Rivian R1T production rate ramps to 180 units in October
Last month we reported on Rivian’s shockingly low R1T production rate, which as of October 22, 2021 had amounted to just 56 electric trucks. That worked out to a rate of just 1.47 R1Ts per […]
Starlink incorporates in India ahead of official launch
Starlink is one step closer to being offered in India as the company has officially been registered in the country. News of the incorporation came from one the of the newly formed company’s directors, Sanjay […]
Elon Musk says no contract has been signed yet as Hertz announces it has already started receiving Model 3s
Last week Hertz announced an initial order of 100,000 Teslas as part of its plans to convert to an all-electric rental fleet. The news sent Tesla (TSLA) share prices soaring to over $1,000, before closing […]
Rivian seeks $60 billion valuation, hopes to raise up to $9.6 billion through IPO
According to a new regulatory filing, Rivian is hoping to raise as much as $8.4 billion through its initial public offering (IPO) later this year. To raise that much money the company is planning to […]
NIO sales crumble in October as XPeng posts another strong month of deliveries
Two of Tesla’s biggest competitors in China, NIO and XPeng posted remarkably different sales figures for the month of October. NIO October 2021 Sales NIO, which recently celebrated customers completing over 4 million battery swaps […]
Harbour Air to provide all-electric flight option by end of 2022
After a significant investment from the Provincial government, Harbour Air will convert one aircraft in its fleet to an electric engine. The company already found a Swiss battery producer to partner with for the conversion. […]
Volkswagen Group working on new wireless charging concept with Porsche Taycan
The Volkswagen Group of America’s Innovation Hub is working on a wireless charging option with the Oak Ridge National Laboratory (ORNL) and the University of Tennessee. The work is happening in Oak Ridge, Tennessee. ORNL […]
Lucid delivers first Dream Edition vehicles
Lucid handed over the first Air Dream Edition cars to owners today at a special Dream Delivery Event. The company has sold-out their allotment of 520 Dream Edition vehicles to match the vehicle’s EPA estimated […]
EVs are more expensive upfront but cheaper to service: Study
According to a study from We Predict, a predictive analytics firm, electric vehicles (EVs) tend to cost more upfront but save owners on maintenance over the long term. The study found that EVs cost nearly […]
Porsche Taycan to launch in India on November 12
Porsche announced that their all-electric Porsche Taycan would arrive in India on November 12. Before the COVID-19 pandemic, the Taycan was supposed to come to India in early 2020. However, after delays, the German automaker […]
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