Ford beat Wall Street expectations in Q2 with a net income of $1.9 billion and adjusted earnings before interest and taxes of $3.8 billion. This is big news for the Detroit-based automaker, which noted that […]
Days after Tesla announced its first sales and delivery centre in Connecticut, traditional OEM dealers are raising alarm bells. Similar to state laws in New Mexico, Connecticut requires automakers to sell vehicles through dealerships. However, […]
Some of the world’s largest automakers are joining forces in a new joint venture hoping to build thousands of EV chargers across the United States. The companies reportedly involved in the joint venture are BMW, […]
Tesla Energy has secured a second deal with Neoen to expand its Western Downs battery project in Queensland, Australia. Initially, the Western Downs battery project would include 140 Megapacks at a cost of $207 million. […]
Elon Musk appears to be preparing to argue for consideration in front of the US Supreme Court around his ongoing dispute over the SEC gag condition. According to Reuters, Musk hopes to take his battle […]
Tesla is recalling 1,337 vehicles in the US an issue with misaligned cameras in the vehicles. The misaligned cameras can lead to semi-autonomous systems such as forward collision avoidance to fail without warning. Tesla noted […]
During the Q2 earnings call, we learned that the Cybertruck will get a new version of the 4680 battery. This new energy-dense pack has around a 10% higher energy density. However, Tesla did not release […]
The second quarter of the year was not kind to Porsche Taycan sales. The company sold only 1,635 units of the electric sports car in the US in Q2, compared to 2,524 in the same […]
The Boring Company is close to completing its next phase of the Vegas Loop, which will connect Wynn Las Vegas to the existing Las Vegas Convention Center Loop. Wynn Resorts announced the news and noted […]
As more and more entrants enter China’s growing EV market, two of the world’s largest OEMs have decided to cut their EV prices for a limited time. Volkswagen announced that the ID.3 would be cut […]
