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Volkswagen Group Components Opens First Battery Recycling Plant
Today in Salzgitter, Volkswagen Group Components has opened its first recycling plant for electric vehicle batteries. The Volkswagen Group has a goal to achieve a recycling rate of over 90% for their electric vehicle batteries. […]

Argus Research boosts Tesla (TSLA) price target to $1,010
A second analyst has given Tesla a price target above $1,000, as Argus Research increased its target by 30% on Friday. Following Tesla’s Q4 2020 and full year earnings announced earlier this week, analyst Bill […]

Faraday Future joins the SPAC party, announcing plans to go public
Faraday Future announced plans to go public through a reverse merger with a Special-purpose acquisition company (SPAC), becoming yet another electric vehicle (EV) company to do so in the last year. The deal would see […]

Tesla’s FSD subscription service coming within two months
During Tesla’s Q4 Earning’s Call, CEO Elon Musk confirmed that Tesla will roll out a Full Self-Driving (FSD) subscription service within the next two months. Costing $10,600 CAD, Tesla’s FSD is the program and framework […]

General Motors to phase out gas cars and be fully electric by 2035
General Motors announced this morning plans to be carbon neutral by 2040 in its global products and operations. To help get there, the automaker will end production of gas powered light-duty vehicles by 2035. The […]

Tesla Had Preliminary Discussions About Licensing Autopilot to Other OEMs: Elon Musk
During Tesla’s Q4 earnings call, Elon Musk made a statement that Tesla has had preliminary discussions about licensing Autopilot to third-party Original Equipment Manufacturers (OEMs). Autopilot enables Tesla’s electric vehicles to automatically steer, accelerate, and […]