November 29, 2024
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Electric car maker Fisker files for bankruptcy, leaving thousands of EV owners with uncertain future
Nickie Louise Posted On July 1, 2024


Electric vehicle startup Fisker filed for Chapter 11 bankruptcy protection in June 2024. The news ends months of speculation over the future of the company and marks a critical point in the company’s tumultuous journey. Fisker is now focused on […]


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Ionic Materials, a tech startup set to revolutionize lithium batteries for EVs, shuts down operations
Nickie Louise Posted On June 6, 2024


Ionic Materials, a solid-state EV battery hopeful, has shut down. According to a report from The Information, the Massachusetts-based Ionic Materials has ceased operations. The company has also let go of nearly its entire workforce, marking a significant setback in […]


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Amazon’s self-driving startup Zoox to begin testing its robotaxi service in Austin and Miami
Nickie Louise Posted On June 6, 2024


Zoox, a self-driving tech startup Amazon acquired in 2020 for $1.2 billion, is preparing to test its autonomous vehicles on the streets of Austin, Texas, and Miami, even as U.S. regulators probe incidents. The announcement coincides with an ongoing investigation […]


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Fisker lays off hundreds of workers as the embattled EV startup struggles to stay afloat
Daniel Levi Posted On May 30, 2024


Beleaguered electric vehicle startup Fisker has reportedly laid off hundreds of employees as part of the effort to stay afloat. The news comes as the company seeks funding, a potential buyout, or prepare for bankruptcy. According to a report by […]


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BYD unveils new hybrid that can drive non-stop for over 2,000 kilometers without recharging or refueling
Nickie Louise Posted On May 29, 2024


Chinese electric vehicle (EV) giant BYD has unveiled an innovation that could shake the global auto market. Its latest advance isn’t a new car but a next-generation hybrid powertrain capable of traveling more than 2,000 kilometers (1,250 miles) on a […]


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Thousand of unsold Tesla cars pile up in abandoned mall parking lots; 46,561 more vehicles produced than delivered in Q1 2024
Daniel Levi Posted On May 16, 2024


“According to Tesla’s own figures, the electric automaker produced 46,561 more vehicles than it delivered to customers during the first quarter of 2024.” Last month, we wrote about Tesla after it laid off over 10% of its global workforce, sparking […]


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Tesla lays off more staff in software and engineering amid slow sales and price war
Nickie Louise Posted On May 7, 2024


Tesla has laid off more staff across its software, service, and engineering divisions, according to a report from tech publication Electrek, citing people familiar with the matter. The move follows the recent dissolution of its EV charging sector, part of […]


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Tesla fires 500 workers in its Supercharger team: “Everyone is in complete shock”
Nickie Louise Posted On May 1, 2024


In a startling move, Tesla has laid off 500 employees from its Supercharger division, raising concerns about the company’s charging strategy amidst calls for further expansion from EV enthusiasts. The fallout was swift, with Tesla shares plummeting nearly 6% on […]


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Tesla soars after Elon Musk wins approval for full self-driving (FSD) rollout in China; stock pops 16%
Daniel Levi Posted On April 29, 2024


In a positive turn of events for Tesla, Elon Musk’s surprise visit to China over the weekend seems to have paid off big time for the electric car giant. Tesla’s stocks surged by more than 16% at the beginning of […]


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Swedish tech startup X Shore raises $9.2 million for its fully electric boats
Nickie Louise Posted On April 29, 2024


Stockholm-based electric boat tech startup X Shore announced on Monday it has secured SEK 100M (approximately $9.2 million) in funding to advance its 100% electric boats. The funding round was backed by existing major shareholders including company founder Konrad Bergström. Similar […]


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Tesla lays off over 10% of its global workforce
Nickie Louise Posted On April 15, 2024


Tesla has reportedly laid off “more than 10%” of its global workforce, according to a report from Electrek. Citing an “internal company-wide email,” Electrek claimed that Elon Musk attributed the layoffs to a “duplication of roles and job functions in […]


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BYD to launch first electric pickup truck to challenge Tesla and Ford as EV truck war rages on
Nickie Louise Posted On April 4, 2024


The race for dominance in the electric vehicle (EV) truck market has officially kicked into high gear as China’s electric car giant BYD entered the electric pickup truck race. Just two months after BYD dethroned Tesla as the world’s largest […]


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Seattle-based startup Recurrent aims to rate EV battery health like car mileage to help you know your EV’s driving range
Daniel Levi Posted On March 26, 2024


The bustling used car market dwarfs the new car market by more than double, and electric vehicles (EVs) are rapidly joining the fray. This presents a unique challenge: valuing these battery-powered vehicles. Unlike traditional gasoline cars, around 40% of what […]


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Apple abandons its electric car ambitions after a decade, doubles down on AI
Nickie Louise Posted On February 28, 2024


Apple has pulled the plug on its long-anticipated electric car venture, internally dubbed “Project Titan,” marking the end of nearly a decade of development, reports Reuters, citing a source in the know. While the exact reasons for this cancellation remain […]


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Stellantis invests in French sodium-ion battery startup Tiamat to bolster its EV push
Nickie Louise Posted On January 12, 2024


Stellantis, the world’s third-largest automaker, announced on Friday its investment in the French sodium-ion battery startup Tiamat as part of a broader effort to diversify its portfolio and ramp up the production of electric vehicles while minimizing reliance on scarce […]


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China’s BYD surpasses Tesla to become the world’s largest electric car maker
Daniel Levi Posted On January 2, 2024


China’s BYD has overtaken Tesla to become the largest maker of pure-electric vehicles. In the last quarter of 2023, BYD surpassed Tesla to claim the top spot as the world’s largest electric car company. The Chinese electric car manufacturer experienced a […]


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Smartphone giant Xiaomi enters the EV race with the launch of its first electric car, SU7
Daniel Levi Posted On December 28, 2023


Xiaomi, known for its smartphones and pocket gadgets, made a big move on Thursday by unveiling its very first electric car, which the company said can outperform Porsche and has more tech than Tesla. With this launch, the company said […]


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Hyperloop One Shuts Down: Virgin-backed futuristic startup Hyperloop One’s rocky ride ends with shutdown
Daniel Levi Posted On December 22, 2023


Hyperloop One’s grand vision to revolutionize transportation has come to an unexpected end. The Virgin-backed futuristic startup, which aimed to usher in the next era of high-speed transit across the US, reportedly faced financial challenges, marking the end of its […]


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Nikola founder Trevor Milton sentenced to 4 years in prison for defrauding investors
Nickie Louise Posted On December 18, 2023


The disgraced founder of Nikola, Trevor Milton, has been handed a four-year prison sentence following his conviction for defrauding investors in October 2022. In a rather unusual courtroom scene, Milton, in an attempt to avoid the prison term, brought up various […]


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Tesla to roll out software updates for over 2 million vehicles in the U.S. to resolve Autopilot ‘defect’
Nickie Louise Posted On December 13, 2023


Tesla is pushing software updates to nearly every Tesla car sold in the United States to address a defect in the company’s Autopilot system, making it the largest-ever in Tesla history Tesla is rolling out software updates for almost every […]


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