Henrik Fisker has informed employees that discussions are ongoing with four major automakers regarding a potential acquisition of Fisker. This announcement was made during an all-hands meeting held on Thursday, as reported by Business Insider, […]
Tesla is offering a new financing incentive in China, giving customers the option to purchase a Model 3 or Model Y from existing inventory with no down payment. According to a post from Tesla official […]
Honda has officially announced a massive $15 billion investment to establish a comprehensive electric vehicle (EV) manufacturing ecosystem in Ontario. The investment includes the construction of four new facilities and is projected to create thousands […]
A class action lawsuit has been filed against Rivian, alleging the automaker failed to disclose important information to investors. Filed in the United States District Court for the Central District of California this week, the […]
Tesla announced their new Model 3 Performance this week, with more horsepower, more acceleration, and design features unique to the top-of-the-line electric sedan. While Canada will be getting the Model 3 Performance, it will be […]
Ford has seen a surge in electric vehicle (EV) sales in the first quarter of 2024, but the transition to electric continues to pose serious financial hurdles for the automaker. In the first quarter of […]
Fisker might commence bankruptcy procedures as early as the middle of May, according to a filing with the US Securities and Exchange Commission, SEC. The embattled company has not been able to attract an investor to secure a lifeline. Fisker defaulted […]
Tesla Energy storage deployments reached a record level in Q1 2024, according to the company’s reporting. The manufacturer expects the business’ deployment and revenue growth to exceed its automotive business in 2024. On Tuesday, Tesla […]
Tesla has finally started deploying its latest V4 Superchargers in Canada, with not one but two V4 stations currently under construction, one in BC and another in Alberta. Tesla first started deploying its V4 Superchargers […]
Tesla continues to shed employees as the company plans to layoff 2,700 employees from Giga Texas alone, according to a Worker Adjustment and Retraining Notice (WARN) submitted to the authorities. Information contained in the notice […]
