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Startup vehicle maker Aptera said it has begun production-intent builds on the body for its three-wheel solar EV, although the timeline for actual deliveries might not be quite as bright as it sounds In a video address accompanying the update, CEO Steve Fambro noted that Aptera chose Italy’s CPC Group for its “incredible ability” to stand up a carbon-fiber body production line in as little as nine months after reaching funding goals. Then it said something surprising: It’s still not there. “The start of production for Launch Edition vehicles requires additional capital, and we plan to share delivery timeline details…
Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News! The US solar industry is riding high on a banner year for new capacity in 2023, at the record-breaking pace of 32.4 gigawatts. The skyrocketing trajectory could come to a screeching halt if new county-based restrictions keep piling up. However, pressure from solar-friendly landowners could keep the momentum going, and help is coming from deep in the heart of coal country. Some US Counties Are Hating On The US Solar Industry… Local county governments are the key to solar industry growth in the US,…
The Denza D9 MPV continues to be offered in hybrid and pure electric versions, with starting prices lowered by RMB 10,000 and RMB 16,000, respectively. (Image credit: Denza) BYD’s (HKG: 1211, OTCMKTS: BYDDY) premium Denza brand has updated its D9 MPV (Multi-Purpose Vehicle), offering lower prices while upgrading specifications. Denza officially launched the 2024 D9 at an event today, continuing to offer the D9 DM-i with BYD’s hybrid technology and the all-electric D9 EV. The Denza D9 DM-i offers five options with starting prices of RMB 339,800, RMB 359,800, RMB 389,800, RMB 409,800 and RMB 449,800. The D9 EV offers…
Xpeng reportedly asks dealers to stock up on inventory as it begins to rely more on traditional sales model
Xpeng is asking dealers to purchase vehicles for half of their target sales each month, rather than requiring them to purchase the entirety of their target sales as traditional brands do, according to local media. (Image credit: CnEVPost) Xpeng (NYSE: XPEV) is reportedly asking its dealers to stock up on inventory as it begins to rely more on the traditional carmaker’s sales model to increase volume. The electric vehicle (EV) maker recently began asking dealers to stockpile inventory, with several dealers saying they have to purchase half of their targeted sales of vehicles from Xpeng each month, according to a…
Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News! A writer recently pointed out that Elon Musk promised five years ago that Tesla vehicles would appreciate in value, and they have not. At first, I was thinking, “Well, it’s a bit early to cover this,” but then I realized, it really isn’t. When I bought my Tesla Model 3 SR+ with Full Self Driving (FSD) in mid-2019, one of the reasons was that I wanted to jump into owning a Tesla with FSD before it was too late, before Tesla made too much…
The number of shares BYD plans to buy back is about 0.05 percent of its total issued share capital and will be used for cancellation to reduce registered capital. BYD (HKG: 1211, OTCMKTS: BYDDY) will buy back RMB 400 million ($55.6 million) of its shares traded on China’s A-share market, following a significant drop in share price over the past year. The Shenzhen-listed new energy vehicle (NEV) maker announced the buyback plan in a stock exchange announcement today, saying the buyback price will not exceed RMB 270 per share. BYD rose 0.43 percent to RMB 191.65 by the close of…
Photo by Los Muertos Crew on Pexels.com The US added a record-setting 32.4 gigawatts (GW) of solar capacity in 2023, according to a new report, but 2024 will bring challenges to the industry. March 5, 2024: That’s a 37% increase from the previous record set in 2021 and a 51% increase from 2022. It’s the first time in 80 years that a renewable electricity source has accounted for over half of annual capacity additions to the grid. According to the US Solar Market Insight 2023 Year-in-Review released today by the Solar Energy Industries Association (SEIA) and Wood Mackenzie, solar accounts…
BYD has launched an updated version of the Seagull, lowering the starting price to RMB 69,800, or about $9,700. (Image credit: BYD) BYD (HKG: 1211, OTCMKTS: BYDDY) has rolled out an updated version of the Seagull, lowering the price of its least expensive model even further in its latest round of model updates. The new energy vehicle (NEV) maker today launched the Seagull’s Glory Edition at a starting price of RMB 69,800 ($9,700), down RMB 4,000, or 5.42 percent, from the previous starting price of RMB 73,800. BYD launched its latest round of model updates on February 19 with the…
Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News! It’s highly ironic — electric vehicles are much safer than gasoline-powered vehicles, yet there’s constant media coverage hyping up the opposite idea (that electric vehicles are not safe). Thus, there’s great public concern over the safety of electric vehicles (EVs), especially their batteries. While there are some issues to be aware of and careful about when it comes to EVs, this core point should be emphasized much more in order to help raise consumer awareness and help consumers make better choices: electric vehicles are…
Volvo Cars USA reports that its car sales in the United States amounted to 7,920 in February, down 7.4% year-over-year. Meanwhile, Volvo’s plug-in electric car sales improved slightly last month, but that’s only thanks to plug-in hybrids. All-electric car sales decreased massively, similar to what happened in January. Get Fully Charged Volvo electrification hit a new record in 2023 In 2023, Volvo sold in the U.S., a record number of over 35,000 plug-in electric cars (up 28% year-over-year), including a record number of 13,609 all-electric cars (up 86% year-over-year). Between 2023 and 2030, the brand’s BEV share is expected to…