Elon Musk forms X Holdings a potential parent company
Elon Musk formed a trio of holding companies as part of his bid to buy Twitter. According to reporting by Bloomberg, the new companies all have a variation of the same name, X Holdings. Musk […]
Kia Telluride sized EV9 is heading to the US in 2023
Kia revealed that the EV9Â is coming to the United States in 2023. According to reporting by Motor Authority, the three-row SUV will be the electric alternative to the popular Kia Telluride. Kia first showed off […]
Xpeng P5 European pricing and specs announced
Xpeng has finally announced the Xpeng P5 sedan prices and specs for their European launch. The company is launching the P5 in Denmark, the Netherlands and Sweden. While, Norway will get the P5 later in […]
Musk secures $46.5 billion in funding and considering a tender offer for Twitter
According to a filing with the US Securities and Exchange Commission (SEC), Elon Musk secured $46.5 billion in funding to buy Twitter. The Tesla CEO is now considering a tender offer for its shares. According […]
Judge rejects gag order for Elon Musk
Elon Musk will not have to stop talking about a lawsuit he is facing over his 2018 tweets about taking Tesla private. US District Judge Edward Chen agreed with Musk and Tesla that the proposed […]
LG Magna e-Powertrain breaks ground on Mexican plant
Earlier this week, the joint venture LG Magna e-Powertrain broke ground on their new Ramos Arizpe, Mexico plant. The Ramos Arizpe location is no accident. As the joint venture will supply the nearby General Motors […]
The Boring Company raises $675 million in Series C funding
The Boring Company raised $675 million in its Series C funding round, giving the company a $5.675 billion valuation. Vy Capital and Sequoia Capital led the Series C funding. This round had participation from Valor […]
CATL opens its first EVOGO battery swap stations in China
CATL officially launched its EVOGO battery swap service in China this week and opened four stations on Xiamen Island, Fujian province. The company plans to open an additional 30 stations in the region by the […]
Hyundai electric car sales up 105% in year-over-year sales in March
Hyundai released its March numbers, and although global sales are 17 per cent less than in 2021, EV sales are up 105 per cent. The March numbers are least to say interesting for the Korean […]
Boring Company is in talks to build a pedestrian tunnel in Kyle, Texas
The Boring Company submitted a preliminary engineering proposal to build a pedestrian tunnel in Kyle, Texas. The project would create a pedestrian underpass under the Union Pacific Railroad to connect the Plum Creek subdivision and […]
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