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Nio sees losses grow to $410 million in Q2 even with higher EV deliveries
Nio reported its second quarter financial results on Wednesday, and the Chinese electric vehicle (EV) maker saw its losses grow year-over-year, despite the fact they delivered more EVs compared to the same time period last […]

Electrify America and Electrify Canada establish clearer charger names: Hyper-Fast and Ultra-Fast
As public electric vehicle (EV) charging networks continue to expand, Electrify America and Electrify Canada are looking to clearly label its chargers to help out its customers. The two companies are establishing two new power […]

Mercedes and Rivian partner on EV van production in Europe
Mercedes-Benz and Rivian announced the two companies are forming a strategic partnership to produce electric vans in Europe. The two companies signed a Memorandum of Understanding subject to final, binding agreements and regulatory clearances. The […]

BYD signs land deal to build EV plant in Thailand
BYD announced they had signed a land purchase deal with Thailand’s largest industrial-estate developer. As per reporting by Bloomberg, the deal with WHA Corp will see BYD build an EV production plant in Thailand. The […]

Tesla China sets new export record on near-record 76,965 sales in August: CPCA
After factory shutdowns due to COVID-19 and for production line upgrades, Giga Shanghai is back and running at full steam. In August the automaker delivered 76,965 new Model 3 and Model Y cars, just off […]

$258 billion Dogecoin lawsuit against Elon Musk gains new defendants, and plaintiffs including The Boring Company
Back in June Elon Musk, along with two of his companies Tesla and SpaceX, were hit with a ludicrous $258 billion lawsuit alleging “a crypto pyramid scheme by way of dogecoin cryptocurrency.” Apparently eager to […]