News

Insurtech company Clover Health avoids stock delisting

  • August 7, 2023
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Medicare Advantage insurtech company Clover Health announced it received a notice from NASDAQ stating the company has regained compliance with the minimum bid price requirement of closing at $1 or more per share for at least 10 consecutive days.  The company said that thanks to NASDAQ’s notice, it will revisit its plans to effect a […]

GM’s BrightDrop continues North American expansion by bringing its electric vans to Mexico

  • August 7, 2023
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GM’s all-electric, last-mile delivery business BrightDrop has added a third North American territory to its coverage map – Mexico. The e-delivery specialist shared details of its latest market expansion this evening, which will soon include sales of its two all-electric vans to the South. BrightDrop was formed by GM in early 2021 to develop an ecosystem […]

Quick Charge Podcast: August 7, 2023

  • August 7, 2023
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Listen to a recap of the top stories of the day from Electrek. Quick Charge is available now on Apple Podcasts, Spotify, TuneIn and our RSS feed for Overcast and other podcast players. New episodes of Quick Charge are recorded Monday through Thursday and again on Saturday. Subscribe to our podcast in Apple Podcast or your favorite podcast player to guarantee […]

Land Rover to add mini Defender Sport electric SUV to its lineup

  • August 7, 2023
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A new mini Land Rover electric SUV is reportedly due out and could go by the name “Defender Sport.” Despite its compact size, the new EV will carry the brand’s iconic rugged, open-road mentality. According to Autocar, Jaguar Land Rover (JLR) has been tossing around the idea of a compact SUV but has yet to […]

Tesla Cybertruck spotted next to Rivian R1T for size comparison

  • August 7, 2023
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With only a few Tesla Cybertruck prototypes out there, it has rarely been spotted next to another electric pickup truck for a nice size comparison. But now we get to see it next to a Rivian R1T. We are likely weeks away from the first Cybertruck deliveries, yet we don’t have the finalized specs and […]

Electrify America announces it’s changing its pricing structure this month

  • August 7, 2023
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North American EV charging network Electrify America announced it will shift its pricing structure later this month from a nationwide model to a station-to-station basis. Electrify America currently operates one of the largest DC fast-charger networks in the US, now operating in 46 states, and it continues to expand in North America. All the while, it’s introduced discounts for […]

Rivian (RIVN) Q2 earnings preview: EV production and pricing come into focus

  • August 7, 2023
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EV maker Rivian (RIVN) is set to release its second-quarter 2023 earnings after the bell on Tuesday, August 8. Amid of wave of EV price cuts and lowered guidance, investors will be watching production and pricing closely in Rivian’s Q2 earnings report. Rivian Q2 2023 earnings preview Rivian shattered analyst expectations after delivering 12,640 models […]

News

Babylon pursues ‘new strategic alternatives’ as MindMaze deal canceled

  • August 7, 2023
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Multinational digital health firm Babylon reported its previously announced business combination with digital neurotherapy company MindMaze is not moving forward, and it will pursue the sale of its U.K. business to third parties and exit its U.S. business. In June, the company revealed that it accepted a take-private proposal from AlbaCore Capital on behalf of […]