Rivian CEO RJ Scaringe purchased 41,000 shares of the EV manufacturer’s Class A common stocks at an average price of $25.7772. Scaringe’s Rivian stock purchase approximately...
Electric vehicles are gaining ground in the United States despite the ongoing semiconductor shortage. Data from financial firm Experian indicates that EV registrations rose 60% in the United...
American veteran automaker General Motors seems to be getting extremely serious in the electric vehicle race. As indicated in recent spy photos, GM appears to be...
On Monday, May 16, LG Chem announced that it developed a new plastic for battery products. The flame retardant plastic prevents fire from spreading. According to...
Tesla and India will not be working together any time soon, as new reports now indicate that Tesla has pulled its team responsible for entrance into...
Tesla CEO Elon Musk is looking to eliminate margin loans by raising more equity and preferred financing for his $44 billion Twitter buyout. The termination of...
Rivian Automotive (RIVN) is up on Thursday’s intraday after the company reiterated its full-year production target. The company reported an adjusted loss per share of $1.43...
On Wednesday, May 11, Volkswagen Group’s Supervisory Board confirmed the company’s plans to launch an all-electric pickup truck and rugged SUV for the US market. VW...
Israel-based StoreDot, a manufacturer of extreme fast charging battery technology for electric vehicles, publicly demonstrated its ability to charge a full-scale EV cell with enough energy...
The Tesla Model Y has won U.S. News award for “Best Luxury Electric SUV,” beating out a heavy lineup of worthy battery-powered sport utility vehicles. The...
Former Tesla 4680 battery cell production engineer James Herbermann has been named Vice President of Manufacturing at the American Battery Factory (ABF). “James brings to American...
Rivian Automotive (NASDAQ: RIVN) will report its earnings for the first quarter of 2022 later today. Here’s what to expect, according to Wall Street consensus estimates...
Volkswagen plans to revive the Scout off-road vehicle brand. The Scout brand’s resurrection will help Volkswagen in its bid to expand in the United States. People...
Oil and gas giant Shell has partnered with Penske Truck Leasing to launch a new joint initiative to support light-duty electric vehicle charging at Penske locations....
South Korean automaker Hyundai is tentatively planning to build a new electric vehicle manufacturing facility in the United States, and it could land in Georgia, where...
General Motors has confirmed that it is partnering with IBM subsidiary Red Hat to develop a new, open-source Linux-based operating system. The upcoming OS would support...
Tesla said in its 2021 Impact Report that it received 3 million job applications from potential employees last year. “By attracting, developing, and retaining excellent talent,...
Contemporary Amperex Technology Co (CATL) said in March 2021 that it would invest $5 billion into potential electric vehicle battery cell manufacturing sites in North America....
General Motors CEO Mary Barra has plans to catch Tesla by mid-decade, and she plans to lean on cheaper electric vehicles that are more comparable in...
Penske Truck Leasing announced today it would add a series of Orange EV electric terminal trucks to its fleet of leasable electric vehicles in the United...
