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In a move to accelerate the growth of electric vehicles, Nissan, a prominent Japanese automaker, has decided to embrace Tesla’s electric-vehicle charging technology in the U.S. and Canada. Starting from 2025, Nissan vehicles will be equipped with the Tesla-developed North American Charging Standard (NACS) port. This is a strategic step towards Nissan’s target of making…
In a groundbreaking development, Michigan-based company Our Next Energy (ONE) has announced a partnership with BMW that could revolutionize electric vehicle (EV) technology. They’re working on a new battery, coined the Gemini, that boasts the ability to power a vehicle for an unprecedented 600 miles on a single charge. The target for this technology? BMW’s…
Tesla is gearing up to conduct a citizen information session in the German state of Brandenburg, addressing its ambitious expansion plans for the local electric vehicle (EV) and battery plant. The move comes as Tesla aims to ward off potential delays that could stem from local objections, much like those that put a previous project…
In a recent turn of events, Tesla Inc’s board members have opted to settle a lawsuit brought forward by shareholders. The suit had contested the directors’ compensation, resulting in them relinquishing the value of 3.1 million stock options, equating to $735 million, back to the company. This settlement was revealed in a court filing in…
In the escalating battle of electric vehicle pricing, Ford Motor has taken a strategic step by reducing the price of its F-150 Lightning trucks, a move aimed at bolstering its presence in the Tesla-dominated EV market. This decision led to a 5% drop in Ford’s shares, while General Motors and EV maker Rivian experienced a…
China’s electric vehicle giant, BYD Co, is making a power move in India. The company, along with Hyderabad’s Megha Engineering and Infrastructures, has submitted a proposal for a $1 billion investment to Indian authorities. If approved, this joint venture will pioneer the construction of electric cars and batteries on Indian soil, anonymous insiders told Reuters.…
The legendary British automotive brand, Triumph, is back in the spotlight with a dazzling electric sports car concept, the TR25, after decades of silence. Once a formidable contender in the American sports car market during the 50s and 60s, Triumph’s legacy ended with a Honda sedan re-badge before disappearing entirely in 1984. However, in an…
Tesla, the renowned electric vehicle manufacturer, has triumphed over adversity to build its first Cybertruck at its Austin, Texas facility, as announced in a recent Saturday tweet. This comes after two years of delays, largely due to component shortages, which led to the launch being pushed to 2023. Elon Musk, the company’s founder, first introduced…
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