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Rivian Hit with Class Action Lawsuit Over Alleged Misrepresentations
A class action lawsuit has been filed against Rivian, alleging the automaker failed to disclose important information to investors. Filed in the United States District Court for the Central District of California this week, the […]

Tesla to export Model 3 Performance from China to Canada with less horsepower, but will it matter?
Tesla announced their new Model 3 Performance this week, with more horsepower, more acceleration, and design features unique to the top-of-the-line electric sedan. While Canada will be getting the Model 3 Performance, it will be […]

Ford Model-E Division Loses $1.3BN Despite 86% Surge in Q1 EV Sales
Ford has seen a surge in electric vehicle (EV) sales in the first quarter of 2024, but the transition to electric continues to pose serious financial hurdles for the automaker. In the first quarter of […]

Fisker facing bankruptcy in weeks without new investment, according to SEC filing
Fisker might commence bankruptcy procedures as early as the middle of May, according to a filing with the US Securities and Exchange Commission, SEC. The embattled company has not been able to attract an investor to secure a lifeline. Fisker defaulted […]

Tesla Energy Storage Deployments Hit Record Levels in Q1 2024
Tesla Energy storage deployments reached a record level in Q1 2024, according to the company’s reporting. The manufacturer expects the business’ deployment and revenue growth to exceed its automotive business in 2024. On Tuesday, Tesla […]

Tesla’s V4 Supercharger rollout expands to Canada
Tesla has finally started deploying its latest V4 Superchargers in Canada, with not one but two V4 stations currently under construction, one in BC and another in Alberta. Tesla first started deploying its V4 Superchargers […]