In a recent turn of events, Tesla Inc’s board members have opted to settle a lawsuit brought forward by shareholders. The suit had contested the directors’ compensation, resulting in them relinquishing the value of 3.1 million stock options, equating to…
In the escalating battle of electric vehicle pricing, Ford Motor has taken a strategic step by reducing the price of its F-150 Lightning trucks, a move aimed at bolstering its presence in the Tesla-dominated EV market. This decision led to…
China’s electric vehicle giant, BYD Co, is making a power move in India. The company, along with Hyderabad’s Megha Engineering and Infrastructures, has submitted a proposal for a $1 billion investment to Indian authorities. If approved, this joint venture will…
The legendary British automotive brand, Triumph, is back in the spotlight with a dazzling electric sports car concept, the TR25, after decades of silence. Once a formidable contender in the American sports car market during the 50s and 60s, Triumph’s…
Tesla, the renowned electric vehicle manufacturer, has triumphed over adversity to build its first Cybertruck at its Austin, Texas facility, as announced in a recent Saturday tweet. This comes after two years of delays, largely due to component shortages, which…
As electric vehicles (EVs) steadily roll off the production lines to challenge Tesla, they’re facing an unexpected obstacle — a shortage of eager buyers. A disconnect between EV supply and demand is becoming evident, hinting at consumer reluctance due to…
Tritium DCFC, a high-speed electric vehicle charger manufacturer, announced on Tuesday its first federal-funded order from Hawaii. This marks the initial implementation of the U.S. government’s National Electric Vehicle Infrastructure Program (NEVI). The five-year program, aimed at encouraging electric vehicle…
A storm originating from China is on the horizon for Europe’s blossoming electric vehicle (EV) sector, Renault’s Chairman Jean-Dominique Senard shared with Reuters this past Saturday. According to Senard, China’s control over essential raw materials used in EV batteries puts…
BMW Motorrad’s fresh introduction, the Concept CE 02, is all about embracing the unpredictable vibrancy of city life. A dynamic ride that lets you seize every city opportunity. This nimble electric scooter isn’t bound by the standard nine-to-five but thrives…
Mercedes-Benz, the prestigious German automaker, made a significant announcement on Friday. From 2025, their electric vehicles (EVs) for the North American market will incorporate charging technology developed by Tesla. In addition, they’ll gain access to over 12,000 of Tesla’s Superchargers…
Sighting of Tesla’s enigmatic Cybertruck for winter testing stirred quite a buzz recently. A camouflaged model, along with a set of Model 3 Highland prototypes, was shipped to New Zealand, presumably for trials at the Southern Hemisphere Proving Grounds (SHPG).…
Jeremy, the audacious car enthusiast behind the YouTube channel ‘Electric SuperCar,’ has finally achieved his long-standing dream after four strenuous years. He single-handedly transformed a K1 Attack kit car into an electric supercar powered by Tesla. This modern-day automotive pioneer…
Tesla’s CEO Elon Musk unveiled his latest predictions for the debut of fully autonomous Teslas, saying they’re expected to hit the roads “later this year”. He delivered these remarks at an AI conference in Shanghai, indicating the company’s close ties…
Volkswagen, the renowned German automaker, is steering towards an autonomous future in Texas, aiming to launch self-driving vehicles for services such as ride-hailing and goods delivery by 2026. The company, which once made a substantial investment in Ford’s now-defunct self-driving…
The second quarter of the year saw a sales surge for Ford Motor, with a noteworthy 9.9% increase compared to the same period last year. This significant boost can be credited to the heightened sales of their F-Series trucks. Ford…
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