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,…
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,…
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…
Chinese automaker Li Auto is making waves in the electric vehicle market with its extended-range electric vehicles (EREVs). These innovative cars are addressing range anxiety concerns while offering the benefits of electric driving, according to a recent Bloomberg report. The…
Volkswagen Group is revising its electric vehicle roadmap, pushing back the launch of its highly anticipated Trinity EV while potentially fast-tracking an all-electric Golf, according to a report from Handelsblatt newspaper. Trinity’s Delayed Arrival The Trinity, initially positioned as VW’s…
Electric vehicle (EV) leasing costs in Europe have more than doubled over the past three years, driven by plummeting resale values that are putting pressure on leasing companies. This trend threatens to stall Europe’s electric transition, according to a report…
Rivian, the electric vehicle manufacturer, is rolling out a new software update that brings Apple Music streaming support to its vehicles, as reported by The Verge. This move comes as the company continues to resist offering phone mirroring features like…
Germany’s electric vehicle (EV) market is facing a significant downturn, with July registrations showing no signs of recovery following the abrupt end of government subsidies late last year. According to a report from Bloomberg, the slump in EV sales is…
Rivian, the electric vehicle manufacturer, is set to release its new Travel Kitchen by the end of August for $1,400, according to reports from a recent event at the company’s Pasadena Space. The news was shared by Sawyer Merritt on…
Tesla has announced a delay in the production of its $16,000 Cybertruck range extender, pushing the start date from late 2024 to early 2025, according to Sawyer Merritt on X. Cybertruck Range Boost Details The range extender, designed to sit…
Rivian, the electric vehicle manufacturer, is making strategic moves to enhance its compatibility with Tesla’s Supercharger network. This development comes as part of a broader industry shift towards adopting Tesla’s North American Charging System (NACS) connector, as reported by Green…
Electric vehicle (EV) charging times have long been a point of contention for potential adopters. UK startup Breathe Battery Technologies is addressing this issue head-on with an innovative software solution that promises to significantly improve charging performance without requiring hardware…
Tesla, the electric vehicle giant, is facing headwinds in California. According to Reuters, Tesla’s car registrations in the Golden State dropped 24% in the second quarter of 2024, marking the third consecutive quarter of declining sales in this crucial market.…
Tesla has released a new YouTube video demonstrating the off-road prowess of its highly popular Cybertruck. The video offers an in-depth look at the electric vehicle’s advanced features designed for tackling challenging terrain. Adaptive Off-Road Modes The Cybertruck boasts a…
According to Bloomberg, Volkswagen has made a bold move in the electric vehicle (EV) market, agreeing to invest up to $5 billion in American EV startup Rivian. This partnership aims to accelerate the development of cutting-edge electric vehicle technology and…
The Tesla Model 3 Long Range has become fully eligible for the $7,500 federal tax credit for electric vehicles (EVs) in the United States. This credit applies to EVs with batteries originating from the U.S. and is taken off at…
Tesla has filed a bombshell lawsuit against its former supplier Matthews International, accusing the company of stealing trade secrets related to electric vehicle battery technology and sharing them with Tesla’s competitors. The suit, filed Friday in California federal court, claims…
The European Union’s decision to impose additional tariffs of up to 38.1% on electric vehicles imported from China has drawn criticism from Beijing and raised concerns about a potential trade war. The move follows an investigation into China’s state support…
Electric vehicles (EVs) are not just a greener alternative to gas-guzzlers; they could also be the key to stabilizing the electrical grid. Automakers like Ford, GM, BMW, and Renault are exploring ways to use EV batteries for energy storage, potentially…
High Prices and Lack of Charging Stations Remain Major Obstacles A new poll by The Associated Press-NORC Center for Public Affairs Research and the Energy Policy Institute at the University of Chicago reveals that many Americans are still reluctant to…
Jeep has unveiled its first electric model for the US, the Wagoneer S, a premium SUV with an estimated 300 miles of range. The Launch Edition, the only trim announced so far, starts at $71,995 and goes on sale this…
Lucid Motors, the luxury electric vehicle (EV) company, is cutting about 400 jobs as the EV industry faces slow growth. According to a recent SEC filing, this layoff round will affect 6% of Lucid’s staff by the end of October,…
A New Era of Eco-Friendly Policing In a bold move toward sustainability and efficiency, the Anaheim Police Department has introduced six Tesla Model Y vehicles to its patrol fleet. This initiative, reportedly facilitated by Tesla’s upfitting division UP.FIT, represents a…
A Desperate Bid to Survive Electric vehicle (EV) manufacturer Fisker Inc. is closing its Manhattan Beach headquarters and relocating employees to La Palma, Orange County, as part of an effort to stave off bankruptcy. This move is coupled with a…
Rivian Automotive Inc., a once-celebrated name in the electric vehicle (EV) market, has informed California state officials of its plan to implement more layoffs. In a letter dated April 24 to the Employment Development Department, Rivian’s vice president of people,…
Analyst Downgrades Rivian Stock Amid Demand Concerns Rivian Automotive, a key player in the electric vehicle (EV) market, has seen its stock downgraded to ‘Hold’ from ‘Buy’ by Wolfe Research analyst Rod Lache. The downgrade reflects concerns about the company’s…
Uber and Carrefour Énergies Forge Alliance for EV Charging Access Uber and Carrefour have joined forces in a strategic partnership that promises to enhance the electric vehicle (EV) charging infrastructure for Uber drivers. Announced on Tuesday, this collaboration will reportedly…
In the electrified race of the automotive world, BMW has thrown down the gauntlet, challenging Tesla’s battery prowess. “Tesla needs to close the gap with us,” asserts BMW, with a tone of confidence rooted in the imminent launch of their…
Tesla’s roaring engines of innovation have not slowed down a bit. Announced via a X/Twitter post, the electric automaker celebrated the production of the 20 millionth 4680 battery cell at its Giga Texas factory. This comes after a photograph captured…
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