South Korean battery supplier SK On is cutting jobs to “better navigate EV market conditions.” SK On has faced challenges this year resulting from a slowdown in the electric vehicle market. “These are proactive measures to establish a lean, agile workforce, so that we can better navigate shifting EV market Read more
Tesla Energy deployed 6.9 GWh of energy storage products in the third quarter of 2024. With these results, the company has already exceeded its full year 2023 energy deployments, with one whole quarter left in 2024. While Tesla Energy’s 6.9 GWh worth of deployments in Q3 2024 are lower than Read more
Tesla Giga Berlin’s factory manufacturing director, André Thierig, believes that workers who are calling out are abusing Germany’s social system. He also said that the company’s plans to visit workers who have called out sick were positive, because workers taking advantage of the system are abusing it. Last week, we Read more
Tesla reported its Q3 delivery figures this morning, with 462,890 vehicles making their way to customers throughout the three-month span. However, conflicting reports of a delivery beat or a delivery miss are circulating, but what’s the real answer? It truly depends on who you ask. A beat or a miss Read more
Tesla Robotaxi unveiling will take place next week on October 10 in Los Angeles at the company’s “We, Robot” event. Morgan Stanley analyst Adam Jonas has a clear-cut timeline of when the firm believes the Robotaxi will roll out. Jonas notes that Morgan Stanley believes there is an anxiety around Read more
SpaceX Falcon 9 launches will be paused for a period of time while the Federal Aviation Administration (FAA) investigates an anomaly that occurred during the Crew-9 launch in late September. Despite a successful liftoff that sent Crew Dragon to the International Space Station (ISS) in a mission that will see Read more
Tesla analyst Gene Munster from Deepwater Asset Management named three headwinds that might affect the company’s return to growth. On Wednesday, October 2, 2024, Tesla released its Q3 2024 delivery and deployments report. Tesla produced approximately 469,796 vehicles and delivered 462,890 units in the third quarter. It also reported deploying Read more
Volkswagen-backed battery developer 24M Technologies has shared test data showcasing its Impervio separator technology, which helps reduce the risk of EV battery fires. The video footage below shows a side-by-side comparison of conventional EV cells overcharged with and without an Impervio separator in real-time, demonstrating the technology’s potential in the Read more
Ford’s EV lineup is having a record sales run this year, even if the Mustang Mach-E went into the red in the previous quarter.
Norway saw a total of 12,966 passenger car sales in September 2024. From this number, 12,495 were battery electric vehicles. This means that 96.4% of all passenger car sales registered in Norway last month were BEVs. Tesla saw much success in the country in September, with the company seeing more Read more