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It’s a little more complicated than that, though. Here’s why.

China’s Xiaomi has reported a 30.5% growth in third-quarter revenue for its EV business, with the company also bumping up its yearly delivery target for the SU7 series EVs to 130,000 units. more…

The Phoenix-based electric bike maker Lectric Ebikes has been on a tear lately, launching updated versions of its wildly popular electric bicycle models. The latest in a string of affordably priced updates is the new Lectric XPeak off-road e-bike, packing a surprising amount of tech and upgrades for a surprisingly Read more

New Zealand’s Commerce Commission (ComCom) filed criminal charges against network provider One NZ for claims it made while promoting Starlink’s Direct-to-Cell (aka Starlink Cellular).  Earlier this mont, One NZ announced it would be offering Starlink Cellular in New Zealand. The company plans to initially offer TXT services to customers with Read more

LG Energy Solution (LGES) signed a Memorandum of Understanding (MoU) with US-based Bear Robotics. LGES will supply cylindrical battery cells for Bear Robotics flagship robots, which provide businesses with automation solutions.  As per the MoU, the South Korean company will be the sole supplier of cylindrical 2170 batteries to Bear Read more

Xiaomi Corp’s Q3 2024 revenue exceeded analyst expectations. The China-based company’s recent success has been attributed to its rapidly growing electric vehicle (EV) business, thanks to the popular SU7.  “In the third quarter of 2024, we achieved record revenue and solid earnings growth. In the third quarter of 2024, our Read more

Tesla stock (NASDAQ: TSLA) is up big on Monday morning on Wall Street after a bullish report that President-elect Donald Trump would have a federal framework for self-driving vehicles. Many bulls have said that Tesla would benefit greatly from a Trump presidency. After the stock soared following Trump’s successful election Read more

Since February, Tesla has been dealing with protestors in the nearby forest it hopes to cut down for expansion plans. Many of the environmental activists still remain, and this week, local police have launched an operation to try to remove them. Protestors have been staying in treehouses in a local Read more

Elon Musk is continuing to hint that Tesla is developing a new, larger vehicle to add to its lineup. Tesla has only one vehicle that is truly designed for a family that is larger than four people: the Model X. It is an SUV that can have three rows and Read more

A German Minister has shared some insights about his political disagreements with Elon Musk and U.S. President-elect Donald Trump, going on to add that he “still values” the Tesla CEO and the company’s Gigafactory in Brandenburg. In an interview shared by German outlet Tagesspiegel on Monday, Brandenburg Economic Minister Jörg Read more