Rivian has published their Q1 2022 earnings report after markets closed on Wednesday, missing Wall Street estimates and posting a net loss of $1.6 billion. According to the report, Rivian recorded $95 million in revenue […]
US Judge Edward Chen determined that Elon Musk’s 2018 tweets about funding secured were inaccurate and reckless. As per reporting by Reuters, this statement comes from a pre-trial decision from the bench. Evidently, this is […]
Waymo has officially opened up its downtown Phoenix service to a small group of test riders. Any Phoenix resident can become a Waymo One Trusted Tester. The company offers rides around downtown Phoenix between Camelback […]
Panasonic has been feeling the pressure to ramp up development of Tesla’s next generation 4680 battery cells. The company’s chief financial officer Hirokazu Umeda revealed on Wednesday that while Tesla is seeking faster development of […]
Volkswagen is about to launch an EV off-roading brand in the United States called Scout. Scout will produce an all-electric pickup truck, and a rugged off-road SUV meant for the US market. According to Tech […]
The Windsor Essex region in Ontario has lost the opportunity for a $2 billion LG Chem plant, but the reason behind the decision is a bit of a headscratcher. As per the head of Invest […]
Motional’s rollout of Hyundai IONIQ 5 robotaxis in Las Vegas looks to be on track for a release next year. Previously, Hyundai announced they reached a deal with Motional to provide their broader robotaxi fleet […]
Ford Motor Co. confirmed in a Form 4 filing with the U.S. Securities and Exchange Commission (SEC)Â on Tuesday that it has sold 8 million of its shares in Rivian (RIVN). Each share was sold for […]
Even though Giga Shanghai is Tesla’s primary vehicle export hub, last month’s COVID-19 lockdowns that resulted in a 22 day shutdown of the factory meant they were unable to ship any new vehicles to other […]
Tesla has already opened up their Supercharger network to owners of other electric vehicles (EVs) in several European countries. The automaker launched their pilot project in Europe because they would not have to incur the […]
