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November 2, 2023
News direct to your inbox and read in 5 minutes or less. Today we have news on Rivian, Hyundai, Cybertruck vs. an Arrow, Mercedes, and so much more.
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Top 10ish News Stories Powered by EV.Careers
The 2.8 megawatt wind turbine at Rivian's Normal facility is now operational and expected to produce 10 million kilowatt-hours of electricity per year.
Peak EV Solutions, a Denver-based company focused on home EV charger installations, announces its expansion to Austin and San Antonio, Texas, with its network of certified and experienced electricians.
In October 2023, Hyundai Motor reported global sales of 377,986 units, marking a 9.6% increase year-over-year, with a notable achievement of selling nearly 18,000 electric vehicle units.
Expanding its battery capacity in the U.S., Toyota is investing an additional $8 billion in its North Carolina battery manufacturing plant, adding 3,000 new jobs, and increasing its total outlay to $13.9 billion to create 30 GWh annually by 2030.
While the EQS sedan aims to be Mercedes' electric flagship but feels somewhat alien, the 2023 Mercedes-Benz S580e plug-in hybrid combines tradition and innovation with a generous electric range, quick recharging, and a luxurious cabin, offering a more compelling option.
According to a report by Allied Market Research, the global secondary battery market generated $96.7 billion in 2022 and is projected to reach $261.8 billion by 2032.
The 2024 Mercedes-Maybach EQS SUV, the first all-electric model from the Maybach brand, combines luxury, technology, and sustainability, offering an extensive range of features, a quiet and lavish cabin, a high-performance plug-in hybrid powertrain, and exclusive design elements, with prices starting at $179,900.
XPeng Inc. achieved a record monthly delivery of 20,002 Smart EVs in October 2023, reflecting a 31% increase over the previous month and a remarkable 292% increase year-over-year, while also announcing its plans for the expansion of advanced driver assistance systems and unveiling the XPENG X9, a 7-seater MPV with futuristic design.
Stellantis is planning to invest approximately $1.8 billion to acquire around 20% of Leapmotor, a fast-growing Chinese pure-play new energy vehicle tech leader, forming the Leapmotor International joint venture, aimed at expanding global sales of Leapmotor's EV products and capitalizing on Stellantis' global commercial presence.
Initiating domestic LFP battery cell production in Michigan, ONE aims to establish a U.S. LFP battery industry, reducing reliance on nickel and cobalt while meeting automaker requirements for range, safety, and a local supply chain.
My Wind Take
I’ve driven through Kansas a few times and always remember seeing the fields of wind turbines. From a distance, they look small. In reality, they are huge. Some wind turbines have blades of around 150’ long and stand at a monstrous 200’+.
The Rivian wind turbine in Normal is expected to produce 10 million kWh of electricity per year. To put that into perspective, the average home uses around 10,632 kWh per year. If my math is correct, that’s enough power for 940 houses a year. You could also charge 150,000 EVs every year. From the wind.
Who knew the wind was so cool?
Electric RV
*If you’re using Outlook, click “Read Online” at the top to see the video links above.
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