General Motors Canada and Unifor Local 88 announced yesterday they have reached a tentative deal that would see the automaker invest $1 billion in Ontario. The deal will involve the large-scale commercial production of a […]
Continuing a popular trend from 2020, Lucid Motors is considering going public through a merger with a special purpose acquisitions company (SPAC). The potential deal would see Lucid team up with one of Michael Klein’s […]
Mark your calendars. Tesla announced this morning it will release its financial results for the Q4 2020 and the full calendar year after markets close on Wednesday, January 27, 2021. Tesla has already revealed its […]
The Government of Canada is investing $1,119,000 to help Nova Scotia Power to establish an electric vehicle (EV) smart grid-integrated system. A pilot project will be launched this year to demonstrate and assess smart charging […]
Chinese Tesla rival Xpeng Inc has announced it has secured a $2 billion credit line to help expand its manufacturing and sales. The electric automaker, which has a market value of $35 billion, will receive […]
With the first deliveries of the Model Y expected to begin this month, Tesla sales figures in China should skyrocket very soon. Even before then, the automaker set a new monthly sales record in the […]
Tesla is looking to expand in a big way outside of its home state of California, as it is reportedly close to signing a deal for a massive building in Washington state. Black Creek Group […]
With the first deliveries of the R1T electric truck and R1S electric SUV scheduled to begin later this year, Rivian Automotive Inc. is seeing its valuation skyrocket as it seeks more investors. After securing more […]
Through a regulatory filing with the U.S. Securities and Exchange Commission (SEC), Tesla has announced this morning a new 2021 pricing agreement with Panasonic. The Form 8-K outlines the deal, effective from October 1, 2020 […]
The first big story of 2021 for Tesla is the introduction of the Model Y in China, with a low price and a number of new features. With the first deliveries expected to begin this […]
