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Month: December 2022

Tesla stock to close out worst year ever with a 65% loss in 2022, wiping out more than $700 billion in market cap – Autoblog

Elon Musk. Carina Johansen/Getty Images Tesla stock is on pace for its worst year on record as trading in 2022 comes to a close.  Shares have lost about 65% from the start of the year.  CEO Elon Musk has faced pressure from investors over his preoccupation with Twitter.  Tesla stock ticked up Friday, the last …

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Lucid Air interface improvement, Rivian drive units, Nio EC7: Today’s Car News

Rivian takes a look at the building blocks for its upcoming dual-motor electric trucks. Nio might have the most aerodynamic SUV ever. And we look at Lucid’s interface, and its continuous improvement, up close. This and more, here at Green Car Reports.  The Lucid Air remains the technology leader among EVs, with astonishing range, power, …

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2022 was the year automakers figured out how to make electric cars really work – Autoblog

Even with negative undertones, this year was pivotal for the auto industry’s $515 billion push to leave the internal-combustion engine behind. Nora Naughton 2022 was a pivotal year for the auto industry’s $500 billion transition to electric vehicles. Despite auto execs losing faith in electrification, they learned a lot about how to make EVs work. …

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These robots crawl all over wind turbines so humans don’t have to

Aerones uses robots to repair, inspect, clean, and ice-proof wind turbines, and the Latvia-based startup just raised $38.9 million in funding. TechCrunch reported that the funding was raised this month “from dozens of undisclosed investors.” And according to its SEC filing, it looks as though Aerones is hoping to bring in another $2.5 million. The …

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Polestar (PSNY) just hit a major electric vehicle delivery goal in the nick of time

Polestar (PSNY) has been executing all year, and according to CEO Thomas Ingenlath, the hard work is paying off – the company just surpassed its electric vehicle delivery goal for 2022. Polestar hits 50,000 electric vehicle delivery goal If you’re seeing more Polestar EVs on the road, it’s not just you. The automaker has been …

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