The stock market has been much of a mess these days, and people are scrambling to find the answer to such difficult questions. More…
Investing In EV Stock? Is Tesla Or GM The Better Investment?
Waitlist opens for $40,000 Lightyear 2 solar car due in 2025
Lightyear has opened a waitlist for its second solar-assisted EV model, which aims for a lower price point and something much closer to mass-market appeal. Straightforwardly called Lightyear 2, this new model is scheduled to start production by the end of 2025 with a base price of approximately $40,000, according to a Lightyear press release. The… More…
Mitie to install charge points at UK employment centres
The British energy service provider Mitie has been awarded a contract by the UK Department for Work and Pensions to install and maintain a total of around 250 charging points at 120 employment centres in the UK. The contract is worth £4.3 million. Mitie already provides facilities management services to the Department for Work and […] More…
Detroit Bikes Is Ready To Turn Heads With The Classy DB-E
Beneath its classic exterior lies a surprising amount of modern-day technology. More…
Xiaomi to debut electric sedan by the end of 2023
Chinese smartphone manufacturer Xiaomi is now moving forward with its electric car plans. According to Chinese media, the first of the four planned Xiaomi power cars will be an electric sedan to compete with the Tesla Model 3. According to the news website CN EV Post, the mid-sized sedan, internally codenamed Modena, will be larger […] More…
Mercedes-Benz Vans is looking at global production for VAN.EA
Mercedes-Benz Vans wants to produce and roll out the new VAN.EA electric platform on three continents from 2025. This is to meet the growing demand for electric vans – even if the segment will not become completely electric in the foreseeable future, according to Mercedes’ plans. “In perspective, we also want to build VAN.EA models […] More…
Ben Affleck And Jennifer Lopez Spotted Cruising In A New Rivian R1S
Star endorsement of any kind is always good for vehicle sales, especially for a startup that is still far from being an established name. More…
Ford swaps battery partners for Turkish plant
According to industry insiders, Ford is changing battery partners for its planned battery cell factory in Turkey in order to diversify its battery suppliers. Instead of using SK On, its rival LG Energy Solution is now being given the job. Automotive News reported the change with reference to company insiders. Ford signed a letter of […] More…
Three-wheeler given new design
White Motorcycle Concepts (WMC) has started production of a new design of its electric-hybrid three-wheel scooter (writes Nick Flaherty). The WMC300FR uses a patented Venturi duct technology added to a Yamaha Tricity 300 platform with a 292 cc single-cylinder four-stroke motor. The hybrid power-assist unit consists of two 56 V, 12 Ah detachable lithium-ion rechargeable […] More…
IDRA Group Builds Another 9,000-Ton Giga Press, Will Ship It To Asia
Is Tesla’s Giga Shanghai the mystery client? More…
Elon Musk’s New Second-In-Command Won Him Over Working Late Hours
Zhu Xiaotong, who also goes by Tom Zhu, was praised by Elon for “burning the 3AM oil,” which refers to him working late into the night. More…
France reduces electric vehicle subsidies
The French government is cutting its subsidies for electric cars for 2023. The reduction of the eco-bonus, which had previously been postponed for a year, came into force on 1 January. Electric cars will now receive a maximum of 5,000 euros from the state, compared to 6,000 euros. France had decided to increase the subsidy […] More…
Factorial Unveils 100 Amp-Hour Solid-State Battery Cell Concept At CES
The prototype battery cell was shown at the Stellantis exhibition space. More…
BMW delivered over 200,000 electric cars in 2022
In 2022, the BMW Group sold a total of 215,755 fully electric vehicles from the BMW and Mini brands, more than twice as many as in 2021. The Group was also able to hand over the 500,000th fully electric vehicle to customers by the end of 2022. In 2021 as a whole, BMW sold a […] More…
Britishvolt to sell majority stake to stay afloat
Britishvolt, the battery maker currently in financial dire straits, can apparently still fulfil its plans for a battery cell factory in Blyth in the north-east of England, just not on its own. The company is talking about a possible sale to secure its future. Britishvolt now reveals that it is in talks with a consortium […] More…
NHTSA To Investigate Musk’s Tweet About Disabling Steering Wheel Nags
Tesla’s CEO agreed to turn them off after some tweets from FSD Beta users, but he didn’t offer other details. More…
Elon Musk Breaks Guinness World Record For Largest Fortune Loss
He lost about $200 billion in personal wealth since November 2021 largely because of the collapse of Tesla stock. More…
Polestar exceeds delivery targets for 2022
Polestar delivered about 21,000 vehicles in the fourth quarter of 2022, exceeding its reduced sales target of 50,000 electric cars for the full year 2022. According to the manufacturer’s preliminary figures, Polestar sold 51,500 cars last year. This marks an increase of around 80 per cent compared to 2021. Until May, Polestar itself projected 65,000 […] More…
Tesla customers in China are not happy
Tesla’s renewed – and quite significant – price cuts for the Model 3 and Model Y in China are now causing protests from existing customers. Hundreds of Tesla owners protested against the company’s pricing policy in front of Tesla showrooms and delivery centres in China over the weekend. Tesla lowered its prices in China just […] More…
Hyundai Ioniq 5 With e-Corner Modules Can Rotate Its Wheels 90 Degrees
The prototype announced at CES can also spin 360 degrees, drive diagonally, and steer like a forklift. More…
