Tesla reportedly plans to open a new battery manufacturing facility in Sparks, Nevada, which will produce lithium-iron-phosphate (LFP) batteries for use in its energy storage products, including the Megapack. According to a report from Bloomberg, […]
The Tesla Model Y was widely expected to become the world’s best selling car in 2023, and the electric SUV has done just that, easily surpassing the sales totals of the Toyota RAV4 and Toyota […]
Lucid has announced a significant expansion of its Advanced Manufacturing Plant (AMP-1) in Casa Grande, Arizona. This expansion marks a crucial step in the company’s growth strategy as it prepares to launch the Lucid Gravity […]
Tesla’s Fremont factory has achieved a new milestone by producing nearly 560,000 vehicles in 2023, setting a new record for the facility previously occupied by General Motors (GM) and Toyota. Prior to Tesla’s acquisition, the […]
Tesla published their Q4 2023 earnings report today, and within it indicated a potential slowdown in its growth rate for 2024. According to the company, they now find themselves in a transitional phase, positioned between […]
Tesla has released its Q4 2023 and full year earnings report this afternoon, and after delivering a record number of electric vehicles (EVs) in the year, the company saw revenue increase slightly year-over-year (YoY), while […]
Apple has reportedly downscaled its plans for a self-driving car and pushed the launch date to 2028. This move represents a recalibration of the company’s approach to entering the electric vehicle (EV) market, a project […]
Panasonic has announced a delay in its plans to construct a third battery plant in North America. This decision reflects a broader trend in the electric vehicle (EV) industry, as demand cools and companies recalibrate […]
Ford is revamping the invoice prices for its electric vehicle (EV) lineup, which includes the Mustang Mach-E, F-150 Lightning, and E-Transit. The change, which is a significant shift from its previous pricing strategy, is set […]
Tesla has begun the construction of high-volume production facilities for the Semi electric truck at Giga Nevada. However, contrary to original plans for expanding the existing Gigafactory to accommodate the new production lines, the EV maker […]
