Latest News

Tesla offers new financing incentive in China: no down payment
Tesla is offering a new financing incentive in China, giving customers the option to purchase a Model 3 or Model Y from existing inventory with no down payment. According to a post from Tesla official […]

Honda Announces $15 Billion EV Mega-Project in Ontario
Honda has officially announced a massive $15 billion investment to establish a comprehensive electric vehicle (EV) manufacturing ecosystem in Ontario. The investment includes the construction of four new facilities and is projected to create thousands […]

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 […]