Lucid Group today announced its financial results for the first quarter of 2022 ended March 31. The electric vehicle (EV) startup reported a total of 360 customer deliveries for Q1, with total revenue of $57.7 million USD. In comparison, electric truck startup Rivian delivered 1,227 vehicles during the same period, while Chinese EV maker NIO […]

Elon Musk’s underground tunnel company continues to solidify building plans with some cities, and it recently got approval from one suburb of Austin, Texas to build a pedestrian tunnel. The Boring Company has gotten the green light from Kyle City Council to begin engineering working on a pedestrian tunnel, according to the Austin Business Journal. […]

As Apple’s mysterious self-driving car project continues to test and grow behind the scenes, a new patent related to the company’s possible car tech was published this week. The U.S. Patent and Trademark Office published a patent from Apple on Tuesday relating to autonomous driving and an advanced “Guidance System” that fine-tunes final destinations, according […]

Contemporary Amperex Technology Co. (CATL), one of the world’s largest manufacturers of batteries for electric vehicles (EVs), saw shares plunge after posting its quarterly earnings. CATL shares dropped off by 10.8 percent on Thursday after reporting its largest drop in quarterly earnings yet, according to Bloomberg. CATL’s net income dropped 24 percent to 1.49 billion […]

NIO plans to unveil the ES7 electric SUV at the end of the month, and a handful of pictures have surfaced showing the vehicle without any privacy wraps ahead of the release. The NIO ES7 was spotted in a series of photos without any camoflauge wrap, as shared on Thursday by Yiche (via CNEVPost). The […]

As Tesla’s Gigafactory Berlin-Brandenburg ramps up production, the automaker is already eyeing some expansion plans to give the company easier access to railways. Tesla wants to expand its Grünheide, Germany factory by another 100 hectares to build a freight station and storage areas, according to a report from RBB 24. Sources familiar with the matter […]

After reports last month said Tesla CEO Elon Musk was looking for co-investors to help him buy Twitter, a new filing shows a few specific firms and businesses the billionaire gained funding from. Musk got an extra $7.14 billion from new investors to help fund his Twitter takeover, according to a filing on Thursday reported […]

SpaceX has launched a new Starlink feature called Portability, allowing existing users to use their satellite internet service away from their home location, such as camping or visiting a friend’s house (via @SawyerMerritt). For $25 USD extra per month, the Starlink Portability feature “enables users to temporarily move their Starlink to new locations in order […]

Volkswagen sold just over 99,000 electric vehicles (EVs) during the first quarter of this year across all of its brands, including Porsche, Audi, and Škoda in addition to the main Volkswagen line  — reports the Financial Times. Output was lower than Volkswagen had hoped for due to supply chain constraints hampering global production. In fact, […]

After seeing Tesla finally deliver a Model S refresh with its left-right motorized tilt display, we now have a high-quality 4K hands-on with the feature, thanks to OCDetailing. The tilt display can be accessed by going to Controls > Display. From here, you can tap left, right or center, and the display will move in […]

Following Twitter’s acquisition for $44 billion late last month, one billionaire is questioning how the new owner’s guidance will affect the company. Bill Gates says Elon Musk “could make [Twitter] worse,” adding that onlookers should have an open mind and be careful not to underestimate him, according to a report from Business Insider. Gates made […]

Tesla has reportedly canceled employee bonuses tied to quarterly delivery quotas and is instead raising base employee salaries to compensate, according to a report from Electrek. However, the move away from delivery quota bonuses appears to reduce compensation for most Tesla employees overall. Sales and delivery employees were previously offered a 25-percent bonus on their […]

The Ford Mustang Mach-E has been available for over a year now in Europe, and the automaker is announcing a few improvements to the vehicle’s extended-range variants across the pond. Ford increased the braked towing capacity of the Mustang Mach-E to 1,000 kilograms for the extended range models in both the rear and all-wheel drives […]

After Polestar unveiled design update and new features for the Polestar 2 last month, the automaker has officially shared pricing for the upcoming version of the vehicle. Polestar has revealed pricing and design updates for the 2023 Polestar 2, as detailed in a press release shared on Wednesday. The Polestar 2 long-range single-motor variant will […]

As SpaceX’s operations at its Texas launch center grow, so too do the company’s power needs, as depicted in new plans to increase the site’s solar farm. SpaceX is expanding the on-site solar farm powering operations in Boca Chica, Texas by about 1.7 acres, according to documents seen by CNBC from the U.S. Fish and […]