Stellantis invests ~$52M to increase Lithium production for EVs
12:59am By Maria MeranoStellantis made a €50 million (about $52 million) equity investment in Vulcan recently to increase lithium production for EV manufacturing. Vulcan plans to use the investment for expansion drilling in its Upper Rhine Valley Brine Field (URVBF), where it…Tesla cancels Model Y Performance deliveries in Germany over defects
Sun 10:14pm By Maria MeranoTesla Model Y Performance (MYP) reservation holders in Germany received notice that their deliveries were canceled or delayed due to defects in some vehicles. Reservation holders from Germany started reporting Model Y Performance cancellations on Saturday,…Classic car rally to allow EVs to participate for the first time
Sat 10:49am By William JohnsonThe “Bay to Birdwood Run” has announced that starting this year, electric conversion vehicles will be allowed to participate in the rally. In an interview with the Australian Broadcast Center (ABC), event organizer Michael Neal stated that he wanted the…Goodwood hosts the introduction of many new EVs
Sat 9:50am By William JohnsonThis week, the Goodwood Festival of Speed is happening in West Sussex, England, and many manufacturers are showing off production and concept electric vehicles. The Goodwood Festival of Speed has been an annual event showing off many different cars since 1993.…Tesla’s self-inscription atop Gigafactory Texas with solar panels continues
Sat 9:00am By Joey KlenderTesla’s self-inscription of its name atop Gigafactory Texas with solar panels continues on. The company has officially started making some serious progress to the letter ‘T’ in the design and is nearing completion just months after the factory started…Aptera looks to potentially adopt Tesla’s Charging Connector for its vehicles
Sat 8:03am By William JohnsonVia a recent Q&A with Aptera co-CEOs, the company revealed that it would be attempting to use the Tesla J1772 charging connector on their production vehicles. In the most recent Aptera Q&A (via Electrek), a question was raised asking if, while the prototype…Cadillac teases the Celestiq’s $300,000 interior
Fri 3:29pm By William JohnsonSources familiar with Cadillac’s Celestiq say that the new hyper-luxury vehicle will be selling for $300,000 and up. This comes shortly after Cadillac released more teaser images of the vehicle’s interior. According to the Wall Street Journal, a source…Ford reportedly eliminates lease-to-buy option on electric vehicles
Fri 1:59pm By Christine Jean-BaptisteAs of June 15, 2022, Ford will no longer offer the opportunity to purchase its three all-electric vehicles, the F-150 Lightning, Mustang Mach-E, and E-Transit Van, for new leases. Ford informed dealers in a letter that it was discontinuing the end-of-lease…Polestar goes public and is listed on NASDAQ after SPAC merger
Fri 12:43pm By Joey KlenderElectric car company Polestar (NASDAQ: PSNY) successfully went public after completing a SPAC merger this morning and is listed on NASDAQ under the ticker PSNY, as of June 24. Polestar called the public listing “another significant milestone for the brand…Tesla’s Q2 outlook prompts price target cut at Credit Suisse
Fri 11:26am By Joey KlenderTesla’s (NASDAQ: TSLA) price target at Credit Suisse has been reduced to $1,000 from $1,125 as the firm, led by research analysts Dan Levy and Trevor Young, cited concerns from the company’s COVID-forced shutdown as a major concern to Q2 delivery numbers.…
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