.TRON G2 residential solar panel and a bifacial panel for the utility market. Dalton is going to make…
In its Q3 financial report, Tesla displayed an interesting map of the United States with Model Y starting prices when deducting national and state-level subsidies. The main nationwide incentive is the $7,500 federal tax credit, for which the Tesla Model Y qualifies. In the case of particular states, another few thousand dollars could be saved. The manufacturers note that not all consumers are eligible for all subsidies, so let’s treat the numbers as potential figures. The new entry-level Tesla Model Y RWD starts at an MSRP of $43,990, while the Long Range AWD and Performance versions recently become slightly more…
He didn’t use the words “Production Hell,” specifically. But when you hear Tesla CEO Elon Musk talk about the Cybertruck at today’s Q3 2023 earnings call, you almost get the same vibes. Musk opened today’s call by not only announcing the company’s latest financial results – which saw its 16th consecutively profitable quarter dampened by price cuts and factory downtime – but also being circumspect about its new stainless-steel EV pickup truck. “I just want to temper expectations for Cybertruck,” Musk said. “It’s a great product, but financially, it will take a year to 18 months before it is a…
Kia is introducing a new trim level on the 2024 EV6 that will aim to strike the much sought-after balance between range and affordability. According to new order guide data originally seen by Cars Direct, a pair of new EV6 Light Long Range trims – rear-wheel drive and all-wheel drive – will reduce the price of the Kia EV6 fitted with the bigger 77.4-kilowatt-hour battery by up to $2,750. A Kia America spokesman then confirmed this information is accurate to InsideEVs. And it’s going to be good news for buyers. Slotting between the EV6’s Light and Wind trims, the 2024 Kia EV6…
Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News! The world’s first off-road solar car, Stella Terra, operates more efficiently than initially calculated with a range of approximately 550 kilometers, depending on the terrain. Stella Terra, here on a roadtrip through Morocco, is the world’s first off-road solar-powered car. Developed by the student team Solar Team Eindhoven, Stella Terra is the first solar car that is robust and efficient enough to go off the beaten path. With this, the students take another step towards a sustainable future, inspiring both society and the current…
The Kia EV6 offers its longest-range version for less money. BMW, Mini, and Rolls-Royce drivers will soon get Tesla Supercharger access. And GM slows the production ramp of its electric trucks by a year. This and more, here at Green Car Reports Scaled-up production of the Chevrolet Silverado EV and GMC Sierra EV has been delayed by a whole year, GM announced Tuesday. The company’s Orion Assembly plant in Michigan, set for that volume production but currently building the Chevy Bolt EV, won’t get any extension to build more of those efficient small electric cars, though. Drivers of BMW, Mini,…
After revealing plans to issue another $1.5 billion in convertible debt, concerns about Rivian’s (RIVN) financial health have risen. The EV maker’s CEO, RJ Scaringe, explained that the debt offering creates an additional buffer rather than reflecting concerns over cash. Rivian revealed in an 8K filing earlier this month that it plans to offer $1.5 billion in green convertible senior notes. The debt offering comes after a $1.3 billion capital raise in March. The fundraising caused Rivian shares to plummet as investors questioned the EV maker’s financial health. A day before the announcement, Scaringe told CNBC’s Squawk Box that Rivian…