Hertz is dealing with substantial financial setbacks after its ambitious investment in electric vehicles (EVs) backfired, leading to a fire sale of thousands of EVs in an attempt to reduce mounting depreciation costs and stabilize […]
President-elect Donald Trump has named Elon Musk and Vivek Ramaswamy to head the new Department of Government Efficiency (DOGE). Though unofficial, DOGE is intended to reshape the government from the outside, aiming to reduce waste, […]
Waymo has opened its fully autonomous robotaxi service to everyone across Los Angeles. Starting this week, Los Angeles residents and visitors can use the Waymo One app to hail a self-driving car anywhere within nearly […]
Volkswagen and Rivian have officially kicked off their $5.8 billion joint venture, a strategic partnership aimed at developing next-generation software and electrical architecture for electric vehicles (EVs). The collaboration between the two companies marks a […]
Lucid, known for its luxury electric sedans, may soon be entering the world of law enforcement. The automaker has modified an Air sedan to take part in a series of rigorous tests put on during […]
SpaceX has partnered with South Korea’s LG Energy Solution to supply cylindrical lithium-ion batteries for its Starship program. This collaboration marks the first long-term contract between SpaceX and a third-party battery supplier for Starship, as […]
The National Highway Traffic Safety Administration (NHTSA) has issued a formal warning to Tesla, urging the company to clarify its messaging around the capabilities of its Full Self-Driving (FSD) system. In the letter the NHTSA […]
Tesla has rejoined the prestigious $1 trillion market cap club on November 8, 2024, following a significant stock rally after Donald Trump’s re-election as President of the United States earlier in the week. Tesla’s shares […]
Rivian has reported mixed earnings results for Q3 2024, revealing both significant setbacks and progress in critical areas. While the company fell short of Wall Street expectations, Rivian maintains an optimistic outlook, projecting its first-ever […]
Lucid has reported its Q3 2024 financials, and the automaker is ending the year with some momentum as the launch of the Gravity SUV is on the horizon. Last month the Lucid reported its production […]
