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Lucid Motors committed to Saudi Arabia manufacuring facility as part of $1 BN investment from Saudi wealth fund in 2018
In 2018 the Saudi Public Investment Fund (PIF) invested more than $1 billion in luxury electric car maker Lucid Motors. As part of that deal, Lucid apparently promised to build an assembly plant in Saudi […]
Hackers gain access to over 150,000 surveillance cameras, including over 200 at Tesla
A group of international hackers say they have gained access to Silicon Valley startup Verkada and their live feeds for over 150,000 surveillance cameras, including many at Tesla. The breach, first reported by Bloomberg, impacts […]
GMC releases new video of Hummer EV winter testing, announces reveal date for SUV version
Since its unveiling last year, the vast majority of videos of the GMC Hummer EV in motion have been computer generated. This week the automaker released a new video showing the vehicle under its own […]
LG looking to make 4680 battery cells for Tesla in 2023
LG Energy Solutions aims to build Tesla 4680-cells by 2023. To support this, LG is considering potential production sites in both Europe and the United States. The new potential production sites would produce the 4680 […]
New Street Research Tesla price target increased, rating upgraded to buy
New Street Research analyst Pierre Ferragu has updated his outlook on Tesla (TSLA), upgrading the electric automaker to a ‘Buy’ rating and also increasing his price target to $900. With a previous price target of […]
Kia EV6 teased ahead of international debut later this month
Kia’s has released some teaser images and videos of its first dedicated electric vehicle (EV), the EV6. It will be the first of Kia’s next-generation EVs to be developed under a new design philosophy that […]