Elon Musk’s SpaceX has announced a 10-for-1 split of its private stock in a company-wide email obtained by CNBC. At the most recent valuation, SpaceX private stock was worth $560 per share. With the split, […]
Although Rivian’s deal with Samsung fell through, the US automaker is reportedly still working with Korean suppliers to develop a pilot production line for battery cells in the country. The news comes from reporting by […]
Nissan has announced it will invest half a billion dollars to build electric vehicles (EVs) in their Canton, Mississippi plant. The announcement included Nissan officials, the Governor of Mississippi and other state officials on Thursday. […]
In a comprehensive AMA (ask me anything) on Reddit this week, VW CEO Herbert Diess had some good news for existing and future ID.4 owners. According to the CEO, the German automaker will deploy an […]
Volkswagen (VW) is eyeing a potential deal with China’s Huawei to purchase their autonomous driving unit. According to a report by Manager Magazin, the potential deal could be worth billions of euros. Based on information […]
Elon Musk has deleted a late night tweet that compared Canadian Prime Minister Justin Trudeau to Adolf Hitler. The tweet was posted at 11:46pm PST Wednesday night, and shared a picture of Hitler with the […]
Audi will set up its $3.3 billion EV joint venture plant with FAW in China. The two automakers will start constructing their joint venture auto plant in China’s Jilin province in April. In October 2020, […]
Volkswagen (VW) expects to ramp up production in the second half of the year as the auto manufacturer continues to struggle with supply chain issues. The news comes from Chief Executive Herbert Diess, who noted […]
The original Hummer was known for its terrible gas mileage about as much as it was for its unusual design. While the new Hummer EV will at least be electric, a recently uncovered filing with […]
A new patent issued yesterday by the United States Patent and Trademark Office (USPTO) reveals Ford could soon be adding a new feature to their lineup of vehicles – Pet Mode. According to US Patent […]
