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The electric car market is dominated byTesla, even though Volkswagen Group is still the best-selling automaker. Volkswagen has plans in place to take over from Musk's company as the leader in EV sales in the U.S.
Bryan Logan is a Business Insider.
The SOLO EV can travel 100 miles on a full charge.
It's a one-seater with three wheels, but it has creature comforts of a full-sized vehicle.
It's a great ride to drive around town, and can take you a long way.
I've been thinking about choices. There's no shortage of options when you're shopping for a car in the US. There is an overabundance of SUVs and four-door sedans, as well as a supply chain crisis and a chip shortage.
I wonder if it's worth it to have four wheels and empty seats on the road. Is there an in-between car for when I just need to run an errand, pick up food, or drive solo? I could plug that in-between car into a wall outlet in my garage.
When I got the keys to the SOLO EV, I had a few weeks to think about those questions.
Bryan Logan is a Business Insider.
Let's get the obvious out of the way: the SOLO EV looks quirky. People stopped to take pictures of it in the driveway. One person asked where the rest of it was.
Bryan Logan is a Business Insider.
I wanted to drive more when I was in Los Angeles during the warm early days of fall. The comfortable seat, air-conditioning, and audio made the SOLO EV feel like a rocket. It's easy to get to an 80 mile-per-hour top speed.
"We've been working to really, truly tune into the personal transportation needs of our customers." Kevin Pavlov is the CEO of ElectraMeccanica. He and the company's chief financial officer, Bal Bhullar, sat down with me at an October delivery event where early reservation holders drove away in their own SOLO EV.
Who needs a one-seater electric car? It's a valid question. There is a sizable market for the SOLO, be it as a fleet vehicle for last-mile deliveries, or for college campuses, according to Pavlov. He said that the market will keep telling them where the niches go and that will give them time to make more personalized answers.
Bryan Logan is a Business Insider.
We're in the early aughts of an automotive revolution. Government plans to phase out internal combustion engines over the next decade are helping to make battery electric vehicles more popular. There are now dozens of electric cars available, and many more in the works. They're also getting less expensive. The SOLO EV can be had for $18,500.
The talk about range anxiety in the early days of the electric car is over now. Electric vehicles can travel 200 miles on a full charge.
Range anxiety is not important.
I wondered how far I could go with the SOLO EV after a few short trips. 100 miles is more than enough for most drivers, who will mostly use this for short commute and jaunts around town.
Some people will drive 10 miles, some will go 30 miles. Some people want to drive it. Some will drive this car to find themselves.
I had an idea at that point. I thought about the first car review I did for Business Insider when I drove the new Volvo XC90 from LA to San Francisco on one tank of gas, thinking I'd try for a long trip in the SOLO EV. To prove that range anxiety is not worth it.
I was going to take the SOLO eastward from LA to the high desert.
99% charge at the start of the trip.
Bryan Logan is a Business Insider.
The electric three-wheeler proved to be a fun, capable and versatile ride. I was in the desert with my battery-powered coach and A/C flowing.
I had 26 miles of range to spare and pulled up to a drive-treak for lunch.
Bryan Logan is a Business Insider.
The ChargePoint location I was going to visit was three miles away.
Bryan Logan is a Business Insider.
I walked away to enjoy my lunch and visit with my family. The SOLO EV had regained most of its battery charge, more than enough for a 75-mile trip back home, after I returned more than two hours later.
Bryan Logan is a Business Insider.
Driving is minimalist.
It's nice to slip into something that's anti-all of that in a world of automobiles that seem larger and faster than ever. The SOLO EV is large enough for my frame, and quick enough to go past gasoline-powered vehicles from a stop, thanks to the instant Torque you get from the electric motor.
Bryan Logan is a Business Insider.
Maybe that idea of "just enough" is suitable for this segment of the micromobility space. If it helps preserve the environment, that's all the better.
Business Insider has an original article.
Ford and Rivian won't work together on electric vehicles. That isn't a big surprise, but the news may leave investors wondering why.
The 3.0-liter Duramax diesel six- cylinder engine was not available in August of 2021. The straight-six is back on the assembly line at theFlint Engine Plant in Michigan, according to sources inside General GM. There's no official word on what the problem was related to or if it was related to the chip shortage that'swreaking havoc across the automotive industry.
Consumer Reports ranked the brands you can buy. It was next to last because of subpar scores from its SUVs.
The Rivian automotive hype train has cooled off a little as the share prices of America's second-largest automaker by market cap are down over 25% from their high. Both QuantumScape and ChargePoint have footholds in their respective niches of the EV industry, with a fair share of growth prospects of their own. Investing can be about perspective when looking into speculative names that have to grow into current valuations.
Electric vehicles are not as green as you might think, and they can only be part of the solution to climate change.
Researchers say the new cable accommodates almost five times the current of the best Superchargers.
Before the holiday frenzy, there are supply chain issues to be had.
The Five SUV has an estimated range of over 300 miles. It's expected to start shipping in the year 2041.
Ford formed an alliance with a chip maker.
Increasing frequencies of deep discounts on Apple devices have been happening recently. It makes sense since Black Friday is around the corner. There are many great Apple deals at the nation's top online retailers. Apple Black Friday deals have begun early with prices so low.
The developer of a $1 billion electric transmission line in Maine is suspending construction after the governor certified election results that were opposed to the project. New England Clean Energy Connect was urged by the governor to stop construction until legal challenges are resolved. Thorn Dickinson, president and CEO of NECEC, said that work will be temporarily halted until a judge rules on a request for a preliminary injunction in the lawsuit.
The world's first fully electric cargo vessel was unveiled in Norway, a small but promising step towards reducing the maritime industry's climate footprint.
A new study says that a powerful exascale supercomputer in China has made a huge increase in its artificial intelligence performance. The New Generation Sunway supercomputer was aided by a breakthrough in memory management technology that increased the amount of data it could handle by 75,839-fold. The over.
The market was surprised by General Electric's announcement that it planned to separate into three companies. When it's broken up, the parts should trade at higher valuation multiples than their implied valuation, according to that thinking. The purpose of the break up is to allow the businesses to be run with greater focus and have capital structures tailored to their own unique strategies and industry dynamics, as CEO Larry Culp put it in the investor update.
There is a new launch company that is able to count itself among the small group that has reached space. The rocket startup took off from its launch site in Alaska at 1 AM local time on Friday. The rocket got off to a rocky start, with a brief hover and sideways strafe movement just after liftoff, but it was the follow-up to its last attempt that ended in failure.
Rivian is worth more than Ford's 118-year-old Michigan car company because it went public on Nov. 10. The break was revealed in a story published Friday. Ford scrapped a plan to build a new Lincoln from Rivian's EV hardware.
There's a less sinister reason why US gas prices are rising than the Federal Trade Commission will investigate.
The path to a green future for electric vehicle owners is easier in some cities than others.
These chances are rare, so make sure you get all of the money you're owed.
Potential General Electric Company shareholders may wish to note that the Independent Director is Paula G...
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