Rivian has announced it is offering $1.5 billion green convertible senior notes due in 2030. The American EV startup is granting buyers the option to purchase an additional $225 million. The cash-raise was revealed in a […]
Toyota and LG Energy Solution have inked a strategic supply agreement to ensure a steady supply of lithium-ion batteries for Toyota’s US-manufactured electric vehicles, starting in 2025. LG Energy Solution is committing a substantial $3 […]
SpaceX CEO Elon Musk has been named the winner of the 2023 IAF World Space Award. The award is due to his visionary understanding of the role and importance of space exploration for the future […]
Trim levels and pricing for the Canadian version of the Volvo EX30 have been announced, and the electric compact crossover comes in under the threshold to qualify for the $5,000 federal iZEV rebate. The 2025 […]
Ford faced a mixed bag in terms of electric vehicle (EV) sales in Q3 2023, with sales of its electric pickup, the F-150 Lightning, experiencing a significant drop, while overall EV sales topped 20,000 units. […]
Mark your calendar as Kia is set to host a one-day event next week where it will reveal the vehicles that will make up its next EV line-up. The EV Day event will take place […]
Ford has cancelled all 2023 Ford F-150 Lightning dealer stock orders in Canada and the United States. They also confirmed they are delaying deliveries of existing 2023 stock for quality checks. Ford noted that the […]
Rivian has started deliveries of the Max Pack for the R1T, and made the Max Pack available for the R1S on the online configurator. Initially, Rivian launched its R1T and R1S models with battery options […]
Ford is adding a new variant to its Lightning lineup with the introduction of the 2024 F-150 Lightning Flash. This new addition is set to bridge the gap between the Lariat and XLT models, with […]
SpaceX has received a contract for $70 million from the US Space Force to provide specialized satellite communications to the military as part of the company’s new Starshield program. It includes “unique terms and conditions” […]
