XPeng has unveiled a new platform architecture called the Smart Electric Platform Architecture (SEPA) 2.0. The new platform is expected to reduce the cost of development and manufacturing while shortening the R&D cycle for future […]
With the auto market changing and Toyota facing pressure from investors, the company has made an important announcement regarding its EV plan. Toyota confirmed that the company will introduce ten new battery-electric models by 2026. […]
Toyota has been slow to embrace the electric revolution, deciding instead to invest large sums of money to develop hydrogen technology. The company’s incoming CEO Koji Sato has revealed he has no plans to waste […]
Volkswagen is planning to invest in mining projects as part of a wider effort to reduce the cost of battery cells, meet 50% of its own demand, and sell to third-party customers. Thomas Schmall, the […]
General Motors (GM) continues to struggle to ramp production of the Hummer EV, still building just 12 units per day nearly a year and half after production first began. However the automaker will soon be […]
Nissan’s highly anticipated EV, the Ariya crossover, has hit another road bump as dealers have been asked to stop accepting reservations. This was due to problems the company has encountered with the EV’s high-tech production line, […]
Tesla has officially obtained unanimous approval for a $330 million tax abatement package for the new expansion at its Nevada facility. The company made a surprise announcement last month that it would be expanding Giga Nevada. […]
Tesla surprised almost everyone last month with a huge announcement that they will be spending $3.5 billion to expand Giga Nevada and add two new manufacturing areas for the Semi and their 4680 battery cells. […]
Electric vehicle (EV) drivers in British Columbia are soon going to have access to 2,416 new EV chargers through an $18.5 million investment by Natural Resources Canada. The investment, funded through Natural Resources Canada’s Zero-Emission […]
Zeekr, the Chinese EV brand backed by Geely, has revealed its new valuation after a $750 million cash injection. It is now worth $13 billion, significantly more than local rival Xpeng, with an $8.01 billion valuation. […]
