Tesla entered two new markets this week by advancing its presence in Latvia (Europe) and officially launching operations in Uruguay (South America), marking a rapid dual-continent expansion. These moves underscore the company’s strategy to tap into emerging EV markets with supportive policies, renewable energy grids, and growing demand for sustainable Read more
China is averaging around 30 brand-new cars every single month—the U.S. does that in a year.
NatPower Marine, a NatPower Group company, has signed a strategic agreement to acquire the Aqua superPower international charging network from ATV Power. NatPower Marine is developing an independent network of ship charging facilities, with the objective of deploying a global network of port electrification and charging infrastructure for the maritime Read more
Evolution Metals & Technologies (EM&T) has executed an agreement with Senri Trading to purchase neodymium-praseodymium (NdPr) metal from SRE Vietnam, a wholly owned subsidiary of Japanese trading company Tokai Trading. EM&T says the material comes entirely from a non-China source. NdPr metal is used to make the permanent magnets that Read more
KONČAR Electric Vehicles has selected Forsee Power’s ZEN 55 LFP RAIL battery systems for its new generation of battery multiple units (BMU) and battery-electric multiple units (BEMU). The Croatian manufacturer, part of the KONČAR Group, has placed an initial order to equip eight trains for operation in Croatia. KONČAR has Read more
BYD revealed the new Denza Z9S, a high-tech luxury electric sedan that can drive over 570 miles (920 km) on a single charge.
BYD wants to be the top-selling car company in the world within the next five years—with or without selling in the U.S.
SpaceX has announced a new target date for the thirteenth test flight of Starship: Monday, July 20, with the launch window opening at 6:45 p.m ET/5:45 p.m. CT. This is the first rescheduling attempt of Starship’s 13th test flight. It was set to launch last night, but SpaceX scrubbed the Read more
Tesla opened two new markets in less than 24 hours, launching in Latvia and Uruguay in back-to-back announcements this week. The dual entry completes Tesla’s expansion across all three Baltic states and gives the automaker its third market in South America — two very different markets that show how the Read more
Volkswagen opened pre-orders for the ID. Polo with the smaller 37 kWh battery, starting at under $30,000. The lower-priced model arrives after Volkswagen’s new EV received 25,000 orders weeks after it went on sale.