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BMW switches motors in upcoming EVs, watches watts with Energy Master

BMW on Thursday released further details about the tech going into its next-generation Neue Klasse electric vehicles, including new nuggets on motors and energy management. The automaker will employ what it calls the Energy Master, a central control unit mounted on the battery pack that manages both low- and high-voltage electricity flow, controlling everything from…

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Rivian’s $170 Million Quarterly Profit Marks A Turning Point

Electric vehicle truck and SUV startup Rivian just beat the odds.  Ahead of its earnings call with investors later this afternoon, the California-based automaker announced an important milestone: its first-ever positive gross quarterly profit. The fourth quarter of 2024 brought in $170 million in gross profits, a significant turnaround from $600 million in losses during the…

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