Fisker’s share value halved in a day, dropping from 32 cents to under 15 cents, after a report that the company is working with restructuring advisors
Automaker tops the list of American companies who pay out far more to their own bosses than they do in federal taxes
Chery is in discussion with Italian government about building a plant, says report
An environmental group has claimed responsibility for the attack that may have cost Tesla hundreds of millions of euros
The executive does not believe in protectionism and says his company did not ask for the probe
With fewer ICE vehicles making their way into the used market, it’s predicted that dealers will be fighting over combustion powered cars in the used markets
Roughly one in every three reported feeling pressure to purchase add ons too and the same percentage had to deal with hidden fees
The company says its $5 Billion Georgia plant will be critical to take the R2 and R3 international
As automakers get better at making EVs, and gigasting techniques become ubiquitous, the cost of production goes down, but repair prices are rising
The existing plant in Normal, Illinois, will see its annual capacity grow to 215,000 units to accommodate R2 production
The company says it has improved production efficiency at the factory which employs 8,000 staff
Musk knew OpenAI needed money, agreed to a for-profit entity before leaving the company and suing it
China exports more cars than any other nation but it needs many more cargo ships to continue its growth
Primearth EV Energy will start producing batteries for hybrids, PHEVs, and EVs
The ship’s operator says the fire started from a Porsche model’s battery and they were not properly informed of the danger and precautions needed to transport electric vehicles
Where some automakers see an EV demand crisis, Polestar sees an opportunity, but is its optimism justified?
Both automakers stand to benefit from the deal and without it Fisker may not last much longer
The Canadian province says the added weight of electric vehicles causes more wear and tear on roads