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Tesla’s Giga Shanghai breaks production record for the third month in a row
For the third month in a row crews at Giga Shanghai have been able to set a new production record. The records have been broken after Tesla upgraded the production lines at Giga Shanghai over […]
Nikola partners with ChargePoint to boost commercial EV charging infrastructure
As more companies shift their fleet of commercial vehicles to electric, one big stumbling block for many is a lack of commercial EV charging solutions. To help their customers and others, Nikola has teamed up […]
Foxconn consortium announces three-seater EV
Foxconn is in the middle of diversifying its business. The Taiwanese company has formed a consortium, MIH, to make electric vehicles and sell them in Asia. The first car from MIH is a battery-powered three-seater, […]
Foxconn is looking to invest up to $170 million in Lordstown Motors
Lordstown Motors Corp has agreed in principle to sell a substantial stake in the company to Foxconn. As per Bloomberg, the agreement will see Foxconn invest as much as $170 million through a purchase of […]
Elon Musk sells another $3.95 billion in Tesla (TSLA) shares after Twitter purchase
According to new regulatory filings published on Tuesday Tesla CEO Elon Musk has sold another $3.95 billion worth of his shares in the company. The three Form-4 filings with the Securities and Exchange Commission show […]
Lucid posts $530 million loss in Q3, still on track to meet annual delivery guidance
Lucid Group has posted their Q3 2022 financial results and while the fledgling automaker was able to increase both production and deliveries, it is still losing cash hand over fist while it continues to ramp […]
