Electric vehicle maker Rivian has announced its Q1 2022 earnings, revealing it produced 2,553 vehicles, while delivering 1,227 of them and generating $95 million in revenue. However, Rivian’s net loss in Q1 was $1.59 billion, compared to $410 million in the year-ago quarter, nearly quadrupling. “Since March 31, 2022, we have been forced to stop […]

Last week, Tesla CEO Elon Musk was asked when the next version of Full Self-Driving (FSD) beta would be released. Musk said the next FSD beta version 10.12 would “probably” start rolling out this week, either on Wednesday or Thursday. Fast forward to this week, and Musk has provided an update on FSD beta 10.12. […]

Hirokazu Umeda, chief financial officer (CFO) of Panasonic, said during a post-results briefing that the company is being asked by Tesla to increase the supply of 2170 battery cells and to speed up the development of its next-generation 4680 batteries — reports Bloomberg. Following news of Panasonic pondering a new U.S. battery factory in Oklahoma or […]

Volkswagen confirmed on Wednesday it will re-launch its Scout brand in the U.S., as an independent company to design an electric pickup and SUV. The news comes after earlier reports said Scout would relaunch as electric only. The company shared a sketch of what the Scout electric SUV and pickup could look like. Production of […]

The growth in electric vehicle (EV) popularity is well underway with consumers, just as new EV registrations are increasing in the U.S. market. The U.S. saw EV registrations surge by 60 percent in Q1, with Tesla leading the charge and Hyundai and Kia both helping in the push, according to Experian data, reports Automotive News. […]

Tesla CEO Elon Musk emphasized how high the demand for the automaker’s electric vehicles (EVs) is right now, saying the automaker may need to pause orders or stop them altogether for new cars. Musk says Tesla may stop taking orders for some of its models due to long delivery timelines, according to his interview with […]

Demand for Teslas, and electric vehicles (EVs) in general, is sky-high right now, with supply issues exacerbating delayed delivery timelines in recent weeks. Tesla has updated its Model 3 order page to include a delivery timeframe instead of showing a specific delivery month, reflecting the automaker’s U.S. orders (via @Tesla_Adri). In addition to the switch, […]

The transition to electric vehicles (EVs) is causing brands to revisit old classics, including one Volkswagen classic set to debut on the EV stage. Volkswagen plans to renew the classic Scout as both an electric SUV and an electric pickup, according to a report on Tuesday from The Wall Street Journal. The vehicle, originally marketed […]

Tesla CEO Elon Musk tweeted he had funding to take Tesla private in 2018, though a judge recently ruled his since notorious “funding secured” tweet was actually inaccurate. A court said that Musk’s 2018 tweet claiming he had secured funding to take Tesla private included “nothing concrete,” about Saudi Arabia’s funding, according to Reuters. The […]

After Tesla’s 22-day production halt at its Gigafactory Shanghai, the automaker is officially exporting cars once again after not exporting any in April. Tesla exported its first vehicles from Gigafactory Shanghai since reopening, a 4,767 car shipment headed for Slovenia, according to Reuters. Originally reported by China-backed newspaper the Shanghai Observer, the shipment left on the […]

Tesla CEO Elon Musk was a keynote interview at the Financial Times: Future of the Car conference on Tuesday, chatting with Peter Campbell, the publication’s Global Motor Industry Correspondent. Musk chatted about Tesla’s ambitions, self-driving AI, Twitter, Donald Trump and also how humanity needs to be multi-planetary. The beginning of the interview Campbell was joined […]

Justin, Texas-based electric vehicle startup Canoo announced its Q1 earnings on Tuesday, and the company says it’s running out of cash and may not be able to continue. “We have been clear about our philosophy of raising capital judiciously and will continue with this disciplined approach,” said Tony Aquila, Investor, Chairman & CEO at Canoo, […]

Apple has officially been granted a new patent from the U.S. Patent and Trademark Office (PTO) for an electric vehicle (EV) charger featuring a docking process that would allow for both autonomous charging and for drivers to be able to charge without ever leaving their car — reports Patently Apple. The automotive industry as a […]

Tesla’s auto-park feature is set to gain approval in another region, as autonomous vehicles begin to make their way into government discussions around the world. Israel’s Ministry of Transport and Road Safety is readying to allow driverless parking, according to a report on Monday from Globes. Currently, ministry regulations don’t allow cars to be moving […]

After Tesla faced scrutiny in the last two years over allegations of faulty brakes, one owner propagating some of those allegations has apologized and admitted that he was wrong. On Monday, a Tesla owner in China admitted to fabricating facts about faulty brakes on his Tesla and went on to apologize, according to CnEVPost. The […]