Redwood Materials, a leader in electric vehicle (EV) battery recycling, is giving retired EV batteries a second life by converting them into cost-effective microgrids, the company announced on Thursday. By repurposing still-functional batteries, Redwood’s new division, Redwood Energy, is creating…
On May 29, 2025, Vanguard Group announced a significant expansion of its “Investor Choice” proxy voting program, tripling the number of investors eligible to direct votes in their funds, as reported by Reuters. For Tesla, this could mean heightened pressure…
Redwood Materials, a leader in electric vehicle (EV) battery recycling, has welcomed Mark Westfall, a former Tesla engineer with a decade of experience, to its team. This strategic hire, announced on LinkedIn, strengthens Redwood’s mission to create a sustainable energy…
Tesla‘s decision to relocate its legal incorporation from Delaware to Texas has set off a ripple effect in the electric vehicle (EV) industry, with several major companies following suit. This trend, dubbed the “Dexit,” stems from a Delaware court ruling…
Tesla has set a new benchmark in electric vehicle (EV) production, completing the ramp-up of its updated Model Y at Giga Shanghai in just six weeks, the fastest in the company’s history. Announced through a post on Weibo, this milestone…
Tesla‘s energy storage business, powering homes and grids with Megapack and Powerwall systems, delivered a lifeline in a tough first quarter of 2025, raking in $2.73 billion—a 67% jump from last year, according to Business Insider. Yet, while this side…
Rivian, the electric vehicle (EV) innovator, is bracing for turbulence from President Trump’s new auto tariffs by stockpiling critical battery supplies, ensuring its production lines keep humming. According to a Bloomberg report, Rivian began amassing lithium-iron phosphate (LFP) battery cells…
At the 2025 ACT Expo, Tesla‘s Dan Priestley, Senior Manager of the Tesla Semi program, unveiled transformative updates for the Class 8 electric truck, signaling a robust push toward scaled production in 2026. Out of Spec Bits’ coverage captured Priestley’s…
In a bold push to electrify heavy-duty trucking, Tesla is hiring over 1,000 workers at its Nevada Gigafactory to kickstart mass production of its long-awaited Semi truck by late 2025, Business Insider reports. This hiring surge signals Tesla’s determination to…
Tesla‘s Q1 2025 earnings call, held on April 22, 2025, revealed a mix of ambitious milestones and cautious optimism as the electric vehicle (EV) giant navigates economic uncertainty, trade policy shifts, and global market challenges. With a record $37 billion…
Nevada‘s journey to build out its electric vehicle (EV) charging network has been slow and disjointed, according to a report by The Nevada Independent. Despite ambitious plans and significant funding, the state has struggled to create a comprehensive EV charging…
BMW is taking a big step towards a more sustainable future by partnering with Redwood Materials to recycle lithium-ion battery packs from its electrified vehicles. This move is part of BMW’s broader strategy to create a closed-loop supply chain for…
Tesla‘s Semi electric trucks have been spotted in numbers coming out of its pilot factory for the first time, signaling a potential ramp-up in production. Despite entering production in late 2022, the Tesla Semi has had a limited presence on…
A new study from Japan’s Ritsumeikan University reveals a potentially massive increase in raw material demand for electric vehicle (EV) batteries, challenging current estimates and raising questions about the sustainability of the EV revolution, reports The Register. Battery Resource Needs…
Hold onto your charging cables, EV enthusiasts! Tesla is bringing its advanced V4 Supercharger to the US, and it’s sparking excitement. Europe has been enjoying the fast and efficient V4 Supercharger stations for the past six months, with nearly a…
Las Vegas, known for its glitz and glamour, will soon shine brighter for electric vehicle (EV) enthusiasts. Tesla is gearing up to significantly expand its Supercharger network in the heart of Sin City. Powering Up the Entertainment Capital Tesla has…
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