GM and Stellantis to receive over $1 billion from Biden administration for EV projects General Motors (GM) and Stellantis are poised to receive over $1 billion from the Biden administration to support the automakers’ electric vehicle projects. These include $500 million for GM’s Lansing Grand River Assembly plant in Michigan, $334.8 million for Stellantis’ Belvidere…
Tesla Giga Berlin unveils “Giga Gym” for factory employees Tesla Giga Berlin seems determined to become the electric vehicle maker’s most fun factory. As could be seen in a recent video posted by Tesla Manufacturing on its official social media account on X, Tesla Germany recently took the wraps off Giga Berlin’s in-house “Giga Gym.” …
Tesla’s robotaxi reveal will happen in October—not August—to give the automaker more time to develop prototypes, Bloomberg reported on Thursday.
Kelley Blue Book data revealed that the Cybertruck outsold the F-150 Lightning in Q2, though Ford is still ahead year-to-date.
Lithium costs are down, non-Tesla EV sales are growing steadily and many brands plan more PHEV options. Data shows the future is electrified.
In June, sales of Model Ys built in China—for that country and for export—decreased by 30% year-over-year.
Tesla’s energy unit gives Morgan Stanley reason to modify price target breakdown Tesla’s energy unit was the talk of the second-quarter vehicle delivery report that was released last week. The numbers Tesla reported for its energy storage deployments for Q2 have Morgan Stanley and its analyst Adam Jonas considering the division as more of a…
Tesla bumps Model 3 prices in Europe as tariffs take effect Tesla has bumped up the price of its China-made Model 3 sedan in Europe as it is combating tariffs imposed by the European Union. Tesla will increase prices by €1,500, or $1,622 after the European Union’s tariffs directly impacted any EV manufactured in China…
SpaceX’s next Starship test flight is coming soon, Elon Musk confirms SpaceX’s next Starship test flight is coming soon, CEO Elon Musk confirmed recently. The previous four test flights have shown repeated progress, with each Starship launch showing more positives than the previous. The 400-foot-tall rocket will eventually make life interplanetary; at least, that is…
Fisker CEO makes ultimate sacrifice to save EV company from total death Fisker CEO Henrik Fisker and his wife, Geeta Gupta-Fisker, who are co-founders of the now-bankrupt electric vehicle company, are making the ultimate sacrifice to keep the automaker on life support. After filing for Chapter 11 bankruptcy earlier this Summer, Fisker is doing whatever…