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Last week, General Motors and Ford announced they are pushing back spending on electric vehicles, citing slowing demand for BEVs and the EV price war initiated by Tesla at the start of the year. But it looks like Detroit’s biggest automakers aren’t the only ones adopting a more cautious approach to EVs. Hertz executives were downbeat on electric vehicles as well on the company’s Q3 earnings call, announcing that the rental car giant is slowing down the pace by which it adds EVs to its fleet. Two years ago, Hertz pledged to order 100,000 Tesla EVs by the end of 2022.…

Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News! We’re two years into the Volvo VNR Electric leading the way in zero emissions trucking, with the company on track to put 300,000 such trucks into operation in the coming years. It’s safe to say, then, that electric semi trucks aren’t coming soon. They’re already here, and the scope of heavy electric vehicle applications is growing from city and school buses to refuse and drayage trucks to true over-the-road semi tractors. As such, manufacturers are going to have to play a larger battery production,…

With exactly one month left until the much-awaited Tesla Cybertruck delivery event happens – at least according to the latest information from the Elon Musk-led EV maker – there’s still a fair bit we don’t know about the angular electric pickup. Simple things like how big it is, how powerful it is, or how much range it will have. But until we get our hands on that information (probably after November 30), a new video popped up on social media that gives us a first-person view of the truck’s bed, including how the powered tonneau cover works. Embedded below, the…

A concept EV challenges the notion that electric cars need four wheels, or even three. Hertz backs away from its ambitious EV plans. One company pushes ahead with plans for U.S.-made solid-state cells. And Chevrolet Bolt EV owners have a new option to remedy their battery and their wallet. This and more, here at Green Car Reports.  The 2020-2022 Chevy Bolt EV battery recall has evolved, and owners now face a new choice as part of a class-action lawsuit settlement and GM’s battery recall effort affecting these cars. If they install diagnostic software temporarily limiting their car to 80% of…

The rental giant Hertz hit the brakes last week on its rapid shift to electric vehicles—from Tesla, particularly—citing the high cost of EV collision repair of these vehicles.  The company’s CEO, Stephen Scherr, confirmed the company’s reasons behind the move during its third-quarter earnings call on Thursday, with the news first reported by CNBC. Maintenance on EVs remained lower than that of comparable ICE vehicles, Scherr explained, but that did little to offset the cost of fixing the cosmetic repairs and fender-benders that are figured into the company’s financials. “For context, collision and damage repairs on an EV can often…

Factorial Energy recently announced the opening of a new manufacturing facility it claims is the largest thus far in the U.S. for solid-state batteries—although there’s not yet a timeline for scaled-up production. Located in the Boston suburb of Methuen, Massachusetts, near Factorial’s existing headquarters and R&D center, the $50 million facility “will accommodate up to a 200 MWh assembly line,” according to a Factorial press release. Factorial Energy 40-amp-hour solid-state battery The battery cells produced on that assembly line are expected to deliver a 30% boost in energy density, in addition to various other advantages like faster charging and better…

At the current stage, Baolong and Nio will cooperate on products including air springs, wheel speed sensors, and optical rain sensors. https://img.cnevpost.com/2023/10/30203839/2023103012383968.mp3 (Image credit: Shanghai Baolong Automotive Corporation) Nio (NYSE: NIO) and Shanghai Baolong Automotive Corporation, a local auto parts supplier, have signed a cooperation agreement to work together in areas including air suspension. Shanghai-listed Baolong said in a stock exchange announcement today that it recently signed a strategic cooperation agreement with Nio at the electric vehicle (EV) maker’s China headquarters in Hefei, Anhui province. The signing ceremony was attended by executives from both companies, including Shen Feng, Nio’s executive…

General Motors is offering 2020-2022 Chevrolet Bolt EV and EUV owners an early $1,400 payment for a class-action lawsuit settlement over the recalled EVs in exchange for installing diagnostic software the automaker plans to use to determine if cars need new battery packs. First reported by Electrek, the payment offer is the latest development in a saga that has seen GM recall all Bolt EV models and temporarily halt production over defective battery cells from supplier LG that were found to be a fire risk. GM confirmed the offer to Green Car Reports. 2022 Chevrolet Bolt EV “GM is announcing…

BYD reported a record net profit of RMB 10.41 billion in the third quarter, up 52.59 percent from the second quarter. Gross margin for the third quarter was 22.12 percent, a record high since the third quarter of 2020. https://img.cnevpost.com/2023/10/30204343/2023103012434242.mp3 BYD (OTCMKTS: BYDDY) saw strong profit growth in the third quarter, as it continues to solidify its position as China’s largest new energy vehicle (NEV) maker. BYD reported record revenue of RMB 162.15 billion in the third quarter, up 38.49 percent year-on-year and up 39.76 percent from the second quarter, according to its earnings report released today. The company reported…

Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News! The auto industry’s thirst for 3D-printed car parts is heating up, and the latest development is a doozy. The US startup Seurat Technologies has just closed a $99 million Series C funding round for its new 3D-printed metal technology with new investor Honda on board. Returning for the Series C round are other automakers and suppliers including Porsche, Denso, and the Ventures arm of General Motors. $99 Million For 3D-Printed Metal Car Parts The $99 million in Series C funding for Seurat is a…