Key Points 💼 General Motors (GM) has acquired battery software startup ALGOLiON Ltd., based in Israel. ⚡ The acquisition is expected to aid GM in battery development for full-electric vehicle production. 📊 ALGOLiON’s sophisticated software utilizes data streams from EV battery management systems to identify anomalies, ensure vehicle health management, and detect battery hazards. 🔄…
Key Points 🎨 Tesla changed its free color option from White to Midnight Silver for Model Y and Model 3 vehicles in North America. 💰 The white color option now costs $1,000, while the color options and prices for Model S and Model X remain unchanged. 🗣 Elon Musk responded to a Twitter user’s suggestion…
Lucid Motors made it a point to go above and beyond the industry standard when it released the Air, its first vehicle. With a range of over 500 miles, the Air was a strong statement from the EV maker. It entered the electric luxury sedan market late, but its range alone showed that it was…
It appears that Tesla has brought over a Model 3 Project Highland unit at the Southern Hemisphere Proving Grounds (SHPG) in New Zealand. A photo of the apparent vehicle has been shared online. Tesla is currently holding its winter tests at the Southern Hemisphere Proving Grounds, an expansive facility in New Zealand that allows Tesla…
Rivian Automotive Inc. exceeded expectations in the second quarter of 2023. The company’s Q2 results seem to have propelled RIVN stock to double-digit gains on Monday. As per a press release from Rivian, it delivered a total of 12,640 vehicles during the second quarter. A total of 13,992 vehicles were produced in the same period. These results…
Tesla’s North American Charging Standard (NACS) seems to be gaining more traction, with recent reports suggesting that Kentucky recently implemented a policy that mandates EV charging companies to include a NACS plug if they wish to participate in a state program aimed at electrifying highways using federal funds. Tesla’s NACS has been seeing a lot…
Tesla’s (NASDAQ:TSLA) impressive Q2 2023 vehicle delivery and production results are leading some momentum in the electric vehicle sector. While TSLA shares rose on Monday amidst the electric vehicle maker’s ramp of its capacity, other EV makers like NIO, Li Auto, Rivian, and Lucid, also appear to be seeing some strength. Tesla reported strong second-quarter results,…
Tesla recently launched an official Instagram account for its Malaysia branch. Tesla Malaysia announced that car sales would start by the end of the month. Tesla Malaysia released a teaser, stating that car sales for the company would start by Friday, July 7, 2023. Local reports say Tesla plans to hold an official unveiling event…
A Tesla Model S Plaid racecar with Unplugged Performance parts was able to set a new record at the 101st running of the Pikes Peak International Hill Climb. The vehicle, aptly called “Dark Helmet” as an homage to the film Spaceballs, successfully completed the hill climb with a sub-10 minute run time of 9:54.901. What is…
Tesla posted the Q2 2023 Financial Results and Q&A schedule after reporting stellar production and delivery numbers. Tesla plans to post its financial results for the second quarter of 2023 after market close on Wednesday, July 19, 2023. After a brief advisory with a link to Tesla’s Q2 2023 update letter, the company will hold…