Latest News
Rivian posts $6.75 billion net loss in 2022, sets production guidance at 50,000 vehicles in 2023
Rivian has published its Q4 2022 and full year financial results on Tuesday, and the automaker is continuing to burn through cash at a rapid rate. On the positive side Rivian is setting its expectations […]
South Korea’s L&F signs $2.9 billion contract to supply high-nickel cathode materials to Tesla
Tesla has entered into a $2.9 billion (3.8347 trillion won) contract with South Korean L&F for the supply of high-grade cathode materials. The deal was spotted through a public disclosure. L&F will supply the material […]
VinFast abandons battery subscription plans for North America
VinFast is continuing to make changes to their electric vehicle offerings in an attempt to keep up with the competition, even before they make their first North American delivery. The latest change is to its […]
Tesla picks Moneterrey for new Gigafactory in Mexico
Tesla is expected to officially announce plans for a new Gigafactory in Mexico on Wednesday, following confirmation from Mexican President Andrés Manuel López Obrador the automaker has picked Monterrey as the location. Obrador made the […]
Tesla Model S/X makes Consumer Reports’ list of most unreliable EVs
Consumer Reports has put out its list of the most unreliable electric vehicles, and the Tesla Model S and Tesla Model X made it into the top 10. Consumer Reports scored the Model S with […]
Toyota exec calls Tesla Model Y a “work of art” after teardown
Toyota has been a laggard when it comes to embracing the electric revolution, but the Japanese automaker has realized just how far behind they are after performing a teardown of the best selling electric vehicle, […]