While Elon Musk is known best for his association with electric vehicles, he has other less-known passions, including cryptocurrencies. His biggest company Tesla holds considerable bitcoins that it did not trade in during the last quarter. The […]
Honda is planning to do things a bit differently in the future amid its ambitious EV plans. The carmaker aims to sell 1.2 million hybrids this year, with sub-brand Acura accounting for 160,000 units. However, […]
Tesla has officially announced plans to spend $3.6 billion to expand their presence in Nevada with the construction of two new factories 0 one for 4680 cell production and the other for high-volume Semi production. […]
Honda Motor and GS Yuasa have announced they will create a joint venture to produce electric vehicle (EV) batteries. The joint venture, which is scheduled to launch by the end of 2023, will focus on […]
Tesla sent shockwaves through the auto industry last week when it slashed prices across its lineup by as much as 21%. While the price cuts were steep, Tesla’s industry leading margins allowed it make such […]
Tesla’s expansion has been unbelievably explosive in recent years. However, the EV maker is yet to start. According to respected investment analyst Cathie Wood of ARK Invest, Tesla is set for five-fold growth in the next five […]
Electric vehicle (EV) maker Arcimoto announced on Wednesday it has shut down production at its factory in Oregon, saying that they are nearly out of money. To help try and keep them afloat the company […]
Mazda has unveiled its newest MX-30 model, this time deciding to go with a plug-in hybrid that also has a rotary engine. The MX-30 was not a success by any stretch, but one of the […]
Tesla is reportedly close to signing a deal to build a new Gigafactory in Indonesia. This isn’t the first time reports have emerged that the Texas-based automaker is close to setting up shop in Indonesia […]
The Tesla Model 3 was the most popular electric vehicle (EV) in Canada in 2022. The Rear-Wheel Drive (RWD) Model was had more than double the sales of the next closest competitor, at least among […]
