Electric vehicles
China, world’s leading graphite producer, to control exports of crucial battery material
This image taken on March 12, 2021 demonstrates staff at a manufacturing unit for Xinwangda Electric Car Battery Co. Ltd, which tends to make lithium batteries for electric powered vehicles and other utilizes, in Nanjing in China’s jap Jiangsu province. Str | Afp | Getty Photos China will require export permits for some graphite products from Dec. 1 to […]
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Tesla whistleblowers filed a complaint to the SEC in 2021, but the agency never interviewed them. Here’s what the complaint said
A Tesla Model Y on a Tesla car lot in Austin, Texas, May 31, 2023. Brandon Bell | Getty Images In the fourth quarter of 2021, a Tesla employee and a tech industry researcher jointly filed a whistleblower complaint to the U.S. Securities and Exchange Commission, expressing concerns that Elon Musk’s car company may have […]
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Stellantis, Samsung SDI to build $3.2 billion EV battery plant in Indiana
The Dodge Charger Daytona SRT Concept all-electric muscle car is shown at its world reveal during Dodge’s Speed Week at M1 Concourse in Pontiac, Michigan, Aug. 17, 2022. Bill Pugliano | Getty Images DETROIT — Samsung SDI and automaker Stellantis plan to invest more than $3.2 billion in a new electric vehicle battery plant in […]
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Xpeng suspends source chain boss for corruption probe
The Xpeng G9 SUV is on show during the 20th Shanghai International Vehicle Sector Exhibition at the Nationwide Exhibition and Convention Centre in Shanghai, April 18, 2023. VCG | Visible China Group | Getty Visuals Chinese automaker Xpeng on Tuesday said it suspended Li Feng, its vice president in demand of source chains, for a […]
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Tesla stock dips right after China EV product sales tumble 11%
The new Tesla Product 3+ is on sale at a Tesla keep in Hangzhou, Zhejiang province, in China, on Sept. 26, 2023. Costfoto | Nurphoto | Getty Pictures Tesla stock dipped about 2% Monday soon after its gross sales of China-built electric autos diminished 10.9% 12 months over year for the thirty day period of […]
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Why superyacht builders are investing in photo voltaic
Early tech adopters are investing in a new toy: solar-powered electrical yachts. Throughout the world superyachts are already a should-have for present-day prosperous and famed. There are some 5,555 of them navigating the world’s oceans and seas, according to SuperYacht Times’ Condition of Yachting Report. New buyers are overwhelmingly American, with the report locating that […]
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Tesla cuts Product 3 and Product Y rates in the U.S. soon after car or truck deliveries slide
A Tesla dealership in Colma, California, U.S., on Wednesday, Jan. 26, 2022. David Paul Morris | Bloomberg | Getty Visuals Tesla lower the price tag of some Design 3 and Model Y versions in the U.S. after the enterprise claimed third-quarter deliveries that skipped current market anticipations. The starting off cost for the Design 3 […]
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Lucid’s shares fall after company launches a cheaper version of the Air EV to boost demand
The Lucid Air Pure is the least-expensive version of Lucid’s electric Air luxury sedan. Meghan Reeder | CNBC Shares of Lucid Group were lower in early trading Thursday after the company launched a cheaper version of its Air electric luxury sedan in a bid to stoke demand. The stock was down about 9% as of […]
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Rivian shares sink 16% after the EV maker said it plans to raise $1.5 billion
Shares of Rivian Automotive were sharply lower in early trading Thursday, after the company surprised investors with a plan to offer $1.5 billion in convertible notes. It also provided a preliminary estimate of its third-quarter revenue that was in line with Wall Street estimates. Shares were down 16% as of 10 a.m. ET. In a […]
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As EV profits surge and cars and trucks get heavier, parking garages will have to modify
Charging details at an underground car park in England. The variety of EVs on our streets is escalating. Peter Titmuss/UCG | Universal Photographs Team | Getty Visuals Driving is modifying. Today, hybrids and pure electrical cars are a popular sight all-around the globe, and the total dimension and heft of automobiles — no matter whether […]
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