Polestar has secured a significant financial boost, raising nearly $1 billion in a new loan from a group of banks. This infusion of capital comes at a crucial point for the Swedish electric vehicle (EV) […]
The Insurance Institute for Highway Safety (IIHS)Â has announced the 2024 edition of its Top Safety Pick awards, and the Tesla Model Y has come out again, earning the higher Top Safety Pick+ award for the […]
General Motors (GM) has announced a $19 billion supply contract with LG Chem. This partnership between the South Korean chemical company and the Detroit-based automaker is set to run from 2026 to 2035. Under the […]
Dartmouth College in New Hampshire has announced plans to add electric vehicles (EVs) to the Department of Safety and Security (DoSS), aiming to replace over half of its existing fleet with the Tesla Model Y. […]
General Motors’ Cruise autonomous driving unit has been embroiled in controversy following an incident involving one of its autonomous vehicles. The incident, which occurred in San Francisco in October, saw a Cruise driverless car drag […]
Tesla CEO Elon Musk confirmed during the Q4 2023 earnings call the company plans to launch a new, more affordable electric vehicle (EV) model in the second half of 2025. This announcement came less than […]
In the J.D. Power 2024 U.S. Manufacturer Website Evaluation Study, Tesla’s website has emerged as a standout performer, securing the second-highest satisfaction rating among premium manufacturers. This achievement underscores the growing importance of digital presence […]
Tesla achieved record vehicle delivery rates in 2023, delivering more than 1.8 million units to customers. As before, Giga Shanghai continues to play an important role in the manufacturer’s success, delivering more than half of […]
Chinese EV maker Nio is gearing up to expand its business further on the global stage. To fund this ambition, it has secured $2.2 billion from the Abu Dhabi-backed CYVN. The investment will give CYVN 294 […]
Tesla is set to receive an incentive of 2.63 billion pesos (approximately US$153 million/C$205 million) from the Mexican state of Nuevo León for its upcoming Gigafactory. The incentive package was approved by the state’s economic […]
