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Discounts Doubled on Tesla Model 3 US Inventory
Jun 2, 2023 Ξ

Discounts Doubled on Tesla Model 3 US Inventory

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Tesla Inc. has recently implemented significant discounts on its Model 3 electric cars in its U.S. inventory in an effort to attract buyers amidst economic uncertainty, heightened competition, and the  Full Article »

Automotive

Lucid to Raise Nearly $3 Billion from Saudi’s Public Investment Fund & Others
Jun 1, 2023 Ξ

Lucid to Raise Nearly $3 Billion from Saudi’s Public Investment Fund & Others

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The electric-vehicle manufacturer Lucid Group Inc announced on May 31 that it is securing approximately $3 billion in funding from Saudi Arabia’s Public Investment Fund (PIF) and other sources. This  Full Article »

Automotive

Toyota To Invest $2.1 Billion in N.C. Battery Plant & Build Kentucky SUV Factory
May 31, 2023 Ξ

Toyota To Invest $2.1 Billion in N.C. Battery Plant & Build Kentucky SUV Factory

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Toyota has revealed plans to invest an additional $2.1 billion in the construction of an electric and hybrid vehicle battery factory near Greensboro, North Carolina. This facility will play a  Full Article »

Automotive

Ford CEO: EVs May Not Reach Cost Parity Until After 2030
May 31, 2023 Ξ

Ford CEO: EVs May Not Reach Cost Parity Until After 2030

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According to Ford Chief Executive Jim Farley, electric vehicles (EVs) are not expected to reach cost parity with internal combustion engine (ICE) vehicles until after 2030. Farley made this statement  Full Article »

Automotive

Jaguar Land Rover Recalling I-PACE EV SUVs Over Fire Risks
May 31, 2023 Ξ

Jaguar Land Rover Recalling I-PACE EV SUVs Over Fire Risks

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Jaguar Land Rover (JLR) is issuing a recall for approximately 6,400 I-PACE electric SUVs in the United States due to concerns over potential fire hazards. The recall is prompted by  Full Article »

Automotive

Canadian Government Invests in GM-POSCO Quebec EV Battery Materials Plant to Expand Supply Chain
May 30, 2023 Ξ

Canadian Government Invests in GM-POSCO Quebec EV Battery Materials Plant to Expand Supply Chain

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General Motors (GM) is set to receive $220 million in government support from both the Canadian federal government and the Quebec province for the establishment of an electric vehicle (EV)  Full Article »

Automotive

Tavares: Stellantis Will Need Two Additional U.S. EV Battery Plants To Reach Output Targets
May 30, 2023 Ξ

Tavares: Stellantis Will Need Two Additional U.S. EV Battery Plants To Reach Output Targets

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According to Reuters, Stellantis CEO Carlos Tavares stated that the company would require one or possibly two additional large factories dedicated to electric vehicle (EV) batteries in the United States  Full Article »

Automotive

Report: Solar Power Could Overtake Oil Production Investment Helping to ‘Fuel’ EVs
May 29, 2023 Ξ

Report: Solar Power Could Overtake Oil Production Investment Helping to ‘Fuel’ EVs

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According to a recent report by the International Energy Agency (IEA), investment in clean energy is expected to surpass spending on fossil fuels in 2023, with solar projects leading the  Full Article »

Automotive

Ford CEO: Tesla Superchargers May Become the Standard for EV Charging
May 26, 2023 Ξ

Ford CEO: Tesla Superchargers May Become the Standard for EV Charging

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According to Ford CEO Jim Farley, Tesla’s Superchargers have the potential to become the standard for electric vehicle (EV) charging in the United States. This statement comes after Ford recently  Full Article »

Automotive

Hyundai & LG Energy to Build $4.3 Billion EV Battery Plant in US
May 26, 2023 Ξ

Hyundai & LG Energy to Build $4.3 Billion EV Battery Plant in US

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Hyundai Motor Group and LG Energy Solution have announced plans to construct a $4.3 billion electric vehicle (EV) battery plant in the United States. This joint venture aims to capitalize  Full Article »

Automotive

Ford Strikes Deal with Tesla to Gain Access to over 12,000 Supercharger Stations in 2024
May 25, 2023 Ξ

Ford Strikes Deal with Tesla to Gain Access to over 12,000 Supercharger Stations in 2024

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Ford Motor Co announced on Thursday that it has reached an agreement with Tesla to grant Ford electric vehicle (EV) owners access to more than 12,000 Tesla Superchargers across North  Full Article »

Automotive

First Deliveries of US-Bound VinFast EVs Get Recalled for Safety Risk
May 25, 2023 Ξ

First Deliveries of US-Bound VinFast EVs Get Recalled for Safety Risk

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VinFast, the Vietnamese electric vehicle (EV) manufacturer, hasn’t exactly had a stellar start to their rollout of new VF 8 EV here in America. The reviews of the new VinFast  Full Article »

Automotive

US Start-Up Lyten Gets Investment from Stellantis to Develop Lithium-Sulfur EV Batteries
May 25, 2023 Ξ

US Start-Up Lyten Gets Investment from Stellantis to Develop Lithium-Sulfur EV Batteries

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Stellantis, the world’s third-largest carmaker, has made an investment in the U.S. start-up Lyten with the goal of developing lithium-sulfur batteries for electric vehicles (EVs), as well as lightweight composites  Full Article »

Automotive

California Seeks Approval to End Gas-Only New Vehicle Sales by 2035
May 23, 2023 Ξ

California Seeks Approval to End Gas-Only New Vehicle Sales by 2035

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In a recent development, the state of California has taken a significant step towards reducing greenhouse gas emissions by requesting approval from the Biden administration to implement a plan that  Full Article »

Automotive

US Has “Real Concern” About Tesla Autopilot Driver Interaction
May 23, 2023 Ξ

US Has “Real Concern” About Tesla Autopilot Driver Interaction

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U.S. Transportation Secretary Pete Buttigieg expressed concerns Tuesday about the interaction between Tesla’s advanced driver assistance system, Autopilot, and drivers. This issue is currently under investigation by the National Highway  Full Article »

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