Transportation
At least one Tesla Cybertruck has endured some Al Capone-style bulletproof testing, CEO Elon Musk claimed last week on X, after a video emerged where the truck looked like it had been pelted with bullets from a 1920s submachine gun. But take the Tesla head honcho’s hyperbolic Twitter rants with a grain of salt; the…
Tesla’s third-quarter earnings call was a bit of a weird one, at least compared to previous calls, which made analysts a bit worried about what’s going on behind the scenes at the Austin-based EV maker. During the call, CEO Elon Musk uncharacteristically said that he wanted to temper expectations regarding the upcoming Cybertruck production ramp,…
If the Mustang Mach-E is on your EV shortlist, now may be a good time to buy one because Ford has introduced several interesting discounts. The Mach-E now offers as much as $13,000 in savings, with all versions of the electric crossover now featuring big discounts for either buying or leasing. Combined with the federal…
Electric bicycles are rapidly reshaping the way people look at urban mobility in multiple parts of the world. No matter where in the world you look, it’s generally agreed upon that e-bikes are effective means of urban mobility, with a lot of local governments rolling out legislation in support of e-bikes. However, this isn’t to…
Suppliers to the Hyundai plant have pledged to invest nearly USD 2.3 billion and to hire nearly 5,800 people. A South Korean company that makes automotive seat frames will open a factory in Georgia to supply a new Hyundai Motor Group plant. Daechang Seat Corp., based in Gyeongju, South Korea, said Monday that it would…
Tesla, the world’s largest all-electric car manufacturer, once again increased its potential annual manufacturing output, recently exceeding 2,350,000 units, according to Q3 financial report. That’s an increase of 325,000 compared to the previous report (Q2 2023). The year-over-year increase amounted to roughly 450,000. This time, the change is associated with the Giga Shanghai plant, where…
Tesla has revealed that the US Department of Justice (DOJ) has intensified its investigation into the company lately. In its latest SEC quarterly report (via Electrek), the EV maker has confirmed that the DOJ investigation has expanded beyond Full Self-Driving and Autopilot to include subpoenas on vehicle range and other matters. “The Company has received…
Back in August, German bike brand Propain unleashed the Ekano 2 AL electric mountain bike. The aluminum-framed all-mountain/enduro e-bike impressed with its long-travel suspension and upmarket componentry, however, it seems that Propain has outdone itself with the launch of the Ekano 2 CF. As the name suggests, it ditches the aluminum frame for a lighter…
The Tesla Energy business continued to expand during the third quarter of 2023, reaching a new record level thanks to the battery energy storage system (BESS) deployment. According to the company, in Q3, Tesla Energy generation and storage revenues increased by 40 percent year-over-year to $1.559 billion (6.7% of the total revenues), while the cost…
Fisker has made its most expensive Ocean model $7,500 cheaper, lowering the price of the Ocean Extreme by the same amount as the maximum federal tax credit for which the electric SUV does not qualify. The Fisker Ocean Extreme now costs $61,499 from $68,999 before, and the good news is that customers who have already…
