Electric vehicles (EVs) are gaining traction, with many major automakers announcing huge investments to outfit production facilities for electrification. BMW announced plans to invest one billion euros ($1.05 billion USD) by 2030 into its Steyr, Austria car assembly plant, for the development and production of next-generation EV powertrains, according to a statement from the automaker […]
A special purpose acquisition company (SPAC) merger is set to go through with Polestar this week, putting the Swedish automaker (owned by Volvo and Chinese parent Geely) on the Nasdaq as soon as Friday. Polestar and Gores Guggenheim are expecting to raise $850 million through the SPACE merger, according to statements from the companies on […]
Last week, Elon Musk addressed Twitter employees for the first time since the initial $44 billion offer, and now the company’s board of directors has officially endorsed the takeover. The Twitter board of directors unanimously urged the company’s investors to approve Musk’s takeover of the social media site on Tuesday, according to an SEC filing, […]
Tesla inked a deal with Australia’s Core Lithium in March, and the company is now officially getting ready to send its first mineral shipment out to the electric automaker. Future Tesla supplier Core Lithium Ltd. is expecting its Finniss, Australia project to have the first shipment of minerals out by the end of this […]
Tesla’s Director of Autopilot Software, Ashok Elluswamy, shared on Tuesday the company’s Autopilot team is at the IEEE / CVF Computer Vision and Pattern Recognition Conference (CVPR) this year in New Orleans. “The Tesla Autopilot team is at CVPR this year! If you are in New Orleans, do stop by the booth, talk to the […]
While SpaceX head Elon Musk was lauded throughout much of the Western world for his move to send Starlink internet and hardware to Ukraine, but China saw it a little bit differently. Musk’s move to supply Ukraine with Starlink satellite kits has caused increasing pressure from Beijing’s national security and data hawks, according to the […]
After a pair of former Tesla Nevada employees sued the automaker over job cuts, CEO Elon Musk says the layoffs will actually affect a smaller amount of employees than many expect. Musk said that the job cuts at Tesla will affect only 3.5 percent of Tesla’s total workforce, saying that the actual amount is “not […]
Here’s a list of all the new Tesla Superchargers that opened up across the globe this past week, courtesy of data from Supercharge.info and the TMC Forums: Date Opened Location Number of Stalls Power Rating Official Listing June 14, 2022 Hotellplan 2, Gäddede, Sweden 3 250 kW Tesla June 14, 2022 Hai’an St, Budai Township, Chiayi County, […]
Tesla, SpaceX CEO Elon Musk is scheduled to appear at this year’s Qatar Economic Forum in Doha, Qatar. The Qatar Economic Forum is an annual gathering of world leaders and entrepreneurs organized by Bloomberg. For this year’s event, the organizers settled on the theme “Equalising the Global Recovery.” The event will run from June 20 […]
Petro-Canada has more than doubled its electric vehicle charging rates in Quebec, Canada. After Suncor-owned Petro-Canada completed its coast-to-coast DC fast chargers (Level 3) back in January 2020, it has raised pricing in Quebec by 125%. Charging rates in Quebec are now at $0.45 CAD per minute ($0.35 USD), up from $0.20 CAD. Based on […]
After design firm von Holzhausen teased a “Caramel” vegan leather upgrade for a Tesla Model S last week, the new product has been unveiled on Monday, part of a custom offering from Unplugged Performance, an aftermarket parts maker for Tesla vehicles. These new handmade interiors will leverage von Holzhausen’s proprietary Banbū Leather with 83% plant-based […]
NIO’s ES8 has been making waves since being unveiled in 2018, and for the first time, a popular U.S.-based auto manufacturing expert has shared his review of the electric SUV, which is the Chinese automaker’s first model sold in Europe, debuting last summer. A new segment of Sandy Munro’s Munro Live shows off the NIO […]
After Tesla’s vehicles were briefly barred from certain areas of Chengdu, China during President Xi Jinping’s recent visit to the central city, another area of the country is also set to ban Tesla’s cars starting on July 1. Tesla’s cars are being prohibited from entering China’s coastal district, Beidaihe, for at least two months while […]
Corporate customers of Tesla’s arm in China are being asked to pay back subsidies on electric vehicle (EV) purchases due to not being driven enough. Tesla is asking some corporate customers to return purchase subsidies in China, after the vehicles failed to achieve the requirements allowing them to get the subsidies, according to CnEVPost. A […]
After Tesla CEO Elon Musk said the automaker would be cutting 10 percent of salaried staff, the company faces yet another lawsuit from former employees claiming they were laid off without proper notice. Tesla is being sued by two former employees of its Nevada factory, alleging that the automaker violated U.S. laws against mass layoffs […]
