Even if you’ve been living under a rock, the news of Tesla’s recall has taken over the headlines. You know it’s bad for the mainstream media when the mom of the richest person in the world has to step in […]
TTTech Auto, a Vienna, Austria-based tech startup that provides software platforms for automated driving, has raised $285 million in funding co-led by Auto technology supplier Aptiv PLC and Volkswagen AG’s Audi brand. The latest round gives the four-year-old startup a valuation of $1 billion, […]
China is the largest EV market in the world, accounting for 57% of the global market as of April 2020 and 12 percent of all new electric vehicle sales in 2021. In addition to Tesla, China’s local electric car market is […]
A year ago today, we wrote about Tesla after the world’s most valuable automaker delivered 499,550 vehicles in 2020, a 36% increase over the previous year. Fast forward a year later, Tesla reached a new milestone, beating its 2020 record […]
Imagine you want to go on a long ride on your electric scooter but are unsure of how long the battery charge will last. This is one of many challenges facing users of e-scooters around the world–getting enough juice to […]
With global automakers slowly transitioning from to internal combustion engine (ICE) vehicles to electric, Japan’s Subaru Corp on Thursday unveiled its first all-electric SUV called the Solterra. The vehicle is the result of a two-year joint development project with its biggest […]
2020 was the year of electric vehicles. Everyone watched Tesla skyrocket to the point the company became the most valuable automaker at over $400 billion in the world surpassing Toyota, General Motors, Ford, and others. Today, Tesla’s valuation is more […]
In July, we wrote about the founder of hydrogen truck startup Nikola Trevor Milton after he was charged with criminal fraud and two counts of securities fraud. About a year before the charges, Trevor Milton resigned from the company he founded as […]
Foxconn Technology Group (Foxconn), a Taiwan-based company and the world’s largest electronics manufacturer, is nearing a deal to buy the electric truck startup Lordstown Motors’ Ohio plant, according to a report from Bloomberg, citing people familiar with the matter. The […]
In 2015, Tesla was losing more than $4,000 on every car sold. The company was burning through cash at an alarming rate that reminds us of the dot-com bubble. Tesla burned $359 million in cash in the second quarter as it battled […]
On July 7, 2020, The director of the Federal Bureau of Investigation (FBI) Christopher Wray said that “of the nearly 5,000 active FBI counterintelligence cases currently underway across the country, almost half are related to China.” In a speech delivered at the Hudson […]
As you may recall, Nikola founder Trevor Milton resigned from the electric vehicle company in September 2020 as SEC continued its investigation over short seller’s claims that the hydrogen-electric truck startup misled investors. Milton may go down in what some describe […]
The long-awaited Tesla quarterly is finally out and the electric car giant didn’t disappoint its investors. Tesla reported its quarterly earnings after the bell Monday, beating on both top and bottom lines. Shares rose about 2% after hours. Below are […]
