Tesla allows you to go off-grid in one press with new mobile app

Tesla is now allowing Powerwall owners to go off-grid in just a simple press through its new mobile app. Earlier this week, Tesla started pushing a new version of its mobile app, which is extremely important to its vehicle ownership experience. As we have previously reported, Tesla is looking to use its app more in… Continue reading Tesla allows you to go off-grid in one press with new mobile app

EV startup Rivian files for IPO, seeks about $80 billion valuation

Rivian Automotive Inc., the maker of electric pickups backed by Amazon.com Inc., has filed for an initial public offering and is seeking a roughly $80 billion valuation, according to people familiar with the matter. The Irvine, California-based startup said in a statement Friday that it submitted its S-1 registration to the Securities and Exchange Commission,… Continue reading EV startup Rivian files for IPO, seeks about $80 billion valuation

Geely’s EV brand scores $500m investment led by CATL and Intel

BEIJING — A luxury electric vehicle unit of China’s Geely has partnered with top EV battery maker CATL and other investors to accelerate the development of new technologies. Zeekr Intelligent Technology, which operates Geely’s premium EV brand, signed strategic investment partnerships with five companies including Intel Capital, Zhejiang Geely Holding Group announced Friday. The partners will gain a 5.6% stake in… Continue reading Geely’s EV brand scores $500m investment led by CATL and Intel

Huawei’s smart car partnership model comes under scrutiny

As Huawei Technologies gathers pace on its push into smart cars, industry insiders closely following the Chinese telecom giant’s shift away from consumer electronics and into the competitive auto space have raised concerns over the company’s partnership models with domestic carmakers. Since pivoting into China’s automotive industry following a series of Trump-era sanctions on the… Continue reading Huawei’s smart car partnership model comes under scrutiny

Tesla wants to sell electricity in Texas

Elon Musk’s Tesla is looking beyond electric vehicles, solar panels and energy storage and wants to now supply electricity directly to customers, according to an application filed with Texas electricity regulators earlier this month. Energy Choice Matters first reported on the application. The application, filed with the Public Utilities Commission of Texas on August 16,… Continue reading Tesla wants to sell electricity in Texas

Autos & TransportationGeely’s EV brand Zeekr raises $500 mln in first external funding2:42 PM UTC

A Zeekr 001 electric vehicle (EV) by Geely is seen displayed at the Zeekr booth during a media day for the Auto Shanghai show in Shanghai, China April 19, 2021. REUTERS/Aly Song BEIJING, Aug 27 (Reuters) – Zeekr, the premium electric vehicle brand by Geely, said on Friday it raised $500 million in its first… Continue reading Autos & TransportationGeely’s EV brand Zeekr raises $500 mln in first external funding2:42 PM UTC

4 Large-Cap Stocks Expected to Increase Sales 508% to 1,118% by 2024

Motley Fool Is Lucid Group Stock a Buy? Lucid Group (NASDAQ: LCID) has surely caught the attention of electric vehicle (EV) investors. Among automakers that manufacture only EVs, Lucid Group’s market capitalization, of nearly $37 billion, is behind only those of Tesla and Nio. To begin with, the company’s first product, the Lucid Air, claims… Continue reading 4 Large-Cap Stocks Expected to Increase Sales 508% to 1,118% by 2024

Tesla plans to enter Texas deregulated energy market, starts with massive 250 MW battery

Tesla has filed to enter Texas’s deregulated energy market and become an official electricity retailer. For a change, the company sees an opportunity not to disrupt but to fix and stabilize the market. After winter storms earlier this year, the Texas grid experienced widespread blackouts, leading to more than a hundred deaths and billions in… Continue reading Tesla plans to enter Texas deregulated energy market, starts with massive 250 MW battery

@niche: A New Chapter, A Continued Mission: Introducing Our Head of Investor Relations, Henry Kwon001174

Through my career in finance, I recognized that the most successful companies were those with a great team, differentiated proprietary technologies, and the ability to address a large and growing market. Xos has all three of these elements, which is why I’m so excited to work here and serve as Chief Financial Officer as we… Continue reading @niche: A New Chapter, A Continued Mission: Introducing Our Head of Investor Relations, Henry Kwon001174

Russian Space Chief Issues Cryptic Invitation to Elon Musk

“Come! We are waiting for you.” Dmitry Rogozin, the head of Russia’s space agency Roscosmos, just reached out to SpaceX CEO Elon Musk on Twitter with a cryptic invitation. “Good afternoon, Mr. Elon Musk!” Rogozin wrote. “On October 5, a new expedition will leave for the International Space Station. We are planning to send a… Continue reading Russian Space Chief Issues Cryptic Invitation to Elon Musk