Stellantis has made a substantial bet on Leapmotor by investing €1.5 billion (C$2.1 billion) in the Chinese new energy vehicle (NEV) manufacturer. The investment gives Stellantis approximately 20% equity in Leapmotor, and establishes the formation […]
Nikola Motor’s disgraced founder, Trevor Milton, has been ordered to repay the company $165 million in damages following an arbitration proceeding in New York. In December 2021, Nikola agreed to a settlement with the SEC, […]
MDA Ltd., a technology and services provider to the global space industry based on Brampton, Ontario, announced Wednesday at the Earth Insight customer conference that it has selected SpaceX to launch CHORUS. The radar is […]
Mercedes-Benz USA has announced pricing for the 2024 Mercedes-Maybach EQS 680 SUV, and as expected it won’t be cheap. This opulent electric SUV starts at $179,990, but with options will quickly top $200,000 The Mercedes-Maybach […]
The Tesla Model Y has broken a 10-year old sales record in Denmark, where more units of the electric SUV have been sold in a single year than any other car in the country’s history. […]
SpaceX has signed an agreement with the European Space Agency (ESA) to launch European Galileo satellites. The satellites will be sent into orbit by the American company, as it ensures reliability regardless of the general […]
Volkswagen is one of the most popular automobile brands in Norway. However, Norwegians who want to continue patronizing the German automaker will have to switch to an electric vehicle (EV) as it will cease selling internal combustion […]
Tesla has said it hopes to start the Giga Berlin expansion project in the first half of 2024. This announcement came amidst ongoing public debates about the expansion project, which intends to modernize the existing […]
Elon Musk’s The Boring Company has seen its valuation surge by over 22% after a recent employee share sale. According to a report from The Information, citing two unnamed sources, The Boring Company sold shares […]
Christmas has arrived early for Tesla owners in Nova Scotia, as two new Superchargers have been discovered under construction in Nova Scotia. These are the second and third Superchargers to start construction in Atlantic Canada […]
