Tesla’s energy segment is gaining attention from analysts as a significant contributor to the company’s valuation. While the electric vehicle business remains Tesla’s primary focus, the energy division is showing promising growth and potential, according to a recent MarketWatch report.…
Lucid Motors CEO Peter Rawlinson has ignited a heated discussion in the electric vehicle (EV) industry with a bold claim about his company’s technological edge. In a recent LinkedIn post, Rawlinson highlighted the Lucid Air Pure’s impressive efficiency figures and…
Swedish electric vehicle maker Polestar has started production of its Polestar 3 SUV in the United States, marking a significant step in avoiding major tariffs on Chinese-made cars, according to Reuters. Polestar Shifts Production Strategy Polestar, majority-owned by China’s Geely,…
Taiwanese electronics giant Foxconn is making a bold move into the electric vehicle (EV) market, according to the New York Times. The company, best known for manufacturing iPhones, is planning to build a 700-acre campus dedicated to EV production in…
Volkswagen’s upcoming ID.2 electric vehicle, a critical addition to the automaker’s EV lineup, has been spotted undergoing tests at Germany’s legendary Nürburgring Nordschleife. Auto Express reports on this significant development for the German manufacturer’s new Golf-sized, but Polo-priced electric car.…
A four-year federal investigation into Tesla’s front suspension failures has concluded, with recommendations for the electric vehicle maker to expand its service bulletin, ARS Technica reports. The issue, dubbed the “whompy wheel” problem by Tesla enthusiasts, has affected hundreds of…
Electric vehicle (EV) giant Tesla saw its stock fall in early trading Wednesday, despite favorable inflation data that could potentially benefit the automotive industry. According to a report from Barron’s, Tesla shares were down 3.3% at $200.88 in early trading,…
Hyundai Motor Group is gearing up for a renewed assault on the lucrative US pickup truck market, according to a report from The Korea Economic Daily. The Korean automaker aims to challenge established players with extended-range electric vehicles (EREVs) as…
Luxury EV Fire Ignites Debate on Battery Transparency A recent incident involving a Mercedes-Benz electric vehicle in South Korea has sparked a heated discussion about battery transparency in the EV industry. The fire, which occurred in an underground parking lot,…
A unique collaboration between electric vehicle rideshare technology company Kite Mobility Inc. and Delmanor retirement homes is revolutionizing senior mobility while addressing parking challenges for developers. This innovative program, reported by Forbes, allows seniors to give up their gas-powered vehicles…
Pennsylvania is set to implement one of the nation’s costliest electric vehicle (EV) fees, joining a growing trend of states imposing additional charges on EV owners. This shift comes as states face declining gasoline tax revenues and seek new ways…
Tesla’s refreshed Model 3 appears to be facing unexpected challenges, as reported by CleanTechnica. A recent discovery near Tampa, Florida, has raised questions about the electric vehicle maker’s inventory management and product quality. A Field of Forgotten EVs In Lutz,…
Chinese EV manufacturer Zeekr, a subsidiary of Geely, has introduced a revolutionary in-house designed ultra-fast charging LFP battery for its new 007 sedan, pushing the boundaries of electric vehicle charging capabilities. This news was reported by Sawyer Merritt, a known…
Chinese electric vehicle manufacturer Zeekr has unveiled new battery technology that claims to offer the world’s fastest charging speeds, potentially addressing key consumer concerns about EV adoption. This development was reported by CNBC on Tuesday, August 13, 2024. Record-Breaking Charging…
Porsche SE, the investment vehicle controlled by the Porsche-Piëch family, is eyeing new opportunities in the automotive sector, particularly in electric vehicle (EV) technology, as market valuations decline. This news comes from a recent Financial Times report. Seeking EV Opportunities…
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