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Ford’s EV sales drop 2.8% in Q2 2023
Ford saw a 2.8% decline in its US electric vehicle (EV) sales during the second quarter. The drop in sales can be attributed to the temporary halt in production at Ford’s Mexican factory, which builds […]
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Tesla Megapacks power new battery storage project in Alaska
Tesla Megapacks are powering a new battery storage project in Alaska, which is expected to result in significant cost savings for the two electric utility companies involved. The project, which cost $63 million, involved the […]
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Stellantis unveils next EV platform, the STLA Medium
Stellantis has unveiled its latest EV platform, the STLA Medium platform. The STLA Medium is designed for sedans, crossovers and SUVs and will be used in North America and Europe. It was also unveiled that […]
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Rivian is hoping to expand production and bring on new commercial partners
Rivian’s CEO, RJ Scaringe, sat down with Bloomberg to discuss the company and where Rivian is going. In the discussion, Scaringe noted that the company is happy with its current production levels, and its supply […]
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Elon Musk says FSD might reach L4 or L5 “later this year”
Elon Musk hasn’t always been the best at predicting the progress of Full Self-Driving (FSD), but according to the CEOs latest estimation, the company might be able to achieve full autonomy later this year. Musk […]
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Tesla and 15 other automakers commit to “fair market order” in China in effort to end price wars
A group of 16 automakers, including Tesla, have committed to maintaining fair market order in China in an attempt to moderate price fluctuations and foster fair competition. The “letter of acceptance for maintaining fair market […]