Polestar has announced a significant reduction in its global workforce, cutting around 450 jobs, accounting for approximately 15% of its total staff. This decision comes amid challenging market conditions that have forced the company to […]
Porsche has officially unveiled their second electric vehicle (EV), the 2024 Macan EV. Unveiled in Singapore on Thursday, Porsche plans to introduce the electric SUV to North America in late 2024, featuring two initial all-wheel-drive […]
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 CEO Elon Musk confirmed during the Q4 2023 earnings call the company plans to launch a new, more affordable electric vehicle (EV) model in the second half of 2025. This announcement came less than […]
Tesla is one of the title sponsors at the first ever Pwn2Own Automotive event, and on the first day a Tesla modem was hacked by a group with a long history of exploiting vulnerabilities in […]
Tesla had another record year for production and deliveries, exceeding analyst expectations in the final quarter. Tesla is set to publish their financial results for the fourth quarter of 2023 and the full year after […]
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 confirmed that the Cybertruck will go on tour in China. Tesla’s electric pickup truck is hotly anticipated in China, but regulatory requirements are making it difficult for it to enter the domestic market. […]
General Motors (GM) has decided to integrate its Ultra Cruise semi-autonomous driver assistance system with the existing Super Cruise system, rather than maintaining two separate programs. This decision, emerging amidst speculation of Ultra Cruise’s cancellation, […]
