Connect with us

Published

on

Young electric boat racing series E1 capped off its inaugural season last month with the first championship going to a team led by someone who knows how to win – Tom Brady. As we approach the new year, E1’s focus is on season 2, and it has shared the tentative racing calendar, which includes seven Grand Prix events scattered worldwide, including a race in the USA.

The UIM E1 Championship Series is an electric boat racing league that recently capped off its inaugural season. E1’s season 1 calendar initially consisted of eight scheduled Grand Prix, where its initial nine teams, led by owners like Rafael Nadal, Will Smith, and Marc Anthony, battled every couple of months for a chance to raise the first-ever E1 trophy.

As a nascent league, the E1 Series shifted its schedule several times in the past year. The league’s initial start was pushed, but several events ended up being locked in for competition around the globe.

Events originally planned for Geneva and Rotterdam were nixed mid-season, but the E1 racing teams have competed in five Grand Prix, including Jeddah, Venice, Monaco, and most recently, Lake Como. The E1 Championship was scheduled to take place in Hong Kong in November, but E1 ended up switching the date and location of that season finale to TBC before skipping it altogether.

As such, Team Brady, led by NFL legend Tom Brady, ended the shortened E1 season 1 racing calendar with the most points and was awarded the UIM Championship trophy. We asked a representative why the championship event in Hong Kong was no longer happening and were told that E1 decided it was in its best interests to conclude season 1 after the fifth event in Lake Como and shift its focus to season 2, with an exciting calendar of events to be announced “very soon.”

In early October, before we got details of an official racing calendar for season 2, E1 shared one confirmed location for a Grand Prix in 2025 – Doha in Qatar. Today, E1 has shared its full tentative racing calendar for season 2, and while some events remain TBD, there are some exciting locations on the schedule, including an event in the US.

E1 racing calendar
Source: E1 Series

E1’s season 2 racing events include Monaco and USA

The UIM E1 Championship announced its tentative racing calendar for season 2 this morning, including Grand Prix events returning to coastal areas like Jeddah, Monaco, and Lake Como and some new races in places like Doha and the US. E1 co-founder and CEO Rodi Basso spoke:

‘To see our revolutionary electric racing series come to life in season one was an incredibly special feeling. E1’s growth and expansion across the globe shows that it has arrived as a truly global sport. The inclusion of new race locations in Qatar and the United States in season two, with more to come, is a testament to the growing interest and investment in the championship and we are looking forward to taking the sport to new audiences.

Season 2 will kick off in January 2025 with a Grand Prix electric boat racing weekend in Jeddah, Saudi Arabia. Here’s the current E1 racing calendar:

Grand Prix Location (Provisional) Dates
E1 Jeddah GP, Saudi Arabia January 24-25, 2025
Visit Qatar E1 Doha GP February 21-22, 2025
TBA April, 2025
E1 Monaco July 18-19,2025
E1 Lake Como GP, Italy August 22-23, 2025
TBA October, 2025
TBA – USA November, 2025

E1 shared that it will continue to accelerate preparations for season 2 and share more details of the 2025 racing calendar soon, alongside news of additional Racebird teams. E1 co-founder and chairman Alejandro Agag also spoke about the league’s upcoming second season:

Our mission in season one was to revolutionize and set a new standard for racing on the water. We are pleased to unveil the season two calendar and to continue to drive towards our mission and expand on this success. The calendar sees an inclusion of new cities around the world who are aligned with our vision of building a sustainable sport, and passionate about E1.

While the racing calendar has not revealed it yet, E1 shared that the season 2 championship will take place in a US city to be announced in December 2024. We are not sure if this is still the plan, but when E1 announced musical artist Marc Anthony was joining the league in December 2023 as the owner of Team Miami, it shared that Anthony’s company, Magnus, would help facilitate and host a Grand Prix in the team’s home city during season 2. If and when that event occurs, it will be E1’s debut in the US.

