Charged recently chatted with Fredrik Tjernström from Volvo Construction Equipment (Volvo CE) to learn about the OEM’s electrification journey. Tjernström detailed Volvo CE’s gradual and strategic progression in electrifying its equipment lineup, starting four years ago with compact machines such as fully electric compact excavators and wheel loaders. He highlighted Read more
The three-year, Finland-based BATCircle3.0 project led by Aalto University has launched with a strategic focus on battery material refining and battery recycling. In October 2024, Business Finland granted the consortium €13.4 million in funding for the next three years. BATCircle3.0 is a key project in Business Finland’s Hydrogen & Batteries—Dual Read more
Chinese battery manufacturer CATL has signed a strategic cooperation agreement with EV manufacturer NIO to jointly build a battery swap network and promote the unification of industry technical standards. The companies aim to build a battery swap network for passenger cars and promote the popularization and upgrading of battery swap Read more
The world’s biggest battery maker made three big announcements ahead of Auto Shanghai pushing EV tech to new heights.
Elon Musk has responded sharply to a lawsuit alleging that Tesla speeds up its vehicles’ odometers to avoid paying for warranty-covered repairs. Musk’s comment about the lawsuit’s allegations were posted on social media platform X. The Lawsuit’s Allegations The proposed class-action lawsuit claimed that Tesla is speeding up its vehicles’ Read more
Japan expressed concern over President Trump’s auto tariffs, citing inconsistencies with a 2019 bilateral trade deal signed with the U.S. Prime Minister Shigeru Ishiba said Japan is committed to the 2019 agreement despite current concerns over President Trump’s new tariffs. Trump’s tariffs impose a 25% duty on imported vehicles, effective Read more
That’s only $300 more than last year. But higher trim levels get way more expensive.
Elon Musk is breaking his own rule of not making announcements during Tesla earnings as the CEO appears desperate amid a brand crisis. more…
Tesla’s (NASDAQ:TSLA) stock price target was slashed 15% by Barclays to $275 from $325. Barclays analysts cited weaker fundamentals and challenges in achieving 2025 unit volume growth as reasons for cutting Tesla’s price target. The firm retained an equal weight rating on TSLA, noting that CEO Elon Musk could shift Read more
A man who attacked a Tesla Cybertruck in South Korea’s Gangnam district has been arrested and detained. As per reports, the man is also accused of assaulting a person and damaging several other vehicles during the incident. The Incident As per authorities, the suspect, who is in his 30s and Read more