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The US is expected to add a record-setting 33 gigawatts (GW) of solar capacity in 2023, according to a new report, but 2024 will bring challenges to the industry.

The Solar Energy Industries Association (SEIA) and Wood Mackenzie released their latest report, “US Solar Market Insight Q4 2023,” in which they report that third-quarter (Q3) additions of new solar totaled 6.5 gigawatts (GW) – a 35% year-over-year increase – as federal clean energy policies begin to take hold.

California and Texas led the US for new solar installations in Q3, and Indiana ranked third with 663 megawatts (MW) of new capacity as several large utility-scale projects came online. Fourteen states and Puerto Rico installed more than 100 MW of new solar capacity in Q3. 

While economic challenges are beginning to impact the solar and storage industry, solar is still expected to be the largest source of generating capacity on the US grid by 2050.

SEIA president and CEO Abigail Ross Hopper said:

Solar remains the fastest-growing energy source in the United States, and despite a difficult economic environment, this growth is expected to continue for years to come.

To maintain this forecasted growth, we must modernize regulations and reduce bureaucratic roadblocks to make it easier for clean energy companies to invest capital and create jobs.

The residential solar segment installed a record 210,000 systems in Q3. However, the California Public Utilities Commission’s disastrous decision to gut the state’s rooftop solar incentives –resulting in an 80% drop in installations – and elevated US interest rates are expected to lead to a brief decline next year before growth resumes in 2025.

Elevated financing costs, transformer shortages, and interconnection bottlenecks are also impacting the utility-scale segment, which saw its lowest level of new contracts signed in a quarter since 2018.

However, improvements in the module supply chain have led to a record 12 GW of utility-scale deployment in the first nine months of 2023.

Solar accounts for 48% of all new electric generating capacity in the first three quarters of 2023, bringing total installed solar capacity in the US to 161 GW across 4.7 million installations. By 2028, US solar capacity is expected to reach 377 GW – enough to power more than 65 million homes.

Michelle Davis, head of solar research at Wood Mackenzie and lead author of the report, said:

The US solar industry is on a strong growth trajectory, with expectations of 55% growth this year and 10% growth in 2024.  

Growth is expected to be slower starting in 2026 as various challenges like interconnection constraints become more acute. It’s critical that the industry continue to innovate to maximize the value that solar brings to an increasingly complex grid.

Interconnection reform, regulatory modernization, and increasing storage attachment rates will be key tools.

Electrek’s Take

Solar breaking capacity records in 2023 doesn’t surprise me – thank you, Inflation Reduction Act – but it certainly makes me happy to hear it from the SEIA. The solar industry is still going to grow in 2024, just not as quickly as it did this year.

There are a lot of moving parts in this revolutionary transition to clean energy, and next year, the industry and its supply chain is going to have to recalibrate on some important stuff.

There’s nothing it can do about the interest rates, and I don’t know how California is going to sort out its mess. But there are innovative startups coming up with better ways to calibrate the power on the grid, and those ideas are being launched commercially. As Davis says, interconnection reform and regulation improvements are needed to help ease the clean energy bottlenecks. Hopefully those bottleneck issues will be improved by government sooner rather than later.

Read more: Here’s what the US needs to do right now to upgrade the grid

Photo: A worker watches the sunrise by US Department of Energy is licensed under CC-CC0 1.0


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Acura unveils new RSX: reborn as a sleek electric SUV

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Acura unveils new RSX: reborn as a sleek electric SUV

Acura is bringing back the RSX, but you wouldn’t recognize it. It’s now a sporty electric SUV, and a fairly impressive one at that. It’s also the first electric vehicle built on Honda’s new Zero global EV platform.

Honda’s all-electric vehicle offering is quite limited – especially in North America.

It only sells the Prologue and Accura ZDX, which are based on GM’s Equinox EV. In Asia and Europe, the Japanese automaker has more electric models, but its efforts are still very much fragmented.

Now, it is preparing to launch a series of new EVs based on its in-house global EV platform: Zero.

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Today, Acura is unveiling what should become the first vehicle on the platform: the Acura RSX concept.

This is still only a concept, but Acura says that it’s a good preview for the final vehicle that will go into production at Honda’s new EV hub in Ohio during the second half of 2026.

It will be built on the same production line as the Acura Integra, which can get a bit confusing since the name RSX was also used for the Integra in some markets during the original run in the 90s.

But the name is about the only thing that the current Integra and the RSX concept share. You won’t confuse the sporty sedan with this all-electric performance SUV.

Lance Woelfer, vice president of Auto Sales at American Honda Motor Co, commented on the new concept:

“The dramatic styling of our Acura RSX Prototype demonstrates that it’s not just a new EV, but a compelling all-new Acura model. RSX will deliver on nearly four decades of Acura Precision Crafted Performance brand DNA with appealing design and cutting-edge technology.”

Acura took advantage of the freedom given by the new EV platform it’s based on and delivered a vehicle with a sleek yet aggressive design.

Yasutake Tsuchida, Acura Creative Director and vice president of American Honda R&D, said that the design aimed at “excellent aerodynamic” performance:

“The Acura RSX has a sporty coupe style that expresses the performance that comes from excellent aerodynamics. Starting from this all-new RSX we will redefine the Acura brand around timeless beauty and a high-tech feel that is essential for a performance and unique brand.”

For now, the design is the primary information available about the Acura RSX, as the company hasn’t shared specifications yet. I am with Acura at the Monterey Car Week for the next few days, and I’ll do my best to gather more details.

In the meantime, we know that it will be equipped with a potent dual-motor all-wheel drive powertrain, sport-tuned double wishbone front suspension, a low center-of-gravity and Brembo brakes, and Acura is talking about all this being standard in the new RSX.

