California to disperse $40.5 million in funding for EV fast-chargers The state of California is set to distribute $40.5 million in federal funding to build electric vehicle (EV) fast chargers, as announced by the office of Governor Gavin Newsom earlier this week. The federal funding will be used to build 270 EV fast chargers across…
Tesla Model 3 and Model Y are most popular EVs for U.S. fleets: data Along with being the best-selling electric vehicle (EV) brand for consumers, new research shows that Tesla is also the most popular brand for U.S. fleets going electric. According to new data from S&P Global Mobility, Tesla vehicles constituted almost a third…
Tesla shareholders can win tickets to Cybertruck delivery event in Texas Tesla is holding a drawing for shareholders to win the opportunity to attend the company’s upcoming delivery event for the Cybertruck. The Cybertruck delivery event is set to take place at Tesla’s Gigafactory in Austin, Texas on November 30, and a new web page…
Stellantis joins Ford in reaching tentative UAW agreement: report Stellantis has reportedly reached a tentative agreement with the United Auto Workers (UAW) union, which includes the reopening of one plant in Illinois. After Ford reached a tentative agreement with the UAW earlier this week, Stellantis has joined the automaker in offering a 25-percent wage increase…
Rivian Adventure Network to start billing customers next month The Rivian Adventure Network (RAN) is set to begin billing customers after the service has remained free for owners of the company’s electric pickups and SUVs until now. Rivian sent an email to customers sharing the news this week, saying that the DC fast-charging network would…
Is this a sign of Tesla’s domination coming to an end in the global all-electric car segment?
Mercedes-Benz will lean on ICE sales to bolster earnings as ‘brutal’ EV sector squeezes margins Mercedes-Benz is leaning on the sales of its internal combustion engine vehicles to bolster its earnings reports as “a pretty brutal” space in electric vehicles has squeezed margins to the lower end of its goals. The German carmaker reported its…
Tesla not to be scrutinized in EU electric vehicle probe Tesla is not going to be scrutinized in a probe from the European Union that will investigate potential subsidy manipulation from vehicles built and imported into Europe from China. In September, we reported on a potential probe from the EU that would investigate several brands…
Tesla investment hope not yet abandoned by Indonesian President Tesla is still in talks with Indonesia regarding a potential investment, the country’s President Joko Widodo said. Tesla has been expanding its footprint on a global scale for several years, with the most recent pieces of evidence being its Gigafactories in China, Germany, and Mexico. The…
Ford to postpone ~$12 billion in EV investment Ford Motor Co. is postponing about $12 billion in planned spending on new electric vehicle manufacturing capacity in North America. The move comes as the automaker noted on Thursday that customers are generally no longer willing to pay a premium for electric cars. Ford’s electric vehicle sales…