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Redwood Materials and Toyota partner to recycle old EV batteries
Toyota has entered an agreement with a Tesla co-founder JB Straubel’s company, Redwood Materials, to recycle old batteries from their electric vehicles. Redwood was founded by the Tesla co-founder to collects and recycles discarded EV […]

The Boring Company files application to build tunnel underneath Giga Texas
The Boring Company (TBC) has filed an application with the City of Austin to build a tunnel underneath Giga Texas. According to the Austin Build + Connect website, TBC filed an application for a project […]

Polestar’s SPAC merger could raise $850 million
Polestar and Gores Guggenheim’s special purpose acquisition company (SPAC) expects to raise at least $850 million in their merger. The companies foresee the merger closing on Thursday. Once the merger closes, Gores Guggenheim’s NASDAQ listing […]

Honda is predicting EVs will mark the end of the mega dealership
Honda expects to make considerable changes to its dealership model in the coming years with popularization of electric vehicles (EVs). The company expects to make changes to current designs that include less EV inventory, less […]

Tesla plans four-day Giga Shanghai shutdown in July for plant upgrades
After being forced to shut down Giga Shanghai for 22 days in March and April due to a surge in COVID-19 cases in the area, Tesla will be shutting down the factory again in July. […]

Nikola founder Trevor Milton requests evidence related to his lavish lifestyle be blocked in court case
Nikola founder and former CEO Trevor Milton made a lot of money while at the helm of the electric truck maker, mostly through stock awards that turned him into a billionaire after the company went […]