What the Build Back Better plan means for EV consumers

build back better ev

This past Friday, the US House of Representatives passed President Joe Biden’s $1.9 trillion “Build Back Better” legislation. It will now be sent to the Senate for continued negotiations. Here’s a breakdown of how the proposed bill would affect the EV consumer market. The Good The Build Back Better plan would mark the largest investment …

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Porsche unveils new Taycan GTS electric vehicle models

The Porsche Taycan GTS and Porsche Taycan GTS Sport Turismo are now available to purchase. Announced at the LA Auto Show, Porsche’s new Taycan GTS and GTS Sport Turismo are the latest additions to their electric lineup. The Taycan is the only all-electric model that Porsche currently offers, and the Turbo S variant is already …

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Estimated deliveries delayed to 2023 for base Tesla Model S, X

It’s no secret that Tesla, like the rest of the EV industry, has been struggling with supply chain problems. Now, these issues are forcing delayed delivery estimates upon the cheapest Tesla Model S and Model X configurations.  Though they found a way to reach record high deliveries last quarter, the level of demand for Tesla’s …

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Lordstown delays Endurance launch to late 2022, sells factory to Foxconn

The Lordstown Endurance has been delayed from Q2 2022 to Q3 2022 due to supply chain problems and material shortages. The company has also finalized a deal to sell Foxconn its Ohio factory for $230 million. Lordstown Motors’ journey has been tumultuous, to say the least. The Lordstown Endurance was originally expected to start production …

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Rivian debuts on the stock market, has outstanding initial public offering

Electric automaker Rivian (RIVN) went public for the first time on Wednesday morning, and its IPO results were outstanding.  The company started trading on the Nasdaq stock exchange at $78.00 a share. This price was previously announced the day before, in a Rivian newsroom post titled “Rivian announces pricing of upsized initial public offering.” Read …

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