The world of sustainable transport and energy is evolving at a rapid pace, with groundbreaking innovations and strategic moves by industry leaders. This week, we delve into Rivian’s return to the stock market, Xiaomi’s ambitious entry into the automotive sector with the SkyNomad N90, and the introduction of a remarkably affordable electric vehicle in the US.
Our weekly podcast, broadcast live every Friday at 4 p.m. ET on Electrek’s YouTube channel, offers an in-depth look at these developments. Viewers can engage with the discussion by submitting questions and comments during the live stream. After the show concludes around 5 p.m. ET, the video will be archived on YouTube, and the audio will be available on popular podcast platforms such as Apple Podcasts, Spotify, Overcast, Pocket Casts, Castro, and via RSS.
Rivian’s Strategic Stock Sale for R2 Development
Rivian has announced a significant 75 million-share sale aimed at raising approximately $1.5 billion to support the development of its upcoming R2 model. This strategic move underscores Rivian’s commitment to expanding its electric vehicle lineup and strengthening its market position.
Xiaomi’s SkyNomad N90: A New Era in Extended-Range Electric Vehicles
Xiaomi has made a bold entrance into the automotive industry with the launch of its new sub-brand, SkyNomad. The first model under this brand, the N90 is an extended-range electric vehicle (EREV) SUV that combines electric and hybrid technologies. The N90 features a 1.5-liter turbocharged engine that acts as a generator, powering a battery pack with an energy capacity of over 70 kWh. This setup provides an electric-only range of 400-500 km and a hybrid range exceeding 1,500 km.
The N90 boasts impressive dimensions, with a length of 5.3 meters and a wheelbase of 3.1 meters. It offers both five- and seven-seat layouts, catering to a variety of consumer needs. Additional features include large headlamps, a roof-mounted LiDAR system, and electrically powered door steps, enhancing both aesthetics and functionality.
The Rise of Affordable Electric Vehicles in the US
In a significant development for the US market, a new tiny EV is now available for less than $14,000. This affordable electric vehicle represents a major step towards making sustainable transportation accessible to a broader audience. As the demand for eco-friendly options continues to grow, such innovations are poised to reshape the automotive landscape.
Join us for a comprehensive discussion on these and other exciting developments in the world of sustainable transport and energy. Tune in to our live stream starting at 4:00 p.m. ET or catch the video after 5 p.m. ET on YouTube and your favorite podcast platforms.
