Eviation, a company producing a commercial electric plane, has received yet another massive order. Eviation announced mid-last year that it had amassed over $2 billion in orders for its electric plane, but it hasn’t stopped there. Since that announcement, the company has acquired three more orders for a combined 70 units of its aircraft, the Alice. The…
Twitter is recapturing advertisers with new content deals for 2023. When Elon Musk bought the social media platform in late 2022, many advertisers paused their ad campaigns for uncertainties and other reasons. General Motors CEO, Mary Barra, said that the automaker wanted to ensure that its advertising strategies were being kept confidential. The automaker is a competitor…
Sales of electric vehicles in the United States grew by 65 percent in 2022, despite a decline in total new vehicle sales for the first time since 2011, new data shows. New data from Kelley Blue Book shows that, for the first time in just over a decade, Americans bought fewer new cars than the year before.…
Tesla (NASDAQ: TSLA) pushed huge price cuts on its vehicles in both the United States and China within the past few weeks, but the automaker’s decision is hitting the stock in one way and its outlook in another. After the Austin-based automaker slashed prices by as much as $13,000 in the United States and 13.5…
Hertz has massively expanded the number of EVs available to Uber drivers in Europe to help both organizations achieve their respective climate goals. Hertz and Uber have had a substantial partnership in North America over the past year, which has allowed Uber drivers to rent EVs from Hertz at a discounted weekly rate. Thus far, 50,000…
It appears that the effects of Tesla China’s recent round of price cuts are starting to become evident. This was hinted at in insurance registrations of Tesla’s electric vehicles during the second week of January 2023. As per insurance registrations recorded by independent trackers in China, Tesla saw 12,654 weekly insured units from January 9-15,…
CEO Elon Musk says that SpaceX’s South Texas Starship aims to build up to five of the two-stage megarockets in 2023. SpaceX’s Boca Chica, Texas hardware endeavors began in an empty field in late 2018, kicking off Starhopper testing in 2019. In late 2019 and early 2020, the company began building the bones of the…
Tesla’s California Virtual Power Plant (VPP) has been growing quietly in the background, and its growth since the middle of 2022 has been substantial. As per data tracked by the EV community, it would appear that the California VPP has grown to over 5,700 homes from both PG&E and SoCal Edison customers. A virtual power…
Two of the automotive segment’s most prolific electric vehicle makers may be preparing to establish their presence in Indonesia soon. As per a statement from a senior cabinet minister on Tuesday, Indonesia is closing in on agreements with both Tesla and BYD for electric vehicle facilities in the country. During a meeting with provincial governments,…
Prolific German union IG Metall recently criticized Tesla Germany over allegations of excessive working hours. The union also noted that workers are afraid of speaking out at the company’s Brandenburg plant, Gigafactory Berlin. The allegations were shared by the union at its annual news conference. IG Metall has an office near Giga Berlin, and the…