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Rimac Technology has announced the launch of a new brand called Rimac Energy, created to “accelerate the transition toward a sustainably powered planet.” The new division says it will leverage the larger Group’s expertise in EV and battery technology to develop energy storage solutions (ESS) as well as battery-buffered fast chargers. Rimac Technology is an existing arm of the larger Rimac Group, which consists of Rimac Automobili – creator of the Nevera electric hypercar – and the Rimac Bugatti joint venture with Porsche. While the other two ventures focus on EV development and manufacturing, Rimac Technology builds batteries, converters, and other…

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Costco is currently offering an exclusive member discount on the Volvo XC40 Recharge and the C40 Recharge. It’s good for $2,500 off either premium electric SUV. Costco is no stranger to electric car discounts, and this deal is certainly worth considering. Even if you’re not yet a member, the $60 annual fee is arguably well worth the money. The Costco discount is valid from now until July 31, 2023, so you have some time to make a decision. It applies to both the 2023 and 2024 model-year versions of the electric crossovers. If you’re not yet ready to go fully…

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A Rivian R1T owner from Ohio was involved in a fender bender that ended up costing about half the price of the whole truck. Chris Apfelstadt posted his story on the Rivian Electric Vehicle Discussion page on Facebook, where he wrote that in early February he was rear-ended in his red R1T, but that the airbags didn’t deploy and that the collision happened at a relatively low speed. He exchanged insurance information with the driver that hit his truck and then got a check for $1,600 from the other driver’s insurance company for the repairs to his pickup. But as…

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The Fisker Ocean electric SUV will get swappable batteries from startup Ample by 2024, Fisker announced Tuesday. But the partnership will target fleets initially. “With today’s announcement drivers can now look forward to a combination of award-winning design and affordability in the Fisker Ocean,” a company release said, “powered by the latest battery technology, never worrying about range or charging anxiety.” California-based Ample hopes to succeed where many have failed by implementing large-scale EV battery swapping. Ample’s spin on the idea is a single modular battery design that the startup plans to adapt to different vehicles. Ample previously said its…

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Electric bikes have revolutionized the world of cycling in a way we never thought possible. With electric bicycles of today, some people are actually able to replace their cars on a near-daily basis for commuting, hauling groceries, and even taking the kids to school. With cars taking a back seat for longer, out-of-town journeys, roads are freed up, and people get more exercise. Sounds like a win-win, right? Indeed, when it comes to electric bicycles, cargo e-bikes are making bike-focused mobility better than ever. E-bike specialist Tern is one of the best in the business, with its GSD cargo e-bike…

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NIO is reportedly planning to launch two new brands soon. One will produce cheaper EVs to rival Volkswagen in Europe. The Chinese brand is confident it will achieve its target of becoming profitable in 2023. We’ve already shared that NIO has no plans to follow suit with Tesla’s price cuts, and the brand says Tesla can really influence prices in China. However, Der Spiegel recently completed a new interview with NIO CEO and founder William Li, who had more details to share. Of course, the German publication asked Li about Tesla’s price cuts, knowing NIO doesn’t intend to follow the US…

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This article comes to us courtesy of EVANNEX, which makes and sells aftermarket Tesla accessories. The opinions expressed therein are not necessarily our own at InsideEVs, nor have we been paid by EVANNEX to publish these articles. We find the company’s perspective as an aftermarket supplier of Tesla accessories interesting and are happy to share its content free of charge. Enjoy! Posted on EVANNEX on May 04, 2023, by Peter McGuthrie When looking at electric vehicles, most prospective buyers are quick to notice higher sticker prices than what they’re used to with gas cars. However, one analysis by experts shows that EV buyers could actually stand to save…

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Subaru of America reports 51,014 vehicle sales in April (up 11.5 percent year-over-year), which is the ninth consecutive month with a sales increase. During the first four months of 2023, the company sold 194,390 vehicles in the United States (9.2 percent more than a year ago). Sales of the all-new, all-electric Subaru Solterra in April amounted to 603, which is the best result so far this year and about 1.2 percent of the brand’s total volume. Of course, we would like to see a higher rate of electrification, but for the Japanese brand, it’s the early beginning. Several hundred units…

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Rimac Technology, the EV components unit of Rimac Group, has announced the launch of a new subsidiary called Rimac Energy that will produce next-generation stationary Energy Storage Systems (ESS). The entry into the stationary energy storage systems market – currently dominated by Tesla with its Megapacks – marks a major milestone for the Croatian company as it expands beyond manufacturing electric hypercars and EV technology. In a press release, the firm founded by Mate Rimac says the stationary solutions are “essential in realizing the full potential of renewable power generation and driving the decarbonization of our energy networks.” The company…

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Ford has already promised that it will be ramping up production rates for its Mustang Mach-E electric car. But earlier this week it delivered an added perk that wasn’t already anticipated: another price cut. With it, pricing drops on all of the Mustang Mach-E electric cars by as much as $3,700—factoring in a mandatory destination fee… Source link

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