Tesla is reportedly running into problems establishing battery cell production at Gigafactory Berlin, and it is moving battery manufacturing equipment to Texas. For over two years now, Tesla has been working to build its own battery cells with a new 4680 format. The plan is critical to the company’s long-term growth as it powers its… Continue reading Tesla is running into issues building battery cells at Gigafactory Berlin
Category: Automotive
Nikola founder Trevor Milton found guilty of fraud over statements he made while CEO of the EV company
Trevor Milton CEO of Nikola Massimo Pinca | Reuters Trevor Milton, the founder and former chairman and CEO of electric heavy truck maker Nikola, was found guilty in federal court Friday of three of four counts of fraud relating to false statements he made to drive up the value of Nikola’s stock. Milton was charged… Continue reading Nikola founder Trevor Milton found guilty of fraud over statements he made while CEO of the EV company
Inside the only lithium producer in the U.S., which provides the critical mineral used in batteries by Tesla, EV makers
watch now SILVER PEAK, Nev. — On the edge of Western Nevada, hours from a major city and miles down private dirt roads, lies the United States’ only lithium-producing plant. The nearest town is Tonopah — population 2,179 — where a prospector discovered silver at the turn of the 20th century. The town’s mining roots… Continue reading Inside the only lithium producer in the U.S., which provides the critical mineral used in batteries by Tesla, EV makers
Sony and Honda plan to start U.S. deliveries of their electric vehicle in 2026
Yasuhide Mizuno, the chairman and CEO of Sony Honda Mobility Inc., speaks during a news conference in Tokyo, Japan, on Oct. 13, 2022. Kiyoshi Ota | Bloomberg | Getty Images The Sony-Honda joint venture focused on electric vehicles plans to begin deliveries to the United States and Japan in 2026. Sony Honda Mobility, as it’s… Continue reading Sony and Honda plan to start U.S. deliveries of their electric vehicle in 2026
GMC Sierra EV Denali teased ahead of Oct. 20 debut
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Canoo gets orders for at least 3,000 more electric vans
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2024 Polestar 3 starts at $85,300, expected 300-mile EPA range
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Nikola founder Trevor Milton guilty of defrauding investors
Nikola Corp. founder Trevor Milton was convicted of fraud for misleading investors in the electric truck company, a stunning downfall for the door-to-door salesman turned billionaire who promised to revolutionize the auto industry. Milton, 40, was found guilty Friday of one count of securities fraud and two counts of wire fraud by a federal jury… Continue reading Nikola founder Trevor Milton guilty of defrauding investors
Carvana seeks temporary restraining order against Michigan after license suspension
Online used-car retailer Carvana is seeking a temporary restraining order against the state of Michigan after the Secretary of State’s office moved to suspend and revoke its license over no-title complaints from consumers. The Arizona-based company said in a statement Friday that it filed the motion in the state Court of Claims this week in… Continue reading Carvana seeks temporary restraining order against Michigan after license suspension
Jeep maker settles with California air regulators over emissions test violations
The maker of Jeep, Ram and Dodge vehicles has agreed to settle violations of air-quality regulations in California for $5.6 million, the California Air Resources Board said Friday. It’s CARB’s second enforcement action in four years against FCA US LLC, which is the North American business of Stellantis NV. The violations affected more than 30,000… Continue reading Jeep maker settles with California air regulators over emissions test violations