Volkswagen, Audi, Porsche, and Scout Motors have announced their commitment to implement Tesla’s North American Charging Standard (NACS) in their future electric vehicles starting in 2025. This move is set to significantly enhance the charging experience for EV customers in North America. Back in June, Volkswagen said it was “evaluating” supporting NACS, and now it […]
Chinese electric vehicle maker NIO has announced a significant financial boost with a $2.2 billion USD investment from CYVN Holdings L.L.C, an Abu Dhabi-based investment firm. This investment, referred to as the December Investment Transaction, involves CYVN subscribing for 294,000,000 newly issued Class A ordinary shares of NIO at a purchase price of $7.50 per […]
AT&T and Rivian have entered into an agreement, marking a significant step in AT&T’s sustainability efforts. Under this partnership, AT&T will integrate Rivian electric vehicles (EVs) into its commercial fleet starting in early 2024. This pilot program is part of AT&T’s broader initiative to improve safety, reduce operational costs, and diminish its carbon footprint. The […]
Cruise, General Motors’ troubled self-driving car subsidiary, announced it is laying off approximately 900 employees, equating to 24% of its workforce. This decision is part of the company’s strategy to reduce costs and restructure operations following an incident on October 2, which involved a pedestrian being struck and dragged by one of its autonomous vehicles. […]
Ford is set to cut the production of its electric F-150 Lightning pickup by half in the coming year, responding to changes in market demand. This decision marks a significant scale-back for the automaker, which had previously ramped up efforts to increase production of the high-profile electric vehicle (EV). An internal planning memo obtained by […]
Masahiro Moro, the newly appointed global CEO of Mazda, is steering the company towards a future heavily invested in electric vehicles (EVs). Moro, who previously led Mazda’s North American operations to record U.S. sales, is now focused on launching Mazda’s first dedicated electric vehicle platform. By 2030, Mazda anticipates up to 40% of its global […]
Kia’s upcoming luxury SUV, the EV9, slated for a 2024 release in Europe, Asia, and the US, is set to be one of the first vehicles equipped with a sound system specifically designed for electric vehicles. British audio experts Meridian Audio have developed this 14-speaker system, tailored to meet the unique acoustic challenges of electric […]
Kyle Vogt, the co-founder of Cruise who led the company from a startup to its acquisition by General Motors (GM), has resigned from his CEO position. This development was revealed in an email Vogt sent to employees, as reported by TechCrunch, which obtained a copy of the email. Following Vogt’s departure, GM Chair and CEO […]
Polestar has announced a strategic partnership with Tesla to connect to its Supercharger network in China. The announcement, made by Polestar China CEO Shen Ziyu, positions Polestar as one of the first partners to share Tesla’s charging infrastructure in the region. This development is a significant step in Polestar’s plan to establish its own charging […]
Mercedes-Benz has launched its first Mercedes-Benz Charging Hub in Sandy Springs, Georgia, at the headquarters of Mercedes-Benz USA. The company first announced its charging network plans back in January. This hub marks the beginning of a widespread network of premium electric vehicle (EV) charging stations across North America, as part of Mercedes-Benz’s over $1 billion […]
Lucid Group has announced the launch of RangeXchange, a novel vehicle-to-vehicle (V2V) charging adapter. This technology allows Lucid Air owners to charge other electric vehicles directly, leveraging the bi-directional charging capability and proprietary software embedded in every Lucid Air. A photo was shared showing a Lucid Air charging a Tesla Model S, with the charging […]
In the third quarter of 2023, Rivian reported significant advancements in its production capabilities and financial performance, marking its strongest quarterly production rate to date with over 65,000 units annually. The company’s financial results have positively reflected these improvements, with a notable increase in production guidance to 54,000 units for the year. The EV manufacturer […]
Lucid Group has announced its third-quarter financial results, with revenues reaching $137.8 million, attributed to the delivery of 1,457 vehicles, below Wall Street expectations of over 2,275 cars delivered and $177 million revenue. The company has begun production of the Lucid Air Pure RWD and Lucid Air Sapphire, completing its Lucid Air series. Amidst these […]
Cruise, a subsidiary of General Motors, has come under scrutiny for the safety of its autonomous vehicles (AVs), particularly regarding their ability to detect and appropriately respond to children. Internal documents obtained by The Intercept have revealed that Cruise’s driverless cars have struggled to recognize children, posing a risk of collision in certain scenarios. The […]
Lucid Group has announced a significant update to its charging infrastructure strategy, revealing that Lucid electric vehicles (EVs) equipped with the Combined Charging System (CCS) will gain access to over 15,000 Tesla Supercharger stations across North America starting in 2025. This development comes as Lucid prepares to incorporate Tesla’s North American Charging Standard (NACS) into […]
