Autonomy taking delivery of 200 Tesla cars every week
A company that lets you subscribe to EVs has been busy acquiring Tesla cars at a clip of 200 units per week, as reported by Electrek. Autonomy is about to place an order for 23,000 EVs […]
US EV tax credit survives in new bill and gets bigger
One of the last hurdles facing the reinstatement of the famous federal EV tax credits in the US has been removed as Senator Joe Manchin has changed his position. The Democratic politician had been opposed […]
Honda shows the Prologue EV in video
The Honda Prologue EV is coming in 2024, but the carmaker has revealed what it looks like in a video. Apart from the Prologue, Honda has teamed with Sony to sell EVs from 2025. Honda may […]
Ford reports $667 million profit on $40.2 billion revenue in Q2 2022
Ford has reported its performance for the second quarter of 2022. The company generated $667 million on top of $40.2 billion in revenue. The profit was 19 percent better year-on-year, and it comes after Ford […]
US Department of Energy to loan $2.5 billion to Ultium Cells
The United States Department of Energy announced that it intends to loan $2.5 billion to Ultium Cells. Ultium Cells is a joint-venture company between LG Energy Solutions and General Motors. The loan is to help […]
Redwood Materials plans $3.5 billion Nevada plant
Redwood Materials, a company founded by Tesla co-founder, is making a big bet on EV batteries. The company plans to set up a $3.5 billion factory in northwest Nevada, where it will produce battery materials, […]
General Motors is providing the US Army with a Hummer EV for demo and testing
General Motors’ defense division was chosen by the US Army to deliver a Hummer EV for use as a demo. The US Army is looking to test and analyze the vehicle for its use as […]
Cadillac finally reveals the upcoming flagship Celestiq EV
Cadillac has been teasing the public with part-images of its upcoming luxury Celestiq electric sedan, but the company has now revealed full pictures of the EV. The new flagship EV is seen in all its […]
Porsche believes it can make more money selling EVs
Porsche is telling investors that it can be more profitable selling EVs ahead of its potential listing. This is at least according to Chief Financial Officer Lutz Meschke. During this week’s Porsche Capital Days, Meschke […]
BYD to enter Japanese auto market with three EVs
BYD is an ambitious EV maker based in China, and has this week unveiled its plans to penetrate the Japanese market. Japanese buyers will soon be able to buy the Atto 3, Dolphin, and Seal. […]
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