Automotive behemoth Stellantis is going all in with electric vehicles. The company has announced a new business unit, the Stellantis Pro One, which will handle its light commercial vehicle (LCV) business. The automaker is also announcing […]
Rivian CEO RJ Scaringe has taken steps to address concerns and reassure investors about the recent issuance of $1.5 billion in convertible green bonds by the electric vehicle (EV) manufacturer. Earlier this month Rivian revealed […]
Amazon has announced it now boasts a fleet of 10,000 all-electric delivery vans rom Rivian on US roads. The company announced the milestone during its recent “Delivering the Future” event. The e-commerce giant revealed that. Amazon’s […]
Travis County commissioners received an update on Tuesday on the economic impact Tesla’s Giga Texas has had on the local economy. With the Gigafactory opening in Austin just last year, Tesla has not only brought […]
Tesla has achieved an impressive milestone by recording sales of over 2 million Model Ys. This milestone was achieved in just 3 and a half years. This quarter, Model Y will surpass the combined sales […]
Tesla has announced the Cell Team at Giga Texas has just produced its 20 millionth 4680 battery cell. The update from Tesla gives us a glimpse into how quickly 4680 cell production is ramping at […]
Rivian has announced it is offering $1.5 billion green convertible senior notes due in 2030. The American EV startup is granting buyers the option to purchase an additional $225 million. The cash-raise was revealed in a […]
Toyota and LG Energy Solution have inked a strategic supply agreement to ensure a steady supply of lithium-ion batteries for Toyota’s US-manufactured electric vehicles, starting in 2025. LG Energy Solution is committing a substantial $3 […]
Quebec has made a substantial bet on its future as a global leader in electric vehicle (EV) battery production by investing $2.9 billion to lure Northvolt, a Swedish battery manufacturer, to set up its new […]
Ford has announced it is halting construction of its $3.5 billion Blue Oval Battery Park in Michigan, a facility that is intended to manufacture lithium iron phosphate (LFP) cells for its electric vehicles (EVs). The […]
