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Saudi Arabia sets up electric vehicle joint venture with Foxconn – Ceer
The EV industry often brings together multiple players through collaboration. Saudi Arabia and Foxconn are the latest, pairing up for an investment in electric cars. Lucid Motors committed to Saudi Arabia manufacturing facility as part […]

Tesla applies for a CRTC license to become a telecommunication reseller in Canada
Tesla has filed an application with the Canadian Radio-television and Telecommunications Commission (CRTC) for a Basic International Telecommunication Service licence. If successful, it paves the way for Tesla to become a telecommunication reseller in Canada. […]

SpaceX adds Swarm connectivity for IoT devices for just $5 per month
SpaceX has expanded its product portfolio with a new offering called Swarm. The new service provides global connectivity for Internet of Things (IoT) devices, and costs just $5 per month. SpaceX acquired Swarm Technologies last […]

Lucid to showcase entire Air lineup for the first time, release more details on Project Gravity SUV on November 15
Lucid Group has announced it will bring together and unveil its full lineup of Air sedans for the first time during a special global launch event at 10:00am PT on November 15, 2022. The automaker […]

Polestar signs $1.6 billion loan deal to fund growth
Polestar has announced it received a $1.6 billion loan from two major shareholders. The funding will go towards achieving its growth targets. The two shareholders are the parent company Volvo Cars and PSD Investment. Each […]

Elon Musk is planning to let go 50% of Twitter staff by Friday: Report
Last week we saw cuts to the senior ranks of staff, and this week it looks like Elon Musk will be cutting more jobs at Twitter. According to sources at Bloomberg, Musk is planning to […]