Acura is also talking about having “the brand’s top-of-class driver assistive technologies.”

The RSX is also set to be the first vehicle equipped with Honda’s new ASIMO operating system.

Acura said about ASIMO:

With the ability to run various applications on the Acura RSX, similar to operating systems found on smartphones, ASIMO OS will offer a personalized experience that will enhance the joy of driving and the ownership experience. ASIMO OS will utilize OTA updates to bring new customizable features and services to the RSX to enhance the ownership experience.

It will also have machine learning capabilities, enabling it to learn about how you like to use your car and personalize to your specifications.

Last but not least, Acura has already confirmed that the RSX will be capable of bi-directional charging. The details are not available yet, but the automaker is talking about powering devices from the vehicle (V2X) and providing back power to your home (V2H).

The prototype is at Pebble Beach this week if you want to check it out. We certainly will, and we will report back with more.

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Lucid (LCID) shuts down rumors that it sold just 9 Gravity SUVs this year

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Lucid (LCID) shuts down rumors that it sold just 9 Gravity SUVs this year

A new report claimed that Lucid Motors’ (LCID) new Gravity SUV had just nine registrations in its first six months. Lucid denied the rumors, telling us Gravity deliveries are “well into the 3-digit range.”

Lucid denies rumors of slow Gravity SUV sales

There’s no denying that the Gravity is an impressive electric SUV. It can drive up to 450 miles on a single charge and has more interior space than a Ford Explorer. With up to 828 hp, it’s also faster than most sports cars.

However, a new Automotive News report claimed the Gravity only managed to secure nine registrations in its first six months on the market, citing S&P Global Mobility data.

Nick Twork, Lucid’s head of communications, confirmed in an email to Electrek that the claim is “completely inaccurate.”

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Twork added that “a quick review of social media postings from our customers shows that those numbers are simply not credible.” Although Lucid doesn’t provide a breakdown, Gravity deliveries are “well into the 3-digit range,” he said.

Lucid-Gravity-rumors
Lucid Gravity Grand Touring (Source: Lucid)

In the second half of the year, Lucid expects the Gravity SUV to account for the majority of production and deliveries.

The EV maker anticipates a significant ramp-up in production during the second half of the year. On the company’s second-quarter earnings call, interim CEO Marc Winterhoff said that after overcoming most of the supply chain issues, including the industry-wide magnet shortage, the company was “beginning to ramp up Lucid Gravity production.”

Lucid-Gravity-rumors
Lucid Gravity electric SUV at a Tesla Supercharger (Source: Lucid Motors)

Winterhoff added that “our daily order rate has nearly doubled” since introducing Gravity models in its studios and offering test drives.

If it weren’t for Lucid’s quick actions, the company would have had to halt production in the second quarter. Instead, Lucid produced just over 6,000 vehicles in the second quarter.

Lucid-Gravity-Air-EVs
Lucid Air (left) and Gravity (right) Source: Lucid

During an interview with CNBC the following day, Lucid’s CEO stated that the company now has the raw materials, earth magnets, and licensing for the remainder of the year.

Lucid has reduced its production goal for 2025 from 20,000 to between 18,000 and 20,000 units. The company cited a changing market as the reason for the updated range.

The EV maker also scored a partnership with Uber and Nuro to launch 20,000 Gravity robotaxis over the next six years. Uber is investing $300 million into Lucid as part of the deal.

Meanwhile, Lucid’s Air remained the best-selling luxury electric sedan in the US. The Air outsold the Tesla Model S, Porsche Taycan, and even most gas models in its segment in the first half of 2025.

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Ford’s $30,000 EV pickup signals the end of these popular gas SUVs

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Ford's ,000 EV pickup signals the end of these popular gas SUVs

Ford’s next “Model T” is a midsize electric pickup that will start at around $30,000. The new model will be the first of a family of affordable electric vehicles based on the new Ford Universal EV Platform. As Ford shifts to lower-cost EVs, a few popular SUVs you may recognize are getting axed.

Ford’s new $30,000 EV pickup will replace gas SUVs

At its Louisville, Kentucky, plant on Monday (see our recap of the event), Ford revealed plans to build a new midsize EV pickup, claiming it will have a lower cost of ownership than a Tesla Model Y.

It will also have more interior space, thanks to its new “Ford Universal EV Platform,” which was also unveiled during the event.

The platform will underpin a series of new affordable electric cars that Ford promises will compete with the best. Ford is set to begin production of the new midsize EV pickup in 2027 at the Louisville Assembly plant, meaning it will need to clear room.

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Ford currently builds the Escape and Lincoln Corsair at the facility, both of which will be retired. The Ford Escape and Lincoln Corsair will officially be discontinued after the 2026 model year.

Ford-$30,000-EV-pickup
CEO Jim Farley presents the Ford Universal EV Platform in Kentucky (Source: Ford)

The announcement came as a shock to some, as the Escape is Ford’s second-best-selling SUV, behind the Explorer. It even outsold the Bronco Sport in the first half of the year (82,589 vs 72,438).

The Corsair is the second-best-selling Lincoln brand model through June, behind the Nautilus, with 13,096 units sold.

Ford-Universal-EV-platform
Ford Universal EV Platform (Source: Ford)

Although production is slated to end later this year, Ford confirmed the SUVs will continue to be sold well into 2026.

Ford has invested around $5 billion in its Louisville Assembly Complex, creating nearly 4,000 jobs, as it prepares for its next generation of electric vehicles. It will begin with Ford’s new midsize EV pickup, which is expected to launch in 2027 with a starting price of around $30,000.

Source: Car and Driver, Ford

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