GM executive compensation will be tied to EV targets
General Motors (GM) has committed to bring 30 new electric vehicle (EV) models to market and sell 2 million EVs by 2025, on their way to becoming an all-electric automaker by 2035. To show the […]
Tesla and other EV makers continue to face opposition to overturn ‘franchise law’ in Connecticut
Connecticut’s “franchise law” has been around since 1972 and stipulates that auto manufacturers must sell their cars through third-party dealerships. After five attempts in as many years to pass legislation that would allow the direct […]
Elon Musk’s Twitter purchase detailed in new 8K filing with SEC
Twitter announced yesterday it had come to an agreement with Elon Musk to purchase the social media company and take it private at a price of $44 billion. Today a new 8-K filing published by […]
Ford kicks off F-150 Lightning production, teases second electric pickup truck
Ford Motor Co. held a livestream event today to kick off production of the highly anticipated F-150 Lightning electric pickup truck. Held at the automaker’s new Rouge Electric Vehicle Center in Dearborn, Michigan, CEO Jim […]
Government of Saudi Arabia commits to buying up to 100,000 Lucid EVs
Lucid Group is strengthening its ties with Saudi Arabia announcing a new deal on Tuesday which will see the luxury automaker deliver up to 100,000 Lucid EVs to the kingdom. The deal covers a 10-year […]
Tesla still holds commanding lead in US EV sales despite increased competition
More Americans are buying electric vehicles (EVs) than ever before as they accounted for more than 5% of total car sales in the US in the first quarter of 2021. Despite an increasing number of […]
India says no to Tesla importing vehicles from China
Tesla has been lobbying the government of India to slash its import duties on electric vehicles (EVs) in an effort to expand into the fourth largest auto market in the world. Tesla wants to sell […]
Honda launches e:NS1 EV in China with online ordering
Japanese automaker Honda has announced its first electric vehicle (EV) developed in China, the e:NS1, is now on sale in the country. The SUV is essentially an electric version of the Honda HR-V and can […]
China’s NIO produces 200,000th electric vehicle
NIO has reached another significant milestone announcing on Tuesday they have now produced 200,000 electric vehicles (EVs). The impressive figure comes just over one year after NIO’s 100,000th EV rolled off the production line on […]
Lucid Air set for European debut in June or July: Report
Earlier this year Lucid revealed on Twitter they planned to expand into Europe sometime in 2022. Based on a recent report from Autocar, it looks like the Air electric sedan could launch outside of North […]
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