Maria Merano

Elon Musk offers free Starlink internet to Brazil schools 

Elon Musk announced that SpaceX will provide free Starlink internet to schools in Brazil despite the Brazilian government’s decision to…

Panasonic Energy aims for EV battery production in India

Panasonic Energy is discussing a potential joint venture with Indian Oil to produce electric vehicle (EV) batteries in India. The…

Tesla (TSLA) maintains PT & BUY rating from Canaccord

Canaccord Genuity analyst George Gianarikas reiterated the investment bank’s Tesla price target of $234 and maintained the company’s BUY rating.…

Tesla Robotaxi unveiling scheduled for August

The Tesla Robotaxi will be unveiled on August 8, 2024. Elon Musk announced the unveiling after a report claimed that…

Kia goes full throttle on EVs despite demand concerns

Kia is prepared to fully invest in electric vehicles (EVs), despite growing concerns of slowing demand for EVs.  During Kia's…

Ford postpones EV launches to focus on hybrid production

Ford postponed the launch of at least two electric vehicles (EVs) to focus on hybrid production.  The legacy automaker is…

BYD plans to launch Tesla Cybertruck competitor in 2024

BYD plans to launch an electric pickup truck to compete against the likes of the Tesla Cybertruck and the Ford…

The Boring Company’s Prufrock-3 launches at Tesla Giga Texas

The Boring Company’s (TBC) Prufrock 3 has officially launched at Tesla Giga Texas.  In a recent video by drone operator…

Tesla Giga Berlin is producing cars for India 

Tesla Gigafactory Berlin is producing right-hand drive (RHD) cars for India. People close to the matter told Reuters that Gigia…

Nikola releases Q1 2024 delivery & production report

Nikola released its Q1 2024 delivery and production report, stating that the company had a productive first quarter.  “We are…

LG Energy Solution’s Arizona Battery Manufacturing Complex to start hiring by the end of 2024

LG Energy Solution (LGES) plans to start hiring workers for the Arizona battery manufacturing complex by the end of 2024. …

China-owned SAIC to slash jobs at GM & VW ventures [Rumor]

China-owned SAIC plans to cut thousands of jobs from its joint ventures with General Motors (GM) and Volkswagen.  According to…

Hyundai US EV sales jump 62% year-over-year

Hyundai Motor of America's EV sales for the first quarter jumped 62% year-over-year compared to Q1 2023. According to the…

Xiaomi aims to increase SU7 production to meet demand

Xiaomi aims to increase SU7 production to meet demand. According to local media reports, the Chinese company is asking its…

RBC Capital values Tesla FSD above its car business

RBC Capital values Tesla's progress in autonomy—or Full Self-Driving (FSD)—above the company's car business. RBC Capital believes that Tesla's one-month…

Xiaomi SU7 faces its next biggest hurdles after record pre-orders

The Xiaomi SU7 now faces its next biggest hurdles after record pre-orders: production and delivery. Last week, the Xiaomi SU7…

Canoo taps into the $30B Saudi Arabian EV market 

Canoo is tapping into Saudi Arabia's electric vehicle (EV) market, estimated to have a total addressable market of over $30…

BYD releases delivery reports for March 2024

Chinese new energy vehicle (NEV) automaker BYD released its March 2024 delivery report, providing a delivery estimate for Q1 2024…

Tesla Giga Texas is Austin’s largest private employer: Report

Tesla Giga Texas is Austin’s largest private employer. Tesla has worked hard on Giga Texas, which is home to the…

Hyundai considers hybrid production at Georgia EV Factory

Hyundai is considering hybrid production at its Georgia Metaplant, which was supposed to be dedicated to the electric vehicle (EV)…