LG Energy Solution (LGES) announces plans to offer battery diagnostic software to global automakers amidst electric vehicle (EV) fire safety concerns in South Korea. On August...
Hyundai will produce its IONIQ BEV series and corresponding battery packs in Thailand. The South Korean automaker recently confirmed its $30 million investment in Thailand. Hyundai...
Tesla launched a Drive Anywhere Package for new Model S and Model X purchases. Tesla’s Drive Anywhere Package costs an additional $5,000. It includes three main...
South Korean battery supplier LG Energy Solution (LGES) estimates that its unique dry electrode process could reduce cell manufacturing costs by 17% to 30%. LGES has...
The European Commission reduced Volkswagen’s import tariff rates for the Cupra Tavascan, produced by the German automaker’s SEAT subsidiary in China. The VW Cupra Tavascan received...
The European Commission recently dropped Tesla China’s import tariffs to 9%. On July 5, the Commission imposed provisional tariffs on electric vehicle (EV) imports from China....
Tesla China’s Vice President of External Affairs, Grace Tao, provided an update on the company’s upcoming Megafactory in Shanghai. According to Tao, Tesla’s Megafactory construction in...
Gene Munster and Brian Baker from Deepwater Asset Management visited Redwood Materials recently. The analysts believe the battery recycling company will be prosperous despite the soft...
Registrations for Chinese electric vehicles (EVs) like BYD and SAIC’s MG brand dropped by 45% compared to June. The decline in Chinese EV registrations has been...
Mercedes-Benz has drawn the ire of the electric vehicle (EV) fire victims in South Korea for providing an “absurdly insufficient” donation to the residents of the...
Tesla FSD (Full Self-Driving) 12.5.3’s performance has received mixed reviews from drivers, revealing that there are still some kinks to work out with the autonomous driving...
Nio’s brand, Onvo, is challenging the Tesla Model Y with its new all-electric L60 vehicle. The Onvo L60 just rolled off the production line, ready to...
Hyundai and Kia—both brands under Hyundai Motor Company—unveiled a safer battery management system (BMS), defusing electric vehicle (EV) fire fears currently gripping South Korea. On Thursday,...
Renault challenges the Tesla Model Y in the United Kingdom. Renault’s champion against the battle with Tesla is its all-electric Scenic E-Tech SUV. On a billboard...
Canoo released its Q2 2024 results and reaffirmed its cash flow guidance. The company reported a quarterly revenue of $605,000 and a quarterly Adjusted EBITDA of...
The National Highway Traffic Safety Administration (NHTSA) closed its preliminary evaluation regarding alleged front suspension failures in 74,918 Tesla vehicles. The NHTSA states the investigation’s closure...
Starlink received a license in Sri Lanka, enabling it to start operations there. According to the Sri Lankan President’s office, the local telecommunications regulator issued a...
General Motors (GM) plans to restructure its operations in China to regain profitability. The legacy automaker is laying off employees in China working in market-related departments,...
Elon Musk’s xAI company recently released Grok-2 Beta, which rolled out new features like image generation. “We are excited to release an early preview of Grok-2,...
Federal and state lawmakers in the United States are considering lithium ion battery regulations to prevent fires. Fire safety concerns have become a highly-discussed topic since...