Connect with us

Published

on

Electric vehicle conversion specialist Everrati has returned with yet another all-electric version of a celebrated Porsche 911 model. The company is now selling a new zero-emissions classic inspired by the Porsche 911 ST. It may not be a directly built upon existing ST models, but this conversion captures the essence of the limited run racing vehicle that inspired it, and delivers far greater performance.

Everrati Automotive Ltd. is a UK-based restoration company that specializes in giving classic cars from the combustion era a second life without emissions, blending the styling of the past with the technology of an all-electric future.

These specialists currently design, develop, and build each and every one of the company’s unique electric vehicle conversions at its facility in England, although it has previously shared plans for expansion into the US to meet the growing demand for its vehicles in across the pond.

To date, Everrati develops and delivers electric versions of classics like the Land Rover Series IIA, Mercedes-Benz SL Pagoda, and even the GT40. However, the Porsche 911 must be a group favorite, because Everrati sells several electric conversions of it and continues to expand its lineup.

For example, the company currently offers the Porsche 911 (964) licensed Gulf Signature Edition, as well as wide or narrow body variants of the 911 Signature as either a Coupé or Targa. As we covered last October, Everrati now also sells an all-electric wide body Cabriolet version of the Porsche 911.

Everrati has now introduced yet another electric Porsche 911, this one based upon a rare ST version from the early 1970s.

  • electric Porsche 911

Everrati creates yet another electric Porsche 911 variant

Porsche 911 fans looking for an all-electric conversion can now get their hands on an EV inspired by the ST. While this design of the 911 remained popular and saw a long production run, the ST version was only produced in small numbers for the racing events like Les Mans in the early 1970s.

We are approaching the 60th anniversary of the Porsche 911 and its original maker has been rumored to be releasing a new special edition 911 ST of its own, but that most certainly won’t be electric. To may homage to the ultra-lightweight 911, Everrati recruited the help of Porsche restoration specialist RS Werks to deliver and all-electric version and ensure the job was done right.

The result is a G-Series 911 chassis, equipped with a 62 kWh battery pack that powers a rear axle motor delivering 440 bhp and 460 Nm of torque. It can also take off 0-60 mph in under four seconds. What’s cool about Everrati is that it shares the legacy specs to show potential customers just how much more powerful its electric Porsche 911s are compared to the original.

For example, the legacy Porsche 911 ST offered 247 bhp and 310 Nm of torque, accelerating from 0-60 mph in 5.5 seconds (manual). Even with the battery pack, Everrati was able to deliver an electric vehicle similar to the original weight and weight distribution of the Porsche 911 ST – meaning it should handle similarly.

That said, the EV version has some additional perks such as Quaife ATB torque biasing differential, AC and DC charging capabilities, Apple CarPlay, regenerative braking and an optional tractive suspension. Did we mention it has a 200 mile range without any emissions?

The all-electric Porsche 911 ST from Everrati starts at an MSRP of £290,000 ($361,500) and is available to order now. If that’s a little out of your budget, can also request a test drive.

FTC: We use income earning auto affiliate links. More.

Continue Reading

Environment

ChargePoint just launched EV charger checkups – before they break

Published

on

By

ChargePoint just launched EV charger checkups – before they break

ChargePoint is rolling out a new program called “Safeguard Care” to ensure its EV chargers stay online. The service proactively sends trained technicians into the field to routinely check ChargePoint stations – before things go wrong.

These technicians inspect the chargers, clean them, repair what they can on-site, and run a test charge to ensure everything works before they leave. If they come across something they can’t fix, the issue gets escalated to ChargePoint’s support team for follow-up.

“As the original manufacturer of the chargers, we are able to ensure the highest standards of service and support,” said JD Singh, ChargePoint’s chief customer experience officer. “With Safeguard Care, ChargePoint is giving station owners and EV drivers peace of mind knowing that chargers will be in pristine working order.”

The service, which is starting in five launch markets across the US (ChargePoint hasn’t said which ones, and I’ll update if it answers me), is in addition to ChargePoint Assure, its existing hardware and software monitoring system. It benefits high-traffic charging sites like parking garages, office buildings, and public charging hubs, especially ones that don’t have a dedicated on-site maintenance crew.

Advertisement – scroll for more content

This move is part of ChargePoint’s broader effort to make public EV charging more reliable. In recent months, the company has introduced anti-vandalism upgrades and more proactive monitoring tools. But Safeguard Care marks an interesting shift toward proactive, rather than reactive, boots-on-the-ground support. Technicians usually aren’t dispatched until the EV charger software sends a notification to support that something’s gone wrong. I’ll be curious to see if this new in-person approach makes a difference with EV charger reliability.

Read more: The US added 4,200 new DC fast charging ports, and that’s just Q2


The 30% federal solar tax credit is ending this year. If you’ve ever considered going solar, now’s the time to act. To make sure you find a trusted, reliable solar installer near you that offers competitive pricing, check out EnergySage, a free service that makes it easy for you to go solar. It has hundreds of pre-vetted solar installers competing for your business, ensuring you get high-quality solutions and save 20-30% compared to going it alone. Plus, it’s free to use, and you won’t get sales calls until you select an installer and share your phone number with them. 

Your personalized solar quotes are easy to compare online and you’ll get access to unbiased Energy Advisors to help you every step of the way. Get started here.

FTC: We use income earning auto affiliate links. More.

