Elon Musk has taken to X to deny a report suggesting that SpaceX is actively considering an initial public offering (IPO) for its Starlink business as early as next year. The report came from Bloomberg, […]
Polestar has announced it has officially started production of the Polestar 4. The company has confirmed that the first customer deliveries in China are expected before the end of 2023, and scheduled for an official […]
Rivian has secured final approval for its second US manufacturing plant. The company plans to borrow up to $15 billion through the issuance of taxable bonds through the Joint Development Authority of Jasper, Morgan, Newton […]
Fisker’s Q3 2023 report is out, and the EV startup reported increased production and deliveries of its Ocean EV. However Fisker also slashed its production guidance again to less than half of its original estimate, […]
Hyundai has broken ground on a new $1.52 billion electric vehicle (EV) plant in Ulsan, South Korea. The plant, scheduled for completion at the end of 2025, is set to start mass production in the […]
BMW is set to add its Level 3 autonomous driving system, named ‘Personal Pilot L3,’ in the upcoming 7 Series. German drivers will be the first to be able to use this technology, slated for […]
Lucid may only have one vehicle in their lineup, the luxury Air electric sedan, but included in the company’s product roadmap is an electric pickup truck. According to the last update from Lucid it not […]
Mercedes-Benz has signed two new deals to expand their electric vehicle (EV) charging network in North America. The German automaker has recently revealed plans to collaborate with Simon Property Group, a leading mall and retail […]
Volvo has officially announced the electric EM90 minivan. The EM90 will only be available in China at launch, and is expected to come with a driving range of up to 450 miles (724km) using the […]
The joint venture between Ford, South Korea’s LG Energy Solution (LEGS), and Turkey’s Koc Holding, which aimed to establish a major EV battery cell facility near Ankara, Turkey, has come to an end. The three […]
