BYD continues to expand business in Europe Chinese automaker BYD continues to expand its business in Europe by developing local partnerships. Recently, BYD signed a Memorandum of Understanding (MoU) with Ayvens, a leading global sustainable mobility player. “Our cooperation with Ayvens reflects our mutual vision to accelerate the development of New Energy Vehicle markets in…
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Tesla Cybertruck on track to be #1 electric pickup truck in the US
Tesla Cybertruck on track to be #1 electric pickup truck in the US The Tesla Cybertruck is on track to becoming the #1 electric pickup truck in the United States. Tesla recently celebrated the Tesla Cybertruck becoming the best-selling electric pickup truck in the US. Tesla reported delivering approximately 443,956 vehicles in total for Q2…
Fisker poised to sell remaining Ocean inventory in bulk for $46.25 million
Fisker poised to sell remaining Ocean inventory in bulk for $46.25 million A New York leasing firm may be getting the deal of the decade amidst Fisker’s ongoing bankruptcy proceedings. As per a filing, Fisker would be entering an agreement to sell its entire Fisker Ocean inventory — all 3,231 units — to American Lease for up to $46.25…
Tesla Model Y makes it to China local gov’t NEV procurement catalog
Tesla Model Y makes it to China local gov’t NEV procurement catalog China’s security concerns about Tesla’s vehicles seem to have completely dissipated. As per observations from industry watchers, the Giga Shanghai-made Tesla Model Y has made it into a local government vehicle procurement catalog in China. As noted in a CNEV Post report, the Tesla Model Y Rear Wheel Drive (RWD),…
Tesla launches perfect discount just in time for 4th of July
Tesla launches perfect discount just in time for 4th of July Tesla has launched the perfect discount for car buyers just in time for the 4th of July as Americans celebrate Independence Day. Tesla will be giving anyone who is active military or a veteran, along with their spouses, a $1,000 discount on the Model…
Tesla gets its mojo back and Wedbush responds with price target move
Tesla gets its mojo back and Wedbush responds with price target move Tesla stock (NASDAQ: TSLA) has evidently gotten its mojo back. At least, that’s what analysts from both Morgan Stanley and Wedbush are saying. Over the past five days, Tesla shares have exploded over 26 percent, nearing what would be their highest price of…
Ford flexes strong quarter from EVs with 61% growth, trailing only Tesla
Ford flexes strong quarter from EVs with 61% growth, trailing only Tesla Ford flexed a strong Q2 for its electric vehicle division, known as Model e, showing a 61 percent growth in sales for the quarter and a 72 percent increase for the year. Tesla is the only EV maker in the U.S. that is…
Rivian denies report alleging that R2 may be produced at Volkswagen’s South Carolina plant
Rivian denies report alleging that R2 may be produced at Volkswagen’s South Carolina plant Electric truck maker Rivian has denied a recent report from Germany claiming that the upcoming Rivian R2 may be produced at Volkswagen’s South Carolina plant in the United States. Initial reports about the matter were reported in German newspaper Handelsblatt, which…
Tesla update 2024.26 introduces Parental Controls with “Night Curfew,” speed limits, and more
Tesla update 2024.26 introduces Parental Controls with “Night Curfew,” speed limits, and more Tesla is reportedly rolling out software update 2024.26 to its employees, and as per observations from the electric vehicle community, this particular update seems to include a number of interesting features. Most notable is Parental Controls, which arguably make Teslas the best…
Tesla has delivered over 6 million vehicles globally
Tesla has delivered over 6 million vehicles globally With Tesla’s impressive second quarter 2024 results, the electric car maker has achieved a very impressive milestone. Since 2012, Tesla has successfully delivered over 6 million vehicles worldwide, an amazing accomplishment for such a young automaker. Industry watchers note that after Tesla’s 443,956 vehicles delivered in Q2 2024, the company’s total deliveries since…