The first Tesla Megapack was installed in Cancun’s Hotel Zone in Mexico. The battery will store energy from solar panels to power the 200-room hotel during peak hours. The hotel industry of Quintana Roo is […]
Lucid has announced a fresh round of layoffs, with the latest restructuring plan seeing approximately 400 employees laid off, representing about 6% of its total workforce, as the automaker struggles with high costs and low […]
Tesla has officially begun construction of the new Megafactory in Shanghai, China. The Megapack factory along with the electric vehicle factory will help accelerate the world’s transition to sustainable energy. The company announced the update […]
Ford has asked its dealerships to temporarily halt investments related to its electric vehicle (EV) certification program. This decision comes as Ford reassesses the Model e Certified Program’s requirements and makes changes based on feedback […]
Tesla has announced plans to deliver 50 additional Semis to PepsiCo. News of the additional deliveries was shared by Semi program manager Dan Priestly while speaking at the ACT Expo in Las Vegas on Monday. […]
Elon Musk was personally on hand to launch SpaceX’s Starlink satellite internet service in Indonesia over the weekend, aiming to provide high-speed internet access to remote and underserved areas of the world’s largest archipelago, which […]
Rivian has had a challenging start to 2024, as revealed in its first quarter financial disclosure, with the automaker reporting revenue growth against a backdrop of substantial losses. According to Rivian’s Q1 2024 earnings report, […]
Apple and Rivian are reportedly in discussions over a potential partnership. The details of the potential partnership have not been revealed, but could range from software to even the revival of the now-cancelled Apple Car. […]
Lucid has released its Q1 2024 financial results, and the luxury EV automaker continues to lose significant amounts of money building the Air sedan. The company reported a revenue of $172.7 million, which surpassed Wall […]
Ford has seen a surge in electric vehicle (EV) sales in the first quarter of 2024, but the transition to electric continues to pose serious financial hurdles for the automaker. In the first quarter of […]
