Honda buys out EV battery plant in the US for nearly $3B as it preps for an all-new lineup

Honda agreed to buy its co-owned EV battery plant in Ohio from LG Energy Solutions as it prepares for an all-new dedicated lineup. Honda buys US EV battery plant from LG for $2.9 billion The facility, L-H Battery Company, is part of Honda and LG Energy’s joint venture in the US. Honda and LG announced… Continue reading Honda buys out EV battery plant in the US for nearly $3B as it preps for an all-new lineup

Elon Musk drops ‘sustainable’ from Tesla’s mission as he completes his villain arc

It’s official. The word “sustainable” is gone from Tesla’s mission statement. For over a decade, Tesla’s guiding star was arguably the most impactful corporate mission statement of the 21st century. But over the last few years, we have watched the company slowly drift away from its environmental roots. Now, Elon Musk has confirmed the final… Continue reading Elon Musk drops ‘sustainable’ from Tesla’s mission as he completes his villain arc

NHTSA opens probe into Tesla emergency door releases following reports of deaths

The National Highway Traffic Safety Administration (NHTSA) has officially opened a defect petition to evaluate the emergency door release mechanisms in the Tesla Model 3. The probe covers approximately 180,000 vehicles and focuses on allegations that the manual releases are too difficult to locate during emergencies. The investigation comes following several media reports regarding fatal… Continue reading NHTSA opens probe into Tesla emergency door releases following reports of deaths

GM is inviting EV owners to test this feature that should be standard for all vehicles

If you haven’t used one yet, a Digital Key is life-changing. It should be a given on all new vehicles nowadays. GM is finally asking a select group of EV owners to test the new feature. GM begins Digital Key tests for EV owners Tesla first introduced its digital key for the Tesla Model 3… Continue reading GM is inviting EV owners to test this feature that should be standard for all vehicles

Tesla driver crashes during livestream desmonstrating ‘Full Self-Driving’ features

A Tesla drove in the wrong direction, resulting in a head-on collision with another vehicle, during a livestream, demonstrating Tesla’s ‘Full Self-Driving’ features. Earlier this year, Tesla launched its Level 2 driver-assist system, ‘Full Self-Driving’ (FSD), in China. Like in the US, despite its name, the system requires constant driver supervision. Unlike in the US,… Continue reading Tesla driver crashes during livestream desmonstrating ‘Full Self-Driving’ features

Tesla signs massive 1 GWh Megapack project in the UK with Matrix Renewables

Tesla Energy has secured another massive Megapack project in the UK. Matrix Renewables announced today that it has signed a full EPC agreement with Tesla for a 500 MW / 1 GWh battery energy storage system in Scotland. The UK has been one of Tesla’s strongest markets for energy storage. We have frequently reported on… Continue reading Tesla signs massive 1 GWh Megapack project in the UK with Matrix Renewables

Does Faraday’s FX Super One show us how Chinese EVs will get into the US?

Faraday Future unveiled its upcoming FX Super One MPV on Thursday, which appears to be a rebadged Great Wall Motors Wey Gaoshan. Which brings us to the question: is this how we might see more Chinese EVs make their way to the US? The EV market in China has grown rapidly in recent years, not… Continue reading Does Faraday’s FX Super One show us how Chinese EVs will get into the US?

Faraday Future unveils FX Super One, an EV minivan with a funny F.A.C.E.

Faraday Future is still kicking and unveiled its next planned vehicle tonight – the FX Super One, an all-electric MPV. The FX Super One is an MPV, “Multi Purpose Vehicle,” which is… basically the new word for a minivan. Minivans have gotten less popular in recent years, as the entire industry has been infected with… Continue reading Faraday Future unveils FX Super One, an EV minivan with a funny F.A.C.E.

Tesla Cybertruck is going to be a $35,000 truck in 18 months, expert says

Tesla Cybertruck used prices are declining as more trucks reach two years old. Doug DeMuro, a popular car reviewer who became somewhat of a car pricing expert through his auction site Car and Bids, now predicts the Tesla Cybertruck will be selling for just $35,000 in 18 months. When Tesla initially set the base price… Continue reading Tesla Cybertruck is going to be a $35,000 truck in 18 months, expert says

Waymo seeks massive $15 billion raise at $100 billion valuation to fuel robotaxi expansion

Waymo is reportedly looking to raise a massive new round of funding that would value the autonomous driving company at over $100 billion as it accelerates its expansion. Since Alphabet spun out its self-driving car project into Waymo back in 2016, the company has been seen as the leader in the space, at least when… Continue reading Waymo seeks massive $15 billion raise at $100 billion valuation to fuel robotaxi expansion