Ford Motor Co announced today three significant deals pertaining to the supply of lithium products, including lithium hydroxide. These agreements are part of Ford’s strategy to accelerate the production of Full Article »
According to Toyota Motor Corp’s top scientist, a shortage of resources makes battery electric vehicles (BEVs) an inadequate solution to combat climate change. Toyota has faced criticism for its slow Full Article »
According to a forecast and analysis conducted for Reuters, General Motors (GM) may face a battery bottleneck that could hinder its projected EV production for 2025. While GM has announced Full Article »
Panasonic Holdings Corp, a Japanese company known for its battery manufacturing, has announced its plans to expand battery production for electric vehicles (EVs) in North America. The company intends to Full Article »
Japanese automotive and motorcycle makers, Toyota, Honda, Suzuki, Kawasaki, and Yamaha are joining forces to develop hydrogen internal combustion engines for small vehicles, motorcycles, boats, construction equipment, and drones. This Full Article »
On May 16, Elon Musk, the CEO of Tesla Inc, addressed shareholders at the company’s annual meeting held in Austin, Texas. During the meeting, Musk emphasized that Tesla would not Full Article »
Finding an electric vehicle (EV) for a test drive and purchase can be a challenging task unless you have a clear idea of what you want and are prepared to Full Article »
A group of Tesla Model S and Model X owners in the United States filed a proposed class-action lawsuit against Tesla in California. The lawsuit alleges that automatic software updates Full Article »
The declining market share of franchised dealers in states like Washington and Colorado, which allow direct sales and follow California’s climate standards, is cutting into their potential profits. Tesla’s sales Full Article »
VinFast, an electric vehicle (EV) maker founded by Vietnam’s richest person, is set to go public through a merger with Black Spade Acquisition Co., a blank-check company. This would be Full Article »
Tesla has raised the prices of its Model S, X, and Y electric vehicles in the United States by low single-digit percentages, marking the second time the company has hiked Full Article »
Toyota Motor Corp recently announced that it expects operating profit to increase by 10% this year, with a significant five-fold increase in pure electric vehicle (EV) sales. The company’s CEO, Full Article »
Rivian Automotive Inc (RIVN.O) exceeded analysts’ expectations for quarterly revenue by selling more high-end electric vehicles in Q1, while maintaining its production forecast of 50,000 cars for the year. The Full Article »
Fisker Inc has revised down its 2023 production target due to supply chain challenges in the electric vehicle (EV) industry. The setback is part of a broader trend of U.S. Full Article »
Lucid Motors, Lucid Group Inc (LCID.O), reported disappointing first-quarter revenue, falling short of Wall Street estimates due to a pricing war that was sparked by Tesla Inc (TSLA.O) and resulted Full Article »
