Ford, GM, and Stellantis announce joint 40-50% EV sale goal in 2030 – who is going to buy other 50%?

Ford, GM, and Stellantis, also known as the Detroit Big Three, announced today a joint goal for electric vehicles to achieve 40% to 50% of their sales in the US by 2030. Who is going to buy the other 50% of their cars? Over the last year, Ford, GM, and Stellantis (mainly Chrysler, Dodge, Ram,… Continue reading Ford, GM, and Stellantis announce joint 40-50% EV sale goal in 2030 – who is going to buy other 50%?

Tesla agrees to pay owners $625 each over battery throttling after class-action lawsuit

Tesla has agreed to settle a class-action lawsuit over throttling battery capacity. The court hasn’t approved the settlement, but it is expected to be and will include a payment of $625 to each affected Tesla owner. Back in 2019, Electrek reported on several reports from Tesla owners about seeing significant drops in range from 12 to 30… Continue reading Tesla agrees to pay owners $625 each over battery throttling after class-action lawsuit

Tesla (TSLA) launches major shift in retail strategy: cheaper locations, remote working, and more

Tesla (TSLA) is currently implementing a major shift in its retail strategy, according to sources familiar with the matter. The automaker will move away from showrooms in fancy malls, and instead it will focus on cheaper locations, remote managing of test drive fleet, and delivery centers. Tesla’s confusing retail strategies Since Tesla doesn’t use the… Continue reading Tesla (TSLA) launches major shift in retail strategy: cheaper locations, remote working, and more

Elon Musk confirms Tesla will not offer a regular steering wheel on new Model S/X

Elon Musk has confirmed that Tesla will not offer a regular steering wheel option on new Model S and Model X vehicles. When Tesla unveiled the new Model S with the “yoke” butterfly steering wheel, it was controversial. Some were worried about the actual shape of the wheel being problematic and others about the lack… Continue reading Elon Musk confirms Tesla will not offer a regular steering wheel on new Model S/X

Fisker to debut Ocean EV at LA Auto Show, expand global retail presence in 2022

Fisker Inc. has recently shared plans to debut its upcoming Ocean SUV during the 2021 Los Angeles Auto Show, taking place this November. Furthermore, the born-again EV automaker has also shared a timeline for global “Brand Experience Centers,” set to roll out in the US and Europe in 2022. Fisker Inc. ($FSR) is an EV… Continue reading Fisker to debut Ocean EV at LA Auto Show, expand global retail presence in 2022

Tesla (TSLA) is going on a salesforce hiring spree as demand ramps up in the US

Tesla (TSLA) is going on a salesforce hiring spree as demand is expected to ramp up in the US. However, the automaker is focusing on part-time positions to cut costs. Sources familiar with the matter told Electrek that Tesla is embarking on a new hiring spree for sales staff in North America. The hiring spree… Continue reading Tesla (TSLA) is going on a salesforce hiring spree as demand ramps up in the US

Tesla (TSLA) sells back Maxwell Technology’s ultracapacitor business to former executives

Tesla (TSLA) has sold back Maxwell Technology’s ultracapacitor business and brand after acquiring it just over two years ago. Back in 2019, Tesla announced the acquisition of Maxwell Technology, a San Diego-based ultracapacitor and battery company, for over $200 million. While the company was mostly known for its ultracapacitor business, it had just developed a dry electrode… Continue reading Tesla (TSLA) sells back Maxwell Technology’s ultracapacitor business to former executives

GM expands Ultium Charge 360 program to commercial fleets to accelerate EV adoption

In an announcement this morning, General Motors (GM) has unveiled plans to expand its newly formed Ultium Charge 360 program to include commercial fleets. GM’s holistic approach to charging infrastructure and acceleration of electrified fleets already has five partners onboard, including EVgo. GM’s Ultium Charge 360 program was first introduced in April as a simplified… Continue reading GM expands Ultium Charge 360 program to commercial fleets to accelerate EV adoption

GM asks Chevy Bolt EV owners not to charge overnight or park inside after 2 more fires

There have been three recent Chevy Bolt EV fires, two within the past 2 weeks. One in May which had the temporary recall, another July 1st which had the final software update in Vermont, and another with the final update in New Jersey in the past week or so. GM has updated their recall page… Continue reading GM asks Chevy Bolt EV owners not to charge overnight or park inside after 2 more fires

Tesla 4680 battery cell: LG & Samsung reportedly produced samples as they eye big contract

LG Energy Solutions and Samsung SDI have both reportedly completed the first sample cells of Tesla’s 4680 battery cell as they eye a big contract from the automaker. Last year, Tesla unveiled its plan to produce its own new tabless battery cell in a bigger format with a new chemistry. The automaker claims to have solved… Continue reading Tesla 4680 battery cell: LG & Samsung reportedly produced samples as they eye big contract