Henrik Fisker has informed employees that discussions are ongoing with four major automakers regarding a potential acquisition of Fisker. This announcement was made during an all-hands meeting held on Thursday, as reported by Business Insider, […]
Honda has officially announced a massive $15 billion investment to establish a comprehensive electric vehicle (EV) manufacturing ecosystem in Ontario. The investment includes the construction of four new facilities and is projected to create thousands […]
A class action lawsuit has been filed against Rivian, alleging the automaker failed to disclose important information to investors. Filed in the United States District Court for the Central District of California this week, the […]
Ford has seen a surge in electric vehicle (EV) sales in the first quarter of 2024, but the transition to electric continues to pose serious financial hurdles for the automaker. In the first quarter of […]
Tesla Energy storage deployments reached a record level in Q1 2024, according to the company’s reporting. The manufacturer expects the business’ deployment and revenue growth to exceed its automotive business in 2024. On Tuesday, Tesla […]
Tesla says it will begin production of new vehicle models earlier than previously communicated, and that these launches will include more affordable cars. This is due to a change in vehicle architecture, with the company […]
Tesla has published their first-quarter earnings for 2024, revealing a mix of strategic advancements but also financial challenges. Financially, Tesla reported a decrease in total revenue to $21.3 billion, marking a 9% drop year-over-year (YoY). […]
After a longer than expected wait, Tesla has finally launched the Model 3 Performance. While we already knew almost everything about the Performance, Tesla has officially published the specs and pricing. While customers can now […]
Rivian has introduced a new incentive called the “Electric Upgrade Offer,” providing substantial discounts on the purchase or lease of a new Rivian R1 model when trading in certain internal combustion engine (ICE) cars. The […]
Tesla isn’t done with their price cuts yet. After a series of price cuts in many markets around the world over the weekend, Tesla set their sights on the Australian market with substantial price cuts […]