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

Continue Reading

Environment

Rivian and Ben & Jerry’s just dropped an electric ice cream truck: Meet the sweet new EV

Published

on

By

Rivian and Ben & Jerry's just dropped an electric ice cream truck: Meet the sweet new EV

Imagine seeing this as the next ice cream truck rolling through your neighborhood? Yep, Rivian and Ben & Jerry’s teamed up to create the electric ice cream truck we’ve been waiting for. The “Scoop Truck” will be hitting the road to hand out ice cream this week and honestly, it looks pretty sweet.

Rivian and Ben & Jerry’s unveil electric ice cream truck

What’s better than an ice cream truck? An electric one. The Rivian and Ben & Jerry’s mashup gives us a sneak peek at the ice cream truck of the future.

The “Scoop Truck” will officially debut at South by Southwest (SXSW) in Austin, Texas, this week. Fans can stop by to get a first look at the electric truck (and maybe a sweet treat to go with it).

After that, the scoop trucks will hit the road, stopping at Rivian community events. You can also catch it at upcoming events in Vermont, Ben & Jerry’s home state.

Advertisement – scroll for more content

The electric scoop truck is based on Rivian’s Commercial Van, which was launched last month in the US. You may have seen the Rivian Electric Delivery Vans (EDVs) for Amazon roaming through your neighborhood. After ending its exclusivity agreement, Rivian is now open to other partnerships, like with Ben & Jerry’s.

Rivian-electric-ice-cream-truck
Rivian and Ben & Jerry’s electric ice cream truck (Source: Ben & Jerry’s)

Rivian said its Commercial Van “will allow for more events, more catering gigs, and dishing out more ice cream than ever” with up to 161 miles of range.

Sean Slattery, Ben & Jerry’s US integrated Marketing Project lead joked that “Rivian helped Ben & Jerry’s reduce our reliance on fossil fuels in a small way, while making things a little bit cooler… which, as an ice cream company, is extremely difficult to do.”

Rivian-electric-commercial-van
Rivian Commercial Van (Source: Rivian)

Rivian’s electric van is available in two models: the Delivery 500 and 700, starting at $79,900 and $83,900, respectively. The smaller (Delivery 500) van is designed for getting around city streets, while the larger (Delivery 700) model includes extra space (652 cu ft) for more cargo and storage.

Rivian and Ben & Jerry’s are two companies fighting for a cleaner future, so the “sweet” partnership makes sense. What do you think of the electric ice cream truck? Let us know in the comments below.

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

Continue Reading

Environment

Elon Musk tries and fails to pump Tesla’s stock (TSLA)

Published

on

By

Elon Musk tries and fails to pump Tesla's stock (TSLA)

Elon Musk tried to pump Tesla’s stock (TSLA) by claiming a 10x increase in profits, but it failed. In fact, the stock is down 10% since Musk’s pump.

After an analyst posted a prediction that Tesla would increase its profits by 256%, Tesla CEO Elon Musk responded

It will require outstanding execution, but I think more like 1000% gain for Tesla in 5 years is possible.

The comment was quickly propagated by Elon fans and the community of “Tesla all-ins” as being a sign that Musk, who is quite busy with X and DOGE lately, still believes in Tesla.

And yet, Tesla’s stock is down 10% since Musk’s pump:

Advertisement – scroll for more content

There are a few factors at play here. Mostly, it’s just not a great pump and shows Musk is disconnectedness with Tesla and its shareholders.

Many of his fans took it as a “1000% or 10x increase in Tesla’s stock”, but the analyst Musk was responding to was talking about profits.

At the time of the tweet, Tesla was trading at 150x profits. With a P/E of 15, Tesla’s stock price already assumed a roughly 10x increase in profits over the next few years.

Therefore, Musk saying that with “outstanding execution,” he “thinks” Tesla could “possibly” achieve a “more like” 10x increase in profits in “5 years,” is just not the pump that his fans thought it was. In fact, it was basically him saying that Tesla is currently priced for perfect execution.

