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Rivian announces $1.5 billion convertible note offering
Rivian has announced it is offering $1.5 billion green convertible senior notes due in 2030. The American EV startup is granting buyers the option to purchase an additional $225 million. The cash-raise was revealed in a […]

It is official: Hyundai adopts Tesla’s North American Charging Standard (NACS)
We reported a week ago that an announcement on Tesla’s North American Charging Standard (NACS) was imminent from Hyundai. It has now become official as the South Korean brand is adding support for the NACS in Hyundai, […]

Tesla avoids third trial in race discrimination lawsuit
U.S. District Judge William Orrick has made a final ruling in a race discrimination lawsuit filed against Tesla, putting an end to the possibility of a third trial in the case. The lawsuit centered around […]

Toyota and LG Energy Solution partner on $3 billion EV battery plant in the US
Toyota and LG Energy Solution have inked a strategic supply agreement to ensure a steady supply of lithium-ion batteries for Toyota’s US-manufactured electric vehicles, starting in 2025. LG Energy Solution is committing a substantial $3 […]

More Cybertruck details emerge, but still not from Tesla
Tesla still hasn’t announced any of the final specs for the Cybertruck, leaving fans to speculate on what may come as standard or optional equipment, and also rely on leaks from either employees or people […]

Elon Musk Wins 2023 IAF World Space Award
SpaceX CEO Elon Musk has been named the winner of the 2023 IAF World Space Award. The award is due to his visionary understanding of the role and importance of space exploration for the future […]