A relatively obscure clause buried within the U.S. Inflation Reduction Act is rapidly transforming the landscape of electric vehicle (EV) battery recycling in North America. With the clause in effect, Full Article »
Magna International Inc, a prominent Canadian auto parts manufacturer, has announced a substantial investment of $790 million to construct three new facilities dedicated to vehicle and electric vehicle (EV) battery Full Article »
During a Q2 2023 Earnings Call, Tesla disclosed that it is currently constructing release candidate Cybertruck units at its Texas Gigafactory. These units are undergoing extensive testing worldwide to achieve Full Article »
In recent news, Tesla CEO Elon Musk revealed that a “major OEM” has expressed interest in licensing Tesla’s software and hardware for vehicle autonomy. While the automaker’s name was not Full Article »
In the second quarter of the year, Tesla has experienced a 20% increase in net income, reaching $2.7 billion compared to the same period in the previous year. The rise Full Article »
Marking a significant step towards enhancing electric vehicle (EV) charging infrastructure, Nissan has announced a pioneering partnership with Tesla. The automaker has reached an agreement to adopt the North American Full Article »
The automotive world is abuzz with speculation as rumors circulate about the iconic Nissan Skyline making a comeback in an unexpected form: an electric SUV. Dating back to 1957, the Full Article »
Stellantis has taken proactive measures to ensure a stable supply of crucial semiconductor chips for its electric vehicles (EVs) and high-performance computing functions. In response to the industry-wide semiconductor shortage Full Article »
The Rimac Nevera, an electric hypercar known for its incredible acceleration and top speed, has once again made history at the prestigious Goodwood Festival of Speed. Not only is it Full Article »
After facing a series of delays over the past two years, Tesla has announced the completion of its first Cybertruck at the company’s manufacturing facility in Austin, Texas. The long-awaited Full Article »
Ford Motor has announced a significant price reduction for its popular electric F-150 Lightning trucks, responding to an electric vehicle (EV) price war initiated by Tesla, the market leader. The Full Article »
Ford has introduced the Mustang Mach-E Rally, a new variant designed for thrill-seekers interested in off-roading. While it’s not the anticipated Mach-E Raptor, Ford has decided not to dilute the Full Article »
The Biden administration has announced the availability of $20 billion from a federal “green bank” for various clean energy projects, including residential heat pumps, electric vehicle (EV) charging stations, and Full Article »
VinFast, the Vietnamese electric automaker, has encountered a setback with its investors as shareholders of Black Spade Acquisition (BSAQ.A), a special purpose acquisition company (SPAC) planning to merge with VinFast Full Article »
Ford’s electric vehicle (EV) ambitions are surpassing the current demand, as indicated by the company’s sales numbers, EV supply, and dealer sentiment. Ford seems to be facing a challenge of Full Article »
