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Tesla has just reached a significant milestone in its battery production efforts. The company announced on X that it has produced its 100 millionth 4680 battery cell across all its factories. Rapid Production Ramp-Up This achievement comes just over three months after Tesla celebrated its 50 millionth 4680 cell production milestone. The pace of production…
Ford CEO’s China Trip Sparks Major EV Strategy Shift Jim Farley, Ford’s chief exec, is sounding the alarm after a recent China visit left him shaken by the country’s EV prowess. The Wall Street Journal reports that this wake-up call is driving significant changes in Ford’s approach to electric vehicles. The China Shock During his…
The Biden administration has just announced a major move in the trade war with China, slapping a 100% tariff on Chinese electric vehicles (EVs) among other goods. This decision, set to take effect on September 27, is part of a broader strategy to protect strategic domestic industries from China’s state-driven excess production capacity, reports Reuters.…
Tesla’s Cybertruck is making serious waves in the electric vehicle world, especially in the luxury pickup segment. According to recent reports, the futuristic truck is not just turning heads – it’s driving up EV registrations across the board. Cybertruck’s Impressive Sales Performance The numbers don’t lie – Cybertruck deliveries hit 5,175 units in July 2024,…
The electric vehicle landscape is evolving rapidly, and Porsche’s latest entry is making waves. Sawyer Merritt recently broke the news about the Porsche Macan EV receiving its official EPA range rating, and the numbers are turning heads in the automotive world. Range That Rivals the Best The standard Macan EV has achieved an EPA-rated range…
Tesla has just introduced a new promotion in the U.S. for the Model Y and Model 3, offering $0 due at signing with a 2.49% finance rate for 36-72 month loans. This move is part of Tesla’s ongoing strategy to boost sales and maintain its competitive edge in the EV market. Zero Down Payment, Low…
General Motors and Hyundai are joining forces to develop new vehicles and technologies, aiming to cut costs and speed up innovation. This partnership, announced on Thursday, will focus on internal combustion, electric, and hydrogen-powered vehicles, as reported by the NY Times. A Collaborative Effort The two automakers have signed a nonbinding agreement to explore areas…
China’s pushing its carmakers to keep their advanced electric vehicle (EV) tech at home, even as these companies expand globally. The government’s encouraging automakers to export partially assembled vehicles, or “knock-down kits,” to avoid tariffs and protect their tech. This news, first reported by Bloomberg, comes as Chinese EV makers like BYD and Chery Automobile…
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