Stellantis, the giant auto company, may invest billions of dollars in EV manufacturing facilities in Mexico. The company may renovate a plant where it will produce hybrid and purely electric vehicles, as reported by Teslarati. The […]
Tesla has come a long way from the scrappy startup many people doubted would survive. It has announced the production of its 3 millionth car. The American company was created in 2004 but started production […]
Volkswagen announced this morning that the company is starting production of the MY23 ID.4 electric SUV at its Chattanooga, Tennessee facility. The company plans to ramp up production to 7,000 cars per month to speed […]
General Motors has sold its first-ever green bonds to fund the continued electrification of its line-up. According to sources familiar with the matter, the automaker priced $2.25 billion of green bonds in two parts. The […]
The fifth generation of the Audi A3 could be launched as an electric-only model when it comes out in 2027. As per The Driven, unnamed sources at Audi revealed that it is expected that Audi […]
Ford has reported its performance for the second quarter of 2022. The company generated $667 million on top of $40.2 billion in revenue. The profit was 19 percent better year-on-year, and it comes after Ford […]
Tesla’s Fremont factory has reached a significant milestone this week, producing its 2 millionth vehicle on Monday. Tesla celebrated the accomplishment by sharing a video of the 2 millionth vehicle, a Red Multi-Coat Model 3 […]
Fisker is working towards bringing the Ocean EV to market this fall but is already looking beyond that milestone. The company has announced its plan to manufacture one million electric cars by 2027. To achieve […]
Prime Minister Justin Trudeau announced this morning that metals refiner Umicore has signed a memorandum of understanding (MOU) to invest $1.5 billion and build a new electric vehicle (EV) battery materials plant in Ontario. The […]
Tesla’s Giga Nevada may best be known for producing battery packs for their electric vehicles, but it also produces Tesla Energy battery storage products like the Megapack. Based on a recent drone flyover of the […]
