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Fort Lauderdale gives green light to begin negotiations with The Boring Company for underground tunnels
Elon Musk’s The Boring Company (TBC) has passed another hurdle and is one step closer to building a pair of underground tunnels in Fort Lauderdale, Florida. At a meeting on Tuesday, city commissioners voted 4-1 […]

Stromvolt to build Canada’s first lithium-ion battery cell factory
Stromvolt Americas Inc. has announced it intends to build Canada’s first lithium-ion battery cell manufacturing facility, likely in Quebec. The Toronto-based company says it has signed agreements with Taiwan’s Delta Electronics to build the factory, […]

SolarCity suit demands Musk pay back $9.4 billion
According to Tesla investors filing in a Delaware court, the group believes Elon Musk should repay Tesla $9.4 billion over the SolarCity deal. The court filing argues that Musk received benefits for pushing the acquisition […]

Volvo plans $2.9 billion IPO to fund EV ambitions
Volvo, the Swedish-based automaker, announced that the company would sell shares to fund its EV transformation strategy. According to the announcement, the companies parent company, Geely, has applied to hold an initial public offering on […]

Tesla Model 3 was the top-selling car in the UK, Model Y #1 in Denmark in September 2021
Tesla is beginning to show its dominance in markets outside North America, even before the opening of Giga Berlin. The Model 3 and Model Y were not only the top-selling electric vehicles (EVs) in the […]

The Taycan continues to be one of Porsche’s best sellers in the US, outselling iconic 911 in Q3 2021
While many automakers have seen large declines in their sales in 2021 due to the ongoing chip shortage, Porsche is one automaker that has been able to keep their sales relatively steady. During the three-month […]