Since Elon Musk’s turbulent takeover of Twitter, sentiments among Tesla supporters and critics suggested that the EV maker’s brand had suffered greatly in the past year. As per the results of Brand Finance’s 2023 World’s Most Valuable Brands rankings, however, such sentiments may not exactly be accurate. Headquartered in the City of London, Brand Finance is an independent…
Starlink antennas are now offered by Anuvu through a new reseller agreement. SpaceX launched the high-speed, low-latency broadband internet service for Maritime customers in July 2022. Starlink Maritime allows oceangoing vessels to connect from the most remote waters across the world and is able to withstand extreme temperatures and weather, such as gale-force winds. Since the…
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,…
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,…