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FLO secures $136 million in Series E funding to accelerate EV charging solutions and infrastructure expansion

FLO announced that the company wrapped up their latest investment round during their Series E equity financing round. During this series, FLO raised $136 million of long-term capital, led by Export Development Canada. The investment […]

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Tesla sues Matthews International for $1 Billion over alleged trade secret theft in battery technology

Tesla has filed a lawsuit against Matthews International Corporation in the U.S. District Court for the Northern District of California, accusing the Pittsburgh-based supplier of misappropriating trade secrets related to Tesla’s dry electrode battery manufacturing […]

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Tesla begins offering Model 3 SR+ reservation holders in North America the option to switch to LFP battery [Update]

Tesla introduced lithium iron phosphate (LFP) battery packs to the Standard Range Plus (SR+) Model 3 in China last year, and more recently the Standard Range Model Y. The batteries are heavier than the current […]

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