Tesla launched a Drive Anywhere Package for new Model S and Model X purchases. Tesla’s Drive Anywhere Package costs an additional $5,000. It includes three main benefits that last up to 3 years. Model S and Model X customers who purchase Tesla’s Drive Anywhere package will receive free Supercharger access Read more
Hyundai will produce its IONIQ BEV series and corresponding battery packs in Thailand. The South Korean automaker recently confirmed its $30 million investment in Thailand. Hyundai Motor Company plans to establish a battery electric vehicle (BEV) assembly plant in Thailand with its $30 million investment. Hyundai is partnering with local Read more
Tesla’s use of gigacastings may still attract criticism from car enthusiasts, but the world’s most prominent automakers are already adopting the technology. As per a recent report, Japanese automaker Toyota is poised to install a gigacasting machine at a vehicle production center in Aichi prefecture, Japan, as soon as this Read more
A study from Swedish social research company Sifo and charging box company Zaptec has revealed that electric vehicle drivers actually take longer journeys in their EVs than drivers who drive combustion-powered cars. Similar findings were observed by Statistics Norway’s Traffic Analysis. Sifo and Zaptec’s study involved 1,082 respondents who currently drive Read more
LG Energy Solution (LGES) announces plans to offer battery diagnostic software to global automakers amidst electric vehicle (EV) fire safety concerns in South Korea. On August 21, 2024, LG Energy Solution announced that it would expand its battery safety diagnostic software business and seek global automakers as clients. An LGES Read more
China’s Commerce Ministry responded to the European Commission’s updated tariffs on electric vehicle (EV) imports from China. A spokesperson from the Ministry of Commerce addressed the Commission’s reduced tariffs on China-made EV imports to Europe. The Commission recently published a draft plan updating its tariff rate for China-made EV imports. Read more
Ford’s love affair with EVs is coming to an end, the automaker announced today, as it shifted plans for its next few vehicles to be hybrid-electric instead of fully electric. The move comes as profitability and consumer trends are taking focus. Ford has struggled to get its head above water Read more
Tesla (NASDAQ:TSLA) retained its “Outperform” rating from Baird amidst news that the electric car maker’s vehicles will only be receiving an additional 9% import tariff from the European Union. As per Baird analyst Ben Kallo, the adjusted tariffs on Tesla’s electric vehicles are better than feared. The Baird analyst stated Read more
Tesla has initiated a rare physical recall for the 2016 Model X SUV. As per the National Highway Traffic Safety Administration’s (NHTSA) Safety Recall Report, a total of 9,136 units of the 2016 Model X that were produced through July 31, 2016 are affected by the issue. The Tesla Model Read more
When Tesla’s mercurial leader fired the company’s entire 500-person Supercharging team a few months ago, EV pundits predicted that most of these highly-skilled pros would soon be snapped up by other companies. In the event, some were rehired by Tesla, and others have moved on to greener pastures, including seven-year Read more