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Tesla sells Maxwell Technologies two years after acquiring it, but maintains dry electrode technology
In May 2019 Tesla acquired Maxwell Technologies for over $200 million in TSLA stock and cash. The purchase gave the automaker the rights to Maxwell’s ultracapacitor business, but also more importantly their dry electrode technology […]

Argo AI and Ford partner to launch self-driving vehicles on Lyft network by end of 2021
Autonomous driving technology company Argo AI and Ford are partnering with Lyft to bring the first self-driving vehicles to the ride-hailing service later this year. The robotaxis are expected to launch first in Miami in […]

ChargePoint agrees to buy leading European EV charging software platform has·to·be for €250 million
ChargePoint has announced it has reached an agreement to acquire has·to·be, one of Europe’s leading electric vehicle (EV) charging software providers for €250 million ($373M CAD). The deal is expected to close later this year […]

Ford follows Tesla’s lead and introduces cheaper Mach-E that qualifies for incentives in China
Earlier this month Tesla added the Standard Range (SR) Model Y to its lineup in China. The automaker aggressively priced the electric SUV under ¥300,000 ($58,800 CAD) so that it can qualify for local incentives. […]

Tesla shareholders can now submit questions for the Q2 2021 earnings call next week
Tesla shareholders can now submit their questions to be asked during the Q2 2021 earnings call scheduled for July 26. To participate, shareholders have to link their brokerage account with the ‘Say’ Q&A platform. Once […]

Tesla reduces cost of HW3.0 upgrade for Full Self-Driving (FSD) subscribers
Tesla finally released their Full Self-Driving (FSD) subscription service in the U.S. last week. Priced at $199 per month, owners opting for the subscription whose cars were equipped with the older HW2.5 computers would be […]