Honda shows the Prologue EV in video
The Honda Prologue EV is coming in 2024, but the carmaker has revealed what it looks like in a video. Apart from the Prologue, Honda has teamed with Sony to sell EVs from 2025. Honda may […]
Ford reports $667 million profit on $40.2 billion revenue in Q2 2022
Ford has reported its performance for the second quarter of 2022. The company generated $667 million on top of $40.2 billion in revenue. The profit was 19 percent better year-on-year, and it comes after Ford […]
Toyota cuts production by 4,000 vehicles in July due to rain
Toyota is battling with the elements as heavy rains have disrupted its supply chain. As a result, the company will cut production in Japan by 4,000 vehicles this month, as reported by Auto News. Heavy rains […]
Tesla China’s Q2 revenue down by 18.56 percent
Tesla’s operation in China has reported that its revenue dropped 18.36 percent during the second quarter of 2022. The company raked in $3.8 billion in the period in China. This was revealed in Tesla’s Form 10Q […]
Volkswagen starts ID.4 production in the US
Volkswagen has started manufacturing the electric ID.4 SUV on American soil, as reported by Electrek. The German company operates out of its plant in Chattanooga, Tennessee, with the ID.4 as its first EV produced and […]
Sono to keep Sion at $26,000 despite inflation
Sono Group of Germany is committed to selling its solar electric vehicle (SEV), the Sion, starting from $26,000 before taxes, even though inflation continues to bite. The startup made the assurance in a statement. Thanks to […]
Redwood Materials plans $3.5 billion Nevada plant
Redwood Materials, a company founded by Tesla co-founder, is making a big bet on EV batteries. The company plans to set up a $3.5 billion factory in northwest Nevada, where it will produce battery materials, […]
Tesla setting up first Supercharger station in Turkey
Tesla is expanding its Supercharger footprint globally, and Turkey is the latest country to come on board. The popular EV maker has started constructing its first Supercharger station in the northwestern province of Bolu. In […]
Latest funds Tesla applies for require Superchargers to be open
Tesla wants to expand its Supercharger network and is applying for public grants, as the Wall Street Journal reports. To the delight of non-Tesla owners, one of the requirements is that the Superchargers should not be exclusive […]
Tesla’s soaring shares spell disaster for short sellers
Tesla’s shareholders are happy to see their stock rise in value. However, Tesla short sellers are bleeding heavily on their gamble as of late. Despite Tesla’s astounding success in recent years, some investors are willing […]
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