Falling EV gross sales mixed with a decrease common promoting value, much less money from regulatory credit, and a decline in photo voltaic and power storage income took a toll on Tesla’s backside line within the second quarter...
Homeowners of the Lucid Air sedan will have the ability to cost their luxurious EVs at 1000's of Tesla Supercharger stations in North America beginning July 31, almost two years for the reason that automakers reached an settlement....
Los Angeles-based Nevoya got here out of stealth final 12 months with the bold objective of breaking the EV truck adoption logjam. Nevoya made sufficient progress on its objective to draw buyers — and a $9.3 million seed...
Rivian will resume prep work on its deliberate Georgia manufacturing facility in August and continues to be seeking to break floor early subsequent yr, in line with emails TechCrunch obtained via a public data request.
The restarted effort comes...
Gross sales of Tesla’s Cybertruck have plummeted from their peak final 12 months, to the purpose that the hulking (and costly) GMC Hummer EV outsold the polarizing steel-clad curiosity within the second quarter.
Tesla bought simply 4,306 Cybertrucks within...
Tesla is sort of prepared to start out promoting its electrical autos in India, in response to Bloomberg Information, after years of flirting with the thought. The corporate is about to open its first showroom in Mumbai and...
In April 2025, a brand new firm known as Slate Auto got here out of stealth and shocked the automotive trade. Not solely was this startup centered on making an ultra-cheap, customizable electrical pickup truck with funding from...
Additionally Inc., the micromobility startup spun out of Rivian earlier this 12 months, has raised $200 million from Greenoaks Capital, in line with a new report from Bloomberg News.
The funding spherical brings Additionally’s post-money valuation to $1 billion....
As Rivian begins accepting orders for its 2026 Quad Motor pickup truck and SUV, prospects could initially be enticed by the facility and methods the 4 motors in these rebooted EVs can unleash.
In any case, 4 motors delivering...
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This week I’m publishing an abbreviated model of...