The dominos are falling as more automakers sign onto Tesla’s North American Charging Standard. In a landmark deal, Volvo Cars, the Swedish auto manufacturer, is joining forces with Tesla, to offer Volvo electric vehicle (EV) drivers access to Tesla’s expansive Supercharger network in North America. This initiative significantly bolsters charging infrastructure for Volvo customers and […]
General Motors (GM) announced on Monday that Tesla-compatible charging ports would not feature on its Chevrolet Silverado EV pickups until the 2025 model year. Additionally, the automaker has abandoned the idea of offering a base version of the Silverado EV with a $39,000 USD price tag, according to Amy Masica, Director of Chevrolet Truck Marketing, […]
British luxury automaker Aston Martin has announced a strategic supply agreement with Lucid Group on Monday. The partnership aims to develop a range of ultra-luxury high-performance electric vehicles, marking a significant step in Aston Martin’s electrification strategy. The agreement will see Lucid Group supply Aston Martin with advanced electric powertrains and battery systems. These technologies […]
Polestar has announced significant enhancements for the 2024 model of the Polestar 2. The company promises notable advancements in terms of range, energy efficiency, and performance for the model, alongside a substantial reduction in its carbon footprint. The 2024 Polestar 2 model can now travel up to 20% further, consuming up to 9% less energy, […]
Hyundai Motor Company, in its 2023 CEO Investor Day earlier this week, shed light on its plans to expedite its transition into electrification and to become a leading provider of smart mobility solutions. The plans are based on its innovative new strategy, dubbed the ‘Hyundai Motor Way’. The ‘Hyundai Motor Way’ will be powered by […]
In a recent sit-down with CNBC’s Jim Cramer, Ford CEO Jim Farley shared insights into the company’s future, its electric vehicle (EV) strategy, and its partnership with Tesla. The interview took place at Ford’s headquarters in Dearborn, Michigan. Farley revealed that Ford’s decision to partner with Tesla was driven by the reliability and extensive reach […]
NIO announced on June 20, 2023, that it has secured a significant equity investment from CYVN Holdings L.L.C., an investment firm majorly owned by the Abu Dhabi Government and focused on advanced and smart mobility. Under the terms of the share subscription agreement, CYVN Holdings will invest a total of $738.5 million in cash, subscribing […]
Hyundai Motor’s CEO announced on Tuesday that the South Korean car manufacturer is considering making its vehicles more compatible with Tesla’s charging standard in North America. Tesla’s Superchargers, which now make up about 60% of all fast chargers available in the U.S., have recently been adopted by Ford and General Motors. This charging technology is […]
Rivian has announced today a significant partnership with Tesla, granting Rivian drivers access to Tesla’s extensive Supercharger network across the United States and Canada. In a move consistent with its mission to electrify and reduce carbon emissions in transportation, Rivian is also slated to continue the expansion of its own Rivian Adventure Network. With the […]
The National Highway Traffic Safety Administration (NHTSA) has launched an investigation into the 2022 Hyundai Ioniq 5, following over two dozen consumer complaints regarding a loss of motive power in the electric compact crossover. The NHTSA’s Office of Defects Investigation has received 30 complaints from U.S. vehicle owners, many of whom reported hearing a “loud […]
Stellantis, the multinational automotive manufacturing corporation, announced on Tuesday that it is still considering Tesla’s charging standard. This statement follows the recent announcements made by Ford Motor Co and General Motors indicating they will adopt the standard. Stellantis in a statement to Reuters said, “We continue to evaluate the NACS standard and look forward to […]
According to the parliamentary budget officer, Canada’s exclusive contract with Volkswagen, for the establishment of an electric-vehicle battery plant in southwestern Ontario, will cost the federal government an estimated $16.3 billion over the next decade. This figure surpasses the government’s initial projections, which accounted for a $700 million capital investment and up to $13.2 billion […]
Swedish electric performance car brand, Polestar, announced significant updates to its 2024 Polestar 2 model today, while releasing Canadian pricing for this model year. With enhanced performance, new motors, and a variety of standard equipment, the upgraded versions are set to start deliveries in the summer of 2023. The updated Polestar 2 Long range Single […]
Toyota has announced its plans to launch a suite of high-performing battery technologies by 2026. The automotive giant is focusing on developing an advanced square battery that would increase the cruising range of the next-generation Battery Electric Vehicle (BEV) to an impressive 1,000 km. The battery is being hailed as the heart of the BEV, […]
Shanghai-based electric vehicle maker, NIO, is shifting gears in its marketing strategy with significant price reductions and significant changes to its service offerings, in a strategic move to bolster sales. From June 12, the starting prices for all new NIO models will see a reduction of RMB 30,000 yuan ($4,200). However, the previously free battery […]
