Rivian has announced plans to add up to $1.3 billion to its bank accounts through the sale of green convertible senior notes to institutional buyers. The capital raise comes less than one week after the […]
The Government of Prince Edward Island (PEI) has announced some changes to its electric vehicle (EV) rebate program that now makes new Tesla vehicles eligible for the rebate. The price limit for used EVs has […]
Tesla has quietly begun deliveries of the Model S and Model X equipped with their latest Hardware 4.0 (HW4/AP4) self-driving computer. The deliveries have started even though Tesla hasn’t officially announced anything related to HW4, […]
The wind of price cuts may be blowing through the EV industry, but one brand that is not planning to follow suit is Polestar. The luxury EV maker has confirmed it won’t follow Tesla’s lead […]
VinFast has finally delivered its first electric vehicles outside of its home country of Vietnam, handing over the first 45 units of the VF8 electric SUV to customers last week in California. VinFast shipped over […]
Tesla has issued a recall for 3,470 Model Y SUVs over concerns some of the second-row seatback may not be properly fastened, which could cause a reduction in the seat belt system’s performance. Unlike the […]
Tesla has issued another round of price cuts on Sunday evening, reducing the price of both the Model S and Model X in the US. However only the Model X saw a price reduction in […]
Ford has announced plans to boost EV production in North America as demand increases. The automaker will expand its manufacturing plants throughout the continent. Ford will step up the manufacture of the Mustang Mach-E, F-150 Lightning, and E-Transit EVs […]
The largest battery energy storage in Europe has opened in the UK. The project, which uses Tesla’s Megapack batteries, is located at Pillswood near Cottingham, East Yorkshire, and cost £75 million. The energy storage center will help […]
Rivian is sticking to its production target of 50,000 electric vehicles for 2023, despite a Bloomberg report that claimed the company’s executives said the number could be as high as 62,000. As clarified by a Rivian […]