Despite the drop in the last two days, Tesla is still trading at a price-to-earnings ratio of ~130.

Electrek’s Take

I think this shows how disconnected Elon is from Tesla and its shareholders. They thought, and he probably did too, that this would be a great pump, but it’s simply not.

Especially not amid protests and boycotts against Tesla while the company already had demand issues.

They are clinging to the idea that the Model Y refresh will save the company and return it to growth, but I don’t see that happening right now.

I think that Elon distancing himself from Tesla would be the only thing that would help right now, and it doesn’t look like it will happen. So, the shareholders will have to push him out, which won’t happen until the stock price motivates them.

We are still quite a bit away from that, but I think it’s headed in that direction fast.

Getting solar at your home is one of the best financial moves you can do while helping the economy move away from fossil fuels. To find a trusted, reliable solar installer near you that offers competitive pricing, check out EnergySage. EnergySage is a free service that makes it easy for you to go solar – whether you’re a homeowner or renter. They have hundreds of pre-vetted solar installers competing for your business, ensuring you get high-quality solutions and save 20 to 30% compared to going it alone. Some installers even offer Tesla products. Plus, it’s free to use and you won’t get sales calls until you select an installer and you share your phone number with them.

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

Continue Reading

Environment

Waymo One begins autonomous rides in Austin, Texas, exclusively through Uber [Video]

Published

on

By

Waymo One begins autonomous rides in Austin, Texas, exclusively through Uber [Video]

Starting today, the fully autonomous Waymo One ride service is available exclusively to customers in Austin, Texas through the Uber app. Today’s news builds upon Waymo’s existing partnership with Uber and is a milestone in the robotaxi startup’s expansion to new cities around the US.

As promised, robotaxi developer Waymo is expanding its Waymo One service to new US cities. While much of the world is still not completely sold on the plausibility of full-fledged robotaxi operations across major metropolitan areas, Waymo is trekking forward in its operations and has the data to prove it is, in fact, safer in many ways.

With the financial backing of parent company Alphabet Inc. (Google) and a $5.6 billion influx of cash secure in 2024, Waymo has been able to expand robotaxi operations in cities like Los Angeles, San Francisco and Phoenix.

At the time of the Series C funding announcement mentioned above, the mobility company detailed plans to expand its Waymo-One rideshare services to new cities like Austin, Texas, and Atlanta, Georgia in 2025 through an ongoing partnership with Uber.

Advertisement – scroll for more content

Today, Waymo has confirmed that fully-autonomous rides are now available in Austin through the Uber app. Be sure to check out the video from Waymo below.

Waymo Austin
Source: Waymo

Waymo One operational around 37 square miles of Austin

Waymo confirmed the start of fully autonomous robotaxi services in Austin today through a social media post. According to Waymo, Uber users who request an Uber X, Uber Comfort, Uber Green, or Uber Comfort Electric will have the opportunity to opt in and match with Waymo’s autonomous vehicles (when available).

Riders who are matched with a Waymo One-equipped EV, currently the Jaguar I-Pace (RIP), will be able to travel within a 37-square-mile footprint around much of Austin, including Hyde Park, Downtown, and Montopolis. Through the Uber app, riders will see options to unlock the Waymo One vehicle’s doors, open the trunk, and begin their ride once they are inside.

Today’s rollout stems from a multi-year partnership between Waymo and Uber. Austin is the first market where Uber is managing and dispatching Waymo vehicles, so it will be an important one to keep and eye on to see how everything runs and how the public responds.

As previously announced, the partnership with Uber also includes robotaxi expansions to the public in Atlanta, Georgia, later this year. As we reported in December 2024, Miami is also in the works for a 2026 rollout. While we await those expansions, here’s some footage of the Waymo One rollout in Austin.

Source: Waymo

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

Continue Reading

Trending