Latest News

Diess expects VW EVs to be as profitable as their ICE vehicles sooner than expected
The Volkswagen group is excepting their electric vehicles (EVs) to be as profitable as their internal combustion engine (ICE) vehicles sooner than planned. Previously, VW predicted that it would take between two and three years. […]

Tesla’s entry plan to India is on hold
Tesla’s entry plan to India is on hold after the company and Indian officials reached a deadlock over tariffs. As per the reporting by Reuters, the deadlock is over import tariffs on Tesla’s vehicles. The […]

Ford working to bring LFP batteries to its first generation EVs ‘quickly’
Ford is planning on bringing lithium iron phosphate (LFP) batteries to its lineup of first generation electric vehicles sooner rather than later. During Ford’s recent Q1 earnings call, CEO Jim Farley said the company has […]

Ikea partners with SunPower to offer residential solar panels in the US
The next time you visit Ikea you might not only be able to buy a Poäng chair but also solar panels for your home. The Swedish retail giant is partnering with residential energy services provider […]

Elon Musk may not need his Tesla margin loans to fund Twitter purchase
According to a report by Bloomberg Law, Elon Musk is attempting to obtain enough equity and preferred financing for his proposed takeover of Twitter to avoid the requirement for a $6.25 billion margin loan tied […]

Tesla raises Supercharger fees in the US
Canadians Tesla owners aren’t the only ones experiencing increases in Supercharger fees as the automaker has also raised fees in the US this week by about 20%. Tesla appears to have increased the rates on […]