GM plans to increase production of the electric Hummer as reservations surpass 65,000 units, according to CNBC. The GMC Hummer EV can already be purchased, though high levels of demand make it likely that customers won’t receive their orders until around 2024. Despite the fact that the number of reservations is more than initially expected, […]
Ark Invest’s Cathie Wood has been bullish on Tesla and other electric vehicle (EV) stocks, and a recent move shows her shifting her portfolio towards Chinese EV maker, NIO. Wood sold 145,977 shares in Tesla and purchased 420,057 shares in NIO on Friday, March 25, according to The Motley Fool. ARKK sold 117,857 Tesla shares […]
As Russia invades Ukraine, nickel prices have jumped significantly due to sanctions, resulting in price increases for Tesla’s electric vehicles (EVs) and others that use the mineral for their batteries. Tesla’s many nickel contracts established over the past few years have allowed the company to withstand the market’s current supply shortages, according to a report […]
Tesla recently released its Full Self-Driving (FSD) beta 10.11.1 in Canada, now available for those with Safety Scores of 100 and 99. As expected, the first excited owners in Canada to test FSD beta have shared videos on YouTube. The videos below show FSD beta 10.11.1 tackling roundabouts, snowy roads on roads with no lane […]
Lotus announced on Tuesday its new electric SUV, the Eletre, set to debut in 2023 for markets in China, the UK and Europe. The Eletre has all-wheel drive and will come packed with a 100kWh battery and power from 600 horsepower. It can be recharged with 350kW charger to provide 400km of range in 20 […]
Tesla CEO Elon Musk says the expansion of its Full Self-Driving (FSD) beta will reach Europe this summer. Musk said on Tuesday afternoon, “FSD Beta should be available in Europe for [left hand drive] this summer, [right hand drive] a few months later.” The Tesla CEO added, “these dates depend on regulatory approval.” FSD Beta […]
Vietnam-based automaker, VinFast, a subsidiary of Vingroup, announced on Tuesday it will build its first electric vehicle factory in the United States. The factory will see $2 billion for its first phase of construction, located in North Carolina on an 800-hectare plot of land, with an annual production capacity of 150,000 cars per year. Construction […]
The Canadian government announced on Tuesday it will be investing $937,250 CAD ($750,128 USD) to bring 107 electric vehicle chargers to the province of New Brunswick. The EV chargers will be installed by NB Power across the province, funded by Natural Resources Canada’s Zero-Emission Vehicle Infrastructure Program (ZEVIP). Locations will include public places, multi-unit residential […]
The launch variant of the Lucid Air, the Dream Edition, was delivered at a special event last year, and despite only having a small number of electric vehicles (EV) on the road, the sedan is making headlines. @Cars.com shared a post naming the 2022 Lucid Air Dream Edition its Top Pick for a luxury EV […]
Rivian announced plans to hire “dozens of local workers” at an upcoming Atlanta service center, according to Biz Journals. The automaker will renovate a warehouse beside Atlanta Brewing Co. on Defoor Hills Road to outfit it with a mechanic shop, parts storage, a wash bay, and employee and customer areas, as detailed in a permit […]
After the Securities and Exchange Commission reiterated that Tesla CEO Elon Musk should abide by his Twitter oversight agreement, Musk has leveraged the lyrics of the ‘Real Slim Shady’, in a new federal court filing. Musk quoted lyrics from rapper Eminem in a filing on Tuesday with a Manhattan court, requesting again to have the […]
The Spokane, Washington City Council approved just under $2.4 million to be spent on police vehicles on Monday, including as many as eight electric vehicles, according to The Spokesman-Review. The funding will be dedicated to a total of 35 police vehicles, set to replace an aging fleet. The vote on Monday will oversee the purchase […]
Tesla’s Gigafactory Berlin is officially delivering vehicles, and one observer showed off a Model Y Performance in what appears to be the electric SUV’s first delivery, from the Tesla service center in Mannheim, Germany. @Samuel_glb shared videos and photos of the newly delivered made-in-Germany Tesla Model Y Performance on Tuesday, saying two trucks arrived at […]
The Mayor of London’s Energy Efficiency Fund (MEEF) announced plans to provide capital to a private company deploying a number of electric vehicles (EVs) to London drivers. Vehicle-as-a-service company Breathe will supply 100 Tesla Model 3 units court to London’s many private hire drivers, even including Uber, according to an announcement on Monday reported by […]
Tesla CEO Elon Musk announced on Monday evening the Canadian release of Full Self-Driving (FSD) beta continues, with more downloads hitting those owners with Safety Scores of 99 out, tonight. Earlier today, FSD beta downloads expanded in Canada for those with perfect 100 Safety Scores. But tonight, Musk says FSD beta will expand to more […]