Continue Reading

Environment

PayPal beats on earnings, raises full-year outlook as Venmo growth accelerates

Published

on

By

PayPal beats on earnings, raises full-year outlook as Venmo growth accelerates

Stellar's Denelle Dixon on PayPal launching its stablecoin on the foundation's blockchain

PayPal reported better-than-expected results for the second quarter and raised its full-year guidance for transaction margin dollars and earnings per share. The stock slipped more than 4% following the report.

Here’s how the company did compared with Wall Street estimates, based on a survey of analysts by LSEG:

  • Earnings per share: $1.40 adjusted vs. $1.30 expected
  • Revenue: $8.29 billion vs. $8.08 billion expected

Sales increased 5% from $7.89 billion a year earlier, as CEO Alex Chriss worked to roll off lower-margin revenue streams.

Transaction margin dollars, a key measure of profitability, rose 7% to $3.84 billion, marking the company’s sixth straight quarter of growth.

Growth in that metric slowed sequentially, down from 8% in the first quarter when excluding a one-time benefit that boosted results earlier this year. Branded checkout volumes also slowed to 5%, compared with 6% in the first quarter when adjusted for Leap Day.

Total payment volume, an indication of how digital payments are faring in the broader economy, beat estimates, coming in at $443.6 billion, compared with the $433.6 billion analysts had projected, according to StreetAccount. The number of active accounts rose 2% to 438 million, versus expectations of 437.8 million.

Stock Chart IconStock chart icon

hide content

PayPal shares are nearly 10% lower so far this year.

PayPal shares have fallen 8.4% for the year, as of Monday’s close, while the Nasdaq is up about 10% in 2025.

Venmo revenue grew more than 20% from a year earlier, following a 20% jump in the first quarter, though the company didn’t provide a dollar figure. Total payment volume for Venmo increased 12%, its highest growth rate in three years.

Chriss has focused on better monetizing key acquisitions such as Braintree and Venmo. DoorDash, Starbucks and Ticketmaster are among businesses now accepting Venmo as one way consumers can pay.

GENIUS Act stablecoin rules are great for PayPal, says Mizuho's Dan Dolev

“We delivered another quarter of profitable growth, driven by continued strength across many of our strategic initiatives ranging from PayPal and Venmo branded experiences” to acting as payment service provider and other services, Chriss said in the statement.

For the third quarter, PayPal forecast adjusted earnings per share of $1.18 to $1.22, compared with the average analyst estimate of $1.20. Transaction margin dollars are expected to increase 4% to between $3.76 billion and $3.82 billion, the company said.

Don’t miss these insights from CNBC PRO

Ahead of PayPal’s earnings, some analysts had struck a cautiously optimistic tone. Goldman Sachs noted that branded checkout growth was likely to improve sequentially to around 6%, up from 4% in the first quarter. 

Morgan Stanley pointed to stronger e-commerce data and progress on PayPal’s checkout initiatives. Advanced integrations are now live at 45% of U.S. merchants, up from 30% in December, and are expected to help branded checkout volumes reaccelerate. The bank also flagged ongoing momentum in Braintree volumes.

PayPal now expects full-year adjusted earnings per share of $5.15 to $5.30, up from its prior forecast of $4.95 to $5.10. While third-quarter guidance is roughly inline with expectations, the updated outlook implies a stronger fourth quarter. The company also projects free cash flow of $6 billion to $7 billion for the year.

WATCH: PayPal’s crypto lead on allowing merchants to buy and sell virtual assets

PayPal's crypto lead on allowing merchants to buy and sell virtual assets

Continue Reading

Environment

’70 MPH e-bikes’ prompt one US state to change its laws

Published

on

By

'70 MPH e-bikes' prompt one US state to change its laws

Electric bikes are booming in popularity in just about every demographic in the US. From teens riding to school all the way to elderly folks getting back on a bicycle for the first time in years, electric bikes are becoming ubiquitous. But as speeds and power levels have increased, Connecticut is responding with new laws.

Westport Police Lt. Serenity Dobson recently spoke to CTInsider about the phenomenon of more teens riding their e-bikes to school instead of being driven by their parents. “The whole entire bike rack is filled with these bikes that look like electric dirt bikes.”

Moped-style e-bikes have become increasingly popular with teens, with companies like Super73 ushering in a new wave of electric bikes with design cues borrowed from classic mopeds of decades past.

But Dobson says that these e-bikes are too easily modifiable, increasing speed and motor power past acceptable limits.

Advertisement – scroll for more content

“These bikes come stock at 30 mph, but you can cut the controller, and so then they can go 60, 70 mph, and the kids know how to do this,” Dobson said, adding that there has been a “huge increase in middle school-aged kids” riding e-bikes, particularly in the summer when school is out. “There are a lot of YouTube videos where it can show you how easy it is for someone to modify it.”

It’s not clear that such speeds are actually capable on stock parts from nearly any electric bicycle, and legal electric bikes are not capable of exceeding either 20 or 28 mph, depending on their classification, but Dobson may be referring to Sur Ron-style electric motorbikes, which are off-road electric motorcycles that look like small dirt bikes.

Connecticut already uses the common three-class system that codifies legal e-bikes as up to 20 mph (32 km/h) and 750W (one horsepower) for Class 1 and 2, or up to 28 mph (45 km/h) for Class 3 e-bikes.

But now the state is updating its e-bike laws, adding that any e-bike with over 750W of power will be considered a “motor-driven cycle” and require a driver’s license. Over 3,500W? That will be considered a motorcycle and require a motorcycle endorsement to legally ride, as well as registration and insurance like a motorcycle.

The new laws are expected to come into effect in October.

FTC: We use income earning auto affiliate links. More.

Continue Reading

Trending