Shares of Tesla (TSLA) hit new all-time highs on Monday, propelling the company to a $1 trillion market capitalization. The surge in share prices comes on the heels of a massive order of 100,000 Model […]
Hertz has announced on Monday morning it is ordering 100,000 Tesla Model 3s as part of its ambitious plan to convert its fleet to electric vehicles (EVs) by the end of 2022. The announcement comes […]
Ford announced that it would invest up to $316 million to build electric car components at their Halewood factory near Liverpool, UK. The plant will produce 250,000 power units a year for all-electric passenger and […]
According to Tesla investors filing in a Delaware court, the group believes Elon Musk should repay Tesla $9.4 billion over the SolarCity deal. The court filing argues that Musk received benefits for pushing the acquisition […]
Volvo, the Swedish-based automaker, announced that the company would sell shares to fund its EV transformation strategy. According to the announcement, the companies parent company, Geely, has applied to hold an initial public offering on […]
Luxury car maker Rolls-Royce has officially announced its first electric car, along with plans to become all-electric by the end of the decade. Called the Spectre, the first electric Rolls-Royce is not projected to hit […]
With the federal election drawing nearer, the EV Society of Canada (EVS) has released their federal platform grades. Climate change was a focus in the English debate, and naturally, electric vehicles (EVs) and the related […]
Rivian announced this week the production of the first customer-ready R1T electric pickup truck from the facility in Normal, Illinois. With the milestone achievement, the company is still expected to deliver their first vehicles to […]
TRAXX Coach Lines, in partnership with Motor Coach Industries (MCI), set a world record this week with a trek between Kamloops and Delta in their electric bus. Their newest bus, the J4500 Charge set the […]
Rivian has filed for an initial public offering (IPO) and is seeking an $80 billion valuation, according to sources. The company submitted its S-1 registration to the Securities and Exchange Commission (SEC) on Friday with […]
